GP Bullhound is proud to announce that its Fund VI has led a €23 million funding round in Sesame, together with existing investor PSG.
Established in 2015, the Valencia-based HR software company, Sesame, has rapidly grown to serve over 8,000 customers, with its platform reaching more than 300,000 users. The platform empowers companies to digitise routine HR tasks, from time management and core HR administration to performance and engagement. It leverages artificial intelligence to gain deeper employee insights and craft bespoke work experiences.
“Thanks to the investment from GP Bullhound, we’re empowered to propel our vision of redefining employee management with cutting-edge technology,” said Albert Soriano, Founder of Sesame. “This partnership enables us to accelerate our product development and expand geographically, ensuring that businesses everywhere can benefit from our sophisticated, AI-driven solutions.”
Per Roman, Founder and Managing Partner at GP Bullhound, stated, “At GP Bullhound, we strategically invest in the AI-led software revolution, focusing on the sustained growth of software by backing category leaders in the later stages of venture. Sesame is a prime example of our focus, with its innovative HR technology set to revolutionise the way businesses worldwide interact with their employees, and we are excited to support their product and international expansion.”
This capital injection allows Sesame to develop new software features, launch new verticals, and accelerate its international expansion. The funding round also includes contributions from PSG.
About Sesame HR
Sesame HR is the HR software focused on redefining the employee experience. It digitises routine HR processes so that managers and HR professionals can put talent, career development, and team wellbeing at the heart of growing their business and building a successful corporate culture. They currently have more than 8,000 customers and 300,000 users in more than 30 countries in Europe, the United States, and Latin America. https://www.sesamehr.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 12 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.
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