News May 19 2020

Neocase Software raises €6m for its HR management and automation platform

Thanks to software that facilitates work in the human resources department , the goal of Neocase Software is both to optimize the employee experience and to reduce administrative costs. Designed in 2001, this company offers solutions that digitize several activities within an organization. For information, it is now present in 180 countries and employs more than five million workers. Regarding international offices, they are located in France, the United States, the Netherlands and the United Kingdom. Furthermore, you should know that around 60% of Neocase Software’s revenues come from abroad. With this system, the company also wishes to conquer the Nordic countries and Central Europe.

On May 13, 2020, the software publisher announces that it has raised 6 million euros in funding. According to managers, this operation strengthens the teams in the research and development department. In this way, the establishment will be able to extend its management solutions to companies with more than 10,000 staff. In order to accomplish this step, many partners supported the operation, namely Talentsoft, Workday, CoreHR, TCS, CGI, etc.

Compared to last year, the growth percentage of Neocase Software has decreased. Because of the Covid-19 crisis, the company remains at a rate of 20%, compared to 22% in 2019.