Series A financing for jacando
jacando, a Swiss cloud software provider of innovative solutions for recruiting, personnel administration and talent management has successfully completed a Series A financing round. Ramus & Company supported jacando during the entire fund-raising process.
As part of a Series A financing, new investors acquire a stake in Jacando AG (“jacando”) and secure the expansion of the successful Swiss start-up. With the new capital, jacando will promote the development of distribution and enter into new markets in Europe. This will enable jacando to further expand its position as a leading provider of modular HR cloud software solutions for small and medium-sized enterprises. The new investors themselves are successful entrepreneurs who have a large network in finance and IT and experience in designing digital processes with SMEs and international companies.
Dennis Teichmann, chairman of the board and founder of jacando, says about the financing: “With the proceeds of the Series A round, we want to further strengthen the successful growth of jacando. We will open a new office location and invest heavily in the product and sales force. Therefore, we want to continue to provide our customers with an innovative, simple and cost-effective product with first-class, competent service.”
jacando, a Swiss cloud software provider, stands for innovative, cost-effective solutions in the fields of recruiting, personnel administration as well as talent and time management. With its products jacando Match, jacando Admin, jacando Talent and jacando Time, the company provides its customers with efficient HR processes. The software is easy to use, comprehensive in execution, can be customized to specific customer needs and is made by HR professionals for HR professionals. jacando has already won over 300 customers. For more information: www.jacando.com
Role of Ramus & Company
The partners of R&Co led the search for investors and accompanied the entire fund-raising process until its successful completion.