HR Path Receives €225M in Financing
HR Path, a Paris, France-based HR digital transformation company, raised €225M in financing. The round was led by Andera Partners, with participation from Societe Generale Capital Partenaires, as well as six French banks including Société Générale, BNP Paribas, Crédit Agricole Ile de France, Banque Palatine, LCL and Caisse d’Épargne Ile de France. The company plans on using the funds to increase its organic and external growth and to expand its operations. Led by co-presidents François Boulet and Cyril Courtin, HR Path is a Human Resources company that supports companies for which the human experience is essential to their digital transformation. It offers services that range from consulting in HR strategy (Advise) to the implementation and maintenance of software solutions (Implement), as well as payroll outsourcing (Run). Created in 2001 in Paris and with its 1,300 talents, HR Path advises, integrates, and operates in 19 countries for more than 1,500 clients. Its turnover to date amounts to €140 million.