Ukrainian startup PeopleForce, the developer of an all-in-one HR platform, has raised $5.4 million in a Series A funding round. The round was led by Pracuj Ventures and u.ventures, with additional participation from Dnipro VC, the company reported.

• The new funding will be used to launch new product features and accelerate expansion into Poland and Latin America.
• The company also plans to scale local go-to-market (GTM) teams and enhance HR automation, tailored to the unique needs of each region.

«In 2024, PeopleForce achieved 80% annual ARR growth, and now, thanks to the support of leading venture capital firms, it will continue to innovate in the HR market in close cooperation with local clients,» the company stated.

• This isn’t Pracuj Ventures’ first investment in PeopleForce. The Polish investor first backed the startup in 2022, and in February 2024, it provided an additional $2 million in follow-on financing.
• PeopleForce is an all-in-one HR platform designed to streamline HR processes and enhance employee experience across the entire lifecycle.
• Founded in 2019 by Andrew Cetinick, the platform focuses on automating routine tasks to free up HR teams to concentrate on talent development.
• As of early 2024, PeopleForce reported more than 800 clients and 80,000 users globally. Its customer base includes notable companies such as Rakuten, BMW, Deloitte, Ajax Systems, Reply.io, and YouScan, alongside Polish firms like Autenti, MerXu, Grupa eSky, Inspeerity, Addepto, and Verseo, as well as Latin American companies including Hubbing LATAM, Infracommers, Patagonian, Clarika, and others.