About HeavenHR
HeavenHR is a company based in Berlin (Germany) founded in 2015.. HeavenHR has raised $18.09 million across 3 funding rounds from investors including Lakestar, Allianz X and Target Global. The company has 38 employees as of December 31, 2019. HeavenHR offers products and services including HR Administration Platform, Payroll Processing Tool, and Meldedienst Service. HeavenHR operates in a competitive market with competitors including Gusto, Paycor, Paychex, ADP and Personio, among others.
- Headquarter Berlin, Germany
- Employees 38 as on 31 Dec, 2019
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Heavenhr Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.09 M (USD)
in 3 rounds
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Latest Funding Round
$11.4 M (USD), Series B
Dec 12, 2018
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Investors
Lakestar
& 5 more
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Employee Count
38
as on Dec 31, 2019
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Products & Services of HeavenHR
HeavenHR offers a comprehensive portfolio of products and services, including HR Administration Platform, Payroll Processing Tool, and Meldedienst Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages employee data and absences with automation
Handles real-time calculations and tax compliance
Facilitates secure data exchange with authorities
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Funding Insights of HeavenHR
HeavenHR has successfully raised a total of $18.09M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11.4 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $11.4M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series B - HeavenHR | Valuation | Allianz X | |
| Aug, 2016 | Amount | Series A - HeavenHR | Valuation | Target Global , OpenOcean | |
| Oct, 2015 | Amount | Seed - HeavenHR | Valuation | Lakestar , Piton Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HeavenHR
HeavenHR has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lakestar, Allianz X and Target Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are funded via venture capital by Allianz-backed Allianz X.
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Founded Year | Domain | Location | |
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Venture capital firm
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Founded Year | Domain | Location | |
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European stage agnostic VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HeavenHR
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HeavenHR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Heavenhr Comparisons
Competitors of HeavenHR
HeavenHR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Paycor, Paychex, ADP and Personio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is provided for small and medium-sized businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS solutions are delivered for payroll and employee management.
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium-sized businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HeavenHR
When was HeavenHR founded?
HeavenHR was founded in 2015.
Where is HeavenHR located?
HeavenHR is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is HeavenHR a funded company?
HeavenHR is a funded company, having raised a total of $18.09M across 3 funding rounds to date.
How many employees does HeavenHR have?
As of Dec 31, 2019, the latest employee count at HeavenHR is 38.
What does HeavenHR do?
HeavenHR was established in 2015 in Berlin, Germany, within the HR technology sector. A SaaS-based human resource management system is delivered, covering hiring and onboarding processes, employee administration, and analytics with reporting tools. Additional services for payroll, insurance, and retirement provisions are included. The primary platform is supplied without charge, while income is derived from these supplementary offerings.
Who are the top competitors of HeavenHR?
What products or services does HeavenHR offer?
HeavenHR offers HR Administration Platform, Payroll Processing Tool, and Meldedienst Service.
Who are HeavenHR's investors?
HeavenHR has 6 investors. Key investors include Lakestar, Allianz X, Target Global, Piton Capital, and OpenOcean.
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