About VEDA
VEDA is a Technology company based in Alsdorf (Germany) founded in 1977, and was acquired by Investcorp in January 2024. Integrated HRMS solutions are offered for talent and payroll management. It operates on a SaaS (Software-as-a-Service) and Managed Services model. The company has 133 employees. VEDA has completed 1 acquisition, including blink.it. Its website veda.net draws about 165 thousand monthly visits. VEDA offers products and services including VEDA Horizon People Management, VEDA Horizon Payroll, and VEDA Payroll Service. Its focus areas include Software and HR Technology. Its legal entity is VEDA GmbH.
Company details
VEDA GmbH is engaged in delivering innovative HR cloud solutions through platforms like VEDA Horizon, covering people management, payroll, time tracking, and security. Services such as payroll outsourcing, consulting, and managed services are offered to streamline HR processes. The company operates in the HR technology sector, supporting over 1200 enterprises with digital tools to minimize administrative burdens and foster employee development. Solutions are designed to be flexible and scalable, addressing modern HR challenges with a focus on automation and digitalization.
- Headquarters Alsdorf, Germany
- Employees 133
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website veda.net
- Social LinkedIn X Facebook
- Acquired by Investcorp (Jan 2024)
- Legal Name Veda Gmbh
- Latest Funding Round$18.44M (USD), Debt – Conventional
May 2024
- InvestorsCanadian Imperial Bank of Commerce
& 1 more
- Employee Count133
- Investments & Acquisitions
- Acquired byInvestcorp
(Jan 2024)
Products & Services of VEDA
VEDA offers a comprehensive portfolio of products and services, including VEDA Horizon People Management, VEDA Horizon Payroll, and VEDA Payroll Service.
Modern HR management software simplifying personnel administration tasks.
Payroll solution navigating complex compensation and wage issues.
Outsourcing service freeing time for core HR activities.
Funding Insights of VEDA
- Total Rounds 1
- Last Round Debt – Conventional — $18.44M
- First Round $18.44M
(May 2024)
- Investors Count 1
All 1 funding rounds of VEDA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $18.44M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in VEDA
VEDA has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce and Investcorp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity, real estate, and credit investments are managed globally. | investcorp.com | New York, United States | ||
Commercial banking services are provided to individuals and businesses. | 1867 | cibc.com | Toronto, Canada |
Investor details for VEDA
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of VEDA
12 people are tracked at VEDA (6 in leadership, 6 in team); the tracked headcount is 133.
| Name | Role | Group |
|---|---|---|
Dr. Ralf Graessler | CEO | Leadership |
Alexander Poensgen | CTO | Leadership |
Fabian Pelzer | Head Of Recruiting | Leadership |
Alexander Kern | Chief Operating Officer | Leadership |
Raphaele Rose | Head Of Sales & Marketing | Leadership |
Britta Redmann | Syndikusrechtsanwältin, Director Corporate Development & HR | Leadership |
Tobias Borchert | Team Lead Customer Experience & Communication | Team |
Wiebke Lehmann | Customer Experience & CRM Managerin | Team |
Jan Poppenburg | Team Lead - Contract Management / Sales & Marketing | Team |
Melissa Bohnhof | Team Assistant Contract Management | Team |
Julia Haubrich | Sales & Marketing | Team |
Katharina Pöschl | Marketingmanager | Team |
Complete people profiles for VEDA
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by VEDA
VEDA has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include blink.it.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
An online training management system is provided for coaches. | blink.it | Darmstadt, Germany | 2015 | Jan 2025 | •••• |
Complete acquisition details for VEDA
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of VEDA
4 dated milestones of VEDA across 48 years, from founding to its latest funding, stage changes and deals.
- Founded VEDA is founded.
- Exit Acquired by Investcorp.
- Funding First funding round of $18.4M.
- Acquisition Acquires blink.it.
Web traffic of VEDA
The website of VEDA (veda.net) receives about 165.4K visits a month.
- Monthly visits165.4K
▲ 25.6% vs previous month
Websites whose visitors overlap most with VEDA. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kick.com | 100% | 180M | #257 | View details | |
link.me | link.me | 96% | #444 | – | |
| heise.de | 87% | #4,295 | View details | ||
| reddit.com | 81% | 4.4B | #9 | View details | |
golem.de | golem.de | 80% | #7,951 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for VEDA
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- 21 similar websites
- Audience overlap
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Related news about Veda
Complete news archive for VEDA
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Frequently Asked Questions about VEDA
VEDA was founded in 1977 and raised its 1st funding round 47 years after it was founded.
VEDA is headquartered in Alsdorf, Germany. It is registered at Alsdorf, North Rhine-westphalia, Germany.
VEDA has 133 employees.
VEDA GmbH is engaged in delivering innovative HR cloud solutions through platforms like VEDA Horizon, covering people management, payroll, time tracking, and security. Services such as payroll outsourcing, consulting, and managed services are offered to streamline HR processes. The company operates in the HR technology sector, supporting over 1200 enterprises with digital tools to minimize administrative burdens and foster employee development. Solutions are designed to be flexible and scalable, addressing modern HR challenges with a focus on automation and digitalization.
VEDA offers VEDA Horizon People Management, VEDA Horizon Payroll, and VEDA Payroll Service.
VEDA has made 1 acquisition, including blink.it.
VEDA has 2 investors. Key investors include Canadian Imperial Bank of Commerce, and Investcorp.
VEDA operates through Veda Gmbh.
Yes. VEDA was acquired by Investcorp in January 2024.
The website of VEDA receives about 165 thousand visits a month.