Valencia-based Sesame, an AI-powered HRtech startup, has successfully secured €23 million in a funding round led by GP Bullhound, with participation from PSG. This investment will enable Sesame to expand its software capabilities, introduce new financial features, and accelerate its global reach.
The funding will empower Sesame to launch new features that facilitate and centralize various HR and financial tasks on a single platform, including expense tracking, payroll advances, and flexible compensation. This approach aims to provide an “all-in-one” solution for companies that currently use multiple tools for these functions.
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AI Integration and Market Growth
Albert Soriano, CEO of Sesame, highlights that the investment will also enhance the use of artificial intelligence within the company. The spanish firm plans to continue developing AI functionalities that strengthen tools like People Analytics, evaluations, recruitment, and internal communication. This advancement is intended to improve user experience and operational efficiency.
Strategic Expansion and Talent Investment
With this funding, Sesame is poised to consolidate its presence in Spain, strengthen its operations in Latin America, particularly in Mexico, and expand into other European markets. The company also plans to double its workforce within the next year, recruiting diverse talent including software developers, AI specialists, marketers, and sales professionals.
The startup aims to support professional growth, employee wellness, and the development of corporate culture through its comprehensive platform. Since its inception in 2015, the company has rapidly expanded, serving more than 8,000 clients globally and aiding over 300,000 users in crafting tailored work environments.
This strategic investment marks a significant step in the company’s growth, as it continues to innovate and expand its influence in the HRtech sector.
