EU-Startups has discovered that Orbio, a startup out of Madrid innovating HR by means of AI, has raised €6.4 million to speed up the rollout of the “world’s first AI-native human capital administration (HCM) system“.
The newest spherical was led by Visionaries Membership, who doubled down after investing in an earlier spherical, with further participation from Plus Companions, Enzo Ventures and 2100 Ventures.
“We’re proud to have constructed the primary AI-native system that brings automation, intelligence and pace to HR in a method the trade has by no means seen earlier than,”stated Sergi Bastardas, Orbio’s CEO and Co-founder. “Corporations as we speak take months to rent, lose their greatest candidates as a result of they’ll’t transfer quick sufficient, and waste large quantities of time on duties that add no worth. Orbio adjustments that fully.”
Orbio’s platform integrates autonomous, conversational brokers that function across the clock to handle your complete worker lifecycle – from recruitment and onboarding to improvement and retention. By automating processes that sometimes overwhelm HR departments, Orbio permits groups to shift their focus from administration to turning into true strategic companions and progress levers inside organisations.
Since launching solely three months in the past by Sergi Bastardas (CEO, former Founding father of Colvin), Nacho Travesí (CRO, former Co-founder of Cobee (with profitable exit)) and Antonio Melé (CTO, Founder and former CTO of Nucoro), Orbio has already managed greater than 60,000 candidate interviews for main employers together with AT&T, Vicio, Trustworthy Greens, and Verisure.
Clients have reported:
- 80% quicker hiring cycles, enabling them to safe expertise forward of opponents.
- As much as 20% discount in early turnover inside the first 20 days.
- 99% candidate satisfaction throughout the interview course of.
“These outcomes affirm what we imagine: Orbio’s AI-native strategy has the potential to essentially redefine HR,” Bastardas added. “By combining pace, precision and data-driven choices, we’re constructing the strategic associate that corporations want to draw, develop and retain expertise at scale.”
The brand new funding will speed up Orbio’s product improvement, business progress, and world enlargement. The corporate plans to develop into new European and Latin American markets, whereas deepening its footprint in current the place they function together with Spain, Portugal, Mexico, the UK, Italy and the US.
Orbio can even develop its workforce with AI specialists and construct out an advisory board to assist its worldwide progress.
Orbio’s funding follows intently on the heels of deskbird’s €19 million spherical for its office administration platform, as reported by EU-Startups. Taken collectively, the 2 bulletins spotlight continued investor curiosity in HR and workplace-related software program in Europe, with options spanning from hybrid work coordination to AI-driven human capital administration.
Orbio’s spherical provides to a sequence of notable HR and workplace-related investments throughout Europe this yr. Most lately (as in yesterday), deskbird secured €19 million for its office administration platform. Earlier within the yr, Skillvue raised €5.5 million to assist skills-based hiring, Shyfter collected €1.5 million to develop its shift-scheduling answer, and Shakers attracted €14 million for its AI-driven expertise matching platform.
Bigger gamers have additionally drawn capital, with Factorial extending its unicorn standing by means of an extra €110 million elevate. Collectively, these bulletins level to sustained investor urge for food for software program that addresses totally different levels of the worker lifecycle, from recruitment and scheduling to advantages and retention.
Isabella Yamamoto, investor at Visionaries Membership stated: “HR has lengthy been outlined by scattered level options that fail to ship throughout the total workflow and really excessive back-office burden. We noticed that CHROs had been asking for a next- technology HCM system that removes the necessity to change between instruments, seize information and really automate work. Orbio is tackling that, beginning with hiring. Due to the workforce’s deep HR experience, they’ve already reached some extent, simply 4 months in, the place they’re working with a number of the world’s largest enterprises.”
Orbio is backed by a board of enterprise angels and advisors throughout key markets. This contains consultants within the HRTech area like Phil Chambers (former COO of Workday and Founding father of Peakon), Borja Aranguren (Founding father of Cobee) and Carlos Fernández Elviro (former COO JobandTalent / present COO Docplanner), Thiago Pessoa (Founding Crew of Wellhub).
