Sesame, a Spanish HRTech startup targeted on AI-powered expertise administration options, has secured as much as €50 million in progress funding by a novel monetary instrument developed in partnership with BBVA Spark.
Designed particularly for SaaS firms trying to scale internationally with out giving up fairness, this transfer marks a shift in how European tech startups can fund growth whereas sustaining full management.
“This instrument is an actual revolution for the European expertise ecosystem,” says Albert Soriano, CEO of Sesame. “It is going to enable us to scale internationally whereas persevering with to give attention to innovation in synthetic intelligence utilized to expertise administration.” (Translated)
Within the European HRTech and SaaS phase – significantly in AI-powered expertise and workforce administration – 2025 has introduced regular funding momentum throughout a number of markets.
Within the UK, Zelt raised €5.7 million to scale its all-in-one human capital administration platform. In Italy, Skillvue secured €5.5 million to advertise a skills-based strategy to recruitment and expertise administration. From Belgium, Shyfter raised €1.5 million to develop its workforce administration SaaS, whereas in France, Maki attracted €26 million to develop conversational AI brokers for HR workflows.
Inside Spain, Orbio raised €6.4 million for its AI-native human capital administration system – illustrating continued nationwide power in HRTech innovation. Germany’s Ordio added €12 million for payroll automation, and Czechia’s Talentiqa secured €1 million for its AI-powered hiring assistant.
Towards this backdrop, Sesame’s announcement of as much as €50 million in progress funding stands out each in scale and in monetary mannequin. Whereas most 2025 HRTech rounds have been equity-based and within the low-to-mid-million-euro vary, Sesame’s financing displays a extra mature part of growth, combining robust income traction with an alternate funding pathway that maintains founder possession.
Miguel Ángel Alcalá, Head of BBVA Spark in Europe, highlights: “Our price proposition is predicated on supporting high-growth firms which might be remodeling the economic system by expertise. We share a imaginative and prescient of sustainable progress with Sesame, related to knowledge and targeted on individuals.
Based in Valencia in 2015, Sesame has grown into one in every of Spain’s most distinguished HRTech gamers. The startup makes use of AI to automate administrative processes, enhance inside workflows, and ship an enhanced expertise for individuals groups and workers alike. Its platform is presently utilized by greater than 15,000 firms, producing over €20 million in annual recurring income.
The group behind Sesame is over 350-strong and operates from its headquarters within the innovation-focused La Marina district of Valencia. The startup has positioned itself as a frontrunner in Europe’s AI-powered HR panorama, demonstrating constant income traction and increasing international attain with out leaning on typical enterprise capital.
Not like conventional fairness or enterprise debt, the brand new product is structured round efficiency, scalability, and knowledge insights – providing a versatile, non-dilutive different for formidable tech companies.
For Sesame, the capital will go instantly towards buying new purchasers whereas additionally investing in continued innovation on its AI-driven platform.
“This operation demonstrates that one other method of financing progress is feasible. With this monetary instrument, Sesame will be capable of entry capital in an agile and environment friendly method, tailored to its tempo of worldwide progress,” added Alcalá. (Translated)
The funding permits Sesame to double down on product growth whereas advancing its worldwide progress agenda. The corporate has lately consolidated operations in Brazil and serves over 1,000 purchasers in Mexico. With this new capital, Sesame is strengthening its presence in Italy and Portugal and accelerating entry into key strategic markets like France and Germany.
This newest partnership with BBVA Spark factors to an rising development in European startup finance, the place different fashions are more and more favoured by Founders aiming to scale with out diluting possession or slowing down product evolution.
The BBVA Spark–Sesame initiative is an fascinating instance into how tech-native monetary instruments are beginning to reshape the trail to international growth for SaaS firms.
