HRworks is a leading integrated Software-as-a-Service (SaaS) HR software provider serving small and medium-sized companies in the DACH region. The company focuses on business-critical HR functions, including time management, travel expenses, personnel management, recruiting and corporate benefits. For over 20 years, HRworks has delivered uninterrupted profitable growth leading to over 200,000 users and 1,700 customers. The company is running a highly scalable technology platform with offices across several locations in Germany.
Industry: HR Software
Status: Current majority ownership, Co-investment
Investment Date: 2020
Fund: Maguar Fund 1