Kombo raises €21.2M round
The funding will be used to accelerate the company's goal of becoming the backbone of the workforce industry, expanding across HR and payroll systems, and scaling the team in Berlin and New York.
“The new funding will accelerate our ambitions to become the backbone of the workforce industry. We’ll go deeper across Talent Acquisition, HR, Payroll and IT systems, scale our team across New York and Berlin, keep investing in enterprise-grade reliability and security, and set the standard for agent-ready people data”
Investors
Competitive Landscape
Direct competitors: Merge (Series B, $75M raised, broad category coverage across HR, CRM, and Accounting), Finch (Series B, $68M raised, specializes in payroll and benefits data), and Knit API (Seed, emphasizes real-time data sync). Legacy incumbents: Siloed HRIS/HCM providers such as Workday, SAP, and ADP that have traditionally maintained closed ecosystems. Market context: A rapidly expanding category for Unified APIs driven by the proliferation of specialized HR tools and the increasing demand for interoperable workforce data to power AI-driven automation.
About Volition Capital
Notable portfolio companies: Chewy (pet e-commerce, IPO/exit), JazzHR (recruiting software, acquired), Black Kite (cybersecurity risk monitoring), Creatio (no-code CRM and process automation), US Mobile (consumer telecommunications), and Assent (supply chain compliance).