- The funding will enable new financial features and boost the platform’s operations in Latin America and Europe.
- Over 8,000 clients worldwide use Sesame’s platform to manage employee experiences and HR tasks.
Sesame, a prominent Spanish HR software developer, has successfully raised €23 million in a new funding round led by British fund GP Bullhound, with participation from existing investor PSG. This investment reaffirms Sesame’s position as a leader in the HR sector and marks a significant step in its global expansion strategy, particularly into Latin American and European markets.
The company plans to use this capital to introduce new functionalities to its platform, such as expense control, payroll advances, and flexible compensation, further establishing itself as a comprehensive HR management solution. These additions are aimed at enhancing the user experience by integrating various HR and financial management tools into a single platform.
Albert Soriano, CEO of Sesame, highlights the company’s commitment to innovation: “We’re doubling down on using AI to not just enhance our external offerings but also improve our internal efficiency.” He notes the advanced digital maturity in Spain, where companies increasingly demand integrated solutions that centralize their HR functions. Sesame’s platform, which currently serves over 300,000 users, enables businesses to streamline routine HR processes while leveraging AI for deeper employee insights and personalized work experiences.
The investment will also support Sesame’s ongoing efforts to attract top talent and continue its growth trajectory in key markets. With a strong presence already established in Mexico since 2023, the company looks to further solidify and expand its footprint across Latin America and Europe. Per Roman, founder and managing partner of GP Bullhound, expressed enthusiasm for Sesame’s potential to transform how companies worldwide interact with their employees, emphasizing the strategic importance of AI in driving software innovation in the HR sector.
