Whoz, a Paris, France-based SaaS solution delivering smart staffing and talent and project portfolio management for professional services companies and IT departments of large companies, announced that it raised €25 million in funding.
The round was led by PSG Equity (“PSG”), a growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth and build scale across Europe and the US.
With the strategic, operational, and financial support of PSG Equity, Whoz intends to capitalize on the growing digitization opportunities in the professional services sector to strengthen its leadership position in France and establish itself as a European and international leader in digital staffing and project portfolio management
Company: Whoz
Raised: €25.0M
Round: Private Equity
Funding Month: May 2022
Lead Investors: PSG Equity
Additional Investors:
Company Website: https://www.whoz.com/
Software Category: AI-driven talent and project management solutions
About the Company: Founded in 2016 by experienced consulting and IT professionals, Whoz has established itself as a leader in the digitization of Talent and Staffing Management for professional services companies (IT services companies, consulting and auditing firms, and engineering firms of all sizes) and IT departments for large companies, with more than 30,000 active users across more than 50 countries. It has optimized 55,000 missions representing total revenues of €2 billion. With its Talent Cloud AI platform, Whoz maps a wide range of internal skills and talent available to service companies to efficiently allocate resources to meet the client’s needs. This gives companies in real-time an overview of their available talent pool to meet the market’s needs rapidly and effectively, thereby optimizing their business, supporting their growth, and unlocking their talent.
Source: https://www.whoz.com/static/a8bfcd36-whoz-pr-e30m-fundraising-20220512.pdf