Sloneek Secures €3.6M to Fuel HR Tech Expansion Across Europe

Czech-Slovak HR tech startup **Sloneek** has successfully raised €3.6 million in a late-seed funding round, which will accelerate its expansion into Western Europe. This investment marks the largest to date for Sloneek, a fast-growing B2B SaaS company focused on revolutionizing HR management for businesses of all sizes. The funding was led by **Purple Ventures II**, with participation from **Venture to Future Fund** and returning investor **Vision Ventures**. Sloneek had previously raised €1 million in 2022 from **Presto Ventures** and **Vision Ventures**, following an initial €350,000 from Vision Ventures in 2020.

Sloneek’s platform provides HR professionals and managers with data-driven tools to optimize talent development, employee efficiency, and motivation. The company is now experiencing more than triple annual growth and expects revenues in the high single-digit millions of euros by the end of the year. Sloneek has also doubled its client base, with a significant portion of new clients coming from outside the Czech Republic.

**Filip Lukac**, CEO of Sloneek, emphasized that the timing of the investment is crucial as companies prepare for a workforce increasingly dominated by Millennials and Gen Z. “Companies are getting ready for a new era,” Lukac said, “and the workforce shift presents opportunities for more efficient work but also risks if companies fail to adapt.” He added that the company’s mission is to help businesses navigate these changes and elevate people management to a new level. Lukac noted that Sloneek’s investors recognize the platform's potential to transform HR management, further evidenced by the company's rapid growth.

Sloneek plans to use the funds to enhance its technological offerings, including the development of a platform for **"people analytics"**—an advanced system for analyzing human potential. The company is also working on improving its reporting tools, which will not only benefit HR managers but also **CEOs** and **CFOs** who need deeper insights into workforce performance. Lukac expects these advancements to triple Sloneek’s revenue, further positioning it as a leader in HR automation and analysis. He also highlighted the potential for **AI** to become standard in HR, an industry still ripe with untapped possibilities.

Already operating in numerous international markets, Sloneek's client list includes high-profile companies like **Lindt**, **Volvo**, **Savills**, and **Panattoni**, as well as prominent Czech startups such as **Carvago** and **Kosik**. The company aims to use this latest investment to solidify its presence in Western Europe, with **Italy** as the first major target market. Lukac sees Italy as a fertile ground for expansion due to the country’s combination of talent shortages and a burgeoning startup ecosystem. The Italian government’s efforts to reverse the talent drain present Sloneek with an opportunity to help local companies optimize workforce management, and Lukac believes that success in Italy will pave the way for further Western European expansion.

The funding will also enable Sloneek to strengthen its AI-driven tools, which are designed to allow HR professionals to focus on **strategic people management** rather than administrative tasks. By automating routine tasks like **recruitment management**, **onboarding**, and **paperwork digitization**, Sloneek aims to enhance HR efficiency without replacing the human touch. Lukac clarified that Sloneek’s goal is not to replace HR professionals but to support them by eliminating mundane, repetitive tasks that are often prone to human error.

**Jan Davídek**, Partner at Purple Ventures, expressed confidence in Sloneek’s leadership and vision, noting that the company’s well-aligned team is poised to make AI a standard in the HR industry. **Premysl Rubes**, Managing Partner and Founder of Presto Ventures, echoed this sentiment, praising Sloneek's strong product and impressive growth trajectory. He highlighted the company’s ability to maintain low customer acquisition costs while achieving high client retention, a testament to the platform’s value in the growing **hybrid work model** landscape.

Sloneek's advanced features go beyond traditional HR platforms, offering strategic tools that allow businesses to gain valuable insights into individual and team performance. By leveraging data analytics, companies can easily identify underutilized talent, employees at risk of leaving, and areas of long-term inefficiency. These capabilities are particularly crucial as businesses face challenges like rising employee costs and demographic shifts. Sloneek’s solution is designed to help companies manage these transitions while ensuring that no human potential is lost.

As Sloneek continues to grow, its platform is positioned to become an integral part of the modern HR management stack, particularly for companies transitioning to new work models. With a clear focus on innovation and a strong commitment to empowering HR professionals, Sloneek is set to become a dominant player in the HR tech landscape, reshaping how businesses across the globe approach people management.