Kenjo’s HR software achieves €5.1M to continue growing in the telecommuting era – Marketing 4 Ecommerce – Your online marketing magazine for e-commerce

He has been such that he has managed to change many of our daily activities, including our world of work. Yes teleworking was seen as the future of companiesnow, after the great impulse that has gained by the sanitary measures of social distancing, It has become one of the activities that, one way or another, will stay forever.

Under this new labor scenario arises Kenjōwhich seeks to help small and medium-sized companies to implement teleworking in the world that we will know post-Covid-19.

This new company based in Berlin and Madrid has raised the biggest seed round in HR Tech in 2020 after successfully reaching the €5.1 million. The round has been led by Redalpine, a Swiss fund that has among its investees the German bank N26 or Bnext, another newly created bank of Spanish origin. Investors include Julian Teicke, CEO and founder of the Wefox Group, and Maximilian Thayenthal, founder of N26.

This round joins the closed one in May 2020 worth €1.7 million.

David Padilla, CEO and founder of Kenjo, explained: “The investment is a clear validation of our value proposition and business model. The vast majority of HR software providers. H H. they are just rebuilding old systems with new technologies, reinforcing traditional practices. This is not feasible to manage a modern workforce that is drastically changing in terms of demographics, motivations and needs.”

“Covid-19 has popularized remote work, which has created new problems around issues such as employee engagement and satisfaction, communication, corporate culture and performance. Although in reality it has only intensified a latent demand from professionals: the need for more flexible work patterns”.

“On top of all this, today’s employees are also more interested in personal and professional development than status and salary. We built Kenjo by putting the employee experience at the heart of our product.”Padilla added.

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The software that presents a new personnel management model

According to the company, Kenjo’s technology has been designed with millennial workers in mind, as traditional HR software vendors often forget the flexibility of a workforce that is constantly changing.

David Padilla, CEO of Kenjo assured that “Thanks to our platform, companies simplify and optimize their human resources management by offering assistance and performance monitoring, setting goals and workflows that have the power to accelerate access to innovation and digital transformation”.

On its platform, human resources can be managed comprehensively, since it allows remote work teams to be formed, and teleworkers to remain connected with their organizations.

In addition to that it is also possible carry out practical control over the personal and professional development of the worker, no matter where you are in the world: an all-in-one platform to manage employees whether they work in the office or from home.

We know that there is an emerging generation of professionals who demand to work with flexibility and this will be the new paradigm in the future of business. With that, we noted early on that if companies don’t prepare for the change in employee work patterns, they will suffer the consequences of not adapting at the right pace.”Padilla said.

Kenjo helps accelerate the implementation of teleworking in SMEs

According to the data presented by the SMEs represent the majority of companies worldwide, being important contributors to job creation as well as to global economic development: They represent around 90% of the business fabric and more than 50% of employment worldwide.

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These figures represent an opportunity for companies like Kenjo, which manage to help SMEs in their transformation in employee management.

Julian TeickeCEO of Wefox Group and one of Kenjo’s investors stated that “We are witnessing unprecedented change around the world as business and society are severely impacted by the spread of the coronavirus, for which many organizations were simply not prepared.”

Even before the coronavirus hit, we knew the future of business would change as more people demanded to work remotely. Furthermore, with the new generations growing up with technology at their fingertips, it seemed logical that this evolution was happening, however, the coronavirus has forced this change almost overnightTeicke concluded.

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