“The commitment and long track record in fundraising transactions has been key in the success of our financing process.”
Crunchr envisages to continue growing strong through this investment by Randstad Innovation Fund.
About Focus Orange and Crunchr. Focus Orange and Crunchr (www.crunchrapps.com), both based in Amsterdam, are specialised in innovative Human Capital Management. The company developed Crunchr, a SaaS-based HR reporting and analytics platform. With Randstad Holding, Arcadis and Deloitte as launching customers, Crunchr provides insight in organisation analytics, strategic workforce planning, succession management, and talent management and employee preferences. Each solution can be purchased separately or as part of the integrated Crunchr platform. Crunchr complies with the international standards on data privacy and integrity, and is implemented within weeks without business disruption. Crunchr was recognized by Gartner as ‘Cool Vendor in Human Capital Management 2015’.
With the help of this new investment Randstad Innovation Fund (RIF) www.randstad.com/innovationfund Focus Orange can grow faster. RIF invests in companies that are considered frontrunners of technology and transforming the talent acquisition and workforce management industry and hence encourage external innovation within the Randstad Group.
“We are at the forefront of HR data analytics,” says Dirk Jonker, founding partner of Focus Orange and Chief Technology Officer at Crunchr. “We are thrilled to have the financial support of Randstad Innovation Fund to accelerate development of our custom modelling solution Crunchr Next, and to scale up deployment in Western Europe and the United States.”
Highlights of the transaction
- Crunchr, a developer of SaaS-based HR-reporting and analytics platform, has raised new growth capital from Randstad Innovation Fund (RIF)
- YES Corporate Finance successfully advised Focus Orange / Crunchr in this funding round
Camiel Selker, Managing Director and co-founder of Focus Orange / Crunchr: “The commitment and long track record in fundraising transactions has been key in the success of our funding round.”
Role of YES Corporate Finance
YES has successfully advised Focus Orange / Crunchr to find new growth capital. We supported Crunchr throughout several important aspects of the transaction. Including development of the business case, valuation and documentation.
Focus Orange / Crunchr successfully completed this transaction on 15 January, 2016.
View all transactionsMore information:
Arjan Boonekamp
Partner
06 8127 1573
boonekamp@yescf.nl
