March 14, 2022

Berlin’s Leapsome welcomes $60 million in first-ever funding round

Leapsome

Investment raised

USD 60M

Valuation

Stage

Region

🏆 Deal of the Week · CW 12/2022

Leapsome raised USD 60 million in a Series A round in March 2022; the post-money valuation was not disclosed. The round was co-led by Creandum and Insight Partners, with participation from Visionaries Club.

Leapsome — key deal facts

Company Leapsome
Founded 2016
Headquarters New York, USA (with offices in Berlin, Germany)
Amount raised USD 60M
Valuation Valuation Remains Undisclosed
Round Series A
Investors Creandum (https://www.creandum.com) Insight Partners (https://www.insightpartners.com) Visionaries Club (https://visionaries.vc)
Sectors Human Resources

Who invested in Leapsome?

The investor syndicate comprises Creandum, Insight Partners, and Visionaries Club. The combination is notable: Creandum brings European early-stage SaaS expertise, Insight Partners adds late-stage scaling capital and operational depth, and Visionaries Club contributes a Berlin-rooted enterprise technology network. Together they represent a transatlantic backer profile well matched to Leapsome's dual presence in New York and Berlin.

What does Leapsome do?

Leapsome is an AI-powered people enablement platform founded in 2016 by Jenny Podewils and Kajetan Armansperg. The platform consolidates HR workflows — including Goals and OKR management, performance reviews, employee engagement surveys, feedback and praise, and learning — into a single system. AI agents embedded in the platform automate administrative tasks and deliver personalised coaching to employees and managers. Headquartered in New York, with a significant office in Berlin, Leapsome serves more than 2,000 organisations globally.

Leapsome valuation & multiples

No valuation was disclosed for this round, so EV/Sales and EV/EBITDA multiples cannot be calculated from verified deal data. Sector benchmarks for HR Technology and People Management SaaS platforms provide the appropriate reference frame for contextualising this transaction. Explore current EV/Sales and EV/EBITDA ranges for the Human Resources software sector on the Venionaire DealMatrix sector multiples pages.

Explore the benchmarks: Series A.

Frequently asked questions

How much did Leapsome raise in its Series A?

Leapsome raised USD 60 million in its Series A round in March 2022.

What is Leapsome's valuation?

Leapsome's valuation was not disclosed as part of this funding announcement.

Who invested in Leapsome?

The round was co-led by Creandum and Insight Partners, with Visionaries Club also participating.

When was Leapsome founded and where is it based?

Leapsome was founded in 2016 and is headquartered in New York, USA, with an additional office in Berlin, Germany.

Source: original announcement — read the full report.

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