Zelt raises $3.5M to provide HR a single place to securely handle all worker operations

UK-based HR startup raises seed funding to make it simpler for startups and SMBs to handle HR, IT and monetary operations all through the worker lifecycle

LONDON, UK, THURSDAY 20TH JULY, 9:00AM: UK-based HR startup, Zelt right this moment introduced it has raised $3.5M in seed funding in a spherical co-led by Episode 1 Ventures and Village International, with participation from various high-profile angels together with Charlie Songhurst, Mandeep Singh, Felix Leuschner and Daniel Hegarty.

Launched final 12 months, Zelt supplies firms with a single system from which they will handle HR, IT and monetary operations throughout the worker lifecycle, enabling management groups to consolidate distributors and automate duties the place it considerations workers – throughout HR, payroll, onboarding, bills and extra.

“Till now, firms wanted to piece collectively various totally different instruments so as to run even fundamental folks operations, because of the restricted scope of the present instruments out there. This made it tough for firms to take a holistic method, to not point out facilitate automation and self-service choices.” commented Zelt Founder and CEO, Chris Priebe.

Research from each Ernst & Younger and CM have just lately proven that HR professionals spend 86% of their time on administrative work inside HR, whereas 85% of workers really feel that data on normal firm procedures will not be simply accessible.

Zelt’s intentionally holistic method permits fashionable employers to assist their workers inside one platform all through the complete worker lifecycle, offering all of the providers every particular person wants at each milestone. By consolidating applied sciences inside its platform, Zelt reduces the necessity for firms to go worker information from one system to a different, bettering general information safety and governance – a urgent concern of the Nationwide Cyber Safety Centre (NCSC) following various current high-profile incidents that uncovered tens of millions of delicate worker information.

Because it scales its providing for midmarket purchasers, Zelt already counts various quick rising tech startups and medium-sized companies amongst its increasing buyer base, a few of these purchasers embrace software program platforms One Buying and selling, Two Inc, Deblock, Mumsnet and One Dome.

“As quickly as we began utilizing Zelt’s product we obtained excited. Chris has flipped the traditional pondering on its head and prioritised the worker journey proper from the beginning. Zelt has labored out what providers each worker wants and places them on a timeline that makes probably the most sense for the person. Onboard in minutes with the proper system and payroll configuration, setup software program instruments and schedule workflows, after which add to that as the connection evolves.” commented Paul McNabb, accomplice at Episode 1 Ventures.

Utilizing automation and a self-service platform, Zelt goals to ease administrative workloads by merging the core elements of individuals operations right into a single system that’s built-in, automated and intuitive for workers to make use of.

“Within the US, lots of our portfolio firms have already changed their HRIS with a extra highly effective platform corresponding to Rippling, and seen instant buyer ROI. This development is now spreading throughout the globe, and Zelt is among the greatest merchandise we’ve seen available in the market. So we’re extraordinarily eager to assist Chris as he continues to additional enhance the product and scale internationally.” commented Anne Dwane, co-founder and accomplice at Village International, the enterprise agency backed by tech magnates like Invoice Gates, Jeff Bezos and Mark Zuckerberg.

Zelt, which was just lately nominated for person expertise and design awards, the Awwwards, will use its newest tranche of funding to extend its advertising effort, and fulfill the rising demand from more and more bigger, extra worldwide prospects.  

Press Contact

Identify: Megan Beaumont

E-mail: megan@mvpr.io

About Zelt

Zelt permits firms to effectively handle their workforce throughout the lifecycle. By bringing collectively HR, IT & Finance right into a single system, directors and line managers can now get a holistic view of their groups throughout the lifecycle, and people are capable of self-serve to a level that was not doable beforehand, due the built-in nature of the system. Zelt is targeted on constructing a platform able to lowering the time workers and employers spend managing a number of distributors and repeating guide duties related to folks operations actions.

About Episode 1 Ventures

Episode 1 is a founder-centric VC fund run by former entrepreneurs that make investments at pre-seed and seed. Being among the many earliest buyers in firms like Carwow, Robin.ai, Huboo, Sano Genetics, Raft.ai, Attest, Omnipresent and CloudNC, Episode 1 is constructing a tech-augmented fund utilizing the newest in AI to help their funding crew to find the subsequent era of outlier founders.