Great Hill Partners, a private equity firm that invests in high-growth, disruptive businesses, has made an investment in Eloomi A/S, a global cloud-based people development software company. Eloomi offers a corporate learning and performance management software that enables HR directors to distribute training content to internal and external users while monitoring their progress.
“In just a few years, eloomi has shown how a quality product and skilled leadership team can build a market-leading business,” said Chris Busby, partner at Great Hill Partners. “The Company has differentiated itself from others in their space and we look forward to partnering with Claus and the entire team to help eloomi scale to its next level of growth, particularly in the U.S. market.”
Claus Johansen, founder and CEO of Eloomi, stated, “We have succeeded in positioning eloomi for success in a highly competitive market where our solutions deliver immediate value for our customers. We have a strong product that is user-friendly and solves the challenges of many businesses seeking to acquire, develop, and retain their employees. Through upskilling and development of their people, our customers achieve substantial benefits with eloomi, such as increased motivation, engagement, and productivity, often resulting in increased employee retention rates. Great Hill has an established and proven track record of partnering with companies like ours, specifically within the HR software space, and we’re pleased to have them as strategic investors to support our continued growth.”
Great Hill Partners joins the group of existing investors in eloomi, including Claus Johansen, Kennet Partners, and VF Ventures.
Nielsen Nørager served as legal counsel to Eloomi, and Kirkland & Ellis LLP and Moalem Weitemeyer served as joint legal counsel to Great Hill Partners.