HeavenHR

Based in Berlin, Germany, HeavenHR provides a cloud-based human resource management platform tailored for small and medium-sized enterprises (SMEs). The company was established in 2015 with a mission to streamline and simplify administrative HR tasks. One of the founders and current Managing Director is Johannes Roggendorf, who has been instrumental in shaping the company's direction. Alexander Bertermann also serves as CEO and Managing Director.

HeavenHR has successfully secured approximately $18.1 million in total funding across several rounds. A significant Series A round in August 2016 raised over €6 million, led by Target Global and OpenOcean. This was followed by a larger Series B round of $11.4 million in December 2018, with Allianz X as the lead investor. These funding milestones have supported the company's technical development and expansion into markets including France, Austria, and Switzerland.

The company operates on a SaaS business model, generating revenue through subscriptions to its HR platform. While some core features like digital contracts and absence management were initially offered for free, the company monetizes premium services such as payroll, benefits management, and insurance services. Its pricing starts from approximately $6 per user per month, plus a one-time fee. HeavenHR's target market consists of SMEs across various industries that are looking to digitize their HR functions away from manual spreadsheets and outdated tools.

The platform consolidates disparate HR processes into a single, integrated solution. Key features include recruitment and applicant tracking, employee onboarding, a centralized digital employee database, time and attendance tracking, and comprehensive payroll management. The software automates payroll calculations, ensures tax compliance, and offers a certified reporting service for secure data exchange with social security providers. An Employee Self-Service (ESS) portal allows staff to manage their personal data, submit leave requests, and track working hours, which reduces the administrative workload on HR departments. The platform aims to provide transparency and control over all HR processes, from initial employee setup to final payroll processing.

Keywords: HR management, payroll automation, SaaS, SME solutions, human resources, time tracking, employee self-service, applicant tracking, benefits administration, HR tech