Business

Bridgepoint to Lead €200 Million Funding for HR Tech Startup Skello

Private equity firm Bridgepoint is poised to become the lead minority shareholder in Skello, injecting a majority share of a €200 million funding round into the French HR software company. The deal signals a significant push to scale the startup’s AI-driven management tools across the European market.

The investment flows through Bridgepoint Development Capital V, the same vehicle utilized for the firm's recent capital injection into French software provider Brevo. Under the terms of the agreement, Skello’s founders and management team will reinvest alongside existing stakeholders, with leadership aiming to bolster their equity position as part of the transaction.

Skello intends to deploy the fresh capital to solidify its dominant position in France while accelerating international expansion. Plans for the second half of 2026 include an aggressive hiring push, with a specific focus on integrating advanced artificial intelligence capabilities into their platform. This round marks a substantial jump from the company’s previous €40 million Series B raise in 2021, which was led by Partech with backing from XAnge and Aglae Ventures.

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