PayFit: Raises €254 million to strengthen its payroll solution for SMEs
- PayFit simplifies and automates payroll and HR processes for businesses of all sizes
- Raised €254 million (£216M) in a Series E funding round, a record-breaking amount for a French HR tech
- This round now makes us a unicorn with a valuation of €1.82 billion
- General Atlantic, a leading global growth equity firm, led the round, with participation from our existing investors Eurazeo
- The platform enables HR managers, finance managers, and business owners to easily conduct payroll calculations
- Marks General Atlantic’s seventh investment in France’s technology ecosystem over the last five years