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The Investors Club invests in Jet HR

The startup that digitizes personnel management closes a pre-seed round of 4.7 million euros, the highest in the history of Italian startups.

Jet HR, a startup that focuses on simplifying the bureaucratic management of personnel in companies, has announced the closing of a €4.7 million pre-seed round. This is the highest pre-seeded round in the history of Italian startups in which some of the country's leading investors participated, including Exor Ventures, Italian Founders Fund, Club degli Investitori and various industry leaders such as Luca Ascani, founder of Lambda Alpha, Dario Brignone and Alberto Dalmasso, co-founders of Satispay, Max Ciociola, creator of Musixmatch, Luca Ferrari, mastermind of Bending Spoons, and Diego Piacentini, founder of View Different. Additional support came from prominent private investors in the international technology sector, such as David Clarke, former chief technology officer of Workday, and Joe Zadeh, former vice president of product at Airbnb.

The company, founded by Marco Ogliengo and Francesco Scalambrino, has developed a unified technology platform that offers a range of tools to manage companies' administrative activities. From payroll payments to contracting VAT-registered employees, Jet HR aims to make personnel management clearer and less burdensome for both SMEs and large companies with hundreds of employees.

In addition to payroll management, the platform offers tools for managing all phases of the employee work life cycle, from renting computers to booking medical appointments. Jet HR positions itself as a single solution for companies' administrative needs, also integrating a network of selected employment consultants to assist with more complex aspects such as welfare plans and legislative issues.

The startup targets not only companies but also employees. Through a dedicated app, employees can request leave, enter expense reports and manage other aspects of their work life.

"Jet HR is the solution I wanted when I started as an entrepreneur," said Ogliengo, CEO and co-founder of Jet HR. While for Scalambrino, another co-founder and head of the product, he added, "We want to bridge this gap for our Italian companies and automate activities that take up too much of the valuable time of resources that, by role and capacity, should be focused on strategic activities."

Guido Frascadore, transaction champion for Club degli Investitori, said "As an entrepreneur I have always found payroll management to be a non-transparent activity disconnected from business management. I am convinced that Jet HR has the potential to revolutionize the industry, making it easier and more efficient."

(Source: Club degli Investitori press release)

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Luca Coppolella
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