Lucca

While there's always been a market for this kind of product, HR tech has really exploded in the past few years. Several younger firms have been making big waves in the space, such as Omnipresent and Staffbase which both received outsized funding in 2022. This is perhaps why Lucca sought investor funding after being bootstrapped for twenty years, closing a major funding round to fuel its expansion across France and beyond.

With a customer base of over 6,000 companies - which includes Accor, Deezer and Rip Curl - and rapid annual revenue growth at more than 40% per year, Lucca is well positioned to take advantage of the HR tech boom. The company has big plans - it aims to use its funding and revenue to scale its operations, aiming to hire 400 more employees and reach revenues of over €100 million per year by 2025. To do this it is taking aim at not just the French business sector but beyond, beginning with Spain and Switzerland as well as growing its customer base of international enterprises.