Reykjavík-founded HR technology company 50skills has raised $6 million in a funding round co-led by Frumtak Ventures, Swiss Post Ventures, Avant and US family office DRD Investments. The company develops an operating system for people workflows that combines automated processes, AI agents and human oversight, allowing HR teams to build and manage processes such as onboarding, contracts, employee requests, approvals and background checks across their existing systems. It offers two products, Hire, an applicant tracking system, and Journeys, an AI-powered platform for building and running people processes. 50skills will use the new funding to expand its sales, marketing and community teams while continuing to invest in its platform and AI...
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