Allygatr invests in Candoora

The HR tech VC joins the 2022-founded startup with an undisclosed amount.
Venture capitalist Allygatr, which specializes in HR tech, is investing an undisclosed amount in Candoora, a startup founded as recently as 2022. The startup wants to create a tool that improves collaboration within companies. To do so, Candoora wants to offer data-driven coaching for teams and leaders.
"I've worked as a leader and among leaders myself," says founder and CEO Tom Krause. "Time and time again, I've experienced the same problems and sometimes caused them myself." Krause previously worked at Delivery Hero, among other companies. With Candoora's Web3 platform, he now wants to create a tool that uses targeted coaching to strengthen leaders' management skills so they can motivate their team to drive the company's success out of their own self-interest.
For Allygatr, it is the 13th start-up in its portfolio. Benjamin Visser, CEO and founder of the Berlin-based venture capitalist for HR tech, is particularly impressed by the software Tom Krause has developed. "The human component makes Candoora a unique and effective leadership tool that will strengthen any team," he says.

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