Allygatr invests in Candoora
The HR tech VC invests an undisclosed amount in the start-up founded in 2022.
The venture capitalist Allygatr, which specializes in HR tech, is investing an undisclosed amount in the start-up Candoora, which was only founded in 2022. The start-up wants to create a tool that improves collaboration within companies. To this end, Candoora wants to offer data-driven coaching for teams and managers.
"I have worked as a manager and among managers myself," says founder and CEO Tom Krause. "I experienced the same problems time and time again and sometimes caused them myself." Krause previously worked at Delivery Hero, among others. With Candoora's Web3 platform, he now wants to create a tool that uses targeted coaching to strengthen the management skills of managers so that they can motivate their team to drive the success of the company out of their own interest.
This is the 13th start-up in Allygatr's portfolio. Benjamin Visser, CEO and founder of the Berlin-based venture capitalist for HR tech, is particularly impressed by the software developed by Tom Krause. "The human element makes Candoora a unique and effective leadership tool that will strengthen any team," he says.
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