Exit for Tandemploy

The Berlin-based start-up becomes part of Phenom, a US-based HR technology company. The purchase price is not known.

The start-up Tandemploy becomes part of the HR company Phenom. The founding duo Jana Tepe and Anna Kaiser, as well as all 30 employees, will be acquired by Phenom. "The merger will enable Tandemploy to help shape the world of work on a global scale, leveraging the tremendous reach and functionality of Phenom's talent experience platform," Kaiser said, explaining the move. Both companies are focused on making the world of work more fulfilling and productive, he said.

Tepe and Kaiser founded the startup in 2013. The founders developed software to analyze skills-based data and use it to connect employees for work and learning opportunities. Companies such as the Lufthansa Group, Evonik Industries and EY (formerly Ernst & Young) are among its customers.

The company's concept also convinced Mahe Bayireddi, co-founder and CEO of Phenom. "Their pioneering role in Germany, their remarkable technology and their highly regarded corporate culture are a perfect fit for Phenom and will rapidly accelerate our growth in the EMEA economic region," said Bayireddi. With the acquisition, Phenom expands its European presence to include the Berlin location.