Studitemps receives over nine million euros

The HR company from Cologne has received a capital increase from existing investors and is raising 9.2 million euros. The money will be used to expand its range of services.

Have a job spontaneously for a month or commit for six months? The HR start-up Studitemps helps people find jobs flexibly. The Cologne-based company is now receiving a capital increase of 9.2 million euros. Investors include Iris Capital, HV Capital and Xange. The money will be used to further automate Studitemps' processes. For example, there will be AI-supported job matching.

In 2020, Studitemps achieved an increase in turnover of 20 percent to 94.7 million euros: "2020 has shown more clearly than ever before how important the student workforce is," says Managing Director Eckhard Köhn. "The capital increase gives us the opportunity to further expand our tech solution." Because: "The aim is for students to be able to secure a job via app as easily and quickly as they order food online."

Studietemps provides students and young people with jobs that they can choose according to their availability, interests and location. Founded in 2008, Grown-up is represented at 24 locations in Germany with 300 employees.