Pre-seed financing round for WAY with 1.2 million euros
Oversubscription of financing round: WAY receives 140 percent more than planned. Allygatr strengthens position in HR tech sector with investment.
Berlin, February 21, 2024 - In a pre-seed financing round, the Berlin-based startup WAY has raised 1.2 million euros, which corresponds to an oversubscription of 140 percent compared to the original target amount of 500,000 euros. The funding will enable WAY to expand its IT platform and further develop its service.
The round was led by various investors, including the Belgian VC fund Pitchdrive, IBB Ventures, FvS Investments and allygatr. Well-known angel investors such as David Padilla (CEO of Kenjo), Comatch founders Jan Schächtele and Christoph Hardt, as well as Joblift CTO Denis Bauer and Circus Kitchen CTO Helge Plehn also participated.
WAY is a strong addition to our HR tech portfolio. A clever solution that we use ourselves in our company.
Benjamin Visser, founder and CEO of allygatr
The oversubscribed financing round indicates significant interest in WAY, both from investors and the industry. Benjamin Visser, founder and CEO of allygatr, emphasizes the role of WAY as a strong addition to their HR tech portfolio. The development underlines the relevance of innovative technology solutions in the field of human resources. We already reported on allygatr's first investment in WAY last December.
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