Osborne Clarke has advised the venture capital company Brandenburg Kapital GmbH on its participation in the Pre-Series A financing round for the HR tech start-up DearEmployee. 

Healthy and motivated employees are what every company wants – not only, but also because these are, among other things, the best prerequisites for high employee retention. But how can employers find out how their team is doing and whether corporate culture and employee measures are contributing to these goals? 

The HR tech start-up DearEmployee has developed a solution for this: A software that continuously analyses employee feedback and suggests suitable health and HR measures on this basis, which can then also be booked directly with third-party providers.
Founded in 2017 by Dr Amelie Wiedemann (Co-CEO), Daniel Fodor (Co-CEO) and Henning Jakob, more than 300 companies now use DearEmployee's offer; according to the start-up's own statements, the solution is said to reduce the risk of burnout by more than 30 per cent in the first year of cooperation. 

To further expand the functionality of the software solution in line with customer needs and to establish the processes and structures for further growth, including at the future location in Potsdam, DearEmployee has now concluded a pre-series A financing round. In addition to existing investors High-Tech Gründerfonds and IMPACT51, new investors Brandenburg Kapital, MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH and business angels from encourageventures as well as from the HR and healthcare sectors are also part of the round.

“The increasing demand for a software solution to reduce the mental stress of employees as well as the very good market positioning convinced us as an investor to support the further growth of the company and to participate in the company as part of the financing round,” says Sebastian Bertram, Senior Investment Manager at Brandenburg Kapital.

The team advising Brandenburg Kapital, led by Till-Manuel Saur, consisted of Philipp Niedermeyer (both Corporate/VC), Dr Lina Böcker, Philine Töpper (both IT), Kamissa Kruse, Susanna Lorenz, Karina Naumann (all Labour Law), Susanne Schricker (Antitrust Law) and Christian von Bühler (Data Protection).

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