Zelt, an all-in-one people operations software, has today announced it has successfully raised a £5m funding round led by Nauta, with participation from Venrex and Episode 1. With Zelt, organisations can manage their whole workforce across the employee lifecycle in a single system, enabling them to simplify and automate people processes across HR, Finance and IT functions. This funding round will enable the company to expand its product set to include more areas of operations, expand to new geographies and add new and improved features to support customers.
Software solutions have changed the way we interact with the workplace. By digitising company operations, businesses can run more efficiently and improve the employee experience, in theory. But the emergence of affordable cloud software has led to the development of countless point solutions in areas like onboarding, payroll, holidays, benefits and performance management. The result is a maze of tools and subscriptions organisations need to navigate which makes it challenging to manage data, processes and reporting. Zelt brings all the best features together into a single tool for midmarket businesses to centralise and modernise their people operations. Built on top of a scalable underlying employee database, customers are able to stack together a range of modules to the platform, which natively integrate with each other, enabling them to build out workflows and automate manual processes such as employee onboarding or payroll.
Zelt was founded in 2020 by Chris Priebe, a former VC and PE investor with experience in HR tech, and Polina Vorms, former product lead at Talkwalker and GfK. The platform is trusted by over 150 customers including Shakespeare’s Globe, Club L and Mumsnet. Through its core offering, Zelt’s customers can manage diverse areas of people ops such as payroll, expenses, device security, goal tracking and holiday bookings. With automation and employee self-service at its core, Zelt reduces the administrative burden for employers and managers. Alongside time savings, Zelt’s customers can reduce their related software spend by up to 50%.
