The investment will go into further developing the product and expanding the sales and customer success teams, and into speeding up the expansion on the enterprise segment in the US and Latin America markets. Until this investment round, the start-up had received a first funding of $170,000 when it carried out the Y Combinator (YC) program – an American technology startup accelerator and one of the world’s largest tech startup accelerators.
“Each employee has a unique potential. Our vision is to create a space in which each employee gets the right opportunity at the right time in order to continuously improve the skills that will help them to develop their professional career. We help organizations to significantly contribute to the development of each employee and to offer human resources (HR) leaders the ability to build agile HR strategies which go beyond the traditional job approach by putting skills at the forefront of the most important talent management processes”, said Bogdan Apostol, co-founder and CEO of Nestor.
The Nestor platform has a 98% adoption rate at organizational level, being chosen by HR managers and leaders of medium and large companies, including top companies on the Fortune 500 list in Europe, North America and Latin America.