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German HR Tech Startup Ordio Secures €12M in Series A Funding for Payroll Automation

Andrew LeeAndrew Lee8h ago

German HR Tech Startup Ordio Secures €12M in Series A Funding for Payroll Automation

In a significant boost to the HR tech landscape, Cologne-based startup Ordio has raised €12 million in a Series A funding round. The investment, led by tech investor 3VC from Vienna, aims to revolutionize payroll processes for deskless industries such as hospitality, care, and retail.

Founded in 2021 by David Keuenhof and Georg Pilz, Ordio has developed a People Operating System tailored to address the operational challenges faced by deskless workers. The fresh capital will be used to launch Payroll Plus, a fully automated payroll solution designed to streamline financial operations in these sectors.

The funding round also saw participation from Swiss family office Wecken & Cie., alongside existing investors Capnamic and Simon Capital. This diverse backing highlights the growing confidence in Ordio’s mission to tackle inefficiencies in workforce management.

Deskless industries often grapple with what Ordio calls 'operational chaos,' stemming from manual payroll systems and fragmented HR processes. The startup’s innovative approach promises to automate these tasks, saving time and reducing errors for businesses.

With this investment, Ordio is poised to expand its reach and refine its technology, potentially setting a new standard for HR solutions in non-traditional work environments. The focus on automation could also pave the way for broader adoption across Europe.

As the HR tech sector continues to grow, Ordio’s success underscores the increasing demand for specialized tools that cater to unique industry needs. This funding marks a pivotal moment for the company and the future of deskless workforce management.

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