Munich Unicorns

There a quite a few unicorns frolicking about in the Munich startup scene these days, companies that have a valuation of more than one billion dollars. Munich is also home to Germany’s first ‘decacorn.’

Regina Bruckschlögl 9. December 2021 3 Min. Lesezeit

Personio: The Munich HR startup Personio raised more than 103 million euros early this year. With the new funding round, the valuation of the Munich startup increased to more than 1 billion dollars, putting them in the unicorn realm. The funding round in January 2021 was followed by a successful Series E round in October with an additional 233 million euros. According to Munich Startup Insights, the company’s current valuation is 5.7 billion euros, making Personio Munich’s second most valuable startup after Celonis. (Photo: Personio)

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