Engagement — Platform Due Diligence
Code & Co. advises Kennet Partners on the investment in eloomi, a leading employee experience platform
Code & Co. advised Kennet Partners, a leading London- and Silicon Valley-based growth equity fund, on the Technology & Product Due Diligence of eloomi.
Eloomi is a high-growth SaaS learning management and people development platform providing learning and performance management in a modern, easy-to-use, cloud-based platform that connects to existing core ERP and HR systems. Employees and managers use it to organize training, compliance, coaching, performance reviews, surveys, and onboarding, all oriented around maximizing growth, engagement, and productivity.
Based in Copenhagen and London and founded in 2015, the company has more than 350 customers and half a million users, spread across the Nordics, UK, and other markets, mostly in Europe. Customers include anti-malware software provider Sophos and real estate chain Savills, office supplies distributor Lyreco and online retailer Harvey Norman.
Kennet Partners is a leading international growth equity firm that invests in companies in Europe and North America. Kennet Partners supports entrepreneurial technology businesses with expansion capital to accelerate growth and build exceptional shareholder value. Kennet Partners is an experienced investor with approximately €1 billion in cumulative funds under management.
This transaction further demonstrates Code & Co.’s experience as a market-leading technology and product advisor to international tier-1 funds in the alternative investment industry.