• Zelt has raised $6m in a funding round led by Nauta, with participation from Venrex and existing investor Episode 1
• The company offers an all-in-one solution for people managers, bringing together HR, Finance and IT into one place
• This funding will be used to further build out the product and create a global leader in this category  

London, 30th January 2025 - Zelt, an all-in-one people operations software, has today announced it has successfully raised a $6m 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 Talkwaker 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%.

“2024 was an excellent year for Zelt as we launched our new Growth module, onboarded our first 1,000+ headcount organisation and closed a new round of funding that will enable us to invest even more into building the best product available in the market. We see a $50bn opportunity globally as organisations move away from legacy and point solutions, to a next-generation all-in-one platform. Alongside the capital, it's great to have such an experienced and well aligned investor like Nauta on board as a partner at this stage in our journey.” Chris Priebe, Founder and CEO at Zelt.

“By investing across B2B software, Nauta has a strong grasp on the variety of solutions in place across the enterprise landscape to pay, support and monitor employees. We have also seen how these solutions have evolved and grown over the last 20 years, to the point where enterprises can have hundreds of subscriptions and chaotic practices in place to satisfy the needs of the workforce. Zelt provides an answer to this problem, enabling a more modern approach to people operations and offering a seamless way to save time and money. Many mid-market companies are looking for all-in-one solutions now and we’re excited to watch Zelt go after this opportunity. The team has achieved some very impressive milestones already and Nauta is delighted to be backing them.” Carles Ferrer, General Partner at Nauta.

About Zelt
Zelt allows companies to efficiently manage their workforce across the lifecycle. By bringing together HR, Finance and IT into a single system, administrators and line managers can now get a holistic view of their teams across the lifecycle, and individuals are able to self-serve to a degree that was not possible previously, due the integrated nature of the system. Zelt is focused on building a platform capable of reducing the time employees and employers spend managing multiple vendors and repeating manual tasks associated with people operations activities. For more information about Zelt and its offerings, visit https://zelt.app

About Nauta
Nauta is a pan-European venture capital firm investing in early-stage B2B software companies with offices in London and Barcelona. With over half a billion assets under management and a team of 24 people, Nauta is one of Europe’s largest B2B focused VCs. As a sector-agnostic investor, Nauta’s main areas of interest include B2B SaaS solutions with strong network effects, vertically focused enterprise tech transforming large industries, as well as those leveraging deep-tech applications to solve challenges faced by large enterprises. Nauta has led investments in more than 80 companies including Brandwatch, Danelfin, Techspert, Holded, MishiPay, Wecover, AppFollow, ifeel and Cledara. Find out more at www.nautacapital.com