German HR and legaltech startup twinwin raises €285k
Berlin-based startup twinwin has raised a €285,000 Pre-seed investment and welcomed Florian Eismann, previously founder wefox and FRI:DAY, on the board. It already includes such SaaS experts and investors from Silicon Valley, as Charlie Songhurst, former Head of Corporate Strategy Microsoft, the early-stage VC Tiny, and legal-tech founders Benedikt M. Quarch and Torben Antretter from Rightnow, Patrick Andrä from HomeToGo, reports EU-Startups.
twinwin was established by the previous founders of HRtech Kenjo, which has secured funds this October, and insurtech WeFox Max Bauermeister and Eleni Arvaniti in 2020. The startup develops the HR and legaltech software that is aimed to help companies and employees with «separation management». Its SaaS tool provides tech-supported legal expertise within the employee separation process, as well as enables to calculate economic risks for employers in order to optimise the liquidity.
“As VP Legal and HR, I have often experienced that many companies avoid the taboo topic of separation. This leads to painful mishaps for both sides and sometimes to endless ‘war of roses’-like arguments, which neither party actually wanted and which costs not only nerves but above all a lot of money. In most cases, the issue is primarily up to the legal department, which hardly considers the central soft-skill factors. While the HR department often lacks the necessary legal know-how. Here, both aspects absolutely belong together for a clean separation that is gentle on both sides and which may even open up new shared prospects,” Arvaniti explained.