What is an HRMS? - testd

1. Date, place of foundation, names of founders.

Founded:2019Location:Ukraine (originally Kyiv); now operates from:

• Kyiv, Ukraine (headquarters)
• London, United Kingdom
• Warsaw, Poland

Founders:

• Andrew Cetinic- Founder & CEO

Origin Story:

Started in 2019 as an outsourcing company. The founder and COO built an internal HRM platform to address their own HR inefficiencies, then realized that other businesses faced the same challenges and pivoted to launch it as a product company.

1. Details about the company’s name, including rebrand.

No rebrand, for now.PeopleForceis the original company name.

1. History of the company. Only major events (always with dates).

• 2019– Founded by Andrew Cetinic
• 2019-2020– Pivoted to building their own HRM platform after experiencing HR process inefficiencies
• September 2021– Seed funding from Sturgeon Capital and Concept Ventures
• May 2022– First investment from Pracuj Ventures, becoming the first Ukrainian project in their portfolio
• August 2022– Mykola Mykhaylov (ex-CEO of robota.ua, ex-Investment Director at Pracuj Ventures) joined as VP of Growth
• 2022– Selected among top 100 world's best startups at Web Summit 2022
• March 2022– Received funding from Google for Startups Ukraine Support Fund
• 2023– Selected among top 10 Ukrainian startups for TechCrunch Disrupt 2023
• February 2024– Raised $2 million in seed funding (follow-on round) led by Pracuj Ventures
• April 2025– Raised $5.38 million in Pre-Series A round co-led by Pracuj Ventures and u.ventures, with participation from Dnipro VC and Sturgeon Capital

1. Activities (the essence of work, projects, pro

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