What is New Work SE?
New Work SE is a prominent entity dedicated to advancing the future of work, emphasizing both individual fulfillment and corporate success. Operating primarily in German-speaking regions, the company leverages its distinct brands—XING, kununu, and onlyfy—to serve as a crucial recruiting partner. XING functions as a professional networking and jobs platform, while kununu provides a comprehensive employer review site. Through these platforms, New Work SE facilitates connections between talent and companies, aiming to cultivate more satisfying work experiences and foster overall corporate achievement.
How much funding has New Work SE raised?
New Work SE has raised a total of $9M across 2 funding rounds:
Series A
$6.7M
Series B
$2.3M
Series A (2005): $6.7M with participation from Wellington Partners
Series B (2020): $2.3M, investors not publicly disclosed
Key Investors in New Work SE
Wellington Partners
Wellington Partners is a leading European venture capital firm that invests in early- and growth-stage life science companies across various sectors, including therapeutics, medical devices, diagnostics, digital health, and industrial biotechnology. Since its inception in 1998, the firm has supported outstanding entrepreneurs in transforming their innovative ideas into successful businesses. With a highly experienced team and a diversified portfolio, Wellington Partners aims to unlock the potential of breakthrough technologies in the health sector. The firm primarily targets life science entrepreneurs from Germany, Europe, and beyond, helping them become global leaders in their fields.
What's next for New Work SE?
The substantial enterprise-level funding indicates New Work SE is in a mature growth phase, likely focusing on scaling its operations, expanding its market reach, and further developing its suite of HR technology solutions. This strategic investment is expected to fuel innovation in its recruitment and employee engagement platforms, reinforcing its competitive edge in the evolving landscape of work.
See full New Work SE company page
