Palm (Future 40) raises €2M to transform talent management and retention with AI

Selected to be part of STATION F’s Future 40 in 2022, Palm just announced a €2M raise with Kima Ventures, STATION F, the sovereign fund of Morocco 212 by CDG Invest, Bpifrance, and Business Angels.

Created in 2021 and part of 212 Founders program at STATION F, the company helps companies to face all the transformations in working habits and to develop and retain their talents, wherever they are in the world. Palm developed a skills and careers management platform powered by AI, allowing companies to map the skills of each employee, anticipate their training needs and engage them in personalized career paths based on their skills, aspirations and performance.

The solution is already used by 40.000 talents from several companies and schools. After 3 years of self-financed R&D, this fundraising round will help Palm to finance its ambition to become a national leader in the worktech domain before expanding to the European market in 18 months.

“Today, 50% of the workforce leaves its job within 2 years of being hired because they lack visibility into development opportunities! And that costs the global economy hundreds of billions of dollars every year. Palm reduces our clients' turnover by 20% and saves 10 times more time and money. With our latest round of funding, we are ready to accelerate our action and revolutionize the future of work in the entire European market”, says Hela Atmani, co-founder & CEO of Palm.

Want to grow your startup? Apply to one of STATION F’s startup programs here.

Watch Palm’s pitch for STATION F’s Future 40, 2022: