Skello raised €200 million from Bridgepoint, its largest backer, as founders grew their own stake.
The profitable HR platform for shift workers passed €50 million in annual revenue in 2026.
It plans around 100 new hires in 2026 and is eyeing acquisitions across Europe.
Most rounds this size dilute founders further. Skello‘s just did the opposite. As part of a €200 million investment led by Bridgepoint’s Development Capital V fund, the company’s founders and management team are increasing their own stake in the business, even as Bridgepoint becomes Skello’s largest external backer to date.
It’s an unusual structure for a round of this scale, and it says something about where Skello sits: profitable, growing, and negotiating from strength rather than needing outside capital to survive. Existing investors Partech and XAnge also reinvested.
Quitterie Mathelin-Moreaux and Emmanuelle Fauchier-Magnan, Skello’s co-founders, said the deal gives them “the means to significantly accelerate our European development, our AI investments, and our market consolidation strategy.”
Consolidating from a position of strength
Founded in 2016 by Partech alumni Mathelin-Moreaux and Fauchier-Magnan, Skello built an AI-powered scheduling and HR platform for frontline workers, a group the company says makes up nearly 55% of Europe’s workforce and has long been managed on paper or basic spreadsheets.
From its Paris hub, with engineering in Lille and a sales office in Barcelona, the company expanded across France’s restaurant, hotel, and retail sectors before moving into Spain, Belgium, and Italy.
The pitch to investors is simple: managers get an app to build schedules compliant with local labor rules and adapt shifts to real-time demand; employees get a mobile app to view shifts, request changes, and clock in. In 2025, Skello launched Skello Assistant, an AI agent that combs through scheduling and payroll data to flag overtime, resolve payroll mismatches, and propose schedule fixes.
The company covers roughly 30,000 businesses and 700,000 daily users. Revenue is growing alongside that reach: Skello crossed €50 million in annual recurring revenue in 2026 and is already profitable, which is precisely what makes the founders’ increased stake notable. This is capital raised to go on offense, not to stay afloat.
Buying share in a fragmented market
The round is explicitly earmarked for targeted external growth operations, alongside consolidating Skello’s French lead, expanding across Europe, and broadening its product. That points to a roll-up strategy, buying up smaller rivals to build scale, in a category that remains, in Bridgepoint’s own words, “largely underserved and fragmented.”
That fragmentation is real. Factorial, a broader HR platform that has recently built out AI capabilities, closed a $150 million Series D at a $2.5 billion valuation in June 2026. Quinyx, a longtime player in shift scheduling, has raised over $100 million to date. Neither has Skello’s combination of profitability and a war chest built for acquisitions rather than survival.
What happens next?
Skello’s task now is to absorb around 100 new hires in 2026, spanning engineering, data science, and international sales, while identifying acquisition targets that fit its consolidation strategy.
Bridgepoint partner Jean-Baptiste Salvin says Skello “brings together everything we look for: clear market leadership, strong growth momentum, a differentiated product, and a European market that remains largely underserved and fragmented.”
Whether Skello can convert that fragmentation into a genuine European buyout campaign, rather than just deepening its home turf, is the story to watch from here.