Reykjavík-based startup 50skills has raised €5.3 million (around $6 million) in new funding. The company is building an operating system designed to help businesses manage their people and work processes.
50skills will use the new funding to hire more employees, mainly across sales, marketing and community teams. The company also plans to continue improving its platform.
The startup will also invest in AI agents that work alongside HR teams. The funding round was co-led by Frumtak Ventures, Swiss Post Ventures, Avant, and US-based family office DRD Investments.
50skills co-founder and CEO, Kristján Freyr Kristjánsson, said, “AI is changing how organisations create value. Our job is to make that practical for the teams responsible for people. We are building the operating system for people workflows, where HR teams design the experience they want for their employees and the platform runs it. The hard part is the balance: deterministic workflows where a process has to run the same way every time, probabilistic agents where a step needs interpretation, and human oversight, governance and security throughout. For HR and people operators, that balance is not optional, it is the job. That is what we build, and this round lets us bring it to many more organisations.”
Frumtak Ventures Partner and Chair of the 50skills board, Ásthildur Otharsdóttir, said, “50skills has turned years of customer feedback into a platform organisations run their people operations on every day. As AI changes how work gets done, the companies that win will be those that bring people, workflows and AI agents together safely and effectively. 50skills has the product, the domain expertise and the customer traction to lead that shift. We are proud to continue backing Kristján and the team.”
Founded in 2017, 50skills is building a platform that helps people and AI agents work together on business processes. HR teams can use the platform to create and manage employee processes across the systems their company already uses.
The platform brings together automated workflows, AI agents and human oversight. It also includes the security and controls needed by HR and people operations teams to manage these processes safely.
According to 50skills, HR teams handle hundreds of regular processes, but many still rely on emails, spreadsheets and manual work. These processes often involve different systems that were not originally designed to work together, making HR tasks more time-consuming.
