Sometimes things just come together as if they were meant to be – just like meeting and investing in Techwolf. As European investors, we discovered Ghent via our investment in Aikido and know the depth of talent and ideas that it produces. When you add in a skills-based approach as we know well from our friends at TestGorilla, plus an introduction from industry expert Thomas Otter, then you know something special is happening.

We are thrilled to be joining investors Felix Capital, 20VC and SemperVirens in Techwolf’s €40m Series B, joining strategic investors SAP, ServiceNow and Workday. With existing investors Acadian, Stride and Fortino this must be one of the most knowledgeable and skilled set of advisors in HR Tech, and it’s a privilege to be working with them. With Diane Gherson joining the Board (IBM CHRO 2013-2020) there’s a real depth of industry, tech and vertical expertise.

TechWolf provides an API-first Skills Infrastructure to help enterprises establish an automatic, instant, and always up-to-date view of skills and skill gaps across their workforce. They have built a highly specialized skills AI system, spanning 15 proprietary language models and outperforming external language models in accuracy, transparency, and flexibility. The system is backed by TechWolf’s peer-reviewed research, which was applied to over 1.5 billion labour market data points, 40 million skill events, and 250 thousand recognized skill forms.

We are excited to see TechWolf build the AI infrastructure layer for skills, creating foundational data assets and frameworks that enable a skills-first approach to talent management. Their innovative technology infers employee skills from digital interactions by leveraging advanced AI language models, thus eliminating the need for manual skills assessments. This technology enhances the capabilities of market leaders like Workday and SAP by providing high-quality skills and skill gap data to the HR landscape.

The US is now TechWolf’s fastest-growing market, and the company has signed marquee customers like United Airlines, IQVIA, and Synopsys, plus the company is opening an NYC office in September 2024.

We’re thrilled to have invested in Techwolf, and to be working with founders Andreas, Mikael and Jeroen. Welcome to Notion and our family of HR Tech – we’re excited for the journey ahead.

Why we chose Notion, by Andreas De Neve

There are two big reasons we chose Notion Capital as an investor in this round. Firstly, Andy Leaver is one of the few true greats to have scaled generational companies in this space, with Workday and SuccessFactors. Secondly, Notion is a tier 1 brand with some of the best content and knowledge on scaling companies, and we want deep access to that differentiated know-how.

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