Iceland's 50skills Raises $6 Million for AI Agents in HR Workflows

50skills, an Iceland-based company founded in 2017, has raised $6 million to expand sales and marketing and to invest further in its AI-driven workflow platform. The round was led by Frumtak Ventures and Swiss Post Ventures, with participation from Avant and the US family office DRD Investments.

50skills sells two products: Hire, an applicant tracking system, and Journeys, a platform for building and running people processes such as onboarding, contracts and signatures, employee requests, background checks, and equipment and access provisioning. Customers named in the report include Icelandair, Eimskip, Blue Lagoon, Domino's and Securitas, plus public-sector organizations such as Iceland's Ministry for Foreign Affairs and the City of Reykjavík, with a growing base across the Nordics and the UK.

CEO and co-founder Kristján Freyr Kristjánsson described the goal as building "the operating system for people workflows," in which HR teams design employee processes and the platform runs them.

Why it matters

Onboarding, offboarding and access requests are where HR teams lose the most time to manual handoffs between HR, IT and managers. Tools like Journeys sit on top of an existing HRIS and automate those steps, which is a different purchase from replacing the core HR system.

For Nordic and UK buyers, a regional vendor with public-sector references can be easier to clear through procurement and data protection review than a US-only provider. When evaluating any AI agent workflow tool, ask which actions run without human approval and how each step is logged.

Read the original: Staffing Industry Analysts.