The investment in Simbel aims to enhance the Learning and Development experiences for small and medium-sized businesses by providing a tailored, integrated platform.

Information on the Target

Simbel is a Paris-based HR solution designed to meet the Learning and Development (L&D) needs of small and medium-sized businesses (SMBs). Recognizing the complexities of modern workplace demands, Simbel facilitates a comprehensive L&D experience that evolves alongside employee skill requirements. By integrating with existing HR functions, Simbel identifies learning needs through periodic performance reviews and matches them with relevant training resources. This ensures that employees receive tailored support that aligns with their specific job roles and development goals.

Industry Overview in France

The L&D industry in France is experiencing significant growth, fueled by the increasing recognition of employee development as crucial to organizational success. With corporate spending on L&D reaching approximately $360 billion globally, businesses are allocating an average of 26% of this budget to external training providers. This trend emphasizes the need for innovative solutions like Simbel that cater specifically to the unique needs of SMBs.

Small and medium-sized businesses often find it challenging to provide robust L&D programs due to limited resources and manpower. HR teams in these organizations are frequently stretched thin, managing diverse