How 50skills Plans to Use Its $6M HR Automation Funding

Iceland-founded 50skills is using a $6 million funding round to expand its HR automation business and develop a platform that turns descriptions of people processes into working workflows. The ambition is to move repetitive tasks out of email threads and spreadsheets without handing every decision to AI. 169

Where the funding will go

The round, announced on September 24, 2026, was co-led by Frumtak Ventures, Swiss Post Ventures, Avant and DRD Investments. Icelandic reporting says 50skills plans to hire in sales and marketing, build its user community and continue developing the platform. No allocation of the $6 million among those priorities is specified in the available reporting. 69

How the platform turns a process into a workflow

An HR team can describe what it needs in plain language. According to 50skills, the system asks follow-up questions and builds a workflow that the team can customize; users can also start with a trigger from an existing tool, such as BambooHR, Personio or Slack. 24 The company’s broader HR platform covers stages of the employee lifecycle from hiring through offboarding and integrates with other HR systems. 1117

That makes the intended output an operational process, rather than just written advice. Contracts, onboarding and approvals are examples of work that can be organized into structured workflows instead of managed through email and spreadsheets. 1 Reporting describes the platform as combining defined workflow steps, AI agents and human oversight, while 50skills says people remain in control of key decisions. 189

The limits of that oversight are not established in the supplied reporting. It does not specify which decisions require approval or document the security, audit and governance controls that enforce those boundaries. The same caution applies to claims that the platform automates every task in a wider list that includes background checks, equipment provisioning and access management.

What the adoption figures show—and what they do not

Citing a company announcement, Icelandic reporting says businesses in Iceland, the Nordics and the UK completed more than four million automated actions in 50skills over the preceding 12 months. It also reports that Icelandair digitized more than 20 HR processes. 21 Coverage names Icelandair, Domino’s and the City of Reykjavík among customers. 4

Those figures indicate use of the platform, but an automated-action count is not a measure of hours saved or faster processing. The available evidence does not establish comparable, independently verified reductions in administrative work across customers. For co-founder and CEO Kristjan Freyr Kristjansson, the practical proposition is a place for teams to build and manage everyday processes—not AI that merely answers questions—but the funding reports do not set out a detailed AI-agent development roadmap. 319