FundedIQ
Administrative Services

50skills: Funding, Investors & Team (Oct 2026)

50skills is transforming employee onboarding. It is used by thousands of managers in high-turnover industries ranging from retail, hospitality, ready-made-food, tech and transportation to reduce the timeframe between onboarding and employees actively fulfilling their roles. It accomplishes this by centralizing employee data, eliminating repetitive data entry tasks across multiple systems, and integrating with the tools and services employers already use. These are tasks such as creating and e-signing paperwork, triggering and monitoring videos in an LMS system, and creating users in core systems such as payroll and time registration. Please join us @ 50skills.com

50skills.com LinkedIn Reykjavík, Iceland 11-50 employees Founded 2017
Data Integration Enterprise Software Human Resources Information Technology Software
Total raised
$8.6M
Rounds
2
Latest
Undisclosed round
Sep 2026

50skills has raised $8.6M across 2 funding rounds on record, the most recent an undisclosed round of $6.0M announced in Sep 2026.

That round is above the $5.0M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

50skills Company Profile and Key Stats

Total funding raised
$8.6M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$6.0M in Sep 2026
Employees
11-50
reported band
Founded
2017
Headquarters
Reykjavík, Iceland
Investors on record
4
4 named below

Latest funding round on record: Sep 2026.

50skills Funding Rounds

Date
Round
Amount
Undisclosed round
$6.0M
Seed
$2.6M

50skills raised $2.6M in a Seed announced in May 2022.

4.3 years later, an undisclosed round of $6.0M was announced in Sep 2026.

50skills Investors

Avant Frumtak Ventures Swiss Post Ventures DRD Investments

50skills Founders and Leadership Team

Name
Role
Contact
Georg Olafsson
Co-Founder & VP of Product
Locked
Kristjan Kristjansson
CEO
Locked

Contact details for the 50skills team: 2 of 2 have an email address on file, 2 have a LinkedIn profile.

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50skills Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round

50skills' latest round of $6.0M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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50skills Funding FAQs

What does 50skills do?

50skills is transforming employee onboarding. It is used by thousands of managers in high-turnover industries ranging from retail, hospitality, ready-made-food, tech and transportation to reduce the timeframe between onboarding and employees actively fulfilling their roles. It accomplishes this by centralizing employee data, eliminating repetitive data entry tasks across multiple systems, and integrating with the tools and services employers already use. These are tasks such as creating and e-signing paperwork, triggering and monitoring videos in an LMS system, and creating users in core systems such as payroll and time registration. Please join us @ 50skills.com

How much funding has 50skills raised?

50skills has raised $8.6M across 2 rounds on record. The most recent is an undisclosed round of $6.0M announced in Sep 2026.

When did 50skills last raise funding?

50skills' most recent funding round on record is an undisclosed round of $6.0M, announced in Sep 2026.

Who has invested in 50skills?

Investors on record for 50skills include Avant, Frumtak Ventures, Swiss Post Ventures, DRD Investments.

Who founded 50skills?

FundedIQ lists Georg Olafsson (Co-Founder & VP of Product) at 50skills.

Who is the CEO of 50skills?

Kristjan Kristjansson is listed as CEO at 50skills.

Where is 50skills headquartered?

50skills is based in Reykjavík, Gullbringusysla, Iceland.

How many employees does 50skills have?

50skills is in the 11-50 employee band.

When was 50skills founded?

50skills was founded in 2017.

How does 50skills' funding compare to other Administrative Services startups?

50skills' latest round of $6.0M is above the $5.0M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's 50skills Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for 50skills is left off this page rather than filled in.

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