Venture Capital

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Pracuj Ventures

Pracuj Ventures is an investment fund focused on early-stage HR and edutech startups. It has made 7 investments, including a Seed VC investment in PeopleForce...

Pracuj Ventures logo

Pracuj Ventures

Pracuj Ventures is an investment fund focused on early-stage HR and edutech startups. It has made 7 investments, including a Seed VC investment in PeopleForce on April 16, 2025. The fund has 1 portfolio exit, with Kadromierz exiting on March 05, 2025.

General information

Firm type

Venture Capital

Year founded

2018

AUM

Undisclosed

Location

Region

Europe

Country

Poland

City

Warsaw

Corporate office

ul. Prosta 68, 00-838 Warsaw, Poland

Principals

Przemysław Gacek

Advisory

Maciej Noga

Managing Partner

Paweł Leks

Managing Partner

Małgorzata Grostal

Junior Investment Manager

Magdalena Trąba

Investment Manager

Mykola Mykhaylov

Advisory

Sector focus

Enterprise SoftwareHR TechEdTech

Frequently asked questions

Who runs investment decisions at Pracuj Ventures?

The firm is led by Managing Partners Paweł Leks and Maciej Noga, both co-founders of Grupa Pracuj. Day-to-day deal sourcing and portfolio management is handled by Junior Investment Manager Małgorzata Grostal and Investment Manager Magdalena Trąba. Advisory is provided by Grupa Pracuj CEO Przemysław Gacek, who is also an active angel investor, and by Mykola Mykhaylov, the former CEO of Robota.ua. Legal advisory comes from Tomasz Michalik and Jakub Zawadzki.

How does Pracuj Ventures source deals?

The firm's primary advantage is its access to the operational data and networks of Grupa Pracuj. The group's platforms — Pracuj.pl, Robota.ua, and the eRecruiter ATS — are used by tens of thousands of employers in Europe, allowing the venture team to identify HR-tech and EdTech startups with accelerating adoption before they become widely known institutional targets. The team has also co-invested alongside Seed VC funds in Warsaw.

Is Pracuj Ventures a standalone fund or a corporate venture arm?

Pracuj Ventures functions as the dedicated investment arm of Grupa Pracuj, the privately held Polish HR-technology group. It operates with its own investment team and brand, but draws its capital and strategic ties from the parent company. This structure makes it a hybrid between a corporate venture capital unit and an independent early-stage investor.

Does Pracuj Ventures participate in fund commitments or only direct deals?

The firm's disclosed activity is exclusively direct equity investments into early-stage HR and learning-development technology companies. The investment team's track record, formed prior to the launch of Pracuj Ventures, includes connections to seed funds like Hedgehog and Market One Capital, but the firm's own website frames its work entirely around direct backing of portfolio companies.

What investment stages does Pracuj Ventures target?

The firm explicitly states its focus on early-stage rounds: seed, start-up, and early-stage financing, with a preference for HR and L&D technology companies that have demonstrated potential to scale across multiple markets. No later-stage or growth-equity investments are mentioned.

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