Visma, a leading provider of mission-critical software across Europe and Latin America, today announces the acquisition of Lara AI, an Argentine pioneer in artificial intelligence solutions for Human Resources management.
HR professionals spend up to 57% of their time on administrative tasks, leaving less room for strategic initiatives such as building culture, developing talent and driving organisational success. Lara AI is on a mission to change this. Its AI-powered employee experience platform automates routine tasks, delivers real-time insights, and empowers HR leaders to focus on what matters most. Designed to enhance communication and strategic decision-making across the workforce, Lara AI acts as the ultimate virtual HR Business Partner (HRBP), helping organisations unlock their full potential.
"Integrating Lara AI into Visma allows us to strengthen and complement our HR Tech portfolio which has more than 4,500,000 users, providing innovative tools that streamline talent management and enhance the employee experience at all organisational levels," said Álvaro Capobianco, Business Area Director of Visma Latin America.
Guido Kuznicki, CEO of Lara AI, stated: "We are excited to join Visma. Their experience in HR Tech and market leadership in LatAm gives us the ideal platform to scale our solutions faster to continue innovating in AI-driven HR management, enabling companies to reach and engage their entire workforce more efficiently while optimising their HR processes."
Alan Szpigiel, CTO of Lara AI added, “There’s a clear alignment between how Visma and Lara AI think about solving problems in HR. Joining forces means we can move faster and bring more value to the teams we build for.”
With this acquisition, Visma reinforces its commitment to innovation and its mission to provide businesses with cutting-edge tools that drive growth and competitiveness in the Latin American market.
For more information, please contact:
Lage Bøhren, Director of Communications at Visma, +47 921 57 801
lage.bohren@visma.com
About Visma
Visma is a leading provider of mission-critical business software, with revenue of € 2.8 billion in 2024, 16,400 employees and 2 million customers across Europe and Latin America. By simplifying and automating the work of businesses and organisations of all sizes, we enable a more efficient and prosperous society. Visit us at visma.com
