SeamlessHR, a leading African provider of cloud-based HR and payroll software, has successfully raised $9 million in additional funding from Helios Digital Ventures and the Gates Foundation. This capital injection will support the company’s ambitious plans to expand its footprint to all English-speaking countries across Africa.
The funds will primarily fuel SeamlessHR’s growth strategy, which includes geographic expansion and potential acquisitions. Notably, the company had reportedly been in talks last year to acquire a Nigerian HR tech startup, signalling its intent to solidify its market position through strategic investments.
Emmanuel Okeleji, CEO of SeamlessHR, highlighted the company’s progress and future focus: “Over the last five years, we have expanded across the continent to become the dominant HR and Payroll Software for medium to large enterprises in Africa. While we continue to accelerate our work to optimize workforce productivity in both the public and private sectors across the continent, much of our attention will also be on empowering hardworking Africans with responsible credit products that will help them use their employment as collateral to enjoy a better life.”
Since its establishment in 2018 by Emmanuel Okeleji and Deji Lana, SeamlessHR has offered innovative cloud-hosted HR solutions designed to streamline human resources management. This latest funding positions the company to enhance its offerings while driving socio-economic empowerment across Africa.
- SeamlessHR Raises Additional $9m in Series A Extension For African Expansion - 01/20/2025
- Speed Will Define Technology Landscape in 2025 - 01/16/2025
- X Set to Add Label to Parody Accounts - 01/12/2025