Nearly a year after its last round of funding, Nigerian HR and payroll platform SeamlessHR announced it has raised an additional $10 million in Series A funding to pursue its expansion strategy.
The company, which enables medium and large companies to automate their HR and payroll processes on a single platform, raised the resources from previous investors, including Lateral Capital, Enza Capital, and Ingressive Capital. A new partner, namely TL Com Capital led the operation.
“The new funds will take us several steps closer to achieving our vision of helping more African businesses become more productive and successful. It also provides the platform to expand our reach and presence to Southern and East Africa and further strengthen our position as Africa’s leading cloud HR and payroll platform,” the company said.
SeamlessHR currently operates in Nigeria and Kenya and plans to expand into southern Africa particularly in South Africa. The company is also targeting East Africa and surrounding markets. Beyond human resource management solutions, it offers additional services in Artificial Intelligence, data analysis, and machine learning areas.
Chamberline Moko
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Côte d'Ivoire ranked first on gender equality within the Economic Community of West African States (ECOWAS) with a score of 0.708, above the regional...
Public accelerator Algeria Venture launched AventureCloudz on Thursday, April 30, a cloud platform for software developers, hosted on Algerian soil and...
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....