Transaction Summary
On 19 January 2025, SeamlessHR Group (“SeamlessHR”), an HR technology platform, announced it had secured $9 million in a Series A Extension venture capital round. Founded in 2011, SeamlessHR is a cloud-based HR and payroll technology company offering comprehensive HR management and productivity solutions to 2,000 businesses, including banks, insurers, and manufacturers, across 20 countries. The funding will enable SeamlessHR to expand into Southern Africa, serve private corporations and government ministries, enhance its embedded finance suite, and integrate Generative AI to deliver scalable HR solutions across Africa. Helios Investment Partners (Helios), through its Helios Digital Ventures fund, led the Series A extension round with participation from the Gates Foundation. The Helios Digital Ventures fund invests in high-growth, revenue-generating tech companies in early-growth rounds (Series B+) operating across fintech, human capital, and emerging technologies. This funding brings SeamlessHR’s total funding to $20 million.
Terms
- Fund Manager: Helios Investment Partners LLP, Gates Foundation
