SeamlessHR, Africa’s leading Human Resource technology company, has recently announced that it has raised $9 million in its latest funding round from the Gates Foundation and Helios Digital Ventures as it continues to revolutionize the future of workforce productivity in Africa with cutting-edge technology.
SeamlessHR focuses on helping institutions across the continent improve their workforce productivity with cutting-edge technology solutions. Serving over 1,000 medium—to large enterprises worldwide, the platform offers a robust platform that streamlines the entire employee lifecycle, from recruitment to retirement. With physical offices in Nigeria, Ghana, and Kenya, it delivers cutting-edge technology and exceptional support to clients across the continent.
Sharing his excitement about the round of funding and the pivotal role SeamlessHR is playing in directly tackling productivity amongst Africa’s workforce and improving the quality of life of Africa’s hardworking people, Co-founder and Chief Executive Officer of SeamlessHR, Dr Emmanuel Okeleji, said:
I am excited about our journey. Over the last 5 years, we have expanded 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 to help them use their employment as collateral to enjoy a better life.
The company believes that people are at the heart of any successful organization. This is why, since 2018, it has been helping African workforces achieve increased productivity and success. Its world-class HR technology simplifies and streamlines operations, allowing businesses to focus on growth and employee support.
Fope Adelowo, Managing Partner at Helios Digital Ventures, commented:
We believe technology is the key to unlocking Africa’s immense potential as a global economic force. SeamlessHR is pioneering the digitization of workforce management and empowering businesses and employees with transformative solutions such as embedded finance. By providing salary assurance and enhanced wage access, they are breaking down barriers to financial inclusion across the continent. We are pleased to partner with SeamlessHR on this exciting journey and look forward to accelerating its impact across Africa in its next growth phase.
Uche Amaonwu, Country Director of the Gates Foundation, added:
The Gates Foundation is excited about SeamlessHR’s potential to enable access to critical financial services for millions of hardworking, formally employed Africans.
With this new investment, the firm will propel HRTech’s aim to expand its presence across Africa, improving staff productivity and increasing business performance through innovative solutions such as embedded finance services and AI-driven labour management technologies. The investment follows an outstanding five-year run in which almost 2000 enterprises have utilized SeamlessHR’s eponymous software to manage HR and payroll operations for about 300,000 employees in 20 African nations.
This announcement comes months after SeamlessHR launched new embedded finance products that enable employers and employees to access critical financing solutions, including payroll financing, to fuel their growth and business performance.