New Investments
Nigeria’s SeamlessHR Secures $9 Million in Series-A Extension to Accelerate African Expansion
SeamlessHR, a Nigerian-based HR technology company, has successfully raised $9 million in a Series-A extension round, TechCabal reports.
The funding comes from notable investors, including the Gates Foundation and Helios Digital Ventures.
This latest round adds to the company’s previous $10 million Series-A funding secured in 2022 from TLCom, Capria, Lateral Frontiers, Ingressive Capital, and Enza Capital.
Including earlier funding rounds, SeamlessHR has now raised approximately $25 million since its inception in 2018.
According to insiders, SeamlessHR plans to channel the new funds toward its continental expansion efforts, potentially through acquisitions.
Reports indicate the company explored acquiring a Nigerian HR tech startup last year, signaling a strategic intent to bolster its market presence.
“We’ve grown significantly over the past five years, establishing ourselves as the leading HR and Payroll Software provider for medium to large enterprises in Africa. Our goal remains optimizing workforce productivity while introducing innovative solutions like responsible credit products to empower African workers,” said Emmanuel Okeleji, Co-founder and CEO of SeamlessHR, in a statement.
SeamlessHR offers a robust cloud-based HR software platform tailored to meet the needs of businesses across Nigeria, Ghana, and Tunisia.
Its suite includes tools for performance management, payroll, recruitment, and, more recently, an e-procurement platform launched in 2024.
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