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(Ecofin Agency) – 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
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