# Humi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/humi

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.humi.ca
- Total disclosed funding: $43M
- Latest round: Series B (May 25, 2022)
- Investors on record: 7

## About

Founded in 2016 and based in Ontario, Canada, Humi Inc. develops human resources software for internal operations. Kevin Kliman (CEO), Simon Bourgeois, Drew Millington, and Matt Loszak are the co-founders of the company. In January 2025, Employment Hero Pty Ltd a portfolio company of TCV, Insight Partners, OneVentures, AMP Ventures, AirTree Ventures, Salesforce Ventures ,AMP New Ventures, Sixth Street Growth, SFO Ventures, Sypkes Group, Meruma Pty Ltd, SEEK, Partners for Growth, Rumpol Dancer Pty Ltd, and Salesforce Ventures, acquired Humi Inc. from Argonautic Ventures, FundersClub, Struck Capital Management, Tribe Capital, Y Combinator, Flex Capital, Kensington Capital Partners, and TELUS Ventures for CAD 100 million.

The company provides a comprehensive platform, Humi, that streamlines various essential functions, including payroll, HR, benefits management, time off tracking, and more. The firm’s platform contains a dashboard where users can view employee data and documents, manage payroll accounts, and manage employee benefits. Humi's core features include employee profiles, document management, asset tracking, analytics, a payroll system built specifically for Canadian regulations, and quality benefits options for businesses. In addition, Humi offers streamlined applicant tracking for recruitment, digital onboarding for new hires, and performance engagement tools.

The organization generates revenue through its pricing plans, which include the basics, advanced, and the work plan, which starts at CAD 6 per user every month.

The acquisition aims to support the company’s product development and service expansion to thousands of additional Canadian businesses, enhancing people-first employment solutions.

## Funding rounds

- Series B, May 25, 2022, $20M — Kensington Capital Partners, TELUS Ventures, Struck Capital, Tribe Capital, Flex Capital
- Series B, Nov 11, 2021, $4.4M — Argonautic Ventures
- Series A, Jun 23, 2020, $8.8M — Y Combinator, Struck Capital, Tribe Capital
- Series A, Oct 10, 2019, $10M — Argonautic Ventures
- Series A, Jan 3, 2017 — Argonautic Ventures

## Investors

- Argonautic Ventures (https://capitalatlas.ai/funds/argonautic-ventures) — Series A, Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Struck Capital (https://capitalatlas.ai/funds/struck-capital) — Series A, Series B
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series A, Series B
- Kensington Capital Partners — Series B
- TELUS Ventures (https://capitalatlas.ai/funds/telus-ventures) — Series B
- Flex Capital — Series B