PalmHR

SoftwareSeedRiyadh, Saudi Arabiapalmhr.net

Latest round

Seed

Last raised

Jun 2020

Total raised

Undisclosed

Investors

2

About PalmHR

PalmHR, founded in 2018 and headquartered in Riyadh, Saudi Arabia, specializes in HR solutions for small and medium enterprises.PalmHR offers an all-in-one HR software solution tailored for SMEs in the Middle East, centralizing essential functions such as payroll automation, performance tracking, employee data management, and attendance monitoring.PalmHR employs a subscription-based revenue model, offering tiered pricing plans that grant clients access to varying levels of HR functionalities. These plans encompass essential services like payroll management and HR consulting, enabling businesses to select options that suit their operational needs and budget constraints.00 mn, the company plans to utilize these funds to broaden its business reach and expand its team. Additionally, PalmHR aims to enhance its product offerings and is exploring opportunities to enter new markets across the Middle East and potentially beyond, although specific regions have yet to be disclosed.

Who invested in PalmHR

2 investors across 1 round

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Funding rounds

  1. Seed

    Jun 18, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about PalmHR

Who invested in PalmHR?

PalmHR has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has PalmHR raised?

PalmHR has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did PalmHR last raise money?

PalmHR's most recent round on record is a Seed, in Jun 2020.

What does PalmHR do?

PalmHR, founded in 2018 and headquartered in Riyadh, Saudi Arabia, specializes in HR solutions for small and medium enterprises.

Where is PalmHR headquartered?

PalmHR is headquartered in Riyadh, Saudi Arabia.

Which VCs invest in companies like PalmHR?

Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at PalmHR's stage. Their profiles are linked below.

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