SeamlessHR Secures $9 Million Series-A Extension to Drive Pan-African Expansion
SeamlessHR, a Nigerian HR tech company specializing in cloud-based human resources management solutions, has raised $9 million in a Series-A extension round, according to sources familiar with the development. The funding round saw participation from the Gates Foundation and Helios Digital Ventures, bringing the company’s total capital raised to approximately $25 million since its inception in 2018.
This latest investment follows a $10 million Series A round in 2022 led by TLCom, Capria, Lateral Frontiers, Ingressive Capital, and Enza Capital, as well as earlier rounds, including a $150,000 pre-seed round in 2019 and an undisclosed seed round in 2020.
According to sources, the new funds will be directed toward SeamlessHR’s expansion across Africa, potentially through acquisitions. The company reportedly explored acquiring an HR tech startup in Nigeria last year.
In a statement announcing the funding, Co-founder and CEO Emmanuel Okeleji shared the company’s mission:
“Over the last 5 years, we have expanded across the continent 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, much of our attention will also be on empowering hardworking Africans with responsible credit products that allow them to use their employment as collateral to improve their quality of life.”
SeamlessHR’s robust platform provides an end-to-end suite of HR solutions, including core HR functions, payroll, performance management, and recruitment. In 2024, the company expanded its product offerings with an e-procurement platform. Its customer base spans Nigeria, Ghana, and Tunisia, boasting prominent clients such as PwC, Sterling Bank, and Lagos Business School.
This funding marks a significant step in SeamlessHR’s journey to solidify its position as Africa’s leading HR tech provider while fostering innovation and workforce productivity across the continent.
