SeamlessHR, a Nigerian startup helping businesses manage HR functions, has raised a $9 million Series-A extension round. The new funding from the Gates Foundation and Helios Digital Ventures brings the startup’s total funding to $25 million. The company plans to use the investment to expand across Africa, which may include acquisitions. Last year, the company reportedly held talks to acquire another HR tech startup in Nigeria. A Step Closer To Redefining Africa’s Productivity Although the company set out to raise $10 million, it eventually raised $9 million. This new funding comes months after SeamlessHR launched new embedded finance products that enable employers and employees to access critical financing solutions, including payroll financing, to fuel their growth and business performance. Related Post: African Remittance LemFi Secures $53M To Expand Into Europe
