SeamlessHR, a Nigerian HR tech company, has secured $9 million in a Series-A extension round, according to sources familiar with the matter. The new funding comes from the Gates Foundation and Helios Digital Ventures, complementing the company’s $10 million Series A raised in 2022.
The company intends to use the new capital to expand its operations across Africa, potentially through acquisitions. In the previous year, SeamlessHR reportedly explored the acquisition of an HR tech startup in Nigeria.
Originally targeting a $10 million raise, SeamlessHR ultimately secured $9 million in this round, bringing its total funding to approximately $25 million. The company’s earlier rounds include a $10 million Series A in 2022 from TLCom, Capria, Lateral Frontiers, Ingressive Capital, and Enza Capital, as well as a seed round in 2020 from the same investors and Consonance Investment Managers. In 2019, SeamlessHR raised a $150,000 pre-seed round from Tofino Capital and Ventures Platform.
Co-founder and CEO Emmanuel Okeleji stated, “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 will help them use their employment as collateral to enjoy a better life.”
Founded in 2018, SeamlessHR provides a cloud-based HR software platform that simplifies human resources management. Its suite of tools includes payroll, recruitment, performance management, and core HR functions. In 2024, SeamlessHR added an e-procurement platform to its offerings. With customers in Nigeria, Ghana, and Tunisia, including major brands like PwC, Sterling Bank, and Lagos Business School, SeamlessHR has become one of the leading HR tech providers in Africa.
