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Palm.Hr Raises $5M, Embarks On Mena Growth

Feb 08, 2023•over 2 years ago

Amount Raised

$5 Million

RiyadhSaasSoftware

Investors

Wamda CapitalRaed VenturesSpeedinvest

Description

A few years ago, Richard Shrems was working as a human resources consultant in Riyadh, and at one point sought to implement a tech-solution for his clients to help them better their huge teams, but couldn’t find a localized solution.

Company Information

Company

Palm.hr

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Redefining HR in the Middle East - www.palm.hr We are determined to reinvent the way HR is perceived in companies across the Middle East. It is time to focus on employees and their needs. HR is not about administrating staff, it is about engaging people in order to activate their full potential so that everyone supports their company and this country to march into a brighter future. Made with ❤️ all over the world.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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