SeamlessHR, Africa’s leading HR technology company, has raised $9 million in funding from the Gates Foundation and Helios Digital Ventures, bringing its total funding to approximately $25 million since its founding in 2018.
The Nigerian-based company plans to use the investment to expand its reach across Africa and enhance its product offerings, including new embedded finance solutions and AI-driven workforce management technology. The funding follows the company’s impressive growth, with its HR and payroll software now serving nearly 2,000 businesses and managing approximately 300,000 employees across 20 African countries.
Dr. Emmanuel Okeleji, SeamlessHR’s Co-founder and CEO, emphasized the company’s focus on improving workforce productivity and quality of life for African workers through responsible credit products. “Working Africans will be able to leverage responsible credit to gain better access to basic life needs like shelter, mobility, food, and education,” he stated.
The company’s expansion plans may include acquisitions, according to sources familiar with its operations. SeamlessHR has already established a strong presence in Nigeria, Ghana, and Kenya, serving major clients including PwC, Sterling Bank, and Lagos Business School.
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Fope Adelowo, Managing Partner at Helios Digital Ventures, praised SeamlessHR’s role in digitizing workforce management and promoting financial inclusion through salary assurance and enhanced wage access. The Gates Foundation’s Nigeria Country Director, Uche Amaonwu, highlighted the platform’s potential to provide critical financial services to millions of formally employed Africans, particularly relevant amid rising living costs.
The investment represents an extension of SeamlessHR’s Series A round, following its previous $10 million raise in 2022 from investors including TLCom, Capria, and Lateral Frontiers. The company has grown from its modest beginnings with a $150,000 pre-seed round in 2019 to become a major player in Africa’s HR technology sector.
