ZenHR has secured $10 million.
ZenHR, a Saudi Arabia-based provider of HR software, has secured $10 million in an expansion round that was co-led by Rua Growth Fund.
ZenHR has created a cloud-based HR platform that will be used in the entire HR function and will be streamlined and automated from the hiring stage to the retirement stage. ZenHR’s presence will be developed and strengthened across the 12 markets it now serves with the help of funding.
With the help of this round of funding, ZenHR will keep its attention on gratifying its clients and providing top-notch HR solutions in MENA across the employee lifecycle.
It presently has clients in 12 markets in the Middle East and Africa, including Saudi Arabia, the United Arab Emirates, Egypt, Qatar, Kuwait, Bahrain, Oman, Iraq, Jordan, Lebanon, Yemen, and Palestine, had an outstanding performance prior to this fundraising round. Since its debut, ZenHR has had yearly subscription revenue growth of over three times the industry average.
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