TechInAfrica – A Nigerian HR startup SeamlessHR has raised a new round of funding with the goal of driving pan African expansion.
“We have what we can call the first-mover advantage in the enterprise HR cloud SaaS space in Africa. This round of funding will help us consolidate on this advantage and scale operations quickly across the continent,” SeamlessHR CEO Dr. Emmanual Okeleji said.
The company is planning to use its funding to fine-tune its product suite to build Africa’s Workday as visioned by Okeleji.
The round was likely to be a seed round and was led by US-based Lateral Capital and Lagos-based Consonance Investment Managers, with participants from Ingressive Capital and Kenya-based Enza Capital.
Managing Partner at Lateral Capital Rob Elof said, “In Emmanuel and Deji, we see two highly talented and experienced founders that have surrounded themselves with talent and have thoughtfully created a product suite and culture that will enable success in building Africa’s WorkDay and more. Lateral Capital is thrilled to have the opportunity to be part of this journey.”
“SeamlessHR has the team composition and chemistry required for success,” Managing Partner at Consonance Investment Managers, Mobolaji Adeoye said.
“Their early commitment to gaining real product and technology advantages sealed the deal for us. We are proud to be a part of their journey.”