palm.hr
Prince Muhammad Bin Abdulaziz Road Al Olaya Romaizan Building, First Floor, Office 215, Riyadh, Ar Riyad, 12313, Saudi Arabia
Overview
Palm.hr is an HR‑tech startup that provides a mobile‑first, employee-focused platform to automate payroll, track leaves and absences, monitor performance, and enable employee self‑service. The product supports on‑ and off‑boarding and configurable workflows to match local labor laws across borders. It has integrated with Saudi government services including Mudad (digital payroll/compliance), GOSI (social insurance) and Muqeem (foreign employee data) to enable payroll processing, visa applications and social insurance updates. Palm.hr reports strong commercial traction — it has doubled its annual recurring revenue (ARR) every six months — and serves clients such as Hala, Thmanyah, the Saudi Venture Capital Company, Mozn, Jeeny and Rabbit. The company plans to expand deeper in Saudi Arabia and enter Egypt and the UAE, while adding fintech and insurtech features (employee loans, asset financing and insurance) to make the product part of employees’ daily lives.
- Total raised
- $5M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Feb 2023
Industries
- Apps
- Human Resources
- Information Technology
- Software
Recent funding
Series A
Feb 2023
$5M