Saudi-based HR tech startup palm.hr is expanding regionally for the first time, with plans to open offices in Egypt and UAE.
Saudi-based human resources and employee experience platform palm.hr is embarking on its first regional expansion, with plans to establish teams in Egypt and the UAE within three months.
Founded in 2019 by Richard Schrems, Christoph Czichna, and Dragan Nikolic, the platform offers businesses a streamlined portal for managing work experiences, including onboarding, payroll, and offboarding. The company's three-pillar business strategy focuses on software flexibility, HR tech integration, and centralized communication.
“Simply put, we proudly serve small and medium, growing and innovative companies that want to be people-centric organizations,” palm.hr CEO Richard Schrems tells StartupScene. “Our focus currently lies on serving Saudi-based small and medium enterprises, however, throughout the year we will be offering our services across the GCC and beyond.”
palm.hr has positioned itself as a regional provider of HR technology services, and has successfully integrated with several Saudi Government Solutions such as GOSI, Mudad, and Muqeem. The company aims to become the most integrated HR software in the market, merging all people's data into a single source of truth.
palm.hr currently employs a team of 70, set to double in size over the next 12 months, with aggressive product development and hiring goals. The company is currently hiring talent across all functions, and will also offer financial services through partners on its platform. It is also building a dynamic content library to support customers and employees with insights about Saudi Arabia's labor laws, employment, and career development. “At palm.hr, we want to make sure companies have the tools they need to remain compliant with Saudi nationalization and labor laws,” Schrems adds. “Our platform will soon leverage business data to highlight Saudization achievements whether it is organization-wide or for specific professions.” palm.hr's expansion plans are supported by its successful pre-series A funding round, which raised $5 million. The company will focus on growing its presence in Saudi Arabia, Egypt, and the UAE, while aiming to raise another funding round within 12 to 18 months.
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