RIYADH: Saudi-based human resource software provider ZenHR raised $10 million in a growth funding round, led by Rua Growth Fund with participation from venture capital firm Endeavor Catalyst and existing investors.
The company will utilize the funding to strengthen its presence across the 12 markets it currently serves as well as enhance its product offering.
Established in 2017 by Yousef Shamoun and Mohamed Haj Hassan, ZenHR is a cloud-based HR platform designed to streamline and automate the entire HR function from hiring to retirement.
Shamoun and Haj Hassan were also the founders of the online Arabic card gaming platform, Jawaker, which was acquired in 2021 for $205 million after raising one seed round of $500,000.
