palm.hr closes $5 million pre-Series A round
- Date: 08-Feb-2023
- Source: Wamda
- Sector:Technology
- Country:Saudi Arabia
palm.hr closes $5 million pre-Series A round
Press release:
palm.hr, a Saudi Arabia-headquartered HR tech platform has announced the completion of a $5 million Pre-Series A round co-led by Speedinvest and RAED Ventures. With more than €1 billion AuM, Speedinvest is one of Europe’s most active early-stage investors and this marks its entry into Saudi Arabia. This round also saw participation from MENA-focused VC firm Wamda Capital. Launched in 2019, palm.hr was founded by Richard Schrems, Christoph Czichna and Dragan Nikolic.