About palm.hr
palm.hr is a company based in Riyadh (Saudi Arabia) founded in 2017. It operates as a SaaS (Software-as-a-Service) and Managed Services. palm.hr has raised $5 million across 2 funding rounds from investors including Speedinvest, RAED Ventures and Wamda Capital. palm.hr offers products and services including HR Management Platform, Attendance Tracking, Payroll Automation, and Concierge Services. palm.hr operates in a competitive market with competitors including Gusto, Paychex, ADP, TriNet and Humi HR, among others.
- Headquarter Riyadh, Saudi Arabia
- SectorsTechnology
- Email••••••••
- Website palmhr.net
- Social LinkedIn X Facebook Instagram
- Legal Name Palmhr Llc
- Total Equity Funding$5M (USD)
in 2 rounds
- Latest Funding Round$5M (USD), Seed
Feb 2023
- InvestorsSpeedinvest
& 3 more
Products & Services of palm.hr
palm.hr offers a comprehensive portfolio of products and services, including HR Management Platform, Attendance Tracking, Payroll Automation, and Concierge Services.
Centralized HR data management for employee profiles provided.
Time tracking and shift scheduling are efficiently managed.
Payroll processes are automated for accuracy and compliance.
HR outsourcing services are provided by dedicated experts.
Apps and channels of palm.hr
palm.hr publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of palm.hr
palm.hr has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5M
- Total Rounds 2
- Last Round Seed — $5M
- Investors Count 4
All 2 funding rounds of palm.hr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2023 | $5M | Seed | – | Speedinvest, Raed Ventures | |
| Aug 2021 | – | Seed | – | Nama Ventures | – |
4 investors in total: 4 institutional.
Investors in palm.hr
palm.hr has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Speedinvest, RAED Ventures and Wamda Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital and startup acceleration are provided. | 2011 | speedinvest.com | Vienna, Austria | |
Early-stage tech startups are invested in by Raed Ventures. | – | raed.vc | Riyadh, Saudi Arabia | |
Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE | – | wamdacapital.com | Dubai, United Arab Emirates | |
A venture capital fund focused on technology startups is operated. | – | namaventures.com | Riyadh, Saudi Arabia |
Investor details for palm.hr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of palm.hr
13 people are tracked at palm.hr (6 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Omar Koleilat | Chief Technology Officer | Leadership |
Christoph Czichna | Co-founder & VP Customer Success | Leadership |
Richard Schrems | Co-founder & CEO | Leadership |
Romina Karlberger | Head Of People & Engagement | Leadership |
Dragan Nikolić | Co-founder And VP Design & Experience | Leadership |
Don K. | VP Of Engineering | Leadership |
Malak Hammad | Customer Success Manager | Team |
Iva Dajic | Human Resources Associate | Team |
Ognjen Timin | UX Designer | Team |
Nadiah Alzhrani | Human Resources Specialist | Team |
Stefan Stojanović | Full-stack Web Developer | Team |
Jebryl A. | Key Account Manager/ Customer Success Manager | Team |
Dijana Djordjevic | Frontend Developer | Team |
Complete people profiles for palm.hr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of palm.hr
3 dated milestones of palm.hr across 6 years, from founding to its latest funding, stage changes and deals.
- Founded palm.hr is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $5.0M.
Competitors of palm.hr
palm.hr operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Paychex, ADP, TriNet and Humi HR, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| paychex.com | 1971 | New York, United States | – | 1,335 | Cloud-based HRMS solutions are delivered for payroll and employee management. | |
| adp.com | 1949 | Roseland, United States | – | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | |
| trinet.com | 1988 | Dublin, United States | $60M | 347,500 | Cloud-based HRMS platform is offered for small and medium businesses. | |
| humi.ca | 2016 | Toronto, Canada | $33.16M | 134 | Cloud-based HRMS platform is utilized for enterprise HR functions. | |
| joinhomebase.com | 2014 | San Francisco, United States | $157M | 165 | Workforce scheduling and time tracking are facilitated by Homebase software. | |
| paycor.com | 1990 | Cincinnati, United States | $449.89M | 584 | Cloud-based HRMS platform is provided for small and medium-sized businesses. | |
| rippling.com | 2016 | San Francisco, United States | $1.85B | – | Cloud-based HR management suite is provided for employee operations. | |
| personio.com | 2015 | Munich, Germany | $750.61M | – | Cloud-based HRMS platform is offered for small and medium-sized businesses. |
Detailed competitors of palm.hr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of palm.hr
The website of palm.hr (palmhr.net) receives about 6.8K visits a month.
- Monthly visits6.8K
▼ 20% vs previous month
Websites whose visitors overlap most with palm.hr. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dosoerp.com | 100% | 24.6K | #724,142 | View details | |
hr.my | hr.my | 78% | – | #156,805 | – |
phenixsoft.com | phenixsoft.com | 68% | – | #1,416,670 | – |
| google.com | 54% | 85.8B | #1 | View details | |
| idaratech.sa | 29% | – | #1,463,834 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for palm.hr
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Palm.Hr
Complete news archive for palm.hr
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to palm.hr
10 companies that operate in the same segment as palm.hr (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about palm.hr
palm.hr was founded in 2017 and raised its 1st funding round 4 years after it was founded.
palm.hr is headquartered in Riyadh, Saudi Arabia.
palm.hr is a funded company, having raised a total of $5M across 2 funding rounds to date.
An all-in-one HR software solution is offered by palm.hr, targeting SMEs in the Middle East. Employee data management, payroll automation, and attendance tracking are centralized through the platform. Integration with various third-party applications is supported to enhance functionality. Additionally, concierge services staffed by HR experts are provided to ensure compliance and efficiency. The focus is placed on streamlining HR operations and boosting productivity for businesses in the region.
palm.hr offers HR Management Platform, Attendance Tracking, Payroll Automation, and Concierge Services.
palm.hr has 4 investors. Key investors include Speedinvest, RAED Ventures, Wamda Capital, and Nama Ventures.
palm.hr operates through Palmhr Llc.
Yes. palm.hr publishes PalmHR and 1 more app, with over 10,000 downloads.