Humi

Cloud-based HR solutions for SMBs

Toronto, Ontario, Canada

About Humi

Humi offers a cloud-based platform that provides various Human Resources (HR) solutions for small to medium-sized businesses (SMBs). Its tools include payroll management, time-off tracking, performance reviews, and recruitment, all aimed at streamlining HR processes. Humi operates on a subscription model, allowing clients to access its services online with different pricing tiers based on their needs. The company focuses on reliability and aims to enhance digital transformation in workplace management for its clients.

Toronto, CanadaHeadquarters
2016Year Founded
$40.6MTotal Funding
ACQUISITIONCompany Stage
Consulting, Enterprise SoftwareIndustries
51-200Employees

Benefits

Flexible hours
Equity
Health benefits
Health & wellness
Remote friendly
Longer weekends
Office life & activities
Time off

Risks

Employment Hero's acquisition may lead to strategic shifts alienating existing customers.
Integration with Employment Hero's platform might face technical challenges affecting reliability.
Humi's expansion through acquisitions could lead to integration issues affecting service quality.

Differentiation

Humi offers a comprehensive cloud-based HR platform tailored for Canadian SMBs.
The platform integrates payroll, time-off tracking, and performance reviews seamlessly.
Humi's subscription model provides flexible pricing tiers for diverse business needs.

Upsides

Humi's acquisition by Employment Hero can enhance product development and market reach.
The partnership with DMZ offers insights and innovation opportunities from startups.
Humi's Innovation Partner Program fosters collaborations for product innovation and engagement.

Funding

Total raised$40.61 M
Latest valuation$100.00 M
StageACQUISITION