Humand raised US$66 million to accelerate its expansion and improve internal communication in companies
Humand, an HR Tech platform founded by Argentinians Nicolás Benenzon and Gerónimo Maspero, raised US$66 million in a Series A funding round to expand its operations and enhance internal communications for businesses.
Humand, a rapidly growing HR Tech platform founded in Argentina by Nicolás Benenzon and Gerónimo Maspero, has successfully closed a Series A investment round, raising US$66 million. This funding round has been recognized by Nasdaq as one of the largest in its category in Latin America, underscoring the significance of Humand's growth trajectory in the tech landscape. The platform is currently utilized by over 1,500 companies across 51 countries, reflecting its widespread appeal and potential for further expansion.
The investment round was led by prominent venture capital firms, including Kaszek Ventures from Latin America and Goodwater Capital from the United States. Notably, this funding also attracted several high-profile investors, including Marcos Galperin, the founder of Mercado Libre, along with other notable entrepreneurs from prestigious tech companies such as Dropbox, Rappi, Lyft, and Vercel. This diverse group of investors not only strengthens Humand's financial backing but also brings a wealth of experience and networking opportunities, which could be crucial for the company's continued growth and innovation in the competitive HR Tech market.
As Humand focuses on enhancing internal communication within organizations, the successful funding can facilitate accelerated product development and marketing strategies that will likely enhance user experience and broaden their market presence. This event signifies not only a milestone for Humand but also highlights the increasing investor confidence in the HR Tech sector within Latin America, suggesting a robust future for such startups in the region.