Saudi HR Tech Platform palm.hr Closes $5M Pre-Series A Co-Led by RAED and Speedinvest
Saudi Arabia-based HR tech platform palm.hr has closed a $5 million pre-Series A round co-led by Speedinvest and RAED Ventures, with Wamda Capital participating. The platform handles onboarding, time and vacation tracking, payroll and offboarding. Proceeds will fund regional
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palm.hr operates an HR tech platform covering onboarding, time and vacation tracking, payroll and offboarding, built to comply with local standards and regulations. The $5 million pre-Series A round was co-led by Speedinvest and RAED Ventures, with participation from Wamda Capital.