2 years ago

Jisr Raises $30 Million in Series A Funding Led by Merak Capital

  • Jisr, a Saudi-based HR technology platform, has secured $30 million in Series A funding led by Merak Capital

  • This investment marks the largest Series A round for a SaaS company in the Middle East

  • Jisr, founded in 2016, serves over 3,000 clients and manages payroll transactions exceeding SAR10 billion across various industries

  • The company aims to use the funding to expand its product offerings and support organizations in optimizing their human capital.

      • ProblemTechnology

      "Many organizations in Saudi Arabia use multiple platforms for HR management, making it difficult to manage their human capital effectively."

      Solution

      "Jisr provides a unified platform that combines all HR operations into one system, simplifying HR management for organizations. This includes features for recruitment, management, payroll processing, and more."

      Covered on