HROne, an HR automation platform, announced its Pre-Series B funding round of $4 million (₹ 33 crores), led by current investors Insitor Partners and Prudent Investment Managers.
The newly raised funds will be used to elevate the customer experience across multiple touchpoints right from customer onboarding to product experience to support services. The funds will be used in product development with the support of HROne Labs.
“Our continued investment in HROne reflects our confidence in their strategic approach and exceptional execution. The team’s focus on maintaining a customer-first philosophy positions them uniquely to lead the HR tech revolution. We look forward to the groundbreaking advancements they will bring, driving substantial impact and delivering unparalleled value to their customers and users,” Nicholas Lazos, Co-Founder and CIO, Insitor.
Karan Jain, Founder, HROne said, “We don’t just create software; we build a community driven by a shared vision of making HR simple and impactful. Securing this Pre-Series B funding underscores the remarkable journey we’ve embarked on and the unwavering support we’ve received from our investors, customers, and the HROne team.”
“HROne has continually demonstrated their ability to turn ambitious visions into tangible results. Their commitment to leveraging technology to streamline HR processes has not only transformed the market but has also set a new standard in the industry. We’re excited to support their next phase of innovation and hyper-growth,” Prashasta Seth. CEO, Prudent Investment Managers.
Since its Series A funding, the startup has witnessed tremendous growth and acquired several top brands as its customers. By earning 3rd rank in G2’s Best Software Products 2024 rankings in the best customer satisfaction amongst 1.17 lakh software products, the HR tech leader has stamped its authority in the HCM software category.
The startup also launched 365+ high-impact product features including several AI use cases, in a single FY, paving the way for a great product experience for its customers. HROne has been at the forefront when it comes to product innovation – the startup has excelled in building an extremely simple, yet powerful HRMS that can manage the most complex of HR operations. HROne has been ranked by G2 as the world’s easiest-to-use HCM software.
Today, HROne is the go-to solution for all HR automation needs for over 1500 brands across 20+ industries in India including Haier, Muthoot Microfin, Lux Industries, Pathkind Labs, Sula Vineyards, Mr. DIY, Magicpin, Hero Housing Finance, and several other category leaders.
With over 10+ offices across Chennai, Hyderabad, Mumbai, Delhi, Ahmedabad, Kolkata, and several others, the startup has been servicing customers pan-India. This funding will act as a catalyst for driving further expansion and increased growth as HROne aims to expand its market reach, improve its share in the current markets, and use a strategic approach to dominate new segments.
