Nigerian HR-tech startup PaidHR has raised $1.8 million in seed funding to deepen its mission of simplifying payroll and workforce management for African businesses. The round, announced June 23, was led by Accion Venture Lab, with participation from returning investors Zrosk, Chui Ventures, and Zedcrest Capital.
The new capital follows a $500,000 pre-seed round in 2022. It will be used to accelerate product development, grow the team, scale across Africa, and expand offerings in compliance automation, HR analytics, and employee financial wellness.
As African businesses increasingly digitalize operations amid economic uncertainty, PaidHR positions itself at the center of a rising need for intuitive, scalable, and inclusive workforce solutions.