SmartHR raised $140 million in a funding round led by KKR, with strong demand due to its SaaS platform aiding HR and operations management, reaching $100 million ARR by February 2024.
Investors are actively supporting HR tech companies like SmartHR as seen in the success of Rippling, Gusto, and Deel, reflecting the growing market estimated at $81.84 billion by 2032.
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