Imagine a workplace, where every aspect of HR operations is seamless. Setting OKRs is a cakewalk. Employee onboarding is friction-free. Employee HR needs are met with a click.
Imagine a workplace where, as an HR professional, your time is invested working on strategic programs instead of always being stuck with super-tactical HR work.
Imagine a workplace where your organization looks no less than a harmonious place with an engaged and highly productive workforce.
Wouldn’t that be amazing?
A workplace that is built on a solid bedrock of efficient and smooth HR operations and amazingly easy-to-use technology interfaces?
Well, that’s the vision HROne is bringing to life—creating workplaces where complexities are replaced by simplicity and efficiency.
And today, we’re thrilled to announce that we have received the second major boost to fuel this vision—HROne secured Pre-Series B funding led by our current investors, Insitor Partners and Prudent Investment Managers.
The big news was revealed in Jaipur, where we celebrated our Annual Day – a much-awaited retreat for the organization to contemplate and reflect on our progress.
This marks a significant milestone in our journey, reinforcing the trust our investors have in us and the unwavering support of our customers and employees.
“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
From Series A to Now: Progress made so far…
We have had incredible success since receiving our Series A funding – we witnessed tremendous growth and added several prestigious brands as cherished clients. We have firmly established our position in the HCM software sector, having been ranked 3rd out of 1.17 lakh software items in G2’s Best Software 2024 in the best customer satisfaction category.
We introduced more than 365 high-impact product features, including many AI use cases, in a single fiscal year, giving our clients an outstanding product experience
Being at the forefront of product innovation is something we at HROne take great pride in. We’ve succeeded in developing a remarkably straightforward, yet effective HRMS that effectively manages even the most complicated HR procedures. Being rated by G2 as the world’s most user-friendly HCM software speaks volume of how serious we are about our mission.
Since receiving our Series A funding, we have activated several hyper-growth charters for the organization. Gaining support from current investors for our Pre-Series B round was made possible by this period of hyper growth. Our ability to execute our plans flawlessly and fulfill our growth commitments has made it simple for our investors to decide to continue investing in us as we embark on this new chapter of our adventure.
How do we plan to utilize Pre-Series B Funding?
Product Innovation
Our goal at HROne has always been to provide our clients and end users with the easiest-to-use, yet powerful HR software possible.
In this age of Gen AI, HROne is standing by the crossroads that can change the course of how HR as a function creates impact for the organizations.
With this new investment, we’re on track to create a powerful AI-first HCM suite. While we bring this vision to life, we won’t compromise on our mobile-first approach, which is critical to HR Tech adoption in organizations. In fact, this investment will go into building more high value add features that can transform the impact an HR function can deliver for the organization.
All of these programs will run under the umbrella of HROne Labs and help us sustain our competitive edge when it comes to product superiority.
“We develop a community around the same goal of simplifying and streamlining HR, not simply software. The Pre-Series B money we were able to secure is a testament to the incredible journey we have taken and the steadfast support we have received from our consumers and investors.”
— Karan Jain
Scaling Up Our Operations
With this funding, HROne aims to focus on rolling out new strategic programs to sustain its hypergrowth phase. We’ll be using this Pre-Series B capital to scale up our operations to support the programs required to meet these goals.
At HROne, our philosophy has always been to establish a robust, sustainable, and long-lasting business, and this new investment will enable us to capitalize on this solid foundation.
Expanding Our Market Reach
At HROne, we’re already serving more than 1,500 clients across 20+ industries Haier, Muthoot Microfin, Lux Industries, Pathkind Labs, Sula Vineyards, Mr. DIY, Magicpin, Hero Housing Finance, and several other category leaders.
With this influx of investment, we’re primed to drive strategic programs to improve our market reach, target new segments, and expand our footprint in the current markets. We aim to achieve these targets by launching new product offerings and enhancing current offerings.
“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
Enhancing Customer Experience
Our clients have always been the epicenter of anything and everything we do at HROne. Drawing support from this fresh round of funding, in our pursuit of driving excellence in customer experience, we will relook at customer journey and build new programs to improve their experience across multiple touchpoints right from onboarding to support.
Product user experience continues to be our focus – we’ll leverage this investment into improving customer journeys across the product covering all modules, add-ons, integrations, marketplace, HR processes, and much more.
Building HROne Commune
Our mission at HROne has always been to provide the simplest and most powerful HR software solutions possible, enabling HR professionals to free up their time and mental space to achieve more at their workplace. This purpose has influenced our path and inspired us to create a community platform where users can interact, exchange ideas, and gain knowledge from one another. However, it goes beyond mere expansion; it involves spearheading a movement that unites us, our partners, consumers, and stakeholders. With this new round of funding, we’ll work on bringing this community together with more ground-breaking initiatives.
A Future of Trust and Hyper-Growth
This Pre-Series B financing is evidence of the faith our investors have placed in HROne, the steadfastness of our clientele, and the commitment of our workers, both former and present.
We’ve fulfilled the commitments we made during the initial funding round, and we’re prepared to do much more with this additional investment.
The funding also serves as a reminder to our investors of our dedication to creating a robust, long-lasting company. It translates into an even more seamless, user-friendly product with top-notch customer service for our consumers.
Additionally, it shows our commitment to fostering an environment where talent and careers are developed for our staff members.
One thing is evident as we look back on our trip, which includes the offsite in Jaipur as well as the longer route we took to get here: our success is a testament of commitment, perseverance, and unwavering pursuit of excellence.
With this new funding, we’re ready to scale new heights, innovate further, and continue delivering exceptional value. Here’s to the next chapter of our journey—onwards and upwards!