Humi

Humi

Cloud-based HR solutions for SMBs

About

Humi provides a cloud-based platform that offers a range of Human Resources (HR) solutions tailored for small to medium-sized businesses (SMBs). The platform includes tools for payroll management, time-off tracking, performance reviews, and recruitment, all designed to simplify HR processes and reduce administrative tasks. Clients can access these features online, allowing them to manage HR functions from anywhere. Humi operates on a subscription-based model, where businesses pay a recurring fee for access to the platform, with different pricing tiers based on their size and needs. This model not only generates steady revenue but also supports ongoing improvements to the service. Humi distinguishes itself from competitors through its high reliability and uptime, which are essential for businesses that rely on these HR tools for daily operations. The goal of Humi is to enhance the efficiency of HR management for SMBs, facilitating their digital transformation in workplace management.

Company Stage

Acquired

Employees

51-200

Industries

Consulting, Enterprise Software

Total Funding

$40.6M

Headquarters

Toronto, Canada

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • Humi's acquisition by Employment Hero can enhance product development and market reach.
  • The partnership with DMZ offers insights and innovation opportunities from startups.
  • Humi's Innovation Partner Program fosters collaborations for product innovation and engagement.

What critics are saying

  • Employment Hero's acquisition may lead to strategic shifts alienating existing customers.
  • Integration with Employment Hero's platform might face technical challenges affecting reliability.
  • Humi's expansion through acquisitions could lead to integration issues affecting service quality.

What makes Humi unique

  • Humi offers a comprehensive cloud-based HR platform tailored for Canadian SMBs.
  • The platform integrates payroll, time-off tracking, and performance reviews seamlessly.
  • Humi's subscription model provides flexible pricing tiers for diverse business needs.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-1%

2 year growth

1%

Benefits

Flexible hours

Equity

Health benefits

Health & wellness

Remote friendly

Longer weekends

Office life & activities

Time off

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