Humi

Humi

Cloud-based HR toolkit for SMBs

Overview

Humi provides a cloud-based human resources platform that helps small and medium-sized businesses manage HR tasks in one place. It offers integrated tools for payroll, time-off tracking, performance reviews, and recruitment, all accessible online so clients can use them from anywhere. The product works as a subscription service; customers pay a recurring fee and choose pricing tiers based on their business size and needs, giving them access to the different HR modules and features. Humi differentiates itself by offering an all-in-one HR suite with reliable uptime and a focus on SMBs, along with scalable pricing that fits smaller organizations. The company aims to reduce administrative work and streamline HR processes, helping businesses digitize and improve efficiency in workplace management.

YC Company

About Humi

Simplify's Rating
Why Humi is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Company Size

51-200

Company Stage

Acquired

Total Funding

$119.3M

Headquarters

Toronto, Canada

Founded

2016

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Simplify's Take

What believers are saying

  • Employment Hero's US$69.6M acquisition grants access to global innovations.
  • Ameego acquisition bolsters scheduling for clients like Tim Hortons.
  • Time Tracking launch on August 02, 2023, streamlines project workflows.

What critics are saying

  • Employment Hero integration disrupts services for SME customers in 6-12 months.
  • Australian ownership erodes Canada compliance, driving churn to BambooHR in 12-24 months.
  • Employment Hero's distress cuts R&D, letting Dayforce seize share in 18-36 months.

What makes Humi unique

  • Humi delivers Canada-specific payroll compliant across provinces except Quebec.
  • Humi integrates HR, payroll, benefits, and recruiting in one platform for SMBs.
  • Humi tailors features like SRED tax credits for Canadian startups.

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Funding

Total Funding

$119.3M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Flexible hours

Equity

Health benefits

Health & wellness

Remote friendly

Longer weekends

Office life & activities

Time off

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

3%
e27
Jan 9th, 2025
Employment Hero expands to Canada with US$69.6M acquisition of Humi

Thousands of Humi's SME customers will gain access to Employment Hero's all-in-one platform for payroll, HR, and benefits

BetaKit
Jan 8th, 2025
Humi acquired by Australian HR software company Employment Hero

Toronto-based Humi has been acquired by fellow HR software company Employment Hero, as the embattled Australian company looks to gain a foothold in Canada.

News Media Canada
Oct 3rd, 2024
Humi Launches Innovation Partner Program to Support the Growth of Canadian Businesses

Humi launches Innovation Partner Program to support the growth of Canadian businesses.

Golf Canada
Apr 5th, 2024
Humi becomes official partner of Golf Canada

Golf Canada and Humi announced a multi-year integrated partnership that will see Humi become the official payroll, human resources, and benefits partner of Golf Canada.

Business Wire
Jan 17th, 2024
Humi Joins Dmz As Services Partner Offering Startups Exclusive Incentives To The Best-In-One Payroll, Hr, And Benefits Platform

TORONTO--(BUSINESS WIRE)--Humi, the leading best-in-one people solution for Canadian businesses, is proud to announce an exclusive services partnership with DMZ, a world-leading startup incubator based at Toronto Metropolitan University that equips the next generation of tech entrepreneurs with the tools needed to build, launch and scale highly impactful startups. With Humi’s proven track record serving thousands of Canadian companies, this collaboration will build a strong foundation for innovation in the Canadian startup ecosystem while prioritizing support for Black-owned and women-owned startups in the DMZ community. In their mission to help businesses employ 1 million Canadians, Humi is excited to extend their support to accelerators and their community of entrepreneurs. To best support DMZ’s community in streamlining their people operations, Humi is offering incentives for DMZ startups to access its best-in-one payroll, HR, and benefits solution, including allowing companies to manage their SRED tax credit applications seamlessly. Humi will take care of technical reports, review claims and eligibility, and ensure all possibilities are explored to maximize a claim

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