PaidHR Secures $1.8M Seed Funding with Accion Venture Lab Leading the Charge

Deal News | Jun 23, 2025 | Aim Group

PaidHR, an Africa-focused HRTech startup, has successfully secured $1.8 million in seed funding to boost its growth initiatives. Leading the investment was Accion Venture Lab, a prominent early-stage investor, with additional contributions from existing investors Zrosk, Chui Ventures, and Zedcrest Capital. Established in 2020, PaidHR aims to innovate the HR solutions landscape across Africa by providing technology-centric products and services. This new influx of capital positions the company to further enhance its offerings and expand its market presence within the continent's rapidly developing tech ecosystem.

Sectors

  • HR Tech
  • Venture Capital

Geography

  • Africa – PaidHR is an Africa-focused company, indicating the geographical market targeted for its HRTech solutions and where the investment impacts are concentrated.

Industry

  • HR Tech – PaidHR operates within the HR Tech sector, leveraging technology to innovate traditional human resources practices and streamline HR operations.
  • Venture Capital – The involvement of Accion Venture Lab, a venture capital firm, and other investors highlights the venture capital industry's role in funding startup growth.

Financials

  • $1.8M – The total seed funding amount raised by PaidHR in this financing round.

Participants

NameRoleTypeDescription
PaidHRTarget CompanyCompanyAn HRTech startup in Africa seeking to transform HR practices through technology.
Accion Venture LabLead InvestorCompanyAn early-stage investor focusing on inclusive financial services and leading this seed funding round for PaidHR.
ZroskInvestorCompanyAn existing investor in PaidHR participating in the seed round.
Chui VenturesInvestorCompanyAn existing investor in PaidHR participating in the seed round.
Zedcrest CapitalInvestorCompanyAn existing investor in PaidHR participating in the seed round.