Singapore HR tech firm secures funding

HR technology is becoming big business as a Singapore-based startup is the latest to raise seed capital for expansion.
By: | September 2, 2019
Topics: Digital Transformation | HR Technology | News | Singapore

Home-grown HR software company StaffAny has been given $1 million in funding from an investment company and angel investors. The startup created a workforce management app that connects HR and operations to better manage hourly workers. It is proving a hit in the labour-intensive food and beverage (F&B) and retail sectors.

StaffAny was co-founded in early 2018 by four friends – alumni of the National University of Singapore (NUS) Overseas Colleges (NOC) Programme. It has previously received grant funding totalling $75,000 from investors including NUS, Enterprise SG and StartupX – a pre-accelerator programme in partnership with Singapore’s investment company, Temasek.

The fresh injection of $1 million, from technology investment company FreakOut Holdings and angel investors, will be used to support the company’s growth and expansion plans. StaffAny aims to get 10% of Singapore’s F&B market share, and then expand overseas.

Its software schedules staff and provides an on-site time clock, smart time sheets, leave applications and real-time reports.