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Humi by Employment Hero logo — Where Canadian employment lives. Welcome to Canada's only p...

Humi by Employment Hero

Where Canadian employment lives. Welcome to Canada's only platform for payroll, HR, benefits, and SR&ED.

Founded 2016 Canada Toronto, Canada 124 employees Series B Total: $58.11M Insurtech, SaaS +1

General Information

Company Name Humi by Employment Hero
Founded Year 2016
Location Canada Toronto, Canada
Employees 124
Industries Insurtech, SaaS, Human Resources
Funding Stage Series B
Social

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About Humi by Employment Hero

Humi by Employment Hero, founded in 2016, is a pioneering player in the Insurtech and SaaS sectors, primarily focusing on Human Resources. Headquartered in Canada, the company has carved out a distinctive niche as Canada's only platform that seamlessly integrates payroll, HR, benefits, and SR&ED services.

The company received a substantial boost with a $25.00M Series B investment on May 25, 2022, attracting a blend of strategic investors such as 7BC Venture Capital, Struck Capital, Telus Ventures, and others. This funding round underscores Humi's strong traction and positions it for accelerated growth in a competitive market.

Given its unique positioning and robust backing by notable investors including Flexcap Ventures and Tribe Capital, Humi by Employment Hero presents a compelling proposition for further investment in the ever-evolving HR technology landscape.

Business keywords: HR software, cloud-based solutions, payroll management, employee benefits, small business support, mid-sized business solutions, HR management, scalable business solutions, SR&ED, efficiency tools, HR solution for Canada

Services & Products

HR Management
Payroll
Benefits Administration
Hiring and Recruitment
Performance Reviews
Time Tracking

Target Customers

Small Businesses Mid-Sized Businesses Large Enterprises HR Professionals Finance Teams Business Owners Managers Employees

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $6.00M -
25 May 2022
Series B $25.00M 9
7BC Venture Capital Struck Capital Telus Ventures
7BC Venture Capital, Struck Capital +7
25 May 2022
Debt Financing $1.90M 1
FedDev
FedDev
31 Mar 2021
Series A $12.00M 4
Y Combinator Struck Capital Rubicon Venture Capital
Y Combinator, Struck Capital +2
23 Jun 2020
Debt Financing $3.00M -
23 Jun 2020
Venture Round $10.21M -
28 Oct 2019
Series A Undisclosed 1
RJ Jones
10 Oct 2019
Seed Round Undisclosed 10
Y Combinator Struck Capital ACME Capital
Y Combinator, Struck Capital +8
21 Mar 2017
Seed Round Undisclosed 1
Ontario Centres of Excellence
Ontario Centres of Excellence
02 Sep 2016

Humi by Employment Hero Alternatives & Competitors

Humi by Employment Hero vs
Gusto
Gusto United States

On a mission to grow the small business economy with technology and heart. Trusted by 500K+ business...

Venture round
4494 employees
Enterprise Software, Financial Services
Humi by Employment Hero vs
Zelt
Zelt United Kingdom

The modern HRIS that unifies HR, Payroll & IT. One source of truth for your employee data.

Series A
55 employees
Financial Services, SaaS
Compare Humi by Employment Hero vs Zelt
Humi by Employment Hero vs
PrismHR
PrismHR United States

The leading technology platform powering payroll, benefits and HR for small and medium-sized busines...

Private Equity
458 employees
Computing, SaaS
Also compare with: Humi by Employment Hero vs CharlieHR CharlieHR

FAQ About Humi by Employment Hero

Where Canadian employment lives. Welcome to Canada's only platform for payroll, HR, benefits, and SR&ED.
Humi by Employment Hero was founded in 2016.
Humi by Employment Hero is headquartered in Toronto, Canada.
Humi by Employment Hero operates in Insurtech, SaaS and Human Resources. Its work centres on HR software, cloud-based solutions, payroll management and employee benefits. Its customers include Small Businesses, Mid-Sized Businesses and Large Enterprises.
Humi by Employment Hero has approximately 124 employees.
Humi by Employment Hero has completed 9 funding rounds, raising a total of $58.11M. The latest funding stage is Series B.
Humi by Employment Hero offers: HR Management, Payroll, Benefits Administration, Hiring and Recruitment, Performance Reviews, Time Tracking.
Top alternatives and competitors to Humi by Employment Hero include Gusto, Zelt, PrismHR, Paycor, Namely. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Humi by Employment Hero and Gusto are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Humi by Employment Hero, https://bouncewatch.com/company/humi, updated 30 April 2026. When citing, please name BounceWatch and link this page.

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