Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
HR service
Global investment

HR service Hurma System received funding from the Pragmatech Ventures venture fund

11.05.2021
2 min read

HR service Hurma System: development prospects HR Tech

HR service Hurma System, developed in Ukraine, received investments from the venture fund Pragmatech Ventures. For the latter, this transaction was the first, as it was created quite recently. The amount of financing is from 500 thousand to 2 million dollars.
Hurma System is developing products for the HR segment. The service helps to automate a number of processes, optimize operations and facilitate the activities of HR departments. The received funds will be used by the company for platform development. In addition, Hurma System plans to enter the international market with a competitive product.
Hurma System service appeared in 2018. It includes several areas: automation of processes of HR managers and recruiters, manages targets or OKR, and helps to assess the efficiency of employees and their professionalism.
The Hurma System is used by more than 500 companies in various directions and about 60 thousand users. Among them are such well-known Ukrainian brands as Banda Agency, Yalantis, Sendpulse, HYS Enterprise and others.

HR service

The founder of the Pragmatech venture fund is Yevhen Sergeev. According to him, HR-segment has become a popular area, which requires investments for development. According to statistics, HR Tech annually increases its pace by 14%, and this trend has been observed for 5 years. The similar dynamics will be observed till about 2025. Therefore, HR Pragmatech is interested in investing in such developments. The company considers Hurma System to be one of the leaders of the domestic market and sees it soon on the world market.
The sphere of activity of the Pragmatech Ventures venture fund is financing B2B SaaS projects. Investments are made in the early stages of development, the main audience – startups from Central and Eastern Europe, which are engaged in the development of Enterprise Software. The foundation also has its own division, Pragmatech Studio, which is engaged in the search and development of new business ideas. The Startup Studio is a place where entrepreneurs can share their vision of technological development and exchange experiences.
Hurma System is the first service created in Ukraine, which includes the entire HR and recruiting process. The functionality gives an opportunity to attract a suitable applicant, to adapt it to the new work and features of the company. The service also contains tools for analytics of employees’ work, recommendations for their retention. A specialist can manage goals, compare certain data, and build the HR department’s activity on their basis. In addition, Hurma System has methods of gamification and continuous feedback, which play an important role in the development of the company, strengthening and expanding its position. The OKR tool allows you to understand the situation with productivity and efficiency.

Tags: Global investment
0
Previous Post Direct listing as a beneficial alternative to an IPO Next Post The African economy is suffering from new cases of COVID-19

You Might Also Like

volocopter
Global investment
German startup Volocopter raises €200m in funding round
07.12.2021
Sony Group
Global investment
Japan’s Sony Group announced a new development strategy
25.02.2022
OpenSea NFT platform
Global investment
OpenSea’s NFT platform hits the $13.3 billion mark
25.06.2022
Rivian R1T
Global investment
American electric car manufacturer Rivian has attracted $25 million
18.09.2021
self-driving cars developer Cruise
Global investment
Microsoft has partnered on an autonomous vehicle project
28.10.2021
Intel company
Global investment
U.S. Intel invests $20 billion to expand microchip production
17.12.2021

Recent Posts

  • 1DoorDash
    How DoorDash food delivery service succeeded in the U.S. market
    29.06.2022
  • 2Performance marketing-1
    What you need to know about performance marketing: its trends
    28.06.2022
  • 3Counterparty risk definition
    Counterparty risk: when it is important to measure its level
    27.06.2022
  • 4Inflation in Europe
    Inflation in Europe to outpace that in the US: analysts forecast
    26.06.2022
  • 5OpenSea NFT platform
    OpenSea’s NFT platform hits the $13.3 billion mark
    25.06.2022

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • William O’Neill – author of a unique trading strategy

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

billionaire John DeJoria
John DeJoria: from a homeless man to a billionaire
30.06.2022
DoorDash
How DoorDash food delivery service succeeded in the U.S. market
29.06.2022
Performance marketing-1
What you need to know about performance marketing: its trends
28.06.2022

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • William O’Neill – author of a unique trading strategy
  • World financial services and public literacy
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics