- money provided by Taiwanese investors Honey Ventures, Openspace Ventures, and others.
- claims that MY, IN, and SG manage pay, adherence, and employee relationship.
BrioHR, a startup focused on creating a workforce that is highly skilled in Malaysia, announced today that it has raised USD$ 6.5 million ( RM30 million ) in Series A funding, which represents a significant advance in the startup’s effort to revolutionize human resources for businesses in Southeast Asia.
The large, led by Openspace Ventures and joined by Taiwan VC, Hive Ventures, and another important regional owners, highlights investor confidence in Malaysia’s it field.
A corporate boost to Malaysia’s digital economy and SME growth
Over 1, 000 businesses in Malaysia, Indonesia, Singapore, and above are now able to manage payment, compliance, and employee commitment with ease thanks to BrioHR’s all-in-one platform. With new funding, the company intends to expand its operations locally and double down on AI innovation, making complex HR processes simple and accessible for all businesses.
It is a amazing accomplishment, especially given that the financing environment has been difficult since 2022. This investment does help us increase our twofold and help more businesses in Malaysia and ASEAN create a best-in-class modern Human construction, making it a win-win situation for both businesses and their people,” said Benjamin Croc, CEO and co-founder of BrioHR.
He continued,” The investment is a testament to Malaysia’s ability to produce and cultivate regional and global leaders in technology.” Our system is a stage up in how businesses can digitize all of their HR processes, with a particular emphasis on the end-users. Our platform’s UI/UX makes it simple to use and choose for the entire company for peak performance.
Vote of confidence in Malaysia‘s technology goals
Malaysia’s announcement comes as it intensifies its work to become the engine of a US$ 2 trillion ASEAN modern economy by 2030.
With the financing of BrioHR, a local leader in HRMS and pay solutions, we are excited to make a new investment in Malaysia as we continue to build our presence there. They have been able to demonstrate impressive growth and retention to this point thanks to a suite of products created specifically for regional businesses,” said Hian Goh, co-founder and partner of Openspace.
Croc continued, noting that BrioHR’s successful Series A raise is both a milestone for the region’s startup ecosystem and a powerful endorsement of Malaysia’s position as a hub for digital innovation. BrioHR is well positioned to lead this transformation as ASEAN economies evolve and SMEs look for smarter, faster ways to manage their workforce.