IEG Middle East advised ZenHR on raising growth capital led by KSA based investors, a transaction that was upsized due to high demand and conducive market conditions.

IEG Middle East assisted in running a full process, producing pitch decks and other financial documents identifying and approaching potential investors, in addition to managing the roadshow, negotiating investment documents, and overlooking the due diligence process.

The raise resulted in the expansion of ZenHR’s operations across the GCC in general and specifically in Saudi Arabia

Company overview:

ZenHR is a leading regional Human Resource Management System that quickly became a category leader covering the full acquire-to-retire journey.

The company provides a transformative HRMS on a SaaS model and operates in over 12 countries in the MENA region, servicing thousands of SMEs and enterprise customers. ZenHR has won thus far over 100+ prestigious awards validating the company’s reputation and achievements as a top-tier provider of HRMS solutions in the region.