KKR and Teachers’ Venture Growth Lead US$140 Million Series E Round in Leading Japanese Cloud-Native Human Resources Software Platform SmartHR
July 1, 2024
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The investment will be used to accelerate SmartHR’s growth, including through the development of new solutions, talent acquisition, and organic and inorganic growth strategies.
Founded in 2013, SmartHR is a cloud-native human resources management platform that provides a suite of tech-enabled human resources management solutions, which are focused on employee management and administration, growth, talent management, and employee productivity. Through its comprehensive range of solutions, SmartHR serves a diversified spectrum of businesses including large enterprises and SMEs.
KKR makes its investment as part of its Asia Next Generation Technology (Asia NGT) strategy. This marks KKR’s latest technology investment in
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of
About Teachers’ Venture Growth
Teachers’ Venture Growth (TVG) focuses on late-stage venture and growth equity investments in cutting-edge technology companies worldwide. We partner with founders with bold missions, looking to expand their product offering, scale geographically, and become the leaders in their markets. We bring long-term thinking and active investing to help build better businesses and a better world. We think globally and act locally through our direct presence across
TVG is part of the
Our more than 450 investment professionals operate in key financial centres around the world and bring deep expertise in a broad range of sectors and industries. We are a fully funded defined benefit pension plan and have earned an annual total-fund net return of 9.3% since the plan’s founding in 1990. At Ontario Teachers’, we don’t just invest to make a return, we invest to shape a better future for the teachers we serve, the businesses we back, and the world we live in.
For more information, visit otpp.com/teachersventuregrowth and follow us on LinkedIn.
About SmartHR
SmartHR was established on
Furthermore, SmartHR provides a wide range of services that meet diverse customer needs through extensive integration with external systems and the application store “SmartHR Plus.” SmartHR aims to eliminate social issues related to labor and support the improvement of productivity for all workers, striving to create a society where everyone can work in their own way.
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For KKR Asia Pacific
+65 6922 5813
WeiJun.Ong@kkr.com
For Teachers’ Venture Growth
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Source: KKR
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