Türkiye-based HR software company idenfit has secured a USD 1.5 million investment in a funding round led by Pragma Capital Partners (PCP) and participated by the Türkiye Development Fund, Domino Ventures, StartersHub, and Datassist.
The USD 1.5 million investment will be utilized to accelerate idenfit's growth in international markets and enhance its product platform.
Idenfit has made a name for itself with its HR software, which consolidates all HR processes on a single platform, offering HR departments considerable time savings. The platform handles such HR processes as shift management, leave management, and performance management.
Commenting on the investment, idenfit Founder Nazım Onur Bayındır expressed his delight in joining forces to create a global HR and workforce management platform, noting how eager they are to continue their efforts.
This investment follows idenfit's previous funding round in September 2023, when the cloud-based HR software company raised investment from Datassist valued at USD 6 million.