HR platform Swingvy raises US$7m in Series A round led by Samsung Ventures

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HUMAN resources (HR) platform startup Swingvy has raised US$7 million (see amendment note) in a Series A round led by Samsung Venture Investment Corporation (Samsung Ventures), Samsung Group's venture capital business. Read more at The Business Times.

in a Series A round led by Samsung Venture Investment Corporation , Samsung Group's venture capital business.

Samsung Ventures led the round with participation from UK insurer Aviva's venture capital arm, Aviva Ventures, and Bass Investment. Existing investors Walden International and Big Basin Capital also participated, bringing total funding to US$8.6 million.Singapore-headquartered Swingvy will use the fresh funds to accelerate growth and expansion into Asia-Pacific starting with Taiwan, and grow the team for ongoing product innovation and development.

“While HR tech is a fast-growing sector in the US, it has not been highlighted in the Asia-Pacific region especially for small companies. They often struggled with manual HR processes or using complex and expensive software,” said Jin Choeh, co-founder and CEO of Swingvy.

 

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HR platform Swingvy raises S$7m in Series A round led by Samsung VenturesHUMAN resources (HR) platform Swingvy has raised S$7 million in a Series A round led by Samsung Venture Investment Corporation (Samsung Ventures), Samsung Group's venture capital business. Read more at The Business Times.
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