You are reading one round. Fundz also knows which of your own LinkedIn connections can open this account.See it live →
Talenteo secures pre-seed funding from Madica, marking the investor's first bet in Algeria. The HR and payroll platform for mid-sized companies across Francophone Africa joins four other startups in Madica's portfolio expansion.
Madica announced five new investments across African markets underserved by traditional venture capital, with Talenteo becoming its first investment in Algeria. Founded by Louai Djaffer, who previously ran recruitment platform Emplotic, Talenteo addresses payroll, records management, and administrative challenges faced by mid-sized companies across Francophone Africa. The funding represents Madica's continued expansion beyond Africa's traditional venture hubs of Nigeria, Kenya, South Africa, and Egypt. Talenteo joins fellow portfolio companies including Paysika in Cameroon, a digital bank targeting Central Africa.
Company Information
Company
Talenteo
Location
Algeria
About
Talenteo is an Algerian startup revolutionizing human resources management for African businesses through its robust SaaS platform. The platform leverages artificial intelligence, local labor laws, and process automation to streamline HR functions such as employee administration, payroll management, talent development, and regulatory compliance. Trusted by over 150 companies and over 10,000 active users, Talenteo aims to empower SMEs and mid-sized companies in Africa with digital transformation. The company is focused on establishing a presence in Tunisia and expanding its operations across key Francophone African markets.
Don't miss Talenteo's next move
Get an email the moment Talenteo raises, hires an exec, or expands, usually minutes after it happens.
AlgeriaSoftwareArtificial IntelligenceSaasEnterprise SoftwareHuman Resources