BravoHR raises seed funding from Zone Startups Vietnam and 1005 Ventures

HR tech startup and Zone Startups Vietnam portfolio company BravoHR has raised an undisclosed seed round from Zone Startups Vietnam and 1005 Ventures.

BravoHR is a technological application product that provides solutions for staffing and welfare management developed by O2 Financial. The HR-tech company officially launched in August 2018 and grown steadily since, improving and upgrading to new versions of the product to cater to the diversity and specificity in managing personnel corresponding to each corporate culture model.

“When BravoHR joined Zone Startups Vietnam, the advisory and support team of Zone Startups from Canada and Vietnam had a great understanding that the HR-tech market in Vietnam is still in its infancy so there are still many opportunities and potentials for development,” says Quynh Vo, Director of Zone Startups Vietnam. “Therefore, investing in BravoHR at an early stage as well as connecting businesses and partners to BravoHR is one of our priorities in the exploration of this market.”

BravoHR is currently partnered with a number of key clients including McDonald’s Vietnam, Philip Morris, 7-Eleven, PNJ Watch, On Point E-Commerce, trading company Idocean, Chubb Insurance, and Talentnet HR.

This first BravoHR capital fundraising also welcomed the participation of 1005 Ventures, an investment fund founded by former experts from Google, BCG, and Alibaba, with the mission to support startups in the fields of transportation, healthtech, and human resource management focused in the US, Europe, and Asia Pacific.

Unsplash: Scott Graham