- Funding led by Openspace Ventures, Hive Ventures of Taiwan and other investors
- Claims over 1k customers in MY, IN, SG manage payroll, compliance, staff engagement
BrioHR, a Malaysia-based HR tech software startup, today announced that it has raised USD$6.5 million (RM30 million) in Series A funding, marking a major step forward in the startup’s mission to revolutionise human resources for companies across Southeast Asia.
Led by Openspace Ventures and joined by Taiwan VC, Hive Ventures and other key regional investors, the round underscores investor confidence in Malaysia’s tech scene.
A strategic boost for Malaysia’s digital economy & SME growth
BrioHR’s all-in-one platform already helps over 1,000 companies in Malaysia, Indonesia, Singapore, and beyond manage payroll, compliance, and employee engagement with ease. With fresh capital in hand, the company plans to scale operations regionally and double down on AI innovation—making complex HR processes seamless and accessible for every business.
“It is a remarkable feat, especially as the funding environment has been tough since 2022. This investment will allow us to grow tenfold and help more companies in Malaysia and ASEAN to develop a best-in-class digital HR framework, creating a win-win for both companies and their employees”, said Benjamin Croc, CEO and co-founder of BrioHR.
He added, “The investment is also a testament that Malaysia is home to top talent and can create and nurture regional and global leaders in technology. Our platform is a step up in how companies can digitise all their HR processes with a unique focus on the end-users, our unique UI/UX making it easy to adopt and use the platform across the company for maximum performance.”
Vote of confidence in Malaysia’s tech ambitions
The announcement comes as Malaysia ramps up its efforts to position itself at the heart of a US$$2 trillion ASEAN digital economy by 2030.
“As we continue to establish our presence in Malaysia, we are excited to make a fresh investment in the country with the funding of BrioHR – a homegrown leader in HRMS and payroll solutions. With a suite of products designed specially to meet the needs of regional businesses, they have been able to demonstrate impressive growth and retention to this point,” said Hian Goh, co-founder and partner of Openspace.
Croc added that BrioHR’s successful Series A raise is not just a win for the company—it’s a milestone for the region’s startup ecosystem and a powerful endorsement of Malaysia’s role as a digital innovation hub. As ASEAN economies evolve and SMEs seek smarter, faster ways to manage their workforce, BrioHR is well positioned to lead this transformation.
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