216 Capital Announces Strategic Investment in Talenteo, Algerian HR Tech Startup
A comprehensive SaaS HR and payroll management solution designed to meet the specific needs of African SMEs and ETIs.
A Human Resources Solution for the Continent's Demographic Boom
With over 1 billion active workers by 2030, Africa will become the largest talent pool in the world. With over 80% of jobs created by SMEs and ETIs, human resource management becomes a major performance, compliance, and competitiveness issue for businesses on the continent. It is in this context that Talenteo emerges as a local, adapted technological response to these challenges.
An Augmented, Simple, Intelligent, and Compliant HR Platform
Already adopted by over 10,000 active users and nearly 150 clients, Talenteo offers a SaaS platform integrating artificial intelligence, local legal references, and automation of key processes:
- Personnel Administration
- Time and Payroll Management
- Talent Development
- Regulatory Compliance
Thanks to its intelligent engine, Talenteo streamlines HR operations, automates time-consuming tasks, and enhances the ability of HRDs to anticipate in a constantly changing regulatory and economic environment.
"We believe that business success depends on investing in their teams. Talenteo was designed to support African businesses in digitalizing their HR management, serving their growth and impact," affirms Louai Djaffer, CEO of Talenteo.
An Investment to Accelerate Pan-African Expansion
In a market where demand for digitalized HR solutions is exploding, Talenteo takes a new step with a six-figure fundraising, led primarily by 216 Capital.
This investment enables:
- Establishment in Tunisia, the first step in regional expansion
- Technological reinforcement of the platform, particularly in AI
- Scaling up on several strategic HR markets in French-speaking Africa, initially
"Talenteo embodies exactly the type of innovation we support: a locally thought-out, scalable, and built to respond to the operational realities of African businesses, declares Dhekra Khelifi, Partner at 216 Capital Ventures.
