Humi is a Canadian all-in-one HR, payroll, benefits and performance management platform. The platform targets small and medium-sized enterprises (SMEs), and focuses on assisting businesses in hiring within Canada. The company also offers features to track employee hours for payroll purposes, and is able to auto-generate reports based on it. In 2023, the company launched ‘Benefits+’, claiming to eliminate benefits administration work. Further, the company also offers business insurance features via its partnership with B2B insurance provider, Foxquilt.
In August 2022, Humi acquired Ameego, a Canadian scheduling software developer, to add scheduling functionality to Humi’s HR product suite. Ameego uses data gathered from its customers’ point of sale (POS) solutions to create optimized labor schedules. Ameego also automates processes such as sales and labor forecasting and reporting, shift trade and change requests, and information flow through POS integrations.
Humi generates revenue through monthly subscriptions per user starting at CAD 8 (~USD 6). For businesses with less than ten employees, Humi offers flat rate pricing, ranging from CAD 119-149 (~USD 87-109).
Key customers and partnerships
As of April 2024, the company served ‘thousands of Canadian companies’ notably including Tim Hortons, BitBuy and Golf Canada.
In May 2021, the company launched its marketplace which enables benefits administrators to access third-party benefits tools from partner companies such as Willful, PocketPills, Inkblot, Common Wealth, and Phyxable.
Funding and financials
In its latest funding round (May 2022), Humi raised CAD 31 million (~USD 24 million) in Series B funding led by Kensington Capital Partners. Funds raised were earmarked for platform development, which includes improvements to its mobile platform and features such as scheduling and integrated health benefits.
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