Diligence memo · auto-generated · as of July 2, 2026

PaidHR

PaidHR has raised $1.8M over 1 round; too few niche peers to rank its valuation yet.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

PaidHR operates in HR / Worktech, based in Nigeria, Africa. Nigerian startup PaidHR has raised a US$1.8 million seed round of funding to help it in its goal of transforming payroll and human resource management across Africa.

Sub-sector tags: hr/worktech.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

PaidHR has raised $1.8M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $1.8M on 2025-06-23.

Most recent recorded round closed around 2025-06-23.

Valuation (modeled)modeled

Provath models PaidHR at approximately $5.5M (range $1.6M–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

Last raise 12 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

Comparablesmixed

Capital scale ranks ahead of 86% of HR / Worktech peers (63 compared).

Modeled value ranks above 84% of those peers.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.