Beacon Venture Capital (Beacon VC), KASIKORNBANK’s venture capital arm, has invested in the Series A funding round of HumanSoft, a Thai startup that provides an HR management platform. The move aims to expand the platform’s capabilities and elevate the HR management (HRM) experience for small and medium-sized enterprises (SMEs), allowing them improved access to software solutions that enhance HR management efficiency.
Mr. Thanapong Na Ranong, Managing Director of Beacon Venture Capital, said, “HR management platforms play a crucial role in enabling Thai SMEs to thrive and be agile in the digital age. Effective HR management is essential for any business. However, employee management is becoming ever more complex and detailed, especially in today’s digital work environment. By utilizing technology-driven tools, entrepreneurs can enhance business capabilities while also preparing themselves to adopt AI technology, which will play an increasingly significant role in advancing their future operations.”
Recognizing this trend, Beacon VC has decided to invest in the Series A funding round of HumanSoft Co., Ltd., a Thai startup providing a human resources management platform. This investment aims to support the development of a platform that can help ease the burden of Thai entrepreneurs in managing their employees, through HumanSoft’s software solutions. This system has been designed for ease of use and covers all aspects of personnel management, including time tracking, leave approval, payroll calculation, benefits computation, and other critical HR functions. Beacon VC’s objective is to give entrepreneurs easier access to technologies that enhance the agility and efficiency of personnel management, allowing them to focus more on their core business. This, in turn, will contribute to the growth of SMEs, which play a crucial role in helping the country’s economy reach its fullest potential.