Beacon VC invests in Thai startup HumanSoft’s funding round

Beacon Venture Capital (Beacon VC), the venture capital arm of KASIKORNBANK, has invested in the Series A funding round of HumanSoft, a Thai startup that offers an HR management platform. The goal is to expand the platform’s capabilities and improve the HR management experience of small and medium-sized businesses (SME), allowing them better access to software solutions that improve the efficiency of HR management.

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 human resource management is essential for any business. However, employee management is becoming increasingly complex and detailed, especially in today’s digital work environment. By utilizing technology-driven tools, employers can enhance business capabilities while preparing to embrace AI technology, which will play an increasingly important 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 that offers a human resource management platform.

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This investment aims to support the development of a platform that can help ease the burden on Thai employers in managing their employees, through HumanSoft software solutions. This system has been designed for ease of use and covers all aspects of workforce management, including time tracking, leave approval, payroll calculation, benefit calculation, and other critical HR functions. Beacon VC’s goal is to make it easier for employers to access technologies that improve the agility and efficiency of workforce 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 full potential.

Atsadawut Jittasathien, Founder and CEO of HumanSoft Co., Ltd., said, “HumanSoft’s HR management platform is not only an innovative software that improves employee productivity, but also a crucial tool to empower and enhance the potential of SMEs to achieve sustainable growth. By simplifying and streamlining complex HR processes, business owners and their teams can focus more on developing and driving their business. In addition, it helps promote a positive corporate image and facilitates more effective strategic planning.”

By utilizing technology-driven tools, business owners can enhance business capabilities while preparing to adopt AI technology.

Atsadawut added that the investment through Beacon VC will allow HumanSoft to further develop its HR management platform to better meet the needs of SMEs, regardless of their size.

The company will also adopt AI technology to elevate HR management, helping Thai SMEs efficiently address challenges and seize future growth opportunities.