HRTech startup Verifix has raised $400,000 in investments
Author - Mansur Ismagulov
The Tech AI
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A total of $400,000 has been invested in the startup Verifix: $250,000 was invested by AloqaVentures, and $150,000 by IT Park Ventures. The platform is focused on the Central Asia and Caucasus markets, automating time tracking, payroll calculation, and performance management. The solution helps companies optimize HR processes and reduce costs, addressing the issue of lost productivity, which costs $4 billion annually in the region.
A total of $400,000 was jointly invested in the startup Verifix, with $250,000 contributed by AloqaVentures and $150,000 by IT Park Ventures.
Verifix is a modern HRTech platform focused on the Central Asian and Caucasus markets, helping companies manage their workforce. The solution automates time tracking, payroll calculation, employee performance management, and document flow.
The startup addresses a $4 billion annual efficiency loss in the region by providing companies with tools to optimize HR processes, improve discipline, and reduce costs.
Source: AloqaVenture
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