Humand Closes US$ 66M Round Led by Kaszek to Expand HR Platform in Brazil

Humand secured US$66 million in a Series A funding round that strengthens its position in the global HRtech market and accelerates its expansion in Brazil, the United States, and Asia.

The round was led by Kaszek Ventures, founded by Hernán Kazah and Nicolás Szekasy, and Goodwater Capital. The company also attracted participation from Newtopia VC, led by Mariano Mayer and Sacha Spitz, as well as Y Combinator.

Among the individual investors joining the cap table are Arash Ferdowsi, Sebastián Mejía, and Rajat Suri. Marcos Galperin, co-founder of MercadoLibre and its current chairman, also invested in the startup.

A growing HRtech focused on deskless workers

Founded by Argentine entrepreneurs Nicolás Benenzon and Gerónimo Maspero, both under 30, Humand operates in the HRtech segment with a clear focus: providing management and recruitment tools tailored to operational or “deskless” workers.

According to a 2020 study by Emergence Capital, nearly 80% of the global workforce fits this profile, employees who do not perform their duties at desks, in corporate offices, or with access to company email and computers.

Humand reports serving more than 1.6 million users across 51 countries. In Brazil, where the company launched operations roughly a year and a half ago, it already counts 150,000 users. Its client portfolio in the country includes companies such as Dia, Oxxo, MRV, Magazine Luiza, and Ogilvy.

Brazil becomes a strategic priority

The fresh capital injection will reinforce Humand’s Brazilian operations, which are set to become a top priority market.

“We see a significant growth opportunity in the Brazilian market due to its size, economic relevance, and strong demand for solutions that connect operational workers,” said Nicolás Benenzon, CEO of Humand, in an interview with Bloomberg Línea.

The company’s strategy includes expanding its local footprint, building a partner ecosystem in Brazil, and strengthening its direct sales team for corporate accounts. Humand projects a 174% revenue increase in Brazil this year, although it did not disclose absolute figures.

In terms of headcount, the Brazilian team is expected to grow from 20 professionals to 50 by December. Globally, Humand currently employs 420 people.

“If we achieve this level of growth, Brazil could potentially become our main market,” said Leandro Oliveira, Director for EMEA and Brazil.

How Humand’s platform works

Humand initially entered Brazil through corporate internal communication. The platform operates as a private social network with an interface similar to Instagram, lowering the technological barrier for workers in logistics, manufacturing, healthcare, and hospitality, sectors where employees often lack corporate email accounts or company-issued devices.

From that entry point, the company has expanded into additional HR functionalities, including an employee portal and talent and culture development tools. In total, the HRtech offers 20 modules ranging from chats and vacation management to goals and OKRs, attendance tracking, and internal announcements.

Currently, Humand’s main commercial argument in Brazil goes beyond communication to system consolidation.

“The operational employee, who does not have a corporate phone, ends up using their own device,” Oliveira explained. “When companies fail to understand that reality, employees must uninstall one app to install another, competing for memory space with personal photos. That makes no sense.”

Humand’s solution is to centralize the employee experience within a single platform structured around three pillars: internal communication, an employee portal integrated with traditional HR ERPs, and talent development.

Due to its business model, the startup has attracted large corporate clients. Approximately 70% of its customers have up to 20,000 employees, while the remaining 30% are companies with more than 20,000 employees. Although its initial traction in Brazil came from the middle market—companies with up to 3,000 employees—the post-Series A focus will shift toward expanding its presence among large enterprises.

AI agents and global expansion

With the new funding, Humand plans to accelerate international growth in the United States and Asia. At the same time, it aims to speed up the development of artificial intelligence agents designed to automate employee onboarding processes.

One of the upcoming initiatives involves evolving Sammy AI—its current AI tool—into a more advanced agent capable of leveraging a company’s historical data to respond to employee requests more effectively.