Funding round
SmartHR Growth
Reported as "Growth Equity"
SmartHR, which works in cloud-based HR management software development in Tokyo, raised $96M in a Growth round announced on 18 Nov 2025, led by General Atlantic. 1 firm took part. It is SmartHR's seventh venture round on record; the one before was a Series E in Jul 2024.
$96M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
SmartHR did not disclose a valuation in this round. It came 16 months after SmartHR's Series E. It is 21% of the $461M SmartHR has raised in the venture rounds on record. No later venture round is on record for SmartHR.
SmartHR's funding rounds
SmartHR has 7 venture rounds on record. This one is highlighted.
Investors
Who put money in
General Atlantic led the round.
Lead investor
- General Atlantic backs 134 venture-backed companies new investor
Comparable rounds
How it compares
400 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $54M, and this round was 1.8 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Armis Tech Companies | 5 Nov 2025 | $435M | $6.10B | Growth Equity at Goldman Sachs Alternatives |
| Firmus Tech Companies | 14 Nov 2025 | $327M | not disclosed | not named |
| Ramp Tech Companies | 17 Nov 2025 | $300M | $32.00B | Lightspeed Venture Partners |
| Synthesia Tech Companies | 1 Nov 2025 | $200M | $4.00B | GV |
| Tech Companies | 17 Nov 2025 | $135M | $2.65B | not named |
| Tech Companies | 17 Nov 2025 | $100M | $388M | not named |
| Tech Companies | 20 Nov 2025 | $70M | not disclosed | Springcoast Capital Partners |
| Tech Companies | 20 Nov 2025 | $50M | not disclosed | Blackstone |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did SmartHR raise in its Growth round?
SmartHR raised $96M in its Growth round, announced in Nov 2025.
Who led SmartHR's Growth round?
General Atlantic led it.
What was SmartHR's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
400 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $54M, and this round was 1.8 times the median.