FaidiHR Asset Profile

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Year established

2018

Location

Nairobi Kenya

Primary Industry

Software

About

Based in Nairobi, Kenya, and founded in 2018 by its CEO Peter Muchemi, and co-founder Michael Kimani, Megashift Technologies Ltd. trading as FaidiHR formerly known as Crew HR, operates as a human resource company that primarily helps businesses in automating their HR processes. In July 2022, FaidiHR raised venture funding led by SprintX. As of August 2022, the company platform is used by more than 100 companies. Megashift Technologies Ltd. offers a human resource and payroll platform with payroll management, employee onboarding, leave management, time-off management, timesheet and attendance, recruitment and training, performance and appraisal, user management, reports and dashboards, projects and tasks, and employee offboarding. It generates reports such as NHIF, NSSF, NITA, PAYE, NETPAY, BANK Report, EFT Report, and Pesa link report. The company's client base includes KLM, Airfrance, Limma, RGM Ramani, and RenegadeAir. The company generates revenue through its software subscription available on an employee basis with the basic, standard, and advanced packages. Megashift Technologies Ltd. plans to use the venture funding to further expand in East Africa and support its eyeing entry into Uganda, Tanzania, and the Democratic Republic of Congo (DRC).

Current Investors

SprintX

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Primary Industry

Software

Sub Industries

Human Resources Services, HR & Workforce Software, Systems Management Software

Website

www.faidihr.com

Verticals

Cloud Computing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Employee Data

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