Zimyo
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.3m | 2.7m | 14.0m | 14.7m | 35.5m |
% growth | - | 111 % | 419 % | 5 % | 141 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | N/A | Seed | |
$1.5m | Seed | ||
N/A | Seed | ||
INR170m | Late VC | ||
Total Funding | $3.8m |
Recent News about Zimyo
EditZimyo is a technology company specializing in Human Resource Management Systems (HRMS) and payroll automation solutions tailored for small and medium-sized enterprises (SMEs) and startups. The company operates in the HR technology market, providing a comprehensive suite of tools designed to streamline HR processes, reduce manual intervention, and enhance employee engagement. Zimyo's core offerings include automated payroll processing, employee benefits management, leave and attendance tracking, expense management, and advanced HR analytics. These solutions are accessible via web and mobile applications, ensuring that HR teams and employees can stay connected and manage their tasks on the go.
Zimyo serves a diverse range of clients, primarily focusing on SMEs and startups that require cost-effective and efficient HR solutions. The business model is subscription-based, where clients pay for the software as a service (SaaS) on a recurring basis. This model provides a steady revenue stream and allows the company to continuously update and improve its offerings.
The company makes money through subscription fees, which vary based on the number of users and the specific features required by the client. Zimyo's competitive pricing, combined with its robust feature set, makes it an attractive option for businesses looking to optimize their HR operations without incurring high costs.
Zimyo's platform is highly secure, with data hosted on Amazon Web Services (AWS) and compliance with ISO IEC 27001:2013 and PCI DSS standards, ensuring data protection and privacy for its users.
Keywords: HRMS, payroll automation, employee engagement, SMEs, startups, expense management, leave tracking, HR analytics, SaaS, AWS compliance.