Dunshaughlin-based HR and workforce management SaaS company HR Duo has secured €1.6 million in a funding round led by Puma Growth Partners, with support from Enterprise Ireland, as it targets accelerated growth in the UK market and continued development of its software platform.

Silicon Republic reported that the round was led by Puma Growth Partners, a key existing investor in the business, with Enterprise Ireland also participating. The company said it will use the funding to strengthen its software infrastructure and expand its team in the UK, where more than 70 per cent of its current sales pipeline is located.

HR Duo is built for SMEs with between 100 and 1,000 employees in frontline-intensive sectors, including manufacturing, construction, healthcare, retail, and hospitality. The platform integrates workforce management, HR compliance, and employment relations into a single system, designed to support organisations operating complex, shift-based workforces without large dedicated HR functions.

Jerome Forde, CEO of HR Duo, said the investment marks a new phase of growth for the business. He said: "This investment marks a confident new chapter for HR Duo. We grew ARR by almost 30pc last year and we are targeting over 41pc growth this year. With 75pc of our pipeline in the UK and a growing presence out of Birmingham, the direction of travel is clear. The continued backing of Puma Growth Partners, Enterprise Ireland and our seed investors gives us everything we need to scale with purpose."

Henri Songeur, investment director at Puma Growth Partners, said workforce management is a strong growth segment within the wider HR technology market. He said: "We are delighted to continue our support for HR Duo, having first invested over three years ago. With workforce management a fast-growing segment of HR tech, HR Duo is well-positioned to capitalise on this opportunity, and we are excited to support the team in their next phase of growth."

Mark Christal, executive director of Enterprise Ireland, said the agency was proud to back the round as part of its commitment to high-potential Irish companies at every stage of their growth journey.

Read the full details of HR Duo's funding round and UK expansion plans.