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MenaITech - About the company

MenaITech is a late stage company based in Amman (Jordan), founded in 2003 by Bashar Hawamdeh. It operates as a HR Management software for organizations. MenaITech has raised an undisclosed amount in funding. The company has 2529 active competitors, including 132 funded and 168 that have exited. Its top competitors include companies like Workday, Kronos and Deel.

Company Details

MenaITech provides HR software solutions for organizations in Middle East and North Africa. Their products include MenaHR (HRIS system), MenaPay (Payroll solution), MenaME (Employee and Manager self service solution), MenaTA (Time and attendance management system), Mena360 (360 degree feedback system), along with MenaMobile and MenaSMS that are mobile specific communication solutions. MenaLite, launched in July 2015, is their integrated cloud-based Saas product integrating the HR management modules. Clients include Schindler, Aramax, Jabbar and others.
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Email ID
*****@menaitech.com
Key Metrics
Founded Year
2003
Location
Amman, Jordan
Stage
Late Stage
Latest Funding Round
Ranked
Employee Count
378 as on Jul 31, 2026
Investment & Acquisitions
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MenaITech's funding and investors

MenaITech has raised funding over 1 round. Its latest funding round was a PE round on May 23, 2022 for $*****. 1 investor participated in its latest round. MenaITech has 2 institutional investors.

Here is the list of recent funding rounds of MenaITech:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 23, 2022
6454147
PE
7211699
8662692
3655534
6486747
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MenaITech's founders and board of directors

Founder? Claim Profile
The founders of MenaITech is Bashar Hawamdeh.
Here are the details of MenaITech's key team members:

MenaITech's employee count trend

MenaITech has 378 employees as of Jul 26. Here is MenaITech's employee count trend over the years:
Employee count trend for MenaITech
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MenaITech's Competitors and alternates

Top competitors of MenaITech include Workday, Kronos and Deel. Here is the list of Top 10 competitors of MenaITech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
81/100
3rd
Logo for Deel
Deel
2019, San Francisco (United States), Series E
Provider of human resources and international payroll compliance software tools
$986M
79/100
4th
Logo for GreytHR
GreytHR
1994, Bengaluru (India), Acquired
Provider of cloud based human resource management system and payroll software.
$47.4M
79/100
5th
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series D
Provider of business management software for human resources and finance
$369M
78/100
6th
Logo for PeopleStrong
PeopleStrong
2005, Gurugram (India), Acquired
Provider of human capital management platform offering integrated HR solutions
$30.7M
78/100
7th
Logo for Remote
Remote
2019, Amsterdam (Netherlands), Series C
Provider of employment infrastructure for payroll compliance and contractor management
$506M
77/100
8th
Logo for Dayforce
Dayforce
2008, Toronto (Canada), Acquired
Developer of human capital management software providing HR and talent solutions
$30M
77/100
9th
Logo for Bob
Bob
2015, Tel Aviv (Israel), Series E
Provider of a platform for human resources, payroll, and finance
$740M
75/100
10th
Logo for Darwinbox
Darwinbox
2015, San Francisco (United States), Series D
Developer of human capital management software with AI capabilities
$149M
75/100
86th
Logo for MenaITech
MenaITech
2003, Amman (Jordan), Late Stage
HR Management software for organizations
-
49/100
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MenaITech's Investments and acquisitions

MenaITech has acquired SOURCEitHR. MenaITech has not made any investments as of now.

Reports related to MenaITech

Here is the latest report on MenaITech's sector:

News related to MenaITech

•
Foursan Group acquires 21% of MenaITechPrivate Equity Wire•May 23, 2022•Foursan Group, MenaITech
•
MenaITech Launches App That Brings HR into the Mobile AgePR Newswire•Mar 05, 2018•MenaITech
•
UAE group MenaITech buys SourceitHRTrade Arabia•Jul 04, 2017•MenaITech, SOURCEitHR
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