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HR SaaS Sector in Indonesia

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About HR SaaS sector in Indonesia

The HR SaaS sector in Indonesia comprises 199 companies, including 17 funded companies having collectively raised $60.5M in venture capital money and private equity. Out of these, 7 are Series A+ funded.
HR SaaS sector in Indonesia has seen 2 acquisitions and 1 IPO.
This sector includes companies offering cloud-based solutions for HR professionals to manage their employees and day to day work.
Cloud-based HRMS, Payroll, Employee Engagement, Job Boards, Marketplaces, Performance Management Tools, other HR-related software are included in this sector. Non-Cloud-based HR Solutions, Generic Cloud Infra Solution, Services Companies are excluded.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions

Top HR SaaS Companies in Indonesia

There are 199 HR SaaS startups in Indonesia which include Wagely, Gaji Gesa, Talenta.co, Staffinc, GreatDay HR. Out of these, 17 startups are funded, with 7 having secured Series A+ funding.
Over the past 10 years, an average of 13 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Nanyang Technological University (NTU), Harvard University and National University of Singapore (NUS).

Here is the list of top HR SaaS startups in Indonesia

Provider of an online platform for payday loans. It enables employees to access a part of the salary based on the number of days worked. Employees can use wages for bill payments, credit card payments, and more. It also provides solutions that can be integrated into the existing accounting software.

Key facts about Wagely

Online financial wellness platform for employees. It offers a platform for employee data security, low transaction fees, and debt bondage avoidance.

Key facts about Gaji Gesa

Cloud-based platform for HRMS suite. The platform offers tools for managing payroll, attendance, expense, employee benefits, performance, etc. It is the tool available on the subscription-based pricing model.

Key facts about Talenta.co

Cloud-based HRMS platform for enterprises. It provides automated HR software for recruitment, employee attendance and leaves management, onboarding, payroll administration, applicant tracking system, workforce performance tracking system, internal information management, etc. It offers tools for candidate sourcing and screening candidate. It offers demand pay benefits for employees and a job portal. It is a tool available on the subscription-based pricing model.

Key facts about Staffinc

GreatDay HR offers human resource management solution for employers. It allows users to record employee’s attendance, track & approve employee's leave request, create & deploy payslips, approve claim & loan request, design organizational structure, schedule work shifts, and manage employee's data & record. Offers subscription-based pricing model. Clients include Everbest, Golden Rama, Telkom Property, and American Broadcasting Company.

Key facts about GreatDay HR

  • Founded Year: 1999
  • Location: Tangerang (Indonesia)
  • Stage: Early Stage
  • Total Funding till date: $2.5M
  • Investors: Otium
  • Latest Funding Round: Unattributed, Dec 13, 2018, $*****
  • Tracxn Score: 45/100 What is this?
  • Competitors Rank: 50 of 1,101 Competitors

Companies founded year-on-year in the HR SaaS sector in Indonesia

30 HR SaaS startups in Indonesia were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the HR SaaS sector in Indonesia2026202520242023202220212020201920182017Founded Year0612182430Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
-
2025
-
2024
6
2023
9
2022
14
2021
22
2020
30
2019
21
2018
21
2017
15

Stage-wise distribution of HR SaaS sector companies in Indonesia

Out of the total 199 HR SaaS companies in Indonesia, 17 have secured funding. Among them, 7 have reached Series A or higher, and 4 to Series B or beyond.

Founded - 199
Funded - 17
Series A+ - 7
Series B+ - 4
Series C+ - 3
Company Stage
No. of companies
Founded
199
Funded
17
Series A+
7
Series B+
4
Series C+
3
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Top Investors in HR SaaS in Indonesia

Plug and Play Tech Center is the top investor in HR SaaS companies in Indonesia based on number of companies invested.
Here are some top investors in HR SaaS companies in Indonesia:
See a more detailed list of investors

M&A activity in HR SaaS sector in Indonesia

In the year 2025, till February 2025, 1 acquisition happened in HR SaaS sector in Indonesia.
Here are some recent, important acquisitions in HR SaaS sector in Indonesia:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Feb 26, 2025
Business Acquisition
May 04, 2018
See a more detailed list of acquisitions

Acquisition trends in HR SaaS sector in Indonesia

Here are the acquisition trends in HR SaaS sector in Indonesia:

Acquisition trends in HR SaaS sector in Indonesia2026202520242023202220212020201920182017Acquisition Round Date (Yearly)01Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
-
2025
1
2024
-
2023
-
2022
-
2021
-
2020
-
2019
-
2018
1
2017
-

Top News in HR SaaS in Indonesia

View all Top News for HR SaaS companies in Indonesia

FAQs about HR SaaS sector in Indonesia

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