Jisr
A cloud system for HR, payroll and attendance, linked to government systems such as GOSI, Mudad and Qiwa
Jisr is a cloud HR and payroll system founded in Riyadh in 2016. It raised $30 million in a Series A round in 2023, and the company says it serves more than 5,000 companies and 800,000 employees.
What does Jisr do?
Mohammed Akkar founded Jisr in Riyadh in 2016 to bring into one system what companies used to run on seven or eight systems: payroll, attendance, contracts and employee affairs. The system connects directly to government systems such as GOSI, Mudad, Qiwa and Muqeem, and it later added expense and payment management. No funding round was announced for it until 2023, when it raised $30 million led by Merak Capital. Its valuation has not been disclosed.
Products
A system for employee affairs, payroll, attendance, hiring and performance reviews, with a self-service app for employees
Management of company expenses, business travel and payments, and linking payroll with accounting
Key features
- Payroll, attendance and contracts in one system
- Direct connection to GOSI, Mudad, Qiwa and Muqeem
- Employee self-service app
- Hiring and performance reviews
- Expense and business travel management
- No funding round was announced for Jisr between 2016 and 2023
- The link with government systems is a technical and commercial relationship, and no government stake has been announced
- Jisr's valuation has not been disclosed
The documentary
An app that pays more than 800,000 employees in Saudi Arabia, and you may be hearing its name for the first time.
Follow the channel so you don’t miss itFunding rounds
| Round | Date | Amount | Lead | Investors | Source |
|---|---|---|---|---|---|
| Series A | October 2023 | $30M | Merak Capital | Merak Capital | Source |
Key investors
Founders
Common questions about Jisr
When was Jisr founded?
It was founded in Riyadh in 2016 by Mohammed Akkar.
What does Jisr offer?
A cloud system for HR, payroll, attendance and contracts, linked to GOSI, Mudad and Qiwa.
How much funding has Jisr raised?
$30 million in a Series A round in October 2023, led by Merak Capital. No earlier rounds have been disclosed.
How many customers does Jisr have?
The company says it serves more than 5,000 companies and more than 800,000 employees.