Jisr

About Jisr

Jisr operates as a key player in the human resource technology market, specifically targeting businesses in Saudi Arabia. Founded in 2016 by Mohammed Akkar Al-Johi, the company provides a cloud-based Human Capital Management (HCM) platform designed to meet local market needs and ensure compliance with the Saudi Labor Law. Al-Johi, who serves as CEO, brought prior experience from roles at Microsoft and as CEO of ClickApps Inc. to establish Jisr, aiming to solve the complexities local HR professionals face with scattered employee data.

The company's business model is centered on a Software as a Service (SaaS) subscription, offering a unified platform to automate and manage core HR functions. This includes employee data management, payroll processing, time and attendance tracking, performance evaluation, and benefits administration. Jisr generates revenue by providing these tools on a subscription basis to a client base of over 3,000 organizations, which includes small-to-medium-sized enterprises (SMEs) as well as governmental and semi-governmental entities across 16 different sectors. The platform manages over 350,000 employees and processes an annual payroll exceeding SAR 10 billion.

A significant differentiator for Jisr is its deep integration with local Saudi Arabian government portals, such as Mudad for payroll compliance, GOSI for social insurance, and Muqeem. This focus on localization addresses a critical need for businesses operating in the Kingdom. The platform is designed to be a comprehensive ecosystem, reducing the reliance on multiple disconnected systems for HR management. In October 2023, Jisr secured a major milestone by closing a $30 million Series A funding round led by Merak Capital, the largest of its kind for a SaaS company in the Middle East. This capital infusion is earmarked for product development, accelerating innovation, and potential expansion into new geographies within the MENA region.