Jisr
“Can a Saudi-built HRMS become the unified HR + Finance operating system for MENA mid-market by owning payroll, compliance, and now embedded spend?”
Founded2017
HQRiyadh, Saudi Arabia
Total raised$30M
Latest roundSeries A, 2023
IndustryHorizontal SaaS / HR & Payroll
The story
Founded in 2017 alongside Saudi Vision 2030 as a homegrown Arabic-first HRMS, Jisr focused on Saudi payroll and compliance (GOSI, Muqeem, WPS, Mudad). By 2022 it covered the full employee lifecycle, and after a $30M Series A in 2023 from Merak Capital, expanded into a broader HR + Finance platform — launching a Talent suite in 2024 and a Spend suite in 2025 (expenses, business travel, invoice control, with a corporate card 'coming soon'). Jisr is now positioning itself as the unified HR-and-Finance operating system for KSA/MENA mid-market.
Product timeline
2017
Company founded at the dawn of Saudi Vision 2030.· pivot
2018
Reached 300-500 customers.· growth
2020
Integrated with Saudi government portals (GOSI, Muqeem, Mudad, WPS).· compliance
2022
Expanded to end-to-end employee lifecycle coverage.· product
2023
$30M Series A led by Merak Capital; SABB payroll integration launched.· funding
2024
Launched Talent suite (recruitment, performance, engagement).· product
2025
Launched Spend suite (expenses, business travel, invoice control; corporate card announced as 'coming soon').· product
The stack
2 layers disclosed in Jisr’s embedded-finance stack
Payroll
Jisr Payroll (in-house)
Accounting
in the full report
Accounting gap: minor
3 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.