SaaS Startup for HR Synergo Raises Funding from East Ventures

Synergo, a SaaS startup for human resource management, announced the acquisition of an early-stage funding from East Ventures for an undisclosed amount. This funding gives Synergo the flexibility to update and improve products according to customer demand.

Therefore, Synergo hopes that the technology presented can improve employee performance through tracking, evaluating, comparing, and analyzing trends in employee and company performance.

"Synergo will use this funding to update and improve products according to customer requests," said Synergo Co-Founder & CEO Domenico Tukiman in an official statement.

This startup was previously born because of the problems experienced by the company. They do not have an employee performance review process, which results in a lack of an overall performance picture.

The solution that Synergo presents to overcome these problems is a performance review structure and each employee's objectives, as well as tools to analyze important information for the management team.

Managers can set and assign targets to each employee. Employees can also track their own progress and coordinate with team members and their managers. In the end, companies can obtain data and obtain important information for the determination of the management team.

With the analytical tools presented by Synergo, companies will have visibility into the company's performance conditions. Some of them know the performance of top employees and potential leaders, so they can nurture and develop talent, while engaging employees who need help to reach their full potential.

"We believe that the most important asset of a company is its people. The first step to unlocking its full potential is to create a structured process to follow and measure on a regular basis. With Synergo, companies can implement performance review systems quickly, without interrupting their business processes," concluded Domenico.