Algerian HR tech startup Talenteo has secured an undisclosed six-figure investment from Tunisia-based 216 Capital to expand across Francophone Africa.
Key Details
Founded in 2022 by Tarik Metnani and Louai Djaffer, Talenteo operates a comprehensive SaaS platform designed specifically for human resources and payroll management across African SMEs and mid-sized companies. The startup has already gained traction with over 150 companies and 10,000 active users on its platform.
The investment from 216 Capital will primarily fund Talenteo’s expansion into Tunisia and accelerate product development as the company scales across strategic Francophone African markets.
By the Numbers
- Active Users: 10,000+ across the platform
- Client Companies: 150+ businesses currently using Talenteo
- Funding Round: Six-figure investment amount (undisclosed)
- Market Opportunity: 1 billion+ working-age individuals projected in Africa by 2030
- SME Impact: Over 80% of African jobs created by SMEs and mid-sized companies
About Talenteo
Talenteo addresses the critical need for efficient HR and payroll management in African markets, where over 80% of jobs are created by SMEs and mid-sized enterprises. The platform combines artificial intelligence, local legal frameworks, and process automation to streamline employee administration, time and payroll management, talent development, and regulatory compliance.
The solution is specifically tailored to African market realities, helping HR teams reduce time spent on repetitive tasks while enhancing strategic decision-making capabilities in rapidly evolving legal and economic environments.
“We believe company success stems from investing in people. Talenteo was built to help African businesses digitalise their HR processes in support of growth and impact.”
Looking Ahead
This investment positions Talenteo to capitalize on Africa’s massive demographic opportunity, with the continent expected to host the world’s largest talent pool by 2030. For MENA founders, Talenteo’s success demonstrates the growing investor appetite for B2B SaaS solutions that address specific regional challenges.
The startup’s expansion into Tunisia creates a bridge between North African markets, potentially opening pathways for other MENA startups looking to scale across Francophone Africa. The focus on AI-driven development and regulatory compliance automation offers valuable lessons for founders building enterprise solutions in emerging markets.
Dhekra Khelifi, Partner at 216 Capital Ventures, noted that Talenteo represents the type of innovation they seek to support – locally rooted, scalable, and built to meet the operational realities of African enterprises.
Source: Wamda
