216 Capital supports six-figure funding raised by Algerian startup Talenteo
Tunisia-based venture capital firm 216 Capital has announced a strategic investment in Talenteo, an HR Tech startup founded in Algeria. Talenteo offers a comprehensive SaaS platform for human resources and payroll management tailored to the unique needs of African SMEs and mid-sized companies (ETIs). This investment marks a significant step in Talenteo’s journey toward becoming a key digital HR player across the continent.
By 2030, Africa is projected to host more than 1 billion working-age individuals, making it the largest talent pool globally. With over 80% of jobs created by SMEs and ETIs, efficient HR and payroll management is critical for performance, compliance, and competitiveness. Talenteo addresses this challenge with a solution designed specifically for the realities of African markets.
Already trusted by 150+ companies and over 10,000 active users, Talenteo’s platform combines AI, local legal frameworks, and process automation to streamline:
- Employee administration
- Time and payroll management
- Talent development
- Regulatory compliance
The platform helps HR teams reduce time spent on repetitive tasks while enhancing strategic decision-making in a rapidly evolving legal and economic landscape.
“We believe company success stems from investing in people,” said Louai Djaffer, CEO of Talenteo. “Talenteo was built to help African businesses digitalise their HR processes in support of growth and impact.”
Fueling Pan-African Growth with New Investment
The six-figure round, led by 216 Capital, will enable Talenteo to:
- Establish a presence in Tunisia, a key step in its regional expansion
- Accelerate AI-driven development of its platform
- Scale operations across strategic Francophone African markets
“Talenteo is the kind of innovation we aim to support — locally rooted, scalable, and built to meet the operational realities of African enterprises,” said Dhekra Khelifi, Partner at 216 Capital Ventures.
