Story perspectives

Employment Hero Expands into Canada, Eyes Profitability

12/3/2025

Summary

Story summary

In early 2025, Employment Hero, an Australian HR software firm, acquired Toronto-based Humi to expand into Canada.
Employment Hero integrated Humi's features and launched a new employment operating system.
Employment Hero reports 300 million AUD in global annual recurring revenue.
Employment Hero Canada is not profitable and serves over 4,000 customers.
Ben Thompson, CEO of Employment Hero, says more small business clients are needed to reach profitability.

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Story summary

In early 2025, Employment Hero, an Australian HR software firm, acquired Toronto-based Humi to expand into Canada.
Employment Hero integrated Humi's features and launched a new employment operating system.
Employment Hero reports 300 million AUD in global annual recurring revenue.
Employment Hero Canada is not profitable and serves over 4,000 customers.
Ben Thompson, CEO of Employment Hero, says more small business clients are needed to reach profitability.