KKR and Teachers’ Venture Growth led a $140m Series E round in SmartHR.

KKR, a global investment firm, and Teachers’ Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, led a $140m Series E round in SmartHR, a cloud-native human resources management platform. "As one of Japan’s leading human resource Software as a Service (SaaS) platforms, SmartHR is playing a critical role in enabling the country’s drive towards greater workforce productivity, while leaning into accelerating digitalization and cloud penetration. Through our technology growth strategy, we look to support innovative, disruptive local champions with our expertise, best practices and networks across KKR’s global platform. SmartHR is an exceptional example of Japan’s new economy, and we are delighted to work with the company’s management, board and TVG in supporting SmartHR in the next phase of its growth," Mukul Chawla, KKR Partner and Head of Growth Equity, Asia Pacific.