2024 Revenue
$6M(Est.)
Team
49
Founded
2018
palm.hr Revenue (2024)
palm.hr generated an estimated $6M in annual revenue in 2024. Source: GetLatka estimate
Redefining HR in Saudi Arabia - www.palmhr.net
We are determined to reinvent the way HR is perceived in companies across the Kingdom. It is time to focus on employees and their needs. HR is not about administrating staff, it is about engaging people in order to activate their full potential so that everyone supports their company and this country to march into a brighter future.
Made with ❤️ in Austria & Saudi Arabia.
Last updated
palm.hr Revenue
In 2024, palm.hr's revenue reached $6M. The company previously reported $3.9M in 2023. Since its launch in 2018, palm.hr has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | palm.hr Hit $6m revenue in October 2024 | Estimated |
| 2023 | palm.hr Hit $3.9m revenue in October 2023 | Estimated |
| 2021 | palm.hr Hit $2.5m revenue in April 2021 | Not recorded |
| 2018 | Launched with $0 revenue |
Founder / CEO
Richard Schrems
CEO
| PalmHR - Creating Happy Workplaces. Together with my team we setup one of the first Saudi/European Startups in Riyadh and have built the most engaging & intuitive HR Solution for Small & Medium Enterprises in the region. Working on our second product, a Saudi Talent Platform where companies and candidates connect and match with eachother.
palm.hr Employees & Team Size
palm.hr employs approximately 49 people as of 2026, down from 62 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 49 employees (December 2024) | Not recorded |
| 2024 | Reached 62 employees (October 2024) | Not recorded |
| 2023 | Reached 62 employees (October 2023) | Not recorded |
| 2022 | Reached 67 employees (October 2022) | Not recorded |
| 2021 | Reached 48 employees (December 2021) | Not recorded |
| 2021 | Reached 30 employees (April 2021) | Not recorded |
Frequently Asked Questions about palm.hr
What is palm.hr's revenue?
As of 2024, palm.hr generated an estimated $6M in annual revenue.
Who founded palm.hr?
palm.hr was founded by Richard Schrems.
When was palm.hr founded?
palm.hr was founded in 2018.
Who is the CEO of palm.hr?
The CEO of palm.hr is Richard Schrems.
How many employees does palm.hr have?
As of 2024, palm.hr had 49 employees.
Where is palm.hr headquartered?
palm.hr is headquartered in Dubai, Saudi Arabia.
Compare palm.hr to the industry
palm.hr operates across multiple industries. Browse revenue, funding, and growth data for palm.hr in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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