Secured Investment from Ice Square Ventures through Hurelamp

HULAM Inc., which operates the HR management service 'HULAM,' announced that it has secured Pre-series A investment from Icequare Ventures, Timefolio Asset Management, and Seulgi Asset Management.

Founded by CEO Lee Sun-hee, a certified labor attorney, HULAM Inc. developed the SaaS-based HR management solution 'HULAM' to help companies accurately and conveniently handle tasks such as the four major social insurances, labor contracts, and payroll settlement, aiming to prevent disputes caused by poor HR management. Unlike other similar services, HULAM’s HR content is directly planned by a certified labor attorney, and it has drawn attention by accurately responding to labor law amendments such as the mandatory issuance of wage statements last year.

Icequare Ventures stated, “In the rapidly growing SaaS market, HULAM Inc.'s integrated HR solution and services enable companies to perform HR and labor tasks efficiently and effectively. We expect it to grow into an innovative HR tech company in the future,” explaining their investment rationale.

CEO Lee Sun-hee of HULAM Inc. said, “With the recruitment of Kim Hyun-seok, former co-founder of Bungaejangter and current CPO, and this investment, we plan to strengthen our development team by hiring a large number of top-tier developers,” adding, “Please look forward to the next-generation version of the program, which will be newly launched in November this year, based on the data and operational know-how from the initial launch of ‘HULAM.’”