Kakao Ventures, Amorepacific, and K2 Investment Partners have put $1.4M into 6 Pence, a Seoul-based startup that takes the grunt work out of hiring and payroll. The seed round marks a bet on a quieter corner of the HR tech market: outsourcing the administrative sludge that bogs down growing teams.
6 Pence pitches itself as a back-office partner, not a software dashboard. It streamlines HR formalities and payroll processes for clients, aiming to cut costs and boost productivity by handling the operational load directly. With Amorepacific-a cosmetics giant-among the backers, the round hints at corporate interest in leaner workforce management, though the startup hasn鈥檛 detailed how it plans to deploy the fresh capital.
