Locaxion Solutions has announced a $3.5 million Seed Round. The financing was announced on March 4, 2026 and was led by Accel, with participation from Y Combinator and First Round Capital.
The company is building an AI-native people operations system. It brings employee records, time off and attendance, contracts and e-signatures, pre-payroll workflows, performance cycles, and AI workflows into one product so growing teams can rely less on spreadsheets, manual reminders, and stitched-together HR tools.
Locaxion is built for companies with roughly 30 to 300 employees. At that stage, people operations often outgrows founder-led administration and scattered tools, while a long enterprise HRIS rollout may still be too heavy.
Locaxion's core modules include people directory, time-off and attendance, docs and eSign, performance, and people agents. Its features include Slack-native leave requests, regional policies, contract generation, signing and filing, performance cycles, automated reporting, and AI agents.
The founding team includes Kristo Ovaska, Founder and CEO; Mikko Kivelä, Founder and CPO; and Juho Eräste, Founder and CTO. The founders bring experience from Smartly.io and Swarmia, with other team backgrounds including HiBob, Slush, Flowdock, and Elevate Labs.
Locaxion also frames compliance and permissions as part of the base product. The platform includes ISO 27001, GDPR, field-level permissions, activity logs, Google sign-on, SAML/OIDC, and data residency capabilities.