Employment Hero, an Australia-based human resources (HR) startup, has raised A$3m ($2.2m) from a consortium including corporate venturing unit AMP New Ventures to launch its cloud-based employee management platform in the UK by the end of the year.

The round was led by venture capital firm OneVentures.

Instead of focusing on a subscription model, the Employment Hero (EH) platform is free for small and medium-sized enterprises (SMEs), with the startup instead earning revenue from its marketplace, which provides deals for…