HR tech VC investment swelled to $839.3 million year-to-date through Q3, which ended September 30. We’ve done our best to keep track of all of the venture capital investments flowing into our market in 2017. We have tracked 89 deals around the world so far this year, and across most all HR technology segments.
I’ve shared some of the highlights of the year-to-date and the quarter trends, as I see them, in the infograph below. 47 of the 89 deals this year happened in Q3. Two new deals entered the top five for the year: MoveGuides raised $48 million, putting it at #2 behind Namely’s $50 million round. And, Lever’s $40 million announcement put it at #4 behind Visier’s $45 million round.
While we track the HR tech VC investment, we also surveyed 1157 employers in 2017, looking to understand their view on the short and long term future for HR Technology. Those results are being finalized for release on October 11. You can find details of where to get a first look at the results below.
With new continued strong investment in HR technology startups while innovation is happening aggressively at larger “legacy” vendors, employers can expect an exciting technology conference season kicking off in October at the 2oth annual HR Technology Conference and Exposition in Las Vegas. We’ll be there trying to make sense of it all.
