Job boards and Payroll Tech led HR technology venture capital investment in Q4 2019, while tech for staffing firms emerged into the top six tech categories.
Q4 2019 showed talent acquisition surge ahead of HCM with total deal volume of USD $566 million. This was fueled by one of the biggest mega rounds of the year in RigUp ($300M), a marketplace job board focused on the oil and gas industry. HCM reported total deal volume of USD $393 million and also delivered a large mega round in hastee ($269M), an on demand pay app.
The 2019 Global HR Technology VC Lookback Report reviews all of the HR tech VC invested globally with details, insights, and HR tech trend analysis.