UK-based Cutover announced a $17 million Series A investment to provide “work orchestration and observability” across the enterprise. They stress the ability to collaborate between humans and machines/automated processes. Collaboration and communication category of HR tech has been seeing consistent attention from investors since 2018. The category isn’t just getting attention from emerging startups and apps, but also from HCM and work tech legacy players. Digital transformation has been accelerated in this time of COVID-19 and includes many HR tech categories, especially in areas that are connecting employees and leaders to communicate and collaborate. Expect this increasingly crowded category to see more investment and innovation.
Source: Cutover secures investment from Barclays in $17m Series A funding round