Global Work Tech VC Quarterly Reports
Q4 2017 HR Tech VC Update
2017 has been another strong year for VC investment in HR technology. While companies around the world wrestle with what work of the future will look like, HR technologists rush to provide the answers and the technology to support it. Many of them, startups. Venture...
HR Tech Venture Capital in 2017 – Q3 Update
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,...
HR Tech Venture Capital In 2017: Podcast AND Infographic
HR tech has been a hot-bed for venture capital investment for years. We've been doing our best to keep track of all of the venture capital investments flowing into the market in 2017. So far this year we've tracked 35 deals for a total of $402 million. I'm sharing my...
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Belgium-based Ambassify Raises USD $2.4 Million to Turn Employee Engagement Into Brand Advocacy
Belgium-based Ambassify raised a USD $2.4 million Seed Round of VC for its employee brand advocacy app. The app leverages polls and surveys to engage employees and motivate them to share via social channels. Leveraging employee voices for amplification of the brand is...
Teamflow Raises $11 Million for Team Collaboration Via Its “Virtual HQ”
Teamflow announced an $11 million Series A round of VC to spur collaboration across teams, bringing its total raised to $14.9 million. Teamflow delivers a virtual office plan with integrated apps like Google Docs and whiteboards. It also attempts to provide a social...
Lattice Raises $60 Million for Its Performance Management App and Becomes HR Tech Unicorn
Lattice announced a $60 million Series E Round of venture capital for its performance management app. This puts its total raised at $154 million. It also announced a new $1 billion valuation with the round, which edges the firm into "unicorn" territory. In its...
Fetcher Raises $6.5M to Automate Recruiting Candidate Sourcing
Fetcher announced a $6.5 million Series A round of venture capital for its candidate sourcing app. This brings its total raised to $12 million. Fetcher automates the searching and sourcing of job candidates as well as the initial communication outreach. Fetcher...
Slapdash Raises $3.7M for Its Workplace Apps Command Bar for Collaboration
Slapdash announced a $3.7 million Seed Round of VC for its workplace apps command bar. Slapdash allows users to organize their enterprise apps into workspaces that provide for better search, collaboration, and communication. The communications and collaboration...
France-based PayFit Raises USD $107 Million for Its SMB-focused Payroll
France-based Payfit announced a USD $107 million Series D round of VC funding for its SMB-focused payroll solution. This brings its total raised to $208.4 million. Payfit announced 40% growth in 2020 and total of 5,000 SMB customers with an average of 20 employees...
Australia-based Employment Hero Raises USD $34.8 Million for Its Payroll and HRIS Platform
Australia-based Employment Hero announced a USD $34.8 million Series D round of VC, bringing its total raised to $62.7 million. Employment Hero is a talent-focused HRIS, putting emphasis on career management and transitions from onboarding through core HRIS and...
Rising Team Raises $3 Million to Combine Coaching and Learning
Rising Team announced a $3 million Seed Round of VC for its app that combines coaching and learning to create better managers. "The first layer of the platform is the tools suite, which includes proprietary assessments and 1:1 templates. Most employee surveys focus so...
Apploi Raises $8M For Recruiting Platform to Hire, Onboard, and Credential Healthcare Workers
Apploi announced an $8 million Series B round of of VC funding for its healthcare focused recruiting platform. This brings its total raised to $20.5 million. Apploi's recruiting platform includes recruitment marketing, automated hiring workflows, scheduling,...
Belgium-based Whale Raises USD $1.2 Million for Its Onboarding and Learning App for the SMB
Belgium-based Whale reported a USD $1.2 million Seed round of VC funding. Whale delivers "bite-sized" learning content via a browser extension. Providing guidance to employees with relevant context to the flow of work. The company focuses on small and medium sized...
Sweden-based Preactly raises USD $1.8 Million for Its Workplace Wellness-focused Surveys and Analytics
Sweden-based Preactly announced a USD $1.8 million Seed Round of venture capital for its employee surveys and analytics that focus on workplace health and employee wellness. Preactly reports to focus on 19 different work environment- related factors that affect...
Wrapbook Raises $27 Million for Entertainment Industry Payroll
Wrapbook announced a $27 million Series A round of venture capital for its payroll platform focused on the entertainment industry. In a mature category like payroll specialization can be a powerful differentiator. The entertainment industry certainly has its...
Arist Raises $2M for Its SMS-based Learning
Arist announced an additional $2 million Seed Round funding for its SMS-based learning app. This brings its total raised to $4.1 million. In 2020 the learning category received USD $666 million in VC. It was one of the top three categories in the 2020 Global HR Tech...
Israel-based Centrical Raises USD $32M For Performance Management, MicroLearning, and Gamification
Israel-based Centrical announced a USD $32 million round of funding for its performance management, microlearning, and gamification. Performance management and learning are two of the most saturated categories in HR technology. They are also two categories...
TREND NOTE: Israel-based Retrain.ai Raises USD $9M for Its AI-powered Reskilling and Internal Mobility App
Isreal-based Retrain.ai announced a USD $9 million Series A for its talent reskilling and internal mobility app. This brings its total raised to $13 million. When Amazon announced its upskilling initiative in July of 2019, it cemented internal mobility and career...