Global Work Tech VC Quarterly Reports
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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TREND NOTE: UK-based Orka Raises USD $40.8 Million for Job Board Marketplace with Integrated On-demand Pay
UK-based Orka announced a $40.8 million round of venture capital for its job board marketplace with integrated on-demand pay capabilities, targeting regulated industries and shift workers. According to Aptitude Research Partners, shift workers, or the "hourly...
Scope Raises $2.25 Million for Its Marketplace of Tech Implementers Focused on the SMB
Scope announced a $2.25 million Seed round of venture capital for its marketplace of tech implementers for the SMB, bringing its total raised to $3.4 million. Scope aims to solve the pains of implementation and integration that plagues small businesses as they select...
Ethena Raises Another $2 Million to Nudge Employers Closer to Compliance
Ethena announced another $2 million round of VC for its compliance training based on micro-learning, nudging employees into five-minute anti-harassments lessons. This brings the total raised to $5 million. The founders tell TechCrunch that they've started to get...
HR Tech’s Newest Unicorn: Modern Health Raises $74 Million for Its Mental Health and Wellness Platform
Modern Health announced a $74 million Series D, bringing its total raised to $167.4 million. They received a valuation of $1.17 billion in this latest round, giving them "unicorn" status. Any apps or services that help human beings with mental health is a very good...
Human Interest Raises $55M for Its 401K Benefits Tech Connecting Retirement Plans with SMBs
Human Interest announced an additional $55 million to its Series C round of VC, bringing its total raised to $136.7 million for its benefits tech that connects 401k retirement savings plans with small and medium-sized businesses (SMB). SMB employers not only make up...
AirSlate Raises Another $50 Million for Its Low Code-No Code Solution for Automated Employee Experiences
airSlate announced an additional $50 million raised, bringing its total raised to $130 million. airSlate reports to enable employees to create automated workflow experiences to help them with day to day tasks. airSlate focuses its messaging on document process...
Canada-based Certn Raises USD $7.5 Million for Its API-first Hiring Background Checks
Canada-based Certn announced a USD $7.5 million addition to its Series A VC round for its "real-time" background checks, bringing its total raised to $35.7 million. Certn touts an "api-first" model with integration directly into customers' systems or access via a...
Brazil-based Rocket.Chat Raises USD $19 Million for Open Source Employee Comms and Collaboration
Brazil-based Rocket.chat announced a $19 million Series A for its open source employee communications and collaboration app. As work continues to get more distributed and remote, this HR tech category has seen increased attention from both tech providers and...
TREND NOTE: Ally Raises $50M for OKR-focused Performance Management Tech
Ally announced a $50 million Series C for its performance management tech focused on the Objectives and Key Results (OKR) method, bringing its total investment to $76 million. In its PR and CEO video (see links below) Ally touts 600 customers, 5x revenue growth (5...
Learn to Win Raises $4M to Bring Elite Sports and Military Micro-learning to Corporate L&D
Learn to Win announced a $4 million Seed round of VC for its micro-learning app. Distilling traditionally longer form training into consumable formats available on any device is the core promise of the micro-learning approach. Learn to Win also offers rapid content...
Germany-based HiPeople Raises USD $3 Million to Automate Candidate Reference Checks
Germany-based HiPeople announced a USD $3 million Seed round of VC to automate candidate reference checks during the recruiting process. The recruiting world is divided when it comes to candidate reference checks, like seemingly all types of candidate assessments....
Kevala Raises $4M for Its Workforce Management and Job Board Marketplace Focused on Long-Term Care
Kevala announced a $4 million Seed round of VC for its workforce management and job board marketplace focused on long-term care. When healthcare facilities need to employ temporary staff from third-party agencies, Kevala maintains a ready pool of high-quality,...
Edify Raises $1.635 Million to Onboard Engineers in Slack
Edify announced a $1.635 million Seed round to onboard engineers in Slack and "soon" in Microsoft Teams. Onboarding employees quickly into the flow of work without disrupting it has been a challenge since the first employee was onboarded. Ever. The steep new employee...
Spain-based Payflow Raises USD $2.42 Million for On-Demand Pay Access
Spain-based Payflow announced an additional USD $2.42 million of Seed funding, bringing the total raised to $4.26 million. On-demand pay has been a trend for four or five years in the US, with firms like DailyPay innovating early as stand-alone providers and...
Spain-based BusUp Raises $6 Million for Its Commuter Benefits and App
Spain-based Busup announced a $6 million Series A round of VC for its commuter benefits and app. While companies are busy scenario planning for the pending return to the workplace post-COVID, they're expecting increasing levels of concern from employees reliant on...
