Global Work Tech VC Quarterly Reports
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U.K.-based Hastee Raises USD $269 Million To Give Employee Access To Pay As They Earn It
U.K.-based Hastee raised USD $269 million for its on demand pay app. Hastee allows employees to receive their earned pay immediately via a mobile app. Hastee reports that, "Workers using Hastee receive their first withdrawal every month, up to £100, free of charge and...
Spain-based Jobandtalent Raises USD $77.8 Million to Grow Its Temporary Staff Job Board Marketplace in Europe and LatAm
Spain-based Jobandtalent is the latest job board marketplace with a "worforce as a service" model to raise significant funding. This round was led by SEEK, the talent market leader based in Australia. Source: Jobandtalent obtains €70M with SEEK intending on a LatAm...
Placement Raises $3 Million for Its Marketplace Job Board – Plans To Disrupt Staffing Firms By Charging Placed Candidates for 18 to 36 Months
We've all seen this model before. Companies that want to charge a percentage of your income for some period of time as their fee for finding you a position. In this case the startup Placement is charging 10% of a new placement's salary/compensation for 18 to 36...
New Zealand-based Joyous Raises $3.8 Million For Employee Feedback App
New Zealand startup Joyous, led by HR tech industry veteran Michael Carden, has raised a $4 million Seed round for its employee feedback app. Carden was quoted in SmartCompany saying “Employee experience is a fashionable term, but it’s quite possibly just a whole new...
U.K.-based Headstart Raises $7 Million To Reduce Bias in Recruiting With A.I.
U.K.-based Headstart has raised $7 million to reduce bias in recruiting. Led by industry veteran, Gareth Jones, Headstart introduces a layer of A.I.-driven technology that starts with job descriptions, extends through sourcing, selection, and the hiring process. Where...
Germany-based CoachHub Raises USD $11 Million to “Democratize” Leadership Coaching
The latest coaching app aiming to democratize leadership coaching with a marketplace of remote coaches is Germany-based CoachHub. They've raised USD $10 Million which they reported to EU-Startups will be used to develop more product, extend its "pool" of coaches, and...
U.K.-based MyKindaFuture Raises USD $3.53 Million for Its Job Board Marketplace Focused on Matching Students to Jobs and Mentors
Another job board focused specialization in talent categories raised seed funding. U.K.-based MyKindaFuture raised USD $3.53 million. Source: MyKindaFuture Raises £2.75M in Funding | FinSMEs
Jobiak Raises $2.3M Seed Round To Optimize Employers Job Postings on Google for Jobs
Jobiak just announced a $2.3 Million seed round for its Google for Jobs optimization app. Most applicant tracking systems and recruitment marketing platforms are offering similar services. This would lead you to believe they may be more successful in the SMB market...
Singapore-based Workmate Raises USD $5.2m Series A for Job Board Marketplace Focused on “Informal” Workers
Singapore-based Workmate has raised $5.2 million for a job board marketplace they bill as an "end to end" staffing solution for "informal" workers. Their site looks like a typical job board for ondemand workers. Don't get us started on "end-to-end." Source: SG...
TREND NOTE: Cultivate Raises $8M to “Coach” Managers by Listening To Digital Communications with Employees
Cultivate was one of the early HR tech startups to gather insight into manager communication and style via passive listening to a manager's digital communications on channels like Slack, Microsoft Teams, Office 365, and Google Suite. They use the data to deliver...
U.K.-based Immersive Labs raises USD $40 Million Series B to Gamify Cyber Security Skills Learning and Validation
U.K.-based Immersive Labs raised $40m Series B for their gamified cyber security skills learning and validation platform. The funds will support growth in U.S. and further platform development. Categories across HR tech will continue to see specialization based on...
Elpha Raises $1.1 Million Seed for LinkedIn Competitor Focused on Women in Tech
We've seen hybrid social and professional networks emerge to take on LinkedIn many times. None of them have achieved market traction or even sustainable revenue to compete. Most of them pivot into more traditional job board marketplace models. Elpha is the most recent...
Israel-based Papaya Global Raises USD $45 Million Series A for Global Payroll
Israel-based Papaya Global raised $45 Million for global payroll management. Large enterprises have several established choices for global payroll. They also have access to guidance on compliance across borders. Smaller, growing employers don't have access to the same...
Israel-based Centrical Raises USD $13 Million to Gamify Performance Management and Micro-Learning
Israel-based Centrical, formerly Biz-Effective Ltd., raised $13 million for its gamified apps that focus on micro-learning and performance management. This is a crowded HR tech category where the trends are leaning more toward putting learning and performance into the...
Brazil-based Geekhunter Raised USD $500K Seed for Its Job Board Marketplace
The latest job board with a geographical specialization to raise a seed round of VC is Brazil's Geekhunter. A developer focused job board, claiming to leverage AI for matching jobs and candidates. Source: GeekHunter from Brazil secures over US$500,000 to scale...