Global Work Tech VC Quarterly Reports
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Denmark-based tamigo Raises USD $10.3 Million for Its Workforce Management Platform
Denmark-based tamigo raised $10.3 million for its workforce management platform. Industries that are heavy with non-desk workers and dependent on shift scheduling continue to invest in HR technology. tamigo launched in 2006 and looks to be fully featured in the WFM...
Estonia-based MeetFrank Raises USD $1.7 Million for Another Job Board Marketplace With A Matching Focus
Estonia-based MeetFrank is the latest job board to raise VC. With a focus on matching and helping job candidates cross borders, they join an increasingly crowded market. Source: Secret Career App Startup Raises €1.5 Million - ArcticStartup
U.K.-based Otta Raises USD $1.12 Million Seed Round for Its Job Board Marketplace Focused on Matching
Otta joins the crowded space of job board marketplaces with matching engines. Matching candidates to jobs is the promise of every job board - ever. So, the shift to AI and machine learning engines matching candidates by myriad data points has shown up in most startups...
Fulcrum Raises $1 Million Seed Round for Its Job Board Marketplace Focused on Gig Workers
Fulcrum is the newest of many job board marketplace startups to focus on the gig economy. Not much detail or differentiation on their website at this time. Source: Fulcrum, which provides freelance placement opportunities for technical projects, raises $1 million
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...