Global Work Tech VC Quarterly Reports
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U.K.-based Natural HR secures $326K USD for its HRIS
There's a growing list of core HCM tech targeting the middle-market. It's made up of firms like Natural HR and international players targeting market. While a $326K round of funding sounds like an Angel or Seed round, Natural HR has been at it for 10 years and boasts...
France-based Agorize raises $14.5 million USD to Connect Students, Developers, & Startup Talent With Big Brands
If you're a big brand going through a digital transformation (which is 99% of big brands right now) open innovation challenges are a great way to do two things: solve business problems and develop an incredible pipeline of talent. Agorize is a new marketplace that is...
German LinkedIn rival Xing is rebranding as ‘New Work,’ acquires recruitment platform Honeypot for up to $64M
Interesting moves in the global Talent acquisition tech market. On one hand this maps to the specialization by industry (tech) and geography (Germany) of HR tech providers. But, will Xing make a play to scale globally? From TechCrunch: Xing, the business networking...
Netherlands-based Unit4 Acquires Intuo To Extend HCM Offering For Service Businesses
Another deal highlighting market segment specialization. The services segment is hot. I expect to see more HR tech apps and platforms focused there. This is less about market consolidation and more about standing out in a growing and fragmented marketplace. From...
Goodly Raises $1.3M Seed For Student Loan Assistance Employee Benefit
Financial wellness is a sub-category of total well-being that gets a lot of attention in the world of HCM and benefits. Student loan debt is increasingly viewed as an area where employers can better attract and retain talent via a benefits offering. I expect to see...
EmployStream Raises $3.5 Million Series A for Onboarding in the Staffing Industry
Onboarding for staffing is focused on the contingent workforce, and of course speed. The quicker you can get a contractor or temp processed and ready to start, the faster you get to recognize revenue and minimizes "ghosts." Over time that speed translates to a better...
Mursion Raises $8M for VR Solution Targeting Workplace Bias Through Simulations
Vendors are still trying to find a home for VR in HR tech. Training is an obvious starting point. Bias is a hot topic. Our recent Workplace Intelligence Report research suggests that the opportunity to truly impact bias is during the flow of work, where behaviors can...
ActivTrak raises $20 million for employee monitoring software | VentureBeat
HRWins research across more than 1300 companies in the U.S. and U.K. showed "improving employee productivity" as the #1 business issue. Leveraging aggregate data to provide analytics on productivity will strike a chord with the C-suite, but how this ties to the...
BurnAlong Raises $1.5 Million For Its Physical Wellness App
Employers have a quickly expanding list of wellness apps to choose from in every category. I expect to see more narrow wellness offerings (physical, financial, mental, etc.) roll-up into total well-being apps/platforms....