HRMarketWatch Podcast: CEO Daniel Chait on Greenhouse $500 Million Mega Deal
Listen here or anywhere you get your Podcasts. Greenhouse CEO Daniel Chait joins George LaRocque on WorkTech to discuss the recent $500 million mega-deal with the TPG Growth and Rise funds. Learn about: The Rise fund's focus on social impact and how Greenhouse fits...
Global HR Tech Market Opportunity: USD $380 Billion
WorkTech estimates the global market for HR technology across all categories to be $379 billion. The new data was compiled using an annualized price per employer per month (PEPM) model that WorkTech developed in 2014 and vets with HR technology providers across all...
Seven Unicorns and $2.7 Billion: Global WorkTech’s Biggest Ever Quarter of VC Investment
GET THE FREE REPORT NOW Work tech saw its biggest VC quarter ever in q1 2021 with $2.7B invested globally across 91 deals in 16 countries. The full report is available to WorkTech Market Insiders, Members, and subscribers. Meet the seven new work tech unicornsSee the...
Datapeople Raises $3 Million for Equitable and Inclusive Recruiting Through Data
Datapeople, formerly TapRecruit, announced an additional $3 million of capital raised, bringing its total raised to $8 million. Datapeople provides job description and recruiter email optimization focusing on equity and inclusion, leveraging language analytics and...
Bunch Raises $1M for Its AI-powered Leadership Coach
Bunch announced a $1 million Seed round of venture capital for its AI-powered leadership coach. This brings its total raised to $4.4 million. Bunch offers vetted and curated "bite-sized chunks" of leadership knowledge and personalizes them for users on a daily basis,...
HCM
New HR Tech Seed VC Fund: Jason Corsello Announces Acadian Ventures Fund I
Acadian Ventures announced a new VC fund for HR technology providers at pre-Seed and Seed stages, expecting to invest more than $20 million over the next few years. Jason Corsello, Acadian's founder and General Partner spoke with WorkTech founder George LaRocque about...
Workchew Raise $2.5M for On-Demand Flex Workplaces
Workchew announced a $2.5 million Seed round of venture capital to give teams and employers access to on-demand flexible workplaces by leveraging available hotel and restaurant space. The company offers a member-based subscription model providing access to workspaces...
Vyopta Raises $8 Million For Employee Collaboration Performance Management
Vyopta announced an $8 million growth funding investment round, bringing its total raised to $22 million. Vyopta develops a collaboration performance management tool that actively monitors the use of virtual and physical meeting space, providing reports on utilization...
Meet the Seventh HR Tech to Reach Unicorn in 2021, Ginger Raises $100 Million for Mental Health and Wellness
Ginger announced a $100 million Series E round of funding, bringing its total raised to $220.7 million. It also reports a valuation of $1.1 billion, making it HR technology's latest unicorn. Ginger provides on-demand behavioral health coaching, scheduled video therapy...
TREND NOTE: Germany-based Kontist Raises USD $29.5M for Its Freelancer-focused Neobank and Tax Service
Germany-based Kontist raised a USD $29.5 million B round of venture capital for its neobank (the buzz-term for an online-only bank) and tax service for the self-employed. While Kontist appears to be currently focused on the German market, it represents what we predict...
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...
Talent Acquisition
Phenom Raises $100 Million for Its Recruitment Marketing Platform Focused on Experience Becomes Latest HR Tech Unicorn
Phenom People announced a $100 million Series D round of venture capital, which brings its total raised to $167 million. Phenom also announced a valuation of $1.36 billion which makes them HR tech's latest unicorn. Launched in 2010, Phenom delivers a recruitment...
Visage Raises $7M for Its Sourcer-in-the Loop AI-based Recruiting Tech
Visage.jobs announced a $7 million Series A round of VC for its AI-powered recruitment sourcer marketplace, where talent sourcers compete to fill jobs matched to them by AI. AI also expedites the candidate matching process after sourcing. Visage reportedly has a...
TREND NOTE: Resume NFTs, the Blockchain Trend Disrupting the HR Technology Market
It was just a matter of time. If anything in HR should be "non-fungible," it's the resume. Employers want to know that they are in receipt of the original resume of a candidate with information validated by the source and protected by the blockchain. And they're...
Celential.ai Raises $9.5 Million for Its AI-powered Recruitment Sourcing Tool for Engineers
Celential announced a $9.5 million Series A round of VC funding for its AI-powered recruitment sourcing tool focused on engineers. The firm reported 7X revenue growth in 2020 and plans to leverage the funding to extend its product and operationalize the business at...
Datapeople Raises $3 Million for Equitable and Inclusive Recruiting Through Data
Datapeople, formerly TapRecruit, announced an additional $3 million of capital raised, bringing its total raised to $8 million. Datapeople provides job description and recruiter email optimization focusing on equity and inclusion, leveraging language analytics and...
UK-based Arbolus Raises USD $6M for Its Expert Advisory Marketplace
UK-based Arbolus announced a USD $6m Series A round of venture capital for its expert advisory marketplace, bringing its total raised to $9.3 million. Expert advisory networks like Arbolus, GLG, and Guidepoint have been leveraged for years as part of market research...
TALENT MANAGEMENT
TREND NOTE: Spekit Raises $12.2 Million For Digital Adoption, Learning, and Joy
Spekit announced a $12.2 million Series A for its digital adoption and learning app. Learning has been disrupted more frequently than any other category in work tech. Rapid transformations in tech have finally, or at least more effectively, caught up with the science...
Bunch Raises $1M for Its AI-powered Leadership Coach
Bunch announced a $1 million Seed round of venture capital for its AI-powered leadership coach. This brings its total raised to $4.4 million. Bunch offers vetted and curated "bite-sized chunks" of leadership knowledge and personalizes them for users on a daily basis,...
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...
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...
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...
Employee Experience
Workchew Raise $2.5M for On-Demand Flex Workplaces
Workchew announced a $2.5 million Seed round of venture capital to give teams and employers access to on-demand flexible workplaces by leveraging available hotel and restaurant space. The company offers a member-based subscription model providing access to workspaces...
VIDEO: UK-based The Happiness Index Raises USD $1.46M to Couple Emotional Intelligence with Engagement
The Happiness Index announced a USD $1.46 million Seed round of venture capital to couple emotional intelligence with employee engagement. In their product they leverage a combination of data science, AI and neuroscience to give immediate visibility into the key...
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...
Switzerland-based Nexthink Raises USD $180M for Its Digital Employee Experience App
Switzerland-based Nexthink announced a USD $180 Million D round of venture capital, bringing its total raised to $345 million. They also announced a valuation of $1.1 billion, giving them "unicorn" status. Nexthink gives companies insight into employees’ daily...
Preciate Raises $4.6M for Social Networking for Teams
preciate announced a $4.6 million Seed Round of VC for its social network app for teams. Preciate enters a crowded field of startups focused on communication and collaboration for distributed and remote teams. The category led global HR tech investment in 2020 with...
Finland-based HappySignals Raises USD $5.6 Million
Finland-based HappySignals Raised USD $5.6 million to measure employee happiness and productivity. Source: Workplace startup HappySignals used this pitch to win $5m investment - Business Insider
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LATEST DEALS
Phenom Raises $100 Million for Its Recruitment Marketing Platform Focused on Experience Becomes Latest HR Tech Unicorn
Phenom People announced a $100 million Series D round of venture capital, which brings its total raised to $167 million. Phenom also announced a valuation of $1.36 billion which makes them HR tech's latest unicorn. Launched in 2010, Phenom delivers a recruitment...
Visage Raises $7M for Its Sourcer-in-the Loop AI-based Recruiting Tech
Visage.jobs announced a $7 million Series A round of VC for its AI-powered recruitment sourcer marketplace, where talent sourcers compete to fill jobs matched to them by AI. AI also expedites the candidate matching process after sourcing. Visage reportedly has a...
Celential.ai Raises $9.5 Million for Its AI-powered Recruitment Sourcing Tool for Engineers
Celential announced a $9.5 million Series A round of VC funding for its AI-powered recruitment sourcing tool focused on engineers. The firm reported 7X revenue growth in 2020 and plans to leverage the funding to extend its product and operationalize the business at...
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