HCM, HR, and Payroll Tech With Context For your Business

HCM, HR, and PAYROLL

The HR tech category that started it all continues to innovate. As businesses continue to transform digitally and work becomes both more global and less traditional, the expectations of core HR systems also transforms. HR and People Operations pros are demanding more from their HR platforms, and tech vendors are stepping up to the challenge.

Lili Raises $55 Million for Its Freelancer Banking App

Lili announced a $55 million Series B round of venture capital for its freelancer-focused banking app. This brings its total raised to $80 million. The number of people working independently in the US is on the rise for both full-time and "side hustle" scenarios,...

Spot Raises $1.7 Million to Build ‘Sims for the Enterprise’ for the Return to the Office

Spot raised a $1.7 million Seed round of venture capital for its hybrid work platform, positioned as "Sims for the enterprise." The post-COVID return to the office has resulted in the funding of several workplace planning, safety, and hybrid work supporting startups....

DailyPay Raises $175 Million for On-Demand Pay – Adds Debt Financing and Looks Beyond HR and Work

DailyPay announced a $175 million Series D round of venture capital for its on-demand pay solution. It also added debt financing (what they call credit capital) of $325 million. DailyPay's total raised to date is unclear because several of its earlier rounds were...

Vida Health Raises $110 Million Bringing Employees Physical and Mental Health Wellness

Vida Health announced a $110 million Series D round of venture capital funding for its virtual chronic care platform. This brings its total raised to $188 million. Vida believes "that personalized, continuous virtual mental and physical care can be more effective and...

China-based Beisen Raises USD $260 Million for Low Code Core HR and Talent Management

China-based Beisen announced a USD $260 million Series F round of venture capital for its low code core HR and talent management platform. Claiming to be China's largest HR SaaS and talent management platform, this brings its total raised to $388 million. It is...

Legion Raises $50 Million for AI-powered Workforce Management

Legion announced a $50 million Series C round of venture capital for its AI-powered workforce management solution. This brings its total raised to $85.5 million. Workforce managment tech is core to getting work done. If you consider what the vast majority of jobs look...

UK-based Unmind Raises USD $47 Million to Tie Clinically-Backed Insights on Employee Mental Wellness to Business Impact

UK-based Unmind announced a USD $47 million Series B round of venture capital funding for its employee mental wellness app. This brings its total raised to $63.2 million. Unmind's co-founder and CEO Nick Taylor is a clinical psychologist. It's an important distinction...

Zenovate Raises $1 Million for Employee Wellbeing

Zenovate announced a $1 million Seed round of venture capital as it pivots from providing on-demand physical wellness services like massage onsite to employers to a virtual wellbeing app providing teletherapy, physical wellness classes, and mental wellness in addition...

Collective Health Raises $280 Million for Integrated Health Insurance and Tech for Employers with Self-funded Benefits

Collective Health announced a $280 million Series F round of venture capital for its integrated health insurance and benefits platform for self-funded employers. This brings its total raised to $719 million. The Collective Health platform aims to help employees...

Australia-based SafetyCulture Raises USD $73 Million for Workplace Safety and Becomes Latest Work Tech Unicorn

Australia-based SafetyCulture announced a USD $73 million Series D round of venture capital for its workplace safety inspection and observation app. This brings its total raised to $222.8 million. The company also announced a valuation of $1.6 billion making it the...

France-based PeopleSpheres Raises USD $10 Million for HR Platform as a Service

France-based PeopleSpheres announced a $10 million round of venture capital for its Platform as a Service (PaaS) solutions focused on integrating existing HR tech into a flexible and extendable platform. PaaS is an architecture in cloud computing that provides a...

Israel-based Connecteam Raises USD $37 Million for Deskless Workforce Management

Connecteam announced a $37 million Series B round of venture capital for its workforce management app for deskless workers. This brings its total raised to $38 million. Founded in 2016, Connecteam’s 10,000-plus global customers span 60 countries. During 2020, the...