Global HR Tech VC Quarterly Reports
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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...
Germany-based Bunch Raises USD $1.5 Million Seed Round to Listen to Employee Slack Channels and Measure “Morale”
German startup Bunch is the latest to venture into employee "listening" apps designed to passively track employee communications, analyze the captured data via natural language processing (NLP), and then provide one of a variety of measurements back to the employer....
Workiz Raises $5 million Series A Blending Workforce Management and Team Collaboration with CRM, Invoicing for SMBs in Field Service Industry
Workiz probably doesn't see itself as HR technology any more than the SMBs in field service industries see themselves doing workforce management when they schedule shifts or align time tracking with payroll and benefits. They probably don't consider employee...
Sana Benefits Raises $6.3 Million for Employer Benefits Platform Leveraging Automation
Sana Benefits raised $6.3 Million for its employer benefits platform that leverages data and automation to provide improved choice and lower costs for healthcare benefits to employers. By leveraging data and automation and associated administration costs Sana has been...
Fountain Raises $23M For Gig and Hourly Job Board Marketplace
Fountain is the latest "hiring platform" to raise funds in the increasingly crowded hourly and flex worker category. Fountain claims to process more than 1 million applications to fill 150,000 hourly and gig positions every month for its customers. They repport to...
France-based Welcome to the Jungle Raises USD $22.3 million for its Branding-focused Job Board Marketplace and Extends into ATS and Onboarding
I'm not sure this is what Axl Rose had in mind. France-based Welcome to the Jungle has raised USD $22.3 million. The job board marketplace has an employer branding focus, incorporating articles, webseries, podcasts, magazines, events, etc. all of which employers can...
FRance-based ELEVO Raises USD $1.1 Million for Performance Management
France-based Elevo raised USD $1.1 Million and joins the very crowded performance management category of HR tech. Source: ELEVO raises 1 million euros in funding
Dubai-based Bayzat raises USD $16M Series B For Its HRIS, Benefits Administration, and Payroll Platform
Dubai-based Bayzat is the latest HR tech startup to call attention to geographic and specialization trends for HR tech, focusing on SMEs in UAE. Source: Dubai-based Bayzat raises $16M in funding from multiple investors | StartUp Bahrain
Australia-based FlexCareers raises $4.5 Million To Help Moms Return to The Workforce via Its Job Board Marketplace.
FlexCareers is a job board marketplace to help women return to the workforce after taking time to raise their children. On the job board side - it looks like a niche play for employers looking to do the right thing and align their brand with this sort of effort. On...
U.K.-based HowNow Raises USD $3 Million for Its Workplace Learning App – Joins the “Skills-based” Wave of Startups
HowNow joins the recent onslaught of "skills-based" apps that are designed to identify an organizations skills gaps in its workforce while also identifying a skills path for individual employees, normally via some combinations of learning, mentoring, content sharing,...
Canada-based Benevity Raises $40M Series C for Corporate Social Responsibility As a Means to Engagement
Benevity offers a corporate social responsibility (read employee giving and volunteerism) app and correlates that to employee engagement in both the app and its market-facing messaging. The tie to engagement looks deliberate to us. CSR programs can be owned by...