If you thought 2018 was an amazing year for global HR tech VC, get ready to pick your jaw up from your desk. Q1 2019 surprised us on a few levels:

There’s the sheer dollar volume: $1.741 Billion USD. To put that in perspective, it’s significantly more than any quarter in 2018, and $677 million more than we tracked in all of 2017.

Then, there are the mega rounds. There were four deals with a value of at least $100 million.

As you can see in the report, the investment trends do align with workforce and tech trends that employers are demonstrating in our primary and secondary research. However, this report only looks at this point in time – the trends reflected, and the vendors that received the funding in this quarter. While a vendor in this report may be aligned with a trend, the timing of their investment by no means reflects validation of their product, or their competitive standing. We’re not financial analysts, and we aren’t making any recommendations of the sort.

As a leader in HR with any concern for technology and its impact on the work of the future it is important to look at this report and the trends reflected to get a sense of what tech is “in the funnel.”

Two additional HRWins resources will help you get a handle on the trends and emerging tech in the workplace:

  • The new 2019 Workplace Intelligence Report developed in partnership with Greenhouse. It definitely points to some areas where technology can help us improve.
  • HRWins VC and M&A page you’ll find M&A deal news, VC reports, annual look backs, and VC deal by deal analysis as they happen.

Of course, we’re also available to chat with you regarding any deeper insights you may require. And, stay tuned, we have two big investment reports in the queue for late April/Early May: The Global HR Tech M&A Report, and a 9 Quarter Global HR Tech VC Trends & Insights Report. More on those in our newsletter, soon.

Enjoy the report, and please leave comments or questions in the comments, or anywhere else you can find us.