Q2 concluded a vigorous first half of 2018 for global HR technology venture capital investment, and has already pushed 2018 past all of 2017 for total dollars invested. With just over $533 million USD invested, that brings the total year-to-date to $1.33 Billion, roughly $200K more than invested in all of 2017. And, barring any unforeseen events in the global economy, the pace looks to remain fast-paced.
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.” While you’re at it, please take a gander at the 2017 annual look-back and the previous quarterly reports published. We’re also available to chat with you regarding any deeper insights you may require.
Enjoy the report, and please leave comments or questions in the comments, or anywhere else you can find us.
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