Q3 surpassed all expectations for global HR technology venture capital investment, itself exceeding all of the VC we tracked in 2017 and bringing the year-to-date (YTD) 2018 dollar volume to nearly triple what was invested last year. With nearly $1.2 Billion USD invested in Q3, that brings the total year-to-date to $2.83 Billion. 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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