This blog post provides an excerpt from our Quarterly Review for Human Resources Technology (HR Tech) and focuses on the quarterly funding trend.
The below chart summarizes HR Tech year-to-date funding compared to last year. As you can see, Q1 2020 funding closed at $137M, which is a 66% drop from Q1 2019. A quarter of the way through 2020, and we are at 5% of the 2019 full-year funding amount.
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