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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.
Read MoreAs part of our research process, we track and analyze exit developments within the sector. The below chart shows HR tech exit activity over time. As you can see, the HR tech exit market is in the formation stage with harvesting activity starting to develop over the past few years.
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