Human resources technology
Our blog contains short snippets from our full research coverage. We release new content regularly, so check back often for the latest insights.
HR Technology 2020 Summary
Below you will find the 2020 summary for the HR technology startup market. It includes funding, maturity, and exit trends for the full year, along with key takeaways.
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HR Technology Funding Events per Quarter On Upward Trend
In this post we look back on Q2 ending funding trends for HR Tech startups to determine the trajectory of innovation in this emerging technology sector.
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Notable Startups Report and RigUp Profile
Our analysts regularly spotlight startups, and below are a few companies highlighted and profiled in our recent Notable Startups Report.
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HR Tech Q1 2020 Funding
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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HR Tech 2019 Exit Market Still Forming
As 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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HR Tech 2019 Funding Had Historic High
The below chart shows HR tech funding over time and calls out the largest funding round in recent years. As you can see, HR tech funding showed stunning growth from 2016 through 2019, with last year’s funding achieving an all-time high at $2.5B.
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