Attract talent

HR Tech

Exploring the biggest players, fundraising rounds and trends in HR tech

Stories Icon6 Stories in this Deep Dive

Human resources, sometimes referred to as People & Culture at tech startups, is an absolutely vital function to any company. It is, after all, people who make up the backbone to every organization.

In the face of the COVID-19 pandemic and the Great Resignation, the workforce as we know it has radically changed. With vaccine mandates and hot-desking trends, companies now have to keep track of more employee data than ever before.

While human resources has largely been viewed as a back-office function in the past, new tools and technology have boosted the HR department right to the C-suite.

Talking Points
  • list item bullet point
    $9.2 billion
    of venture capital poured into HR tech startups as of Nov 2021, according to Pitchbook. That’s a 130% increase from 2020. Funding for HR tech also doubled from Q2 to Q4 of 2021, according to Crunchbase.
  • list item bullet point
    15
    newly-minted HR tech unicorns in 2021
  • list item bullet point
    70%
    of respondents to Gallagher's 2020 HR Technology Pulse Survey said they plan to expand or replace components of their HR technology ecosystems by 2022.
  • list item bullet point
    5
    funding rounds of $250,000 or more since September, 2021.

6 articles in this Deep Dive
By clicking "Continue" or continuing to use our site, you acknowledge that you accept our Privacy Policy and Terms of Use. We also use cookies to provide you with the best possible experience on our website.