HR Tech

The HR tech startup just raised $300 million in new funding.

Rippling’s CEO Parker Conrad said Deel “cultivated a spy at Rippling” to identify potential customers.

This analyst note explores the ways that human resources technology is evolving the employee experience.

Barcelona-based HR automation specialist Factorial has almost doubled its valuation with a $120 million round, becoming Europe’s newest unicorn.

Incredible Health’s $80 million Series B is the latest example of VC appetite for tech-enabled marketplaces, which are trying to help solve the nursing shortage by matching healthcare workers with hospitals.

Munich-based Personio has raised another $200 million for its Series E, increasing its valuation by 35%.

HR tech had an exceptionally robust 2021 as companies in the sector stepped up to help employers hire diverse workforces and navigate hybrid or remote work arrangements.

PayFit has raised $287 million in Series E funding, making it Europe’s first unicorn of 2022 and continuing the surge in funding for HR tech startups.

Temporary staffing agency Jobandtalent has raised $500 million, marking the largest round yet for an HR tech startup in Europe, according to PitchBook data.

Venture capital is flowing into HR tech startups at an unprecedented pace.

In the midst of an economic downturn, venture capitalists are keeping tabs on what industries can thrive. Some investors are bullish on the future of HR automation.