In the first quarter of 2023, the HrTech industry experienced a remarkable upswing in investment, with more than US$1.70 billion raised in just three months. Several HrTech startups have raised significant amounts of capital.

This article will explore some HrTech startups and companies that have raised funds during the last month (March) and some of the lead investors in the HrTech space during this period.

Startups Fundraising in March 2023

An insurance company that provides brokerage and insurance coverage services.

  • Funding Amount: US$ 179M
  • Funding round: Private Equity
  • Lead Investors: General Atlantic, Georgian, and Venture Partners

Kindbody is a fertility clinic network and family-building benefits provider for employers.

  • Funding Amount: $ 100M
  • Funding round: Venture - Series Unknown
  • Lead Investors: Google Ventures, RRE Ventures, Perceptive Advisors, Claritas Health Ventures, and Marco DeMeireles

Rain is an app designed to help employees by giving them early wage access to their earned money when they need it.

  • Funding Amount: $ 66M
  • Funding round: Series A
  • Lead Investors: QED Investors, Sound Point Capital Management

Brigad is an app that connects self-employed professionals with businesses for short-term missions.

  • Funding Amount: $ 29.9M
  • Funding round: Series B
  • Lead Investors: Balderton Capital, Serena, 50 Partners, Leap Ventures, Square Capital

Crew.Work provides an all-in-one productivity tool designed for recruiters.

  • Funding Amount: US$ 2.3M
  • Funding round: Seed
  • Lead Investors: Kima Ventures, Y Combinator, Rebel Fund, and Secret Fund

Palm is an AI-powered talent marketplace that provides companies with a single solution for managing Talent development, retention, and upskilling.

  • Funding Amount: $ 2M
  • Funding round: Seed
  • Lead Investors: 212 Founders, STATION F and Kima Ventures

Jobgether is a recruitment & talent marketplace focused on remote and flexible jobs for white-collar workers.

  • Funding Amount: US$ 1.5M
  • Funding round: Seed
  • Lead Investors: 4Ventures and Finance.Brussels

Sweeetch is a recruitment platform focused on apprenticeships and work-study contracts.

  • Funding Amount: $ 500k
  • Funding round: Venture - Series Unknown
  • Lead Investors: Business Angels

Here’s a list of the lead investors in the HrTech sector during this month 👇

  • MassChallenge: the global non-profit startup accelerator and competition with a focus on high-impact, early-stage entrepreneurs.
  • GSR Ventures: venture capital firm focused on early-stage technology companies developing AI-enabled enterprise software.
  • Point72 Ventures: an every-stage global VC fund focused on deep tech, and enterprise investments led by Steven A. Cohen.
  • Kickstart Ventures: provides funding, and facilities for start-ups.
  • SOSV: multi-stage VC firm focused on human and planetary health and other filed based in New Jersey, U.S.
  • 3one4 Capital: is an early-stage venture capital fund based in Bangalore, India.
  • Landry HoliSAVE: Individual/Angel investor, Founder & CEO of Fairval.
  • Kima Ventures: promotes the growth of startups.
  • IDG Capital: a Chinese investment firm that funds early- to growth-stage companies in the technology sector.
  • Insight Partners: focuses their investments on growth-stage technology and software companies.
  • Balderton Capital: Early-Stage Venture Capital Investor.
  • UI Investissement: involved investor for companies.

🤔 Did we miss your HR Tech startup's fundraising? Let us know so we can include you in the article:

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