The HrTech landscape has witnessed a thrilling expedition, and the accomplishments of June have left an indelible mark. Fuelled by a remarkable surge of capital inflow since the year's inception, this vibrant industry continues to mesmerize investors and spearhead groundbreaking advancements.

In June, fifteen remarkable startups recently secured an astounding $316 million in funding, propelling their growth and opening doors to unprecedented opportunities.

But this journey would be incomplete without acknowledging the visionary investors who recognize the boundless potential within this dynamic realm.

HrTech Startups Fundraising - June 2023
HrTech Startups Fundraising - June 2023

Odoo is a comprehensive suite of business management software that offers a wide range of applications to streamline and automate various business processes.

  • Funding Amount: $163M
  • Funding round: Private Equity
  • Lead Investors: General Atlantic

Carrum Health is a value-based center of a platform that negotiates directly with top healthcare providers to offer upfront bundled payments to employers.

  • Funding Amount: $45M
  • Funding round: Series B
  • Lead Investors: OMERS Growth Equity

Swing Education is a solution to transforming how K-12 schools and substitute teachers connect by providing them to fill hard-to-fill staff absences.

  • Funding Amount: $38M
  • Funding round: Series C
  • Lead Investors: Apax Partners, Reach Capital

It offers global hiring teams recruiting intelligence and control at every step of the hiring process – starting with their job descriptions.

  • Funding Amount: $13M
  • Funding round: Series A
  • Lead Investors: GreatPoint Ventures, New Markets Venture Partners

It’s a conversational AI solution that bridges automated chat interactions and AI-powered virtual interview analytics for better hiring.

  • Funding Amount: $12M
  • Funding round: Series A
  • Lead Investors: Drive Capital

The solution develops a healthcare data platform for the employee benefits sector.

  • Funding Amount: $10M
  • Funding round: Venture
  • Lead Investors: -

‌A digital relocation expert that helps employees to grow by offering solutions in immigration, housing, and thus retaining talent.

  • Amount: $6.54M
  • Funding round: Seed
  • Lead Investors: 2050 and Mediahuis

The solution offers diagnosis and treatment, clinical advice, educational support, financing, and ongoing healthcare for employers across the UK, Europe, Asia, and the US.

  • Funding Amount: $6.3M
  • Funding round: Seed
  • Lead Investors: Notion Capital, Triple Point Ventures

Jet HR makes managing people incredibly simple: payroll, benefits, devices, compliance, and much more.

  • Funding Amount: $5.1M
  • Funding round: Seed
  • Lead Investors: EXOR N.V., Italian Founders Fund

Employee Mental Well-Being Platform makes mental healthcare a natural part of modern daily life by removing the fear and uncertainty from the clinical, complex process of seeking care.

  • Funding Amount: $5M
  • Funding round: Seed
  • Lead Investors: Molten Ventures

It’s an API for Employment Systems. Gain access to 200+ HRIS, Payroll, and Benefits systems through a single API.

  • Funding Amount: $3.5M
  • Funding round: Undisclosed round
  • Lead Investors: Intuit

It's an end-to-end employee lifecycle management system that manages everything from onboarding, procurement, devices, payroll, leave, and attendance to employee offboarding

  • Funding Amount: $3.2M
  • Funding round: Pre-Seed
  • Lead Investors: -

A fast solution for companies to hire tech talent. Over 100,000 verified developers from 100+ countries.

  • Funding Amount: $2.3M
  • Funding round: Venture - Series Unknown
  • Lead Investors: Golden Section

Heynannyly is an all-in-one solution for a future-oriented employer brand. Childcare and eldercare to relieve the burden on employees.

  • Funding Amount: $1.6M
  • Funding round: Seed
  • Lead Investors: -

Boulo is the recruiting industry’s go-to resource connecting results-driven employers with a diverse pool of talent – including women, mothers, and caregivers- looking for flexibility.

  • Funding Amount: $1.5M
  • Funding round: Seed
  • Lead Investors: Naples Technology Ventures

Here’s a list of some lead investors in the HrTech sector 👇

  • General Atlantic: a private equity firm providing capital and strategic support for growth companies.
  • OMERS Growth Equity: invests and partners with companies that focus on the healthcare and technology sectors.
  • GreatPoint Ventures: an early-stage venture capital firm investing between $250k and $20m into Seed, A, and B rounds.
  • New Markets Venture Partners: an early and growth stage venture capital firm.
  • Drive Capital: private investment firm that partners with entrepreneurs in building long-term, sustainable businesses.
  • 2050: is an investment fund that combines performance and company alignment and is set out to craft a fertile future.
  • Mediahuis: is the corporate venture capital arm of independent publishing and media company Mediahuis.
  • EXOR N.V: a diversified holding company that makes long-term investments focused on global companies in diversified sectors.
  • Intuit: offers business and financial management solutions for SMBs, financial institutions, consumers, and accounting professionals.
  • Golden Section: a venture capital fund.
  • Naples Technology Ventures: a venture capital firm focused on investing in early-stage technology and services companies.

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