HrTech Fundraising of the month - November 2024
Introduction
In November 2024, 15 HrTech companies raised a significant $402.4 million in funding stages from Pre-Seed to Series D.
From AI-powered workforce platforms to cloud-based HR systems, these HrTech companies are not just disrupting traditional approaches but setting new benchmarks for the future of work and tech.
Backed by major 13 investors like ServiceNow, Ribbit Capital, and Accel, these companies are solving complex problems with scalable, tech-forward strategies.
Curious to see who’s leading the charge this month? Keep reading to find out.
Oyster is a cloud-based platform designed for remote employee HR and hiring, enabling businesses to seamlessly manage global teams.
- Funding Amount: $291 million
- Funding Round: Series D
- Lead Investors: ServiceNow
ThalamusLaw offers cloud-based software for scheduling callback interviews, streamlining the recruitment process.
- Funding Amount: $30.7 million
- Funding Round: Series B
- Lead Investor: --
minu provides on-demand pay solutions, allowing employees to access earned wages instantly.
- Funding Amount: $15 million
- Funding Round: Series B
- Lead Investor: Next Billion
Tako delivers comprehensive human resource management solutions via an intuitive platform.
- Funding Amount: $13.2 million
- Funding Round: Seed
- Lead Investor: Ribbit Capital
Matchbox Tech operates a flexible job platform connecting employers with part-time talent.
- Funding Amount: $6.15 million
- Funding Round: Series A
- Lead Investor: JAFCO
Siit empowers IT, HR, and operations teams with tools to manage and resolve internal requests efficiently.
- Funding Amount: $5.7 million
- Funding Round: Seed
- Lead Investor: Seventure Partners
Socium provides recruitment, payroll, performance, and workflow automation solutions for businesses.
- Funding Amount: $5 million
- Funding Round: Seed
- Lead Investor: Breega
Popp AI offers an AI-powered suite for applicant tracking, enhancing hiring efficiency for organizations.
- Funding Amount: $4.54 million
- Funding Round: Seed
- Lead Investor: Emerge
bubty specializes in managing contingent workforces through its advanced platform.
- Funding Amount: $3.22 million
- Funding Round: Seed
- Lead Investor: --
Miive delivers a cloud-based platform focusing on employee welfare for enterprise clients.
- Funding Amount: $2.93 million
- Funding Round: Seed
- Lead Investor: DNX Ventures
Taito integrates AI-powered performance and growth solutions directly into existing workflows.
- Funding Amount: $2.7 million
- Funding Round: Seed
- Lead Investor: Accel
Springpod is an online platform that guides students in career development and job placements.
- Funding Amount: $2.46 million
- Funding Round: Series A
- Lead Investor: American Student Assistance
MONA AI automates recruiting and sales processes for employers and staffing firms.
- Funding Amount: $2.1 million
- Funding Round: Seed
- Lead Investor: Earlybird-X
Vinter provides an AI-powered recruitment platform to streamline hiring processes.
- Funding Amount: $1.47 million
- Funding Round: Seed
- Lead Investor: ALCORA BV
Cominty is an all-in-one AI platform offering employees easy access to organizational knowledge.
- Funding Amount: $1.2 million
- Funding Round: Pre-Seed
- Lead Investor: Pierre-Étienne Lorenceau
These fundraisings wouldn’t have been possible without these investors:
- Ribbit Capital: A venture capital firm based in Palo Alto, California. The firm focuses on investments in information technology, financial services, mobile, insurance technology.
- Seventure Partners: A European venture capital firm that invests in innovative companies within the digital technologies and life sciences sectors.
- DNX Ventures: DNX Ventures is an early-stage VC firm investing in B2B startups in sectors like SaaS, cybersecurity, deep tech, and sustainability, focusing on seed and Series A companies in the U.S. and Japan.
- Breega: A venture capital firm that has grown to manage €600 million in assets under management (AUM) and supports over 100 pioneering portfolio companies from different fields, like SaaS, edtech, marketplaces, ect.
- Accel: A global venture capital firm that invests in early-stage companies and have raised multiple funds to support startups, particularly in artificial intelligence and cybersecurity.
- Earlybird-X: A venture capital firm that invests in technology-driven companies in early-stage. They also support entrepreneurs with capital and strategic resources to accelerate growth.
- Next Billion: A venture capital firm that invests in businesses that address critical challenges,making significant social impact.
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