Introduction

As seasons change, it’s launching momentum for HrTech startups.

In September 2024, 15 HrTech startups across various fundraising stages have secured $225.5 million in funds.

From pre-seed rounds to Series D, these startups are transforming HR processes, payroll, talent management, and workforce solutions through tech, particularly in AI-driven platforms.

Join us as we highlight the most notable fundraisings in the HrTech sector this September.

HrTech Fundraising of the month - September 2024

Oyster offers solutions for managing payroll and HR for distributed teams, specializing in global compliance for remote workers.

  • Funding Amount: $59 million
  • Funding Round: Series D
  • Lead Investors: Silver Lake Waterman

Mercor provides AI-driven insights to enhance workplace productivity and decision-making.

  • Funding Amount: $30 million
  • Funding Round: Series A
  • Lead Investors: Benchmark with Victor Lazarte

TeamBridge offers a platform for enhancing team collaboration and performance management.

  • Funding Amount: $28 million
  • Funding Round: Series B
  • Lead Investors: Mayfield

Roots Automation specializes in AI solutions that automate HR processes, improving efficiency.

  • Funding Amount: $22.2 million
  • Funding Round: Series B
  • Lead Investors: Harbert Growth Partners

Aceup provides personalized AI-powered coaching solutions for team development and transformation.

  • Funding Amount: $22.5 million
  • Funding Round: Series A
  • Lead Investors: PJC

Jet HR focuses on revolutionizing payroll solutions specifically for the Italian market.

  • Funding Amount: $12.5 million
  • Funding Round: Seed
  • Lead Investors: Picus Capital

Jump supports freelancers with tools and services that facilitate project management and collaboration across Europe.

  • Funding Amount: $11 million
  • Funding Round: Series A
  • Lead Investors: Breega

Clasp offers innovative solutions for financial wellness and employee benefits management.

  • Funding Amount: $10 million
  • Funding Round: Venture
  • Lead Investors: Crosslink Capital

Smalt leverages technology to improve talent acquisition and workforce management within the energy sector.

  • Funding Amount: $8.9 million
  • Funding Round: Seed
  • Lead Investors: noa (formerly A/O)

Timefold develops AI-driven scheduling solutions to enhance productivity in workplaces.

  • Funding Amount: $6 million
  • Funding Round: Unknown
  • Lead Investors: Lakestar

Sloneek provides tools for workforce management and team collaboration.

  • Funding Amount: $4 million
  • Funding Round: Seed
  • Lead Investors: Purple Venture

Become.1 focuses on providing innovative solutions for job seekers and employers in the recruitment space.

  • Funding Amount: $3.3 million
  • Funding Round: Seed
  • Lead Investors: D11Z.Ventures

Checkmate provides innovative solutions for reference checking in recruitment processes.

  • Funding Amount: $2.7 million
  • Funding Round: Seed
  • Lead Investors: Wavemaker Partners

Zive is focused on enhancing employee experience through innovative HR solutions.

  • Funding Amount: Not disclosed (Pre-Seed)
  • Funding Round: Pre-Seed
  • Lead Investors: Headline

Willo provides a platform for video recruitment, helping companies streamline their hiring processes.

  • Funding Amount: $2.4 million
  • Funding Round: Unknown
  • Lead Investors: Peter Bauer

These fundraisings wouldn’t have been possible without these investors:

  • Silver Lake Waterman:: Growth equity firm focused on technology investments.
  • Benchmark: Silicon Valley venture capital firm investing in early-stage tech startups.
  • Mayfield: Venture capital firm backing early-stage technology companies.
  • Harbert Growth Partners: Growth equity firm providing capital to high-growth tech companies.
  • PJC: Venture capital firm investing in early to growth-stage tech companies.
  • Breega: European VC firm investing in sustainable tech companies.
  • Crosslink Capital: Growth equity firm investing in tech and consumer-driven businesses.

🤔 Did we miss your HR Tech startup's fundraising? Let us know so we can include you in the article: [contact@hrflow.ai]

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