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2020 HR Technology Funding Recap

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Despite a global pandemic it was a banner year for funding in 2020 when it came to HR technology. The big winner was Eightfold’s $125 million round for its AI based recruiting software. We are living through the golden age of HR tech and the money is still flowing like a torrent.

JANUARY

  • Host (bartender on demand) raised $450k

  • Apploi raised $5.2 million

  • LumApps (intranet software) raised $70 million

  • Ubeya (workforce mgmt) raised $3.5 million

  • Catalant Technologies raised $35 million

  • Justworks raised $50 million

  • LaborChart (Construction Workforce Management) raised unknown amount Series A

  • 1Huddle (HR/skills gamification) raised $5 million

FEBRUARY

  • EmployStream (onboarding) raised $7 million

  • IntelyCare (nurse staffing) raised $45 million

  • WorkGenius (freelance market) raised $7 million

MARCH

  • WorkN (on demand staffing) raised unknown Series A

  • Mya Systems (AI for hiring) raised $18.75 million

APRIL

  • WorkJam (employee engagement) raised $50 million

  • NextStep (skills training) raised $3.6 million

  • Learn In (skills training) raised $3.5 million

  • Oyster (International Payroll for Remote) raised $4.2 million

  • Remote.com (International payroll) raised $11 million

MAY

  • VNDLY (workforce management) raised $8.5 million

  • Emtrain (workplace culture) raised $8 million

  • Workstream (hourly hiring) raised $10 million

  • Paradox (AI and automation) raised $40 million

  • Traitify (assessments) raised $12 million

  • Workvivo (employee comms) raised $16 million

  • Syndio (pay equity) raised $7.5 million

  • GO1 (remote learning) raised $40 million

  • TrueWork (background screening) raised $30 million

  • Chief (womens exec network) raised $15 million

JUNE

  • Bonusly (employee recognition) raised $9 million

  • Vetty (employee verification) raised $4 million

  • PairIn (workforce programs) raised $2.1 million

  • CoderPad (tech assessments) raised unknown amount

  • TradeHounds (construction job network) raised $3.2 million

  • Steady (freelancer finance app) raised $15 million

  • Librestream (augmented worker training) raised $24 million

  • Humi (HRIS) raised $15 million (CAD)

  • Workshield (workplace harassment) raised $4 million

JULY

  • The MOM Project (women’s job matching) raised $25 million

  • Work (HR software) raised $3 million

  • Lattice (people management) raised $45 million

  • Gem.com (recruiting/sourcing) raised $37 million

  • Jobcase raised another $30 million

  • Crosschq (hiring) $6.4 million strategic financing

  • Sift (people directory) raised $3 million

  • Knockri (AI skills assessments) raised 2.15 million

AUGUST

  • CloudPay (payroll) raised $35 million

  • Springboard (student employment) raised $31 million

  • Hiretual (sourcing tool) raised $13 million Series B

  • Interview Mocha (assessments) raised $600k

  • ChartHop (people data) raised $14 million

  • Turing.com (tech hiring) raised $14 million

SEPTEMBER

  • Mathison (diversity hiring) raised $2 million

  • LifeSpeak (digital mental health benefits) raised $42 million

  • BrightHire (interview platform) raised $3 million

  • Beny (benefits software) raised $1 million

  • Winningtemp (employee engagement) raised $15 million (Euros)

  • Bryq (bias free hiring) raised $1.2 million (Euros)

OCTOBER

  • JobGet (hourly hiring) raised $2.1 million

  • Findem (people intelligence) raised $7.3 million

  • Handshake (college recruiting) raised $80 million

  • Vowel (remote teams) raised $4.3 million

  • EveryoneSocial (employee advocacy) raised $7.6 million

  • Eightfold (recruiting/AI software) raised $125 million

  • MarketerHire (freelance marketing gigs) raised $3 million

NOVEMBER

  • Remote.com adds another $35 million in funding

  • TestGorilla (pre-employment testing) raised $1.2 million

  • Transfr VR (VR job training) raised $12 million

DECEMBER

  • Let’s Dive (remote working) raised $1.7 million

  • Welcome (onboarding) raised $6 million

  • FA Match (financial recruiting) raised $1 million

  • Codi (remote work) raised $7 million

  • CodeSignal raised $25 million

  • myInterview (video interviewing) raised $5 million

  • HiBob (HR software) raised $70 million

  • Turing (remote work) raised $32 million

So thats it. By my calculations that’s at least a total of 1.29 billion dollars of funding. I didn’t convert any of the Euros so this isn’t quite accurate but any way you cut it, one billion plus dollars flowed into HR tech in 2020.

In an ironic twist, the first announcement from January was for a bartender on demand marketplace called Host. That didn’t work out with the pandemic so the company pivoted to virtual events.

To see all the announcements for these deals click here for the list on HR Tech Feed.

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