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.
