a16z, 500 Startups, and NEA are the three most active investors in HR tech startups.

HR tech investment is booming. In 2015, HR tech saw $2.4B in funding across 383 deals.

Outside of the $100M+ mega-rounds to companies including OneSource Virtual, and FXiaoKe there have been a flurry of investments into startups addressing pain points ranging from staffing, recruiting, to employee benefits and more.

Which firms are most active? We used CB Insights data to rank VCs by their unique HR tech investments over the past 5 years.

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Andreessen Horowitz and 500 Startups top the list as the most active investors in HR tech startups. Both firms are now not only the most active VC investors in HR tech but also were among the most active early-stage VCs overall in 2015. Some other takeaways from our infographic:

  • In the past year, Andreessen Horowitz has made various early-stage HR tech bets including investments in HR analytics company Reflektive and recruitment software Jopwell. Additionally, they have placed a big bet (reportedly their largest single investment) on Zenefits. Andreessen Horowitz participated in a $500M mega-round to Zenefits in May 2015.
  • 500 Startups is tied in first place as the most active HR tech investor since 2011. They have recently placed bets in office management software Service Partner ONE and HR management platform Allay, among several other companies.
  • The third- and fourth-most active HR tech VC investors were New Enterprise Associates and Khosla Ventures. NEA has made investments in freelance marketplace Elance, which merged with Odesk to create parent company Upwork Global. Following the merger, NEA invested in a $30M round to Upwork in November 2014. Khosla, which ranks fourth on our list, is invested in recruiting software startup Pymetrics, among other companies.
  • Other firms on the table are SV Angel, East Ventures, Kapor Capital, and Lerer Hippeau Ventures.

See the rest below. Click image to enlarge.

infographic_hr.tech_investor.rank_3.16_v5

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  • http://www.rchilli.com/ Vinay Johar

    HRtech space is minting investments as companies get more aggressive to grab best talent first and faster. Companies are seeking value in return to their investment. Be it management, staffing, better hiring, intuition , learning, productivity, optimization or skills building, technology is creating new paths. CB insights a wonderful place to see these data.