Technology has fundamentally changed how HR functions. Investors, entrepreneurs, and execs explain the top trends and predictions for the future of HR.
Concur, Infor, and Workday had the most combined acquisitions and investments in unique companies.
Some of the biggest rounds with crossover participation last year included deals to SnagAJob, GlassDoor, and Hired.
500 Startups, SV Angel, NEA, & Andreessen Horowitz top the list.
This year, for the first time, HR tech startups based outside the US are on track to take a majority of deal share in the space.
There were four IPOs this year, including three in Australia, but there has been only one $1B+ exit in the space in recent years.
General Catalyst, Greylock, and CRV are among the investors backing HR tech companies helping temporary workers find jobs.
From automation and benefits, to recruitment and coaching, HR tech companies are still disrupting HR.
NEA, Andreessen Horowitz, and Khosla are the most active smart money VCs in HR tech.