Bloomberg Beta and Accel Partners are each investors in 2 of the companies on our list. All the companies have raised in the last 6 months.
Funding to HR tech startups exploded in 2015, hitting $2.4B across 383 deals. Tech companies are addressing various pain points within HR, including issues like diversity (Jopwell), connecting talent to jobs on-demand (JobToday), talent sourcing (Lytmus), and more.
We used the CB Insights Mosaic algorithm, which provides predictive analytics on the health of private companies, to assess early-stage startups in the space (Series A or seed/angel companies). The list of companies below have raised financing in Q4’15 or 2016 year-to-date, have less than $11M in total funding, and show other positive metrics, including jobs listings data or recent news mentions, among other signals parsed by Mosaic.
Among the high-momentum startups on our list is Phenom People, which applies CRM tech to hiring and has raised roughly $11M to date, making it the most well-funded company on our list. The already-mentioned mobile HR app JobToday (which tries to connect candidates with retail/restaurant jobs within 24 hours) along with pre-employment testing service Criteria Corp round out the list’s top 3.
The list ranks the startups by total disclosed funding.
Bloomberg Beta and Accel Partners are each investors in 2 of the 10 companies on our list. Check out the list below.
|Company||Last Funding (Month/Year)||Total Disclosed Funding ($M)||Select Investors|
|Phenom People||2/1/2016||$ 11.0||Sigma Prime Ventures and Sierra Ventures|
|JobToday||1/28/2016||$ 10.0||Accel Partners, Felix Capital and Mangrove Capital Partners|
|Criteria Corp||10/19/2015||$ 9.1||Level Equity|
|Textio||12/16/2015||$ 9.0||Bloomberg Beta, Cowboy Ventures, Emergence Capital Partners, and Upside Partnership|
|AppCast||11/12/2015||$ 7.5||Baird Capital Partners, IrishAngels and Point Judith Capital|
|Lytmus||10/1/2015||$ 7.2||Accel Partners and New Enterprise Associates|
|Pymetrics||12/2/2015||$ 6.6||Khosla Ventures|
|Jopwell||1/20/2016||$ 3.4||Andreessen Horowitz, Kapor Capital, Magic Johnson Enterprises, Omidyar Technology Ventures, and Valar Ventures|
|Jobbatical||3/2/2016||$ 2.9||LocalGlobe, SmartCap, and Union Square Ventures|
|Bonusly||11/20/2015||$ 2.0||Bloomberg Beta and FirstMark Capital|
Want more HR tech data? Check out our venture capital database below.