A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – HR TECH
- Work Market, a provider of freelancer management system for enterprises raises $25M from Accenture and Foundry Group – Link
- Hibob, a provider of cloud-based HRMS solution for SMBs raises $17.5M Series A led by Battery Ventures along with participation from Eight Roads Ventures, Arbor Ventures and Bessemer Venture Partners – Link
- JobTeaser, an online job portal for graduate jobs raises $17.5M in a round led by Alven Capital, Idinvest Partners, Korelya Capital – Link
- Mya, a AI-enabled applicant tracking system for enterprises raises $11.4M in a Series A round led by Emergence Capital – Link
- Talent.io,a platform for companies to hire pre-assessed tech talent raised $8.8M in a round led by Alven Capital and Ventech – Link
- Artemis Health, a provider of population analytics for employers raises $8.3M Series A round led by Maverick Ventures – Link
- easyRECrue, a provider of video interviewing platform for SMBs raised $6.5M round from
d’Entrepreneur Venture, Elaia Partners and Bpifrance’s Ambition Numérique – Link - Vibrant Minds, a campus hiring & talent evaluation company has been acquired by AlmaMapper, Edtech company in an undisclosed stock & cash deal – Link
- Express Scripts Holding has acquired myMatrixx, a provider of pharmacy benefit solutions for the workers’ compensation market – Link
SOME INTERESTING STARTUPS FOUND
Clovi (2016, Toronto), an end-to-end provider of tools to track and measure ROI of wellness programs for enterprises.
CvNext (2016, TelAviv), a tool for companies to parse CVs and shortlist candidates based on skills.
LEADER BOARD – HR TECH
HR Management Systems
Workday (2005, Pleasanton, IPO) – Cloud-based human resources, payroll and financial management suite. Went public in 2012.
Cornerstone OnDemand (1999, Santa Monica, IPO) – SaaS learning and talent management solution. Went public in 2011.
Zenefits (2013, SF, $584M) – Online payroll, benefits, HR and compliance management solutions. Backed by Fidelity, Andreessen Horowitz, Y Combinator and Khosla Ventures.
Silkroad (2003, Chicago, $192M) – Cloud-based solutions for recruiting, talent management, benefits and analytics. Backed by Azure Capital, Crosslink Capital and Foundation Capital.
Namely (2012, NYC, $158M) – Cloud-based HR, Payroll, and benefits management solution. Backed by Sequoia, Matrix Partners, Lerer Hippeau Ventures and True Ventures.
HRMS – Performance Management
Badgeville (2010, Redwood City, Acq.) – Enterprise gamification solutions for clients and employees. Backed by InterWest Partners, Northwest Venture Partners, El Dorado Ventures and Trinity Ventures.
Betterworks (2013, Palo Alto, $45.5M) – Cloud-based goal setting, tracking and performance management. Backed by KPCB,8VC and FF Venture Capital.
HRMS – Performance Management – Employee Engagement
Guidespark (2008, Menlo Park, $42M) – HR communication tool for employee engagement. Backed by NEA, Storm Ventures and IDG Ventures.
Rewardgateway (2006, London, Acq.) – Cloud-based employee engagement platform. Acquired by International Benefits Holding in 2010.
HRMS – Payroll
Paylocity (1997, Arlington Heights, IPO) – Cloud-based Payroll and Human Capital Management software. Went public in 2014.
Justworks (2012, NY, $53M) – Cloud-based payroll and benefits management solution. Backed by Redpoint Ventures, Index Ventures, Bain Capital Ventures, Thrive Capital, Bain Capital, Daring Journey Ventures, LocalGlobe.
HRMS – Benefits Management
CastlightHealth (2008, SF, IPO) – Employee healthcare management solutions. Went public in 2014.
Collective Health (2013, San Mateo, $119M) – Self-insurance SaaS platforms. Backed by Google Ventures, NEA, Founders Fund, Red Point Ventures, Maverick Capital, Formation 8 and RRE ventures.
Plansource (2002, Orlando, Acq.) – Cloud-based benefits management and HR solutions. Backed by Great Hill Partners and Lemhi Ventures. Acquired by CoAdvantage in 2008.
HRMS – Workforce Analytics
Visier (2010, Vancouver, $94.5M) – SaaS workforce analytics and planning. Backed by Adam Street Partners, Foundation Capital and Summit Partners.
Evolv (2007, SF, $42M, Acq.) – SaaS workforce performance analytics. Acquired by Cornerstone OnDemand in 2014.
HRMS – ATS Suite
Greenhouse (2012, NYC, $61M) – ATS for recruitment teams. Backed by Benchmark, Felicis, Lumia, Thrive and Social Capital.
Jobvite (2003, San Mateo, $55.5M) – SaaS platform for social recruiting, sourcing and talent acquisition. Backed by CMEA Capital, ATA Ventures and Trident Capital.
SmartRecruiters (2010, SF, $55M) – Cloud-based ATS and hiring platform. Backed by Insight Partners, Mayfield Fund, Salesforce and Rembrandt Venture Capital.
HRMS- ATS – Assessment
Hirevue (2004, South Jordan, $97M) – Web-based video interviewing platform. Backed by Sequoia, Granite Ventures, Investor Growth Capital and Technology Crossover Ventures.
HackerRank (2009, Bangalore, $20M) – SaaS platform to administer coding challenges. Backed by Khosla Ventures, Battery Ventures, SV Angels, YCombinator and ZenShin Capital.
Sourcing
Monster (1994, NYC, Acq.) – Job board and Online Career centre connecting recruiters with potential candidates. Went public in 1996.
Naukri (1997, Noida, IPO) – Career listing and job search portal. Part of Info Edge. Went public in 2006.
Glassdoor (2007, California, $201.5M) – Anonymous employee reviews and job search portal. Backed by Tiger Global, Google capital, Battery Ventures, Sutter Hill Investments and DAG Ventures.
Snagajob (1999, Glen Allen, $149M) – Job-board of hourly employment jobs. Backed by Rho Capital Partner, New Spring Capital, Invus, August Capital, Adam Street Partners, Baird Venture Partners and Croft & Bender.
Hired (2012, SF, $103M) – Pre-assessed technical hiring platform. Backed by Sherpa Capital, Lumia Capital, Google Ventures, NEA, SoftTech VC, Glenmede Trust, Ontario Pension Board and Sierra Ventures.
Jobandtalent (2009, Madrid, $86M) – Job-board that connects candidates to job opportunities. Backed by Kibo Ventures, Qualitas Equity Partners and FJME Ventures.
ZipRecruiter (2010, Santa Monica, $63M) – Web-based, job-board distribution platform. Backed by IndustryVentures, Institutional Venture Partners and Basepoint Ventures.
HunterOn (2012,Shanghai, $60M) – Platform that connects company recruiters with headhunters. Backed by Sequoia Capital, IDG Capital Partners, UOB Venture Management and China Growth Capital.
Contingent Workforce Management
Peoplematter (2009, Charleston, Acq.) – SaaS workforce management suite. Backed by StarVest Partners, Scale Ventures Partners and Harbert Venture Partners.
WorkForce Software (1999, Livonia, $32.48M)- Cloud-based workforce management solutions. Backed by Insight Venture Partners, Triangle Capital, ORIX, K1 Investment Management.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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