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Tracxn – Analyst Notes # 1294 – HRTech

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Analyst Picks

  • Rocket (2017, San Francisco) – AI based recruitment solution
    Market: HRTech > Candidate Sourcing > Job Board > Job – Matching
  • VinHRM (2017, Kozhikode) – Attendance and payroll management software
    Market: HRTech > Contingent Workforce Management > Suite
  • MiMxHR (2017, Bangalore) – Online HR management software
    Market: HRTech > HRMS > Suite > SMB
  • Job Bank (2017, Blackburn) – Recruiting and staffing software
    Market: HRTech > Recruitment Process Management > Suite
  • Skill TIN (2017, Delhi) – Recruitment platform for employers
    Market: HRTech > Candidate Sourcing > Job Board > Discreet Job Board

Funding Rounds

Series C, $60M
Reflektive (2014, San Francisco, $101.6M) – Real Time Feedback and Company Performance platforrm

Investors: TPG, Andreessen Horowitz, Lightspeed Venture Partners

Series B, $50M
ZipRecruiter (2010, Santa Monica, $113M) – Job-board distribution Platform

Investors: IVP

Series C, $30M
HackerRank (2009, Bangalore, $58.2M) – Technical recruitment platform and code-challenge community

Investors: JMI Management, Khosla Ventures, Battery Ventures, Randstad, Chartline Capital Partners

Series B, $22M
Peakon (2015, Copenhagen, $34.1M) – SaaS-based analytics platform for employee engagement and retention

Investors: Balderton Capital, EQT Ventures, Idinvest Partners, Sunstone

Series A, $18M
Uncommon (2015, Palo Alto, $18M) – Stealth-mode job matching application for candidates.

Investors: Canaan Partners, Spark Capital

Series B, $13.3M
SmartHR (2015, Tokyo, $32.2M) – Benefits Management

Investors: CVC Capital Partners, 500 Startups Japan

Series B, $13M
SmartHR (2013, Shibuya, $13M) – Document Management Software

Investors: 500 Startups

Series A, $11.5M
Jobcase (2009, Cambridge, $18.5M) – Blue collar networking and recruitment platform

Investors: Providence Equity Partners

Series A, $11.5M
Shiftboard (2002, Seattle, $17.4M) – Online Scheduling Software

Investors: NewRoad Capital Partners, Voyager Capital, Kayne Anderson Capital Advisors

Series B, $8M
gr8 People (2009, New Hope, $14M) – Talent Engagement Solution for Hiring

Investors: Ascent Venture Partners, Delancey Street Partners, Randstad

Venture Debt, $7.4M
Jobandtalent (2009, Madrid, $85.6M) – Job listing and matching platform for blue-collar jobs


Series C, $7.3M
Hireology (2010, Chicago, $32.4M) – Cloud-based ATS suite for SMBs

Series A, $5M
Joveo (2015, Hyderabad, $5M) – Programmatic job advertising platform

Investors: Nexus Venture Partners

Series A, $4.8M
Shift (2012, Brea, $4.8M) – Veteran sourcing platform for employers

Series B, $4.0M
Picwell (2012, Philadelphia, $14.0M) – Predictive Analytics for personalized health insurance decision-making

Investors: Aflac, BlueCross BlueShield Venture Partners, MassMutual, Springfield

M&A

  • Adecco buys digital recruitment firm Vettery, price not disclosed Reuters
  • Monster announces sale of APAC business to strengthen focus on North America and European Markets PR Newswire
  • MOVE Guides Acquires Polaris Global Mobility PR Newswire
  • HR services firm PeopleStrong buys referral recruitment platform GrownOut VCCircle
  • StayWell Acquires Digital Health Startup Provata Health, Expands Capabilities in Population Health HIT Consultant
  • TS2 Holdings Acquisition Creates California Recruiting Powerhouse PR Newswire
  • Palamon acquires Thomas International Private Equity Wire
  • Morson acquires Canadian recruitment specialist Strategic Infusion Recruiter
  • AI Focussed HRTech Startup Bash Acqui-Hires Wemo Inc42
  • PeopleAdmin and Performance Matters Will Combine to Form First Comprehensive K-12 Talent Management Suite Linking Educator and Student Assessment Data with Actionable Insights to Enhance Teacher Performance and Improve Student OutcomesBusiness Wire

New Fund Launch

New Product Announcement

  • Onfido Brings Biometric Customer Authentication to Arro Money Find Biometrics
  • Welltok Launches EngageME to Streamline Member Communications PR Newswire
  • Talview announces the launch of Qton, a talent assistant chatbot People Matters
  • Macmahon signs with LiveHire to meet recruitment demands Australian Mining
  • Limeade Fosters Inclusive Workplaces with New Inclusion+ Solution GlobeNewswire
  • Zugata Introduces Zugata Insights, AI-Powered Analytics to Measure, Monitor, and Improve Organizational Performance Euroinvestor
  • Toptal Launches Elite, On-Demand Talent Network for Blockchain Engineering Business Wire
  • SmartLinx Solutions Unveils SmartLinx 6 Workforce Management Suite PRWeb
  • Qualtrics Announces Online Community Connecting Experience Management Platform Users Retail News
  • LinkedIn launches ‘Scheduler’ to ease hiring process THE WEEK
  • Gusto introduces Gusto for Partners Accounting Today
  • Limeade Expands with New Employee Engagement Product GlobeNewswire
  • Paycor Announces HR Center of Excellence GlobeNewswire
  • Smart Pension switches on Alexa skill Finextra
  • CodeFights Releases AI-Driven Sourcing Assistant To Help Recruiters Find Qualified Engineering Candidates Faster PR Newswire
  • Jobcase Unveils Blockchain as Newest Component of Technology RoadmapGlobeNewswire
  • Blockchain Engineer Network Launched By Toptal BlockTribune
  • Lattice adds Snap 60GHz modules Electronics Weekly

New Geo Entry

  • New To The Market: 19-23 February 2018 Recruiter
  • Fast-Growing Tech Company Paycom Opens Salt Lake City Sales Office Business Wire

Business Partnership

  • Cornerstone OnDemand Expands its Global Relationship with LinkedIn Technology-Signals
  • ADP Partners with ZipRecruiter to strengthen HR technology solutions Suite Technology-Signals

Company Announcement

  • As 99designs turns 10, CEO Patrick Llewellyn plans for an Australian IPO TechCrunch
  • Uncommon.co Launches Recruiting Industry%uFFFDs First Qualification-Based Talent Marketplace VCA Online

Earnings Release

  • Cornerstone OnDemand Announces Fourth Quarter and Fiscal Year 2017 Financial Results Business Wire

New Feature Release

  • LinkedIn’s Scheduler to automate interview scheduling Indiatimes
  • Microsoft’s LinkedIn Resume Assistant rolls out to Office 365 SiliconAngle
  • LinkedIn Sales Navigator Announces New Features and Updates to Help Sales Professionals Technology-Signals

Key People Movement


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