HR, by definition, is a people profession, and it is people who drive businesses, yet this very human, personal industry appears completely at ease with digital transformation, as a new generation of hrtech startups deliver a competitive edge for employers in the battle to attract and retain top talent.
Built to be the foundation layer of an organization’s HR tech stack, Humaans is an HRIS (Human Resource Information System) that helps HR teams to onboard, manage and grow their employees through fast workflows, automation and quick access to data.
Founded by Giovanni Luperti and Karolis Narkevicius and launched last October, Humaans was conceived to address the pain points of business leaders tired of dealing with clunky systems unable to meet the high standards of today’s employees.
“It is designed for speed, and features a beautiful people directory, document storage, time off tracking, visual reporting, and connects existing systems through deep integrations,” says Luperti. “By supercharging Slack, G Suite and HR point solutions Humaans streamlines HR processes and brings value to everyone in the organization, including those in remote and distributed teams.”
New York-based digital credentialing company Credly is helping the world speak a common language about people’s knowledge, skills, and abilities. Thousands of employers, training organizations, associations, certification programs, and workforce development initiatives use Credly to help individuals translate their learning experiences into professional opportunities using trusted, portable, digital credentials.
This empowers organizations to attract, engage, develop, and retain talent with the data-driven insights provided by Credly addressing skills gaps and highlighting opportunities.
The business was founded in 2012 by CEO Jonathan Finkelstein, who had previously co-founded two other companies in the workforce and learning space, LearningTimes and HorizonLive, which was acquired by Blackboard in 2010. Credly was a natural evolution of that work.
“For the first four years, we grew the old-fashioned way, by making products customers love, saw value in and were willing to pay for,” says Finkelstein. “Then, in 2016, the movement we helped create started to become mainstream, and we brought on a group of partners as investors to accelerate our growth and fulfill demand.”
Credly has raised $20 million to date from investors that include leading social impact and venture firms, large public companies, strategic partners, and non-profit organizations.
Performance management system Appraisd helps organizations move from single annual appraisals to a continuous performance discussion with a simple, employee-first interface.
Its strength lies in its ability to fit in with the organization’s own culture and way of doing things. It empowers employees to give and receive feedback on their own terms, set up regular check-ins with their line manager, manage their goals and develop their career plan.
Appraisd was founded by Roly Walter in his spider-infested garden shed. He had started his career as a business analyst at Goldman Sachs designing global online HR tools, and it was that experience that inspired him to design and launch Appraisd, which now has hundreds of customers all over the world. And they’ve moved out of the shed.
Launched in 2012, to date Appraisd has had no external investment or funding.
Powering the alumni networks of some of the world’s largest companies, EnterpriseAlumni helps them leverage this vast untapped pool of people as a source of high-quality recruitment, sales, marketing and community. Customers include Nestle, P&G and HSBC.
The business was founded by siblings James and Emma Sinclair. “We are proud to be the only software company in the world who have gender balanced investors at scale: our cap table is 50/50 men and women,” says James Sinclair.
Total investment to date is $15 million from top venture funds, including the top three European-based VCs and strategic investors, such as Mike Ettling, outgoing President of SAP SuccessFactors, and Lord Mervyn Davies, co-author of the UK Government’s report on gender equality on boards.
This year EnterpriseAlumni was labelled ‘a very important technology’ by Deloitte/Josh Bersin in the HR Tech Disruption Report Deloitte
People think and plan their travel based on time rather than distance, and that’s important when it comes to the daily commute to work. Using real-time travel data, the TravelTime platform is an API and analytics tool that lets users search location data using minutes rather than miles, and is proving valuable to the recruitment sector.
By showing job listings reachable to candidates in a maximum commute time of, for example, 30 minutes, rather than a distance of 10 miles, it helps job sites deliver the most relevant search results for job seekers and recruiters.
Founded by Charlie Davies, the current CEO, and Peter Lilley, the platform in its current form using location-based analytics was launched in 2013. Clients include Jobsite, as well as other sectors where search is an important part of the process, such as Rightmove and Zoopla.
Last May iGeolise, the creators of the TravelTime platform, announced a £3.2 million ($4.1 million) funding from ETF Partners.
Employee referrals are one of the most effective ways of hiring new people, as they tend to get hired faster and stay in their jobs for longer. Intrro makes it easier for companies to connect with qualified candidates in their employee’s social and professional networks. The employee referral platform uses machine learning to automatically match the relevant talent to open positions, enabling employees to reach out to their contacts to let them know about the job opening.
Instead of getting another unsolicited recruiting message from a stranger, relevant candidates receive a personalized message from their contact. If they are interested they can directly respond to the recruiter, who can take it from there.
Intrro also enables recruiters to browse their employee’s contacts against open positions, and proactively ask for an intro, allowing them to spend more time speaking to receptive candidates and less time chasing leads, whilst giving hiring managers access to a broader, verified and more diverse pool of talent.
Founded by Neel Jamie Shah and Nasser Oudjidane in 2018, the company has secured $500,000 from a range of investors, including 500 Startups, Spartech Ventures, plus strategic angel investors such as Saif Kidwai, founder of Digital Gurus, a specialist recruitment technology consultancy.
Headquartered in Munich, Germany, Personio is a HR, recruiting and payroll platform that is already digitising the HR departments of almost 2,000 SME customers in more than 40 countries.
Founded in 2015 by CEO Hanno Renner, Roman Schumacher, Arseniy Vershinin and Ignaz Forstmeier, the company recently expanded into in the U.K.
The innovative SaaS solution combines HR core features in one digital tool, enabling HR managers and business leaders to manage things like attendance data, absences, and salaries consistently.
Personio recently announced its latest series C funding round of $75 million, bringing the total investment secured to $130 million.