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HRTech Sector in Brazil

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About HRTech sector in Brazil

The HRTech sector in Brazil comprises 593 companies, including 157 funded companies having collectively raised $620M in venture capital money and private equity. Out of these, 61 are Series A+ funded.
HRTech sector in Brazil has seen 39 acquisitions and 1 IPO. This represents almost 6.7% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies providing technology for human resource solutions to enterprises.
HRTech sector is also known as HR Technology, Human Resource Technology, Human Resource Software or Human Resource Management Tech.

Companies included in HRTech

Companies that provide technology for human resource solutions to enterprises. These solutions help in hiring, managing , engaging , training and supporting employees. Also included solutions for candidate career enhancement.

Companies excluded in HRTech

Companies providing outsourcing services for various HR Functions like Recruiting, Talent Management, Workforce Management, Payroll and more
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
HR Technology or Human Resource Technology

Top HRTech Companies in Brazil

There are more than 593 companies in HRTech in Brazil. Gupy is the top HRTech company in Brazil, ranked using Tracxn Score (what's this?).
Here are 5 of the top HRTech companies in Brazil:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Cloud-based suite solutions for HR management
Sao Paulo (Brazil)
2015
Series C
$103M
Online candidate assistance platform for IT professionals
Belo Horizonte (Brazil)
2019
Series B
$40.7M
Prepaid cards for corporate expenses and benefits
Sao Paulo (Brazil)
2018
Series C
$22M
Corporate cards for companies and employees
Pinheiros (Brazil)
2019
Series B
$39.5M
Platform providing human resource mannagement solutions
Sao Paulo (Brazil)
2022
Series A
$31.2M
Get a longer list of companies

Companies founded year-on-year in the HRTech sector in Brazil

59 HRTech startups in Brazil were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the HRTech sector in Brazil2026202520242023202220212020201920182017Founded Year01530456075Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
-
2025
2
2024
7
2023
24
2022
29
2021
36
2020
55
2019
54
2018
59
2017
42

Stage-wise distribution of HRTech sector companies in Brazil

Out of the total 593 HRTech companies in Brazil, 157 have secured funding. Among them, 61 have reached Series A or higher, and 49 to Series B or beyond.

Founded - 593
Funded - 157
Series A+ - 61
Series B+ - 49
Series C+ - 43
Company Stage
No. of companies
Founded
593
Funded
157
Series A+
61
Series B+
49
Series C+
43
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Top Investors in HRTech in Brazil

Plug and Play Tech Center is the top investor in HRTech companies in Brazil based on number of companies invested.
Here are some top investors in HRTech companies in Brazil:
Investor
Location
Top Portfolio Companies
Sunnyvale (United States)
-
Menlo Park (United States)
-
San Francisco (United States)
New York City (United States)
-
New York City (United States)
See a more detailed list of investors

M&A activity in HRTech sector in Brazil

In the year 2026, till January 2026, 1 acquisition happened in HRTech sector in Brazil. Last year, in 2025, a total of 2 acquisitions happened in HRTech sector in Brazil.
Here are some recent, important acquisitions in HRTech sector in Brazil:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Jan 07, 2026
Business Acquisition
Apr 08, 2025
Business Acquisition
Feb 19, 2025
Business Acquisition
Dec 18, 2024
Business Acquisition
Sep 17, 2024
See a more detailed list of acquisitions

Acquisition trends in HRTech sector in Brazil

Here are the acquisition trends in HRTech sector in Brazil:

Acquisition trends in HRTech sector in Brazil2026202520242023202220212020201920182017Acquisition Round Date (Yearly)0246810Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
1
2025
2
2024
7
2023
10
2022
7
2021
4
2020
1
2019
1
2018
1
2017
-

Top News in HRTech in Brazil

Ri Happy Group announces new CEOPropmarkFeb 06, 2024Gupy
View all Top News for HRTech companies in Brazil

FAQs about HRTech sector in Brazil

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