About HRTech
There are 56.6K companies in the HRTech sector across the world, with 9.23K funded companies having collectively raised $134B in venture capital money and private equity. Overall 4.2K of these are Series A+ funded and the sector has seen the creation of 95 Unicorns.
HRTech sector has seen 2.3K acquisitions and 364 IPOs.
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 sector
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 sector
Companies providing outsourcing services for various HR Functions like Recruiting, Talent Management, Workforce Management, Payroll and moreMarket Map of HRTech
The market map of HRTech gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in HRTech sector are Remote Work Tools, Employee Engagement and HRMS for Enterprises.
Reports related to HRTech
Here are some reports related to HRTech sector:
Free
HRTech - Sector Report
Edition: August, 2025 (119 Pages)
Premium
HRTech Investor Landscape
Edition: April, 2026 (10 Pages)
Premium
HRTech Exit Landscape
Edition: August, 2025 (15 Pages)
View all reports related to HRTech. Sign up today!Top Companies in HRTech
There are more than 56.6K companies in HRTech. LinkedIn is the top HRTech company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top HRTech companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Network of resources for professional networking, job searching, and skill development | Sunnyvale (United States) | 2002 | Acquired | $144M | |
Provider of payment and business banking solutions for enterprises | Bengaluru (India) | 2014 | Series F | $742M | |
Provider of a platform for talent experience and workforce agility | Santa Monica (United States) | 1999 | Acquired | $64.4M | |
Provider of financial software platform, cards, banking, expense, and accounting | Draper (United States) | 2017 | Acquired | $1.2B | |
Provider of human capital management platform offering integrated HR solutions | Gurugram (India) | 2005 | Acquired | $30.7M |
Companies founded year-on-year in the HRTech sector
23 new startups have been founded so far in 2026 in the HRTech sector. 5,336 HRTech startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 23 |
2025 | 604 |
2024 | 2,273 |
2023 | 3,075 |
2022 | 2,755 |
2021 | 3,898 |
2020 | 5,336 |
2019 | 4,358 |
2018 | 3,658 |
2017 | 3,354 |
Companies founded across countries in the HRTech sector
United States has 16,257 HRTech startups, the most by any country, followed by India which has 7,674 startups and United Kingdom which has 5,894.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 16,257 |
India | 7,674 |
United Kingdom | 5,894 |
Germany | 2,106 |
Canada | 1,946 |
Australia | 1,817 |
France | 1,270 |
Netherlands | 1,129 |
Singapore | 860 |
China | 761 |
Stage-wise distribution of the HRTech sector
Out of the total 56,624 HRTech companies, 9,233 have secured funding. Among them, 4,198 have reached Series A or higher, and 3,322 to Series B or beyond.
Founded - 56,624
Funded - 9,233
Series A+ - 4,198
Series B+ - 3,322
Series C+ - 2,981
Company Stage | No. of companies |
|---|---|
Founded | 56,624 |
Funded | 9,233 |
Series A+ | 4,198 |
Series B+ | 3,322 |
Series C+ | 2,981 |
Want to know more about HRTech ? Signup and explore Tracxn for free
- 56.6K+ Total Companies
- $134B+ Total Funding
- 9.2K+ Funded Companies
- 360+ IPOs
- 2.3K+ Acquisitions
- 150+ Reports
Funding Trends in the HRTech sector
Total funding year-on-year in the HRTech sector
The HRTech sector saw a total funding of more than $109B in the last 10 years. The most amount of funding was in 2021 at more than $32.2B. There has been a total funding of $1.1B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.1B |
2025 | $6.92B |
2024 | $5.47B |
2023 | $6.52B |
2022 | $16.6B |
2021 | $32.2B |
2020 | $9.33B |
2019 | $12B |
2018 | $14.3B |
2017 | $4.96B |
Total funding across countries in the HRTech sector
In the last 10 years, HRTech startups in United States have recieved the highest funding among all countries - $74.7B. United Kingdom follows with $5.23B and India with $4.56B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $74.7B |
United Kingdom | $5.23B |
India | $4.56B |
France | $3.6B |
Germany | $2.81B |
Canada | $2.67B |
China | $2.28B |
Australia | $2.06B |
Brazil | $618M |
Singapore | $583M |
Total funding amount raised by stage in the HRTech sector
Over the last 10 years, the HRTech sector have seen $5.57B into Seed Stage funding rounds, $31.7B into Early Stage funding rounds and $44.5B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $44.5B |
Early Stage | $31.7B |
Debt | $21.1B |
Seed Stage | $5.57B |
Post IPO | $4.08B |
PE | $1.15B |
Grant | $217M |
ICO | $142M |
Other-Equity | $1.81M |
Recent Funding Rounds in HRTech
In the year 2026, till March 2026, HRTech companies have raised $720M in equity funding across 81 rounds.
In the same period last year (i.e. till March 2025), HRTech companies had raised $1.4B across 119 rounds.
So, 2026 has seen a 48.63% drop in funding in HRTech companies as compared to 2025.
Here are some recent, important funding rounds in HRTech:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6320 | Mar 30, 2026 | ||
Series A | 8209 | Mar 25, 2026 | and 2 more | |
Series A | 1597 | Mar 25, 2026 | ||
Seed | 8834 | Mar 24, 2026 | and 2 more | |
Seed | 9376 | Mar 23, 2026 |
Top Investors in HRTech
Y Combinator is the top investor in HRTech companies based on number of companies invested.
Here are some top investors in HRTech:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
New York City (United States) | ||
Ho Chi Minh City (Vietnam) | ||
Washington, DC (United States) |
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M&A activity in HRTech
In the year 2026, till March 2026, 33 acquisitions happened in HRTech sector. Last year, in 2025, a total of 182 acquisitions happened in HRTech sector.
Here are some recent, important acquisitions in HRTech:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 31, 2026 | ||
Business Acquisition | Mar 30, 2026 | ||
Business Acquisition | Mar 24, 2026 | ||
Business Acquisition | Mar 19, 2026 | ||
Business Acquisition | Mar 15, 2026 |
Acquisition trends in HRTech
Here are the acquisition trends in HRTech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 33 |
2025 | 182 |
2024 | 226 |
2023 | 211 |
2022 | 280 |
2021 | 272 |
2020 | 179 |
2019 | 208 |
2018 | 167 |
2017 | 145 |
IPOs in HRTech
In the year 2025, till July 2025, 3 IPOs happened in HRTech sector.
Here are some recent, important IPOs in HRTech:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 04, 2025 | Singapore stock exchange. ( SGX) | |
May 22, 2025 | New York Stock Exchange (NYSE) | |
Feb 06, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 25, 2024 | Tokyo Stock Exchange (TSE) | |
Aug 16, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Colleges which produce the most HRTech companies
Companies founded by alumni from top colleges in the HRTech sector
Most number of HRTech startups have been founded by alumni from Stanford University, Harvard University and Harvard Business School.
College | No. of companies |
|---|---|
Stanford University | 351 |
Harvard University | 297 |
Harvard Business School | 232 |
Massachusetts Institute of Technology | 200 |
University of Pennsylvania | 167 |
University of Cambridge | 141 |
Cornell University | 134 |
University of California (Berkeley) | 124 |
University of Oxford | 120 |
INSEAD | 108 |
Total funding in companies founded by alumni from top colleges in the the HRTech sector
In the last 10 years, Stanford University graduates' HRTech companies have raised the most funding among top colleges. Harvard University alumni are second, and Massachusetts Institute of Technology alumni are third.
College | Total Funding |
|---|---|
Stanford University | $13.4B |
Harvard University | $7.31B |
Massachusetts Institute of Technology | $6.19B |
University of Oxford | $5.54B |
Harvard Business School | $4.82B |
Stanford Business School | $4.67B |
University of Cambridge | $3.96B |
University of Pennsylvania | $3.23B |
Columbia University | $3.02B |
Imperial College London | $2.97B |
Top News in HRTech
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Portable Careers Advance and Expand the Presence of Brazilians in the Global MarketGrupoglobo•Mar 30, 2026•InfoJobs,
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UK retail and hospitality pay has seen "unprecedented increase"Shareprices•Mar 27, 2026•Employment Hero
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Bullhorn, SIA expand Staffing Indicator with Light Industrial, Office/Clerical reportingHrtechfeed•Mar 24, 2026•Bullhorn
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ClearCompany Rebrands as ClearCo, AI-Powered Unified Talent PlatformRad AI•Mar 24, 2026•ClearCompany
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Benevity Named to Fast Company's Annual List of the World's Most Innovative Companies for 2026Access Newswire•Mar 24, 2026•Benevity
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Edenred Mobility is deploying its digital acquisition strategya Revue du Digital•Mar 24, 2026•Ad’s up, Edenred
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Kaltura Partners with Cornerstone for AI-Powered LearningGlobeNewswire•Mar 23, 2026•Cornerstone, Kaltura
