About Human Resource Management Software
The Human Resource Management Software comprises 6.19K companies, including 675 funded companies having collectively raised $28.9B in venture capital money and private equity. Out of these, 504 are Series A+ funded, and 13 have achieved unicorn status.
Human Resource Management Software sector has seen 284 acquisitions and 71 IPOs. This represents almost 5.7% of all such companies - which is higher than the 4.2% exit rate of tech companies in general.
This sector includes companies offering integrated suite of technologies that aid in HR management including core human resource administration, payroll management, recruitment, performance management, benefits administration, onboarding and workforce analytics.
Human Resource Management Software sector is also known as Human Resource Management Software.
Top Companies in Human Resource Management Software
There are more than 6.19K companies in Human Resource Management Software. Workday is the top Human Resource Management Software company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Human Resource Management Software companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of cloud software for human resources finance and operations | Pleasanton (United States) | 2005 | Public | $352M | |
Cloud-based payroll, benefits, and HR software for small and medium-sized businesses | San Francisco (United States) | 2012 | Series E | $718M | |
Provider of HCM software solutions for enterprises | Lowell (United States) | 1977 | Acquired | $855M | |
Cloud-based suite solution for HR management | San Francisco (United States) | 2016 | Series G | $1.85B | |
Provider of end to end HR, payroll and benefits management platform | Sydney (Australia) | 2014 | Acquired | $460M |
Companies founded year-on-year in Human Resource Management Software
163 new startups have been founded so far in 2026 in Human Resource Management Software. 497 Human Resource Management Software 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 | 163 |
2025 | 80 |
2024 | 178 |
2023 | 323 |
2022 | 302 |
2021 | 393 |
2020 | 497 |
2019 | 468 |
2018 | 328 |
2017 | 290 |
Companies founded across countries in Human Resource Management Software
United States has 1,259 Human Resource Management Software startups, the most by any country, followed by India which has 944 startups and United Kingdom which has 501.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 1,259 |
India | 944 |
United Kingdom | 501 |
Germany | 205 |
Australia | 177 |
Canada | 163 |
Indonesia | 150 |
France | 138 |
United Arab Emirates | 124 |
Singapore | 125 |
Stage-wise distribution of Human Resource Management Software
Out of the total 6,187 Human Resource Management Software companies, 675 have secured funding. Among them, 504 have reached Series A or higher, and 442 to Series B or beyond.
Founded - 6,187
Funded - 675
Series A+ - 504
Series B+ - 442
Series C+ - 400
Company Stage | No. of companies |
|---|---|
Founded | 6,187 |
Funded | 675 |
Series A+ | 504 |
Series B+ | 442 |
Series C+ | 400 |
Want to know more about Human Resource Management Software ? Signup and explore Tracxn for free
- 6.2K+ Total Companies
- $28.9B+ Total Funding
- 670+ Funded Companies
- 70+ IPOs
- 280+ Acquisitions
Funding Trends in Human Resource Management Software
Total funding year-on-year in Human Resource Management Software
Human Resource Management Software saw a total funding of more than $25.1B in the last 10 years. The most amount of funding was in 2018 at more than $8.92B. There has been a total funding of $959M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $959M |
2025 | $1.44B |
2024 | $748M |
2023 | $1.1B |
2022 | $2.92B |
2021 | $3.65B |
2020 | $857M |
2019 | $3.71B |
2018 | $8.92B |
2017 | $770M |
Total funding across countries in Human Resource Management Software
In the last 10 years, Human Resource Management Software startups in United States have recieved the highest funding among all countries - $17.2B. France follows with $983M and China with $979M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $17.2B |
France | $983M |
China | $979M |
Germany | $834M |
Australia | $635M |
India | $374M |
Japan | $339M |
United Kingdom | $330M |
Brazil | $300M |
Singapore | $118M |
Total funding amount raised by stage in Human Resource Management Software
Over the last 10 years, Human Resource Management Software have seen $434M into Seed Stage funding rounds, $3.38B into Early Stage funding rounds and $8.74B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Debt | $10.8B |
Late Stage | $8.74B |
Early Stage | $3.38B |
Post IPO | $805M |
Seed Stage | $434M |
PE | $250M |
Grant | $2.77M |
Recent Funding Rounds in Human Resource Management Software
In the year 2026, till September 2026, Human Resource Management Software companies have raised $959M in equity funding across 22 rounds.
In the same period last year (i.e. till September 2025), Human Resource Management Software companies had raised $912M across 39 rounds.
So, 2026 has seen a 5.12% rise in funding in Human Resource Management Software companies as compared to 2025.
Here are some recent, important funding rounds in Human Resource Management Software:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series E | 9936 | Sep 01, 2026 | and 1 more | |
Series B | 9038 | Jul 16, 2026 | - | |
Seed | 4664 | Jul 07, 2026 | and 3 more | |
Series C | 3873 | Jul 06, 2026 | ||
Seed | 3501 | Jul 02, 2026 |
Top Investors in Human Resource Management Software
Y Combinator is the top investor in Human Resource Management Software companies based on number of companies invested.
Here are some top investors in Human Resource Management Software:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
Cambridge (United States) | ||
Menlo Park (United States) | ||
London (United Kingdom) |
M&A activity in Human Resource Management Software
In the year 2026, till July 2026, 7 acquisitions happened in Human Resource Management Software. Last year, in 2025, a total of 28 acquisitions happened in Human Resource Management Software.
Here are some recent, important acquisitions in Human Resource Management Software:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 14, 2026 | ||
Business Acquisition | Jul 09, 2026 | ||
Business Acquisition | Jun 24, 2026 | ||
Business Acquisition | Jun 11, 2026 | ||
Business Acquisition | Apr 09, 2026 |
Acquisition trends in Human Resource Management Software
Here are the acquisition trends in Human Resource Management Software:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 7 |
2025 | 28 |
2024 | 25 |
2023 | 38 |
2022 | 40 |
2021 | 27 |
2020 | 18 |
2019 | 22 |
2018 | 18 |
2017 | 17 |
IPOs in Human Resource Management Software
In the year 2025, till July 2025, 1 IPO happened in Human Resource Management Software.
Here are some recent, important IPOs in Human Resource Management Software:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jul 04, 2025 | Singapore stock exchange. ( SGX) | |
Apr 13, 2023 | Hong Kong Exchanges (HKG) | |
Jul 21, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Apr 22, 2021 | Toronto Stock Exchange (TSX) | |
Oct 13, 2020 | Tokyo Stock Exchange (TSE) |
Colleges which produce the most Human Resource Management Software companies
Companies founded by alumni from top colleges in Human Resource Management Software
Most number of Human Resource Management Software startups have been founded by alumni from Stanford University, Harvard University and University of California (Berkeley).
College | No. of companies |
|---|---|
Stanford University | 13 |
Harvard University | 9 |
University of California (Berkeley) | 8 |
University of Cambridge | 7 |
BITS Pilani | 6 |
HEC Paris | 6 |
IIT Delhi | 6 |
IIT Kanpur | 6 |
Massachusetts Institute of Technology | 6 |
University of Oxford | 6 |
Total funding in companies founded by alumni from top colleges in the Human Resource Management Software
In the last 10 years, Massachusetts Institute of Technology graduates' Human Resource Management Software companies have raised the most funding among top colleges. Stanford University alumni are second, and Technion Israel Institute Technology alumni are third.
College | Total Funding |
|---|---|
Massachusetts Institute of Technology | $1.84B |
Stanford University | $1.5B |
Technion Israel Institute Technology | $986M |
Stanford Business School | $628M |
Universitat Politècnica de Catalunya | $569M |
Cornell University | $546M |
London Business School (LBS) | $420M |
University of California (Berkeley) | $178M |
Indian Institute Of Management–Lucknow | $149M |
IIT Madras | $149M |
Top News in Human Resource Management Software
•
•
•
Employment Platform Extends Leeds United PartnershipInsider Media•Aug 21, 2026•Leeds United, Employment Hero
•
•
Applied Systems Expands Employee Navigator Integration for Benefits BrokersGlobeNewswire•Aug 11, 2026•Applied, Employee Navigator
•
Viventium's Apploi Hire ATS Earns Indeed's 2026 Customer Excellence AwardPR Newswire•Aug 10, 2026•Viventum
•
StarCompliance Launches 2026 Global Compliance Benchmark Study Webinar SeriesGlobal Fintech Series•Aug 10, 2026•StarCompliance
•
•
•
