HRTech Companies Globally
Sector Definition:
HRTech (Human Resources Technology) refers to software and platforms that streamline and enhance HR processes, including recruitment, employee management, payroll, performance tracking, and workforce analytics. These solutions leverage AI, machine learning, and data analytics to improve efficiency and decision-making in human resources.
Last Updated: January 29, 2025
Key Insights:
Total Companies: 32,519
Funded Companies: 6,842 (including 2,917 with Series A funding)
Unicorns Created: 42
Top Countries by Company Count:
United States (12,450 companies)
India (3,210 companies)
United Kingdom (2,780 companies)
2025 New Companies: 8
Average Annual New Companies (Last 10 Years): 1,950
Top Universities for Founders: Stanford University, Harvard University, and University of Pennsylvania
Top HR Tech Companies
1. Workday
Overview:
Workday is a cloud-based HR and financial management platform designed for enterprises. It offers solutions for HR management, payroll, talent management, workforce planning, and analytics. The platform is known for its user-friendly interface and robust data-driven insights.
Key Facts:
Founded: 2005
Location: Pleasanton, United States
Stage: Public
Total Funding: $250M (prior to IPO)
Investors: Greylock Partners, New Enterprise Associates
Latest Funding: Post-IPO, 2012
Competitors Rank: 1 of 2,500
2. ADP (Automatic Data Processing)
Overview:
ADP is a global provider of HR management software and services, including payroll, tax filing, benefits administration, and talent management. It serves businesses of all sizes, from small businesses to large enterprises.
Key Facts:
Founded: 1949
Location: Roseland, United States
Stage: Public
Total Funding: N/A (Publicly traded)
Investors: N/A
Latest Funding: N/A
Competitors Rank: 2 of 2,500
3. Bamboo HR
Overview:
BambooHR is an HR software platform designed for small and medium-sized businesses. It offers tools for applicant tracking, employee onboarding, performance management, and time-off tracking. The platform is known for its simplicity and ease of use.
Key Facts:
Founded: 2008
Location: Lindon, United States
Stage: Private
Total Funding: $15M
Investors: Goldman Sachs, Escalate Capital
Latest Funding: Series A, 2015
Competitors Rank: 3 of 1,800
4. Greenhouse
Overview:
Greenhouse is a recruitment software platform that helps companies streamline their hiring processes. It offers tools for candidate sourcing, interview scheduling, and hiring analytics. The platform is designed to improve collaboration among hiring teams and ensure data-driven decision-making.
Key Facts:
Founded: 2012
Location: New York City, United States
Stage: Private
Total Funding: $185M
Investors: Tiger Global, TCV, and others
Latest Funding: Series E, 2021
Competitors Rank: 1 of 1,200
5. Gusto
Overview:
Gusto is a cloud-based payroll, benefits, and HR management platform for small businesses. It offers tools for payroll processing, employee benefits, compliance, and time tracking. The platform is known for its user-friendly design and comprehensive features.
Key Facts:
Founded: 2011
Location: San Francisco, United States
Stage: Private
Total Funding: $700M
Investors: General Catalyst, T. Rowe Price, and others
Latest Funding: Series E, 2021
Competitors Rank: 2 of 1,500
6. SAP SuccessFactors
Overview:
SAP SuccessFactors is a cloud-based HR management suite that offers solutions for core HR, payroll, talent management, and workforce analytics. It is part of SAP's enterprise software ecosystem and is widely used by large organizations.
Key Facts:
Founded: 2001 (acquired by SAP in 2011)
Location: South San Francisco, United States
Stage: Public (part of SAP)
Total Funding: N/A
Investors: N/A
Latest Funding: N/A
Competitors Rank: 2 of 2,500
7. Lever
Overview:
Lever is a talent acquisition suite that combines applicant tracking and CRM capabilities. It helps companies manage the entire recruitment lifecycle, from sourcing to hiring, with a focus on collaboration and data-driven insights.
Key Facts:
Founded: 2012
Location: San Francisco, United States
Stage: Private
Total Funding: $123M
Investors: Scale Venture Partners, Matrix Partners
Latest Funding: Series D, 2020
Competitors Rank: 3 of 1,200
8. Paycor
Overview:
Paycor is an HR and payroll software platform designed for small and medium-sized businesses. It offers tools for payroll processing, benefits administration, time tracking, and talent management.
Key Facts:
Founded: 1990
Location: Cincinnati, United States
Stage: Public
Total Funding: N/A
Investors: N/A
Latest Funding: IPO, 2021
Competitors Rank: 4 of 1,500
9. Personio
Overview:
Personio is an all-in-one HR software platform for small and medium-sized businesses in Europe. It offers tools for recruitment, payroll, attendance tracking, and performance management.
Key Facts:
Founded: 2015
Location: Munich, Germany
Stage: Private
Total Funding: $300M
Investors: Index Ventures, Accel, and others
Latest Funding: Series E, 2023
Competitors Rank: 1 of 1,000
10. HiBob
Overview:
HiBob is a modern HR platform designed for mid-sized businesses. It offers tools for employee engagement, performance management, payroll, and workforce planning. The platform is known for its intuitive design and focus on employee experience.
Key Facts:
Founded: 2015
Location: London, United Kingdom
Stage: Private
Total Funding: $574M
Investors: General Atlantic, Bessemer Venture Partners
Latest Funding: Series D, 2023
Competitors Rank: 2 of 1,000