In recent years, venture capital firms have made an explosive amount of investments into the Workforce Solutions Ecosystem, spurring on innovation and giving startups the resources they need to reach new heights. From 2008 to 2021, the number of venture deals in the workforce solutions field skyrocketed from 67 to 679. In total, 3,508 startups around the world have received more than $59 billion in investments over 5,668 rounds of funding.
The capital raised in seed deals hovers around $1 million, while series A usually represents a considerable jump up to $6.5 million. Series B and E funding follow a similar pattern, with a median series B raise of $16.4 million and a median series E raise of $100 million.
Other Talent Acquisition technology leads the way in terms of deal volume, followed by HR Tech and B2B Platforms, which account for a combined 83 percent of all identified deals and 82 percent of all funding raised. The most popular subcategory within Other Talent Acquisition technology is Online Job Advertising, with 841 deals.
Tiger Global Management is the most active investor since 2008, having participates in 46 investments, followed by Y Combinator and Techstars with 33 and 32 deals respectively. With