hr tech startup research
Research overview
We examined 486 startups operating in the HR sector on the global market, and nearly fifty Hungarian HR tech ventures, to map how they are developing. The aim was to measure the total sum invested in the sector—and to see whether investors actually know how the money was put to use, and how they judge the probability of an investment succeeding. What is the lesson?
The study sets out eight scientific criteria for examining HR tech companies in a unified, systematic way. For the HRMS, talent acquisition, employee engagement and analytics categories, six of them are sufficient; the job marketplace category was analysed without them.
The Authors
The Impact HrTech Hub (impacthrtech.com) is an angel-investor group active in the HR sector. It analysed the companies that received investment and operate on the international HR tech market—with particular focus on Hungary.
What readers said
“People are at the heart of a high-performing culture, and that is what most leaders are after. I honestly think Zsolt’s HR tech startup research is not just a very interesting study—it is essential reading for any leader trying to build an effective team and a great culture.”
“One of the most important criteria for a startup’s success is that it answers a real problem. That, among other things, is what this survey shows. The cheapest way to learn is from other people’s examples. Thank you, Zsolt.”