Summary of investment and financing dynamics in the human resources industry in November 2021 (a total of 16 cases)

On November 2, Moka, the country's leading HR SaaS service provider, announced the completion of a Series C financing of $100 million.

This round of financing is led by Tiger Global Fund, followed by old shareholders such as Blue Lake Capital, Hillhouse Venture Capital, GSR Venture Capital, and GGV Jiyuan Capital. Taihe Capital acted as the exclusive financial advisor for the transaction.

After this round of financing, Moka will continue to deepen the human resources industry, deepen the layout of THE overall solution of HR SaaS, continue to innovate and upgrade products, and increase the introduction and training of talents.

Recently, UMU completed a multi-hundreds of millions of yuan C3 round of financing, this round of financing led by China Renaissance New Economy Fund, followed by Wuyuan Capital, China Renaissance Capital as the exclusive financial advisor for this financing.

In the past year or so, UMU has completed 6 rounds of financing, which are favored by excellent investors such as Gaocheng Capital, Hillhouse Venture Capital, Wuyuan Capital, and China Renaissance New Economy Fund. With the help of multiple rounds of capital, UMU has formed an excellent global team, achieved major breakthroughs in products and technologies, and ushered in rapid development of its core business.

UMU redefines the best SaaS products and business models in the Internet era with excellent financial and SaaS indicators. In 2021, UMU officially released the course market, through strong course design and upgrade capabilities, empowering traditional training institutions and trainers to redesign and upgrade courses in an effective and interactive manner, delivering more effective learning programs for enterprises and achieving connection, cooperation and win-win results for the entire industry.

Since its inception, Jinyu network has established an independent R & D team, firmly implement the human resources digital strategy, with "connecting enterprises, connecting people" as the core value, after nearly 8 years of practice and experience accumulation, open up the full link of human resources services, providing services including recruitment, business outsourcing, training, consulting, insurance and other services, the business process covers the whole life cycle from the recruitment needs of employees to the revitalization after leaving.

Now, Jinyu Network has carried out strategic upgrading, extending the internal full-process digital system that has been precipitated for many years, and through the innovative digital dual-mode architecture, it has been upgraded from a company that mainly provides HR services to a company integrated with SAAS products assisted by HR services + AI, driving the digital transformation and efficiency improvement of enterprise HR with SaaS + AI, and supporting the business effect of SaaS with HR services.

The San Francisco-based startup will use this new infusion to accelerate the development of a new platform called Works, which allows hospitals to create their own on-demand workforce, including contract workers and internal floating pools. The technology is already up and running in the healthcare system Mercy, assisting them in "increasing fill rates" and "reducing their premium workforce spending."

Trusted specializes in travel nurses working short-term in hospitals or clinics, but it also employs nurses for jobs such as home health care and long-term care. Nurses can use Trusted's software platform to build a dossier containing their qualifications and credentials, which Trusted will then leverage algorithms to connect them to the right positions. When Trusted found a job match, the hospital reimbursed Trusted, and Trusted reimbursed the nurse. Trusted makes money by charging a fee for each transaction.

Lennie Sliwinski, CEO and co-founder of Trusted, said: "We have left a fragmented ecosystem of applications and services for healthcare organizations to try to solve the problem of matching the right clinicians to the right roles in the most efficient way, and through the combination of technology and a close working relationship with organizations such as mercy, we have built a platform that will help hospitals meet the challenges of staffing head-on. so that they can remain focused on providing high-quality patient care."

According to research done by Aptitude and Fountain, leading human capital management research and consulting firms, more than 6 in 10 companies have high-volume hiring needs. And nearly seven out of every 10 companies said they received fewer job seekers this year than last year, including temporary and hourly workers, customer service and call center representatives, health care workers, seasonal financial services, data entry specialists and statisticians.

Fountain's mission is to open up opportunities for hourly workers around the world by helping employers with a large number of hiring needs to find and hire the right people in a smart, fast, and seamless way. In the past 12 months alone, Fountain has helped businesses process more than 16 million applicants and has helped recruit more than 2 million so far in 2021.

Fountain users take an average of 8.70 median time to recruit, compared to the industry's average of 36 days.

"The advent of hybrid work has fundamentally changed the nature and purpose of our buildings," said Andrew Farah, co-founder and CEO of Density. Density's clients believe that this transition period can be both a restructuring and a renaissance for the workplace. Over the next five years, the vast majority of the architectural world will be instrumented for measurement. This new infrastructure will generate reliable, real-time utilization data; it will support the dynamic needs of hybrid work; and help design, architecture, real estate, and workplace teams improve the environments and spaces we use every day. "

Density provides an end-to-end platform to help companies plan, build, manage and optimize their real estate portfolios and give employees more control over their personal hybrid work experience. The company prioritizes privacy, using laser- and depth-based technology rather than cameras to provide a solution that is anonymized at the source and guarantees that personally identifiable information is never captured.

Density's acquisition of HELIXRE, a technology capable of creating digital twins of built spaces, further expands Density's solutions for efforts to create compelling work environments. By combining accurate digital images of fully built environments with the real-time data acquisition capabilities of the Density platform, commercial real estate portfolio managers and workplace experience managers will be better able to plan, test, optimize, and manage future built environments.

"Density's focus on enabling data-driven decision-making to create a better work environment does a good job, which doesvetails perfectly with HELIX's deep expertise in digitizing existing buildings. Together, we provide key next-generation tools to transform buildings, campuses and cities," said James Roche, CEO of HELIXRE.

Blink's particular approach is to try to create a user interface and functionality that meets the needs of asynchronous activities and real-time information, with the idea that frontline workers will most likely not be looking at the application all day, so making sure that important things come to mind when they see it is particularly high priority.

The company has built up some features internally, such as chat functionality, but beyond that, its strategy is to integrate, consolidate, integrate.

CEO Sean Nolan told me that these users are very engaged, and about 72% of all users open an average of 13 times a day, looking at things like pay stubs, shift schedules, vacations and overtime pay, chatting with each other and reading the company's latest announcements.

It has built APIs and processes to introduce the most popular software used by its customers, so that basically when a user wants to get a file or information from any one software, that person does so through a single sign-on process and then basically uses other applications in the Blink experience.

ControlUp's digital employee experience management platform gives IT departments more visibility and control over their employees' digital experiences, whether they work where they are – office, home or on the road – or the type of workspace they use: virtual, physical or cloud.

ControlUp analytics leverages anonymized operational metadata from thousands of businesses to help IT and service desk teams make informative, data-driven decisions.

Seasoned enables every part-time worker to live a financially secure, healthy and happy life while making a positive impact on their industry and society. Seasoned is the only social community dedicated to service industry workers in your neighborhood. Workers use the Seasoned app to quickly get interviews for local jobs and get daily support and advice from the families in the industry they serve. Business owners use Seasoned Recruit to recruit service staff from our community of top catering talent in just 24 hours.

Seasoned offers two core products: a community for industry employees to review vacant positions, schedule interviews themselves, and connect with their peers for advice and guidance; and an app-based recruitment tool that greatly reduces friction, speeds up hiring times, greatly reduces restaurant costs, and frees up managers' time.

U.S.-based talent acquisition solutions firm Hirewell today announced a $21 million strategic investment from Prytek, a global investment firm with deep expertise in integrating global service enterprises with cutting-edge technology.

Prytek will provide funding to enable Hirewell to accelerate its organic growth and integrate technology into its managed recruitment services. As part of this investment, Hirewell will acquire ICV, a Tel Aviv-based software company.

The partnership will combine Hirewell's hiring expertise with the technical acumen of Prytek and ICV. For two decades, Hirewell has provided best-in-class talent acquisition solutions to top organizations across the United States. In the first ten months of 2021, Hirewell has helped more than 300 companies hire more than 1,700 employees.

For four years, ICV has been refining the use of artificial intelligence and machine learning techniques to dramatically reduce the time it takes recruiters to find talent. ICV's software scans millions of public data records in seconds to build a candidate funnel that covers all skills. Recruiters may spend an average of 25-50% of their time looking for candidates for difficult-to-fill positions;

With ICV's software, recruiters can spend more time talking to candidates and filling positions. Embedding ICV's technology into Hirewell's managed recruitment services will set both companies apart in a competitive market. Combined expertise will enable businesses to hire the best talent in a cost-effective manner and enable employees to find the role that best suits their ambitions.

Contra today launched a new commission-free payment model that lets users accept payments for their services on Contra, with no commissions at all, giving power back to independent workers.

Contra has seen an exponential increase in The Number Z users on its platform, with 40% of users coming from this group. In large part, this is thanks to the viral videos that Contra posts on TikTok every day. Contra is the #JobTok趋势的先驱 of TikTok, helping hundreds of thousands of TikTok users find jobs and get career advice from Contra's team of career experts. This summer, TikTok selected Contra as one of the first companies to join its TikTok Careers program, which includes the TikTok Resume Program, which allows companies to directly accept job application videos from TikTok videos.

Hone is the first live learning platform for businesses to teach transformative leadership, management, and people skills at scale. We enable HR and learning and development teams to advance people development in a modern way, easily deploying large-scale small groups, field group learning, and having the data and tools to measure its impact. By blending real-time online cohort courses, world-class instructors, and a powerful behavior change platform, Hone uses hard data to develop soft skills that enable 90% of learners to achieve lasting behavior change through our courses.

Stoke Talent was founded by Shahar Erez and Hilik Paz with the goal of making it easier for businesses to take advantage of freelancing talent. Stoke gives businesses the ability to build their own talent catalogs for online and offline talent, track budgets and milestones of completion, and provide solutions for tax, legal, and labor classification compliance. Joining Fiverr has greatly expanded the company's capabilities, from freelancing management to talent sourcing and matching, while accelerating and expanding its go-to-market strategy and pace.

Founded in Minneapolis, USA, and currently operating as a remote company, When I Work is a leading provider of shift-based workforce management software that delivers a powerful, employee-first experience to streamline scheduling, enhance internal communication, and track time more effectively. Since its inception in 2010, more than 10 million hourly workers have used this frictionless platform to easily view and shift shifts, punch in, view working hours, apply for time off and communicate seamlessly with their managers and colleagues.

Ever is a leading talent acquisition suite that makes it easy for talent teams to achieve their hiring goals and connects the company with top talent. Lever is the only platform that offers full ATS and powerful CRM capabilities to all talent acquisition leaders in one product, LeverTRM. Lever Hire and Lever Nurture features enable leaders to expand and grow their talent pipeline, build authentic and lasting relationships, and find the right recruits. Lever Analytics provides customized reports with data visualizations, viewing completed offers and interview feedback, and more, informing strategic decisions between hiring managers and executives.

Note: The main sources are HRtech, IT Orange, official website, etc