Highly interesting numbers and charts on CB Insights on HR Tech Startup investments in 2015.
Their numbers almost match my automated Twitter tracking of funding news in that Startup Space.
Here are my full year statistics.
Total funding to the space in 2015 hit $2.4B across 383 deals representing 62% growth in funding over the total in 2014. When comparing 2015 to 2011, funding totals grew 8x in the period, climbing 707%. Despite impressive growth, 2015 funding was buoyed by three deals that together represented $750M in investment, or 30% of total funding for the year.
Those deals were the $500M Series C to Zenefits, the $150M Growth Equity round to OneSource Virtual, and the $100M Series D to China-based employee management platform, FXiaoKe.