5 Leading HR Startups to Check Out

The HR industry played an integral role in the recent surge of the digital workforce, pre, during, and post-pandemic. From global talent acquisition to remote employment adoption, these startups are leveraging the most cutting-edge technologies to disrupt traditional HR practices and provide better outcomes for both employees and employers.

According to recent reports, the HR industry has generated a staggering $47.5 billion in revenue in 2019 globally, with experts forecasting that the industry will hit a value of $90 billion by 2025. What’s more, analysts are anticipating a significant revenue surge for incumbents, from $45.45 billion in 2019 to $82.62 billion in 2025 due to the continuous adoption of HR technology by companies worldwide.

With several key players emerging left and right, 5 leading HR startups that everyone should check out in 2023:

Growthspace

New York-based HR startup Growthspace believes that the future of Learning and Development is centered on data-driven, measurable, and personalized approaches for every employee. Through leveraging the world’s most comprehensive dataset and an extensive network of global experts, the company assists employees and teams in accomplishing their professional goals and business KPIs at a larger scale. 

Growthspace provides a diverse range of options to cater to employee development, such as short growth sprints, group workshops, individual mentoring, and coaching sessions, internal mentoring programs, or lectures that focus on upskilling, improving performance, and career pathing. The Growthspace employee development platform is personalized and measurable, allowing growth-driven organizations to manage all employee development initiatives on one scalable platform.

iziwork

Iziwork is a Paris-based HR tech startup that utilizes technological innovation to enhance the work experience and job accessibility for all individuals. The company offers a fully digitized temporary employment platform, providing temporary workers with easy and immediate access to a variety of job opportunities while also offering personalized support that acknowledges individual merit. 

In contrast to common industry practices, iziwork prioritizes a “worker-centric” approach, aimed at attracting, developing, and retaining the most dependable and skilled workers. For client companies, this means recruitment processes that are more dependable, efficient, and cost-effective.

SeekOut

Based in Washington, USA, HR startup SeekOut offers an all-inclusive and thorough outlook on both internal employees and external talent, utilizing analytics, predictive insights, and action recommendations to provide a competitive edge in talent recruitment, retainment, and development. The company focuses on sourcing hard-to-find talent, including technical, healthcare, and cleared talent pools. Moreover, SeekOut offers valuable insights about diversity within an organization’s talent pipeline, helping companies reduce unconscious bias and determine underrepresented candidates.

SeekOut consolidates talent acquisition, talent management, and talent analytics into a single integrated platform, allowing organizations to maximize their return on investment while developing a comprehensive strategy encompassing both internal and external talent.

Vault Platform

Based in London, UK, Vault Platform is an impact-oriented technology startup that introduces innovative digital solutions to address the issue of unreported misconduct and ESG violations within the workplace. The company aims to foster trust and integrity within organizations to enable them to reach their full potential. With an emphasis on user preferences and requirements, Vault has emerged as the fastest-growing startup in the ethics and compliance sector. 

By transforming one workplace at a time, the company assists businesses worldwide in reporting and investigating internal misconduct. Vault’s approach emphasizes the importance of human factors, as they have incorporated technology and behavioral science to create accessible internal misconduct reporting and ensure true psychological safety.

Personio

Personio was established in 2015 to enable HR teams to concentrate on the most important aspect of their work: people. The company assists in automating people-related processes, streamlining administrative tasks, and freeing up time for strategic duties. As a result, HR professionals can transcend the traditional confines of their roles. The company has already helped over 8,000 HR teams throughout Europe, and it is eager to assist others in achieving the same outcomes. 

Personio’s headquarters are located in Munich, Berlin, Madrid, Barcelona, London, Dublin, and Amsterdam. The company is dedicated to making HR processes as transparent and efficient as feasible, allowing HR professionals to focus on their most important task: people. What’s more, Personio’s all-in-one HR platform includes human resource management, recruiting, and payroll, empowering HR trams to transcend their traditional role.