Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the human resources (HR) sector. This time, you get to discover five hand-picked HR tech startups.
Out of 765, the Global Startup Heat Map highlights 5 Top HR Tech Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 765 exemplary startups & scaleups we analyzed for this research. Further, it highlights five HR startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 760 HR tech startups, get in touch with us.
NIDUM enables Immersive Onboarding
Founding Year: 2020
Location: Calgary, Canada
Industries: Construction, Hospitality
Innovate with NIDUM for Interactive Training Modules
Canadian startup NIDUM develops virtual reality (VR) modules for immersive employee onboarding and training. It offers digital recruiting, training, and onboarding facilities for the construction and hospitality industries. The startup’s VR learning management system (LMS) integrates into the employment platform of the business. By using the modules, new workers and contractors start working with the necessary knowledge and safety training from the beginning. Moreover, the startup’s VR training modules are engaging, accessible via computers and mobile phones, and bring inclusivity to the workplace. The startup’s solution saves time and costs related to supervising the onboarding and training processes for businesses.
Asanify provides an Automated Payroll System
Founding Year: 2019
Location: Kolkata, India
Industries: Finance, FMCG, FoodTech
Use this solution for Payroll Management
Indian startup Asanify builds payroll management software for small and medium enterprises (SMEs). The startup’s automated payroll system uses artificial intelligence (AI) to structure salaries and process payrolls. The system features timely payments, payment error reductions, tax compliances, and automated calculation of final payment amounts. It also integrates with the organization’s core HR modules to keep a tab on employee attendance, employee directory and provide analytics.
Corvex enhances Worker Safety
Founding Year: 2016
Location: Minneapolis, US
Industries: Industry 4.0, Manufacturing
Reach out to Corvex for Human Capital Management
US-based startup Corvex develops Corvex Connected, a cloud-based software platform to improve worker safety and increase performance. Corvex Connected uses internet of things (IoT) technology in the industrial environment and provides real-time cognizance of worker safety and productivity. Further, it provides workers with an engagement channel with management as well as improves their productivity and satisfaction. Organizations improve organizational productivity, reduce errors while maintaining transparency in team collaboration.
Neurolytics improves Hiring Efficiency
Founding Year: 2017
Location: Utrecht, Netherlands
Industries: Information Technology, Defense, Media
Use this solution for Talent Acquisition
Dutch startup Neurolytics uses AI and computer vision to provide behavioral insights on job candidates. The startup’s AI-powered video assessment tool is customizable for the hiring organization’s needs. Hiring managers send a link of the video assessment to the job candidate, which they record. Neurolytics measures the candidate’s motivation, confidence, stress, and cultural fit and provides objective reports. This improves hiring efficiency, reduces attrition rates, and finds high-performance talents for the hiring organization.
Performetry provides Workplace Productivity Analytics
Founding Year: 2019
Location: Dublin, Ireland
Industry: Information Technology
Partner with Performetry for Employee Engagement
Irish startup Performetry utilizes data science and immersive technologies to give real-time insights on key business areas and analyze team and individual performance. The startup’s eponymous platform uses data points from business activities and provides quantitative scores. It quantifies metrics such as employee productivity, engagement score, and other drivers of attrition. This enables leadership and HR teams to take steps to mitigate challenges in people management, especially for virtual teams. The startup also analyzes employee sentiment from virtual meetings and gamifies the experience to boost creativity, motivation, and productivity.
Discover more Startups
Startups such as the examples highlighted in this report focus on anonymized recruitment, employee engagement, and gamification. While all of these technologies play a major role in advancing HR tech, they only represent the tip of the iceberg. To explore HR technologies in more detail, let us look into your areas of interest. For a more general overview, download one of our free Industry Innovation Reports to save your time and improve strategic decision-making.