Sectors/HRtech/2021

HRtech funding in 2021

European HRtech startup funding raised during 2021.

In 2021, 101 European HRtech companies raised a combined €1.9B across 104 funding rounds. Spain led by capital raised, and Index Ventures was the most active investor. Data as of 21 Aug 2026.

Total funding

€1.9B

disclosed, € normalized

Funding rounds

104

Companies

101

Top country

Spain

Break down 2021 by period

Half-year

H1 H2

Quarters

Q1 Q2 Q3 Q4

Months

Nov

Rank among sectors

#19

1.4% of sector funding

Debt financing

€1.3M

0.1% of total

Top-10 round share

75.2%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top countries

by € raised

Top deals

largest disclosed rounds in 2021

Company	Stage	Date	Amount
Jobandtalent	Series D+	Dec 2021	€508M
Personio	Series D+	Oct 2021	€234M
hibob	Series C	Oct 2021	€130M
Remote	Series B	Jul 2021

View all 104 HRtech deals in 2021 →

Top investors

most active in 2021, by deal count

← All-time HRtech funding

Exits & M&A

19 Acquisition · 1 IPO · 1 Merger

22 exits · €1.2B disclosed.

Peakon	Acquisition	Jan 2021	€578M
Monday.com	IPO	Jun 2021	€469M
Dynamic Code	Acquisition	Sep 2021	€148M
Sovren Group	Acquisition	Dec 2021	€30M
Simpell	Acquisition	Dec 2021	€1.9M
Gigway	Acquisition	Sep 2021	€1.0M