Ontario Teachers'​ Pension Plan’s Post

A little advice to all venture capital companies: One critical aspect often overlooked in early-stage growth is effective HR management, which is pivotal in avoiding potential "HR drama" that can stifle progress. Here are simple yet impactful steps VCs can take: Embed HR Expertise: Encourage or facilitate the integration of HR expertise within portfolio companies, whether through hiring, consultancy, or mentorship. Early HR guidance sets a robust foundation for culture and compliance. Prioritize Culture from Day One: Support portfolio companies in defining and cultivating a positive workplace culture that aligns with their values and mission. A strong culture mitigates conflicts and fosters a sense of belonging. Advocate for Diversity and Inclusion: Promote diversity, equity, and inclusion initiatives. Diverse teams are not just a moral imperative but a business one, driving innovation and reducing groupthink. Doing this in the early stages of a company makes it easier just to become part of the culture rather than starting to focus on it when a company is 100's of employees. Empower with Tools and Training: Provide resources or training on conflict resolution, communication, and leadership to equip teams with the skills to navigate interpersonal dynamics effectively. By proactively addressing these HR dimensions, venture capital firms can significantly enhance the resilience and success of their portfolio companies, ensuring they are well-equipped to thrive in their growth journeys. #VentureCapital #HRManagement #StartupGrowth #CompanyCulture

SmartHR, Inc. 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟏𝟒𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 SmartHR, Inc. is a cloud-based human resources and labor management software company that provides businesses with the tools they need to manage their workforce more efficiently, improve employee engagement, and drive organizational growth. The company simplifies and modernizes HR operations through innovative software solutions. With a focus on user experience and automation, SmartHR, Inc. aims to free HR professionals from repetitive administrative tasks, allowing them to focus on more strategic initiatives. SmartHR, Inc. has raised $140 million in a Series E round led by KKR and Teachers’ Ventures Growth, an investment arm of Ontario Teachers' Pension Plan. The new funding round came three years after SmartHR, Inc.’s Series D round of $142.5 million at a $1.6 billion valuation. SmartHR, Inc., Tokyo, Tokyo, Japan, was founded in 2013 by Kensuke Naito and Shoji Miyata. The platform is designed to be highly scalable, flexible, and accessible from anywhere, making it an ideal solution for businesses in today’s dynamic work environment. Whether for small startups or large enterprises, SmartHR, Inc.’s platform is a powerful tool for driving organizational growth and creating a more dynamic and engaged workforce.

More than ever, startups in the US are struggling to survive, and conventional HR solutions are not addressing the most pressing issues. This is why 1840 & Company’s approach is a game changer: we combine business process outsourcing (BPO) with an accelerator model. How do we face concerns like labor shortage, attracting and retaining talent, and diversity, equity and inclusion with a new strategy? Read the full article here 👉 https://bit.ly/3Z3RX8F

Great news in global #HRTech!🚀 As the HR tech landscape continues to evolve, two recent funding rounds highlight the industry's rapid growth and innovation. Remofirst, a rising star in the HR tech space, secured $25 million in Series A funding, led by Octopus Ventures, while Rippling, an established player, is raising $200 million in its latest round, potentially boosting its valuation to $13.4 billion! Look at that! These latest developments just prove how much everyone still needs those innovative HR solutions. Who said HR was on its way out? 😈 _ Source: TechCrunch (links in comments). #HRtech #Innovation #Funding #Remofirst #Rippling #HR #LeadWithHR #thatPatrioticCEO

Happy Monday LinkedIn - I am writing to you from sunny Barcelona (taking advantage of UNLEASH's working from anywhere perks) ☀ Today we're talking all about HR tech investments, mergers and acquisitions with Ralf Philipp Hofmann from Drake Star. On the back of Drake Star's Q4 report on the HR tech market, Ralf kindly wrote an OpEd for us at UNLEASH all about the HR's evolution, and how it is affecting the HR tech space 🤖 This is a must-read for anyone in the HR space - investors, startups, HR leaders!! #HRmergersandacquisitions #HRdeals #DrakeStar #HRandAI

𝐖𝐞 𝐠𝐢𝐯𝐞 𝟐𝟓 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐭𝐢𝐜𝐤𝐞𝐭𝐬 𝐭𝐨 𝐇𝐑 𝐞𝐱𝐩𝐞𝐫𝐭𝐬 𝐰𝐡𝐨 𝐫𝐞𝐚𝐥𝐥𝐲 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐦𝐚𝐤𝐞 𝐚 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞 Everyone who really wants to make a difference should be given the opportunity. Venture capital funds commonly have a minimum level of investment they are willing to take from limited partners. This is due to matters of efficiency in fundraising and fund administration / operation. Those seeking to become investors in the fund typically have to meet this threshold. They do this by ‘committing’ the required amount of capital set forth by the fund managers, as opposed to investing a sum of their preference. Minimum investment amounts in VC funds vary widely, depending on the fund’s size, strategy, and target investor base. They typically range from a few hundred thousand to several million dollars. And now allygatr 🐊 comes into play. We have deliberately decided not to be a “normal” investor. We want to create remarkable value for startups, investors, experts, and companies by building a pioneering hrtech ecosystem. together. To achieve this, we also need HR experts who want to help shape the working world of tomorrow. The problem is that not everyone has $100,000 or 200,000 to invest. I say: everyone who really wants to make a difference should be given the opportunity. That's why we decided to award 25 investment tickets to HR experts (CHRO, HR managers, people & culture experts, talent acquisition managers, etc.) with a minimum investment amount that everyone can afford as part of our Series-B financing round. First come, first served. Who do you think is changing the future of work so much and should therefore definitely be among the 25? Want more information? Let's talk: https://lnkd.in/eC32p7Sj #hrtech #invest Thanks to all the HR experts who are already on board at allygatr 🙏🏻 Thomas Perlitz, Dr. Florian Chitic, Jochen Eckhold, Michael Ensser, Holger Gerdes, Peter Hartz, Anton Jacobsen, Kai-Alexander Kaewel, Jess Koch, Andreas Kraus, Thomas Lingen, Anjuli Mauer, Patrick Mollet, Dr. Frederik Möller, Dirk Mundorf, Andreas Philippi, Olaf Ringelband, Christine Rittner, Romy von Roeder, Cindy Rubbens, Marcel Rütten, Andreas Schmitz, Carolin Schneider, Simone Siebeke, Eva Stock, Tatjana Tasan, Mirja Telzerow, Robindro Ullah, Tim Verhoeven, Carmen Zwahr

Startup Pathways + Bryq = 🪄 Join our CEO, Markellos Diorinos, Ioanna T. V. from SoftOne Technologies S.A. and Nikos Bozikis from MYTILINEOS S.A. Its definitely going to be an insighful panel!💡 Smooth transition of talent in mergers and acquisitions along with how to ensure a unified culture during corporate growth 🚀 More details here ⬇️⬇️⬇️

Kudos for #factorial for their impressive growth to date and double kudos for their new investor #GeneralCatalyst for the innovative investment structure in the latest investment in factorial--addressing a cashflow issue relating to the core of factorial's growth. Getting HR management right for SMBs represents a gaping hole in the market, largely because most companies in this sector go after enterprises, recognizing that marketing to SMBs can be expensive. Factorial is likely to continue to well filling this gap. #factorial #HR #GeneralCatalyst #VC #HumanResources