StartSeveralHRtechs have until 22 November to apply for

HRtechs have until November 22nd to register for Start Growth Batch

Human Resources Startups, the so-called HRtechs, they can register until the next day, November 22, for a new Batch of Start Growth, Venture Capital that supports founders, combining expertise, capital and experience. 

HRtechs are companies focused on the HR field, that use technology to assist in the automation and optimization of processes, how recruitment and selection, performance management, training and development, benefits administration, payroll management, and analysis of data related to employees

According to the "HRTech Report 2023", of the District, the sector moved a total of US$ 1,9 billion in investments since 2000. The study reveals that, until 2022, there were 518 startups linked to the human resources sector in Brazil

According toMarilucia Silva Pertile, startup mentor and co-founder ofStart Growth, the call is open for early-stage HRtechs, with validated product and markets with potential of R$ 1 billion or more. "We want to offer practical support to innovative and extraordinary entrepreneurs". In the case of HRtechs, we believe they have incredible potential to make HR departments more efficient, reducing costs and improving the experience for both those who hire and those who wish to be hired. It is an area that, originally, there are many bottlenecks in the country, and HRtechs can help, explain. 

Marilucia reports that HRtechs began to gain more momentum during the covid-19 pandemic, when companies needed to adapt to remote work, online meetings and other technology-related solutions. "They became increasingly necessary", offering a range of tools and digital solutions to enhance internal activities, engage employees and provide predictive analysis to assist in strategic decision-making in HR, among others, contextualizes. 

In this round of investments focused on HRtechs, Start Growth must invest up to R$ 3 million in the selected startups. Once registered, The Venture Capital will meet with the entrepreneurs to understand each business and assess which ones align with the expected thesis and can be selected to receive investment. Registrations must be made through the websitehttps://www.startgrowth.com.br

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