Employee Navigator, Vendict, Ageless & Others Receive Funding in Employment Innovation Space

According to Tracxn, the notable deals for employment innovation in the past week (August 1 – August 7) are as follows.

Employment Innovation

• Employee Navigator, benefits administration software for insurance brokers, carriers, and HR departments, raised a PE – $100 million USD round from Spectrum Equity, JMI Management.
• Vendict, which provides a vendor management automation solution, raised a Series A – $10 million USD round from JAL Ventures, Moneta, NFX, Cardumen Capital, and others.
• Ageless, a provider of recruitment services for multiple sectors, raised a Series A – $3.8 million USD round from DBJ Capital, Skyland Ventures, NOW, United, and others.
• Qlay Technologies, a generative AI tool to support product planning and development, raised a Seed – $1.4 million USD round from Nissay Capital, Digital Garage, Z Venture Capital, Headline, and others.
• Evolbe, a provider of integrated software for human resources, operations, and community management, raised a Seed – $0.57 million USD round from Eoniq.

Tracxn tracks Innovative companies across over 300 technology sectors and more than 1,000 emerging themes worldwide, plus dedicated geographic coverage in over 30 countries.

Tracxn combines human researchers with artificial intelligence, and is used by

• Investors – VC, PE, IB, Incubators, Angel Networks, Family Offices
• In-house researchers & analysts – M&A, Innovation and Digital Transformation Teams
• Government Agencies, Industry Bodies, Universities
• Marketing & Sales teams prospecting or researching competition.

Employee Navigator exhibition at Ascend Summit in Nashville. Employee Navigator/Facebook.