The HR TECH Partnership has announced that it has successfully closed its People TECH Fund II and will begin deployment shortly.
Established in London in 2016 by Managing Partner, Devyani Vaishampayan, The HR TECH Partnership has since then been active in investing in digital people start-ups. After raising Fund I (which has successfully made two investments), People TECH Fund II will now target investments in growth stage technology companies (post early seed) specifically improving workplace and employee productivity and human capital performance.
“Data and predictive analytics are key elements of all investments,” explained Devyani, “as there is a firm belief that disrupting traditional people practices and improving workplace productivity will require a more strategic use of technology.”
Herself a highly experienced Chief HR executive with international experience gained with the likes of Rolls Royce, Lucent Technologies and Citigroup, Devyani is joined by lead investors that all have senior level, global HR experience in the corporate sector and bring an unsurpassed depth of domain expertise in the use of HR technologies.
“Their networks and connections give them not just a unique insight into emerging technologies, but also access to specialist, first-in-line deal flow,” added Devyani. “A natural corollary to this is their ability to access new marketing avenues and customer relationships to cutting edge HR tech products and services of the investee firms. We are lining up some amazing investment opportunities with truly innovative start-ups being led by some inspirational entrepreneurs. It’s going to be an exciting and rewarding future.”