HR Tech Capital Raises and Investors in the U.S. – July 16th to August 31st, 2025
Several interesting transactions closed in the HR Tech sector over the past two weeks. If you would like more info or would like to discuss the capital raising market for your company, please contact me.
PE Growth/Expansion
- Employee Navigator, benefits administration and human resource management software for insurance brokers, carriers and human resource departments, received $100 million of development capital from JMI Equity and Spectrum Equity on August 4, 2025.
Merger/Acquisition
- Juju, operator of job search engine technology that connects job seekers with listings, was acquired by Horizon2Media on August 12, 2025.
- Rolebot, recruitment software that streamlines the selection process of candidates, was acquired by Visage on August 11, 2025.
Early Stage VC
- Crewscope, productivity and incentive management software for field workers to align company and crew goals to get projects done ahead of schedule, raised venture funding in a deal led by GroundBreak Ventures on August 14, 2025.
- Prova, AI-powered hiring assessment platform that helps companies hire based on skills, raised venture funding from Campus Founders Fund in August 2025.
Later Stage VC
- CareRev, healthcare staffing marketplace platform that connects healthcare professionals with facilities flexibly, raised $5.25 million of venture funding from investors on July 25, 2025.
- Sparrow, human resource management software that takes care of employee leaves, raised $35 million of Series B venture funding in a deal led by Silver Lake Waterman on July 29, 2025, putting the company’s pre-money valuation at $340 million.
Seed Round
- CandorIQ, compensation management platform that unifies toolset to design, budget and execute a compensation strategy, raised $4.8 million of seed funding in a deal led by Array Ventures on July 22, 2025.
- Propel People, artificial intelligence-based hiring platform that helps construction teams recruit skilled workers faster, raised $3 million of seed funding in a deal led by 1848 Ventures on July 22, 2025.
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Dominic Cipollone
Managing Director
Financial advisor for Morgan Stanley. Led seminars on investing and creating wealth. Met with small business owners to develop employee retirement plans. Advised clients on appropriate asset allocation investment strategies using the Dow 30. Over thirty years in the NYC Department of Education, including as Principal of one of the most challenging middle schools in the poorest districts in the country. Used educational-tech and targeted data to turn the school around. School was named a model for attendance improvement. Supported over two hundred school leaders. Believes ed-tech will reinvent how education is delivered and received. Masters of Science from Fordham University in Educational Leadership. Masters of Science from Iona College in Educational Technology. Bachelor of Arts from New York University in Political Science. FINRA Series 7, 63, and 79 licenses.
- Email: dcipollone@castleplacement.com
- (C) (203) 297-5089
 Dominic CipolloneManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: dcipollone@castleplacement.com
(C) (203) 297-5089
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement® does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
