WorkTech has produced their Q1 analysis, showing massive HR/ TA tech investments across sectors and regions. The jump comes as the economy is recovering from global shutdowns in 2020, but is not driven by a snapback - the momentum maintained even as economies suffered. Q1 of 2020 showed a drop, but this quickly reversed Q1 2021 is an acceleration of investment activity in Q2/3/4 2020.
If the amount of VC funding pouring into work tech during Q1 doesn't get you nonplussed, the soaring valuations should. Seven unicorns reached the Unicorn valuation level of $1 billion in Q1 alone.