Talent acquisition tech represents the next major investable universe within human capital management with staying power in the public markets as a separate class of companies. Talent acquisition has become a top priority with growing acknowledgement that talent represents organizations’ most significant asset. The pandemic has introduced further challenges to already tight labor conditions globally. The need for more efficient and effective solutions is clear.
Given the significant market opportunity and broad ecosystem, we believe there is adequate support for a market comprising standalone talent acquisition vendors and HCM suite vendors. Talent Intelligence, People Analytics, Internal Mobility, Employer of Record, and DE&I solutions are among the more disruptive and high-growth areas.