UK HRtech companies raised £395m in 2025 — the second-biggest year on record for the sector and a sharp rebound after two slower years in 2023 and 2024, when annual investment fell to around £193m. In total, HRtech companies in the UK have raised £2.11b across all equity fundraisings tracked by Beauhurst, with 86% of that total arriving since the start of 2020.
We’ve ranked the top 100 HRtech companies by total equity raised (all data sourced from the Beauhurst platform).
What is HRtech?
HRtech — short for human resources technology — covers the application of software and AI to hiring, employee management, payroll, benefits, training, and workplace wellbeing. It spans applicant tracking systems, AI-driven recruitment tools, employee engagement and culture platforms, payroll and global employer-of-record services, learning management systems, and benefits and rewards software.
Beauhurst tracks 550 active HRtech companies in the UK, up from 185 in the final quarter of 2015 — a 197% increase over the decade. Together, these companies have raised £2.11b, with £1.81b of that arriving since 2020 (86% of the sector’s all-time total). The 110 companies reporting full financials generated £10.6b in turnover, and the sector supports an estimated 64,045 employees across the UK.
Key findings
- Stream tops the ranking with £279m raised. The London-based company integrates with payroll systems to give employees real-time access to earnings, and accounts for 13% of all UK HRtech equity raised to date.
- bob (£207m, London) takes second place with HR and benefits software, though the company is now classified as ‘Dead’ on the Beauhurst platform, followed by Immersive Labs (£162m, South West) in gamified cyber security training, Omnipresent (£103m, London) in remote workforce and employer-of-record services, and Amity Corporation (£64.2m, South East) in AI customer and employee engagement software. The top five account for 39% of all equity raised in UK HRtech.
- London hosts 58 of the top 100, followed by the South East (12), South West (7), and North West (6). The top 100 spans 11 UK regions in total.
- Venture-stage businesses lead the top 100 (45), followed by seed-stage (21) and growth-stage (20), with six established companies, five exited businesses, and three dead — a moderately mature stage profile that sits between the more youthful contech and the longer-established adtech.
- The top 100 collectively raised £1.62b — 77% of the sector’s all-time total.




