niper AI, Recruitment Smart’s, game-changing AI is one such solution which augments the hiring process and delivers a unified view of the right candidates from all sourcing channels. Read More: https://bit.ly/2JgKTPi

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The HR tech industry is growing tremendously and expected to continue on an upward trajectory. According to a new report by Grand View Research, Inc the global human resources technology market size is projected to attain USD 30.0 billion by 2025, exhibiting a 10.4% CAGR. What does angel investing in such a market involve and how will it benefit HR professionals?

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Crowdfunding can be described as the social media version of fundraising. It is a means for ordinary individuals (not high net worth) to finance start-ups using a very small sum of money ( as low as £ 10), usually through an online platform.

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AI and Digital Disruption are no longer buzz words but being adopted at a rapid pace. Business leaders and HR teams can no longer afford to ignore them. While some see this change as a great opportunity to improve employee experience, reduce costs and be more strategic in their implementation others are belatedly realizing they need to engage and understand the usage of AI-based start-ups a little better. However, there are several practical issues facing most HR teams around engaging with startups. The Human Capital Digital Innovation Hub ( a six-month program where corporate sponsors a given HR startup for the purpose of learning and experimentation) is a risk-free and timesaving way to do this. The first hurdle for a corporate is to get access to good quality startups. There is no organized way for an HR team to reach out to AI based HR startups and most importantly distinguish the good from the bad. Participating in the Human Capital Digital Hub allows you to discuss and have the right startup delivered to you. Learning is facilitated and program management did — this saves the HR team a great deal of time and effort. Finally, having the startup based at an accelerator ( as opposed to bringing it in-house) reduces the risk of things going wrong. Participating in the Innovation Hub allows the entire corporate team to get exposure about the impact of digitization, AI and emerging technology such as Blockchain. It allows HR teams to understand key issues such as upskilling of the organization and agile working needed for the future along with the compliance issues in this new world of data. Learning also happens through the cohort of other participating organizations and it can be reassuring to have conversations about the journey that others are on. There is no pressure to buy or use these solutions and it is a great way for an HR team to ‘test out’ them out. Getting exposed to the accelerator ecosystem is also a great way for corporates to broaden their understanding of ‘innovation’. The network of VC’s, mentors, other start-ups that the accelerator has exposed HR teams to a different way of thinking and working. HR Services firms are seeing this route as a quicker way to build up their portfolio and understand where the market is headed. Many use this opportunity of showcasing their sponsored startup to clients as a means to educate them and build up their own brand as ‘innovators’. The London based HR Tech Partnership runs a Human Capital Digital Innovation Hub to facilitate learning and adoption by corporates of agile start-ups around Talent and Workplace productivity. It runs a six-month program that helps corporate in experimenting with the right HR startup, facilitates learning deliverables and ensures successful program completion. The team and most of its stakeholders have senior corporate experience and a good understanding of large organization realities. It also has a People Tech investment venture which funds early-stage startups incorporating AI and leading-edge technology. visit: http://www.hrtechpartnership.com

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Angel investing in the United Kingdom (as in most parts of the globe) is on a sharp growth trajectory. Most angels seem satisfied with the return on investment and financial performance that they are experiencing. This explains why more than 40% of UK based angel investors are increasing their levels of investment. Industry reports also point to the fact that more than 70% of UK based Angel Investors are investing in between one and five companies.* Increased confidence in Angel rounds This robust confidence of angel investors is caused by some inherent advantages of angel investment. Unlike the listed share or equity market which is subject to market volatility, an angel venture enhances in value as the company scales upwards. Good companies see their valuation increase through multiple rounds of capital infusion by VCs and PEs. When such increases happen, angel investors can broadly choose from two options both of which are lucrative. Either the angel investor can stay invested and see the valuation of his/her investment climb along with the start-ups or he/she may offload the investment and cash out with increased returns. Angel investment also offers investors a healthy avenue to achieve diversity in their investment portfolio. Particularly in the UK, investors get added tax incentives such as EIS and SEIS with a potential tax reduction of up to 50 %. Additionally, there are angel investors who offer expertise along with the capital. Such expertise can be very valuable to the investee company and offers the investor an opportunity to play a part in creating something valuable. Many angel investors are lawyers, accountants, professionals or other entrepreneurs who have had bumper exits themselves. Crowdfunding as an exciting option for first-time investors People who may be first-time investors can experiment in a safe manner through the crowdfunding route. Crowdfunding gives them an opportunity to ride on the expertise of others and limit their risk. Most investors investing through The HR TECH Partnership (HRTP) bring a rich background in the human capital space. They find this route interesting for several reasons : – They understand the challenges of the human resource function in large corporates and are able to astutely identify if a particular product solves a real ‘pain point’. – They are also able to gauge adoption rates and the likely chance of success of AI-based solutions using leading-edge technology from a ‘practitioners’ perspective. – Having respected peers as co-investors gives them an opportunity to make well-informed decisions and reduce their risk. – Many do it for the ability to keep abreast and understand the rapid digital disruption that is happening to the future of work. – Finally, leveraging their experience and network to help early-stage startups enables them to give back to society and the profession. The London based HR Tech Partnership is an investment venture in the People Tech space with most of its stakeholders being senior corporate directors. The company is an early stage investor and focuses on solutions that leverage data and analytics to help organizations around Talent and Workplace productivity. * Some statistics mentioned in the blog are sourced from the recent survey by UKBAA and British Business Bank. To know more visit http://www.hrtechpartnership.com/

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