TSC launched its 2025 Work Tech Brandscapes
this week. Two questions you might have:?
- Why these categories? We’ve been tracking Work Tech investment pretty closely since 2017. The 11 categories we chose to focus on are the ones where the money has flowed consistently over that time.?
- Why now? Heading into 2025, the entire Work Tech industry is on the precipice of an upturn. Gartner projects enterprise cloud spending to increase by 24%
, and the anticipated Work Tech IPO window officially opened with
ServiceTitan
filing its S-1
. If you haven’t already, it’s time to get your act together on brand.
With a projected 40,000 Work Tech brands active globally, these Brandscapes are only snapshots of a much larger known universe. It’s impossible to be comprehensive. However, the brands mentioned are the ones at the forefront of the industry conversation. Your brand is what people say about you when you aren’t in the room. We’re just trying to pull back the curtain a little bit on what they are saying.
A few hot takes that didn’t make it into the Brandscapes:
- Much of Work Tech is a mature market. That may not be a good thing for you. Private equity is swooping in to invest in big brands, while VC is gravitating toward the AI gold rush. You know you’ve hit market maturing when PE make most of the investment. If you want a clear-eyed view of where your brand and category are, follow the money. If PE is putting money into brands like yours, you had better have a good idea about your transition strategy for the AI world.??
- This is only the leading edge of Work Tech brand disruption. The brands at the upper right of the brandscapes probably won’t be there in five years. They will have moved to the left or have blinked out of existence. If you are evolving your brand, you had better have a good idea of where your category is going and skate toward where the puck will be.
- AI isn’t a differentiating position on its own. Put your brand to work on standing out. As it is with the early days of any new market cycle, the essential value is not the choice factor. Buyers may be shopping for AI, but how are you different than all of those other solutions that look just like you. Look at the Cloud Era for examples. Salesforce won by betting on brand. SuccessFactors won on brand. How do you think you are going to win in this market cycle?
We hope this offers you some focus at a critical moment when our industry is emerging from chaos. Good luck setting the course for 2025. And if you need help, let us know.
What else is going on this week?
Funding and Acquisitions
-
11x
raises $50 million Series B. The San Francisco startup is developing AI-powered digital workers services for revenue teams. Will this be the replacement for BDR teams? We would bet on yes. (FinSMEs
)
-
minu
raises $30 million Series B. The Mexico City startup offers corporate benefits, focusing on improving the financial, physical, and mental well-being of employees. (CB Insights)
-
bswift
acquires
Evive | goevive.com
. The Chicago-based employee benefits technology and administration company acquired another Chicago firm that specializes in driving outcomes for employees, employers, and health plans. Deal terms were not disclosed. (FinSMEs
)
-
JobGet
acquires
Snagajob
. The Boston app-first job platform is acquiring the acquired the hourly employment solution. Deal terms were not disclosed. (FinSMEs
)
-
Apideck
raises $7.5 million Series A. The Antwerp, Belgium- and San Francisco-based startup is developing real-time Unified APIs for enterprise use cases. (FinSMEs
)
-
juna.ai
raises $7.5 million seed round. The Berlin-based startup is developing solutions for AI-enabled facilities. (FinSMEs
)
-
Bluespine
raises $7.2 million seed round. The NYC-based startup is developing an AI-driven claims cost reduction platform for self-insured employers. (FinSMEs
)
-
Serenity
raises $5.5 million Series A. The San Diego startup is developing AI-powered Environmental, Health, and Safety (EHS) software solutions. (FinSMEs
)
-
SurePath AI
raises $5.2 million seed round. The Denver-based startup is developing generative AI for the enterprise. (FinSMEs
)
-
Socium
raises $5 million seed round. The Dakar, Senegal, startup develops solutions for recruiting, performance, payroll, document handling, and workflow automation. (CB Insights)
-
IncludeHealth
raises $5 million Series C. The Columbus, Ohio, company offers online solutions for employers and health entities to deliver remote care, monitor patient progress, and collect health outcomes. (CB Insights)
-
Team-GPT
raises $4.5 million seed round. The Sofia, Bulgaria-based startup is developing an AI-driven collaborative workspace for the enterprise. (FinSMEs
)
-
Taito.ai
raises $2.7 million seed round. The Helsinki, Finland-based startup is developing AI-powered performance and growth solutions that integrate into existing workflows and communications tools, including Google Calendar, HiBob, Jira, Linear, Slack, and Workday. (FinSMEs
)
- Oneteam raises $2.6 million seed round. The Singapore startup offers an exit strategy for retiring business owners and supports employee ownership through stock incentives and profit sharing. (CB Insights)
- Needi raises $1.7 million seed round. The UK startup provides a gift-matching service for employers that focuses on employee appreciation, client retention, and well-being events. (CB Insights)
- Point C raises seed funding. The Chicago startup is a third-party administrator for self-insured healthcare plans. Deal terms were not disclosed. (CB Insights)
-
Ciphr
acquires
Avantus
. The UK-based HR systems solution is acquiring the UK employee benefits platform. Deal terms were not disclosed. (FinSMEs
)
Who Did It Better? A Brand vs. Brand FACEOFF with The TSC Squad
TSC’s
Matt Tatum
,
Lance Haun
,
Nancy (Pummill) Crabb
, and
Noah Johnson
bring you a new micro podcast where our team compares the ads of two head-to-head competitors and debates who did it better! WATCH NOW!
Here are the matchups from Ep 01:
Industry Notes?
-
ADP
’s COO John C. Ayala is stepping down. The company also announced that
Joseph DeSilva Jr.
, presently President, Global Sales, will become Executive Vice President, North America and Chief of Operations, effective January 1, 2025. (Seeking Alpha
)
-
One Model
is named a
Workday
innovation partner. (Press Release
)
-
Wilson
announces its new rebrand. (WilsonHR.com
)?
-
Fiserv
and ADP team up to empower small business success. (Press Release
)
-
Meta
hires
Salesforce
’s CEO of AI
Clara Shih
to lead new business group. (TechCrunch
)
- H, the AI startup that raised $220 million, launches its first product: Runner H for ‘agentic’ applications. (TechCrunch
)
- Digital Trusted Identity Services (DTIS), an FBI-approved channeler specializing in collecting and processing biometric and biographical data, announces
Maurine Fanguy
as CEO. DTIS is a joint venture between
HireRight
and the American Association of Airport Executives (AAAE). (Press Release
)
- FTC reportedly investigating Microsoft’s cloud business practices. (MSN
)
- How to get started with AI agents and do it right. (VentureBeat
)
TSC Chats: Talking Go-To-Market Strategy for 2025
Check out TSC’s new micropod with CEO
Ashley Bernard
and VPs
Racheal Bates
and
JJ La Pata
. I join my squadmates to talk GTM trends for 2025.??
ICYMI: Last Week’s Top 3 Reads
The Three Most Clicked Links from Last Week’s Work Tech Weekly.
- Stocks for U.S. enterprise software brands have been up
in anticipation of increased federal spending on technology and more AI growth.?
- VC Tomasz Tunguz expects a more open IPO market
for companies “with growth rates greater than 30%. Today, there are no publics growing more than that.”
- CIOs tell the
Wall Street Journal
that tariffs could drive up hardware costs, but a lighter government touch on AI and a more robust M&A environment are also in the offing.?
Around The Shop
Stuff we’re finding interesting right now at TSC.
- Led by AI tech companies, demand for office space is on the rise. (Wall Street Journal
)
- How R.E.M. created alternative music. (The New Yorker
)
- “It tastes a little like sucking dandelion juice through a straw made of car tires.” Can Mal?rt – Chicago’s unofficial liquor – keep it real as it goes nationwide? (The New York Times
)
We’re off next week for the Thanksgiving holiday in the U.S. See you in December!
Everybody love everybody,
P.S. Let’s meet. Are you a #WorkTech or #EnterpriseSoftware company with more than $10 million in revenue or funding that wants to accelerate your growth? Book a meeting
with us to discuss how we can improve your go-to-market strategy and execution.
P.P.S. — Was this newsletter forwarded to you? Subscribe now via email
or LinkedIn
.
#HRTech #WorkTech #EnterpriseSoftware #VentureCapital #PrivateEquity
Trailblazing author, career advisor, speaker, podcaster, and leader. ? Top LinkedIn Learning instructor in leadership and HR. ? Still trying to fix work.
1 天前I love this time of year: December to remember, Toyotathon, and brandscapes!
Nice work. Agree, and love all three hot takes, especially #3, of course.
Great edition, Steve! I started my career in tech marketing during the era of digital transformation. I experienced the power of true tech disruption. One day I was sending direct mail and fax blasts, the next day I was sending email and developing websites. Here’s my advice for marketers. Retool. Now. Don’t wait. Careers will be made and lost in the next 18 months. I am not kidding. This is not hyperbole. The older you are, the more critical it is that you embrace AI. If you are an appointment setter, find a new job. If you are a marketing leader, spend 4 hours a day teaching yourself AI. If you work for a software company that is fighting AI, leave (you’re about to get blockbustered). Salesforce was founded only 23 years ago. Now they have the tallest skyscraper in San Francisco. This disruption will be bigger. It’s no longer in the future. It is happening right now. Get a new Apple computer with an M chip so you can use a desktop AI. Make AI a habit. Be the one who is explaining AI, not the one who is having it explained. Now. Go do it now.
Keeping the People in People Analytics | People Analytics speaker, blogger, keynote, & podcast guest | People Analytics Strategy at One Model
1 天前Thanks TSC for the shout-out on the One Model partnership with Workday. We're excited to be working closely with the Workday team. Steve S. - Appreciate your round-up as always too. Great extra click into the brandscape narrative.