840 Venture Partners, a recently-launched NYC-based venture capital fund focused on FinTech and Future of Work, has formed a partnership with HR Tech Hub to promote innovation in human resources technology. HR Tech is a core area of the Future of Work vertical and is essential to today’s tech-powered workplace. This partnership aims to leverage the strengths of both parties in order to facilitate the growth and market expansion of early-stage HR Tech companies.
“Our partnership with HR Tech Hub combines the key ingredients necessary for startups’ rapid success in the HR vertical,” said 840VP General Partner Benjamin Reiter. “HR Tech Hub’s international network of HR leaders offers startups invaluable opportunities to form corporate partnerships and engage in pilot projects. At 840VP, our capital connections and strategic knowledge of US market expansion in the Future of Work space, allow startup founders to obtain critical resources in a highly efficient manner. Joining forces in the area of HR Tech innovation is a natural fit, and its global scope will be quite unique.”
HR Tech Hub is an initiative of DCH (Organización Internacional de Directivos de Capital Humano), an international association of human resources executives headquartered in Madrid, Spain, with over 4,000 members worldwide. Its HR Tech Hub connects HR Tech startups with corporations, organizing discussion panels and networking events.
About 840 Venture Partners:
840 Venture Partners is a NYC-based venture capital fund investing in early-stage FinTech and Future of Work. Leveraging over 13 years of venture experience in these verticals, the fund invests in seed and pre-Series A companies engaged in disruptive innovation. FinTech and FoW represent explosive sectors forming the foundation of the emergent Fourth Industrial Revolution: digital transactions and banking, big data, automation, and remote work. 840VP’s track record includes being among the first investors in FinTechs Petal (Peter Thiel's fund has led the most recent rounds; latest valuation: $350M) and Public.com (now valued at $1.2B and backed by major VC's such as Accel and Greycroft). 840VP’s extensive network in industry and investing provides access to high-quality off-market deal flow and enables the firm to offer portfolio companies institutional-quality support.
For further information about 840VP: