# Incubators and accelerators backing HR Tech (2026 list)

> 25 incubators and accelerators backing HR Tech, 92% active in the last 12 months. Led by Y Combinator, Plug and Play, MassChallenge. Ranked by what they funded.

Source: https://millionrounds.com/lists/incubators-accelerators-hrtech (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Incubators and accelerators backing HR Tech

Updated 7 November 2026

Incubators and accelerators we have observed in an HR Tech round in the last two years.

[See all 25 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-hrtech)The top 25

**25** investors on the list *-1* this week

**1,575** cheques in 12 months *-22%* against the market

**$3.5M** median round they joined *-56%* against the market median

**92%** wrote a cheque in 12 months

**40%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 3 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 4 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 5 [Neo](https://millionrounds.com/fund/neo) *Deploying now* Accelerator · United States **364** **$5.5M** median round **Nov 2026** last seen
- 6 [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) *Deploying now* Accelerator · United Kingdom **332** **$3.6M** median round **Oct 2026** last seen
- 7 [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) *Deploying now* Accelerator · Estonia **237** **$551K** median round **Sept 2026** last seen
- 8 [Google](https://millionrounds.com/fund/google-assistant-investments) *Deploying now* Accelerator · United States **154** **$40M** median round **Nov 2026** last seen
- 9 [AGORANOV](https://millionrounds.com/fund/agoranov) *Deploying now* Accelerator · France **138** **$3M** median round **Jul 2026** last seen
- 10 [Expert Dojo](https://millionrounds.com/fund/expert-dojo) *Deploying now* Accelerator · United States **136** **$600K** median round **Aug 2026** last seen
- 11 [Amino Capital](https://millionrounds.com/fund/amino-capital) *Deploying now* Accelerator · United States **114** **$4.3M** median round **Sept 2026** last seen
- 12 [SixThirty](https://millionrounds.com/fund/sixthirty) *Deploying now* Accelerator · United States **108** **$5.5M** median round **Sept 2026** last seen
- 13 [Surge](https://millionrounds.com/fund/peak-xv-partners) *Deploying now* Accelerator · Singapore **91** **$5.1M** median round **Sept 2026** last seen
- 14 [Seedstars](https://millionrounds.com/fund/seedstars) *Deploying now* Accelerator · Switzerland **88** **$1.1M** median round **Oct 2026** last seen
- 15 [Wilco](https://millionrounds.com/fund/wilco) *Deploying now* Accelerator · France **88** **$3.5M** median round **Jul 2026** last seen
- 16 [Founders Future](https://millionrounds.com/fund/founders-future) *Deploying now* Accelerator · France **82** **$6.3M** median round **Oct 2026** last seen
- 17 [LAUNCH](https://millionrounds.com/fund/launch) *Deploying now* Accelerator · United States **82** **$5M** median round **Oct 2026** last seen
- 18 [Skyland Ventures](https://millionrounds.com/fund/skyland-ventures) *Deploying now* Accelerator · Japan **71** **$1.6M** median round **Oct 2026** last seen
- 19 [XRC Ventures](https://millionrounds.com/fund/xrc-ventures) *Deploying now* Accelerator · United States **67** **$2.5M** median round **Sept 2026** last seen
- 20 [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) *Deploying now* Accelerator · Portugal **51** **$5.1M** median round **Nov 2026** last seen
- 21 [43North](https://millionrounds.com/fund/43north) *Deploying now* Accelerator · United States **42** **$1M** median round **Sept 2026** last seen
- 22 [A16z Speedrun](https://millionrounds.com/fund/a16z-speedrun) *Deploying now* Accelerator · United States **22** **$6M** median round **Nov 2026** last seen
- 23 [GSF](https://millionrounds.com/fund/gsf) *Deploying now* Accelerator · India **15** **$500K** median round **Jan 2026** last seen
- 24 [Innovest Afrika](https://millionrounds.com/fund/innovest-afrika) quiet Accelerator · United States **1** **$400K** median round **Oct 2025** last seen
- 25 [PeopleTech Partners](https://millionrounds.com/fund/peopletech-partners) quiet Accelerator · United States **1** **$40M** median round **Apr 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *With* [Google](https://millionrounds.com/fund/google-assistant-investments)
- **3** Nov **[SYNCERE](https://millionrounds.com/company/syncere)** Pre-seed · $11M *Led by* [A16z Speedrun](https://millionrounds.com/fund/a16z-speedrun)
- **3** Nov **[Athena](https://millionrounds.com/company/athena)** Pre-seed · $2.5M *Led by* [A16z Speedrun](https://millionrounds.com/fund/a16z-speedrun)
- **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)

## Stages This Year

1,522 rounds

- Venture **26%**
- Seed **21%**
- Pre-seed **19%**
- Series A **14%**
- Series B **5%**
- Other **15%**

## What They Backed

Sectors, last 12 months

- AI **775**
- Fintech **92**
- Big Data & Analytics **88**
- Healthcare **77**
- Biotech **59**
- Financial Services **53**

## Cheques by Quarter

Led Joined

530 Q1 25

520 Q2 25

577 Q3 25

568 Q4 25

491 Q1 26

454 Q2 26

325 Q3 26

61 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai)
- [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech)
- [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data)
- [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech)
- [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics)
- [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction)
- [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy)
- [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai)
- [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about incubators and accelerators backing HR Tech

### Who are the most active incubators and accelerators backing HR Tech?

By cheques observed, the most active are Y Combinator, Plug and Play, MassChallenge, Google for Startups and Neo.

### How many incubators and accelerators backing HR Tech are there?

25 are on record. 92% made an investment in the last 12 months and 40% have led a round.

### Which stages do incubators and accelerators backing HR Tech back?

Of the rounds with a named stage in the last 12 months, mostly Seed (31%) and Pre-seed (27%).

### How big are the rounds incubators and accelerators backing HR Tech join?

The typical (median) round among the leading investors here is $3.5M.

### Which sectors do incubators and accelerators backing HR Tech back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which incubators and accelerators backing HR Tech lead the most rounds?

A16z Speedrun (12 led), Y Combinator (11 led) and Surge (8 led).

### Where are incubators and accelerators backing HR Tech based?

Among the most active, most are based in the United States (15), France (3) and the United Kingdom (1).

### What have incubators and accelerators backing HR Tech invested in recently?

Recent rounds include Bizay (Series D+, Nov 2026, with Indico Capital Partners), Lazarus AI (Nov 2026, with Plug and Play) and Agrani Labs (Nov 2026, with Google).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
