| Hi, Agen. Whether you want to blame the slow return to office, the current obsession with AI, or the generally lackluster startup funding market, the fact is VCs aren’t all that into human resources-related startups anymore. Plus, here are three options for startups running out of cash. In 2021, investors were throwing wads of cash at HR-related startups that helped companies manage their remote workforces better. That infatuation has certainly worn off: the second quarter of 2023 was the slowest in the sector for venture dollars in three years, Crunchbase data shows. Related Crunchbase Pro list: Funding To VC-Backed HR Tech Startups Hey, startup founders, we get it. Things are tough out there. Revenue multipliers have deflated. VCs are holding tight to their wallets, especially if your company isn’t profitable. But there are ways to get your company through a cash crunch in this crummy market. Let’s discuss three of them. It increasingly looks like the startup ecosystem is undergoing a top-to-bottom reset, from seed- through late-stage startups and all the way to the investors that back them. All funding stages — seed, early and late — in July 2023 were down about a third compared to a year ago. Pandemic-fueled funding in edtech is leaving the sector gasping for breath as valuations decline and startups aren’t getting any big investments. There is a bright spot, however, for those that include AI-enabled edtech tools and platforms. While not the $100 million-plus raises of the past, these startups are raising some cash. Related Crunchbase Pro list: Edtech And Education Startup Funding Check out The Crunchbase Billion-Dollar Exits Board, a curated list of U.S. startup exits — IPOs, SPACs, mergers and acquisitions, and other deals — valued at $1 billion or more, powered by Crunchbase’s comprehensive data. | 
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