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Now that we’ve reached the year’s second quarter, we have a few months of investment data to absorb. WorkTech founder and chief analyst George LaRocque recently presented his firm’s Q1 2024 Global Work Tech Market Update, an industry-leading report.
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The analysis reveals that global investment in workplace tech during this period amounted to $1.07 billion, with funding distributed across 50 deals. Q1 2024 witnessed an uptick in investment, compared to quarters two through four of 2023, which LaRocque says aligns with levels observed in certain quarters of 2020 and earlier, before the record-setting spike that was 2021
