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Venture Capital

Hitachi Launches 3rd Corporate Venture Capital Fund for Innovation in Digital Field

Hitachi, Ltd .  announced the establishment of a third fund for  Hitachi Ventures (HV) , the global corporate venture capital arm of Hitachi, for the purpose of accelerating innovation and initiating new business opportunities in the digita

Apr 22, 2023
Company News

Qualtrics Announces First Quarter 2023 Financial Results, Total Revenue Up 22% Year Over Year to $409.8M

• Q1 2023 total revenue of $409.8M, up 22% year over year • Q1 2023 subscription revenue of$339.8M, up 21% year over year • Total remaining performance obligations of $2,135.1M, up 21% year over year • Next 12 months remaining performance o

Apr 21, 2023
Venture Capital

Radancy Acquires Ascendify, Strengthening Its Talent Acquisition Cloud with Advanced CRM Capabilities

Summary: Radancy, a global leader in talent acquisition software, has announced the acquisition of Ascendify, thus bolstering its Talent Acquisition Cloud with advanced candidate relationship management capabilities. The acquisition is inte

Apr 5, 2023
Venture Capital

A New York- and Tel Aviv, Israel-based company Zorro Raises $11.5M in Seed Funding, led by Pitango and 10D

MARCH 28, 2023/-- Zorro , a New York- and Tel Aviv, Israel-based company providing health benefits experience for employees, employers and brokers, raised $11.5M in Seed funding. The round was led by Pitango and 10D . The company intends to

Mar 28, 2023
News

A Majority Stake in Fusion Healthcare Staffing Acquired by Chicago-based Waud Capital Partners

Waud Capital Partners (Waud Capital), in partnership with experienced healthcare executives Bales Nelson and Allen Dye, today announced the establishment of a new platform company, Fusion Health . Fusion Health will provide clinical staffin

Mar 27, 2023
Product News

Gravie Secures $179 Million Financing to Expand Innovative Health Benefits Plans for SMEs

MINNEAPOLIS ,  March 21, 2023 -- Gravie, one of the fastest growing employer health benefits companies in the United States , announced today that General Atlantic, a leading global growth equity investor, will anchor a  $179 million  equit

Mar 22, 2023
Venture Capital

Rain Instant Pay Closes Historic Funding, $116M Total in Series A

Rain , a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A wit

Mar 21, 2023
Company News

Workhuman Announces 10% Global Workforce Reduction Amid Business Realignment

Workhuman, a leading employee engagement and recognition platform, has announced a difficult decision to reduce its global workforce by approximately 10% in order to realign its investments, balance growth and profitability, and address the

Mar 21, 2023
Company News

HireQuest Reports Financial Results for Fourth Quarter 2022

Q4 2022 Royalty Revenue Grows 26.4% YoY to $7.7 million Q4 2022 Net Income from Continuing Operations Increases 21.0% YoY to $2.6 million GOOSE CREEK, SC / ACCESSWIRE / March 16, 2023 /  HireQuest, Inc. (Nasdaq:HQI), a national franchisor o

Mar 16, 2023
Venture Capital

AG5 raises €6 million from Headline, Peak to save the manufacturing industry from Excel

AMSTERDAM ,  March 14, 2023 / -- AG5 , the SaaS platform used to map and track employees' skills and qualifications, has raised €6 million in a new round of investment. Last year, the company received €1.2 million from tech investor Peak. S

Mar 14, 2023
Earnings

DocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products

DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO ,  March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce

Mar 9, 2023
Venture Capital

Fount Global Raises $8M in Series A Funding to Tackle Employee Disengagement and Boost Productivity"

The SaaS provider more than doubled ARR and added 10 new enterprise customers in 2022. The additional funding will be used to launch new features targeting key talent segments and further advance the product and technology infrastructure. W

Mar 8, 2023
Column

2023 Feb DHR Highlights: AI Becomes New Trend of Investment

In February 2023, DHRmap compiled and published a total of 33 investment and financing news, of which 23 were investment news and 10 were acquisition news. Meanwhile, several prominent leaders in the HR field, such as Workday , the Adecco G

Mar 2, 2023
Venture Capital

Talent Management and Engagement Suite WorkLLama Raises $50M to Accelerate Growth in Direct Sourcing and Talent Relationship Management

WorkLLama raises investment to continue evolving its platform of products to serve enterprise and staffing markets ALPHARETTA, Ga. ,  Feb. 24, 2023 --  WorkLLama , technology provider of an AI-driven, talent marketing, relationship manageme

Feb 24, 2023
Earnings

AMN Healthcare Announces Fourth Quarter and Full Year 2022 Results, Revenue Falls 17% in Q4 with Decline in ‘Nurse and Allied Solutions,’ Revenue up in Other Segments

Quarterly revenue of  $1.13 billion , 4% above high end of guidance; GAAP EPS of  $1.88  and adjusted EPS of  $2.48 DALLAS, Feb. 16, 2023 -- AMN Healthcare Services , Inc. (NYSE: AMN), the leader and innovator in total talent solutions for

Feb 16, 2023
Earnings

GEE Group Announces Results for the Fiscal 2023 First Quarter, Revenue Falls 4.0% in Fiscal Q1

JACKSONVILLE, FL., February 14, 2023 -- GEE Group Inc . (NYSE American:JOB)  together with its subsidiaries (collectively referred to as the "Company", "GEE Group", "us", "our", or "we"), a provider of professional staffing services and hum

Feb 14, 2023
Venture Capital

Workday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation

MOUNT KISCO, N.Y. &NEW YORK- Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions t

Feb 7, 2023
Earnings

Paylocity Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenue up 39% Year-over-year to  $273.0 million

Q 2   2023  Recurring & Other Revenue of  $256.4  million,  up   31%  year-over-year Q 2   2023  Total Revenue of  $273.0  million,  up   39%  year-over-year SCHAUMBURG, Ill., Feb. 02, 2023 -- Paylocity Holding Corporation (Nasdaq: PCTY), a

Feb 2, 2023
Company News

Microsoft Teams Premium: Cut costs and add AI-powered productivity

Modern tools powered by AI becomes a new possible outlet for organizations to boost individual, team, and organizational-level productivity and bring changes to adapt economic uncertainties. Microsoft announces that their new, AI-powered ca

Feb 1, 2023
Venture Capital

Denver-based PAIRIN Closes $2.1 Million Series B Funding and a $2M Line of Credit to Support Continued Expansion

DENVER, February 1, 2023 - PAIRIN , the workforce journey company, today announced the official close of its Series B investment round of $2.1 million in investments and, separately, a $2M line of credit. The capital comes amid PAIRIN's gro

Feb 1, 2023
Venture Capital

Task Management, Inc Staffing Group is Acquired and Becomes a Key Part of the Fast-Growing Jobsquad Staffing Solutions Nationwide Network

Parent Group JobSquad Family of Workforce Solutions, owned by  Indiana -based PE Group Hoosier Investments, adds to their U.S. Staffing Portfolio to Meet Nationwide Demand. Task Management is headquartered in  Ridgefield, Connecticut , and

Feb 1, 2023
Earnings

ManpowerGroup Reports 4th Quarter 2022 Results

Revenues of  $4.8 billion  (-11% as reported, -1% constant currency (CC)) Gross profit margin of 18.2%, up 100 basis points year over year reflecting business mix progress and solid permanent recruitment trends Talent Solutions experienced

Jan 31, 2023
Column

ADP Reports Second Quarter Fiscal 2023 Results

ADP Reports Second Quarter Fiscal 2023 Results •Revenues increased 9% compared to last year's second quarter to $4.4 billion; 10% organic constant currency •Net earnings increased 17% to $813 million, and adjusted net earnings increased 17%

Jan 26, 2023
Venture Capital

Huler, a UK-based HR tech startup, Raises £2m to Develop its Employee Experience Platform

Huler , a  Stoke, UK-based HR tech company whose platform has attracted a host of blue-chip clients within its first year, has raised £2m. The investment  comes from Mercia’s EIS funds, the MEIF Proof of Concept & Early Stage Fund, which is

Jan 17, 2023
Venture Capital

Zvoove Group Acquires Fortytools: Two Software Providers for Cleaning Services are Joining Forces

zvoove extends its portfolio of digitalization solutions to smaller cleaning service providers and continues its M&A strategy with this additional acquisition. LOHNE,  Germany  and AHRENSBURG,  Germany ,  Jan. 16, 2023   -- zvoove Group , t

Jan 16, 2023
Venture Capital

Fidelity Investments Acquires Shoobx, Bolstering Commitment to Equity Plan Capabilities for Private Companies

BOSTON, January 10, 2023 — Fidelity Investments announced it is furthering its commitment to the private market with the acquisition of Shoobx , a leading provider of automated equity management operations and financing software for private

Jan 11, 2023
Venture Capital

gigaroo Launches Out of Stealth to Transform the Service Industry Employment Market

AUSTIN, Texas ,  Jan. 10, 2023  -- gigaroo announced that it has raised a multi-million dollar pre-seed round of investment from ATX Venture Partners and other private investors. gigaroo was founded in 2022 by CEO,  Adir Oren , and CRO,  Ya

Jan 10, 2023
Company News

Amazon CEO Andy Jassy Confirms to Lay off 18,000 Employees

E-commerce giant Amazon has announced that they will lay off about 18,000 employees, due to the impact of the pandemic. The message below was shared with Amazon employees today. As I shared back in November, as part of our annual planning p

Jan 5, 2023
Venture Capital

Events.com Secures $100M Capital Investment from Global Emerging Markets (GEM) to Accelerate Global Expansion and Growth

Event technology leader Events.com announced today that it has secured a capital commitment of $100 million in the form of a Share Subscription Facility (SSF) from Gem Global Yield LLC SCS (GGY). The SSF will accelerate the company’s growth

Dec 28, 2022
Venture Capital

retrain.ai, Named to Globes' Most Promising Israeli Startups, Reaches Total Funding of $34M, Raising an Additional $14M, Adding AI-focused Radical Ventures to its List of Backers

NYC / December 14, 2022 – retrain.ai , a leading AI-driven Talent Intelligence Platform, has been honored as one of the top 10 most promising startups for 2022 by Globes, as designated by Israel’s premier venture capital firms. The company

Dec 14, 2022
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