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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Insperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown
Insperity, Inc. reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom
EarningsTriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o
Venture CapitalHandl Health secures $2.5M in Seed Funding to drive innovation for the employer-sponsored benefits ecosystem
Handl Health , an innovative AI platform designed to assist benefits consultants in creating affordable health plans, announced a successful $2.5 million Seed funding round led by Mucker Capital and Everywhere VC. The company aims to transf
Venture Capital401GO Raises $12M Series A to Fuel Next Phase of Growth
401GO , a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capi
Venture CapitalRippling Raises $200 Million at $13.5 Billion Valuation to Expand Integrated Business Software Suite
Rippling has successfully secured $200 million in new financing and arranged for the repurchase of up to $590 million in equity, involving both current and former employees as well as early investors. This funding round, which values Rippli
Venture CapitalUK-based startup Tangent Gains $1.1M Pre-Seed Funding to Enhance Social Mobility in Tech Sector
Tangent , a UK-based startup co-founded by LinkedIn and EE alumni Gary Izunwa and Joe Adams, has secured $1.1 million in pre-seed funding to support social mobility within the tech sector. The company's innovative platform facilitates emplo
EarningsManpowerGroup Reports 1st Quarter 2024 Results
Revenues of $4.4 billion (-7% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region Gross profit margin of
Venture CapitalRIVET raises $6 Million to expand Workforce Management to more contractors
Rivet.Work a leading Workforce Management platform for electrical construction, has successfully secured $6 million in funding, led by Brick & Mortar Ventures, with participation from other investors including defy.vc. This new capital br
Venture CapitalTake2 AI Raises $3M Seed Round Led by Reach Capital & SemperVirens to Transform Sales Recruiting Using AI-Powered Job Simulations
Take2 AI, a New York-based company specializing in AI-powered job simulations for sales recruiting, has secured $3 million in seed funding from Reach Capital and SemperVirens, with contributions from other notable investors. The platform ai
Venture CapitalBarcelona-based Factorial secures $80M of Go-To-Market investment from General Catalyst to accelerate growth
Factorial , a Spanish HR platform, has secured an €80 million investment from U.S. VC firm General Catalyst. This investment, described not as a funding round but as a "go-to-market investment," is uniquely structured as contained debt aime
Venture CapitalParaform Secures $3.6M in Seed Funding to Revolutionize Recruitment for Startups
Paraform , a recruitment platform dedicated to startups, has recently secured a $3.6 million seed funding round led by A*. The platform utilizes the skills of recruiters displaced by the tech industry layoffs in 2022 and 2023, connecting st
Venture CapitalVeremark secures $3 million to expand global background screening capabilities
Veremark, a global leader in background screening, has secured $3 million in a Pre-Series B funding round to enhance technology and expand client acquisition. The company addresses a critical need for compliant hiring practices in a $8bn ma
Venture CapitalCariloop Secures $20 Million in Series C Funding to Accelerate Growth and Expand Caregiver Support Solutions
Cariloop , a leading platform in comprehensive caregiver support, has successfully closed its Series C funding round with $20 million, led by ABS Capital. This investment underscores the significant growth and nationwide traction Cariloop h
Venture CapitalEarly-Stage Workforce Venture Fund Announces $15M First Close
JFFVentures , a pioneering impact venture fund, proudly announces the first close of its second fund at $15M, with an ambitious target of $50 million. This fund is dedicated to empowering tech startups led by founders with lived experiences
Venture CapitalIndustry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams
Homebase , a leader in HR and team management applications for small businesses, announced a $60M Series D funding led by L Catterton Growth with support from Emerson Collective and others. This funding will boost R&D to expand its product
Venture CapitalRemote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent
Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin
Venture CapitalSeso Closes $26M Series B to Build Critical Software for American Farmers
Seso , an agricultural workforce management platform, announced a $26M Series B funding round led by BOND, with contributions from Index Ventures, NFX, SV Angel, and others, including customer participants. Seso aims to revolutionize farm l
Company NewsVoiceitt puts its AI to work, making the remote workplace inclusive
Voiceitt , an Israel-based innovator in speech recognition technology, partners with Virtualahan, a Philippine organization focused on training and employing people with disabilities. Together, they aim to tackle the global challenge of dis
Venture CapitalMetaview's Game-Changing $7M Series A: Pioneering the Future of AI-Driven Hiring
Metaview , an innovative startup, has raised $7M in Series A funding led by Plural, with participation from notable investors and angels. Since its 2018 inception, Metaview has aimed to transform the hiring process by leveraging unstructure
Venture CapitalBrightside Health Raises $33M in Series C to Expand Telemental Health Services Nationwide
Brightside Health, a provider of teletherapy services for depression, anxiety, and other mood disorders, has successfully raised $33 million in Series C funding. The round was led by S32 and included both existing and new investors such as
Venture CapitalCloverleaf Secures $7.3 Million Series A Extension Led by Advantage Capital
Cloverleaf , a leader in automated coaching technology, has announced a $7.3 million Series A extension led by Advantage Capital. The investment boosts Cloverleaf’s total funding to $20 million, fueling its mission to maximize employee tale
Venture CapitalZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures
ZayZoon , a leader in Earned Wage Access (EWA) for SMBs, announced a $15 million raise in its Series B extension, reaching a total of $49.5 million, led by Viola Fintech and Intuit Ventures, alongside Framework Venture Partners and EDC. Thi
Venture CapitalBorderless AI Launches from Stealth with $27M Investment to Bring World's First AI Agent to HR Space
Borderless AI, an AI-powered startup, has emerged from stealth with a $27 million seed investment aimed at revolutionizing the HR industry. The company specializes in developing AI agents designed to automate and streamline the process of o
Company NewsUNLEASH America 2024: America’s premier HR conference and expo
UNLEASH America to feature more than 200 speakers, including Earvin “Magic” Johnson, across 14 stages and summits, where HR, learning, AI, innovation and inspiration intersect LONDON & LAS VEGAS-- UNLEASH , a global digital media and events
Venture CapitalPaylode's Leap in Miami: Harnessing $5.5 Million Seed Round for Perks Innovation
Paylode , a Miami-based startup, has raised a $5.5 million seed round to enhance its perks-as-a-service platform. The company provides tools for businesses to launch and manage customer perks programs efficiently. It aims to improve custome
Venture CapitalVivup and Perkbox to Combine, Creating a World-Class, All-in-One Employee Wellbeing, Benefits and Engagement Platform
Vivup and Perkbox, leaders in employee wellbeing and benefits, have announced a merger with strategic investment from Great Hill Partners. This collaboration aims to create a top-tier platform for employee benefits and engagement, enhancing
Venture CapitalTeamspective Secures €900K Pre-Seed Funding in Finland: Elevating Employee Engagement with Cutting-Edge HRTech Solutions
Teamspective , a Finnish employee engagement startup, has secured €900,000 in pre-seed funding to enhance organizational health and team performance through data-driven insights. Utilizing AI to analyze employee engagement data, Teamspectiv
Venture CapitalMilu Health Announces $4.8M Seed Round Led by a16z Bio + Health and Partners with Employers to Expand Employee Access to AI-driven Health Savings Platform
Milu Health , a health tech company, announced a $4.8 million seed round led by Andreessen Horowitz (a16z) Bio + Health, aiming to enhance healthcare affordability for employees through AI-driven strategies. The platform collaborates with e
Company NewsCustomer Confidence, Trust in UKG Solutions Drive Strong Results for First-Quarter Fiscal 2024
UKG reported a successful first quarter for fiscal 2024, marked by strong customer loyalty and significant business growth. The period was notable for an increase in customer migrations to modern UKG solutions, particularly among larger cli
Venture CapitalTava Health Raises $20 Million to Bridge the Gap in Mental Health Care with a Therapist-Centric Approach
Tava Health , a mental health platform, has raised $20 million in Series B funding led by Catalyst Investors. The investment will support product development, expansion of the provider network, and enhancement of partnerships with employers
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