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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TERRA Staffing Group Expands to the Midwest with Acquisition of ASG Staffing
Everett, WA — TERRA Staffing Group ("TERRA"), an award-winning staffing firm headquarterd in the Pacific Northwest, is pleased to announce the acquisition of ASG Staffing, Inc. (“ASG”). TERRA is backed by Hastings Equity Partners (“Hastin
Venture CapitalOne Model: Harnessing AI to Revolutionize People Analytics with $41M Funding
In the rapidly evolving world of HR technology, One Model, an Austin-based startup, is making waves. The company recently announced a successful funding round of $41 million, led by Riverwood Capital. This significant investment is set to f
Venture CapitalElite365 Announces Strategic Acquisition of Kobor MedSearch, LLC, which Expands its Anesthesia Staffing Services
TAMPA, Fla.-- Elite365 - Healthcare Workforce Solutions (Elite365) today announced its acquisition of Kobor MedSearch, LLC, a healthcare staffing firm with more than 25 years of expertise. The acquisition represents Elite365’s commitment to
Company NewsIMocha Launches AI-Powered Skills Intelligence Cloud to Enable Enterprises to Transition to Skills-First Talent Management
ASHBURN, Va. and PUNE, India , July 26, 2023 -- iMocha , a leading SkillsTech platform today launched its Skills Intelligence Cloud, an AI-powered platform to revolutionize enterprise hiring, talent management, internal mobility, and wo
EarningsTrueBlue Reports Second Quarter 2023 Results: Revenue was $476 million, a Decrease of 16 Percent YOY
TACOMA, Wash.-- TrueBlue (NYSE: TBI) announced its second quarter results for 2023 on 24 July. Second quarter revenue was $476 million, a decrease of 16 percent compared to revenue of $569 million in the second quarter of 2022. Net loss per
Company NewsFactorial Improves AI Tool for Skills-Based Hiring in Response to HR Talent Acquisition Challenges
MIAMI , July 25, 2023 -- As talent acquisition continues to challenge companies nationwide and the skills-based hiring trend grows, Factorial , a leading provider of human resources software solutions, has enhanced its AI-powered CV Reader
Venture CapitalImmediate, a US Earned Wage Access Company, Secures $16M in Funding to Accelerate Expansion in Workplace Financial Health
Immediate, an earned wage access company, announced a $16 million round of funding, split between growth equity and a working capital facility. This will enable Immediate to accelerate its growth in the workplace financial health sector. Th
EarningsHAYS Delivered Resilient Financial Results for its Fiscal 2023 Fourth Quarter
July 13, 2023 -- HAYS , a leading global recruitment firm, announced financial results for the fourth quarter ended June 30, 2023. Commenting on the Group’s performance, Alistair Cox, Chief Executive, said: “We delivered a resilient Q4 perf
Venture CapitalInploi, the Talent Attraction Technology Scale-up, has Raised a £1.35m Round to Develop its Growth Team
LONDON , July 25, 2023 -- inploi , the talent attraction technology scale-up, has raised a £1.35m round to develop its growth team and accelerate the go-to-market (GTM) strategy for their Software-as-a-Service (SaaS) offering ahead of a pl
Venture CapitalSkillit Secures $8.5M in Additional Funding to Solve Today's Skilled Labor Shortage for Leading Contractor Firms
NEW YORK—- Skillit , the data-driven recruiting platform for skilled, full-time construction labor, announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since
EarningsManpowerGroup Reports 2nd Quarter 2023 Results
MILWAUKEE , July 20, 2023 -- ManpowerGroup (NYSE: MAN) today reported net earnings of $1.29 per diluted share for the three months ended June 30, 2023 compared to $2.29 per diluted share in the prior year period. Net earnings in the qua
Venture CapitalRecruitBot Secures Additional $8.2M, Totaling $11.2M in Seed Funding to Reinvent Recruiting with AI
San Francisco-based startup RecruitBot has raised an additional $8.2M in seed funding, bringing its total to $11.2M. The round was led by Slow Ventures, OCA, Freestyle, Parade, and Kevin Mehaffey. The company plans to use the funds to expan
Venture CapitalProgrammatic Job Advertising Leader Appcast Acquires Recruitment Marketing Firm
Programmatic job advertising leader transforms recruitment marketing landscape with strategic acquisition. Appcast , the global leader in programmatic recruitment advertising technology and services, announced today its acquisition of recru
NewsSafeguard Global announces ChatSG, the first generative AI for the employer of record market
ChatSG delivers instant access to global HR and payroll insights and expertise AUSTIN, Texas— Safeguard Global , the leading provider of workforce enablement solutions, announced the launch of ChatSG, the world’s first generative AI technol
Venture CapitalZinc Secures a £5 Million Series A to Revolutionise Background Checks
In a round led by AVP (AXA Venture Partners) with participation from existing investor Seedcamp. Zinc , a leading provider of automated global background checks, is transforming the digital work identity landscape with an innovative approac
Venture CapitalImpellam Says in Talks to be Acquired by HeadFirst Global
Global staffing firm Impellam Group plc is in talks to be acquired by HeadFirst Global . Impellam announced the discussions in a regulatory filing on July 4 with the London Stock Exchange. It noted HeadFirst Global has until Aug. 1 to eithe
Venture CapitalTraydstream Accomplices With X0PA AI To Simplifies Its Hiring and Talent Acquisition Procedures
LONDON , July 3, 2023 -- Traydstream , a fast growing fintech company based in the United Kingdom , is pleased to deploy X0PA AI , a pioneering artificial intelligence solutions hiring platform. Through this partnership, Traydstream aims
Venture CapitalDatapeople Lands $13M in Series A Funding, Accelerating the Path Towards Data-Driven Talent Acquisition
Datapeople, a technology firm transforming the talent acquisition sector with data-driven tools, has secured $13M in a Series A funding round. The funding will accelerate the development of their analytics suite designed to tackle critical
Venture CapitalTandym Group Acquires AETEA Information Technology
NEW YORK , June 21, 2023 -- Tandym Group ("Tandym"), a national consulting, recruitment, and workforce solutions company, announced today that it has acquired AETEA Information Technology ("AETEA"), a technology staffing company. Terms of
Venture CapitalVERITONE CLOSES ACQUISITION OF BROADBEAN
Accelerates AI Leadership in Global Talent Acquisition and Recruiting Veritone HR Solutions delivers powerful suite of AI-enabled recruitment solutions to enhance operational efficiency, automation and data-driven hiring decisions for emplo
Venture Capitalzvoove Group acquires Dutch software provider RecruitNow strengthening its position as market leader in Europe
zvoove Group acquires leading provider of ATS solutions, significantly expanding its portfolio of digitization solutions for staffing companies in the Netherlands LOHNE, Germany , June 13, 2023 -- zvoove Group , the leading provider of d
Company NewsVeritone Amplifies Its AI-Driven HR Solutions Suite with Broadbean Acquisition
Veritone, a leader in enterprise AI, has completed the acquisition of Broadbean, a global leader of SaaS technology from CareerBuilder, bolstering its AI-driven HR solutions. Broadbean's job distribution software, extensive network and data
Venture CapitalFuse Cooperative Acquires Gustav to Elevate Staffing and H-1B Partnerships
The ability to efficiently partner in the highly competitive staffing industry is getting a major upgrade with Fuse Cooperative’s acquisition of Gustav, which transforms staffing’s largest vendor marketplace into a platform cooperative that
Venture CapitalComeet and Spark Hire Merge to Pioneer a New Era in Talent Acquisition Solutions: A Note from Comeet’s Founders
Comeet, a leader in collaborative recruitment software, and Spark Hire, a top-rated video interview platform, have announced a merger. The joint company will offer a comprehensive talent acquisition solution, including applicant tracking, c
Venture CapitalFountain Acquires Clevy to Further Advance AI for Hourly Hiring
Acquisition of global conversational artificial intelligence technology amplifies hiring software growth, leading to a more robust R&D innovation pipeline [ SAN FRANCISCO, CA – June 7, 2023] – Fountain , the leading Labor ATS and provide
Venture CapitalA Community-run Job Platform NinjaJobs Acquired by Starfish Partners
PLANO, Texas – Starfish Partners, an international investment and ownership platform for niched professional and mid- to upper-management search specialists, announced the acquisition of NinjaJobs , a Virginia-based firm that works across N
Venture CapitalNeobrain acquires San Francisco-based HR performance company Flashbrand to strengthen its AI-powered Talent Management solution and establish itself in the U.S.
San Francisco, Cali. – June 6, 2023 Neobrain. Europe’s leading AI-powered talent management solution, today announced its move to further establish itself in the U.S. market with the acquisition of San Francisco-based HR performance platfor
Venture CapitalVeritone To Acquire Broadbean, Signifying Deeper, Global Commitment For Veritone’s AI-Powered Human Resources Solutions
Acquisition expected to be immediately accretive, generating annualized SaaS revenues of over $35 million, of which over $30 million is subscription-based with attractive margins Acquisition of Broadbean will advance current human resource
Venture CapitalBossjob, a Chat-first Career Platform for Professional Hiring in Southeast Asia, Raises $5M in Funding
Bossjob , a Singapore and Manila, Philippines-based provider of a chat-first career platform for professional hiring in Southeast Asia (SEA), raised $5M in funding. The backers were not disclosed. The company intends to use the funds to exp
Venture CapitalAn HR Tech Startup HR Datahub Raises £1.4M in Funding
HR Datahub , a Houghton Conquest, UK-based HR Tech startup, raised $1.4M in funding. MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, Mercia’s EIS funds, the Angel Co-Fund
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