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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Daxtra Acquires Leading Talent Acquisition Communications Hub PivotCX
Daxtra , a leader in AI-powered recruitment solutions, has acquired Indianapolis-based PivotCX, known for its talent acquisition and HR communications hub. The merger integrates PivotCX’s communication tools into Daxtra’s suite, enhancing t
Product NewsPerceptyx Launches Activate, HR’s Missing Link Between Employee Insight and Impact
Perceptyx has unveiled "Activate," a groundbreaking AI-powered platform, merging insights from employee feedback with actionable strategies through behavioral science. This solution integrates the expertise of Humu into Perceptyx's offering
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
Venture CapitalShiftMed Acquires CareerStaff Unlimited MSP to Expand Leading Digital On-Demand Nursing Platform
ShiftMed, a leader in on-demand workforce technology, announced the acquisition of CareerStaff Unlimited from Genesis HealthCare. This move expands ShiftMed's digital healthcare staffing capabilities and includes a seven-year exclusive agre
Venture CapitalHR Path Acquires GroupeX, leading HCM provider in North America
HR Path Group announced its acquisition of Toronto-based GroupeX Solutions, a key move to strengthen its presence in North America and enhance its HRIS consulting capabilities. GroupeX, known for its partnerships with major software vendors
Venture Capitalbswift LLC acquires Davis & Company, expanding its Communication Agency suite of solutions
bswift , a leader in employee benefits technology and administration, has announced the acquisition of Davis & Company, an innovator in internal communication. This acquisition is aimed at enhancing bswift's services in change management, m
Venture CapitalToptal Expands Leadership in Custom Software Development with Acquisition of VironIT.com
Toptal , the world's largest fully remote workforce, has strategically acquired the assets and brand of VironIT.com, a specialist in custom software and IT consulting. This acquisition enhances Toptal's software development capabilities, pa
Venture CapitalVangst Acquires CannabizTemp, CannabizTeam's Temp Staffing Division
Vangst , a prominent hiring platform for the cannabis industry based in Denver, has made a significant acquisition of CannabizTemp, the temporary staffing division of CannabizTeam. This marks the first acquisition in the cannabis HR sector.
Venture CapitalInverness Graham Revolutionizes Employee Engagement with BenefitHub Acquisition
Inverness Graham, a prominent Philadelphia-based buyout firm known for its strategic investments in technology-driven companies, has recently announced its acquisition of BenefitHub . Founded in 1999, BenefitHub stands out as a leading plat
Venture CapitalCadient has been acquired by Basis Vectors Capital
Cadient , a frontrunner in talent acquisition for the hourly hiring sector, has been acquired by Basis Vectors Capital, a private equity firm specializing in B2B SaaS investments. This strategic move aims to accelerate Cadient’s growth and
Venture CapitalEntrust Completes Acquisition of Onfido, Creating a New Era of Identity-Centric Security
Entrust , a global leader in payments, identities, and data security, has finalized the acquisition of Onfido , a premier identity verification provider. This strategic move fortifies Entrust's portfolio with the most advanced AI-powered, i
Venture CapitalEAB to Acquire Forage to Bridge the Gap Between College and Career for Millions of Students
EAB , a leading education firm, has announced the acquisition of Forage, a premier provider of virtual job simulations, to join its talent division, Seramount. This strategic move aims to bridge the gap between college education and career
Venture CapitalMultiverse acquires AI talent software company Searchlight to help businesses close skills gaps
NEW YORK , April 8, 2024 -- Tech company Multiverse has acquired Searchlight , a talent intelligence and skills assessment platform that uses AI to help companies close their skills gaps. California -based Searchlight was founded in 2018
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 CapitalWellfound Acquires Celential.ai: A Game-Changer for the Recruitment Industry
Wellfound announces its acquisition of Celential.ai , marking a significant stride in revolutionizing recruitment. Celential.ai, known for its innovative AI recruiting tool, has transformed the hiring landscape for startups by streamlining
Venture CapitalCareerArc Acquires Recruitment Video Platform Lumina
CareerArc , a leading force in social recruiting solutions, has significantly expanded its capabilities by acquiring Lumina , the premier SaaS platform for producing visual job postings at scale. This strategic move not only enhances Caree
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 CapitalITA Group acquires Cooleaf to form industry-leading employee engagement solution
ITA Group, a leader in employee engagement solutions based in West Des Moines, Iowa, has announced the acquisition of Cooleaf, an innovative recognition and rewards SaaS platform, on April 2, 2024. This strategic move enhances ITA Group's o
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 CapitalJob Mobz Acquires Before You Apply to Revolutionize Job Search Experience
Job Mobz, a leader in recruitment solutions, has acquired Before You Apply (BYA) , a platform known for enhancing job search transparency and employer branding. This acquisition aims to transform the job search experience by offering deeper
Company NewsAlight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move
Company NewsCornerstone Acquires Talespin
Cornerstone OnDemand Inc. , a pioneer in learning and talent solutions, has announced its acquisition of Talespin's extended reality (XR) capabilities, emphasizing a shift towards immersive spatial learning in the workplace. This strategic
Venture CapitalCulture Amp is acquiring people analytics platform Orgnostic
Culture Amp, the leading employee experience platform, has announced its intention to acquire Orgnostic, a people analytics company based in Belgrade. This acquisition aims to enrich Culture Amp's AI platform with Orgnostic's data engineeri
Venture CapitalLMS365 Acquires Pioneering HR Technology Platform Valuebeat to Elevate Workplace Culture and Employee Engagement with Real-Time Human Data and Machine Learning
LMS365 , an AI-powered learning, engagement, and performance platform integrated with Microsoft 365, has acquired Valuebeat, a startup focused on enhancing company culture and employee values through data-driven insights. This acquisition s
Venture CapitalServiceNow Announces Acquisitions of 4Industry and EY Smart Daily Management Application to Drive Innovation for Smart Industrial Environments and Connected Workers
ServiceNow, a leader in digital workflows, has announced the acquisition of 4Industry and Smart Daily Management from EY, bolstering its operational technology management capabilities. This strategic move enhances ServiceNow's offerings wit
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
NewsEma Secures $25 Million to Revolutionize the Workplace with Universal AI Employee
Ema , a Mountain View-based startup, has unveiled a universal AI employee designed to automate mundane tasks, thereby freeing up employees for strategic work. With $25M in funding from notable investors and an impressive roster of early cus
Venture CapitalFirst Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock
First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a
Company NewsFirst Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the
Venture CapitalDeel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy
Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De
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