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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Welcome to the Jungle Acquires Otta, Revolutionizing the HR Tech Landscape
Welcome to the Jungle , a French leader in employer branding and recruitment solutions, announces the strategic acquisition of Otta, a UK-based job search platform. This move marks a significant expansion in Europe and initiates Welcome to
Venture CapitalDailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
DailyPay, a New York City-based company specializing in on-demand pay solutions, has successfully raised over $175 million through a mix of debt and equity funding. This substantial financial injection includes $100 million in increased sec
Venture CapitalAya Healthcare's Bold Leap: Acquiring UK's ID Medical to Revolutionize Global Healthcare Staffing
Aya Healthcare , a major player in US healthcare staffing, has marked a significant expansion by acquiring ID Medical, a key healthcare service provider in the UK. This strategic move, led by Aya's President and CEO, Alan Braynin, aims to f
Venture CapitalEmpowering the Workforce: weavix Raises $23.6M in Series B for AI-Enhanced Worker Connectivity
weavix , a Wichita-based technology firm, has announced a significant milestone in its growth journey by securing $23.6 million in Series B funding. This investment round, led by global software investor Insight Partners, with contributions
Company NewsGlobal Compliance Technology Leader, Mitratech, Elevates Market Position with Dual Acquisitions of Syntrio and Mineral
Mitratech, a leader in global compliance technology, has expanded its suite by acquiring Syntrio and Mineral, enhancing its offerings with ethics hotlines, predictive HR services, and over 1,000 eLearning courses. This move creates a compre
Product NewsPerformYard Secures $95M for Revolutionary Staff Performance Tools
PerformYard, a staff performance management platform, recently raised $95 million in funding led by Updata Partners. Founded by Ben Hastings and Jon Malpass, PerformYard provides tools for employee reviews, goal setting, and feedback, integ
Product NewsBullhorn Acquires Mployee to Help Recruitment Agencies Accelerate Their Digital Transformation Journey
Bullhorn , a global leader in software for the staffing and recruitment industry, has acquired Mployee, a Netherlands-based company specializing in Salesforce-based solutions for recruitment agencies. This strategic move aims to accelerate
Product NewsSterling to Offer Market Leading Clinical Solutions Through Acquisition of Vault Workforce Screening
Sterling Check Corp (NASDAQ: STER), a distinguished leader in background screening and identity services, has strategically acquired Vault Workforce Screening, a prominent U.S. clinic management platform. This acquisition not only expands S
Venture CapitalDutch Innovation Unleashed: Bubty Secures €1.75M Seed Funding for Its White-Label Freelance Management Platform
Dutch startup Bubty , specializing in freelance workforce management, has secured a €1.75 million seed investment to bolster its innovative, white-label external workforce technology. This platform enables companies to build custom talent p
Venture CapitalVestwell's Series D Success: Paving the Future of Fintech with $125 Million
Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major
Product NewsAon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market
Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared c
Venture CapitalTuMeke Secures $10M in Series A from Intel Capital: Revolutionizing Ergonomic Safety in Manufacturing
TuMeke , an innovative company combining AI and ergonomics for workplace safety, recently secured $10M in Series A funding led by Intel Capital. The funds will support the expansion of TuMeke's expert team, dedicated to revolutionizing inju
Venture CapitalCareerFairy's Innovative Leap: Securing Multimillion-Euro Investment for Gen Z Recruitment Revolution
CareerFairy , a trailblazing video recruiting platform based in Zurich, Switzerland, has secured a multimillion-euro investment to revolutionize the job search for Generation Z. Spearheaded by European media giant Mediahuis, alongside notab
Venture CapitalnCoreHR's EUR2M Boost: Pioneering Recruitment Tech on a Global Scale
nCoreHR , a Milan-based company specializing in HR technology, provides a cloud-based platform for automating recruitment processes. Their software focuses on reducing non-core operations for HR professionals, improving efficiency in handli
Venture CapitalLisbon's Paynest Secures €2M for Pioneering Employee Financial Solutions
Paynest , a Lisbon-based financial wellbeing platform for employees, has recently secured a €2 million seed investment to fuel its European expansion. Led by Lince Capital, with contributions from BlueCrow Capital and others, this investmen
Product NewsCheckr's Strategic Expansion: Launching Pay and Onboard for Enhanced Flexible Workforce Management Beyond Background Checks
Checkr, a leading HR technology company, has announced a significant expansion with the introduction of Checkr Pay and Checkr Onboard. These innovative solutions are designed to streamline payment and onboarding processes for the rapidly gr
Venture CapitalElatra: Revolutionizing Tech Industry with $200K Funding
Elatra, a California-based digital coaching platform, has secured $200K in funding. Led by CEO Natalia Drogolchuk, the company aims to revolutionize tech business coaching with a focus on enhanced user experience and personalized tools, eye
Venture CapitalRevolutionizing SME Insurance: Mulberri Raises $6.75M in Series A
Mulberri , an innovative AI-driven embedded business insurance platform, recently announced a successful $6.75 million Series A funding round led by Eos Venture Partners. This significant investment, with contributions from Hanover Technolo
TopicsThe Silver Tsunami: Over 2.4 Million US Older Workers Eye Early Retirement Amid Skill Gaps
A new survey from Multiverse also reveals that 41% of these workers would be willing to remain active in the labor market if provided with better access to training NEW YORK , Dec. 7, 2023 /PRNewswire/ -- As a growing number of older work
Venture CapitalCanadian AI-Powered Engagement Platform ThoughtExchange Lands $13.5M Equity Investment for Business Expansion
ThoughtExchange, a leading AI engagement and survey platform, recently secured a substantial $13.5M equity investment. This financial boost, led by InBC Investment Corp. along with various established investors, underlines the platform's in
Venture CapitalIndian SaaS Powerhouse ProHance Gains Major Investment from ChrysCapital
ProHance, a leading workplace analytics and operations management SaaS provider, announced a significant investment from ChrysCapital, a prominent Indian investment firm. This strategic move is set to accelerate ProHance's global expansion,
Venture CapitalKahuna Workforce Solutions Raises $21M in Series B to Transform Frontline Skills Management
Kahuna Workforce Solutions recently secured a $21 million Series B funding from Resolve Growth Partners to enhance its skills management technology for frontline workers. This significant investment marks a milestone in Kahuna's growth traj
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
Venture CapitalGoldman Sachs Leads $45M Investment in Candex for Asian Market Expansion
Candex , a leading player in the procurement management industry, has recently garnered a significant $45 million in Series B funding, primarily led by Goldman Sachs. This investment, boosting Candex's total capital to $85 million, is earma
Venture CapitalVimcal Secures $4.5 Million for Cutting-Edge Calendar Expansion: A New Era in Scheduling
Vimcal, a Y Combinator-backed calendar app, recently raised $4.5 million in a seed round led by Altos Ventures, focusing on expanding its team and enterprise offerings. Founded by CEO John Li, Vimcal has enhanced its iOS app and Outlook int
Company NewsUKG Aspire 2023: Caring for Your People Leads to Better Business Outcomes
Every person deserves to work at a great workplace. That was the resounding message this week at UKG Aspire in Las Vegas, where more than 5,000 UKG customers, partners, employees, and HR industry thought leaders and influencers gathered to
Venture CapitalEngagedly's Strategic Takeover of theEMPLOYEEapp Enhances Deskless Workforce Connectivity and Growth
Engagedly has strategically acquired theEMPLOYEEapp to revolutionize how companies communicate with their deskless workers. By harnessing AI-powered talent management, this move aims to streamline internal communications, bolster remote eng
EarningsFiverr Announces Third Quarter 2023 Results
Delivered strong results for Q3’23. Our focus and execution across our core marketplace and Fiverr Business Solutions allowed us to deliver revenue and Adjusted EBITDA at the high end of our guidance. Improving Adjusted EBITDA margins for
Venture CapitalSan Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service
Venture CapitalWork Shield raises $6 million from Ballast Point Ventures
Work Shield, a Dallas-based incident management technology firm, has secured a $6 million investment from Ballast Point Ventures. This strategic move aims to bolster Work Shield's comprehensive solution for reporting, investigating, and res
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