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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Entrust 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 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
Company NewsBetterUp Names Jolen Anderson as Chief People and Community Officer
Visionary People Leader Joins Human Transformation Company AUSTIN, TX – April 4, 2024 – BetterUp , the human transformation company and pioneer of virtual coaching, today announced the appointment of Jolen Anderson as the company’s first-e
Venture CapitalModal Announces $25 Million Series A to Upskill Employees in AI
Modal, a premier skills development platform specializing in data and analytics training, has successfully secured a $25 million Series A funding led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital
Product NewsOracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities
Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus
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
Company NewsCielo Debuts First Generative AI for Talent Acquisition: CLO.ai
Cielo , a global leader in Talent Acquisition, has introduced the first Generative AI for talent acquisition, CLO.ai. This tool is built on responsible AI principles, enhancing hiring by providing fast, better outcomes while maintaining can
Product NewsOracle Adds New Generative AI Capabilities to Oracle Fusion Cloud Applications Suite
Oracle announced new generative AI capabilities within the Oracle Fusion Cloud Applications Suite, enhancing decision-making and employee/customer experiences across various domains such as finance, supply chain, HR, and marketing. These ca
Product NewsBullhorn Copilot Launches With AI Tools Tailored to the Staffing Industry
Bullhorn , a global leader in staffing and recruitment software, announced the launch of Bullhorn Copilot, a comprehensive AI solution designed to enhance recruitment processes. Copilot integrates generative, source and match, and directive
Product NewsFingercheck Launches PaisleyHR, Its New PEO Product to Help Small Businesses Grow With Confidence
A recent NAPEO report revealed that 81% of SMBs without a PEO solution express newfound interest. The data underscores the significant impact PEOs have on small- to medium-sized businesses today. Fingercheck's venture into PEO services furt
Company NewsCreating the Future: Conversational AI Innovator Paradox Promotes Industry Leader Adam Godson to CEO
Paradox , a leader in HR and recruiting through Conversational AI technology, has promoted Adam Godson to CEO, with founder Aaron Matos transitioning to Executive Chairman. The company, known for its significant growth and innovative produc
Venture CapitalTech Is Human Announces $2.5 Million in New Funding to Tackle Thorny Tech & Society Issues and Expand the Responsible Tech Ecosystem
All Tech Is Human (ATIH) has successfully secured $2.5 million in funding from multiple prominent foundations, including Oak Foundation and Mozilla Foundation, to address complex technology and society issues and foster a comprehensive Resp
ColumnWorkday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results
Workday, Inc. announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript
Venture CapitalTuned Secures $3.2M Seed Extension to Scale Hearing Health Benefits for Modern Workforce
Tuned , a digital hearing health innovator, has successfully raised an oversubscribed $3.2 million seed extension, led by Unum Group with participation from Distributed Ventures. This funding boosts Tuned's total capital to $8.2 million, un
Company NewsADP® Offers AI-Enabled Partner Solutions on Powerful, Simple and Secure ADP Marketplace
ADP Marketplace , recognized as the world's largest digital HR storefront, is revolutionizing the human capital management (HCM) ecosystem by integrating AI-enabled solutions from over 800 partners globally. This initiative not only enhance
EarningsFiverr Announces Fourth Quarter and Full Year 2023 Results
Fiverr International Ltd. reported robust financial performance for 2023, exceeding its set targets for revenue and Adjusted EBITDA. The company's strategic focus on AI integration and expanding its complex service offerings significantly c
EarningsTrueBlue Reports Fourth Quarter and Full-Year 2023 Results
TrueBlue , a leading provider of specialized workforce solutions, announced its fourth quarter and full-year results for 2023, highlighting a decrease in revenue by 12 percent to $492 million for the quarter and a 15 percent decrease to $1.
Venture CapitalHireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, value
Company NewsTriNet Triumphs in Fiscal 2023: Hits $4.9 Billion Revenue and Launches Quarterly Dividend
TriNet Group, Inc., a leading provider of comprehensive human capital management solutions for SMBs, reported a 2% increase in total revenues to $1.2 billion for Q4 2023 and a 1% rise to $4.9 billion for the fiscal year. Earnings per share
Company NewsTriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO
TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful
EarningsKelly Services Inc (KELYA) Reports Q4 Earnings: Adjusted EBITDA Margin Expands Amidst Flat Revenue
Kelly Services Inc (KELYA) announced its Q4 financial results, highlighting stability with flat revenue at $1.2 billion and significant improvements in profitability. Operating earnings surged by 59% to $7.3 million, and net earnings showed
EarningsUpwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA
Product NewsSmartRecruiters Unveils Next-Gen SmartRecruiters Marketplace
SmartRecruiters announces the launch of its updated Marketplace, a cutting-edge hub designed to empower companies in creating their ideal recruitment ecosystem. With over 600 technology and 60 service partners, it stands as the most compreh
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
Company NewsChris Thomas Promoted to Paycom Co-CEO with Chad Richison
Paycom Software , Inc. announces Chris Thomas as Co-CEO alongside Chad Richison. With a history of leadership and innovation, Paycom's strategic move aims to enhance its growth and service in the HR tech industry. OKLAHOMA CITY Paycom Softw
ColumnUKG: An Estimated 16.1 Million U.S. Employees to Miss Work Super Bowl Monday, Millions More Plan to Show Up Late
This article examines the impact of Super Bowl LVIII on workplace absenteeism and productivity in the U.S., based on research conducted by The Harris Poll for the UKG Workforce Institute. An estimated 16.1 million U.S. employees are expecte
Company NewsWorkday Appoints Chikara Furuichi as the New President of Japan
Workday, Inc. announces the strategic appointment of Chikara Furuichi as the new President of Japan, underscoring its dedication to expansion within the Japanese market. With over 25 years of experience in IT, SaaS security, and cloud servi
Company NewsADP® Assist with Generative AI Features Makes HCM Decisions Easy, Smart and Human
ADP, a global technology company specializing in human capital management (HCM) solutions, has unveiled ADP Assist, a cross-platform solution powered by generative AI (GenAI). This innovative tool enhances HR productivity, aids in data-driv
Company NewsADP's Fiscal 2024 Q2 Report: A Financial Deep Dive into $4.7 Billion Revenue and Earnings Surge
ADP , a global leader in human capital management solutions, reported a 6% revenue increase in the second quarter of fiscal 2024, reaching $4.7 billion. The growth, consistent in organic constant currency, reflects the company's robust fina
Company NewsFormer U.S. Bureau of Labor Statistics Commissioner Dr. William Beach Joins UKG Workforce Institute Advisory Board
LOWELL, Mass. & WESTON, Fla.The UKG Workforce Institute — a think tank known for its global research and actionable insights on what’s impacting HR, organizations, and their people — is pleased to welcome Dr. William Beach, labor
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