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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Vimcal 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 NewsGlobal Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology
Costa Coffee, a renowned global coffee chain, has significantly enhanced its store staffing efficiency by 65% through the adoption of UKG's AI-powered technology. This strategic move allows Costa Coffee to optimize labor allocation and make
Venture CapitalInclusively's Game-Changing $13M Series A Funding for Workplace Revolution
In a groundbreaking move, Inclusively has raised $13 million in Series A funding to enhance its revolutionary workplace personalization tool, Retain. Designed to address the diverse and evolving needs of modern employees, Retain integrates
Company NewsThe Josh Bersin Company Unveils Galileo™--The World's First AI-Powered Expert Assistant for HR Professionals
The Josh Bersin Company has unveiled Galileo™, a groundbreaking AI-powered expert assistant tailored for HR professionals. This innovative tool leverages 25 years of comprehensive research, data, and insights from the company, enabling HR l
Company News3 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem
Venture CapitalEarnBetter's AI Revolution: Landing $4.5 Million to Transform Job Searches
EarnBetter , a pioneering AI technology company, announces the launch of its AI job search assistant alongside securing a $4.5 million seed round investment. The platform, backed by prominent investors like Andreessen Horowitz, revolutioniz
Product NewsSilkRoad Evolves to Rival: A New Era in AI-Driven Talent Acquisition
SilkRoad Technology has rebranded to Rival, launching Rival Recruit, an AI-powered talent acquisition suite with over 700M passive candidates. This suite enables efficient collaboration for hiring teams, offering features like analytics, AI
Venture Capital1up Secures $2.5 Million to Revolutionize Knowledge Automation in Sales
1up has successfully raised $2.5 million in funding from investors like 8-Bit Capital and RRE Ventures to advance its Knowledge Automation Platform. The platform is designed to automate knowledge for sales teams, enabling them to answer com
Product NewsLinkedIn Introduces New AI-powered Premium Experience
LinkedIn introduced a new AI-powered Premium experience, enhancing personalization in each interaction. This upgrade offers deeper insights into critical topics and personalized career suggestions. It leverages AI to analyze feed posts for
Venture CapitalMiami-Based Traba Secures $22M Funding: Revolutionizing Light Industrial Staffing
Traba, a leading marketplace for light industrial staffing, has raised $22 million in a funding round led by Founders Fund. The investment marks a significant valuation increase from last year and includes participation from returning inves
Venture CapitalRedefining Hospitality Workforce Management: New York's Harri Raises $43M in Latest Funding
Harri, a leader in Frontline Employee Experience technology, has successfully closed its Series B funding round, raising $43M led by Atalaya Capital Management and Golub Growth. The funding will accelerate Harri's expansion and innovation i
Company NewsiCIMS Debuts Generative AI Recruiting Assistant, iCIMS Copilot
iCIMS, a leader in talent acquisition technology, has unveiled its new generative AI-powered recruiting assistant, iCIMS Copilot. The assistant aims to revolutionize the talent acquisition process by enhancing efficiency, decision-making, a
Company NewsWorkday Unveils New Generative AI Capabilities to Amplify Human Performance at Work
Workday has announced a suite of new generative AI capabilities aimed at amplifying human performance in the workplace. These features, showcased at the annual Workday Rising conference, promise to revolutionize how businesses manage produc
Venture CapitalFinancial Wellbeing Startup Mintago Closes $4.75m Funding Round
Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK. Founded in 2019 by Chieu Cao, the former co-founder and CMO of Perkbox, Mintago helps empl
Venture CapitalErudit Raises $10M Series A to Help Companies Ditch Surveys and Embrace AI to Transform the Employee Experience
In a groundbreaking move that promises to redefine the landscape of Human Resources, Erudit has successfully secured $10 million in a Series A funding round. Led by an impressive consortium of investors including Conexo Ventures, Athos Capi
Venture CapitalAmsterdam-Based Lepaya Secures $38M to Revolutionize Corporate Learning and Close Skills Gaps
Lepaya, a leading corporate EdTech provider, has secured $38 million in funding, marking the largest investment in this sector for 2023. The company aims to revolutionize the $400 billion corporate learning market with its AI-powered capabi
TopicsFirst HP Work Relationship Index Shows Majority of People Worldwide Have an Unhealthy Relationship with Work
HP Research Finds Expectations of Work Have Changed Drastically in the Last 2-3 Years News Highlights Only 27% of knowledge workers say they have a healthy relationship with work; India is most healthy, Japan least healthy 83% of knowledge
Venture CapitalYurts Announces $16M in Series A Funding to Accelerate Growrh
SAN FRANCISCO , Sept. 19, 2023 -- Yurts , the enterprise-ready Generative AI platform, today announced a $16 million Series A to support its acceleration into the market. The oversubscribed funding round was led by Nava Ventures, with a
Company NewsTrueBlue Automates Finance and HR with Oracle Fusion Cloud Applications
Oracle CloudWorld, Las Vegas— TrueBlue , a leader in specialized workforce solutions, has achieved a 40 percent return on investment (ROI) since implementing Oracle Fusion Cloud Applications Suite. With Oracle Fusion Cloud Enterprise Resour
Venture CapitalLumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round
SARATOGA, Calif. -- Lumber , creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding. With its fully integrated, purpo
Company NewsTargetRecruit Introduces Copilot: Elevating Recruitment Efficiency with Artificial Intelligence
TargetRecruit is excited to introduce a groundbreaking addition to our latest product release – Copilot, an advanced AI Integration Framework. This innovative framework marks the first step in a series of forthcoming AI capabilities designe
Company NewsPapaya Global and HiBob Team Up to Integrate HR and Payroll Management for Multinational Businesses
LONDON and TEL AVIV, Israel -- HiBob , the company behind Bob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global , the only dedicated payroll and payments platform for global workforces, annou
Venture CapitalAtomicwork Launches with $11m Seed Round Using AI to Reimagine Employee Support
As workers remain split between working from home and returning to offices, bosses are eager to ensure they have a healthy employee experience. Helping workers feel connected with everyday work needs, employee support startup Atomicwork is
Product NewsHuman Resource Executive Names Oracle Grow a Top HR Product of the Year
Oracle Grow, part of the Oracle ME employee experience platform within Oracle Fusion Cloud Human Capital Management (HCM), has been named a 2023 Top HR Product of the Year by Human Resource Executive. The Human Resource Executive Top HR Pro
Venture CapitalGympass Raises $85 Million in Series F Funding at $2.4 Billion Valuation, Strengthens Position as the Leading Global Corporate Wellness Platform
Funding comes in a record year for Gympass, as it nearly doubled its customer base to more than 15,000 and surpassed two million employee subscribers across its network of more than 50,000 partners Gympass delivers the best network of gyms,
EarningsRecruit Holdings Announces Second Quarter 2023 Financial Results
Tokyo, August 10, 2023 ― Recruit Holdings Co., Ltd. , one of the world’s largest staffing firms and owner of job board Indeed, announced its consolidated financial results for the three months ended June 30, 2023 (April 1, 2023 to June 30,
Product NewsIsolved Has Announced the Release of Its Compensation Analytics and Talent Intelligence Products
Charlotte, NC – August 7, 2023 – Attracting and retaining top talent persists as a major challenge for organizations. In a recent survey, the leading stressor keeping HR leaders up at night is keeping its top people, closely followed by c
EarningsThe Adecco Group Releases Q2 2023 Results with Strong Revenue Growth
Zurich, Aug. 3, 2023 -- The Adecco Group , one of the world’s largest staffing and HR solutions experts, announced financial results for the second quarter ended June 30, 2023. Financial Highlights Revenues +4% yoy organic TDA; excellent pe
Venture CapitalADP Acquires Sora: A Game-Changer in HR Workflow Automation
Advanced data integration and unified workflow experience simplifies complex HR processes for companies of all sizes ROSELAND, N.J. , Aug. 3, 2023 ADP ® , a global technology company providing human capital management (HCM) solutions, tod
Venture CapitalAvionté, A Leader in Enterprise Staffing and Recruiting Software, Acquires SimpleVMS
BLOOMINGTON, Minn.-- Avionté , a leader in enterprise staffing and recruiting software, announced today it acquired SimpleVMS , a vendor management system (VMS) for mid-to-large employers with a strong clerical and light industrial (CLI) c
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