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Venture Capital

Phenom Acquires EDGE to Enhance Workforce Intelligence for Professional Services, IT Services, and Global Capability Centers

Phenom , an AI-driven HR technology leader, has acquired EDGE , a top resource management and talent mobility platform. This move enhances Phenom’s Intelligent Talent Experience platform with advanced resource planning capabilities, caterin

Feb 6, 2025
Company News

Paycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex

Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million , while net loss significantly narr

Feb 5, 2025
Company News

Workday Announces Workforce Reduction of 1,750 Employees to Optimize Operations

Workday (NASDAQ:WDAY) is cutting 1,750 jobs, representing about 8.5% of its workforce, as part of a broader initiative to improve operational efficiency and refocus on core business areas. Despite the layoffs, Workday plans to continue hiri

Feb 5, 2025
Company News

Dayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth

Dayforce , a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6

Feb 5, 2025
Company News

Nationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG

Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By ado

Feb 5, 2025
Venture Capital

Workwell Group Expands North American Presence with Acquisition of Eastridge Workforce Management

Workwell Group , a global leader in Human Capital Management (HCM) and Employer of Record (EOR) services, has acquired Eastridge Workforce Management (EWM) from Eastridge Workforce Solutions. This strategic acquisition strengthens Workwell’

Feb 4, 2025
Company News

Kforce Reports Fourth Quarter 2024 Revenue of $343.8 Million; Full Year 2024 EPS of $2.68 Per Share; Board of Directors Approves Increase in Quarterly Dividend for Sixth Consecutive Yea

Kforce   Inc. (NYSE: KFRC) reported Q4 2024 revenue of $343.8 million , a 5.4% YoY decline , with a full-year 2024 revenue of $1.41 billion , down 7.4% YoY . Despite a stabilized demand for technology services, earnings per share (EPS) fell

Feb 3, 2025
Product News

G-P Delivers New AI Advancements and Expands AI Innovation Across Employer of Record (EOR) and Global Employment Products

G-P, a leader in global employment solutions, has introduced new AI-powered advancements across its suite of products, including Employer of Record (EOR), Contractor, and G-P Gia™ . These enhancements leverage generative AI (GenAI) and agen

Feb 3, 2025
Venture Capital

ADP acquires Procesamiento Externo de Información, S.C. (PEI) in Mexico

ADP (Nasdaq: ADP) has acquired Procesamiento Externo de Información, S.C. ( PEI ), a Mexico-based payroll solutions provider. This acquisition strengthens ADP’s global presence in Latin America by integrating PEI’s domestic expertise with A

Jan 31, 2025
Product News

Envoy Introduces Virtual Front Desk Mobile to Streamline Access and Enable Virtual Assistance for Today’s Dynamic Workforce

Envoy has launched Virtual Front Desk (VFD) Mobile , a new solution designed to revolutionize workplace assistance by providing employees and visitors with real-time support, remote access, and seamless navigation via the Envoy mobile app.

Jan 30, 2025
Company News

Coursera Reports Fourth Quarter and Full Year 2024 Financial Results

Coursera (NYSE: COUR) announced its Q4 and full-year 2024 financial results, reporting $694.7 million in revenue for the year, a 9% increase from 2023. The company achieved positive Adjusted EBITDA of $41.5 million , marking a financial tur

Jan 30, 2025
Company News

Workday to Roll Out TechWolf's AI-Powered Skills Intelligence Across its Workforce, Making it Easier for Employees to Drive their Career Growth

Workday has announced the integration of TechWolf ’s AI-powered skills intelligence into its global workforce, benefiting over 20,400 employees. This partnership aims to enhance Workday’s existing skills framework by automating skills ident

Jan 29, 2025
Venture Capital

15Five Acquires Kona, the AI-Powered Manager Effectiveness Coach for Remote Managers

15Five , a performance management platform, has acquired Kona, an AI-powered manager coaching tool designed for remote work environments. The acquisition strengthens 15Five's position as a leader in addressing manager skill gaps and improvi

Jan 28, 2025
Column

For Ninth Time, UKG Ranked #1 in North American Midmarket Use Case in the Gartner Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises Report

UKG has been ranked highest for the ninth consecutive year in the 2024 Gartner® Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises in the North American Midmarket Use Case. Their AI-driven UKG Pro HCM suite empowers

Jan 28, 2025
Product News

Staffbase launches next-generation email solution to transform employee communications from unread to unmissable

Staffbase, the fastest-growing employee communications cloud, has launched "The New Staffbase Email" to revolutionize employee communication. This updated platform focuses on creating engaging, personalized, and data-driven emails, leveragi

Jan 27, 2025
Product News

Paylocity Launches New Recruiting Features to Transform High-Volume Hiring

Paylocity has announced new features in its Recruiting platform to address the challenges of high-volume hiring, particularly in industries like retail and hospitality. These enhancements include streamlined recruiter scheduling, candidate

Jan 23, 2025
Venture Capital

Teal Announces Series A Funding to Expand its AI-Powered Careers Platform, Bringing Total Financing Raised to $19 Million

Teal , an AI-powered career platform, has raised $7.5 million in Series A funding, bringing its total financing to $19 million. The funds will support global scaling and product development, including new AI-driven tools such as an AI Inter

Jan 22, 2025
Venture Capital

Workera Announces Strategic Investment from Accenture

Workera has announced a strategic investment and collaboration with Accenture, integrating Workera's AI-powered skills intelligence platform into Accenture's LearnVantage. This partnership aims to advance the adoption of skills-first strate

Jan 22, 2025
Venture Capital

Belfry Raises $12 Million Series A to Accelerate Innovation and Growth

Belfry Software , a platform designed for physical security providers, announced it has raised $12 million in Series A funding, led by Base10 Partners, with contributions from Bienville Capital and Aglaé Ventures. The funding increases Belf

Jan 22, 2025
Product News

UneeQ 2.0: Redefining AI Digital Workforces with Emotionally Intelligent Avatars

UneeQ has launched UneeQ 2.0, a next-generation platform revolutionizing AI digital workforces with emotionally intelligent, personality-driven avatars. These digital humans offer sub-one-second response times, 4K ultra-HD rendering, and cu

Jan 21, 2025
Product News

BetterUp Launches AI Coaching: Bridging Human Expertise and AI Innovation to Transform Organizational Impact at Scale

BetterUp has launched an AI-powered coaching platform that blends human expertise with AI innovation to scale personalized coaching across organizations. This offering integrates evidence-based methods, AI insights, and behavioral science t

Jan 21, 2025
Venture Capital

ServiceNow accelerates agentic AI roadmap with acquisition of AI native conversation data analysis platform Cuein

ServiceNow  announced its acquisition of Cuein, an AI conversation data analysis leader, to enhance its platform's capabilities in transforming customer interactions into actionable insights. This move accelerates ServiceNow's agentic AI ro

Jan 17, 2025
Venture Capital

Canada-Based Borderless AI Secures $5M Seed Extension, Raising Total Funding to $32M for HR Tech Innovation

Borderless AI has introduced HRGPT, a transformative AI-powered search engine designed specifically for HR teams and employees. HRGPT enables real-time retrieval of internal HR data and external HR regulations while providing transparency t

Jan 17, 2025
Venture Capital

Maki Secures $28.6M to Revolutionize Talent Acquisition with Conversational AI

Maki , a leader in conversational AI for HR, has secured $28.6 million in Series A funding to redefine how organizations approach talent acquisition. With rapid growth in 2024 and large-scale partnerships with Fortune 500 companies, Maki’s

Jan 15, 2025
Company News

DHI Group, Inc. Announces Strategic Reorganization Separating the Dice and ClearanceJobs Businesses to Better Capitalize on Unique Market Dynamics

DHI Group, Inc. has announced a strategic reorganization to split its operations into two distinct divisions: Dice and ClearanceJobs. This move aims to focus on the unique market demands of each brand, streamline operations, and improve pro

Jan 14, 2025
Company News

beqom Appoints Lars Pedersen as CEO

beqom, a global leader in compensation management, embarks on an exciting new chapter as Lars Pedersen assumes the role of CEO, succeeding co-founder Fabio Ronga. With a strong foundation established under Ronga's leadership, including sign

Jan 13, 2025
Product News

HR Signal® Launches Lookalikes™, a Sourcing Platform for Recruiters That Uses AI to Find Better Candidates Instantly and Predict Their Interest in a New Job

HR Signal® has unveiled Lookalikes™, an AI-driven sourcing platform that redefines how recruiters discover and engage talent. By leveraging proprietary technology, Lookalikes™ allows recruiters to build candidate Archetypes, identify top ma

Jan 10, 2025
Venture Capital

Employment Hero acquires Canadian employment platform Humi in $100M+ global expansion move

Employment Hero, a global leader in employment solutions, has announced the acquisition of Humi, a Canadian employment platform, in a deal worth over CAD $100 million. This strategic move strengthens Employment Hero’s global expansion while

Jan 10, 2025
Product News

WorkJam Launches Shift Bidding to Simplify Scheduling and Ensure Compliance in Complex Frontline Work Environments

WorkJam introduces Shift Bidding, a new feature designed to simplify scheduling in complex environments like unionized workplaces. This innovative tool ensures compliance with union rules and regulations while empowering employees to rank s

Jan 9, 2025
Product News

TriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses

TriNet, a leader in HR solutions for small and medium-size businesses (SMBs), has launched its enhanced HR Plus offering, an Administrative Services Organization (ASO) solution. Designed to simplify HR, payroll, and benefits management, the

Jan 8, 2025
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