Search results for “investment”

MedRisk Agrees to Purchase Casualty Claims Solutions Business from Conduent

MedRisk, a leader in managed physical rehabilitation for workers' compensation, has agreed to acquire the Casualty Claims Solutions business from Conduent, including Strataware products. This acquisition encompasses services like workers' c

May 3, 2024

Paylocity Announces Third Quarter Fiscal Year 2024 Financial Results

Paylocity Holding Corporation reported strong financial results for Q3 of fiscal year 2024, with a significant 18% increase in total revenue, reaching $401.3 million. Recurring and other revenues also rose by 17%, totaling $366.8 million. A

May 2, 2024

Upwork Reports First Quarter 2024 Financial Results

Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven

May 2, 2024

Paycom's Stellar Q1 2024: Doubling Profits and Pioneering HCM Innovations

First Quarter Revenues of $500 million, up 11% from the comparable prior year period First Quarter GAAP Net Income of $247 million, representing 49% of total revenues, or $4.37 per diluted share First Quarter Non-GAAP Net Income of $147 mil

May 1, 2024

ADP's Q3 Report: Analyzing the Impact of Strategic Investments and Client Growth

ADP reported a robust fiscal third quarter for 2024 with significant growth across key financial metrics. Revenues rose by 7% to $5.3 billion, driven by solid performance in both Employer Services and PEO Services. Net earnings increased by

May 1, 2024

Insperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown

Insperity, Inc. reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom

May 1, 2024

TriNet Announces First Quarter 2024 Results

TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o

Apr 26, 2024

Keep Company Secures $1.4 Million to Revolutionize Caregiver Support in the Workplace

Keep Company, based in Bethesda, Maryland, has announced a successful fundraising of $1.4 million with notable participants including Techstars and VEST Her Ventures. This round will support the expansion of Keep Company's executive team, i

Apr 24, 2024

401GO Raises $12M Series A to Fuel Next Phase of Growth

401GO , a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capi

Apr 23, 2024

Rippling Raises $200 Million at $13.5 Billion Valuation to Expand Integrated Business Software Suite

Rippling has successfully secured $200 million in new financing and arranged for the repurchase of up to $590 million in equity, involving both current and former employees as well as early investors. This funding round, which values Rippli

Apr 22, 2024

UK-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

Apr 22, 2024

ManpowerGroup Reports 1st Quarter 2024 Results

Revenues of $4.4 billion (-7% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in Latin America and Asia-Pacific region Gross profit margin of

Apr 18, 2024

RIVET raises $6 Million to expand Workforce Management to more contractors

Rivet.Work a leading Workforce Management platform for electrical construction, has successfully secured $6 million in funding, led by Brick & Mortar Ventures, with participation from other investors including defy.vc. This new capital br

Apr 17, 2024

Product News

Workhuman Revolutionizes Workplace Insights, Launches Industry-First AI Assistant Powered by Unique Employee Recognition Data

Workhuman® has introduced a revolutionary feature to its Workhuman iQ platform – a generative AI assistant. This tool leverages AI to provide HR and business leaders with dynamic, real-time organizational insights derived from unique, propr

Apr 16, 2024

hireEZ and IQTalent Partner to Include On-Demand Recruiting Staff With Sourcing and CRM Platform

hireEZ, a CRM platform tailored for recruiters, has formed a strategic partnership with IQTalent, a leader in full-cycle talent acquisition. This collaboration brings together hireEZ's technological solutions and IQTalent's recruitment expe

Apr 16, 2024

Barcelona-based Factorial secures $80M of Go-To-Market investment from General Catalyst to accelerate growth

Factorial , a Spanish HR platform, has secured an €80 million investment from U.S. VC firm General Catalyst. This investment, described not as a funding round but as a "go-to-market investment," is uniquely structured as contained debt aime

Apr 15, 2024

Google Cloud Announces Generative AI, Cybersecurity, and Data Analytics Trainings with New Skills-Based Interview Accelerator for Hiring Partners

Today at the ASU + GSV Summit, Google Cloud unveiled new AI, cybersecurity, and data analytics certificates and courses, designed to meet the burgeoning demand for tech skills. These offerings, developed in partnership with entities like th

Apr 15, 2024

Veremark secures $3 million to expand global background screening capabilities

Veremark, a global leader in background screening, has secured $3 million in a Pre-Series B funding round to enhance technology and expand client acquisition. The company addresses a critical need for compliant hiring practices in a $8bn ma

Apr 11, 2024

Inverness 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

Apr 10, 2024

Cadient 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

Apr 10, 2024

Cariloop Secures $20 Million in Series C Funding to Accelerate Growth and Expand Caregiver Support Solutions

Cariloop , a leading platform in comprehensive caregiver support, has successfully closed its Series C funding round with $20 million, led by ABS Capital. This investment underscores the significant growth and nationwide traction Cariloop h

Apr 9, 2024

EAB 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

Apr 9, 2024

Multiverse 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

Apr 8, 2024

Early-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

Apr 4, 2024

SmartRecruiters' Global Footprint: Facilitating 100 Million Job Applications Signals Strong International Growth

SmartRecruiters , an innovative hiring platform, announces significant growth and strategic advancements, marking a notable presence in the global recruitment technology sector. The platform has achieved a milestone with over 100 million jo

Apr 4, 2024

Home From College Lands $5.4M in Seed Round to Empower Gen Z with Career Matching Platform

Home From College, a career platform targeting Gen Z for flexible job opportunities, announced a $5.4 million seed round led by GV. Founded by Julia Haber and Kaj Zandvliet in 2021, the platform caters to students and young professionals se

Apr 3, 2024

CareerArc 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

Apr 3, 2024

Industry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams

Homebase , a leader in HR and team management applications for small businesses, announced a $60M Series D funding led by L Catterton Growth with support from Emerson Collective and others. This funding will boost R&D to expand its product

Apr 3, 2024