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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ManpowerGroup Reports 4th Quarter 2024 Results
ManpowerGroup (NYSE: MAN) reported Q4 2024 revenues of $4.4 billion, marking a 5% YoY decline (-3% in constant currency). The company recorded net earnings of $22.5 million, or $0.47 per diluted share, reversing a $84.5 million net loss in
Venture Capital15Five 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
ColumnFor 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
Product NewsStaffbase 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
Product NewsPaylocity 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
Venture CapitalTeal 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
Product NewsUneeQ 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
Product NewsBetterUp 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
Venture CapitalServiceNow 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
Venture CapitalCanada-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
Venture CapitalCoram AI Raises $13.8 Million in Series A Funding to Bring AI to Video Security, Boosting Workplace Safety and Efficiency
Coram AI, a cutting-edge leader in AI-native video security, has secured $13.8 million in Series A funding to revolutionize workplace safety and operational efficiency. With technology leveraging advanced vision and language models, Coram’s
Company NewsTennis Star Frances Tiafoe Signs as UKG Brand Ambassador
UKG , a global leader in HR, payroll, and workforce management solutions, has announced tennis star Frances Tiafoe as its latest brand ambassador. Known for his achievements on the ATP Tour and his dedication to diversity and philanthropy,
Venture CapitalMaki 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
Company NewsDHI 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
Product NewsHR 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
Venture CapitalEmployment 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
Venture CapitalHolly Secures $2.2M to Solve Million-Job Vacancy Crisis in Government Workforce
Holly, an AI-powered GovTech platform, has secured $2.2 million in pre-seed funding to address the million-job vacancy crisis in the government workforce. By modernizing outdated hiring systems, Holly accelerates recruitment for 24 million
Venture CapitalHR Path Acquires IntSys Solutions, Strengthening Its Workday Expertise and Expanding Presence in Northern Ireland
HR Path , a global leader in HR consulting and HRIS solutions, has strategically acquired Northern Ireland-based IntSys Solutions, renowned for its Workday expertise and innovative HR services. This acquisition enhances HR Path's Workday ca
Product NewsTriNet 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
Venture CapitalFrontier Direct Care Announces Initial Closing of its $20 Million Series B Financing
Frontier Direct Care , a Texas-based innovator in employer-sponsored healthcare, has secured $20 million in Series B funding led by Mehshah Capital. This funding will propel the company's mission to transform healthcare by improving accessi
Venture CapitalRoboForce raises $10M to deploy mobile manipulators
RoboForce, a leading AI Robotics startup, has secured $10M in early-stage funding to revolutionize industrial labor through advanced robotic workforce solutions. Targeting industries like solar, space, and mining, RoboForce's AI-powered "Ro
Venture CapitalOnPay Secures $100M+ in Funding to Transform SMB Payroll and HR Solutions
OnPay , a leading provider of payroll, HR, and benefits solutions for small and mid-sized businesses (SMBs), has raised over $100 million in funding. This includes a $63 million Series B round led by Carrick Capital Partners and a debt faci
Venture CapitalPaychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology
Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri
Venture CapitalPayfare Enters into Definitive Agreement to be Acquired by Fiserv
Payfare Inc., a global leader in Earned Wage Access (EWA) and digital banking for workforces, has entered into a definitive agreement to be acquired by Fiserv, Inc., a leading financial services technology provider. The all-cash deal values
Company NewsPaychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions
Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi
Product NewsSense Releases Conversational Voice AI to Transform Candidate Engagement with Automated Phone Calls
Sense has unveiled its groundbreaking Conversational Voice AI , revolutionizing talent engagement by automating phone conversations for sourcing, screening, and scheduling. Integrated with Sense's powerful Recruiting Automation and Messagin
Venture CapitalTwill Raises $1.4M to Redefine Tech Hiring Through Expert-Driven Recommendations
Twill , a next-generation talent platform, has secured $1.4M in pre-seed funding led by Bloomberg Beta to revolutionize technical hiring. By utilizing peer recommendations and a community of vetted tech professionals, Twill ensures companie
Product NewsZoho Launches Zoho Payroll, a Comprehensive Solution That Simplifies Payroll Processing and Compliance for Businesses in the United States
Zoho Corporation has launched the US edition of Zoho Payroll, providing an all-in-one solution for simplifying payroll management, automating tax compliance, and connecting HR and financial operations. This release enhances Zoho's robust fi
Venture CapitalLegion Technologies Secures $50M: AI-Powered Workforce Management on the Rise
Legion Technologies has secured $50 million in financing from Silicon Valley Bank, rounding out a $100 million funding round in 2024 and bringing its total funding to $195 million. Known for its AI-native, employee-centric workforce managem
Venture CapitalAI-Powered Recruitment Platform Pin Launches Out of Stealth With $3 Million to Cut Hiring Time by 70%
Pin , an innovative AI-powered recruitment platform, emerges from stealth mode with a $3 million seed funding led by Expa Ventures. By automating the most time-consuming hiring tasks, Pin reduces time-to-hire by 70%, offering businesses a f
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