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Venture Capital

Oyster’s Specialized Global Employment Platform Attracts New Funding From ServiceNow Ventures

Oyster, a leading global employment platform, recently secured new funding from ServiceNow Ventures, enhancing its ability to support cross-border hiring and simplify complex global employment needs. This latest investment, part of Oyster’s

Nov 11, 2024
Earnings

HireQuest Reports Q3 Growth: Franchise Royalties Increase to $9M, Adjusted Net Income Rises 29%

HireQuest , Inc., a national franchisor of staffing services, reported its Q3 2024 financials, showing slight growth in key revenue streams despite market challenges. Franchise royalties grew by 0.9% to $9.0 million from $8.9 million in the

Nov 8, 2024
Company News

Docebo Posts $55.4M Revenue in Q3 2024, Driven by 21% Growth in Subscription Revenue

Docebo reported strong third-quarter 2024 results, showcasing a 19% year-over-year revenue increase, primarily driven by subscription growth which constituted 95% of its total revenue. The company recorded a net income of $5 million and adj

Nov 8, 2024
Venture Capital

Craftt Closed $2M Seed to Offer Universal Benefits with Future of Work Decentralized Platform

Craftt, a decentralized platform targeting the modern workforce, has raised $2 million in seed funding led by Superscrypt with participation from DCG and prominent angel investors. Built for independent workers, Craftt aims to provide unive

Nov 7, 2024
Product News

Paycor Launches New AI-Powered Assistant to Boost Productivity

Paycor, a leading HCM software provider, has launched the AI-powered Paycor Assistant, designed to streamline HR processes and enhance productivity for both employees and administrators. The new assistant allows users to engage with Paycor’

Nov 5, 2024
Earnings

Heidrick & Struggles Q3 Financials: Revenue Up 6% to $278.6M, Strengthening Global Talent Solutions

Heidrick & Struggles reported solid third-quarter 2024 results, with revenue growth across all segments, hitting $278.6 million—a 6% year-over-year increase. Strengthening its leadership in talent solutions, the company achieved an EPS of $

Nov 4, 2024
Venture Capital

Atlantic International Acquires Staffing 360: Creating a Leading Human Capital Powerhouse

Atlantic International Corp. and Staffing 360 Solutions, Inc. have entered into a definitive merger agreement aiming to establish a leading company in human capital management, workforce solutions, and outsourced services. With projected co

Nov 4, 2024
Earnings

TrueBlue Reports 19% Revenue Decline in Q3 2024 but Accelerates Digital Transformation to Drive Future Growth

TrueBlue, a leading workforce solutions provider, reported its third-quarter 2024 financial results, highlighting a 19% year-over-year revenue decline to $382 million and a net loss of $8 million. Despite challenging market conditions, the

Nov 4, 2024
Company News

UKG Empowers Hawaiian Airlines’ Frontline Workforce with Mobile-first HR Technology

UKG, a prominent HR technology provider, is enhancing Hawaiian Airlines' HR processes with its mobile-first UKG Pro suite. This partnership, spanning 15 years, allows Hawaiian Airlines’ 7,000 employees—many working outside traditional offic

Nov 4, 2024
Company News

Workday and Compa Partner to Revolutionize Compensation with Real-Time Data

Workday and Compa have announced a new partnership aimed at transforming how organizations approach compensation by integrating Compa's real-time market intelligence data into Workday’s platform. This collaboration will empower HR teams to

Nov 4, 2024
Venture Capital

Korn Ferry Completes Strategic Acquisition of Trilogy International

Korn Ferry , a prominent global organizational consulting firm, recently completed its acquisition of Trilogy International, a UK-based leader in digital interim talent services across EMEA and the United States. This acquisition enhances K

Nov 1, 2024
Product News

O.C. Tanner Unveils AI-Enabled Insight Tools to Improve Employee Experience

O.C. Tanner’s Culture Intelligence suite introduces AI-driven tools to its Culture Cloud platform, aimed at enhancing employee experience through inclusivity and meaningful recognition. This suite, built on years of workplace culture resear

Nov 1, 2024
Product News

empinfo's Verification-as-a-Service (VaaS) Platform for Verifying Employment and Income is Now Available Online

EmpInfo has launched its Verifications-as-a-Service (VaaS) platform online, enabling credentialed verifiers to access nationwide employment and income records seamlessly. With its combination of "Instant" and "On-Demand Verifications," the

Nov 1, 2024
Venture Capital

ARCOS Acquires Clearion, Expanding its Workforce Management Solutions Portfolio

COLUMBUS, Ohio  – ARCOS® LLC, a leading provider of workforce management solutions for utilities and other critical infrastructure industries, announced today the acquisition of  Clearion , a provider of SaaS and mobile software for vegetat

Oct 31, 2024
Venture Capital

First Advantage Completes Acquisition of Sterling Check for $2.2 Billion

First Advantage Corporation (NASDAQ: FA) has successfully completed its acquisition of Sterling Check Corp. for $2.2 billion, including assumed debt. This strategic move enhances First Advantage's global presence and product offerings in ba

Oct 31, 2024
Venture Capital

EQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation

EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and

Oct 31, 2024
Earnings

Insperity Announces Third Quarter Results

Insperity, Inc. reported its third-quarter 2024 results, showcasing a slight decrease in worksite employees (WSEEs) by 2% year-over-year, with a total of 309,088 WSEEs. Despite this, Q3 net income stood at $3 million with a diluted EPS of $

Oct 31, 2024
Earnings

Paycom Q3 2024: A Financial Deep Dive – Revenues Climb to $452M, Up 11%

Paycom Software, Inc. reported robust financial results for the third quarter of 2024, announcing revenues of $452 million, an 11% increase year-over-year. The company's GAAP net income was $73 million, equivalent to $1.31 per diluted share

Oct 30, 2024
Company News

Paylocity Reports $363M Q1 Revenue with 14% Growth, Driven by Airbase Acquisition

Paylocity 's first-quarter fiscal 2025 report highlights a strong start, with 14% growth in recurring and total revenue year-over-year, reaching $363 million. The recent acquisition of Airbase marks an expansion into finance and spend manag

Oct 30, 2024
Company News

Dayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue

Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat

Oct 30, 2024
Earnings

ADP Fiscal Q1 2025 Earnings: Revenues Climb to $4.8 Billion, Marking a Strong Start

ADP announced robust first quarter fiscal 2025 results with a 7% increase in revenue reaching $4.8 billion and a 13% increase in diluted EPS at $2.34. Significant highlights include the acquisition of WorkForce Software and the launch of AD

Oct 30, 2024
Product News

Qualtrics Rolls Out Game-Changing AI Features for Enhanced Employee Engagement

Qualtrics has unveiled new AI-driven tools for its XM for Employee Experience platform, aimed at enhancing employee engagement and productivity by refining feedback analysis and actionable insights. The tools include Qualtrics Assist for Em

Oct 30, 2024
Company News

Lattice's 2025 State of People Strategy Report: HR at a Crossroads with AI, DEIB, and Manager Engagement

Lattice 's 2025 State of People Strategy Report reveals that HR is at a critical juncture, facing challenges like declining employee engagement, reduced DEIB prioritization, and the slow adoption of AI. The report emphasizes the importance

Oct 29, 2024
Product News

Paycor Launches Integration Platform to Transform Connectivity

Paycor has launched its new Integration Platform, aimed at simplifying the connection between its human capital management (HCM) software and third-party business applications. The platform offers three core services: Paycor Marketplace wit

Oct 29, 2024
Company News

Workday Named a Leader in 2024 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Ninth Consecutive Year

Workday has been recognized as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for the ninth consecutive year, noted for its ability to execute and innovate. Workday’s AI-powered Illuminate platform enhances workforce management

Oct 28, 2024
Product News

SAP SuccessFactors Second Half 2024 Product Release: Embedding AI Across SAP SuccessFactors HCM

The SAP SuccessFactors 2H 2024 release brings over 250 innovative features, including 30 new AI capabilities designed to transform HR management. Key updates include enhanced AI-driven job recommendations, skills architecture creation, and

Oct 28, 2024
Venture Capital

Cascade AI Secures $3.75 Million in Funding Led by Gradient

Cascade AI has secured a $3.75 million seed investment, led by Google’s Gradient, to expand its personalized AI HR assistant designed for employee-specific HR inquiries. The investment will help Cascade AI scale and enhance its platform, en

Oct 25, 2024
Product News

empinfo Launches Industry-First Solution to Automate Employment Letter Generation for International Employees

empinfo, a leader in employment verification solutions, has introduced a new automated employment letter generation feature aimed at global HR operations. This industry-first solution, integrated into empinfo's platform, allows employers to

Oct 25, 2024
Earnings

TriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges

TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he

Oct 25, 2024
Earnings

ServiceNow Reports Q3 2024 Financial Results: 23% Subscription Revenue Growth, Total Revenue Reaches $2.797 Billion

ServiceNow exceeds guidance across all Q3 2024 topline growth and profitability metrics; raises 2024 subscription revenues guidance Subscription revenues of $2,715 million in Q3 2024, representing 23% year‑over‑year growth, 22.5% in constan

Oct 23, 2024
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