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Venture Capital

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
Column

Workday Hiring Trends Report: The “Big Stay” Is Poised to Become the “Big Leave”

Metrics from Workday customers indicate the hiring slowdown may be coming to an end. We explore how that impacts organizations’ talent strategies and why that makes “retaining” the new “recruiting.” Trends in hiring reflect more than the st

Apr 8, 2024
Company News

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
Venture Capital

Wellfound Acquires Celential.ai: A Game-Changer for the Recruitment Industry

Wellfound announces its acquisition of Celential.ai , marking a significant stride in revolutionizing recruitment. Celential.ai, known for its innovative AI recruiting tool, has transformed the hiring landscape for startups by streamlining

Apr 4, 2024
Venture Capital

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
Column

ADP National Employment Report: Private Sector Employment Increased by 184,000 Jobs in March; Annual Pay was Up 5.1%

ROSELAND, N.J. ,  April 3, 2024   -- Private sector employment increased by 184,000 jobs in March and annual pay was up 5.1 percent year-over-year, according to the March ADP ®  National Employment Report™  produced by the ADP Research Inst

Apr 3, 2024
Venture Capital

Seso Closes $26M Series B to Build Critical Software for American Farmers

Seso , an agricultural workforce management platform, announced a $26M Series B funding round led by BOND, with contributions from Index Ventures, NFX, SV Angel, and others, including customer participants. Seso aims to revolutionize farm l

Apr 2, 2024
Company News

Employ Inc. Ushers in Next Growth Phase with Technology Veteran Steve Cox as CEO

Employ Inc., a comprehensive talent acquisition technology provider and the umbrella company for JazzHR, Lever, Jobvite, and NXTThing RPO, has appointed Steve Cox as its new CEO starting April 1, 2024. With over 25 years of leadership in bu

Apr 1, 2024
Company News

Workday Announces Completion of HiredScore Acquisition: A New Chapter in AI-Driven Talent Solutions

Workday has finalized its acquisition of HiredScore, a leader in AI-driven talent solutions, marking a significant advancement in HR technology. This merger enhances Workday's suite of talent acquisition and mobility services by incorporati

Apr 1, 2024
Company News

Voiceitt puts its AI to work, making the remote workplace inclusive

Voiceitt , an Israel-based innovator in speech recognition technology, partners with Virtualahan, a Philippine organization focused on training and employing people with disabilities. Together, they aim to tackle the global challenge of dis

Apr 1, 2024
Venture Capital

Metaview's Game-Changing $7M Series A: Pioneering the Future of AI-Driven Hiring

Metaview , an innovative startup, has raised $7M in Series A funding led by Plural, with participation from notable investors and angels. Since its 2018 inception, Metaview has aimed to transform the hiring process by leveraging unstructure

Mar 29, 2024
Venture Capital

Borderless AI Launches from Stealth with $27M Investment to Bring World's First AI Agent to HR Space

Borderless AI, an AI-powered startup, has emerged from stealth with a $27 million seed investment aimed at revolutionizing the HR industry. The company specializes in developing AI agents designed to automate and streamline the process of o

Mar 21, 2024
Company News

Cielo Debuts First Generative AI for Talent Acquisition: CLO.ai

Cielo , a global leader in Talent Acquisition, has introduced the first Generative AI for talent acquisition, CLO.ai. This tool is built on responsible AI principles, enhancing hiring by providing fast, better outcomes while maintaining can

Mar 19, 2024
Venture Capital

ServiceNow Announces Acquisitions of 4Industry and EY Smart Daily Management Application to Drive Innovation for Smart Industrial Environments and Connected Workers​

ServiceNow, a leader in digital workflows, has announced the acquisition of 4Industry and Smart Daily Management from EY, bolstering its operational technology management capabilities. This strategic move enhances ServiceNow's offerings wit

Mar 18, 2024
HR Technology

Birth of the First AI Engineer: How Devin is Redefining the Software Industry

In the cutting-edge realm of artificial intelligence and software development, a revolutionary milestone has been reached with the introduction of Devin, the world's first fully autonomous AI software engineer. Created by the innovative min

Mar 13, 2024
Product News

Sapia.ai Unveils SAIGE™: A world-first Gen AI-powered conversational intelligence engine for talent management

Sapia.ai has launched SAIGE™, an innovative generative AI model transforming global workforce management. By leveraging a unique large language model developed over six years, SAIGE™ conducts blind chat interviews to evaluate candidates, of

Mar 13, 2024
Product News

iCIMS Launches New GenAI-Powered Recruiting Assistant, Advancing its Longstanding Artificial Intelligence Program

iCIMS has launched a new generative AI-powered recruiting assistant, iCIMS Copilot, enhancing its Talent Cloud with next-generation job site integrations and other improvements. This release aims to provide talent acquisition teams with bet

Mar 13, 2024
Product News

Ontop's New Employee Cost Calculator Empowers Global Companies to Save Big on Hiring Expenses

Ontop, a YCombinator-backed startup established in 2020, offers innovative Employee of Record (EOR) services designed to help global companies reduce hiring expenses significantly. With its latest tool, the employee cost calculator updated

Mar 11, 2024
Company News

Creating the Future: Conversational AI Innovator Paradox Promotes Industry Leader Adam Godson to CEO

Paradox , a leader in HR and recruiting through Conversational AI technology, has promoted Adam Godson to CEO, with founder Aaron Matos transitioning to Executive Chairman. The company, known for its significant growth and innovative produc

Mar 11, 2024
Company News

hireEZ:What is ai for recruiting and will it replace recruiters?

Unveiling AI Recruiting: Your Friendly Sidekick in the Hiring World In a world where tech lingo seems to evolve faster than we can say “algorithm,” there's a buzzword that's been making waves in the recruiting realm: AI recruiting. But what

Mar 8, 2024
Venture Capital

HR Solution Remofirst Raises $25 Million Series A Funding to Make it Affordable and Easy to Employ Global Remote Teams

Remofirst , a leading HR tech platform specializing in global employment and compliance solutions, has successfully raised $25 million in a Series A funding round. The funding was led by Octopus Ventures, with contributions from existing in

Mar 6, 2024
Company News

First Advantage Reports Full Year and Fourth Quarter 2023 Results

First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the

Feb 29, 2024
Venture Capital

Deel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy

Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De

Feb 28, 2024
Venture Capital

Workday Announces Intent to Acquire HiredScore

Workday, Inc. has announced the acquisition of HiredScore, a leading provider of AI-powered talent orchestration solutions. This acquisition aims to merge Workday's Talent Management and Skills Cloud with HiredScore's solutions to offer a c

Feb 26, 2024
Company News

HireRight Launches Virtual I-9 Solution

HireRight  Holdings Corporation introduces its Virtual I-9 Service, a revolutionary solution allowing employers to remotely verify candidates' identity and employment authorization documents through live video calls. This service, developed

Feb 26, 2024
Earnings

ZipRecruiter's 2023 Financial Triumph: Achieving $49 Million Net Income and $175 Million Adjusted EBITDA in a Challenging Market

ZipRecruiter, a leading online employment marketplace, announced its financial outcomes for Q4 and the entirety of 2023, highlighting resilience amidst a sluggish hiring environment. The company reported a net income of $49 million and an A

Feb 22, 2024
Venture Capital

Bridging the Gap: HelloHive Secures $3.4M Series A to Empower Underrepresented Job Seekers

HelloHive, securing a $3.4 million Series A funding, is spearheading a revolution in the hiring process by emphasizing talent and potential over traditional metrics like education and past employment. Founded by Byron Slosar, HelloHive aims

Feb 22, 2024
Earnings

TrueBlue Reports Fourth Quarter and Full-Year 2023 Results

TrueBlue , a leading provider of specialized workforce solutions, announced its fourth quarter and full-year results for 2023, highlighting a decrease in revenue by 12 percent to $492 million for the quarter and a 15 percent decrease to $1.

Feb 21, 2024
Venture Capital

Podium Education Acquires Untapped, The Early Career Talent Platform For Top Companies, To Close The College-to-Career Gap

Podium Education, a leading experiential education company, has acquired Untapped, a comprehensive early career talent platform, marking a significant expansion in their mission to bridge the gap between academic learning and real-world pro

Feb 20, 2024
Column

Workday:Using AI to Empower an Augmented Workforce

This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centr

Feb 20, 2024
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