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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Exectras' Game-Changing Moment: $30 Million Financing from Tacora to Boost SMB Services
Exectras , a prominent service provider for small and medium-sized businesses (SMBs), recently completed a significant debt financing deal with Tacora Capital, securing up to $30 million. This funding will drive the acquisition of merchant
Venture CapitalEvery.io Emerges with $9.5M Funding: A One-Stop Solution for Startup HR and Finance
Every.io, an innovative all-in-one back office stack for startups, has emerged from stealth with a significant milestone: securing $9.5 million in seed funding. The funding round, led by Base10 Partners, with contributions from Y Combinator
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
Venture CapitalFrench Startup Indy Clinches $44 Million in Series-C to Streamline Tax and Paperwork for Freelancers
Indy, a leading provider of an all-in-one application for independents, has successfully raised 40 million euros in a Series-C funding round led by BlackFin Capital Partners, La Maison, and iXO. This significant investment will enhance Indy
Company NewsGlobal Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology
Costa Coffee, a renowned global coffee chain, has significantly enhanced its store staffing efficiency by 65% through the adoption of UKG's AI-powered technology. This strategic move allows Costa Coffee to optimize labor allocation and make
Product NewsRemote Talent: Revolutionizing the Way We Connect with Global Workforces
Remote, a leader in managing globally distributed workforces, has launched a new marketplace, Remote Talent, to bridge the gap between employers and job seekers. Integrated with Remote’s global HR platform, this marketplace caters to both r
Company News3 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem
Product NewsADP and Convera Announce Strategic Collaboration Offering End-to-End Payroll and Payments Solutions
ADP, a global leader in human capital management solutions, and Convera, a prominent B2B payments Fintech, announced a strategic collaboration on November 14, 2023. This partnership aims to provide ADP clients with a comprehensive end-to-en
Company NewsUKG Aspire 2023: Caring for Your People Leads to Better Business Outcomes
Every person deserves to work at a great workplace. That was the resounding message this week at UKG Aspire in Las Vegas, where more than 5,000 UKG customers, partners, employees, and HR industry thought leaders and influencers gathered to
EarningsPaylocity Announces First Quarter Fiscal Year 2024 Financial Results
Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Venture CapitalSan Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service
Venture CapitalEspresa Raises $23 Million Series A Funding to Transform Personal Benefits for Global Workplaces
Espresa has successfully secured $23 million in Series A funding led by Clear Ventures, marking a significant milestone in the HR tech space. The funding aims to accelerate the expansion of Espresa's LSA Plus™ platform, a revolutionary pers
EarningsTriNet Announces Third Quarter 2023 Results
TriNet Group, a leading provider of human capital management solutions, has announced its financial results for Q3 2023. The company reported a slight decrease in total revenues and professional service revenues compared to the same period
Company NewsADP Launches First All-in-One HCM Solution for the Construction Industry
ADP has launched Workforce Now for Construction, a groundbreaking all-in-one Human Capital Management (HCM) solution tailored for the construction industry. This comprehensive platform addresses the unique challenges faced by construction f
Company NewsRevolutionize Your Workforce Data Management with ADP's API Central: The Future of Fast, Secure HCM Integration
ADP, a global leader in human capital management solutions, has introduced API Central—a platform designed to simplify, accelerate, and secure the integration of workforce data across HR and business systems. The platform offers standard AP
Product NewsG-P Unveils AI-Enabled Tools for Smarter Global Expansion and Hiring
G-P (Globalization Partners) , the pioneer and recognized leader in the global employment industry, known for setting the standard in global employment compliance, today at the HR Technology Conference & Exposition ® announced first-of-the
Venture CapitalADP Launches ADP Ventures,A Game-Changer in Human Capital Management?
ADP, a global leader in human capital management solutions, has announced the launch of its corporate venture capital arm, ADP Ventures. The new venture aims to invest in early-stage tech startups that align with ADP's innovation strategy.
ColumnWorkday and ADP Strengthen Partnership to Revolutionize Global Payroll and HR
Workday and ADP have announced an extended partnership aimed at providing a frictionless global payroll, compliance, and HR experience for their joint customers. This deeper collaboration builds on a decade-long relationship and is designed
Product NewsLattice's New HRIS: A One-Stop Solution for Modern HR Teams
Founded in 2015, Lattice has been a trailblazer in the realm of people management software. Initially focusing on continuous performance management solutions, the San Francisco-based company has since broadened its offerings to include empl
Venture CapitalZayZoon Raises $34.5 Million in Series B Funding to Expand EWA, Employer Engagement Platform
PHOENIX-- ZayZoon , the Earned Wage Access (EWA) provider for small and mid-sized businesses, has raised $34.5 million USD in debt and equity for its Series B financing. The round was led by Framework Venture Partners, with co-investment fr
Company NewsTrueBlue Automates Finance and HR with Oracle Fusion Cloud Applications
Oracle CloudWorld, Las Vegas— TrueBlue , a leader in specialized workforce solutions, has achieved a 40 percent return on investment (ROI) since implementing Oracle Fusion Cloud Applications Suite. With Oracle Fusion Cloud Enterprise Resour
Venture CapitalJustworks Announces Merger Agreement to Acquire Via, an International Employment Platform, to Accelerate its Global Solutions for Small Businesses
NEW YORK, – Justworks, Inc. (“ Justworks ”) today announced that it has entered into a definitive merger agreement with Via Global Ventures, Inc. (“ Via ”) under which Justworks will acquire Via, an international employment platform. With
Venture CapitalLumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round
SARATOGA, Calif. -- Lumber , creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding. With its fully integrated, purpo
Venture CapitalB2B Fintech Purchasing Power Lands $177M Debt Financing
Purchasing Power, which links employees and companies to provide flexible purchasing benefits, has secured $177M credit facility. This financing underscores investors' confidence in its platform that enables employees to buy electronics and
Company NewsPapaya Global Amplifies U.S. Workforce Capabilities with Comprehensive Payroll and EoR Solutions
With this expansion, Papaya Global provides a complete suite of solutions including Payroll, EoR and PEO, to drive growth by enabling global organizations to hire confidently in the US market TEL-AVIV, Israel , Sept. 12, 2023 - Papaya Glo
Company NewsPapaya Global and HiBob Team Up to Integrate HR and Payroll Management for Multinational Businesses
LONDON and TEL AVIV, Israel -- HiBob , the company behind Bob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global , the only dedicated payroll and payments platform for global workforces, annou
Company NewsProlucent And UKG Announce Technology Integration Partnership
DALLAS — Sept. 6, 2023 — Prolucent Health ®, a leading provider of enterprise-wide healthcare workforce optimization software and services, today announced a new technology partnership with UKG , a leading global provider of HR, payroll,
Company NewsPaychex Announces Efrain Rivera Plans to Retire as CFO
ROCHESTER, N.Y.-- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chi
Company NewsWorkstream Launches HR Management Platform for the Hourly Workforce to Streamline Back-Office and Team Operations
In a move to revolutionize HR management for the hourly workforce, Workstream has rolled out a comprehensive suite of team management products. Tailored for the quick-service restaurant industry and other sectors reliant on hourly workers,
Venture CapitalHowdy.com Acquires Brazilian Talent Marketplace, GeekHunter, As Demand for AI Engineers Increases
AUSTIN, Texas -- Howdy.com , a talent sourcing and management provider that connects U.S. companies with Latin American (LATAM) tech workers, announced the acquisition of GeekHunter , one of the largest and most reputable talent marketplac
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