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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300UKG Launches Global Innovation Hub in Bulgaria
UKG Inc., a leading provider of HR, payroll, workforce management, and culture solutions, has announced the opening of its new Global Innovation Hub in Bulgaria, aiming to accelerate the delivery of solutions that foster great workplace exp
Venture CapitalColossyan's Strategic Leap: Pioneering the Future of AI-Driven Corporate Learning with $22M Series A Funding
Colossyan , a Hungarian-founded, UK-based startup, has successfully raised $22 million in Series A funding, led by European VC firm Lakestar, to advance its AI-driven video production platform. This technology, designed to transform digital
NewsHireAra Secures £450k to Transform Recruitment with AI-Powered Platform
HireAra , a recruitment tech startup, has successfully raised £450k in a Seed funding round for its innovative AI-powered candidate presentation platform. This platform revolutionizes the recruitment process for agencies by enhancing candid
Company NewsADP® Assist with Generative AI Features Makes HCM Decisions Easy, Smart and Human
ADP, a global technology company specializing in human capital management (HCM) solutions, has unveiled ADP Assist, a cross-platform solution powered by generative AI (GenAI). This innovative tool enhances HR productivity, aids in data-driv
Company NewsADP's Fiscal 2024 Q2 Report: A Financial Deep Dive into $4.7 Billion Revenue and Earnings Surge
ADP , a global leader in human capital management solutions, reported a 6% revenue increase in the second quarter of fiscal 2024, reaching $4.7 billion. The growth, consistent in organic constant currency, reflects the company's robust fina
Company NewsFiverr’s Winter Product Release: Packed With New Features to Keep Businesses and Freelancers Ahead of The Game and Introducing Fiverr Agencies
Fiverr's Winter Product Release in 2024 marks a significant step in its evolution, introducing pivotal upgrades influenced by 14 years of community feedback. Key highlights include a Consulting Category for expert guidance, Fiverr Agencies
Product NewsTop 10 HRTech & Future of Work Conferences 2024: Must-Attend HR Events Guide
In the fast-evolving HR landscape, attending conferences is crucial for professionals keen on staying abreast of new trends, networking, and exploring the latest technologies. To assist you in selecting the most impactful events, we've comp
Venture CapitalZvoove acquires Planbition, the leading SaaS workforce management and planning platform for the temporary staffing industry
Zvoove , a prominent European software provider for temporary staffing and cleaning sectors, has acquired Planbition, a leading Dutch cloud-based workforce management solution. Planbition, known for its flexibility, serves top clients world
Company NewsJeremy Friedman Appointed as HireVue CEO to Lead Next Phase of Growth
HireVue , a global pioneer in Human Potential Intelligence, embarks on a new chapter with the appointment of Jeremy Friedman as CEO. Friedman, with a rich background in educational technology, notably as co-founder and CEO of Schoology, bri
Venture CapitalRemuner, a Barcelona Startup, Secures €2M Funding to Transform Variable Compensation Management with AI
In a remarkable stride for the HR technology sector, Barcelona's emerging AI startup, Remuner , has successfully closed a €2 million Pre-Seed funding round. This significant milestone, led by the Silicon Valley-based fund Pear VC, comes mer
Company NewsPaylocity: Pioneering AI Integration in Cloud-Based HR Solutions
Paylocity , a prominent player in cloud-based HR and payroll software, is revolutionizing the HCM industry with its advanced AI capabilities. The latest enhancements focus on optimizing workforce schedules, creating tailored learning plans,
Company NewsWorkleap: Pioneering AI in Talent Management for a Revolutionary Employee Experience
Workleap, a leader in employee experience software, has integrated advanced AI capabilities across its product suite, including Officevibe, Onboarding, and Skills. This strategic move addresses the increasing demand for innovation in talent
Company NewsADP appoints Thomas J. Lynch as the new Independent Board Chair
Carlos Rodriguez to continue as member of ADP Board of Directors ROSELAND, N.J. , Jan. 10, 2024 ADP , a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors ap
Product NewsBullhorn Acquires Mployee to Help Recruitment Agencies Accelerate Their Digital Transformation Journey
Bullhorn , a global leader in software for the staffing and recruitment industry, has acquired Mployee, a Netherlands-based company specializing in Salesforce-based solutions for recruitment agencies. This strategic move aims to accelerate
Venture CapitalVestwell's Series D Success: Paving the Future of Fintech with $125 Million
Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major
Venture CapitalIntelliBoard Secures New Funding to Accelerate Growth and Help Organizations Improve Learning Outcomes
IntelliBoard, a prominent provider of learning analytics, has successfully secured new funding led by Advantage Capital and Connecticut Innovations. This strategic investment aims to propel IntelliBoard's growth and enhance learning outcome
Product NewsPaychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana
Venture CapitalCareerFairy's Innovative Leap: Securing Multimillion-Euro Investment for Gen Z Recruitment Revolution
CareerFairy , a trailblazing video recruiting platform based in Zurich, Switzerland, has secured a multimillion-euro investment to revolutionize the job search for Generation Z. Spearheaded by European media giant Mediahuis, alongside notab
Product NewsOyster Unveils SAGE: The Future of Global Employment Automation
Low-code platform SAGE “softwarizes” knowledge, automating the entire employment lifecycle SAGE powers Oyster Intelligence, ensuring compliant and competitive employment across 180 countries Oyster's new platform, SAGE, revolutionizes globa
Venture CapitalLisbon's Paynest Secures €2M for Pioneering Employee Financial Solutions
Paynest , a Lisbon-based financial wellbeing platform for employees, has recently secured a €2 million seed investment to fuel its European expansion. Led by Lince Capital, with contributions from BlueCrow Capital and others, this investmen
ColumnADP Named Market Leader in Global Payroll by Everest Group, NelsonHall and Ventana Research
Three Major Industry Analyst Rankings Highlight ADP's Strengths in Geography, Technology, Customer Experience and Analytics ROSELAND, N.J. , Dec. 13, 2023 In three separate recent reports by leading industry analysts, ADP was recognized a
Product NewsUpwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy
The "Freelance Forward: 2023" report by Upwork reveals a significant shift in the U.S. labor market towards freelancing. With 64 million Americans, or 38% of the workforce, now freelancing, the sector contributes $1.27 trillion annually to
Product NewsCheckr's Strategic Expansion: Launching Pay and Onboard for Enhanced Flexible Workforce Management Beyond Background Checks
Checkr, a leading HR technology company, has announced a significant expansion with the introduction of Checkr Pay and Checkr Onboard. These innovative solutions are designed to streamline payment and onboarding processes for the rapidly gr
Venture CapitalLondon-based Harriet raises $1.5 million to revolutionise HR with full-stack AI solution
Harriet , a U.K.-based HRtech company, has recently secured $1.5 million in pre-seed funding led by Concept Ventures. The investment, with contributions from Notion Capital, Frontline Ventures, and Portfolio Ventures, aims to enhance Harrie
Venture CapitalElatra: Revolutionizing Tech Industry with $200K Funding
Elatra, a California-based digital coaching platform, has secured $200K in funding. Led by CEO Natalia Drogolchuk, the company aims to revolutionize tech business coaching with a focus on enhanced user experience and personalized tools, eye
Product NewsRecruitment Trends 2024: Maximizing Opportunities for Recruiters and Sourcers
This article delves into the key recruitment trends anticipated for 2024, emphasizing the growing significance of technology and data-driven approaches in the field. It underlines the increasing reliance on AI and automation for streamlinin
TopicsThe Silver Tsunami: Over 2.4 Million US Older Workers Eye Early Retirement Amid Skill Gaps
A new survey from Multiverse also reveals that 41% of these workers would be willing to remain active in the labor market if provided with better access to training NEW YORK , Dec. 7, 2023 /PRNewswire/ -- As a growing number of older work
Product NewsADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%
ROSELAND, N.J. , Dec. 6, 2023 Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November ADP ® National Employment Report™ produced by the ADP Research In
Product NewsWorkleap acquires US-based Pingboard, an employee experience SaaS company recognized for its industry-leading org chart and employee directory capabilities
After receiving a $125M CAD investment from CDPQ, Workleap made an acquisition to accelerate its growth strategy, increase market share and broaden product offerings. MONTREAL , Dec. 6, 2023 Workleap , a leading software company behind p
Venture CapitalCanadian AI-Powered Engagement Platform ThoughtExchange Lands $13.5M Equity Investment for Business Expansion
ThoughtExchange, a leading AI engagement and survey platform, recently secured a substantial $13.5M equity investment. This financial boost, led by InBC Investment Corp. along with various established investors, underlines the platform's in
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