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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Papaya Global Unveils Rapid Payroll Platform: Global Compliance in 4 Weeks!
Papaya Global is revolutionizing payroll and payments for multinational companies with its tech-first platform, capable of streamlining global payroll processes in just four weeks, a stark contrast to traditional methods that take years. By
Venture CapitalMilan-Based Skillvue Raises $2.8M to Lead Skills-Based Recruitment Revolution
Skillvue , an HR tech startup based in Milan, announced a $2.8 million funding round for its AI platform, which facilitates a skills-based approach in recruitment, talent development, and internal mobility. Founded in 2021 by Nicolò Mazzocc
Product NewsBerniePortal Introduces New Recruiting Feature to Empower Small Businesses in the War for Talent
BerniePortal has introduced a new Recruiting feature tailored for small businesses, designed to enhance their competitive edge in attracting top talent. This feature includes API integrations with major job boards like Indeed and ZipRecru
Venture CapitalDirectEmployers Acquires Equality Magazine’s Job Boards to Amplify Job Visibility & DEI Solution
DirectEmployers Association, a leader in OFCCP compliance and recruitment marketing, announced its acquisition of EqualityMagazines.com and its network of diversity-focused job boards, aiming to enhance job visibility and support inclusive
Company NewsBlink Announces Strategic Partnership with LineZero to Facilitate Meta Workplace Transition
Blink, a leading employee super-app, announced a strategic partnership with LineZero, a top provider of workplace community solutions and Meta Workplace's largest global partner. This collaboration aims to assist Meta Workplace customers in
Company NewsSmartRecruiters Appoints Rebecca Carr as Chief Executive Officer
Rebecca Carr has been appointed the new CEO of SmartRecruiters , bringing extensive experience from her decade-long tenure within the company, most recently as Chief Product Officer. She aims to propel the enterprise's talent acquisition te
Venture CapitalFleet Accelerates with $2.5M Seed Round: Driving the Future of Commuter Benefits
Fleet has announced the closure of its $2.5 million seed round led by Congruent Ventures, reaching a total of $5 million in venture capital. This funding supports Fleet's focus on enhancing its commuter benefits management platform, whic
Venture CapitalPangeam Secures $4.25 Million Seed Funding to Launch Revolutionary AI-Powered Workplace Analytics Platform
Pangeam has introduced an innovative enterprise B2B SaaS platform designed to enhance workplace environments through advanced social-spatial analytics. Leveraging anonymous AI sensing and deep learning, the platform offers insightful metric
Venture CapitalLightcast Acquires Talent Intelligence Provider Stratigens
Lightcast , a leader in global labor market data and analytics, has acquired Stratigens, a UK-based talent intelligence provider known for its data science expertise and innovative analytics. Founded by Alison Ettridge, Stratigens excels in
Company NewsAlight Names Dave Guilmette as Chief Executive Officer
Alight , Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transitio
Venture CapitalNYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments
Thera , a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll man
Company NewsWorkday Announces Fiscal 2025 Second Quarter Financial Results
Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased
Venture CapitalAvionté Fortifies Market Leadership with Strategic Acquisition of AkkenCloud
Avionté has acquired AkkenCloud , strengthening its leadership in the staffing software industry. This acquisition enables AkkenCloud clients to benefit from Avionté’s comprehensive enterprise staffing platform, which includes a full front
Product NewsThe Josh Bersin Company Launches HR Career Navigator: The World's First AI-Powered Development Coach for HR Professionals
The Josh Bersin Company has launched the HR Career Navigator™, the world’s first AI-powered development coach specifically designed for HR professionals. This platform leverages over 25 years of research combined with Eightfold’s Talent Int
Product NewsSense Launches Career Site Solution to Help Companies Improve Candidate Experience
Sense , a leader in AI-driven talent engagement solutions, has launched a new Career Sites product designed to enhance the hiring process, elevate employer branding, and improve the candidate experience. The platform allows companies to bui
Product NewsWorkday Announces Global Payroll Connect - One Solution to Manage All of an Organization's Payroll Needs
Workday has announced the launch of Global Payroll Connect, a comprehensive payroll solution designed to seamlessly integrate with payroll providers, streamlining the payroll experience for global organizations. This solution addresses a ke
Company NewsPaychex Launches Digital Employee Benefits Marketplace
Paychex has launched Paychex Flex® Perks, a digital marketplace offering a range of employee benefits tailored to today's diverse workforce. This integrated e-commerce platform allows employees to self-select benefits like early access to e
Company NewsUKG Wins Global Payroll Industry’s Top Honor
UKG has been named the 2024 Global Payroll Supplier of the Year by the Global Payroll Association for its innovative UKG One View solution, which simplifies multi-country payroll processes for global organizations. The award highlights UKG'
Venture CapitalCapitalize Secures $19M to Revolutionize 401(k) Rollovers with Digital Innovation
Capitalize , a platform that facilitates the digital transfer and management of retirement assets, announced the closure of a $19 million Series B funding round led by RRE Ventures. This investment will accelerate the adoption of their tech
Company NewsUpwork Shatters Financial Records with $22.2M Net Income in Q2 2024
Upwork Inc. (Nasdaq: UPWK), reported its financial results for Q2 2024, showcasing a robust performance with a record GAAP net income of $22.2 million and a 15% year-over-year revenue growth to $193.1 million. The company achieved a dilute
Company NewsmeQuilibrium Revolutionizes Employee Mental Well-Being and Productivity with Gen AI
meQuilibrium ( meQ ) has introduced a new AI-powered dashboard designed to support employee performance, engagement, and well-being by providing immediate, personalized interventions. Leveraging billions of unique cognitive and behavioral d
Company NewsPaylocity Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results
Paylocity announced strong financial results for Q4 and FY 2024, with notable increases in revenue and profitability. Q4 2024 saw a 16% rise in total revenue to $357.3 million and a 15% rise in recurring revenue to $324.7 million. For FY 20
Venture CapitalEma Secures $50M in Series A Funding to Revolutionize Workplace Efficiency with AI
Ema , a leading generative AI company, announced the increase of its Series A funding to $50M, bringing its total raised to $61M. The latest $36M addition was led by Accel and Section 32, with participation from several notable investors. E
Company NewsWorkday Transforms How Companies Hire and Manage Talent with New AI-Powered HR Solutions
Workday has announced the integration of HiredScore AI for Recruiting and Talent Mobility into its platform, aiming to boost recruiter productivity and streamline talent management. These AI enhancements will assist organizations in acceler
Venture CapitalWorkJam Announces $20 Million Investment from Export Development Canada to Expand International Operations
WorkJam , a global leader in digital frontline workplace solutions, has secured a $20 million investment from Export Development Canada to accelerate its growth in the EMEA region. This funding will support WorkJam's efforts to equip hourly
Venture CapitalTezi raises $9M to launch Max: the first fully autonomous AI recruiter
Tezi.ai an innovative startup, has raised $9 million in seed funding, led by 8VC and Audacious Ventures, to advance its autonomous AI agent for recruitment, named Max. This AI agent is designed to streamline the end-to-end hiring process, i
Company NewsUKG Names Jennifer Morgan as Chief Executive Officer
UKG, a leading provider of HR, payroll, workforce management, and culture solutions, has appointed Jennifer Morgan as its new CEO. Morgan, a former Co-CEO of SAP and a member of UKG's Board of Directors since 2021, succeeds Chris Todd, who
EarningsRobert Half Reports $68M Net Income in Q2 2024 Amid Macroeconomic Pressures
Robert Half Inc. reported its second-quarter financial results for 2024, revealing a net income of $68 million, or $0.66 per share, on revenues of $1.473 billion. This reflects a decrease from the same period in 2023, which saw a net income
Company NewsSalesforce and Workday Form Strategic Partnership, Unveil New AI Employee Service Agent
Salesforce and Workday have announced a strategic partnership to develop an AI-powered employee service agent that enhances productivity, lowers costs, and improves employee experiences. By integrating Salesforce's CRM data with Workday's H
ColumnNews Brief: Workday and SpringHill Debut Trailer of “UNTAPPED” Documentary, Streaming on Netflix This Fall
Workday, Inc., in partnership with The SpringHill Company, has unveiled the trailer for "UNTAPPED: Closing America’s Opportunity Gap." This documentary, produced by LeBron James and Maverick Carter and directed by Josh Kahn, follows six you
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