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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300HireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, value
EarningsKelly Services Inc (KELYA) Reports Q4 Earnings: Adjusted EBITDA Margin Expands Amidst Flat Revenue
Kelly Services Inc (KELYA) announced its Q4 financial results, highlighting stability with flat revenue at $1.2 billion and significant improvements in profitability. Operating earnings surged by 59% to $7.3 million, and net earnings showed
Company NewsJob Mobz Announces Hiring Matt Charney as New Editor-in-Chief
Job Mobz, a prominent global recruitment firm, has recently announced the appointment of Matt Charney as Editor-in-Chief following its acquisition of Recruiter.com. This strategic move aims to reinvest in and reposition Recruiter.com as an
Company NewsFama Technologies Announces Groundbreaking "TikTok Screening" Feature in its Modern Candidate Screening Solution
Fama Technologies has introduced a groundbreaking "TikTok as a Source" feature for modern candidate screening, leveraging AI to analyze TikTok's publicly available video content. This innovative tool focuses on identifying critical miscondu
Venture CapitalHiBob Acquires UK Payroll Automation Platform Pento
HiBob announces its strategic acquisition of Pento, a leading UK-based cloud payroll automation platform, marking a significant step towards enhancing its 'all-in-one' modern human capital management offering. This move, aimed at integratin
Company NewsRecruit Holdings Q3 Financial Report: Navigating Challenges with Strategic Precision
Recruit Holdings Co. Ltd., a leading global staffing firm, faced a slight revenue decline in Q3 FY2023, with total revenue at approximately USD 5.8 billion, a 1.5% decrease year-over-year. This dip, adjusted to 4.5% excluding currency benef
Product NewsSmartRecruiters Unveils Next-Gen SmartRecruiters Marketplace
SmartRecruiters announces the launch of its updated Marketplace, a cutting-edge hub designed to empower companies in creating their ideal recruitment ecosystem. With over 600 technology and 60 service partners, it stands as the most compreh
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
Product NewshireEZ Launches CRM Platform to Empower TA Leaders and Recruiters
hireEZ has announced the launch of hireEZ 2 , marking a significant evolution from its original AI candidate sourcing solution to a comprehensive Candidate Relationship Management (CRM) platform. Designed by recruiters for recruiters, hireE
Company NewsFountain Ushers in a New Era of Workforce Management with the Launch of Fountain Onboard and Fountain Compliance
Fountain introduces Fountain Onboard and Fountain Compliance, AI-driven solutions transforming workforce management for frontline workers. These platforms streamline onboarding and compliance, enhancing efficiency, engagement, and retention
Company NewsBambooHR® Expands All-In-One HRIS With New Employee Community and Total Rewards
BambooHR®, a leader in cloud-based human resource solutions, has unveiled two innovative tools: Employee Community and Total Rewards. These offerings aim to revolutionize internal communication and compensation understanding within organiza
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 NewsModern HR Software Solutions Introduce New Features to Enhance Workplace Efficiency in 2024
New AI-powered applicant tracking, precise geofencing, advanced insights, time-saving documentation, and payroll integration MIAMI , Jan. 30, 2024 With the New Year underway, many businesses are reevaluating their HR software solutions to
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
Company NewsSmartRecruiters Unveils Suite of Product Updates to Bolster Recruiting Experience
SmartRecruiters, a comprehensive hiring platform, announced its Q4 Release, bringing substantial enhancements to transform the talent acquisition landscape. Led by Rebecca Carr, the Chief Product Officer, the update focuses on agile collabo
Company NewsiMocha introduces an advanced AI-Skills Match Engine to simplify Talent Acquisition
iMocha has unveiled an innovative AI Skills Match Engine, revolutionizing the talent acquisition process. This advanced tool leverages artificial intelligence to streamline recruitment, offering a more efficient and accurate approach to eva
Venture CapitalDailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
DailyPay, a New York City-based company specializing in on-demand pay solutions, has successfully raised over $175 million through a mix of debt and equity funding. This substantial financial injection includes $100 million in increased sec
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 CapitalAya Healthcare's Bold Leap: Acquiring UK's ID Medical to Revolutionize Global Healthcare Staffing
Aya Healthcare , a major player in US healthcare staffing, has marked a significant expansion by acquiring ID Medical, a key healthcare service provider in the UK. This strategic move, led by Aya's President and CEO, Alan Braynin, aims to f
Product NewsIndeed Introduces Specialist Media Networks, Helping Employers Reach More Skilled Professionals Across Industry-Specific Sites to Hire for Hard-to-Fill Roles
Indeed introduces Specialist Media Networks to streamline the hiring process for difficult-to-fill roles in specific industries. This innovative approach involves distributing job advertisements across industry-specific websites, targeting
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
ColumnUKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces
AI-powered HCM suite built with the world’s largest collection of people, work, and culture data transforms the employee experience. LOWELL, Mass. & WESTON, Fla. UKG , a leading provider of HR, payroll, workforce management, and culture sol
Venture CapitalMercor Secures $3.6M in Funding, Unveils AI-Powered Talent Matching Platform
In a remarkable leap forward in the recruitment technology sector, Mercor has announced a significant milestone, securing $3.6 million in funding. The round, led by General Catalyst, saw participation from notable investors including Scott
Product NewsPerformYard Secures $95M for Revolutionary Staff Performance Tools
PerformYard, a staff performance management platform, recently raised $95 million in funding led by Updata Partners. Founded by Ben Hastings and Jon Malpass, PerformYard provides tools for employee reviews, goal setting, and feedback, integ
Company NewsFlexJobs Announces Top 100 Companies to Watch for Remote Jobs in 2024
The FlexJobs 2024 report highlights the top 100 companies leading in remote job opportunities. Emphasizing the continued growth and appeal of telecommuting, this comprehensive list showcases companies across diverse industries. It reflects
Product NewsSterling to Offer Market Leading Clinical Solutions Through Acquisition of Vault Workforce Screening
Sterling Check Corp (NASDAQ: STER), a distinguished leader in background screening and identity services, has strategically acquired Vault Workforce Screening, a prominent U.S. clinic management platform. This acquisition not only expands S
Venture CapitalDutch Innovation Unleashed: Bubty Secures €1.75M Seed Funding for Its White-Label Freelance Management Platform
Dutch startup Bubty , specializing in freelance workforce management, has secured a €1.75 million seed investment to bolster its innovative, white-label external workforce technology. This platform enables companies to build custom talent p
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
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 CapitalBeqom Acquires PayAnalytics: Pioneering the Future of Pay Equity and Total Compensation
Beqom, a leader in compensation and performance management, acquires PayAnalytics, a pioneer in pay and workplace equity software. This strategic move responds to the increasing demand for pay equity and transparency, combining advanced pay
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