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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Paycom Software, Inc. Reports First Quarter 2023 Results
First Quarter Revenues of $452 million, up 28% from the comparable prior year period First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share First Quarter Non-GAAP Net Income of $143 mil
Venture CapitalAI-powered Simpplr Secures $70M in New Funding to Deliver Personalized Employee Experiences that Generate Real Business Impact
Redwood City, CA – May 2, 2023: Simpplr , the leading AI-powered employee experience platform, today announced it has secured $70M Series D funding. The investment was led by Sapphire Ventures with participation from existing investor Norw
Product NewsTriNet Announces First Quarter 2023 Results, 2% Growth in Total Revenues to $1.2 Billion
6% Growth in Professional Service Revenues to $205 million 2% Growth in Total Revenues to $1.2 billion Net Income per Diluted Share of $2.17 and Adjusted Net Income per Diluted Share of $2.49 TriNet Group, Inc. (NYSE: TNET), a leading pro
ColumnLINKEDIN REVENUE UP 10% IN FISCAL Q3 AS MICROSOFT CEO REPORTS RECORD ENGAGEMENT
LinkedIn revenue rose 10% in constant currency to more than $3.70 billion; the increase was 8% on a reported basis. Microsoft Corp., which owns LinkedIn, reported earnings on Tuesday for its fiscal third quarter ended March 31. “We once aga
Company NewsADP Reports First Quarter Fiscal 2023 Results
ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2023 financial results along with its revised fiscal 2023 outlook through an earnings releas
Venture CapitalTEXAS-BASED BGSF ACQUIRES TENNESSEE-BASED IT STAFFING AND SOLUTIONS FIRM ARROYO CONSULTING
BGSF Inc. (NYSE: BGSF), a Plano, Texas-based staffing firm, acquired Arroyo Consulting , an IT staffing and solutions firm headquartered in Nashville, Tennessee. Arroyo Consulting had revenue of approximately $16.2 million in fiscal yar 202
Venture CapitalBelgian Startup Whale Raises 2.5 Million Euros To Boost Knowledge Sharing And Employee Training For Companies Worldwide
Belgian SaaS tech company Whale announced a 2.5 million Euros raise from existing investors Volta Ventures and Peak to allow companies to turn their process and SOP documentation into a channel for employee training and growth. The fundin
Venture CapitalAlku, an Andover. Mass.-based specialty staffing firm, Receives Majority Investment from New Mountain Capital
Alku , an Andover. Mass.-based specialty staffing firm, received a new majority investment of an undisclosed amount. New Mountain Capital made the investment alongside FFL Partners, WestView Capital Partners, ALKU Founder & CEO, Mark Eldrid
Company NewsQualtrics Announces First Quarter 2023 Financial Results, Total Revenue Up 22% Year Over Year to $409.8M
• Q1 2023 total revenue of $409.8M, up 22% year over year • Q1 2023 subscription revenue of$339.8M, up 21% year over year • Total remaining performance obligations of $2,135.1M, up 21% year over year • Next 12 months remaining performance o
Product NewsManpowerGroup Reports 1st Quarter 2023 Result
Revenues of $4.8 billion (-8% as reported, -2% constant currency (CC)) Gross profit margin of 18.2%, up 80 basis points year over year reflecting continued strong pricing discipline and increased outplacement activity in Right Management Ma
Venture CapitalTalent Screening Provider Fama Acquires California-based Social Intelligence to Deliver Most Comprehensive Online Screening Solution for Helping Employers Hire Quality Candidates
APRIL 18, 2023/--Today, Fama , the innovator in online screening that makes hiring great people easy, is announcing the strategic acquisition of Social Intelligence to help companies mitigate workplace misconduct and grow their teams wit
Venture CapitalCHICAGE-BASED PROMAN ACQUIRES PENNSYLAVNIA-BASED STAFFING FIRM PEOPLESHARE
Staffing Powerhouse Expands Reach to Mid-Atlantic with Fourth Acquisition NORTHBROOK, ILLINOIS (APRIL 6, 2023) — PROMAN , a leading staffing firm for the light industrial and construction industries based in the Chicago suburb of Northbrook
Company NewsMedallia the global leader in Customer and Employee Experience, Earns Fair Pay Workplace Certification
MARCH 30, 2023/-- Medallia the global leader in customer and employee experience, announced that it has been certified by Fair Pay Workplace (“FPW”) for its effort to create sustainable fair pay in the workplace. Built by leading independe
Company NewsGrant Weinstein joins Performio as Head of Sales, APAC
MARCH 30, 2023/-- Performio , a leading incentive compensation management (ICM) provider, announced today Grant Weinstein , has started his position as Head of Sales, APAC. In this role, Grant's extensive enterprise technology and data ana
Venture CapitalLondon-based Pearson Closes Acquisition of PDRI
Acquisition to significantly expand Pearson’s services to U.S. Federal Government March 23, 2022, London – Pearson today announces it has completed the acquisition of Personnel Decisions Research Institutes, LLC (‘PDRI’), a trusted pro
Company NewsIndeed, an American worldwide employment website, Lays Off 2,200 Workers Globally
MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo
Company NewsBeisen, China's Leading Cloud HCM Provider, Passes HKEX Hearing, Preparing for Main Board Listing
March 20, 2023 - Beisen Holding Limited ("Beisen"), a Beijing-based company, announced that it has successfully passed its listing hearing on the Hong Kong Stock Exchange (HKEX). Following the hearing, the company unveiled its prospectus an
Company NewsHireQuest Reports Financial Results for Fourth Quarter 2022
Q4 2022 Royalty Revenue Grows 26.4% YoY to $7.7 million Q4 2022 Net Income from Continuing Operations Increases 21.0% YoY to $2.6 million GOOSE CREEK, SC / ACCESSWIRE / March 16, 2023 / HireQuest, Inc. (Nasdaq:HQI), a national franchisor o
Venture CapitalAG5 raises €6 million from Headline, Peak to save the manufacturing industry from Excel
AMSTERDAM , March 14, 2023 / -- AG5 , the SaaS platform used to map and track employees' skills and qualifications, has raised €6 million in a new round of investment. Last year, the company received €1.2 million from tech investor Peak. S
EarningsDocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products
DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO , March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce
Company NewsKorn Ferry Announces Third Quarter Fiscal 2023 Results of Operations
Korn Ferry reports fee revenue of $680.8 million in Q3 FY’23, essentially flat (increase of 4% at constant currency) from Q3 FY’22. Net income and adjusted net income attributable to Korn Ferry were $11.2 million and $53.0 million in Q3 FY’
Venture CapitalMercer acquires Leapgen, furthering investment in digital HR strategy market
Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran
AcquisitionSterling Expands Through Acquisition of A-Check Global
NEW YORK — Sterling Check Corp. (NASDAQ: STER), a leading global provider of background screening and identity services, today announced that it has acquired A-Check Global in a highly complementary deal that will expand Sterling’s presen
Venture CapitalAnalytics Automation Platform Savant Labs Secures $11M Funding to Ease Operational Analytics with Drag-and-Drop No-code, Low-code Analytics Automation
Fueled by the investment, Savant Labs Innovates on Self-service Analytics Automation in the Cloud with a Unique Drag-and-Drop No-code, Low–code Approach SAN MATEO, Calif , March 1, 2023 -- Savant Labs ( savantlabs.io ), the automation plat
EarningsThe Adecco Group: Q4 & Full Year 2022 Results, Fourth Quarter Revenues Up 5% Year Over Year to € 6.212 Billion
ZURICH , Feb. 28, 2023 -- The Adecco Group , the world’s leading talent advisory and solutions company, announced the fiscal 2022 fourth quarter and full year 2022 Results. Q4 HIGHLIGHTS Revenues +13% reported, +5% yoy organic TDA; up in a
Venture CapitalInsurance AI Leader EvolutionIQ's Funding Total Rises to $33.1M With Series B Round While Valuation Passes $200M
With recurring revenue tripling for the 3rd consecutive year, the leader in AI-powered Claims Guidance caps its latest funding round at $7 million Company's value effectively doubles despite the tech sector's ongoing volatility Industry ado
ColumnWorkday Announces Fiscal 2023 Fourth Quarter and Full Year Financial Results, Fourth Quarter Total Revenues Up 19.6% Year Over Year to $1.65 Billion,
Fiscal Fourth Quarter Total Revenues of $1.65 Billion , Up 19.6% Year Over Year Subscription Revenues of $1.50 Billion , Up 21.7% Year Over Year 24-Month Subscription Revenue Backlog of $9.68 Billion, Up 21.3% Year Over Year Total Subsc
Venture CapitalFinch Closes $40M Series B Funding to Connect Disparate HR Systems with a Single API
Finch , a San Francisco, CA-based provider of an API for payroll, HRIS and benefits, today announced that it raised $40M in Series B round led by General Catalyst and Menlo Ventures , with participation from QED Investors, Altman Capital, a
EarningsSeek Announces Fiscal Year 2023 Half Year Results, Revenue up 21% Year over Year to Au$626.7 Million
Feb. 21, 2023 -- SEEK , a market leader in online employment marketplaces that span ten countries across Asia Pacific and Latin America, announced half year financial results for the fiscal year 2023. Highlights Half year revenue rose 21% y
EarningsAMN Healthcare Announces Fourth Quarter and Full Year 2022 Results, Revenue Falls 17% in Q4 with Decline in ‘Nurse and Allied Solutions,’ Revenue up in Other Segments
Quarterly revenue of $1.13 billion , 4% above high end of guidance; GAAP EPS of $1.88 and adjusted EPS of $2.48 DALLAS, Feb. 16, 2023 -- AMN Healthcare Services , Inc. (NYSE: AMN), the leader and innovator in total talent solutions for
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