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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Skillit Secures $8.5M in Additional Funding to Solve Today's Skilled Labor Shortage for Leading Contractor Firms
NEW YORK—- Skillit , the data-driven recruiting platform for skilled, full-time construction labor, announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since
NewsUSCIS's New Form I-9 and Remote Verification Rule Effective August 1: A Significant Step Towards Digital Transformation in Employment Verification
This is a significant development that reflects the ongoing shift towards remote work and digital processes in the wake of the COVID-19 pandemic. The ability to conduct remote documentation and verification will likely streamline the hiring
EarningsKorn Ferry Announces Fourth Quarter and Full Year FY'23 Results of Operations
Los Angeles, CA, June 27, 2023 – Korn Ferry , a global organizational consulting firm, announced fourth quarter and annual fee revenue of $730.9 million and $2,835.4 million, respectively. In addition, fourth quarter diluted earnings per s
Company NewsWorkstream Launches First Multilingual AI Chatbot Built for Hourly Workforce Management
SAN FRANCISCO, July 18, 2023 - Workstream , the smart people management platform for the hourly workforce, announced today its new, groundbreaking multilingual and customizable AI chatbot, Workstream Assistant. As the flagship product in th
ColumnHow an Increasingly Competitive Job Market Is Impacting the Employee Experience in 2023
We're in a different labor market, with fewer job requisitions and increased competition among job seekers. Read on to learn how to attract top talent and cultivate higher levels of employee resilience in this new environment. Organizations
Company NewsUpwork Launches New Generative AI Tools and Services Hub, Creating Central Destination for Skilled AI Talent and Work
Generative AI-enabled experiences for talent and businesses on Upwork accelerate the movement towards AI-empowered workforces SAN FRANCISCO, Calif. - July 11, 2023 - Upwork (Nasdaq: UPWK), the world’s work marketplace, today announced a
Venture CapitalPerceptionPredict Announces Strategic Acquisition, Expands Footprint into SMB Market
PerceptionPredict , a pioneer in performance intelligence systems for enterprise talent acquisition teams is elated to announce the strategic acquisition of a renowned company specializing in applicant tracking workflow tools for small-to-m
Venture CapitalHireRight Acquires Majority Share of DTIS
Nashville, Tenn. — July 6, 2023 — HireRight Holdings Corporation (NYSE: HRT), a leading provider of global background screening services and workforce solutions, today announced the acquisition of a majority share of Digital Trusted Ident
NewsSafeguard Global announces ChatSG, the first generative AI for the employer of record market
ChatSG delivers instant access to global HR and payroll insights and expertise AUSTIN, Texas— Safeguard Global , the leading provider of workforce enablement solutions, announced the launch of ChatSG, the world’s first generative AI technol
Venture CapitalTraydstream Accomplices With X0PA AI To Simplifies Its Hiring and Talent Acquisition Procedures
LONDON , July 3, 2023 -- Traydstream , a fast growing fintech company based in the United Kingdom , is pleased to deploy X0PA AI , a pioneering artificial intelligence solutions hiring platform. Through this partnership, Traydstream aims
Product NewsSilver Lake and CPP Investments Complete Acquisition of Qualtrics
Qualtrics, the leader and creator of the Experience Management (XM) software category, has announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with Canada Pension Plan Invest
Company NewsOracle Integrates Generative AI into Fusion Cloud HCM, Revolutionizing HR Processes and Productivity
Oracle has announced the addition of generative AI-powered capabilities to Oracle Fusion Cloud Human Capital Management (HCM). These new features aim to streamline HR processes, improve productivity and enhance experiences for candidates, e
Venture CapitalZenarate, an AI-powered Agent Coaching Platform, Raises $15M
PALO ALTO, Calif. and DENVER -- Zenarate , the leading natural language AI Simulation Training solution for customer and prospect-facing agents, today announced it closed a $15M funding round led by Boston -based growth equity firm, Vol
Company NewsRemote and Gusto launch global employment and compliance partnership for U.S. companies
Remote work was the beginning. Distributed work is the present — and the future — for businesses looking to hire the best people. Today, Remote and Gusto are establishing a new partnership to help SMBs in the United States access global tal
Venture CapitalTandym Group Acquires AETEA Information Technology
NEW YORK , June 21, 2023 -- Tandym Group ("Tandym"), a national consulting, recruitment, and workforce solutions company, announced today that it has acquired AETEA Information Technology ("AETEA"), a technology staffing company. Terms of
Venture CapitalVidCruiter Acquires Ingage Solutions
VidCruiter is proud to announce they’ve acquired Ingage Solutions! This represents an exciting step in expanding VidCruiter ’s interview intelligence in line with their mission of helping clients continue to find the best employees. They un
Venture CapitalAI Recruiting Chatbot Humanly Raises $12 Million to Help Fuel Growth of its AI-powered Software
Seattle startup Humanly which helps companies automate their recruiting functions, raised $12 million to help fuel growth of its AI-powered software, Geekwire is reporting. Customers use Humanly to screen job candidates, schedule interviews
Company NewsTriNet Launching Platform Enhancements to Meet Increased Complexities of Running a Small and Medium-Size Business
LAS VEGAS , June 12, 2023 -- Today at the SHRM (Society for Human Resource Management) Annual Conference and Expo 2023, TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesse
Company NewsBambooHR Innovates Employee Benefits Enrollment with Launch of New Administration Solution
BambooHR, the renowned provider of cloud-hosted HR software, has launched Benefits Administration, a new solution that aims to simplify benefits enrollment for many organizations. Integrated directly into the BambooHR platform, Benefits Adm
Venture CapitalComeet and Spark Hire Merge to Pioneer a New Era in Talent Acquisition Solutions: A Note from Comeet’s Founders
Comeet, a leader in collaborative recruitment software, and Spark Hire, a top-rated video interview platform, have announced a merger. The joint company will offer a comprehensive talent acquisition solution, including applicant tracking, c
Company NewsBeamery Announces Real-time Workforce Planning, Reinventing Obsolete Processes Unsuited To Business Agility
LONDON, -- Beamery , the global leader in Talent Lifecycle Management, today announced a revolutionary new model for businesses to run workforce planning and make real-time decisions around hiring and talent development. The traditional pro
Venture CapitalFountain Acquires Clevy to Further Advance AI for Hourly Hiring
Acquisition of global conversational artificial intelligence technology amplifies hiring software growth, leading to a more robust R&D innovation pipeline [ SAN FRANCISCO, CA – June 7, 2023] – Fountain , the leading Labor ATS and provide
Venture CapitalUnifyWork, a Cleveland, OH-based Workforce Intelligence Platform, Raises Additional $3M in Funding
UnifyWork , the workforce intelligence platform powering equitable regional talent networks, today announces an additional $3 million in funding, bringing its total funding to date to $7.5 million . "We are inspired by the confidence inv
Venture CapitalBossjob, a Chat-first Career Platform for Professional Hiring in Southeast Asia, Raises $5M in Funding
Bossjob , a Singapore and Manila, Philippines-based provider of a chat-first career platform for professional hiring in Southeast Asia (SEA), raised $5M in funding. The backers were not disclosed. The company intends to use the funds to exp
Company NewsKrenovator Launches AI CV Maker To Streamline CV Creation For Tech Talents
Krenovator Technology Sdn. Bhd. (Krenovator) launched an AI CV Maker on its tech talent platform. The AI CV Maker lets users create a digital curriculum vitae (CV) in just a few minutes with the help of artificial intelligence (AI) in a st
Company NewsIndeed Helps People Without College Degrees Get Jobs with Skill Connect
Indeed survey shows a majority of job seekers believe employers should consider skills rather than degrees when considering a candidate’s qualifications AUSTIN, Texas Indeed , a leading hiring platform, today launched Skill Connect , a new
Venture CapitalJobGet Acquires Heroes Jobs to Expand Employment Opportunities for Job Seekers
The acquisition broadens JobGet's portfolio of employers, enhances the social community experience, and deepens the relationship between jobseekers and employers May 19, 2023 — JobGet , the top mobile-first job platform, is pleased to annou
Venture CapitalTech startup Qualifi Raises $4.5M with a mission to transform High-Volume Hiring
May 17, 2023 Qualifi , the enterprise solution for high-volume hiring, today announced it has received $4.5M in funding to accelerate the company into a new growth phase of development. The financing round was co-led by m]x[v Capital and
Venture CapitalVideo interview and Hiring Event platform Raises $1.1M Seed Round
May 16, 2023/--Today, Withe , the on-demand video interview and virtual hiring event platform that aims to solve volume hiring challenges for enterprise hospitality staffing and recruiting teams, announced the close of its $1.1M USD pre-se
Venture CapitalRecruitics Acquires An Innovative Video Recruitment Platform Jamyr
Jamyr adds a scalable solution for video recruitment to the Recruitics platform, improving candidate experience and applicant engagement. Recruitics , the leader in data-powered programmatic advertising, engagement, and analytics for recrui
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