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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Finch raises $15M Series A to power the future of connected and programmable employment
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TopicsMicrosoft announces four new employee workforce initiatives
Today, Microsoft is announcing new changes and investments aimed at further deepening our employee relationships and enhancing our workplace culture. Specifically, we are making changes to U.S. based policies and practices related to noncom
Venture CapitalModern Compliance Training Startup Ethena Announces $30 Million Series B
BROOKLYN, N.Y. , June 7, 2022 /PRNewswire/ -- Ethena , a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew,
Venture CapitalGo1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform
Editor's note:The market for online education receives a lot of attention in the wake of COVID-19. Australia-based Go1 — one of the rising stars in the world of enterprise learning — is announcing a significant $100 million funding round an
Venture CapitalGuild Closes $175 Million in Series F Financing to Accelerate Mission, Expand With New Employer Partners in Dynamic, In-Demand Sectors
Denver, CO, June 02, 2022 (GLOBE NEWSWIRE) — With competition for frontline workers fiercer than ever due to structural shifts in the labor market, Guild , a Career Opportunity Platform, today announced a $175 million Series F financing ro
JoshBersinJosh Bersin: ServiceNow Acquires Hitch: Entering The Skills And HCM Market
Today was some big news. ServiceNow, the leader in enterprise workflow and employee experience platforms, announced the acquisition of Hitch , a small player in the massive market for skills technology and talent marketplace solutions. Thi
Venture CapitalServiceNow to Acquire Hitch Works to Help Customers Address Talent Gaps
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW) today announced it has signed an agreement to acquire Hitch Works, a skills mapping and intelligence company. Hitch will add a new layer of AI-powered skills insights to the indus
Venture CapitalFlorence raises $35m (£28.5m) series B funding to revolutionise social care
LONDON – June 1st, 2022 : Florence , the UK-based tech innovator for social care, today announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care i
Company NewsUKG Names Chris Todd as Chief Executive Officer
Aron Ain transitions to UKG Executive Chair UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced that Chris Todd, president of UKG, has been appointed chief executive officer (CEO), eff
Product NewsHuman Capital Management (HCM) Solutions Market to observe USD 12.16 Bn growth | 34% growth to originate from North America
NEW YORK , May 25, 2022 /PRNewswire/ -- The global human capital management solutions market size is expected to increase by USD 12.16 billion between 2020 and 2025. The market observed a YOY growth of 9.52% in 2021 and the growth mom

Workday Announces Fiscal 2023 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.43 Billion , Up 22.1% Year Over Year Subscription Revenues of $1.27 Billion , Up 23.2% Year Over Year 24-Month Subscription Revenue Backlog of $7.97 Billion , Up 20.9% Year Over Year Total Subscr

Assembled Raises $51 Million in Series B Funding to Accelerate Workforce Management Platform
Funding will bolster company's ability to assist leading companies across industries craft efficient, world-class customer experiences SAN FRANCISCO , May 26, 2022 /PRNewswire/ -- Assembled, the leader in workforce management for modern s
Product NewsU.S. Independent Professionals Earned an Estimated $247 Billion in 2021 and Have Never Been More Satisfied with Their Work, According to Fiverr’s Fifth Annual Freelance Economic Impact Report
Nearly 70% of freelancers have realized it is more important to be fulfilled in their work than just hold a job Fiverr International Ltd. (NYSE: FVRR), the company that is revolutionizing how the world works together, today released its fif
Company NewsHow Chili Piper Won the TikTok Recruitment Game
Trying to get that TikTok recruitment strategy off the ground to reach more candidates and boost your employer brand? Meryoli Arias, Sr. Social Media and Community Manager at Chili Piper , shared how her organization’s TikTok presence help

Recruiting automation Platform-Fetcher Raises $27 Million in Series B Funding
Fetcher, a NYC-based full-service, recruiting automation platform, raised $27M in Series B funding.
EarningsFiverr Announces First Quarter 2022 Results
Fiverr Announces First Quarter 2022 Results ● Strong Q1’22 execution: We posted solid Q1 results amid a shifting macro environment. Q1 revenue was $86.7 million, a record for us. It was also the first time in any Q1 that we achieved Adjust
NewsFiverr Announces First Quarter 2022 Results
Fiverr Announces First Quarter 2022 Results ● Strong Q1’22 execution: We posted solid Q1 results amid a shifting macro environment. Q1 revenue was $86.7 million, a record for us. It was also the first time in any Q1 that we achieved Adjust
Venture CapitalBCG:The $12 Billion Opportunity in HR Technology
A flood of new solutions is vying to help companies manage their workforce. In this crowded market, players can pursue three strategies to win share. Talent management is a large and growing challenge at many organizations, and talent manag
Venture CapitalRise Up raises €30M to Advance Employee Learning across Europe in round led by Connected Capital
Rise Up , the fast-growing employee learning software solution, has raised €30M with Connected Capital, a leading B2B SaaS-focused investment fund, its previous investor MAIF Avenir and its first shareholder Impact Partners. This second rou
Venture CapitalElectric Secures $20M In D-1 Funding Round, Bringing Valuation To $1B
NEW YORK — Electric , the leader in providing world-class IT technology for small and medium-sized businesses (SMBs), today announced it has raised $20 million in Series D-1 funding from Harmonic Growth Partners, five months after its $90 m
Venture CapitalBranch Raises $75M to Help Contract Workers Get Paid Faster
MINNEAPOLIS, MN — Branch , a leading workforce payments platform, today announced it has closed a Series C funding round totaling $75 million. The round, led by Addition, includes participation from leading global growth equity investor Ge
Venture CapitalXoxoday Raises US $30 Million From Giift and Apis Partners
SAN FRANCISCO-- Giift , a leading provider of loyalty management solutions around the globe, backed by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP , announced that it has acquired a significant strategic interest
Company NewsEqualture Raises €2.75M to Fight Hiring Bias
Equalture has just raised €2.75 million to help companies make unbiased, science-backed hiring decisions, by trusting on neuroscience instead of gut feeling. The funding round was led by Dutch investment company Shoe Investments and joined
Venture CapitalHR Tech Startup Sense Valued at $500 Million in SoftBank Vision Fund 2-led Funding
Sense , an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round. The San Francisco-headquartered startup has r
Venture CapitalVelocity Global Continues to Scale Its Leading Global Work Platform With the Acquisition of Shield GEO
DENVER, July 13, 2021 — Velocity Global continues to scale its leading global work platform with the acquisition of Shield GEO , an established global Employer of Record (EoR) provider. This is Velocity Global’s second acquisition this year
Venture CapitalPrimePay Announces Investment from Aquiline Capital Partners
WEST CHESTER, Pa. -- PrimePay , a national payroll, human capital management (HCM), and benefit services company, today announced it has received an investment from Aquiline Capital Partners, a private investment firm based in New York a
Venture CapitalDocuPhase Acquired by Angle Point and Dan Gaertner Brought on as CEO
CLEARWATER – DocuPhase LLC , a Florida-based automation software company, announced it has been acquired by Angle Point Capital . Along with the acquisition, Angle Point appointed Dan Gaertner as the new CEO of DocuPhase. Robert Koven, a P
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