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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Yurts Announces $16M in Series A Funding to Accelerate Growrh
SAN FRANCISCO , Sept. 19, 2023 -- Yurts , the enterprise-ready Generative AI platform, today announced a $16 million Series A to support its acceleration into the market. The oversubscribed funding round was led by Nava Ventures, with a
Company NewsGreenhouse Promotes Henry Tsai to Chief Product Office
NEW YORK , Sept. 13, 2023 Greenhouse , the hiring operating system for people-first companies, announced today that it has promoted Henry Tsai to Chief Product Officer. As a longstanding part of the Executive Leadership Team, Henry will
Company NewsInternal Hiring Boosts Retention and Saves Money, Yet Has Slumped Post Pandemic, The Josh Bersin Company Finds
Internal mobility initiatives and hiring processes rose in popularity during the pandemic to become a source of innovation , employee retention, a core driver of company culture, and broad savings But the focus on internal recruitment has w
Venture CapitalMerging for Mastery: How Spark Hire's Acquisition of Chally is Redefining Talent Assessment Solutions
In a groundbreaking move that promises to redefine the landscape of talent assessment, Spark Hire, a global leader in video interviewing, has announced its strategic acquisition of Chally, a pioneer in predictive talent analytics. This acqu
Company NewsTargetRecruit Introduces Copilot: Elevating Recruitment Efficiency with Artificial Intelligence
TargetRecruit is excited to introduce a groundbreaking addition to our latest product release – Copilot, an advanced AI Integration Framework. This innovative framework marks the first step in a series of forthcoming AI capabilities designe
Company NewsWorkForce Software Introduces the WorkForce Spark Program to Its Global Partner Network Enabling More Organizations to Leverage its Top-Rated Solution
LIVONIA, Mich.--Today, the first global provider of integrated employee experience and workforce management solutions WorkForce Software , announces WorkForce Spark, a comprehensive program to support the creation of rapid implementation so
Venture CapitalParisian Mental Health Platform Teale Secures €10M for International Growth
Teale , a Parisian digital mental health platform, has raised €10 million in a series A funding round. The capital is aimed at expanding the company's offering beyond its home borders as well as ramping up its current team of 20 to a robust
Company NewsEngagedly Launches HR AI Help Desk for HR Policies and Resources Library
LOUIS, Aug. 29, 2023 -- Engagedly , the pioneering provider of AI-powered cloud-based talent management software for Performance, Learning & Development, and Employee Engagement solutions, is thrilled to introduce an innovative enhancement
Product NewsHuman Resource Executive Names Oracle Grow a Top HR Product of the Year
Oracle Grow, part of the Oracle ME employee experience platform within Oracle Fusion Cloud Human Capital Management (HCM), has been named a 2023 Top HR Product of the Year by Human Resource Executive. The Human Resource Executive Top HR Pro
Company NewsMacorva Announces the Launch of Macorva MX, an AI-powered Performance Management Tool
HOUSTON -- Performance management is a critical business function, but it is often time-consuming and tedious for managers. Macorva , a leader in employee and customer experience solutions, is tackling this challenge head-on with the laun
Venture CapitalFuturis Acquires Healthcare Staffing Business from Recruiter.com
NEW YORK, NY / August 15, 2023 / Recruiter.com Group, Inc. (NASDAQ: RCRT)(NASDAQ: RCRTW) ("Recruiter.com" or "the Company") today shares exciting news: Futuris Company (OTC: FTRS), a leader in Human Capital Management (HCM), has reached an
Company NewsAI-Powered Mobile App Roll™ by ADP® Just Got Even Smarter
ROSELAND, N.J., Aug. 1, 2023 -- As entrepreneurs and small business owners look for opportunities to grow their businesses while balancing demands on their time, ADP 's groundbreaking, AI-driven mobile app, Roll by ADP, now leverages genera
Venture CapitalZRG, the Seventh-largest Retained Search Firm in the US, Acquired The Registry
NEW YORK, NY, and BOSTON, MA, — ZRG , one of the world’s rapidly growing global talent advisory firms, announced its acquisition of The Registry , an Interim Executive Solutions firm specializing in higher education. Since 1992, The Registr
EarningsKelly Reports Second-Quarter 2023 Earnings, Substantial Progress on Business Transformation
TROY, Mich., Aug. 10, 2023 -- Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, announced results for the second quarter of 2023. Peter Quigley, president and chief executive officer, announced revenue for
Venture CapitalLMS365 Acquires Weekly10 to Expand on Their Learning and Performance Capabilities
AARHUS, Denmark - LMS365 , the leading AI-powered learning platform integrated with Microsoft 365, announces its acquisition of Weekly10 , a dynamic performance and engagement management company based in Wrexham, UK. This strategic move mar
HotNewsAI and Accountability: The Landmark EEOC Lawsuit Against iTutorGroup for Age Discrimination
In a landmark decision marking the first case of AI discrimination in the United States, the Equal Employment Opportunity Commission (EEOC) charged iTutorGroup with unlawfully programming their online recruitment software to reject older ap
EarningsUpwork Reports Second Quarter 2023 Financial Results with 7% YoY Increase in Revenue
SAN FRANCISCO, Aug. 02, 2023 -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, announced its financial results for the second quarter of 2023. Q2’23 F
Venture CapitalTERRA Staffing Group Expands to the Midwest with Acquisition of ASG Staffing
Everett, WA — TERRA Staffing Group ("TERRA"), an award-winning staffing firm headquarterd in the Pacific Northwest, is pleased to announce the acquisition of ASG Staffing, Inc. (“ASG”). TERRA is backed by Hastings Equity Partners (“Hastin
Venture CapitalDisprz Raises $30M in Series C Funding to Expand Presence in the US Market
MUMBAI, India-- Disprz, an AI-powered learning and skilling suite, has raised $30 Million in its Series C funding round led by Lumos Capital and 360 ONE Asset (IIFL), with participation from Kae Capital, KOIS, & Dallas Venture Capital. The
Venture CapitalOne Model: Harnessing AI to Revolutionize People Analytics with $41M Funding
In the rapidly evolving world of HR technology, One Model, an Austin-based startup, is making waves. The company recently announced a successful funding round of $41 million, led by Riverwood Capital. This significant investment is set to f
EarningsThe Adecco Group Releases Q2 2023 Results with Strong Revenue Growth
Zurich, Aug. 3, 2023 -- The Adecco Group , one of the world’s largest staffing and HR solutions experts, announced financial results for the second quarter ended June 30, 2023. Financial Highlights Revenues +4% yoy organic TDA; excellent pe
Venture CapitalADP Acquires Sora: A Game-Changer in HR Workflow Automation
Advanced data integration and unified workflow experience simplifies complex HR processes for companies of all sizes ROSELAND, N.J. , Aug. 3, 2023 ADP ® , a global technology company providing human capital management (HCM) solutions, tod
EarningsCeridian Reports Robust Second Quarter 2023 Results
Minneapolis, MN and Toronto, August 2, 2023 – Ceridian HCM Holding Inc. (“Ceridian”) (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced its financial results for the second quarter ended June 30
Product NewsPerceptyx Acquires Behavioral Science Pioneer Humu to Close the Gap Between Employee Insights and Action
The acquisition of Humu by Perceptyx is a significant milestone in the HR Tech industry. This move combines the strengths of two innovative companies, creating a powerful synergy that promises to revolutionize the way organizations understa
Product NewsTriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock
Dublin, CA — July 31, 2023 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price
Company NewsIMocha Launches AI-Powered Skills Intelligence Cloud to Enable Enterprises to Transition to Skills-First Talent Management
ASHBURN, Va. and PUNE, India , July 26, 2023 -- iMocha , a leading SkillsTech platform today launched its Skills Intelligence Cloud, an AI-powered platform to revolutionize enterprise hiring, talent management, internal mobility, and wo
Company NewsIgniteTech Debuts CoPilot, a GenAI Assistant for an Employee Experience Platform Jive
CoPilot, IgniteTech's innovative new feature for Jive, is a GenAI-powered assistant for mining content AUSTIN, Texas , July 26, 2023 -- IgniteTech™, the company "Where Software Goes to Thrive™", announces the launch of Jive CoPilot™, a b
HotNewsThe No Robot Bosses Act of 2023: A Landmark Legislation for Ethical AI in the Workplace, with Insights from New York City's AI Law
In the rapidly evolving landscape of artificial intelligence (AI), the "No Robot Bosses Act of 2023" stands as a beacon of hope for ethical AI practices in the workplace. Introduced by U.S. Senators Bob Casey (D-Pennsylvania) and Brian Scha
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
Venture CapitalThe World’s Largest Talent Company Randstad Has Reached an Agreement to Acquire Grupo CTC in Spain From Portobello Capital
Randstad NV , the world’s largest talent company announces that it has signed an agreement to acquire Grupo CTC in Spain. Grupo CTC provides outsourced industrial, logistics, and sales & marketing services to customers in its home market of
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