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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Beqom 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
Venture CapitalContactMonkey secures $55M in Series A funding, led by Updata Partners
ContactMonkey, an innovative internal email communications platform, has recently secured a significant $55 million in Series A funding from Updata Partners. This investment comes at a crucial time when employee engagement is increasingly v
Product NewsWorkleap acquires US-based Pingboard, an employee experience SaaS company recognized for its industry-leading org chart and employee directory capabilities
After receiving a $125M CAD investment from CDPQ, Workleap made an acquisition to accelerate its growth strategy, increase market share and broaden product offerings. MONTREAL , Dec. 6, 2023 Workleap , a leading software company behind p
Product NewsRevolutionizing Talent Management: The Predictive Index Acquires Performance Management Leader Charma
The Predictive Index (PI), a foremost talent optimization platform, has recently acquired Charma, previously known as WorkPatterns. This strategic move merges over 65 years of PI's behavioral science expertise with Charma's advanced perform
Product NewsRedNevada.AI Launches RAI, The Market Leading AI Recruitment Tool
RedNevada.AI revolutionizes the recruitment sector with RAI, an AI-driven technology. Designed to streamline recruitment processes, RAI significantly reduces time-to-placement, automates admin tasks, and enhances CV screening efficiency. It
Product NewsEase Learning and Freedom Learning Group Announce Merger, Position for Growth
Freedom Learning Group and Ease Learning, both pioneers in e-learning, have announced their strategic merger. This significant consolidation aims to enhance the capabilities of both companies, notably in creating high-quality, skills-based
Venture CapitalIndian SaaS Powerhouse ProHance Gains Major Investment from ChrysCapital
ProHance, a leading workplace analytics and operations management SaaS provider, announced a significant investment from ChrysCapital, a prominent Indian investment firm. This strategic move is set to accelerate ProHance's global expansion,
Product NewsPaylocity acquires Trace, an innovative solution for headcount planning
On December 1, 2023, Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, announced its acquisition of TraceHQ.com, Inc., a company offering an innovative solution for headcount planning. This acqui
Venture CapitalKahuna Workforce Solutions Raises $21M in Series B to Transform Frontline Skills Management
Kahuna Workforce Solutions recently secured a $21 million Series B funding from Resolve Growth Partners to enhance its skills management technology for frontline workers. This significant investment marks a milestone in Kahuna's growth traj
Venture CapitalGoldman Sachs Leads $45M Investment in Candex for Asian Market Expansion
Candex , a leading player in the procurement management industry, has recently garnered a significant $45 million in Series B funding, primarily led by Goldman Sachs. This investment, boosting Candex's total capital to $85 million, is earma
Company NewsJeff Moses Named CEO of WorkForce Software
Jeff Moses has been appointed as the CEO of WorkForce Software , effective January 1, 2024. Bringing over 25 years of expertise in B2B Cloud SaaS and a strong track record as WorkForce's Chief Revenue Officer, Moses is set to spearhead the
Venture CapitalAya Healthcare's Game-Changing Move: Acquiring AI-Powered Winnow for Enhanced Physician Recruitment
Aya Healthcare , a leader in healthcare talent solutions, has acquired Winnow AI, an innovative data science platform designed to enhance physician recruitment strategies. Amid a critical provider shortage, this acquisition strategically po
Company News3 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem
Venture CapitalEngagedly's Strategic Takeover of theEMPLOYEEapp Enhances Deskless Workforce Connectivity and Growth
Engagedly has strategically acquired theEMPLOYEEapp to revolutionize how companies communicate with their deskless workers. By harnessing AI-powered talent management, this move aims to streamline internal communications, bolster remote eng
EarningsZipRecruiter Announces Third Quarter 2023 Results
Quarterly revenue of $155.6 million Net income of $24.1 million, or net income margin of 15% Adjusted EBITDA of $54.4 million, or Adjusted EBITDA margin of 35% SANTA MONICA, Calif. ZipRecruiter ® , a leading online employment marketplace,
EarningsSterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy
NDEPENDENCE, Ohio, Nov. 08, 2023 Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi
Product NewsSalary.com Acquires CompXL, The Enterprise Compensation Planning Leader
Salary.com, a leading provider of compensation management software and data solutions, has expanded its offerings by acquiring HCR Software. This move integrates CompXL's incentive compensation planning software into Salary.com's existing s
Product NewsEchoSpan Secures $25.7 Million Jury Award in Trade Secret Theft Lawsuit Against Rival Medallia
On November 1, 2023, following an extensive legal battle, a jury in the United States District Court for the Northern District of California found Medallia liable for trade secret misappropriation against EchoSpan, a leading provider of emp
EarningsPaylocity Announces First Quarter Fiscal Year 2024 Financial Results
Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Venture CapitalSan Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service
Venture CapitalWork Shield raises $6 million from Ballast Point Ventures
Work Shield, a Dallas-based incident management technology firm, has secured a $6 million investment from Ballast Point Ventures. This strategic move aims to bolster Work Shield's comprehensive solution for reporting, investigating, and res
Venture CapitalOfficeRnD Secures Investment from Blue Star Innovation Partners: What's Next for Flexible Workspaces?
OfficeRnD Announces Strategic Partnership with Blue Star Innovation Partners, Aiming to Transform the Coworking and Hybrid Work Industries Today marks a significant milestone for OfficeRnD, a leading provider of workspace management solutio
EarningsTriNet Announces Third Quarter 2023 Results
TriNet Group, a leading provider of human capital management solutions, has announced its financial results for Q3 2023. The company reported a slight decrease in total revenues and professional service revenues compared to the same period
Product NewsRadancy Acquires Brazen, Adding Award-Winning Hiring Event Capabilities to the End-to-End Radancy Talent Acquisition Cloud
Radancy, a global leader in talent acquisition software, has acquired Brazen to enhance its Talent Acquisition Cloud with award-winning hiring event technology. This acquisition aims to provide a seamless candidate experience across all rec
Company NewsADP Launches First All-in-One HCM Solution for the Construction Industry
ADP has launched Workforce Now for Construction, a groundbreaking all-in-one Human Capital Management (HCM) solution tailored for the construction industry. This comprehensive platform addresses the unique challenges faced by construction f
Venture CapitalRedefining Hospitality Workforce Management: New York's Harri Raises $43M in Latest Funding
Harri, a leader in Frontline Employee Experience technology, has successfully closed its Series B funding round, raising $43M led by Atalaya Capital Management and Golub Growth. The funding will accelerate Harri's expansion and innovation i
Company NewsKelly Launches Recruitment Platform for AI and Automation Talent
Kelly has just launched Kelly Arc, an innovative online recruitment platform tailored for AI-powered automation roles. Tackling the talent gap in AI and automation, this platform is a game-changer. With AI-based matching and personalized re
Venture CapitalADP Launches ADP Ventures,A Game-Changer in Human Capital Management?
ADP, a global leader in human capital management solutions, has announced the launch of its corporate venture capital arm, ADP Ventures. The new venture aims to invest in early-stage tech startups that align with ADP's innovation strategy.
Company NewsFactorial Acquires YC-Backed Fuell, Expands Into Expense Management Market
Factorial, a leading HR software solutions provider, has acquired Fuell, a Spain-based expense management startup. This marks Factorial's first acquisition and product expansion, positioning it as Europe's first integrated HR and expense ma
Company NewsVisier Appoints Keith Bigelow as Chief Product Officer
Visier, a global leader in people analytics and workforce solutions, has announced the appointment of Keith Bigelow as their new Chief Product Officer. With a rich background in AI, analytics, and enterprise SaaS, Bigelow brings a wealth of
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