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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ARCOS Acquires Clearion, Expanding its Workforce Management Solutions Portfolio
COLUMBUS, Ohio – ARCOS® LLC, a leading provider of workforce management solutions for utilities and other critical infrastructure industries, announced today the acquisition of Clearion , a provider of SaaS and mobile software for vegetat
Venture CapitalFirst Advantage Completes Acquisition of Sterling Check for $2.2 Billion
First Advantage Corporation (NASDAQ: FA) has successfully completed its acquisition of Sterling Check Corp. for $2.2 billion, including assumed debt. This strategic move enhances First Advantage's global presence and product offerings in ba
Venture CapitalEQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation
EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and
EarningsPaycom Q3 2024: A Financial Deep Dive – Revenues Climb to $452M, Up 11%
Paycom Software, Inc. reported robust financial results for the third quarter of 2024, announcing revenues of $452 million, an 11% increase year-over-year. The company's GAAP net income was $73 million, equivalent to $1.31 per diluted share
Venture CapitalToothio Raises Additional $5M to Address Dental Staffing Shortage
Toothio , a leading digital marketplace for dental staffing, has announced an additional $5 million in financing led by nvp capital and Craft Ventures, with several other investors participating. This funding supports Toothio's expansion in
Company NewsDayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue
Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat
Company NewsFiverr Q3 2024: Revenue Hits $99.6 Million, Exceeds Expectations
Fiverr International Ltd. announced robust financial results for Q3 2024, highlighting a revenue increase to $99.6 million and a notable rise in adjusted EBITDA. The company outperformed expectations amidst a challenging macro environment,
Company NewsLattice's 2025 State of People Strategy Report: HR at a Crossroads with AI, DEIB, and Manager Engagement
Lattice 's 2025 State of People Strategy Report reveals that HR is at a critical juncture, facing challenges like declining employee engagement, reduced DEIB prioritization, and the slow adoption of AI. The report emphasizes the importance
Product NewsLinkedIn’s first AI agent, Hiring Assistant
LinkedIn has entered the AI agent market with its new Hiring Assistant , aiming to streamline up to 80% of the pre-offer recruitment workflow. The tool integrates directly into LinkedIn's platform, enhancing recruiter productivity and candi
Venture CapitalCascade AI Secures $3.75 Million in Funding Led by Gradient
Cascade AI has secured a $3.75 million seed investment, led by Google’s Gradient, to expand its personalized AI HR assistant designed for employee-specific HR inquiries. The investment will help Cascade AI scale and enhance its platform, en
Product Newsempinfo Launches Industry-First Solution to Automate Employment Letter Generation for International Employees
empinfo, a leader in employment verification solutions, has introduced a new automated employment letter generation feature aimed at global HR operations. This industry-first solution, integrated into empinfo's platform, allows employers to
EarningsTriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges
TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he
Venture CapitalOLOID Gains Momentum with $6M Series A1 Funding and Completes Workday Certified Integration, Driving Expansion in Workplace Identity Solutions
OLOID, a pioneer in workplace identity management, has raised $6 million in a Series A1 funding round, led by Yaletown Partners and other strategic investors. This funding will further OLOID’s growth in providing passwordless access and ide
Venture CapitalTalentNeuron Acquires HRForecast, Launches First Unified Strategic Workforce Planning Platform
TalentNeuron, backed by Leeds Equity Partners, has acquired HRForecast, a strategic workforce planning and skills management software provider. This acquisition will create the first end-to-end platform integrating internal workforce data w
EarningsServiceNow Reports Q3 2024 Financial Results: 23% Subscription Revenue Growth, Total Revenue Reaches $2.797 Billion
ServiceNow exceeds guidance across all Q3 2024 topline growth and profitability metrics; raises 2024 subscription revenues guidance Subscription revenues of $2,715 million in Q3 2024, representing 23% year‑over‑year growth, 22.5% in constan
Product NewsHireology Revolutionizes Hiring for Multi-Location Businesses with New Action Center Dashboard
Hireology , a leading provider of hiring software for multi-location businesses, introduced its new Action Center dashboard, designed to provide real-time insights into the hiring process. This feature helps HR teams and recruiters manage h
Product NewsEveree Launches Flex Suite to Simplify Payroll for Staffing, Gig Apps, and Other Flexible Workforces
Everee has launched Flex Suite, a comprehensive payroll solution tailored for staffing and gig economy businesses. Designed for complex workforce arrangements, Flex Suite simplifies payroll processes, automates compliance, and provides cust
Product NewsSE Healthcare Launches PulseCheck: A Real-Time Solution for Addressing Burnout and Workforce Engagement
SE Healthcare has launched PulseCheck, a real-time tool designed to monitor employee burnout and workforce engagement in healthcare organizations. Aimed at supplementing SE Healthcare's Burnout Prevention Program®, PulseCheck offers frequen
EarningsRobert Half Surpasses Expectations with Protiviti's Strong Q3 Performance
Robert Half Inc. reported its third-quarter 2024 financial results, showing revenues of $1.465 billion and net income of $65 million, with earnings per share at $0.64. This reflects a decline compared to Q3 2023, where revenues reached $1.5
EarningsRandstad Announces Q3 2024 Results, Reports €6.01 Billion in Revenue and Confirms Acquisition of Zorgwerk
Randstad, the world's largest staffing firm, reported a 5.9% organic revenue decline in Q3 2024, amounting to €6.01 billion. Revenue dropped 3.9% year-on-year due to challenging economic conditions across regions, including North America, N
Venture CapitalTide Expands SME Services with Acquisition of Onfolk Payroll Solution
Tide , a UK-based business financial platform, has acquired Onfolk , an HMRC-recognized payroll solution for SMEs, announced on October 18, 2024. Onfolk specializes in integrating accounting, pensions, and people systems, making payroll man
Product NewsNava Benefits Launches AI Assistant to Simplify Employee Benefits Management
Nava Benefits has introduced the Nava Benefits Assistant, powered by OpenAI, to transform how employees interact with their benefits. This AI-driven assistant provides real-time information on deductibles, out-of-pocket expenses, and medica
Venture CapitalBullhorn Ventures Invests in Staffing Referrals to Automate and Scale Agencies' Referral Programs
Bullhorn Ventures has announced its investment in Staffing Referrals, the top automated referral management (ARM) platform, on October 17, 2024. The partnership aims to help staffing agencies reduce reliance on job boards and improve the qu
EarningsManpowerGroup Reports $4.5B Revenue Amid Global Market Shifts in Q3 2024
ManpowerGroup reported Q3 2024 revenues of $4.5 billion, down 3% year-over-year (-2% in constant currency), reflecting challenges in North America and Europe but strong demand in Latin America and Asia-Pacific. Net earnings per diluted shar
Company NewshireEZ Named Accelerator in 2024 Talent Acquisition Technology by Nucleus Research
hireEZ , a leading talent acquisition platform, has been recognized in Nucleus Research's 2024 Standalone Talent Acquisition Technology Value Matrix as an Accelerator provider. The platform’s strengths lie in its advanced sourcing, CRM, ana
Product NewsUnily Introduces First-Ever Bring-Your-Own AI Assistant Platform
Unily has launched the Insight Center, a pioneering solution for integrating and managing digital assistants through its Bring-Your-Own-Assistant (BYOA) capability, offering enterprises flexibility and governance in AI adoption. In addition
Product NewsSmartRecruiters Unveils Winston: AI That Keeps Hiring Human
SmartRecruiters has launched Winston, an AI-powered recruiting companion designed to revolutionize the hiring process by automating and optimizing various tasks such as candidate screening and interview scheduling. Built as part of the Smar
Product NewsCornerstone Introduces AI-Powered Virtual Companions
Cornerstone OnDemand Inc. , has introduced Immerse Companion, a generative AI-powered solution designed to enhance personalized learning, coaching, and expert-led skill-building in real-time. Unveiled at UNLEASH World 2024, Immerse Companio
Product NewsPaylocity Unveils AI Assistant to Transform HR Efficiency
Paylocity has launched its new AI Assistant, a conversational tool designed to simplify and accelerate HR processes for professionals and employees alike. Integrated into the Paylocity platform, the AI Assistant provides real-time, contextu
Product NewsPerceptyx Launches CWT: Empowering Leaders with Data for Superior Employee Experience
Perceptyx , a leader in employee experience transformation, launched the Center for Workforce Transformation (CWT) on October 15, 2024. CWT is dedicated to improving workplaces through data-driven research and actionable insights. It will f
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