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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Lattice to Become the First Company to Introduce Digital Worker Employee Records
Lattice has made a groundbreaking announcement as the first company to introduce official employee records for digital workers. Recognizing the profound impact of AI on the global workforce, Lattice aims to ensure transparent and accountabl
Venture CapitalGQR Acquires Uniti Med, Enhancing Workforce Solutions and Expanding Market Reach
GQR , a global workforce solutions firm, has acquired Uniti Med, a healthcare staffing company. This acquisition enhances GQR's market position, placing it among the Top 100 Staffing Firms, Top 50 Healthcare firms, and Top 25 Travel Nursing
Venture CapitalHR Path Secures Historic €500 Million to Fuel Global Expansion and HR Innovations
HR Path , a global leader in HR consulting, has secured a record €500 million in financing from Ardian, a top private investment firm. This significant investment, the largest in the company's history, will propel HR Path's international gr
Venture CapitalMonster and CareerBuilder's Strategic Merger: Shaping the Future of Recruitment
Randstad, the world’s largest staffing firm, announced a merger between its Monster job board and CareerBuilder, a company owned by Apollo Funds. This union aims to enhance services for job seekers and employers by combining two well-known
Venture CapitalPhenom Acquires Tydy, Expanding Platform to Seamlessly Onboard Employees
Phenom has acquired Tydy, enhancing its Intelligent Talent Experience platform by incorporating Tydy's advanced preboarding and onboarding capabilities. This integration aims to create a seamless, efficient transition from hire to productiv
Venture CapitalTokyo's HR Tech Leader SmartHR Secures $140 Million Series E Funding
KKR and Teachers' Venture Growth (TVG) have announced a $140 million Series E investment in SmartHR , a leading cloud-native human resources management platform in Japan. This funding will drive SmartHR's growth, including new solution deve
Venture CapitalHireRight Acquired for $1.7 Billion by General Atlantic and Stone Point Capital
HireRight Holdings Corporation has finalized its acquisition by General Atlantic and Stone Point Capital in an all-cash transaction valued at $1.7 billion. The merger, approved by HireRight stockholders on June 21, 2024, converts all outsta
Venture CapitalKarmaCheck Secures $45M Series B to Revolutionize Background Checks with AI Technology
KarmaCheck , a leader in technology-based background checks and credentialing, announced a $45 million Series B funding round led by Parameter Ventures. Founded by LinkedIn co-founder Eric Ly, KarmaCheck leverages advanced technology and AI
Venture CapitalChime Financial's $173 Million Acquisition of Salt Labs: A Step Towards IPO Ambitions
Chime Financial has acquired Salt Labs to enhance financial progress for everyday Americans. Both companies aim to empower employees by leveraging the Chime platform. Jason Lee, CEO of Salt Labs, will lead the new Chime Enterprise unit to d
Product NewsA.Team Launches "Team Formation AI" to Hire Specialized Tech Talent in Minutes -- Not Months
A.Team has introduced Team Formation AI, a generative AI platform that allows corporate leaders to quickly assemble elite tech teams from a network of over 11,000 vetted product builders. Designed to streamline hiring and supercharge innova
EarningsPaychex, Inc. Reports Fourth Quarter and Full Year 2024 Results
Solid Total Revenue Growth and Operating Margin Expansion Full Year 2024 Diluted EPS Growth of 9%; Adjusted Diluted EPS (1) Growth of 11% Issues Fiscal 2025 Business Outlook ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (the "Company,"
Venture CapitalFreelance.ca Acquires Workhoppers: A Major Leap in the Canadian Freelance Market
Freelance.ca, an emerging leader in the Canadian freelance market, has successfully acquired Workhoppers, a renowned Canadian freelancer platform. This strategic move bolsters freelance.ca's market position, enhancing its service offerings
Venture CapitalToptal Acquires Growth Collective: A New Era in Freelance Marketing
Toptal , the world's largest fully remote workforce, launched Toptal Marketing at Cannes Lions 2024, expanding its services to include world-class marketing talent. This launch is complemented by Toptal's acquisition of Growth Collective, a
Product NewsLattice Adds Payroll, Powering Strategic Pay Cycles for High-Growth Companies
Lattice, a leading people platform, has announced the launch of Lattice Payroll, an end-to-end payroll solution integrated into its HRIS and Talent Suite. This solution aims to help mid-sized and growing companies streamline payroll process
Venture CapitalTechWolf Raises $42.75M to Revolutionize AI-Driven Talent Management
TechWolf , a Belgian AI company, has raised $42.75 million in a Series B funding round led by Felix Capital, with participation from notable investors such as SAP, ServiceNow Ventures, and Workday Ventures. Founded in 2018 by Andreas De Nev
Product NewsHireClix Announces Social Media Management Services for Employer Branding
HireClix , a leading recruitment marketing services company, has launched its new Social Media Management Services to enhance employer branding and candidate engagement across digital channels. These services aim to help organizations attra
NewsBonusly Launches Performance Enablement Solution to Cultivate High-Performing Organizations
Bonusly has launched Bonusly Achieve, a new performance enablement solution designed to modernize and enhance traditional performance management processes. By integrating peer feedback, collaborative meeting agendas, AI-powered notes, and c
Venture CapitalWilya Secures $4 Million in Seed Funding Led by Ironspring Ventures to Bring Flexibility to the Manufacturing and Supply Chain Workforce
Wilya , previously known as Gig and Take, has secured $4 million in seed funding led by Ironspring Ventures. This funding will support Wilya's mission to transform HR practices in the manufacturing and supply chain sectors through its innov
Venture CapitalHueman Acquires PrincetonOne: A New Era of Specialized RPO Services
Hueman People Solutions, a leading recruitment process outsourcing (RPO) and talent acquisition firm, has acquired PrincetonOne, a notable RPO provider with expertise in the Pharmaceutical, Biotech, Life Sciences, Manufacturing, and Indus
ColumnWorkday Elects Michael Speiser to Board of Directors
Workday has elected Michael Speiser, a seasoned technology leader and venture capitalist, to its Board of Directors. With over three decades of experience, Speiser is recognized for his contributions to the tech industry, particularly in AI
Venture CapitalZRG Secures $120 Million in Debt Financing from Main Street Capital
ZRG , a global talent advisory firm, has secured $120 million in debt financing from Main Street Capital Corporation. This funding, along with a recent equity raise from RFE Investment Partners, will accelerate ZRG's growth strategy, includ
Venture CapitalRecruitment Smart Wins £2M to Transform Middle East Talent Acquisition with AI
Recruitment Smart , a leader in AI-driven talent acquisition, has secured £2 million in funding to expand its operations in the Middle East and enhance its innovative solutions. The investment, backed by Black Finch Ventures, Aran Ventures,
Product NewsPIXO Unveils Reality Intelligence (RI)™ Offering Designed to Make VR a Winning Reality
PIXO VR has launched Reality Intelligence™ (RI), a new initiative aimed at revolutionizing XR training. Focused on Value Added Resellers, RI offers unmatched flexibility, customization, and management ease for VR training portfolios. As t
Venture CapitalBullhorn acquires Textkernel to accelerate its AI strategy
Bullhorn , a major player in staffing solutions, has acquired Amsterdam-based Textkernel , a leader in Sourcing AI technologies. This move is pivotal for Bullhorn’s AI strategy, enhancing their offerings with Textkernel's advanced parsing a
Venture CapitalNomad Health Lands $22 Million Investment: A New Era Under CEO Justin Lambert
Nomad Health , a leading digital marketplace for healthcare jobs, has successfully raised $22 million in a funding round led by HealthQuest Capital with participation from several notable firms. With this investment, Nomad Health has also a
Product NewsBorderless AI and Cohere Launch Alberni: The First AI Agent Revolutionizing Global HR
Borderless AI , the pioneering AI-powered HR platform, has partnered with Cohere to revolutionize the HR industry with tailored AI agents. The partnership aims to streamline global HR challenges such as onboarding, payroll, and compliance,
EarningsKorn Ferry Announces Fourth Quarter and Full Year FY'24 Results of Operations
Korn Ferry reported its Q4 FY'24 fee revenue at $690.8 million, a 5% decrease from the previous year, and full-year revenue of $2.76 billion, down 3%. Despite the revenue decline, the company saw improved profitability with Q4 net income of
Venture CapitalAI-Driven Training Platform Learn to Win Raises $30M to Scale Defense and Commercial Operations
Learn to Win , an enterprise SaaS training platform specializing in personalized, predictive, and secure training software, has successfully closed a $30 million Series A funding round led by the Westly Group, with participation from Norwes
Company NewsO.C. Tanner Elevates Scott Sperry to CEO and President
O.C. Tanner, a leader in strengthening organizational culture through employee recognition, has announced Scott Sperry as its new CEO and president. Sperry succeeds Dave Petersen, who retires after a notable 41-year tenure. Sperry, ascendin
Venture CapitalClearCompany Acquires Brainier Solutions, Inc., an Industry Leader in Customizable Learning Management Solutions
ClearCompany, a leading talent management platform, has announced the acquisition of Brainier Solutions Inc., a pioneer in cloud-based learning management systems. This strategic move underscores ClearCompany’s commitment to integrating lea
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