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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Unlocking People Advantage: How Sequoia's Comp-OS 2.0 Simplifies HR and Finance
Sequoia has launched Comp-OS 2.0, a comprehensive solution aimed at simplifying the complex landscape of global compensation management for HR and finance leaders. The platform offers real-time visibility into organizational spending and en
Venture CapitalNew York-Based Giftpack AI Secures $4.3M in Seed Funding to Revolutionize Corporate Gifting
The raise will further Giftpack's mission to innovate gifting services and enhance platform functionality to help companies get gifting right NEW YORK , Sept. 21, 2023 Giftpack AI , a leading AI-powered corporate gifting platform, today
Venture CapitalAmsterdam-Based Lepaya Secures $38M to Revolutionize Corporate Learning and Close Skills Gaps
Lepaya, a leading corporate EdTech provider, has secured $38 million in funding, marking the largest investment in this sector for 2023. The company aims to revolutionize the $400 billion corporate learning market with its AI-powered capabi
Company NewsChano Fernandez Takes the Helm as Co-CEO of Eightfold AI: A New Chapter in AI-Driven HR
Chano Fernandez has been appointed as the Co-CEO of Eightfold AI, effective January 2024. Previously, Fernandez led HR's transition into the cloud at Workday, where he served as Co-CEO and helped the company grow from $450M to $6B in revenu
Venture CapitalYurts 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
Venture CapitalZayZoon Raises $34.5 Million in Series B Funding to Expand EWA, Employer Engagement Platform
PHOENIX-- ZayZoon , the Earned Wage Access (EWA) provider for small and mid-sized businesses, has raised $34.5 million USD in debt and equity for its Series B financing. The round was led by Framework Venture Partners, with co-investment fr
Venture CapitalHiBob Adds $150M in New Round of Funding to Support Continued Expansion
NYC, USA and London, UK – 19 Sept 2023: HiBob , the company behind ‘Bob’, the HR platform transforming how organizations operate in the modern world of work, today announced it has secured $150M in new funding in a round that was led by Fa
Company NewsTrueBlue Automates Finance and HR with Oracle Fusion Cloud Applications
Oracle CloudWorld, Las Vegas— TrueBlue , a leader in specialized workforce solutions, has achieved a 40 percent return on investment (ROI) since implementing Oracle Fusion Cloud Applications Suite. With Oracle Fusion Cloud Enterprise Resour
Venture CapitalSales Commission Startup Performio Scores $13M Funding Round
Performio, a West Hollywood, CA-based incentive compensation software company, raised $13 million in growth capital financing. IRVINE, Calif. , June 14, 2022 Performio , a leading enterprise-grade sales commission software solution provi
Venture CapitalSailes Secures $5.1M Series A Funding to Automate Sales Prospecting with AI
Sailes , the AI startup revolutionizing sales prospecting with its patent-pending Sailebots, has secured $5.1M in a Series A round led by Lewis & Clark Ventures. This funding propels Sailes to new heights in automating sales activities. Sai
Venture CapitalB2B Fintech Purchasing Power Lands $177M Debt Financing
Purchasing Power, which links employees and companies to provide flexible purchasing benefits, has secured $177M credit facility. This financing underscores investors' confidence in its platform that enables employees to buy electronics and
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 NewsEasop Announces Strategic Partnership with Carta and Snags Investment from Tech Law Firm Cooley's Fund and SemperVirens
NEW YORK , -- Easop , the equity compensation solution for global teams, announces a significant milestone in its journey towards revolutionizing global employee equity management. In only 18 months, the company has forged a strategic partn
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 CapitalFirst Advantage Expands Digital Identity Solutions by Acquiring Infinite ID
ATLANTA, Sept. 05, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, today announced the acquisition of Infinite ID, a U.S.-based digital identity auth
Venture CapitalWoba, an HR Platform for Employee Retention, Raised €2.95M in Funding to Expedite its Worldwide Influence
Woba , a Copenhagen-based HRTech startup, has recently announced that it has raised €2.95 million in funding from existing investors PreSeed Ventures and Denmark’s export and investment fund, EIFO. With this financing round, the company int
Venture CapitalSan Francisco-based HRTech Firm Confirm Secures $6.2M in Series A to Revolutionize Performance Reviews
In a move that underscores the growing need for data-driven and unbiased performance reviews, Confirm has successfully raised $6.2 million in Series A funding. The round, led by Spero Ventures and featuring participation from SHRMLabs and o
Company NewsWorkhuman Adds Hundreds of Thousands of Activities, Travel, and Accommodation Options to World Class Store with In-Store Booking Functionality
Framingham, MA and Dublin – August 29, 2023 – Workhuman , the company revolutionizing how employees celebrate, connect with, and appreciate each other in the workplace, has added In-Store Booking functionality to its world class Store. Empl
Venture CapitalTeamSense Secures $4 Million in Funding to Revolutionize Communication for Hourly Manufacturing Workers
TeamSense, a Seattle-based company that has developed an app-free platform for hourly employees in the manufacturing sector. The platform allows these "deskless" workers, who make up 70-80% of the global workforce, to manage attendance, com
Venture CapitalGympass Raises $85 Million in Series F Funding at $2.4 Billion Valuation, Strengthens Position as the Leading Global Corporate Wellness Platform
Funding comes in a record year for Gympass, as it nearly doubled its customer base to more than 15,000 and surpassed two million employee subscribers across its network of more than 50,000 partners Gympass delivers the best network of gyms,
Product News2023 HR Tech Market Map-One Glance at the Global HR Tech Market, Easy with DHRmap ( Newest Release on August 18, 2023)
August 18, 2023, Dallas ,Global innovative HR tech media and platform DHRmap has released its newest version of the DHRmap market map for global HR professionals. Designed to enhance HR efficiency, it enables a quick understanding of the dy
Company NewsSpring Health Launches Sage, Setting A New Standard For Mental Health Education With Self-Directed, Clinician-Led Courses For Workplace Wellbeing
Spring Health , the most comprehensive global mental health solution for employers and health plans, announced the launch of Sage, a platform that raises the bar for mental health education with self-directed courses and clinician-designed
Venture CapitalToothio Raises $4M Led By Craft Ventures to Revolutionize Dental Staffing
PHOENIX , Aug. 16, 2023 -- Toothio , the on-demand dental staffing platform connecting qualified professionals with practices, today announced a $4 million seed round led by Craft Ventures with participation from Burst Capital, Moving C
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
EarningsRecruit Holdings Announces Second Quarter 2023 Financial Results
Tokyo, August 10, 2023 ― Recruit Holdings Co., Ltd. , one of the world’s largest staffing firms and owner of job board Indeed, announced its consolidated financial results for the three months ended June 30, 2023 (April 1, 2023 to June 30,
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
EarningsFirst Advantage Reports Second Quarter 2023 Results with Revenues of $185.3 Million
ATLANTA, Aug. 09, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, announced financial results for the second quarter ended June 30, 2023. “We achieve
Product NewsKohlberg & Company, LLC announced a strategic partnership with Engage PEO: Acquire a Majority Stake
MOUNT KISCO, N.Y. & NEW YORK– Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions
EarningsZipRecruiter Announces Net Income of $14 Million for Second Quarter 2023 Results
SANTA MONICA, Calif., Aug. 8, 2023-- ZipRecruiter , a leading online employment marketplace, announced financial results for the quarter ended June 30, 2023. “Against a challenging macroeconomic backdrop, ZipRecruiter was able to deliver $1
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