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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $3002023 DHR Highlights: the Most Worth Reading Acquisitions & Funding News of January
We've gathered the most noteworthy funding and acquisition news in the HR sector of January, 2023 . We have selected 3 funding news and 4 acquisition news. Among the investment news we selected, 1 company has become a unicorn after the inve
ColumnADP Reports Second Quarter Fiscal 2023 Results
ADP Reports Second Quarter Fiscal 2023 Results •Revenues increased 9% compared to last year's second quarter to $4.4 billion; 10% organic constant currency •Net earnings increased 17% to $813 million, and adjusted net earnings increased 17%
Venture CapitalTransCrypts, a US Record Management Platform, Raise $2.4 Million in Pre-Seed Funding to Democratize Access and Control of Important Credentials Back to the Consumers
SAN FRANCISCO, Jan. 20, 2023 -- TransCrypts , a record management platform that has empowered 300,000 consumers to own and share their work and income history in a verifiable and auditable manner, today announced it raised $2.4 million in P
Venture CapitalEdustaff, a US Leading Education Staffing Company, Receives Strategic Investment from Public Pension Capital
GRAND RAPIDS, Mich. , Jan. 18, 2023 -- Edustaff, LLC ("Edustaff" or the "Company"), a leading education staffing company that provides high quality educators to K-12 school districts and community colleges across the U.S., today announced
Company News13.86 billion -2022 Global Investment and Financing in HRTech
According to DHR statistics, 412+ investment and financing events were generated globally in the past 2022, with a total investment and financing amount of $13.86 billion in the global HRTech field. Among them, by quarter, we can see that Q
Venture CapitalZvoove Group Acquires Fortytools: Two Software Providers for Cleaning Services are Joining Forces
zvoove extends its portfolio of digitalization solutions to smaller cleaning service providers and continues its M&A strategy with this additional acquisition. LOHNE, Germany and AHRENSBURG, Germany , Jan. 16, 2023 -- zvoove Group , t
Company NewsNew Feature From Topia Allows HR And Global Mobility Professionals To Better Manage Group, Project Team And Bulk Moves Topia
SAN FRANCISCO , Jan. 12, 2023 -- Topia , the leader in Global Talent Mobility and distributed work technology, today announced its upcoming plans for new functionality which will help HR and global mobility departments manage group, projec
Venture CapitalDeel Acquires Capbase to Enter Equity Management
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies exclusively announced to TechCrunch. As its name suggests, San Francisco-based Capbase claims it can update a company
Venture CapitalHowdy Extends Series A by $5 Million, Bringing Total to $18 Million Following a Full Rebrand
The rebrand comes as the company marks a 246% increase in year-over-year revenue growth and $105 million valuation AUSTIN, Texas , Jan. 10, 2023 -- Howdy , the Latin American (LATAM) hybrid workforce company formerly known as Astro, toda
ColumnJosh Bersin:HR Technology 2023: What’s Hot? What’s Not?
The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has more than 80 different employee-facing syste
Company NewsDeel announced the creation of the Deel Global Jobs Lab
According to the Deel blog, Deel announced the creation of a new research and policy arm of Deel, the Deel Lab for Global Employment. The lab will bring experts and data together to enhance the discussion around global employment policy. Pl
FundingGrata announces $6m in seed funding and new executive team for first-ever online recognition platform for frontline employees
Online platform recognizes extraordinary experiences to foster meaningful interactions and build strong reputations for service among brands DALLAS , Dec. 15, 2022 Grata , the first-of-its-kind online platform for consumers to convey re
NewsUpwork Study Finds 60 Million Americans Freelancing in 2022
Total freelance professionals reaches all-time high as people reevaluate the old ways of work SAN FRANCISCO-- Upwork (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today released the results
ColumnBest 20 HR Podcasts of 2023
This post is originally published on mirro.io As the end of the year is rapidly approaching, you must be caught up in drafting budget provisions and outlining the strategy for the next year. There are a lot of resources available to HR and
Venture CapitalUplinq Secures $5.6 Million In Seed Funding To Revolutionize Automated Bookkeeping And Financial Intelligence For SMBs
Proprietary technology and interactive financials give small to medium-sized businesses the actionable insights they need to save thousands on monthly expenses SCOTTSDALE, Ariz. , Dec. 8, 2022 -- Uplinq, the tech-powered company that prov
Venture CapitalTeamed Raises $3.6M In Seed Round To Democratise Work-from Home Opportunities
Teamed , a UK-based HRTech startup focused on ‘work from home’, recently announced that it has raised £2.5M (USD $3.6 million) in a seed round led by Blackfinch Group alongside Nexus Investments and 1818 Venture Capital. With this new fundr
Company NewsUKG Achieves Record Fiscal 2022, Surpassing Subscription and Revenue Goals
Higher revenue driven by significant increase in new name customer bookings, existing customer cloud migrations across UKG suite LOWELL, Mass., & WESTON, Fla- UKG , a leading provider of HR, payroll, and workforce management solutions for a
Venture CapitalAllWork Announces $4.9 Million Series A Funding Round
Company will use investment to expand its freelancer payment platform to respond to the increased demand for new software, compliance and payment solutions driven by the shift to flexible work. NEW YORK , Dec. 1, 2022 -- AllWork , the end
Company NewsWorkday Announces Fiscal 2023 Third Quarter Financial Results
Fiscal Third Quarter Total Revenues of $1.60 Billion , Up 20.5% Year Over Year Subscription Revenues of $1.43 Billion , Up 22.3% Year Over Year 24-Month Subscription Revenue Backlog of $8.62 Billion, Up 21.1% Year Over Year Total Subscr
Company NewsOnShift Adds Industry-Leader Proliant To Network Of Partners For Payroll & HRIS
Cleveland, OH – OnShift , a leader in workforce management software for post-acute care and senior living, today announced a partnership with Proliant , a cutting-edge HR technology provider. Through this partnership, long-term care and sen
Venture CapitalHR Company Deel Completes PayGroup Acquisition
Deel has completed its $AU 121M acquisition of APAC-based payroll and HCM company PayGroup Limited . PayGroup is now part of Deel , a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange. In
Venture CapitalSpain’s Cobee raises $41M for an employee benefits ‘superapp’
Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis. N
EarningsDocebo Reports Third Quarter 2022 Results
TORONTO, ONTARIO - November 10, 2022 - Docebo Inc. (NASDAQ: DCBO; TSX:DCBO) (“Docebo” or the “Company”), a leading artificial intelligence (AI)-powered learning suite, today announced financial results for the three and nine months ended Se
Company NewsUKG Launches Startup Ecosystem for Early Stage Companies
Early-stage companies from around the world with a focus on people and shared vision for Life-work Technology benefit from collaboration and co-creation with UKG UKG , a leading provider of HR, payroll, and workforce management solutions fo
Product NewsThe Global HR Software Market is expected to grow by $11.17 bn during 2022-2026, accelerating at a CAGR of 10.68% during the forecast period
The analyst has been monitoring the HR software market and it is poised to grow by $11.17 bn during 2022-2026, accelerating at a CAGR of 10.68% during the forecast period. Our report on the HR software market provides a holistic analysis,
Venture CapitalUKG Acquires Workforce Planning Startup
LOWELL, Mass. & WESTON, Fla. —- UKG Inc. , a leading provider of HR, payroll, and workforce management solutions for all people, today announced the acquisition of Quorbit , a U.K.-based startup specializing in long-term workforce plannin
ESGTriNet Releases 2022 Environmental, Social and Governance Report
DUBLIN, Calif. , Nov. 3, 2022 TriNet (NYSE: TNET), a leading provider of comprehensive human resource solutions for small and medium-size businesses (SMBs), today announced the release of its 2022 TriNet Environmental, Social and Gover
EarningsPaylocity Announces First Quarter Fiscal Year 2023 Financial Results
Q 1 2023 Recurring & Other Revenue of $245.4 million, up 36% year-over-year Q 1 2023 Total Revenue of $253.3 million, up 39% year-over-year SCHAUMBURG, Ill., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation
EarningsPaycor Announces First Quarter Fiscal Year 2023 Financial Results
Q1 Total revenue of $ 118.3 million, an increase of 28% year-over-year, while delivering increased profitability Q1 Recurring revenue of $ 114.2 million, an increase of 24% year-over-year, driven by continued strong demand Raises F
Venture CapitalHRSaaS GoCo.io Raises $15 Million
Houston, Texas – GoCo.io, the leading provider of flexible software solutions for HR, benefits, and payroll, today announced a $15 Million funding round led by ATX Venture Partners in September. This brings the total recent investment to $
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