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HR Technology

Magnit Announces Skills-Based Advisory Services To Redefine Approach To Talent Sourcing And Retention

Magnit , the industry-leading Integrated Workforce Management (IWM) platform provider, today announced that it has added new skills-based advisory services to its flagship platform to support a more strategic approach to hiring that focuses

Mar 28, 2023
Venture Capital

Toronto-based System-3 Raises CAD$3.6M in Seed Funding to Help Enhance its Software for Selecting Leadership Candidates

TORONTO – February 22,2023  – System-3 , a startup that empowers companies to objectively identify and evaluate current and emerging leadership talent, today announced it has raised CAD$3.6 million in seed funding. The investment was led by

Mar 24, 2023
Venture Capital

Workera closes $23.5m Series B financing, establishing itself as a leader in Skills Intelligence

PALO ALTO, Calif. ,  March 23, 2023 / -- Workera , an industry-leading skills intelligence platform, announced today that it has closed a  $23.5m  Series B financing led by  Jump Capital  with participation from existing investors  NEA ,  O

Mar 23, 2023
Wellbeing

Paychex Charitable Foundation to Donate $1 Million to Mental Health America

ROCHESTER, N.Y. ,  March 22, 2023  -- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that  Mental Health America

Mar 22, 2023
Product News

Gravie Secures $179 Million Financing to Expand Innovative Health Benefits Plans for SMEs

MINNEAPOLIS ,  March 21, 2023 -- Gravie, one of the fastest growing employer health benefits companies in the United States , announced today that General Atlantic, a leading global growth equity investor, will anchor a  $179 million  equit

Mar 22, 2023
Venture Capital

Rain Instant Pay Closes Historic Funding, $116M Total in Series A

Rain , a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A wit

Mar 21, 2023
Company News

Beisen, China's Leading Cloud HCM Provider, Passes HKEX Hearing, Preparing for Main Board Listing

March 20, 2023 - Beisen Holding Limited ("Beisen"), a Beijing-based company, announced that it has successfully passed its listing hearing on the Hong Kong Stock Exchange (HKEX). Following the hearing, the company unveiled its prospectus an

Mar 21, 2023
Opinion

Rippling's Swift Crisis Management: A Lesson in Resilience and the Importance of Reliable Partners

In the ever-evolving world of business, a company's ability to adapt and overcome challenges is crucial for long-term success. Recently, Rippling, a workforce management company, found itself in the midst of a financial crisis when Silicon

Mar 18, 2023
Venture Capital

Rippling Attracts $500M Series E Investment from Greenoaks, Upholding $11.25 Billion Valuation Seen in Previous Round

Rippling raises $500M in Series E financing Rippling has raised $500M in a round led by Greenoaks. The round values the company at $11.25 billion, the same as the company’s Series D financing in May 2022. This was an unusual round, raised i

Mar 17, 2023
Company News

HireQuest Reports Financial Results for Fourth Quarter 2022

Q4 2022 Royalty Revenue Grows 26.4% YoY to $7.7 million Q4 2022 Net Income from Continuing Operations Increases 21.0% YoY to $2.6 million GOOSE CREEK, SC / ACCESSWIRE / March 16, 2023 /  HireQuest, Inc. (Nasdaq:HQI), a national franchisor o

Mar 16, 2023
Earnings

DocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products

DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO ,  March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce

Mar 9, 2023
Company News

Paychex Wins 2023 Stevie Award for ERTC Service

Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has won a bronze Stevie ®  Awardfor the company’s Employee Retention Tax Credit (ER

Mar 6, 2023
Venture Capital

Mercer acquires Leapgen, furthering investment in digital HR strategy market

Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of  Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran

Mar 2, 2023
Venture Capital

Analytics Automation Platform Savant Labs Secures $11M Funding to Ease Operational Analytics with Drag-and-Drop No-code, Low-code Analytics Automation

Fueled by the investment, Savant Labs Innovates on Self-service Analytics Automation in the Cloud with a Unique Drag-and-Drop No-code, Low–code Approach SAN MATEO, Calif ,  March 1, 2023 -- Savant Labs ( savantlabs.io ), the automation plat

Mar 1, 2023
Column

Workday Announces Fiscal 2023 Fourth Quarter and Full Year Financial Results, Fourth Quarter Total Revenues Up 19.6% Year Over Year to $1.65 Billion,

Fiscal Fourth Quarter Total Revenues of  $1.65 Billion , Up 19.6% Year Over Year Subscription Revenues of  $1.50 Billion , Up 21.7% Year Over Year 24-Month Subscription Revenue Backlog of  $9.68  Billion, Up 21.3% Year Over Year Total Subsc

Feb 27, 2023
Venture Capital

Atlanta Staffing Startup LaborWorx Raises $4.2 Million to Revolutionize the Way Companies Find, Hire, and Pay Skilled Workers

ATLANTA ,  Feb. 22, 2023  -- LaborWorx , a tech-enabled staffing startup that helps construction and manufacturing companies connect with on-demand workers, has raised $4.2 million   to continue its mission of solving the skilled worker sho

Feb 22, 2023
Earnings

AMN Healthcare Announces Fourth Quarter and Full Year 2022 Results, Revenue Falls 17% in Q4 with Decline in ‘Nurse and Allied Solutions,’ Revenue up in Other Segments

Quarterly revenue of  $1.13 billion , 4% above high end of guidance; GAAP EPS of  $1.88  and adjusted EPS of  $2.48 DALLAS, Feb. 16, 2023 -- AMN Healthcare Services , Inc. (NYSE: AMN), the leader and innovator in total talent solutions for

Feb 16, 2023
Venture Capital

Paris-based Brigad Raises $30 Million for its Freelancer Marketplace for Hospitality and Care Workers

French startup Brigad just raised a new $30 million funding round (€28 million) as well as more than $5 million in debt. The company operates a marketplace for restaurants, caterers, private clinics, retirement homes and hospitals so that t

Feb 16, 2023
Earnings

TriNet Announces Fourth Quarter and Fiscal Year 2022 Results, 8% Growth in Total Revenues to $4.9 billion for Fiscal Year 2022

9%  Growth in Professional Service Revenues for the Fourth Quarter of 2022 18%  Growth in Professional Service Revenues to  $754 million  for Fiscal Year   2022 8%  Growth in Total Revenues to  $4.9 billion  for Fiscal Year   2022 11%  Grow

Feb 15, 2023
Earnings

Recruiting Holdings Announces Third Quarter Fiscal Year 2022 Financial Results, with Total revenue of $6.7 Billion

TOKYO, JAPAN (Feb. 13, 2023) - Recruit Holdings Co., Ltd. ("Recruit Holdings" or the "Company") today announced its consolidated financial results for the nine months ended December 31, 2022 (April 1, 2022 to December 31, 2022) Consolidated

Feb 13, 2023
Venture Capital

The Panther Group Acquires Wisconsin-Based Managed Service Provider, Enterforce

MAYNARD, Mass. ,  Feb. 8, 2023 -- The Panther Group (Panther) , a  Massachusetts -based full-service staffing and recruiting firm, has acquired Enterforce, Inc. (EFI) , a  Wisconsin -based Managed Service Provider (MSP), in a stock purchase

Feb 8, 2023
Earnings

Paycor Announces Second Quarter Fiscal Year 2023 Financial Results,  Total Revenues up 29% Year-over-year to $132.9 Million

Q2  Total revenues of $ 132.9  million,  an increase  of  29%  year-over-year, while expanding margins Q2 Recurring revenue of $ 125.0  million, an increase of  22%  year-over-year, and the fifth consecutive quarter of achieving our long-te

Feb 8, 2023
Venture Capital

Future of Work Startup ChangeEngine Announces $5.5 Million Seed Funding to Scale Employee Experience Platform

Workplace technology solution expands to deliver the next generation of creator tools for the employee experience. SAN FRANCISCO ,  Feb. 7, 2023  -- Today, ChangeEngine , the innovative workplace technology solution that enables companies t

Feb 7, 2023
Venture Capital

ShiftMed, a US Based W-2 Healthcare Workforce Management Platform, Raises $200M to Drive Expansion of Leading Digital Health Care Labor Marketplace

With 8x growth in two years, ShiftMed secures capital to accelerate its mission of revolutionizing access to healthcare workers MCLEAN, VA - February 6, 2023 – ShiftMed , one of the largest W-2 healthcare workforce management marketplaces,

Feb 6, 2023
Earnings

Paylocity Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenue up 39% Year-over-year to  $273.0 million

Q 2   2023  Recurring & Other Revenue of  $256.4  million,  up   31%  year-over-year Q 2   2023  Total Revenue of  $273.0  million,  up   39%  year-over-year SCHAUMBURG, Ill., Feb. 02, 2023 -- Paylocity Holding Corporation (Nasdaq: PCTY), a

Feb 2, 2023
Venture Capital

Employment & Labor Law Compliance Technology Company VirgilHR Closes $1.5 Million Pre-Seed Funding Round, Backed by Squadra Ventures, Techstars, SHRMLabs, and TEDCO

GAITHERSBURG, Md. ,  Feb. 2, 2023 -- Employment and labor law compliance technology company VirgilHR announced the closing of  $1.5M in pre-seed funding with backing from Squadra Ventures, Techstars,  SHRMLabs , and  TEDCO . Through its web

Feb 2, 2023
Venture Capital

Talent Acquisition Platform Tribepad Raises £12M in Funding

Tribepad , a Sheffield, UK-based provider of a software platform to improve the recruitment process, raised £12M in funding from UK and Ireland investor BGF. The company intends to use the funds to expand operations and its business reach,

Feb 2, 2023
Venture Capital

AU Based AI Coach creator Fingerprint for Success (F4S) raises AU$5 Million in Seed Round

$5M  seed round led by Investible;  $9M  in total funding raised to date Investment to further accelerate product development in Generative AI Coach 'Marlee', the powerful behavioral change app embraced by Canva, Atlassian, KPMG and Baraja

Jan 31, 2023
Earnings

ManpowerGroup Reports 4th Quarter 2022 Results

Revenues of  $4.8 billion  (-11% as reported, -1% constant currency (CC)) Gross profit margin of 18.2%, up 100 basis points year over year reflecting business mix progress and solid permanent recruitment trends Talent Solutions experienced

Jan 31, 2023
Company News

AI Job Interview Chatbot Provider Sapia.ai Releases Talent Intelligence Product Empowering Large Companies to Hire Without Resumés

MELBOURNE, Australia ,  Jan. 30, 2023 -- Sapia.ai , the creator of the world's first AI Smart interviewer ,  has released a new iteration of its market-leading Talent Insights product –  a full-fledged talent intelligence solution that comp

Jan 30, 2023
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