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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Magnit 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
Venture CapitalToronto-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
Venture CapitalWorkera 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
WellbeingPaychex 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
Product NewsGravie 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
Venture CapitalRain 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
Company NewsBeisen, 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
OpinionRippling'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
Venture CapitalRippling 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
Company NewsHireQuest 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
EarningsDocuSign'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
Company NewsPaychex 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
Venture CapitalMercer 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
Venture CapitalAnalytics 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
ColumnWorkday 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
Venture CapitalAtlanta 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
EarningsAMN 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
Venture CapitalParis-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
EarningsTriNet 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
EarningsRecruiting 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
Venture CapitalThe 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
EarningsPaycor 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
Venture CapitalFuture 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
Venture CapitalShiftMed, 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,
EarningsPaylocity 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
Venture CapitalEmployment & 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
Venture CapitalTalent 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,
Venture CapitalAU 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
EarningsManpowerGroup 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
Company NewsAI 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
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