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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Upwork Reports Fourth Quarter and Full Year 2022 Financial Results, Fourth-quarter Revenue up 18% Year-over-year to $161.4 Million
SAN FRANCISCO, Feb. 15, 2023 -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced its financial results for the f
Company NewsOutbound Recruiting Platform hireEZ Announces GPT3-Powered Platform Feature for Candidate Outreach
MOUNTAIN VIEW, Calif. , Feb. 15, 2023 -- hireEZ , the end-to-end outbound recruiting platform, today announced it will offer generative AI functionality in a product release slated for March 9 . The update will leverage the Generative Pr
Venture CapitalWorkday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation
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 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 CapitalCAVU HCM Acquires Two Payroll Service Companies Continuing its Accelerated Growth
PEORIA, Ill. , Feb. 2, 2023 -- Today, CAVU Human Capital Management (HCM), an emerging provider of technology, payroll, human resources, and workforce management solutions, announced it has acquired ABCS Payroll located in DuBois, Penn
Company NewsMicrosoft Teams Premium: Cut costs and add AI-powered productivity
Modern tools powered by AI becomes a new possible outlet for organizations to boost individual, team, and organizational-level productivity and bring changes to adapt economic uncertainties. Microsoft announces that their new, AI-powered ca
Venture CapitalHeidrick & Struggles Closes Acquisition of Atreus in Germany, Expanding its On-Demand Talent Footprint
Transaction advances long-term growth and diversification strategy to capture accelerating global opportunities in the on-demand talent market CHICAGO , Feb. 1, 2023 -- Heidrick & Struggles ("the Company"), a premier provider of global l
Venture CapitalTask Management, Inc Staffing Group is Acquired and Becomes a Key Part of the Fast-Growing Jobsquad Staffing Solutions Nationwide Network
Parent Group JobSquad Family of Workforce Solutions, owned by Indiana -based PE Group Hoosier Investments, adds to their U.S. Staffing Portfolio to Meet Nationwide Demand. Task Management is headquartered in Ridgefield, Connecticut , and
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
Company NewsEnboarder Announces Integration with Equifax to Enhance Onboarding Experience
Strategic alliance will bring I-9 and WOTC management capabilities to the Enboarder platform AUSTIN, Texas , Jan. 26, 2023 -- Enboarder , a leading employee communication and workflow platform, today announced a new strategic alliance wit
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%
EarningsQualtrics Announces Fourth Quarter and Full Year 2022 Financial Results, Total Revenue up 23% Year Over Year to $389.1M,
Full Year 2022 total revenue of $1,458.6M, up 36% year over year Q4 2022 total revenue of $389.1M, up 23% year over year Full Year 2022 subscription revenue of $1,223.7M, up 41% year over year Q4 2022 subscription revenue of $327.6M, up 26%
Company NewsDistribution Center Technology Provider Lucas Systems Announces New Warehouse Technology To Serve A Gen Z Workforce
WEXFORD, Pa. , Jan. 25, 2023 -- Distribution center technology provider Lucas Systems announced today its rollout of new technologies promising productivity, comfort and ease of use to a Gen Z warehouse workforce of the future. The technol
Venture CapitalDailyPay Announces $260 Million in New Funding
NEW YORK -- DailyPay , a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided be
FundingGrazzy Raises $4.25M to Power Hospitality's Future of Digital Tips, Same Day Pay and Financial Wellness for Hourly Workers
As cashless payments become the norm, Grazzy increases retention and improves the guest experience at hotels, salons, bars and restaurants. AUSTIN, Texas , Jan. 23, 2023 -- Grazzy , a next-gen employee payments platform, announces $4 .25M
Company NewsUS-based company hireEZ's Award-winning Platform Dominates the Market in 2022, Fueled by Helping Companies Meet Hiring Goals
MOUNTAIN VIEW, Calif. , Jan. 18, 2023 -- hireEZ , the only end-to-end Outbound Recruiting Platform, announced strong 2022 performance and multiple industry accolades for its success in supporting companies through challenging shifts in hi
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
Venture CapitalShiftkey, a US Technology Company Transforming Future of Work, Earns $2 Billion Valuation Following Capital Raise
DALLAS, Texas, January 12, 2023 — ShiftKey , a Dallas-based technology company transforming the future of work by empowering licensed professionals to connect directly with healthcare facilities with open workforce needs, announced today th
Venture CapitalProfessional Diversity Network Acquires Career Fair Company
CHICAGO — Professional Diversity Network, Inc. (NASDAQ:IPDN), a developer and operator of online and in-person diversity talent networks that provides access to networking, training, educational and employment opportunities for diverse indi
Venture CapitalTalent Group Announces Acquisition of Queen Consulting Group
HOUSTON , Jan. 11, 2023 -- Talent Group , a leading national IT staffing company, announced today the acquisition of Queen Consulting Group, a nationally recognized IT staffing and consulting company specializing in healthcare and pharma I
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
Company NewsAmazon CEO Andy Jassy Confirms to Lay off 18,000 Employees
E-commerce giant Amazon has announced that they will lay off about 18,000 employees, due to the impact of the pandemic. The message below was shared with Amazon employees today. As I shared back in November, as part of our annual planning p
Venture CapitalDCI Consulting Group Acquires Gerstco
Acquisition solidifies DCI's position as a leader in the affirmative action industry WASHINGTON , Jan. 4, 2023 -- DCI Consulting Group, Inc. (DCI), a Washington, D.C. -based human resources data analytics and consulting firm, announced it
Venture CapitalDHR Highlights: Acquisitions & Funding News of December
We've gathered the most noteworthy funding and acquisition news in the HR sector of December. We have selected 7 funding news and 3 acquisition news. Among the investment news we selected, 2 companies have become unicorns after the investme
Venture CapitalEvents.com Secures $100M Capital Investment from Global Emerging Markets (GEM) to Accelerate Global Expansion and Growth
Event technology leader Events.com announced today that it has secured a capital commitment of $100 million in the form of a Share Subscription Facility (SSF) from Gem Global Yield LLC SCS (GGY). The SSF will accelerate the company’s growth
AcquisitionDropbox Acquires FormSwift
SAN FRANCISCO--Dropbox, Inc. (NASDAQ: DBX), today announced it has acquired FormSwift, a cloud-based service that gives individuals and businesses a simple solution to create, complete, edit, and save critical business forms and agreements.
Venture CapitalVistage acquires EGN to drive greater business value for nearly 45,000 members worldwide
SAN DIEGO and COPENHAGEN, Denmark , Dec. 16, 2022 -- Vistage Worldwide, Inc. ("Vistage"), the world's largest coaching and peer advisory organization for CEOs and key executives, today announced that it has acquired Denmark -based EGN,
Venture Capitalretrain.ai, Named to Globes' Most Promising Israeli Startups, Reaches Total Funding of $34M, Raising an Additional $14M, Adding AI-focused Radical Ventures to its List of Backers
NYC / December 14, 2022 – retrain.ai , a leading AI-driven Talent Intelligence Platform, has been honored as one of the top 10 most promising startups for 2022 by Globes, as designated by Israel’s premier venture capital firms. The company
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
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