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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Tech startup Qualifi Raises $4.5M with a mission to transform High-Volume Hiring
May 17, 2023 Qualifi , the enterprise solution for high-volume hiring, today announced it has received $4.5M in funding to accelerate the company into a new growth phase of development. The financing round was co-led by m]x[v Capital and
Venture CapitalVideo interview and Hiring Event platform Raises $1.1M Seed Round
May 16, 2023/--Today, Withe , the on-demand video interview and virtual hiring event platform that aims to solve volume hiring challenges for enterprise hospitality staffing and recruiting teams, announced the close of its $1.1M USD pre-se
Company NewsDeepBrain AI Launches AI Interview
New SaaS service streamlines the hiring process with generative AI PALO ALTO, Calif. , May 16, 2023 -- Today, DeepBrain AI, a deep-learning based video synthesis startup company and innovator of AI-generated Virtual Humans, announced A
EarningsRecruit Holdings released the 4th Quarter and Fiscal Year 2022 Financial Results
May 15, 2023/--Recruit Holdings just released their 4th quarter and FY 2022 financial results. Revenue for Q4 FY2022 increased 6.2%. On a US dollar basis, revenue decreased 6.7%. The supply and demand mismatch between job seekers and employ
Venture CapitalHireVue Acquires Modern Hire to Transform the Global Talent Experience
SALT LAKE CITY, UTAH May 9, 2023 — HireVue , the global leader in video interviewing, assessments, and text-enabled recruiting solutions, today announced it has acquired Modern Hire, the intelligent hiring platform. The acquisition of M
Product NewsLinkedIn Adjusts China Strategy: Cuts Jobs and Phases Out InCareer App Amid Competition
LinkedIn, the Microsoft-owned professional networking platform, has announced that it will be cutting 716 jobs and phasing out its local jobs app, InCareer, in China. The decision comes in the wake of "fierce competition and a challenging m
Venture CapitalA Technical Hiring Platform London-based hackajob Raises $25M in Series B Funding
hackajob , a London, UK-based provider of a technical hiring platform, raised $25M in Series B funding. The round was led by Volition Capital , with participation from existing investors AXA Venture Partners and Foresight. The company inten
AcquisitionVeriforce Transforms Its Global Workforce Management Capabilities with the Acquisition of Global Worker Pass
HOUSTON TX – May 3, 2023/-- Veriforce , the industry’s fastest-growing provider of supply chain risk and compliance management solutions, has announced the acquisition of Global Worker Pass , an innovative software solution designed to stre
Company NewsRecruitics Launches Fusion, the New Quality Applicant Delivery Platform
Recruitics , the leader in programmatic advertising and analytics for recruitment, has unveiled Fusion, an end-to-end talent conversion, engagement, and screening platform. Fusion seamlessly integrates a conversion-optimized candidate exper
Venture CapitalGigs Secures $2.7 Million in Pre-Seed Funding to Connect Companies to Job Seekers Looking for Hourly Roles in Their Neighborhood.
LOS ANGELES – May 1, 2023 – Gigs , the job platform that connects companies to job seekers looking for hourly jobs in their neighborhood, announced today the company’s official launch of its employer portal to help retailers, food and bev
Venture CapitalCV Wallet, the Skills-based Hiring Platform that Harnesses the Latest Web3 and AI Technologies, Raises $1.1 million in Angel investment
The start-up secured the funding in just two weeks, with the oversubscribed round closed early, following overwhelming interest. This is despite a tech funding crisis, which may last into 2024 according to experts. The round has been suppor
Venture CapitalNew Jersey-based True Acquires First and Leading Diversity & Inclusion Tech Company Jopwell
Jopwell Joins True Platform Companies AboveBoard and True Search in Mission to Address Diversity at Every Stage of the Recruitment Lifecycle NEW YORK, N.Y. - April 27, 2023 - True , the premiere global platform of innovative talent manageme
ColumnLINKEDIN REVENUE UP 10% IN FISCAL Q3 AS MICROSOFT CEO REPORTS RECORD ENGAGEMENT
LinkedIn revenue rose 10% in constant currency to more than $3.70 billion; the increase was 8% on a reported basis. Microsoft Corp., which owns LinkedIn, reported earnings on Tuesday for its fiscal third quarter ended March 31. “We once aga
Company NewsCodeSignal Takes Technical Hiring To New Heights With Enhanced Scoring System And Revolutionary AI Insights
CodeSignal , the leading technical interview and assessment solution, announced Coding Score 2023 and custom AI-generated insights to revolutionize the way companies evaluate skills and approach technical hiring. Coding Score 2023 leverages
Product NewsManpowerGroup Reports 1st Quarter 2023 Result
Revenues of $4.8 billion (-8% as reported, -2% constant currency (CC)) Gross profit margin of 18.2%, up 80 basis points year over year reflecting continued strong pricing discipline and increased outplacement activity in Right Management Ma
Company NewsJobs Platform LaborX Will Use SingularityNET's AI Tools To Automate Recruitment Process
Blockchain-powered recruitment platform LaborX has announced a partnership with the SingularityNET AI solutions developer to automate job search and hiring processes. LaborX, which is a product of Australian company Chrono.tech, will use S
Venture CapitalTalent Screening Provider Fama Acquires California-based Social Intelligence to Deliver Most Comprehensive Online Screening Solution for Helping Employers Hire Quality Candidates
APRIL 18, 2023/--Today, Fama , the innovator in online screening that makes hiring great people easy, is announcing the strategic acquisition of Social Intelligence to help companies mitigate workplace misconduct and grow their teams wit
Product NewsClearCompany Invests in Global Talent Marketplace Growmotely
ClearCompany , the talent management platform that empowers HR to maximize talent throughout the employee lifecycle, today announced a strategic investment in Growmotely , the only global marketplace for professional talent seeking longer-
Venture CapitalLondon-based Spotted Zebra Raises $1.8M in Seed Funding
Spotted Zebra , a London, UK-based workforce management startup, raised $1.8M in Seed funding. The round was led by Playfair Capital, with participation from Entrepreneur First. The company intends to use the funds to expand operations and
Company NewsMitratech Acquires Circa and Trakstar, Unifying Top Technology Platforms Through Continued Investment in HR Compliance & Talent Strategy
April 11, 2023/-- Mitratech , a leading global provider of legal, compliance, and HR software, today announces the expansion of its Human Resources portfolio of solutions through the acquisition of two technology companies: Circa , a market
Venture CapitalAn AI-powered Recruitment Software Startup Engin Sciences Raises $2.5M in Seed Funding
Innovative recruitment software startup targets America's fastest-growing industry: cannabis NEW YORK, April 06, 2023 -- Engin Sciences Inc. ("engin"), an AI-powered recruitment software startup, today announced a $2.5 million seed funding
Venture CapitalRadancy Acquires Ascendify, Strengthening Its Talent Acquisition Cloud with Advanced CRM Capabilities
Summary: Radancy, a global leader in talent acquisition software, has announced the acquisition of Ascendify, thus bolstering its Talent Acquisition Cloud with advanced candidate relationship management capabilities. The acquisition is inte
Company NewsComeet ATS Launches Powerful and Industry-Leading Recruiting AI Assistant
We know, we know. It seems like everywhere you turn, conversations (and questions) around Chat GPT and AI are emerging, especially around AI within Applicant Tracking Systems (ATS). Will it replace human jobs? Will it change industries fore
Company NewsPhenom Unveils Generative AI for Human Resources and 18 New Innovations at IAMPHENOM
PHILADELPHIA – March 31, 2023 – During its IAMPHENOM Product Innovation Keynote, Phenom announced Experience+ (X+), a new platform-wide generative AI capability that bolsters efficiencies by automating content creation, surfacing action
Company NewsRecruitics Launches its Automated Marketing Platform (AMP) for Staffing and Direct Employers
MARCH 30, 2023/-- Recruitics , the data-driven recruitment marketing agency, is excited to announce that its Automated Marketing Platform (AMP) has completed its beta phase and is now in production release for all customers and companies, i
Company NewsDeel and Zapier Partner to Make Global HR Admin Work Easier
MARCH 30, 2023/-- Deel is a privately-held payroll and compliance provider based in San Francisco, California. The company provides hiring and payments services for companies hiring international employees and contractors. Over the past fe
HR TechnologyMagnit 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
ColumnScottsdale-based Paradox Launches Industry-First Conversational ATS for High-Volume Hiring
SCOTTSDALE, Ariz. — (March 22, 2023) — Paradox , the conversational hiring software helping global employers like Unilever , Nestle , L’Oreal , CVS Health , and General Motors transform hiring with automation that gets recruiting work done
Venture CapitalLondon-based Pearson Closes Acquisition of PDRI
Acquisition to significantly expand Pearson’s services to U.S. Federal Government March 23, 2022, London – Pearson today announces it has completed the acquisition of Personnel Decisions Research Institutes, LLC (‘PDRI’), a trusted pro
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
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