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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Justworks Announces New Chief Executive Officer Michael Seckler
NEW YORK , Nov. 1, Justworks , the HR technology company providing small businesses access to benefits, payroll, HR tools and compliance support, announced that effective today, Michael Seckler will serve as Justworks' new President &
Venture CapitalCloudPay Raises $50 Million and Reports High Growth as Payroll Evolution Continues
LONDON - Expert in global pay solutions, CloudPay, has raised a new $50 million round of capital whilst recording strong growth as demand for cloud-based integrated global payroll and payments services continues. The funds raised were led
Company NewsADP President Maria Black to succeed CEO Carlos Rodriguez, Effective January 1, 2023
ROSELAND, N.J. , Oct. 26, 2022 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors has appointed Maria Black to succeed Carlos Rodrigu
Venture CapitalPaycor Acquires Talenya to Extend Industry-leading Technology Platform with AI Recruiting
Paycor HCM, Inc. ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the acquisition of Talenya, a cutting-edge, AI-driven recruiting platform that automatically sources quality talent
Venture CapitalEmployee Cycle Closes $2.5M Seed Round to Automate HR Reporting Process
Employee Cycle , the leading HR analytics dashboard for small and medium-sized businesses, has closed a $2.5 million seed round of financing, led by Impellent Ventures . The round included participation from Collab Capital , Converge VC
Venture CapitalRemofirst raised the largest Seed round in our industry - $14.1M to make Employer of Record affordable
SAN FRANCISCO —- Remofirst, an employer of record provider, today announced a $14.1 million Seed round – the largest of its kind in the industry. The round was co-lead by two leading fintech investors – Mouro Capital and QED Investors – wit
Company NewsHireology Referrals Now Directly Integrates With 80+ Payroll and ATS Providers
The update empowers customers of Hireology Referrals, formerly EmployUs, to significantly speed up their hiring processes and fill open roles faster CHICAGO , Sept. 8, 2022 /PRNewswire/ -- Hireology — the leading hiring and HR platform fo
Venture CapitalNamely Merges with Vensure Employer Services + PrismHR
NEW YORK — Namely , the leading HR platform for mid-sized companies, today confirmed it has merged with the organization recently created by the combination of Vensure Employer Services and PrismHR. Vensure Employer Services is one of the
ColumnNext Generation HCM: It May Be Closer Than You Think.
But in the meantime, I want to talk about a big topic: Next Gen HCM . What Is Next-Gen HCM? The Human Capital Management (HCM) market is a massive, business-critical market. Going back to the days of mainframe computers, applications like
Company NewsWorkday Announces Fiscal 2023 Second Quarter Financial Results
Fiscal Second Quarter Total Revenues of $1.54 Billion , Up 21.9% Year Over Year Subscription Revenues of $1.37 Billion , Up 22.8% Year Over Year 24-Month Subscription Revenue Backlog of $8.37 Billion , Up 21.7% Year Over Year Total Subsc
Venture CapitalWorkday Ventures: Investing in Changemakers to Meet This Moment
It’s been a difficult few years for our world, and organizations have had to adapt quickly to meet the rapidly evolving needs of their workforces and businesses. Every company has done this differently, but the ones that are succeeding shar
EarningsPaycor Announces Fourth Quarter and Fiscal Year 2022 Financial Results
Q4 Total revenue of $111.0 million, an increase of 26% year-over-year, with expanding margins FY’22 Total revenue of $429.4 million, an increase of 22% year-over-year FY’23 revenue guidance of $510-$516 million, an increase of 20 % year-ov
Venture CapitalLondon-based Ben Raises $16M Series A for the Future of Global Benefits
Today, we are beyond excited to share that we have raised a $16m Series A to continue building the future of global benefits. This fresh funding will enable us to move even faster in making benefits work for everyone, everywhere and bring
Venture CapitalZayZoon Raises $25.5 Million to Expand Its Earned Wage Access Business Across the US
ZayZoon’s earned wage access model never caught on in Canada, but took off south of the border. Earned wage access startup ZayZoon plans to continue its expansion in the United States following its recent $12.5 million CAD equity raise and
Company NewsTriNet Announces Second Quarter 2022 Results
9% Growth in Total Revenues to $1.2 Billion 17% Growth in Professional Service Revenues to $182 million Net Income per Diluted Share of $1.35 and Adjusted Net Income per Diluted Share $1.72 DUBLIN, Calif. , July 26, 2022 /PRNewswire/
Venture CapitalWorkshop raises $5.2M to streamline internal email and communications
OMAHA, Neb. , July 25, 2022 /PRNewswire/ -- Workshop, a delightful platform for distributing and measuring internal email and communications, has raised $5.2 million in additional seed funding. The round was led by McCarthy Capital out
Company NewsManpowerGroup Reports 2nd Quarter 2022 Results
Revenues of $5.1 billion (-4% as reported, +6% constant currency (CC)) Gross profit margin of 18.2%, aided by high levels of permanent recruitment activity Continued strong performance of higher margin brands with significant revenue grow
Venture CapitalPersonio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time
Personio — a startup out of Munich, Germany that styles itself as a Workday and ServiceNow focused on the small and medium businesses of the world — went on a funding tear through the COVID-19 pandemic after its recruiting, payroll, people
ColumnNew Research: Cloud-Based HCM Can Redefine Employee Experience
We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT sy
Venture CapitalRemote Talent Platform Revelo Acquires Mexico’s Largest Tech Talent Marketplace Listopro
With the acquisition of Listopro, Revelo, already the largest platform for sourcing, hiring and managing remote tech talent in US time zones, becomes the undisputed leader in providing US companies access to high-quality Latin American tale
Venture CapitalFinch raises $15M Series A to power the future of connected and programmable employment
At Finch, our mission is to empower innovators to access the global employment ecosystem. Since starting the company in late 2020, we’ve been excited about building a future in which the employment sector is both connected and programmable.
Product NewsADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
ROSELAND, N.J. , June 2, 2022 /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May ADP ® National Employment Report ™ . Broadly distributed to the public each month, free of charge,
Venture CapitalHourly.io Announces $27M Series A
We have some very exciting news to share—we raised $27 million! It’s such an incredible accomplishment for all our team members who worked hard to get us here, and we’re grateful to our new and existing investors who believe in our vision t
Company NewsUKG Names Chris Todd as Chief Executive Officer
Aron Ain transitions to UKG Executive Chair UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced that Chris Todd, president of UKG, has been appointed chief executive officer (CEO), eff
Workday Announces Fiscal 2023 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.43 Billion , Up 22.1% Year Over Year Subscription Revenues of $1.27 Billion , Up 23.2% Year Over Year 24-Month Subscription Revenue Backlog of $7.97 Billion , Up 20.9% Year Over Year Total Subscr
Canadian human resources startup Humi secures $31 million Series B
Human resources tech startup Humi has secured $31 million CAD in a Series B funding round led by Kensington Capital Partners. With a focus on providing HR tech specifically tailored to Canadian companies, Humi is looking to expand its pla
Venture CapitalCompt Raises $13 Million Series A Financing Led by Battery Ventures
BOSTON-- Compt , an employee perk stipend software company optimized for today’s more-flexible workplace, today announced a $13 million Series A investment led by Battery Ventures. The funding comes after a year of rapid growth, nearly 500%
Venture CapitalBranch Raises $75M to Help Contract Workers Get Paid Faster
MINNEAPOLIS, MN — Branch , a leading workforce payments platform, today announced it has closed a Series C funding round totaling $75 million. The round, led by Addition, includes participation from leading global growth equity investor Ge
Venture CapitalPayroll Infrastructure Startup Check Announces $75 Million Series C Led by Stripe
Check, a leading payroll infrastructure startup, recently announced a significant milestone in its growth journey, securing a $75 million Series C funding round. This investment round, led by Stripe, a renowned API technology company specia
Venture CapitalEmployment Hero raises $181M AUD at $1.25B AUD valuation, acquires KeyPay
Human resources platform Employment Hero announced today it has raised $181 million AUD (or about $129 million USD), putting it at unicorn valuation in Australian dollars of $1.25 billion (or about $890 million USD). The round was led by
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