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Venture Capital

Oyster Raises $59M Series D to Democratize Access to Global Job Opportunities

Oyster® ,a leading global employment platform, has secured $59M in Series D funding led by Silver Lake Waterman. This investment will accelerate Oyster's roadmap, enhance compliance capabilities, and expand its suite of services including g

Sep 4, 2024
Product News

Aon Advances Data and Analytics Capabilities for Human Capital Clients with Launch of Integrated Radford McLagan Compensation Database

Aon plc   has unveiled its   Radford McLagan Compensation Database,  a comprehensive platform that integrates the company's extensive compensation and talent insights across various sectors including financial services, life sciences, and t

Aug 29, 2024
Company News

UKG Labs Ecosystem Doubles in Size, Adds Nine New Startups

UKG has announced that its UKG Labs, an in-house global startup ecosystem and virtual laboratory, has expanded to include 20 companies. This program accelerates innovation for the frontline workforce by supporting early-stage companies that

Aug 26, 2024
Product News

Paychex Announces Employee Engagement Solution

Paychex, Inc. , has launched Paychex Flex® Engage, a comprehensive employee engagement platform designed to enhance collaboration and performance management across diverse workforces. This solution integrates features such as employee engag

Aug 13, 2024
Company News

Netchex Launches Community: An Employee Recognition & Engagement Platform to Build Team Cohesion

Netchex has launched Community, an innovative employee recognition and engagement platform aimed at boosting morale and fostering connections within organizations. Integrated into the Netchex application, Community offers features like pers

Aug 6, 2024
Product News

Awardco Launches External Recognition, An Employee Rewards and Recognition Innovation Built for Customer-Facing Teams

Awardco  , a leader in employee recognition and rewards, has launched a new feature called External Recognition. This innovation allows customers, vendors, partners, or any third-party to recognize employee efforts in real-time, enhancing a

Aug 6, 2024
Company News

Paylocity Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results

Paylocity announced strong financial results for Q4 and FY 2024, with notable increases in revenue and profitability. Q4 2024 saw a 16% rise in total revenue to $357.3 million and a 15% rise in recurring revenue to $324.7 million. For FY 20

Aug 1, 2024
Product News

Fiverr Shows Its Transformation From a Services Marketplace to a Hiring Platform With Its 2024 Summer Product Release

Fiverr is expanding its platform from a services marketplace to a comprehensive hiring solution with its new summer product release. This includes deeper AI integration with Fiverr Neo, a new professions catalog, hourly rate options, and sa

Jul 23, 2024
Product News

ERIN Launches Cutting-Edge Employee Recognition Platform to Boost Employee Retention & Company Culture

ERIN has launched a cutting-edge Employee Recognition Platform designed to enhance employee retention and company culture. This innovative platform integrates peer-to-peer recognition, automated rewards, and gamification to create an engagi

Jun 27, 2024
Venture Capital

Chime Financial's $173 Million Acquisition of Salt Labs: A Step Towards IPO Ambitions

Chime Financial has acquired Salt Labs to enhance financial progress for everyday Americans. Both companies aim to empower employees by leveraging the Chime platform. Jason Lee, CEO of Salt Labs, will lead the new Chime Enterprise unit to d

Jun 26, 2024
News

Bonusly Launches Performance Enablement Solution to Cultivate High-Performing Organizations

Bonusly has launched Bonusly Achieve, a new performance enablement solution designed to modernize and enhance traditional performance management processes. By integrating peer feedback, collaborative meeting agendas, AI-powered notes, and c

Jun 24, 2024
Company News

WorkTango Appoints Monique McDonough as Chief Executive Officer

AUSTIN, Texas, June 03, 2024- WorkTango , an award-winning employee experience platform, today announced the appointment of Monique McDonough as Chief Executive Officer. McDonough, who previously served as Chief Operating Officer at WorkTan

Jun 3, 2024
Company News

Leadership, benefits, and technology risks top of mind for risk and HR professionals surveyed by Mercer and Marsh

The US People Risk 2024 Report by Mercer and Marsh, businesses of Marsh McLennan, highlights the top people risks identified by over 1,000 risk and HR professionals nationwide. The report reveals that ineffective leadership, improper reward

May 23, 2024
Product News

Rippling Launches Performance Management

SAN FRANCISCO, May 08, 2024  -- Rippling , the leading unified workforce management platform, today launched  Performance Management . With Performance Management, Rippling customers can run global performance review cycles with 360º feedba

May 8, 2024
Company News

New Generation of AI Platforms Set to Revolutionize the $200 Billion HR Technology Market, Says Josh Bersin Company

The Josh Bersin Company has unveiled a significant shift in HR technology with the rise of Enterprise Talent Intelligence systems. These AI-driven platforms, moving beyond mere talent acquisition, now encompass career development, leadershi

May 7, 2024
Venture Capital

ITA Group acquires Cooleaf to form industry-leading employee engagement solution

ITA Group, a leader in employee engagement solutions based in West Des Moines, Iowa, has announced the acquisition of Cooleaf, an innovative recognition and rewards SaaS platform, on April 2, 2024. This strategic move enhances ITA Group's o

Apr 2, 2024
Venture Capital

Modal Announces $25 Million Series A to Upskill Employees in AI

Modal, a premier skills development platform specializing in data and analytics training, has successfully secured a $25 million Series A funding led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital

Apr 2, 2024
Company News

Salt Labs Offers Lifeline to Employees Left Adrift by Blueboard’s Sudden Shutdown

In an unexpected turn of events that has sent ripples through the HR industry, Blueboard, a prominent experiential employee recognition platform based in San Diego, announced its abrupt shutdown on March 12, 2024. This sudden closure left h

Mar 18, 2024
Venture Capital

Paylode's Leap in Miami: Harnessing $5.5 Million Seed Round for Perks Innovation

Paylode , a Miami-based startup, has raised a $5.5 million seed round to enhance its perks-as-a-service platform. The company provides tools for businesses to launch and manage customer perks programs efficiently. It aims to improve custome

Mar 15, 2024
Venture Capital

Vivup and Perkbox to Combine, Creating a World-Class, All-in-One Employee Wellbeing, Benefits and Engagement Platform

Vivup and Perkbox, leaders in employee wellbeing and benefits, have announced a merger with strategic investment from Great Hill Partners. This collaboration aims to create a top-tier platform for employee benefits and engagement, enhancing

Mar 15, 2024
Company News

Paylocity Surges with $326.4M Revenue in Q2 FY2024: A Glimpse into Cloud HCM's Expanding Market Dominance

Q 2   2024  Recurring & Other Revenue of  $298.4 million ,  up   16%  year-over-year Q 2   2024  Total Revenue of  $326.4 million ,  up   20%  year-over-year SCHAUMBURG, Ill, Feb. 08, 2024  Paylocity Holding Corporation (Nasdaq: PCTY), a le

Feb 8, 2024
Company News

BambooHR® Expands All-In-One HRIS With New Employee Community and Total Rewards

BambooHR®, a leader in cloud-based human resource solutions, has unveiled two innovative tools: Employee Community and Total Rewards. These offerings aim to revolutionize internal communication and compensation understanding within organiza

Feb 1, 2024
Venture Capital

Compa's $10M Series A Funding Led by Storm Ventures: Pioneering the Future of Real-Time Compensation Data

Compa, a leading provider of real-time compensation market data, recently secured $10 million in Series A funding, led by Storm Ventures. This investment is a testament to Compa's innovative approach to compensation intelligence, which devi

Jan 29, 2024
Company News

Paylocity: Pioneering AI Integration in Cloud-Based HR Solutions

Paylocity , a prominent player in cloud-based HR and payroll software, is revolutionizing the HCM industry with its advanced AI capabilities. The latest enhancements focus on optimizing workforce schedules, creating tailored learning plans,

Jan 17, 2024
Venture Capital

Beqom Acquires PayAnalytics: Pioneering the Future of Pay Equity and Total Compensation

Beqom, a leader in compensation and performance management, acquires PayAnalytics, a pioneer in pay and workplace equity software. This strategic move responds to the increasing demand for pay equity and transparency, combining advanced pay

Dec 12, 2023
Venture Capital

Engagedly's Strategic Takeover of theEMPLOYEEapp Enhances Deskless Workforce Connectivity and Growth

Engagedly has strategically acquired theEMPLOYEEapp to revolutionize how companies communicate with their deskless workers. By harnessing AI-powered talent management, this move aims to streamline internal communications, bolster remote eng

Nov 9, 2023
Venture Capital

Enable Powers Up with $120M Series D Funding to Revolutionize Rebate Management

Enable has secured a substantial $120M in Series D funding, placing its valuation at $1.12B, as it continues to revolutionize rebate management in the global supply chain. Emphasizing the simplicity and strategic importance of rebates, Enab

Nov 7, 2023
Product News

Salary.com Acquires CompXL, The Enterprise Compensation Planning Leader

Salary.com, a leading provider of compensation management software and data solutions, has expanded its offerings by acquiring HCR Software. This move integrates CompXL's incentive compensation planning software into Salary.com's existing s

Nov 7, 2023
Earnings

Paylocity Announces First Quarter Fiscal Year 2024 Financial Results

Q 1   2024  Recurring & Other Revenue of  $291.7  million,  up   19%  year-over-year Q 1   2024  Total Revenue of  $317.6  million,  up   25%  year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le

Nov 3, 2023
Company News

Meet 'Vee': Visier's AI Assistant That Democratizes Workforce Insights

Visier, a global leader in people analytics, made significant announcements at the annual HR Technology Conference. The company introduced its vision for Systemic HR, a unified HR model powered by connected data. Visier also unveiled 'Vee,'

Oct 11, 2023
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