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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Tezi raises $9M to launch Max: the first fully autonomous AI recruiter
Tezi.ai an innovative startup, has raised $9 million in seed funding, led by 8VC and Audacious Ventures, to advance its autonomous AI agent for recruitment, named Max. This AI agent is designed to streamline the end-to-end hiring process, i
Venture CapitalBridgepoint to back LumApps as majority investor for its next stage of growth
LumApps , a French startup known for its "intranet superapp" platform for internal communications and workforce applications, has announced that private equity firm Bridgepoint will acquire a majority stake in a $650 million deal. This tran
Venture CapitalKelly enters agreement to acquire specialty talent solutions company, Motion Recruitment Partners, LLC
Kelly , a leading global talent solutions provider, has announced a significant agreement to acquire Motion Recruitment Partners, LLC (MRP), a specialty talent solutions company. This transformative acquisition aims to bolster Kelly's scale
Product NewsPerceptyx Launches Activate, HR’s Missing Link Between Employee Insight and Impact
Perceptyx has unveiled "Activate," a groundbreaking AI-powered platform, merging insights from employee feedback with actionable strategies through behavioral science. This solution integrates the expertise of Humu into Perceptyx's offering
Venture CapitalVivup 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
Venture CapitalTech Is Human Announces $2.5 Million in New Funding to Tackle Thorny Tech & Society Issues and Expand the Responsible Tech Ecosystem
All Tech Is Human (ATIH) has successfully secured $2.5 million in funding from multiple prominent foundations, including Oak Foundation and Mozilla Foundation, to address complex technology and society issues and foster a comprehensive Resp
EarningsKelly Services Inc (KELYA) Reports Q4 Earnings: Adjusted EBITDA Margin Expands Amidst Flat Revenue
Kelly Services Inc (KELYA) announced its Q4 financial results, highlighting stability with flat revenue at $1.2 billion and significant improvements in profitability. Operating earnings surged by 59% to $7.3 million, and net earnings showed
Company News"Workplacely" Launches to Revolutionize HR with AI-driven Insights, Transforming Workplaces into 'Most Loved Workplaces®'
Workplacely , a groundbreaking HR SaaS tool, launches to transform workplace culture by focusing on employee love and engagement. It's an innovative solution for measuring and enhancing employees' emotional connection to their work and comp
Company NewsADP appoints Thomas J. Lynch as the new Independent Board Chair
Carlos Rodriguez to continue as member of ADP Board of Directors ROSELAND, N.J. , Jan. 10, 2024 ADP , a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors ap
Venture CapitalFinancial Wellbeing Startup Mintago Closes $4.75m Funding Round
Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK. Founded in 2019 by Chieu Cao, the former co-founder and CMO of Perkbox, Mintago helps empl
Company NewsChano Fernandez Takes the Helm as Co-CEO of Eightfold AI: A New Chapter in AI-Driven HR
Chano Fernandez has been appointed as the Co-CEO of Eightfold AI, effective January 2024. Previously, Fernandez led HR's transition into the cloud at Workday, where he served as Co-CEO and helped the company grow from $450M to $6B in revenu
Venture CapitalSailes Secures $5.1M Series A Funding to Automate Sales Prospecting with AI
Sailes , the AI startup revolutionizing sales prospecting with its patent-pending Sailebots, has secured $5.1M in a Series A round led by Lewis & Clark Ventures. This funding propels Sailes to new heights in automating sales activities. Sai
Venture CapitalCommon Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the
Venture CapitalAllseated Raises $20 Million to Further Fuel its Rapid Growth
SAN FRANCISCO, August 15, 2023 — Allseated has announced $20 million funding – including capital from Level Structured Capital (an affiliate of Level Equity), and existing investors, Magma Ventures, Vestech Partners, NYFF, and WGG, to furth
EarningsBGSF, Inc. Reports Growth in both Pofessional Staffing and Real Estate Divisions in its Second Quarter 2023 Financial Results
Aug 10, 2023 -- BGSF , Inc. (NYSE: BGSF), a growing provider of consulting, managed services and professional workforce solutions, reported financial results for the second quarter ended July 2, 2023. Beth A. Garvey, Chair President and CE
EarningsHireQuest Reports Financial Results for Second Quarter 2023 with 25.3% YoY Increase in Total Revenue
GOOSE CREEK, SC -- August 10, 2023 -- HireQuest, Inc. (Nasdaq:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, reported financial results for the second quarter ended June 30, 2023. Rick H
Venture CapitalGoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million
NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource
ColumnLinkedIn's Revenue Surpasses $15B for the First Time: Microsoft's Q4 FY23 Earnings
Microsoft announced its Q4 FY23 earnings, which included several highlights for LinkedIn. In Q4, LinkedIn's revenue increased by 5% year-over-year (7% in constant currency), surpassing $15 billion for the first time this fiscal year. Member
Product NewsOffsite Raises $3 Million To Reconnect Remote and Hybrid Companies Through In-Person Experiences
NEW YORK , July 18, 2023 -- Offsite , the marketplace and tech-enabled services provider saving time, money, and stress for remote and hybrid companies planning team retreats, today announced it has raised $3 million to help create more c
Venture CapitalXTM Signs Definitive Agreement to Acquire Issuer, Processor, Certified EWA Provider - QRails
June 15, 2023, MIAMI, TORONTO -- XTM Inc. (“ XTM ” or the “ Company ”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of payment innovations and mobile solutions specifically geared towards service industries in
Venture CapitalOrigin acquires Finny to Fill a Critical Gap in Workplace Financial Education
Acquisition will help Origin users improve global financial literacy and debt management with more complete toolkit for smarter financial planning BOSTON, June 05, 2023 -- Origin , the startup reimagining financial wellness in the workplace
Venture CapitalVeritone To Acquire Broadbean, Signifying Deeper, Global Commitment For Veritone’s AI-Powered Human Resources Solutions
Acquisition expected to be immediately accretive, generating annualized SaaS revenues of over $35 million, of which over $30 million is subscription-based with attractive margins Acquisition of Broadbean will advance current human resource
Venture CapitalInstruqt, a Provider of a Product Growth Platform, Raises €15M in Series A Funding
Instruqt , a Hilversum, Netherlands-based provider of a product growth platform, raised €15M in Series A funding. The round was led by Blossom Capital. The company intends to use the funds to expand operations and its business reach. Led by
Venture CapitalLMS365 Raises $20 Million to Enhance Employee Training through Microsoft Integration
LMS365 , a Danish online learning management system (LMS) designed for seamless integration with Microsoft products, has secured $20 million in its first institutional funding round. The platform, which is utilized by companies such as logi
Company NewsIndeed, an American worldwide employment website, Lays Off 2,200 Workers Globally
MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo
Company NewsA leader in HR technology PrismHR Raise The Bar At PrismHR LIVE 2023
MARCH 22,2023/ -- PrismHR , the leading HR technology software powering payroll, benefits, and HR for businesses across the U.S., today announced details about its annual event, PrismHR LIVE . Being held at the JW Marriott in Austin, Texas,
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
Venture CapitalIreland-based Mental Health and Wellbeing Platform Spectrum.Life Raises €5M for its Platform Development and Staff Expansion
DUBLIN, IRELAND, Feb. 10, 2023 -- Spectrum.Life , a provider of employer health and wellbeing services, announced on Friday that it has secured €5M in a funding round led by Act Venture Capital with participation from new and existing inves
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%
Venture CapitalPointerpro Seals €950,000 to Spur Overseas Growth for itsDigitised Consulting Workflows
Antwerp-HQed Pointerpro is taking aim at digitisation of consultancy workflows. It's announcing a €950,000 fundraise aimed at carving a path to overseas growth, with the funds wholly made up of debt from the Flemish asset manager PMV. Fou
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