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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Rippling's Swift Crisis Management: A Lesson in Resilience and the Importance of Reliable Partners
In the ever-evolving world of business, a company's ability to adapt and overcome challenges is crucial for long-term success. Recently, Rippling, a workforce management company, found itself in the midst of a financial crisis when Silicon
Venture CapitalRippling Attracts $500M Series E Investment from Greenoaks, Upholding $11.25 Billion Valuation Seen in Previous Round
Rippling raises $500M in Series E financing Rippling has raised $500M in a round led by Greenoaks. The round values the company at $11.25 billion, the same as the company’s Series D financing in May 2022. This was an unusual round, raised i
Venture CapitalWingspan Secures $14 Million in Series A Funding to Boost Payroll and Benefits Platform for Flexible Workforce
NEW YORK, March 16, 2023-- Wingspan , a leading payroll and benefits platform specifically designed for flexible workforces, announced today that it has secured $14 million in Series A funding. This latest round, led by Andreessen Horowitz,
AcquisitionKarat Acquires Triplebyte's Technical Assessment Product
SEATTLE, WA – Karat , the world’s largest interviewing company, today announced the acquisition of Triplebyte ’s technical assessment product and team. The acquisition adds a unique top-of-funnel, skills-based assessment to Karat’s suite
Venture CapitalAG5 raises €6 million from Headline, Peak to save the manufacturing industry from Excel
AMSTERDAM , March 14, 2023 / -- AG5 , the SaaS platform used to map and track employees' skills and qualifications, has raised €6 million in a new round of investment. Last year, the company received €1.2 million from tech investor Peak. S
Company NewsCoachHub Showcases Coaching Effectiveness with its Advanced Insights Hub
New York, March 14, 2023 – CoachHub , the leading global digital coaching platform, reveals today its latest innovation in coaching program analytics, CoachHub Insights™. Available exclusively to CoachHub clients, these enhanced dashboard
Company NewsWrapbook Update: Our Response to Collapse of Silicon Valley Bank
Background: The bankruptcy of Silicon Valley Bank has had a widespread impact, particularly on companies that provide payroll services for employees. We have seen a number of companies issuing announcements and updates regarding the situat
Venture CapitalMentorcliQ receives $80M investment to enhance enterprise mentorship and inclusive culture.
COLUMBUS, Ohio– MentorcliQ , a leader in employee mentoring software, today announced a strategic growth investment of over $80 million from PSG, a leading growth equity firm partnering with software and technology-enabled services companie
Company NewsKorn Ferry Announces Third Quarter Fiscal 2023 Results of Operations
Korn Ferry reports fee revenue of $680.8 million in Q3 FY’23, essentially flat (increase of 4% at constant currency) from Q3 FY’22. Net income and adjusted net income attributable to Korn Ferry were $11.2 million and $53.0 million in Q3 FY’
Product NewsThe Josh Bersin Company's Irresistible 2023 Conference Announces Impressive Speaker Line-Up and Agenda for Global HR Leaders
Executives from Moderna, Rivian, Mastercard, Tyson Foods, and Liberty Mutual Insurance among keynote speakers and session hosts at this year's event at USC , Los Angeles , June 20-22 "TED Talk" style learning sessions, panel discussions,
Company NewsPaychex Wins 2023 Stevie Award for ERTC Service
Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has won a bronze Stevie ® Awardfor the company’s Employee Retention Tax Credit (ER
Company NewsPapaya Global Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023
TEL AVIV, Israel , March 2, 2023 -- Papaya Global , the SaaS fintech company providing global payroll and payments technology, has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2023. T
Venture CapitalMercer acquires Leapgen, furthering investment in digital HR strategy market
Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran
AcquisitionSterling Expands Through Acquisition of A-Check Global
NEW YORK — Sterling Check Corp. (NASDAQ: STER), a leading global provider of background screening and identity services, today announced that it has acquired A-Check Global in a highly complementary deal that will expand Sterling’s presen
Venture CapitalClinical CRO ClinChoice Acquires CROMSOURCE, an ISO-certified Full-service Contract Research Organization Expanding its Global Presence
PHILADELPHIA , SHANGHAI and VERONA , Italy , March 1, 2023 -- ClinChoice Medical Development is pleased to announce its acquisition of CROMSOURCE S.r.l ., an ISO-certified full-service contract research organization with its corpora
Venture CapitalRecruiting Startup 24 Seven Announces Acquisition of SketchDeck
NEW YORK , March 1, 2023 -- 24 Seven , one of the nation's largest privately held, digital marketing and creative recruiting firms, is excited to announce the acquisition of SketchDeck . SketchDeck is a unique design studio offering on
Venture CapitalLeading Provider of Productivity and Operational Excellence Solutions Connors Group Announces Investment from RLH Equity Partners to Support Rapid Growth
PITTSBURGH , Feb. 21, 2023 -- Connors Group , a leading provider of productivity and operational excellence solutions, is pleased to announce that it has secured a significant growth equity investment from RLH Equity Partners . The inves
Venture CapitalEmpyrean Acquires Employee Communications and Engagement Platform and Launches +YOU, a Holistic Solution That Improves Employee Productivity, Wellbeing, and Retention
HOUSTON , Feb. 20, 2023 -- Empyrean , a company committed to building better corporate cultures through benefits, today announced the acquisition of employee communication and engagement platform Enspire . Through the acquisition, Empyr
EarningsAMN Healthcare Announces Fourth Quarter and Full Year 2022 Results, Revenue Falls 17% in Q4 with Decline in ‘Nurse and Allied Solutions,’ Revenue up in Other Segments
Quarterly revenue of $1.13 billion , 4% above high end of guidance; GAAP EPS of $1.88 and adjusted EPS of $2.48 DALLAS, Feb. 16, 2023 -- AMN Healthcare Services , Inc. (NYSE: AMN), the leader and innovator in total talent solutions for
EarningsTriNet Announces Fourth Quarter and Fiscal Year 2022 Results, 8% Growth in Total Revenues to $4.9 billion for Fiscal Year 2022
9% Growth in Professional Service Revenues for the Fourth Quarter of 2022 18% Growth in Professional Service Revenues to $754 million for Fiscal Year 2022 8% Growth in Total Revenues to $4.9 billion for Fiscal Year 2022 11% Grow
ColumnUpwork 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
Venture CapitalEnterprise Engagement Platform Technologies Leader Augeo Acquires Brand Networks—Accelerating Social Activation across its Global Leading Engagement Solutions
ST. PAUL, Minn. , Feb. 15, 2023 -- Augeo , a global leader in enterprise engagement platform technologies, announced today that it has acquired Brand Networks —a social media marketing pioneer that provides global enterprises with AI-pow
Company NewsUS-based Background Screening Company Wolfe Inc. Debuts New HRIS Software for the Benefit of Small and Mid-sized Businesses
CONCORD, N.C. , Feb. 14, 2023 -- Wolfe Inc. , headquartered out of Concord, NC with offices across North Carolina , announced today that their multidisciplinary software, WolfeOne, has expanded to now include HRIS functionality for HR
EarningsRandstad Announces Fourth Quarter and Fiscal Year 2022 Results, Revenue of € 27.6bn and Underlying EBITA of € 1.3bn.
Feb. 14, 2023 -- Randstad , the world's largest talent company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2022. highlights Q4 2022 organic growth: 2.4% Q4 2022 underlying EBITA: € 364m Q4
EarningsGEE Group Announces Results for the Fiscal 2023 First Quarter, Revenue Falls 4.0% in Fiscal Q1
JACKSONVILLE, FL., February 14, 2023 -- GEE Group Inc . (NYSE American:JOB) together with its subsidiaries (collectively referred to as the "Company", "GEE Group", "us", "our", or "we"), a provider of professional staffing services and hum
EarningsRecruiting Holdings Announces Third Quarter Fiscal Year 2022 Financial Results, with Total revenue of $6.7 Billion
TOKYO, JAPAN (Feb. 13, 2023) - Recruit Holdings Co., Ltd. ("Recruit Holdings" or the "Company") today announced its consolidated financial results for the nine months ended December 31, 2022 (April 1, 2022 to December 31, 2022) Consolidated
Company NewsUS-based Talent Platform Upwork Expands to Support Full-Time Hiring, Further Unlocking the World’s Work Marketplace for All
New end-to-end hiring solution enables businesses to find, vet, hire and pay global talent for full-time work, with tools to address complexity and risk SAN FRANCISCO, Calif. – February 13, 2023 – Upwork (NASDAQ: UPWK), the world’s work m
Company NewsElevatus and Rectec Announce Strategic Partnership to Expand Reach and Increase Awareness
LONDON , Feb. 12, 2023 -- The globally acclaimed provider of innovative recruiting solutions, Elevatus , is proud to announce its strategic partnership with the award-winning, vendor intelligence platform, Rectec . This partnership will
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
Venture CapitalThe Panther Group Acquires Wisconsin-Based Managed Service Provider, Enterforce
MAYNARD, Mass. , Feb. 8, 2023 -- The Panther Group (Panther) , a Massachusetts -based full-service staffing and recruiting firm, has acquired Enterforce, Inc. (EFI) , a Wisconsin -based Managed Service Provider (MSP), in a stock purchase
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