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Venture Capital

Cornerstone Accelerates Jobs-to-Skills Transformation with SkyHive Acquisition

Cornerstone OnDemand Inc. announced its acquisition of SkyHive Technologies' workforce skills intelligence capabilities and expert team. This move enhances Cornerstone's skills transformation offerings, integrating SkyHive's AI-powered plat

May 22, 2024
Company News

ATD Recognizes Exceptional Achievements in the Talent Development Industry

The Association for Talent Development honored organizations and individuals for their commitment to workplace talent development practices.  Marshall Goldsmith  and  Britt Andreatta  were recognized for their contributions to the industry.

May 22, 2024
Column

Fast-Growing 250-Employee Business Decreases Payroll Processes up to 75% with UKG Ready

UKG, a leader in HR and payroll solutions, has enabled Purple Wave Auction to streamline operations and enhance employee experience using the UKG Ready suite. The rapidly growing online equipment auction marketplace, with 250 employees, has

May 21, 2024
Venture Capital

PowerToFly Acquires Upskilling Platform Skillcrush

PowerToFly, a leader in talent management for diverse professionals, has acquired Skillcrush, an education platform focused on technical upskilling for underrepresented groups. This strategic move enhances PowerToFly's offerings, which incl

May 21, 2024
Product News

First Ever: Plum Brings Company Culture, Career Navigation and Deep Talent Insights Together Through New Products

Revolutionary talent assessment provider Plum  has launched two innovative products: PlumThrive™ and PlumFlourish™. PlumThrive is a Talent-Drive Platform offering deep insights into role fit, skills, and cultural dynamics, combining psychom

May 21, 2024
Company News

Josh Bersin Company Launches AI Assistant Galileo™ to Transform HR Management

At Irresistible 2024, The Josh Bersin Company announced the general availability of Galileo™, an AI assistant designed to support HR professionals. Galileo is already in use by over 10,000 HR professionals across more than 60 Global 2000 or

May 20, 2024
Company News

Jet BI Digitally Cloned all its Employees Using AI

Jet BI, in collaboration with AI startup Eternity.AC, has digitally cloned its entire team of 60 employees to create AI-twins that users control completely. These digital doubles serve both professional and personal roles, fully managed by

May 20, 2024
Company News

PEO Industry to Gather in Washington to Celebrate National PEO Week May 19-25

ALEXANDRIA, Va. ,  May 17, 2024   -- Hundreds of owners, executives and employees of professional employer organizations (PEOs) around the country will be gathering in Washington, DC  next week to celebrate National PEO Week, which recogniz

May 17, 2024
Product News

Harri Announces Product Innovation Designed to Propel the Frontline Employee Experience and Restaurant Profitability

Harri , a leading Frontline Employee Experience platform, has announced its latest product release, featuring 70 new features and updates designed to enhance the efficiency and engagement of hospitality organizations. The Summer 2024 Releas

May 16, 2024
Product News

Fountain Launches New AI Products to Help Customers Manage Frontline Workforce

Fountain , the leading platform for frontline workforce management, has introduced four new products: Fountain Assist, Fountain I-9 Center, Fountain Reach, and Fountain Communicate. These tools are designed to enhance hiring, onboarding, an

May 15, 2024
Company News

Indeed to Lay Off 1,000 Employees in Strategic Move to Simplify Operations

Indeed , the career site, announced the layoff of approximately 1,000 employees, constituting about 8% of its U.S. workforce. This decision, conveyed through a letter from CEO Chris Hyams, primarily affects the Research & Development and Go

May 14, 2024
Venture Capital

Sona, next-generation workforce management for frontline, raises $27.5M Series A led by Felicis

Sona , an advanced workforce management platform for frontline enterprises, announced a $27.5M Series A funding led by Felicis, with participation from Northzone, Gradient, and others. This brings Sona's total funding to over $40M. The capi

May 14, 2024
Venture Capital

Anthropos raises $2.7M to help companies build the workforce of the future using AI

Anthropos , a startup with offices in the US and Switzerland, has raised $2.7 million in pre-seed funding to address the pressing issues of talent shortage and skills development. The platform, founded by Stefano Bellasio and Giacomo Marina

May 14, 2024
Venture Capital

Worky Raises $6 Million to Drive Growth and Accelerate Adoption of Cloud-Based HR and Payroll Solution in Mexico

Worky , an all-in-one HR and payroll software designed for Mexican companies, recently secured $6 million in Series A funding led by Atlántico and ADP Ventures. Founded in 2018, Worky aims to modernize employee recruitment, management, and

May 14, 2024
Company News

Visier's First Quarter of 2024 Marks Unprecedented Scale in Generative AI Production Use and Transformational Investment in Analytic Platform Capabilities

Visier , a leader in people analytics, announced key achievements for Q1 2024. Highlights include the launch of "Vee," a generative AI assistant, and the "Open for Builders" initiative. Visier's AI technology now serves 2.1 million Paycor e

May 14, 2024
Company News

Revolutionizing Coaching: CoachHub Unveils AI Coaching Companion

CoachHub has introduced its AI Coaching Companion, an innovative AI-driven tool integrated into its digital coaching platform AIMY™. Available as an add-on through the CoachHub app in Microsoft Teams, the AI Coaching Companion provides 24/7

May 14, 2024
Product News

ServiceNow unveils new AI-powered capabilities to help improve employee experiences, supercharge talent development, and optimize in-person work

ServiceNow   announced new AI-powered enhancements at Knowledge 2024, aimed at improving talent development and optimizing workplace collaboration. These include integrating AI into learning experiences to better understand skills and suppo

May 10, 2024
Earnings

First Advantage Reports First Quarter 2024 Results

First Advantage Corporation reported its Q1 2024 financial results, showing revenues of $169.4 million and a net loss of $2.9 million due to acquisition-related costs. The company announced an adjusted net income of $24.8 million and adjust

May 9, 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
Product News

Sense AI Products Pass Bias Audit Conducted by Holistic AI

Sense , a leader in AI-driven talent engagement, has announced that its AI Chatbot and Candidate Matching products passed a bias audit by Holistic AI. This audit ensures compliance with New York City's Local Law 144, which mandates bias aud

May 8, 2024
Venture Capital

In-House Health Raises $4 Million Seed Round, Unveils AI-Powered Scheduling Platform to Combat Nurse Shortage Crisis

In-House Health , co-founded by Ari Brenner, Sergey Vasilenko, and Shachar Har Zvi, has launched an AI-driven scheduling and management platform designed to revolutionize nursing team operations. The platform, which aims to improve the nurs

May 8, 2024
Company News

UKG to Transform Payroll Reporting with Generative AI

UKG announced at the 42nd annual Payroll Congress Convention and Expo the enhancement of payroll reporting with generative AI, termed GenAI, in its UKG Pro suite. This development introduces conversational AI capabilities, allowing payroll

May 8, 2024
Venture Capital

ServiceNow acquires Advance Solutions IP to enhance talent acquisition experience

ServiceNow has acquired Intella, an end-to-end talent acquisition solution from Advance Solutions Corp., to enhance its Now Platform. This acquisition streamlines the recruitment, hiring, and onboarding processes, integrating these function

May 8, 2024
Venture Capital

ChangeEngine Secures $10 Million Series A Funding To Bring AI-Powered CX Innovation To The Employee Experience

ChangeEngine, a platform uniting Marketing & People teams, announced a $10 million Series A funding led by Threshold Ventures, Struck Capital, and Bonfire Ventures. The investment will enhance hiring, innovate the platform with advanced ana

May 8, 2024
Earnings

Paycor Announces Third Quarter Fiscal Year 2024 Financial Results

Paycor HCM , Inc., a leader in human capital management software, reported significant growth in its Q3 fiscal year 2024 results. Total revenues reached $187.0 million, a 16% increase year-over-year, with recurring revenue growing to $172.0

May 8, 2024
Product News

Cornerstone Redefines Learning and Talent Management with Launch of AI-Powered Workforce Agility Platform, Cornerstone Galaxy

Cornerstone OnDemand announced the launch of Cornerstone Galaxy, a comprehensive AI-powered platform designed to bridge the growing workforce readiness gap. This platform facilitates organizational transformation by identifying skill shorta

May 8, 2024
Earnings

HireRight Reports First Quarter 2024 Results

HireRight Holdings Corporation reported its Q1 2024 financial results, revealing a slight decrease in revenue to $173.2 million from $175.4 million the previous year, and a net loss of $3.3 million, an improvement over last year's $7.9 mill

May 7, 2024
Venture Capital

Legion Secures $50M Growth Investment Led by Riverwood Capital To Accelerate Market Growth and Drive Global Hourly Workforce Innovation

Legion Technologies , a leader in workforce management, has secured a $50 million funding round led by Riverwood Capital, with participation from various investors. This investment will enhance Legion's R&D and market expansion efforts, aim

May 7, 2024
Venture Capital

EV3 Global Raises $3M to Revolutionize Hiring with AI Technology

EV3 Global, an innovative technology firm based in Denver, announced a $3 million funding round led by Real Tech Capital, alongside other VC firms and private investors. The company, founded in 2022, is revolutionizing the hiring process by

May 7, 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
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