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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Lettuce Financial Launches Solution to Democratize Accounting and Tax Services for Solopreneurs; Announces $6 Million in Seed Funding
Lettuce has launched a comprehensive solution targeting solopreneurs, offering accounting and tax services aimed at democratizing financial management in this sector. They have raised $6 million in seed funding led by Zeev Ventures to sup
Venture CapitalTava Health Raises $20 Million to Bridge the Gap in Mental Health Care with a Therapist-Centric Approach
Tava Health , a mental health platform, has raised $20 million in Series B funding led by Catalyst Investors. The investment will support product development, expansion of the provider network, and enhancement of partnerships with employers
Venture CapitalHR Solution Remofirst Raises $25 Million Series A Funding to Make it Affordable and Easy to Employ Global Remote Teams
Remofirst , a leading HR tech platform specializing in global employment and compliance solutions, has successfully raised $25 million in a Series A funding round. The funding was led by Octopus Ventures, with contributions from existing in
Venture CapitalArgyle Secures $30M in Funding to Bolster Growth of the Payroll Connectivity Platform of the Future
Argyle , a leading provider of direct-source income and employment data, has closed a $30 million funding round, spearheaded by Rockefeller Asset Management’s Fintech Innovation Fund, with continued support from Bain Capital Ventures, Signa
Product NewsLattice Unveils a Bold Evolution for its People Platform Powered by Artificial Intelligence, Announces AI Engagement Insights Built on OpenAI
Lattice has launched a new initiative, Lattice AI, to enhance its HR software by incorporating artificial intelligence aimed at humanizing the employee experience. This move aims to support employees, managers, and HR teams by providing A
Venture CapitalRemotePass Transforms the Future of Work: Secures $5.5M to Expand Global HR Solutions
RemotePass , an HR and fintech startup, has raised $5.5 million in Series A funding, surpassing a total of $10 million in capital. This investment will further develop its platform, which assists companies in onboarding, managing, paying, a
Venture CapitalDeel Is Acquiring Payroll Company PaySpace
Deel, a global payroll and HR company, has announced its acquisition of PaySpace, an African-based payroll and HR company, enhancing its position as a market leader in global payroll and expanding its infrastructure. This acquisition, along
Venture CapitalElevating Employee Health: Vitrue Health's $4M Boost for Advanced MSK Digital Platforms
Vitrue Health , a London-based digital platform focusing on musculoskeletal (MSK) health for workplaces, has secured $4M in funding, increasing their total to $7M. Led by MC Ventures and Hambro Perks, the investment will fuel expansion in t
Venture CapitalMOONHUB Raises $1.4 Million for Their VR Training Solutions
MOONHUB, an innovative VR training solutions provider, has successfully raised $1.4 million, bringing its total funding to $4.5 million. Founded in 2016, MOONHUB specializes in immersive, on-the-job training, enhancing learning efficiency a
EarningsThe Adecco Group: Q4 & FULL YEAR 2023 RESULTS
In 2023, Adecco Group demonstrated strategic resilience, achieving a 3% organic revenue growth amidst challenging conditions, culminating in a record €23,957 million annual revenue. The fourth quarter showed notable performance with a 1% or
Venture CapitalFirst Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock
First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a
Company NewsFirst Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the
Venture CapitalCoverdash – Leading Embedded Business Insurance Agency for Startups and SMBs – Announces $13.5M in Series A Funding
Coverdash, a leading embedded insurtech for startups and SMBs, announced a $13.5M Series A funding, raising total capital to $16M. The funding, led by Nyca Partners, will enhance its embedded partner network and insurance offerings. Coverda
Venture CapitalDeel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy
Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De
Venture CapitalIntenseye Secures Record-breaking $64M Series B to Advance Its Mission of Transforming Workplace Safety With AI
Intenseye , an AI-powered workplace safety leader, has raised $64 million in Series B funding, marking the largest investment in the sector. The company is recognized for its innovative technology that proactively identifies workplace hazar
ColumnWorkday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results
Workday, Inc. announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript
Company NewsDeel's Dynamic Rebrand: Charting New Horizons in Global HR Solutions
In the dynamic world of global HR solutions, Deel stands out not only for its rapid expansion but also for its commitment to evolving alongside the changing needs of businesses worldwide. As it approaches its fifth anniversary, Deel has unv
Venture CapitalTuned Secures $3.2M Seed Extension to Scale Hearing Health Benefits for Modern Workforce
Tuned , a digital hearing health innovator, has successfully raised an oversubscribed $3.2 million seed extension, led by Unum Group with participation from Distributed Ventures. This funding boosts Tuned's total capital to $8.2 million, un
Company NewsDocebo Reports Fourth Quarter and Fiscal Year 2023 Results
Docebo Inc., a leader in AI-driven learning platforms, announced its Q4 and fiscal year 2023 financial results, showcasing significant growth. With a 28% increase in subscription revenue to $46.5 million and a total revenue rise of 27% to $
EarningsZipRecruiter's 2023 Financial Triumph: Achieving $49 Million Net Income and $175 Million Adjusted EBITDA in a Challenging Market
ZipRecruiter, a leading online employment marketplace, announced its financial outcomes for Q4 and the entirety of 2023, highlighting resilience amidst a sluggish hiring environment. The company reported a net income of $49 million and an A
Company NewsBeekeeper Sees Continued Momentum in Frontline Industries, Helping more than 1,300 Organizations Solve the Frontline Disconnect with Digital Solutions
Beekeeper , a leading provider of digital solutions for deskless workers, continues to make significant strides in connecting frontline workers across various industries including hospitality, healthcare, construction, and manufacturing. Wi
EarningsFiverr Announces Fourth Quarter and Full Year 2023 Results
Fiverr International Ltd. reported robust financial performance for 2023, exceeding its set targets for revenue and Adjusted EBITDA. The company's strategic focus on AI integration and expanding its complex service offerings significantly c
EarningsTrueBlue Reports Fourth Quarter and Full-Year 2023 Results
TrueBlue , a leading provider of specialized workforce solutions, announced its fourth quarter and full-year results for 2023, highlighting a decrease in revenue by 12 percent to $492 million for the quarter and a 15 percent decrease to $1.
Venture CapitalPodium Education Acquires Untapped, The Early Career Talent Platform For Top Companies, To Close The College-to-Career Gap
Podium Education, a leading experiential education company, has acquired Untapped, a comprehensive early career talent platform, marking a significant expansion in their mission to bridge the gap between academic learning and real-world pro
Venture CapitalArcher Acquires Compliance.ai to Drive AI-Powered Regulatory Compliance and Risk Management
Archer , a leader in integrated risk management solutions, announced the acquisition of Compliance.ai , which specializes in AI-driven regulatory change management. This strategic move will enhance Archer's offerings, allowing clients to ut
Venture CapitalDili Raises $3.6M from Top Investors to Automate VC Due Diligence with AI Innovation, Celebrates Y Combinator Heritage
Dili , co-founded by former Coinbase team members, aims to revolutionize the due diligence and portfolio management process for private equity and VC firms through AI automation. With $3.6 million in venture funding, Dili leverages generati
ColumnWorkday:Using AI to Empower an Augmented Workforce
This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centr
Venture CapitalAtlas: The Argentine Startup Revolutionizing Global Contractor Benefits with $2.75 Million in Seed Extension Funding
Karen Serfaty, Gianina Rossi, and Josefina Van Thienen, engineers from Argentina, identified a common issue for contractors working for U.S.-based companies—managing taxes and receiving payments in non-local currency. To address these chall
Venture CapitalHireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, value
Company NewsTriNet Triumphs in Fiscal 2023: Hits $4.9 Billion Revenue and Launches Quarterly Dividend
TriNet Group, Inc., a leading provider of comprehensive human capital management solutions for SMBs, reported a 2% increase in total revenues to $1.2 billion for Q4 2023 and a 1% rise to $4.9 billion for the fiscal year. Earnings per share
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