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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300benefitbay™ Raises $2.5 Million in Seed Plus Round, Led by Right Side Capital and Comeback Capital
April 7, 2023/-- benefitbay™ , an end-to-end ICHRA administration platform for brokers and their clients, has announced that it has raised $2.5 million at a $12.5 million valuation for their seed plus round. This funding will be used to unl
Venture CapitalAn AI-powered Recruitment Software Startup Engin Sciences Raises $2.5M in Seed Funding
Innovative recruitment software startup targets America's fastest-growing industry: cannabis NEW YORK, April 06, 2023 -- Engin Sciences Inc. ("engin"), an AI-powered recruitment software startup, today announced a $2.5 million seed funding
Company NewsG-P Sets a New Standard with G-P Meridian, the First and Only Comprehensive and Customizable Global Employment SaaS-based Product Suite
REMOTE FIRST COMPANY – April 4, 2023 − G-P (Globalization Partners) , the pioneer and recognized leader of the global employment industry, today announced G-P Meridian , the first customizable SaaS-based global employment product suite t
Venture CapitalRadancy Acquires Ascendify, Strengthening Its Talent Acquisition Cloud with Advanced CRM Capabilities
Summary: Radancy, a global leader in talent acquisition software, has announced the acquisition of Ascendify, thus bolstering its Talent Acquisition Cloud with advanced candidate relationship management capabilities. The acquisition is inte
Company NewsComeet ATS Launches Powerful and Industry-Leading Recruiting AI Assistant
We know, we know. It seems like everywhere you turn, conversations (and questions) around Chat GPT and AI are emerging, especially around AI within Applicant Tracking Systems (ATS). Will it replace human jobs? Will it change industries fore
Venture CapitalMaryland-based Employee Navigator Announces Acquisition of Ease
BETHESDA, Md.-- Employee Navigator , the leading benefits administration and HR software solution for insurance brokers and employers, today announced the acquisition of Ease, the leading broker centric HR and benefits software solution f
Venture CapitalNorth Carolina-based CongruityHR acquires JanusHR, a Florida-based PEO
WINSTON-SALEM, N.C. and TAMPA, Fla., April 04, 2023 -- CongruityHR (“Congruity”) , a North Carolina-based, leading outsourced HR solutions provider, announced today its acquisition of JanusHR, a Tampa-based provider of comprehensive, perso
Company NewsTriNet Unveils New Identity that Underscores Position as the Ideal Platform for Small and Medium-Size Businesses
Company Also Announces Launch of New People Matter Advertising Campaign Featuring Creative Work by Iconic Photographer Annie Leibovitz, Award-Winning Documentarian Galen Summer, and Distinguished Film and Commercial Director Andrew De Zen
Company NewsPhenom Unveils Generative AI for Human Resources and 18 New Innovations at IAMPHENOM
PHILADELPHIA – March 31, 2023 – During its IAMPHENOM Product Innovation Keynote, Phenom announced Experience+ (X+), a new platform-wide generative AI capability that bolsters efficiencies by automating content creation, surfacing action
Company NewsRecruitics Launches its Automated Marketing Platform (AMP) for Staffing and Direct Employers
MARCH 30, 2023/-- Recruitics , the data-driven recruitment marketing agency, is excited to announce that its Automated Marketing Platform (AMP) has completed its beta phase and is now in production release for all customers and companies, i
HR TechnologyMagnit Announces Skills-Based Advisory Services To Redefine Approach To Talent Sourcing And Retention
Magnit , the industry-leading Integrated Workforce Management (IWM) platform provider, today announced that it has added new skills-based advisory services to its flagship platform to support a more strategic approach to hiring that focuses
Venture CapitalA New York- and Tel Aviv, Israel-based company Zorro Raises $11.5M in Seed Funding, led by Pitango and 10D
MARCH 28, 2023/-- Zorro , a New York- and Tel Aviv, Israel-based company providing health benefits experience for employees, employers and brokers, raised $11.5M in Seed funding. The round was led by Pitango and 10D . The company intends to
Company NewsBeamery Announces TalentGPT, The World’s First Generative AI For HR
London, 27 March 2023: Beamery, the global leader in Talent Lifecycle Management, today announced the launch of TalentGPT, the world’s first generative AI for HR technology, which delivers personalized experiences for managers, recruiters,
ColumnScottsdale-based Paradox Launches Industry-First Conversational ATS for High-Volume Hiring
SCOTTSDALE, Ariz. — (March 22, 2023) — Paradox , the conversational hiring software helping global employers like Unilever , Nestle , L’Oreal , CVS Health , and General Motors transform hiring with automation that gets recruiting work done
Venture CapitalLondon-based Pearson Closes Acquisition of PDRI
Acquisition to significantly expand Pearson’s services to U.S. Federal Government March 23, 2022, London – Pearson today announces it has completed the acquisition of Personnel Decisions Research Institutes, LLC (‘PDRI’), a trusted pro
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
Product NewsGravie Secures $179 Million Financing to Expand Innovative Health Benefits Plans for SMEs
MINNEAPOLIS , March 21, 2023 -- Gravie, one of the fastest growing employer health benefits companies in the United States , announced today that General Atlantic, a leading global growth equity investor, will anchor a $179 million equit
Product NewsHireology Announces New AI Assistant, Becoming the First ATS to Harness the Power of ChatGPT
CHICAGO, March 21, 2023 -- Hireology , the leading provider of all-in-one hiring and HR software, today announces Beaker, its AI-powered recruiting assistant. The tool can generate high-quality job descriptions in a matter of seconds, empo
Venture CapitalRain Instant Pay Closes Historic Funding, $116M Total in Series A
Rain , a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A wit
Product NewsPaylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software
Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise SCHAUMBURG, Ill., March 21, 2023 -- Paylocity (NASDAQ: PCTY) today announced AI Assis
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,
Venture CapitalRiseKit raises $4.75M for recruiting diverse talent, empowering marginalized communities with job opportunities
MARCH 15, 2013/-- RiseKit , a US-based startup looking to change the way enterprises source diverse talent from community organizations, recently raised $4.75 million in funding. The failure of Silicon Valley Bank (SVB) has rocked markets a
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 NewsGusto Payroll Processing is Not Impacted by the Silicon Valley Bank Situation
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 situati
Venture CapitalWith $6M from Greylock & Susa Ventures, HeadRace Launches to Democratize the Recruiting Industry
HeadRace is building the world’s largest network of boutique recruiters - making hiring faster, more transparent, and more cost-effective for employers. AUSTIN, Texas-- HeadRace , a recruiting platform, announced today that it raised $6M in
Venture CapitalToronto-based Barley Secures $4M Seed Funding to Build Data-Driven Compensation Management Platform
Barley's HR software builds trust between employers and employees through informed and equitable compensation management TORONTO , March 8, 2023 Barley, a compensation management platform that makes it easy for companies to structure,
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 NewsADP National Employment Report: Private Sector Employment Increased by 242,000 Jobs in February; Annual Pay was Up 7.2%
Private sector employment increased by 242,000 jobs in February and annual pay was up 7.2 percent year-over-year, according to the February ADP ® National Employment Report TM produced by the ADP Research Institute ® in collaboration wi
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
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