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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300A Employee Experience Software Company GSoft Acquires Didacte, a Learning Management System Company
An innovative strategy for GSoft to expand its product portfolio and offer its customers the most comprehensive portfolio of employee experience solutions. MONTREAL , Feb. 8, 2023 - Today, GSoft, a well-established software company that
Venture CapitalUS Based HR Tech Spinout Performica Raises $3M on its Seed Round
The technology company raised $3 million in its initial round of funding led by Surface VC and Bowery Capital. Performica , software helping companies transform people risk into their superpower, announced that it has raised $3 million in i
Venture CapitalWorkday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation
MOUNT KISCO, N.Y. &NEW YORK- Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions t
Venture CapitalEveryoneSocial Closes $13 Million in New Funding to Turn More Employees Into Influencers
SALT LAKE CITY -- EveryoneSocial , a SaaS platform that helps companies activate their employees as social media influencers, announced today that it has secured $13 million in new funding. Led by the company's existing investors - includin
Venture CapitalS2Verify, One of the Fastest Growing U.S. Companies, Acquires Yale Background Screening - Doubling its Size Overnight
ATLANTA , Feb. 3, 2023 -- Today, the S2Verify board of directors announced the firm's acquisition of New-York -based Yale Background Screening (Yale Associates, Inc), a highly reputable company with long-standing, multi-year relationships
EarningsPaylocity Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenue up 39% Year-over-year to $273.0 million
Q 2 2023 Recurring & Other Revenue of $256.4 million, up 31% year-over-year Q 2 2023 Total Revenue of $273.0 million, up 39% year-over-year SCHAUMBURG, Ill., Feb. 02, 2023 -- Paylocity Holding Corporation (Nasdaq: PCTY), a
Venture CapitalCAVU HCM Acquires Two Payroll Service Companies Continuing its Accelerated Growth
PEORIA, Ill. , Feb. 2, 2023 -- Today, CAVU Human Capital Management (HCM), an emerging provider of technology, payroll, human resources, and workforce management solutions, announced it has acquired ABCS Payroll located in DuBois, Penn
Venture CapitalListo Global, Inc. Receives $1.7 Million in Investment Funding
Listo Global, Inc. (“Listo”), a global human resources and employment technology company announced today the receipt of $1.7 million in pre-seed funding by a group of angel investors. The company is one of the only full-lifecycle providers
Company NewsMicrosoft Teams Premium: Cut costs and add AI-powered productivity
Modern tools powered by AI becomes a new possible outlet for organizations to boost individual, team, and organizational-level productivity and bring changes to adapt economic uncertainties. Microsoft announces that their new, AI-powered ca
Venture CapitalHeidrick & Struggles Closes Acquisition of Atreus in Germany, Expanding its On-Demand Talent Footprint
Transaction advances long-term growth and diversification strategy to capture accelerating global opportunities in the on-demand talent market CHICAGO , Feb. 1, 2023 -- Heidrick & Struggles ("the Company"), a premier provider of global l
Venture CapitalTask Management, Inc Staffing Group is Acquired and Becomes a Key Part of the Fast-Growing Jobsquad Staffing Solutions Nationwide Network
Parent Group JobSquad Family of Workforce Solutions, owned by Indiana -based PE Group Hoosier Investments, adds to their U.S. Staffing Portfolio to Meet Nationwide Demand. Task Management is headquartered in Ridgefield, Connecticut , and
Company NewsSilkRoad Technology Announces First True End-to-End Talent Acquisition Solution
CHICAGO – SilkRoad Technology , the world-class talent acquisition leader, announced the completion of a two-way integration between its candidate sourcing solution, Search , and its applicant tracking system, Recruiting . The integration c
EarningsManpowerGroup Reports 4th Quarter 2022 Results
Revenues of $4.8 billion (-11% as reported, -1% constant currency (CC)) Gross profit margin of 18.2%, up 100 basis points year over year reflecting business mix progress and solid permanent recruitment trends Talent Solutions experienced
Venture CapitalFrench Startup Welcome to the Jungle Grabs $54M in Series C Round for its Slick Job Platform
French startup Welcome to the Jungle has raised a new $54 million (€50 million) Series C round . The company secured the new funds from existing backers Revaia, XAnge, and Bpifrance, and new investors blisce, Cipio Partners, Groupe ADP,
Company NewsEnboarder Announces Integration with Equifax to Enhance Onboarding Experience
Strategic alliance will bring I-9 and WOTC management capabilities to the Enboarder platform AUSTIN, Texas , Jan. 26, 2023 -- Enboarder , a leading employee communication and workflow platform, today announced a new strategic alliance wit
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 CapitalDailyPay Announces $260 Million in New Funding
NEW YORK -- DailyPay , a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided be
Venture CapitalHealth HR, a Futuris Brand, Announces New Acquisition and Corporate Update
Health HR , a subsidiary of Futuris Co., a network of staffing and other firms, announced the acquisition of Physical Therapy Rehab Associates , a Florida-based therapy staffing firm. Physical Therapy Rehab Associates has been providing ser
Venture CapitalClovers Signs Definitive Agreement to Acquire TalVista
NASHVILLE, Tenn., January 24, 2023-- Clovers has entered into a definitive agreement to acquire TalVista . Clovers is an HR technology company that provides intelligent interview software to its users. Their video interview solution support
Venture CapitalIsrael-Based Video Interviewing Software, myInterview, Secures $11m in Series A Funding to Help Employers Better Engage Gen Z Candidates
As recruiting challenges remain strong despite current economic climate, myInterview offers a human-centric solution that helps employers and job seekers connect in a more authentic way TEL AVIV, Israel , Jan. 18, 2023 -- myInterview ,
Venture CapitalEdustaff, a US Leading Education Staffing Company, Receives Strategic Investment from Public Pension Capital
GRAND RAPIDS, Mich. , Jan. 18, 2023 -- Edustaff, LLC ("Edustaff" or the "Company"), a leading education staffing company that provides high quality educators to K-12 school districts and community colleges across the U.S., today announced
Company News13.86 billion -2022 Global Investment and Financing in HRTech
According to DHR statistics, 412+ investment and financing events were generated globally in the past 2022, with a total investment and financing amount of $13.86 billion in the global HRTech field. Among them, by quarter, we can see that Q
Venture CapitalHuler, a UK-based HR tech startup, Raises £2m to Develop its Employee Experience Platform
Huler , a Stoke, UK-based HR tech company whose platform has attracted a host of blue-chip clients within its first year, has raised £2m. The investment comes from Mercia’s EIS funds, the MEIF Proof of Concept & Early Stage Fund, which is
Venture CapitalZvoove Group Acquires Fortytools: Two Software Providers for Cleaning Services are Joining Forces
zvoove extends its portfolio of digitalization solutions to smaller cleaning service providers and continues its M&A strategy with this additional acquisition. LOHNE, Germany and AHRENSBURG, Germany , Jan. 16, 2023 -- zvoove Group , t
Venture CapitalNashTech makes strategic acquisition of North American cloud and data solutions provider, Knoldus
LONDON , Jan. 13, 2023 -- NashTech, the global technology solutions business of Nash Squared, has acquired Knoldus as part of its strategic expansion in North America . Knoldus is a technology advisory and solutions company with over 300 e
Venture CapitalHub International Strengthens Employee Benefits Solutions With Acquisition of the Assets of Grace & Porta Benefits in Michigan
CHICAGO , Jan. 12, 2023 -- Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Grace & Porta Benefits, Inc. (Grace & Porta Benefits). Locate
Venture CapitalDeel Acquires Capbase to Enter Equity Management
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies exclusively announced to TechCrunch. As its name suggests, San Francisco-based Capbase claims it can update a company
Venture CapitalFidelity Investments Acquires Shoobx, Bolstering Commitment to Equity Plan Capabilities for Private Companies
BOSTON, January 10, 2023 — Fidelity Investments announced it is furthering its commitment to the private market with the acquisition of Shoobx , a leading provider of automated equity management operations and financing software for private
Venture CapitalKingsley Gate Partners Expands Global Footprint with Acquisition of The Omerta Group
Executive search leader significantly strengthens financial services capabilities in New York, London, and Hong Kong New York – January 11, 2023 – Kingsley Gate Partners , a global executive search firm that is tech-enabled, global, and ba
Venture CapitalTalent Group Announces Acquisition of Queen Consulting Group
HOUSTON , Jan. 11, 2023 -- Talent Group , a leading national IT staffing company, announced today the acquisition of Queen Consulting Group, a nationally recognized IT staffing and consulting company specializing in healthcare and pharma I
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