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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Redefining the Intranet for the Era of Hybrid Work: Announcing Cleary Journeys for Employee Onboarding and Lifecycle Management
Cleary introduces 'Cleary Journeys,' an innovative solution integrating onboarding and employee lifecycle management into its modern intranet platform, designed for distributed teams. This customizable, automated system aims to enhance HR,
Venture CapitalMilu Health Announces $4.8M Seed Round Led by a16z Bio + Health and Partners with Employers to Expand Employee Access to AI-driven Health Savings Platform
Milu Health , a health tech company, announced a $4.8 million seed round led by Andreessen Horowitz (a16z) Bio + Health, aiming to enhance healthcare affordability for employees through AI-driven strategies. The platform collaborates with e
Company NewsCustomer Confidence, Trust in UKG Solutions Drive Strong Results for First-Quarter Fiscal 2024
UKG reported a successful first quarter for fiscal 2024, marked by strong customer loyalty and significant business growth. The period was notable for an increase in customer migrations to modern UKG solutions, particularly among larger cli
Venture CapitalFijoya Raises 8.3M Seed Funding to Pioneer AI-Powered Platform for Employer-Sponsored Healthcare
Fijoya, an innovator in employer-sponsored healthcare, announced an $8.3M seed funding round led by Team8. This funding aims to expand Fijoya's platform, integrating AI to personalize health benefits, thereby simplifying employer and employ
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
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
NewsEma Secures $25 Million to Revolutionize the Workplace with Universal AI Employee
Ema , a Mountain View-based startup, has unveiled a universal AI employee designed to automate mundane tasks, thereby freeing up employees for strategic work. With $25M in funding from notable investors and an impressive roster of early cus
Venture CapitalClasp Secures $1.5 Million in Seed Funding to Revolutionize Employee Benefits Management
Clasp has been launched with a $1.5M funding round led by Base10 Partners, aiming to revolutionize the employee benefits sector by offering an API-driven infrastructure service. Co-founded by Amar Jasarbasic and Zach Zhang, Clasp seeks to a
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 CapitalRevolutionizing Global Equity Management: Slice Secures $7M in Seed Funding to Expand AI-Driven Compliance Platform
Startup Slice Global Ltd., specializing in global equity management, has raised $7M in seed funding to enhance its AI-driven compliance platform. The round was led by TLV Partners, with contributions from various investors and law firms. Sl
Venture CapitalWorkday Announces Intent to Acquire HiredScore
Workday, Inc. has announced the acquisition of HiredScore, a leading provider of AI-powered talent orchestration solutions. This acquisition aims to merge Workday's Talent Management and Skills Cloud with HiredScore's solutions to offer a c
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
Product NewsJournyx and Greenshades Integrate Products to Provide Complete Time and Attendance for Payroll Solution
Journyx, a leader in enterprise-level project time tracking software, and Greenshades, a premier provider of in-house payroll, HR, and tax solutions, have announced an integration to offer a comprehensive time and attendance solution for pa
Company NewsHireRight Launches Virtual I-9 Solution
HireRight Holdings Corporation introduces its Virtual I-9 Service, a revolutionary solution allowing employers to remotely verify candidates' identity and employment authorization documents through live video calls. This service, developed
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 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
Company NewsADP® Offers AI-Enabled Partner Solutions on Powerful, Simple and Secure ADP Marketplace
ADP Marketplace , recognized as the world's largest digital HR storefront, is revolutionizing the human capital management (HCM) ecosystem by integrating AI-enabled solutions from over 800 partners globally. This initiative not only enhance
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.
HotNews2024 Workplace Trends Report Unveils Latest Employee Data Paired with Practical Advice
Quantum Workplace Research Shows AI, Change Management, and Retention to be Big Issues for Organizations in 2024. OMAHA, Neb. , Feb. 21, 2024 Acting on workplace data will be critical in 2024, according to the Not Another Employee Engagem
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 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
Company NewsTriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO
TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful
Product NewsBoost Employee Happiness with AI: BambooHR Unveils Cutting-Edge eNPS Insights
BambooHR introduces an innovative AI-powered feature to its cloud-based HR platform, aiming to revolutionize how companies gauge and improve employee satisfaction. The new AI Topic Summaries for eNPS enable efficient analysis of employee fe
Company NewsLMS365 and Go1 Forge Strategic Partnership to Deliver a Diverse, World-Class Workplace Learning Experience Facilitating Upskilling and Reskilling Across the Workforce
LMS365, a leading AI-powered learning platform integrated with Microsoft 365 and Teams, has announced a strategic partnership with Go1, the world's largest online learning library. This collaboration introduces a powerful blend of technolog
Company NewsPaylocity Surges with $326.4M Revenue in Q2 FY2024: A Glimpse into Cloud HCM's Expanding Market Dominance
Q 2 2024 Recurring & Other Revenue of $298.4 million , up 16% year-over-year Q 2 2024 Total Revenue of $326.4 million , up 20% year-over-year SCHAUMBURG, Ill, Feb. 08, 2024 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Company NewsFrontline Workers Have Greater Mental Health Needs, Yet Are Less Likely to Seek Help, Study Finds
The meQuilibrium study highlights a significant mental health crisis among frontline workers, revealing they face higher rates of anxiety, depression, and stress compared to their non-frontline counterparts. Despite the greater need for sup
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
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