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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Jim McCoy Takes the Reins at Atlas HXM to Bolster Global Business Alliances
Atlas Appoints Jim McCoy as New Chief Executive Officer to Enhance Global Enterprise Partnerships. Atlas HXM has appointed Jim McCoy, a seasoned leader from ManpowerGroup, as their new CEO. McCoy is recognized for his expertise in global wo
Company Newsbswift Launches Next-Generation Mobile App for Effortless Benefits Management
bswift , a leader in benefits administration technology, has unveiled its latest innovation: a next-generation mobile app designed to revolutionize benefits management. Catering to a diverse, multi-generational workforce, the app offers sea
Company NewsHiBob 2023: Revolutionizing the Workplace with Innovative Bob Platform Features
It’s been a busy year for us here at HiBob. Our 2023 roadmap theme was “Building the exceptional,” highlighting our dedication to continuously go above and beyond to deliver an even better HCM for our customers everywhere. We rose to the ch
Product NewsQuantum Workplace Acquires TalentKeepers
Quantum Workplace , a renowned employee success platform and partner in the Best Places to Work Programs, has acquired TalentKeepers, known for its employee engagement and retention solutions. This acquisition combines Quantum Workplace's e
Product NewsOyster Unveils SAGE: The Future of Global Employment Automation
Low-code platform SAGE “softwarizes” knowledge, automating the entire employment lifecycle SAGE powers Oyster Intelligence, ensuring compliant and competitive employment across 180 countries Oyster's new platform, SAGE, revolutionizes globa
Venture CapitalLisbon's Paynest Secures €2M for Pioneering Employee Financial Solutions
Paynest , a Lisbon-based financial wellbeing platform for employees, has recently secured a €2 million seed investment to fuel its European expansion. Led by Lince Capital, with contributions from BlueCrow Capital and others, this investmen
ColumnADP Named Market Leader in Global Payroll by Everest Group, NelsonHall and Ventana Research
Three Major Industry Analyst Rankings Highlight ADP's Strengths in Geography, Technology, Customer Experience and Analytics ROSELAND, N.J. , Dec. 13, 2023 In three separate recent reports by leading industry analysts, ADP was recognized a
Product NewsUpwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy
The "Freelance Forward: 2023" report by Upwork reveals a significant shift in the U.S. labor market towards freelancing. With 64 million Americans, or 38% of the workforce, now freelancing, the sector contributes $1.27 trillion annually to
Product NewsCheckr's Strategic Expansion: Launching Pay and Onboard for Enhanced Flexible Workforce Management Beyond Background Checks
Checkr, a leading HR technology company, has announced a significant expansion with the introduction of Checkr Pay and Checkr Onboard. These innovative solutions are designed to streamline payment and onboarding processes for the rapidly gr
Venture CapitalBeqom Acquires PayAnalytics: Pioneering the Future of Pay Equity and Total Compensation
Beqom, a leader in compensation and performance management, acquires PayAnalytics, a pioneer in pay and workplace equity software. This strategic move responds to the increasing demand for pay equity and transparency, combining advanced pay
Product NewsYellow.ai Announces Listing of its Generative AI-powered Voicebots and Chatbots on Zendesk Marketplace
The listing will enable enterprises to deliver human-like experiences through Yellow.ai's Dynamic Automation Platform (DAP), leading to 60 percent reduction in operational costs. SAN MATEO, Calif. , Dec. 12, 2023 Yellow.ai , a global lea
Venture CapitalMedefy Health Clinches $10M Series A to Revolutionize Healthcare Navigation
Medefy Health , a trailblazer in mobile-first healthcare benefits navigation, has secured a significant $10 million in Series A funding. This investment, spearheaded by Mercury Fund and Advantage Capital, is set to bolster Medefy's AI and t
Venture CapitalLondon-based Harriet raises $1.5 million to revolutionise HR with full-stack AI solution
Harriet , a U.K.-based HRtech company, has recently secured $1.5 million in pre-seed funding led by Concept Ventures. The investment, with contributions from Notion Capital, Frontline Ventures, and Portfolio Ventures, aims to enhance Harrie
Venture CapitalRevolutionizing SME Insurance: Mulberri Raises $6.75M in Series A
Mulberri , an innovative AI-driven embedded business insurance platform, recently announced a successful $6.75 million Series A funding round led by Eos Venture Partners. This significant investment, with contributions from Hanover Technolo
Product NewsADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%
ROSELAND, N.J. , Dec. 6, 2023 Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November ADP ® National Employment Report™ produced by the ADP Research In
Product NewsWorkleap acquires US-based Pingboard, an employee experience SaaS company recognized for its industry-leading org chart and employee directory capabilities
After receiving a $125M CAD investment from CDPQ, Workleap made an acquisition to accelerate its growth strategy, increase market share and broaden product offerings. MONTREAL , Dec. 6, 2023 Workleap , a leading software company behind p
Company NewsWorkJam Launches Industry-First Automated Attestation Module to Simplify Time and Attendance Tracking for Frontline Employees
WorkJam, a leading digital workplace for frontline employees, has launched an innovative Automated Attestation Module to streamline time and attendance tracking. This module, a first in the industry, enhances compliance with local labor law
ColumnNews Brief: AdventHealth Selects Workday to Support Its Commitment to Whole-Person Care
PLEASANTON, Calif., December 5, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources , today announced that AdventHealth has selected Workday Financial Management , Workday
Product NewsRevolutionizing Talent Management: The Predictive Index Acquires Performance Management Leader Charma
The Predictive Index (PI), a foremost talent optimization platform, has recently acquired Charma, previously known as WorkPatterns. This strategic move merges over 65 years of PI's behavioral science expertise with Charma's advanced perform
Product NewsRedNevada.AI Launches RAI, The Market Leading AI Recruitment Tool
RedNevada.AI revolutionizes the recruitment sector with RAI, an AI-driven technology. Designed to streamline recruitment processes, RAI significantly reduces time-to-placement, automates admin tasks, and enhances CV screening efficiency. It
Company NewsThe Josh Bersin Company Introduces Systemic HR™, a Global Initiative to Redefine the Role of Human Resources in Business
The Systemic HR™ Initiative by The Josh Bersin Company represents a groundbreaking shift in the HR landscape. This multi-year program, backed by over 25 years of research, redefines HR's role in modern business. Moving beyond traditional mo
Product NewsEase Learning and Freedom Learning Group Announce Merger, Position for Growth
Freedom Learning Group and Ease Learning, both pioneers in e-learning, have announced their strategic merger. This significant consolidation aims to enhance the capabilities of both companies, notably in creating high-quality, skills-based
Venture CapitalCanadian AI-Powered Engagement Platform ThoughtExchange Lands $13.5M Equity Investment for Business Expansion
ThoughtExchange, a leading AI engagement and survey platform, recently secured a substantial $13.5M equity investment. This financial boost, led by InBC Investment Corp. along with various established investors, underlines the platform's in
Venture CapitalIndian SaaS Powerhouse ProHance Gains Major Investment from ChrysCapital
ProHance, a leading workplace analytics and operations management SaaS provider, announced a significant investment from ChrysCapital, a prominent Indian investment firm. This strategic move is set to accelerate ProHance's global expansion,
Product NewsPaylocity acquires Trace, an innovative solution for headcount planning
On December 1, 2023, Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, announced its acquisition of TraceHQ.com, Inc., a company offering an innovative solution for headcount planning. This acqui
Venture CapitalKahuna Workforce Solutions Raises $21M in Series B to Transform Frontline Skills Management
Kahuna Workforce Solutions recently secured a $21 million Series B funding from Resolve Growth Partners to enhance its skills management technology for frontline workers. This significant investment marks a milestone in Kahuna's growth traj
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
Venture CapitalGoldman Sachs Leads $45M Investment in Candex for Asian Market Expansion
Candex , a leading player in the procurement management industry, has recently garnered a significant $45 million in Series B funding, primarily led by Goldman Sachs. This investment, boosting Candex's total capital to $85 million, is earma
Venture CapitalVimcal Secures $4.5 Million for Cutting-Edge Calendar Expansion: A New Era in Scheduling
Vimcal, a Y Combinator-backed calendar app, recently raised $4.5 million in a seed round led by Altos Ventures, focusing on expanding its team and enterprise offerings. Founded by CEO John Li, Vimcal has enhanced its iOS app and Outlook int
Venture CapitalAya Healthcare's Game-Changing Move: Acquiring AI-Powered Winnow for Enhanced Physician Recruitment
Aya Healthcare , a leader in healthcare talent solutions, has acquired Winnow AI, an innovative data science platform designed to enhance physician recruitment strategies. Amid a critical provider shortage, this acquisition strategically po
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