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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
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
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 NewsFortune Names UKG One Of America’s Most Innovative Companies
MARCH 30, 2023/--Fortune has named UKG , a leading provider of HR, payroll, and workforce management solutions for all people, one of America’s Most Innovative Companies. Developed by Fortune and Statista, the inaugural list honors U.S.-ba
Venture CapitalTROOP Leads the Charge in Corporate Meeting Planning With $11M Series B Funding, Led by Durable Capital Partners
MARCH 30, 2023/-- TROOP , the award-winning developer of corporate meeting technology and services, today announced a $11m Series B funding round. The round was led by Durable Capital Partners LP and Madrona Venture Group , with partici
Company NewsMedallia the global leader in Customer and Employee Experience, Earns Fair Pay Workplace Certification
MARCH 30, 2023/-- Medallia the global leader in customer and employee experience, announced that it has been certified by Fair Pay Workplace (“FPW”) for its effort to create sustainable fair pay in the workplace. Built by leading independe
Venture CapitalNew York-based Salt Labs, Founded to Eradicate the Wealth Gap Disparity for Frontline Workers, Raises $10 Million in Pre-Seed Funding Round
NEW YORK , March 29, 2023 -- Salt Labs (saltlabs.com), a new loyalty and payments technology company today announced it has raised $10 million in a pre-seed funding round. The financing was led by Fin Capital with participation from Anth
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
NewsA Majority Stake in Fusion Healthcare Staffing Acquired by Chicago-based Waud Capital Partners
Waud Capital Partners (Waud Capital), in partnership with experienced healthcare executives Bales Nelson and Allen Dye, today announced the establishment of a new platform company, Fusion Health . Fusion Health will provide clinical staffin
Venture CapitalToronto-based System-3 Raises CAD$3.6M in Seed Funding to Help Enhance its Software for Selecting Leadership Candidates
TORONTO – February 22,2023 – System-3 , a startup that empowers companies to objectively identify and evaluate current and emerging leadership talent, today announced it has raised CAD$3.6 million in seed funding. The investment was led by
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
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
Company NewsBeisen, China's Leading Cloud HCM Provider, Passes HKEX Hearing, Preparing for Main Board Listing
March 20, 2023 - Beisen Holding Limited ("Beisen"), a Beijing-based company, announced that it has successfully passed its listing hearing on the Hong Kong Stock Exchange (HKEX). Following the hearing, the company unveiled its prospectus an
Company NewsWorkhuman Announces 10% Global Workforce Reduction Amid Business Realignment
Workhuman, a leading employee engagement and recognition platform, has announced a difficult decision to reduce its global workforce by approximately 10% in order to realign its investments, balance growth and profitability, and address the
HR TechnologyMicrosoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots to help enhance its HCM
The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings The deal will also enable ZingHR to increase the efficie
OpinionRippling's Swift Crisis Management: A Lesson in Resilience and the Importance of Reliable Partners
In the ever-evolving world of business, a company's ability to adapt and overcome challenges is crucial for long-term success. Recently, Rippling, a workforce management company, found itself in the midst of a financial crisis when Silicon
Venture CapitalRippling Attracts $500M Series E Investment from Greenoaks, Upholding $11.25 Billion Valuation Seen in Previous Round
Rippling raises $500M in Series E financing Rippling has raised $500M in a round led by Greenoaks. The round values the company at $11.25 billion, the same as the company’s Series D financing in May 2022. This was an unusual round, raised i
Company NewsHireQuest Reports Financial Results for Fourth Quarter 2022
Q4 2022 Royalty Revenue Grows 26.4% YoY to $7.7 million Q4 2022 Net Income from Continuing Operations Increases 21.0% YoY to $2.6 million GOOSE CREEK, SC / ACCESSWIRE / March 16, 2023 / HireQuest, Inc. (Nasdaq:HQI), a national franchisor o
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
EarningsDocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products
DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO , March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce
Venture CapitalMentorcliQ receives $80M investment to enhance enterprise mentorship and inclusive culture.
COLUMBUS, Ohio– MentorcliQ , a leader in employee mentoring software, today announced a strategic growth investment of over $80 million from PSG, a leading growth equity firm partnering with software and technology-enabled services companie
Venture CapitalFount Global Raises $8M in Series A Funding to Tackle Employee Disengagement and Boost Productivity"
The SaaS provider more than doubled ARR and added 10 new enterprise customers in 2022. The additional funding will be used to launch new features targeting key talent segments and further advance the product and technology infrastructure. W
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
Column2023 Feb DHR Highlights: AI Becomes New Trend of Investment
In February 2023, DHRmap compiled and published a total of 33 investment and financing news, of which 23 were investment news and 10 were acquisition news. Meanwhile, several prominent leaders in the HR field, such as Workday , the Adecco G
Venture CapitalMercer acquires Leapgen, furthering investment in digital HR strategy market
Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran
Venture CapitalAnalytics Automation Platform Savant Labs Secures $11M Funding to Ease Operational Analytics with Drag-and-Drop No-code, Low-code Analytics Automation
Fueled by the investment, Savant Labs Innovates on Self-service Analytics Automation in the Cloud with a Unique Drag-and-Drop No-code, Low–code Approach SAN MATEO, Calif , March 1, 2023 -- Savant Labs ( savantlabs.io ), the automation plat
EarningsThe Adecco Group: Q4 & Full Year 2022 Results, Fourth Quarter Revenues Up 5% Year Over Year to € 6.212 Billion
ZURICH , Feb. 28, 2023 -- The Adecco Group , the world’s leading talent advisory and solutions company, announced the fiscal 2022 fourth quarter and full year 2022 Results. Q4 HIGHLIGHTS Revenues +13% reported, +5% yoy organic TDA; up in a
Venture CapitalInsurance AI Leader EvolutionIQ's Funding Total Rises to $33.1M With Series B Round While Valuation Passes $200M
With recurring revenue tripling for the 3rd consecutive year, the leader in AI-powered Claims Guidance caps its latest funding round at $7 million Company's value effectively doubles despite the tech sector's ongoing volatility Industry ado
Venture CapitalTalent Management and Engagement Suite WorkLLama Raises $50M to Accelerate Growth in Direct Sourcing and Talent Relationship Management
WorkLLama raises investment to continue evolving its platform of products to serve enterprise and staffing markets ALPHARETTA, Ga. , Feb. 24, 2023 -- WorkLLama , technology provider of an AI-driven, talent marketing, relationship manageme
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