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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Avionté, A Leader in Enterprise Staffing and Recruiting Software, Acquires SimpleVMS
BLOOMINGTON, Minn.-- Avionté , a leader in enterprise staffing and recruiting software, announced today it acquired SimpleVMS , a vendor management system (VMS) for mid-to-large employers with a strong clerical and light industrial (CLI) c
Company NewsIMocha Launches AI-Powered Skills Intelligence Cloud to Enable Enterprises to Transition to Skills-First Talent Management
ASHBURN, Va. and PUNE, India , July 26, 2023 -- iMocha , a leading SkillsTech platform today launched its Skills Intelligence Cloud, an AI-powered platform to revolutionize enterprise hiring, talent management, internal mobility, and wo
EarningsSTEM-focused Staffing Business SThree Announces a Resilient Performance in H1 FY23
London, UK, July 25, 2023 – SThree plc , the global staffing business focused on roles in science, technology, engineering and mathematics (STEM), has issued its financial results for the half year ending 31 May 2023. The Group reported a
Company NewsIgniteTech Debuts CoPilot, a GenAI Assistant for an Employee Experience Platform Jive
CoPilot, IgniteTech's innovative new feature for Jive, is a GenAI-powered assistant for mining content AUSTIN, Texas , July 26, 2023 -- IgniteTech™, the company "Where Software Goes to Thrive™", announces the launch of Jive CoPilot™, a b
EarningsHAYS Delivered Resilient Financial Results for its Fiscal 2023 Fourth Quarter
July 13, 2023 -- HAYS , a leading global recruitment firm, announced financial results for the fourth quarter ended June 30, 2023. Commenting on the Group’s performance, Alistair Cox, Chief Executive, said: “We delivered a resilient Q4 perf
Venture CapitalInploi, the Talent Attraction Technology Scale-up, has Raised a £1.35m Round to Develop its Growth Team
LONDON , July 25, 2023 -- inploi , the talent attraction technology scale-up, has raised a £1.35m round to develop its growth team and accelerate the go-to-market (GTM) strategy for their Software-as-a-Service (SaaS) offering ahead of a pl
EarningsFirst Advantage Reports First Quarter 2023 Results
ATLANTA, May 10, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, announced financial results for the first quarter ended March 31, 2023. “We reported
EarningsRandstad Reports 2nd Quarter 2023 Results, Organic Revenue Per Working Day Declined by 5.1% YoY in Q2 2023 Resulting in Revenue of € 6,465M
Randstad , the world’s largest talent company and a partner of choice to clients, announced its financial results for the 2nd quarter on 25 July 2023. Revenue Organic revenue per working day declined by 5.1% YoY in Q2 2023 resulting in reve
Company NewsA Compensation and Performance Management Platform beqom Launches AI-Based Pay Prediction Solution to Aid Compensation Decision-Making
NYON, SWITZERLAND— beqom , a provider of compensation and continuous performance management cloud solutions, has released a Pay Prediction solution that uses advanced Machine Learning (ML) capabilities to help HR and managers make data-driv
HR TechnologyOpenAI Introduces Custom Instructions for ChatGPT: A Game Changer for User Experience
OpenAI, a leading artificial intelligence research lab, has recently launched a new feature for its language model, ChatGPT - custom instructions. This feature, currently in beta, is initially available to Plus plan users and is expected to
Venture CapitalGushwork.ai Secures $2.1M in Pre-Seed Funding to Reinvent Business Process Outsourcing
Gushwork.ai, an AI-powered platform designed to help enterprises outsource complex operational workflows, has secured $2.1M in pre-seed funding. The round was led by Lightspeed and saw participation from B Capital, Sparrow Capital, Seaborne
Venture CapitalThe World’s Largest Talent Company Randstad Has Reached an Agreement to Acquire Grupo CTC in Spain From Portobello Capital
Randstad NV , the world’s largest talent company announces that it has signed an agreement to acquire Grupo CTC in Spain. Grupo CTC provides outsourced industrial, logistics, and sales & marketing services to customers in its home market of
Company NewsNelsonHall Names Paylocity a Leader in its 2023 Next-Generation HCM Technology NEAT Report
SCHAUMBURG, Ill., July 13, 2023-- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Smal
Company NewsAdministrate, an Enterprise Training Operations Platform, Raises $6.4M to Automate & Solve Complex Training Logistics
BOZEMAN, Mont -- Administrate , the leading enterprise training operations platform, announced today that it had raised $6.4 million from existing investors Archangels, Mercia, and the Scottish Investment Bank, and that it had welcomed Ha
Company NewsWorkday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning
PLEASANTON, Calif. , July 11, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the
Venture CapitalProgrammatic Job Advertising Leader Appcast Acquires Recruitment Marketing Firm
Programmatic job advertising leader transforms recruitment marketing landscape with strategic acquisition. Appcast , the global leader in programmatic recruitment advertising technology and services, announced today its acquisition of recru
Venture CapitalPerceptionPredict Announces Strategic Acquisition, Expands Footprint into SMB Market
PerceptionPredict , a pioneer in performance intelligence systems for enterprise talent acquisition teams is elated to announce the strategic acquisition of a renowned company specializing in applicant tracking workflow tools for small-to-m
NewsJamf Teams With Google Cloud to Enable Collaborative, Mobile Workforces Through New Advanced Security and Management Workflows
MINNEAPOLIS – July 6 , 2023 – Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced three new integrations with Google Cloud, enabling and protecting mobile workforces that use Google and Apple. Encompassing
Venture CapitalHireRight Acquires Majority Share of DTIS
Nashville, Tenn. — July 6, 2023 — HireRight Holdings Corporation (NYSE: HRT), a leading provider of global background screening services and workforce solutions, today announced the acquisition of a majority share of Digital Trusted Ident
Venture CapitalStellarUp Secures €500,000 in Seed Funding to Enhance Its Knowledge Sharing and Learning Platform
Amsterdam-based HR SaaS startup, StellarUp, has secured €500K in seed funding led by a US tech investor. The funds will be used to enhance the user interface and experience, improve features and integration, and boost marketing efforts. Ste
Company NewsiiPay Expands into Mexico, Forging Strategic Partnership with Grupo Tress International for Global Payroll Solutions
Dallas, Texas, Monterrey, Mexico, and Cheltenham, UK – 29 June 2023 – iiPay , a global leader in innovative cloud-based payroll software technology, is excited to announce its expansion into Mexico with a new office in Monterrey, Nuevo Le
Company NewsOracle Integrates Generative AI into Fusion Cloud HCM, Revolutionizing HR Processes and Productivity
Oracle has announced the addition of generative AI-powered capabilities to Oracle Fusion Cloud Human Capital Management (HCM). These new features aim to streamline HR processes, improve productivity and enhance experiences for candidates, e
Venture CapitalZenarate, an AI-powered Agent Coaching Platform, Raises $15M
PALO ALTO, Calif. and DENVER -- Zenarate , the leading natural language AI Simulation Training solution for customer and prospect-facing agents, today announced it closed a $15M funding round led by Boston -based growth equity firm, Vol
HR TechnologyY Combinator's Revenue Leaders: A Deep Dive into the HR Tech Landscape
The article explores the future trends and opportunities in the HR Tech domain based on the performance of HR Tech companies in Y Combinator's list of top companies by revenue. Key players such as Checkr, Deel, Gusto, and Rippling are discu
Venture CapitalOdoo S.A. Announces €150m Investment from General Atlantic to Support Continued Global Growth
Brussels, Belgium and New York, NY – June 26, 2023 – Odoo S.A., a leading provider of open-source integrated business software applications for small and medium-sized enterprises (SMEs), today announced it has received a strategic investme
NewsHRSoft Expands Leadership Position in the Compensation Management Market With CompTrak Acquisition
DENVER, CO – June 20th, 2023 – HRSoft , the global leader for cloud-based Compensation Lifecycle Management software, announced that it has acquired CompTrak , a compensation management solution provider based in Toronto, Canada. By adding
Venture CapitalHRSoft Expands Leadership Position in the Compensation Management Market with CompTrak Acquisition
Combined Entity Will Further Enable Global Compliance and Complex Compensation Planning and Execution with Scalable Enterprise-Grade SaaS Solutions DENVER, CO (June 20th, 2023) — HRSoft , the global leader for cloud-based Compensation Lif
Venture CapitalVERITONE CLOSES ACQUISITION OF BROADBEAN
Accelerates AI Leadership in Global Talent Acquisition and Recruiting Veritone HR Solutions delivers powerful suite of AI-enabled recruitment solutions to enhance operational efficiency, automation and data-driven hiring decisions for emplo
Venture CapitalHumanforce Acquires IntelliHR, Cementing Its Position as a Best-of-breed Human Capital Platform
Its third acquisition in a year, Humanforce continues to strengthen ability to deliver on mission of making work easier and life better for frontline and flexible workforces. Sydney, 14 June 2023: Humanforce , a Sydney-based global provid
Venture CapitalRussell Reynolds Associates Acquires Leadership Consulting Firm Nvolv
June 13, 2023, NEW YORK: Global leadership advisory firm Russell Reynolds Associates (RRA) today announced it has acquired Nvolv , a boutique leadership consulting firm serving CEOs and C-Suite executives of prominent global businesses. F
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