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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ChartHop Introduces Flexible HRIS Built for the Entire Organization Featuring AI Insights
ChartHop introduces its innovative HRIS, integrated within its People Operations Platform, to centralize and streamline workforce management. This system empowers HR and finance teams with adaptable tools for analytics, workflow configurati
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 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 NewsVerve Motion Unveils Integrated Software and Data Analytics Platform to Elevate Industrial Worker Safety and Operations with its Wearable Robotics Exosuit
Verve Motion has launched a revolutionary software and data analytics platform, Verve Logic, which integrates with their SafeLift exosuit to improve industrial worker safety and operational efficiency. The platform analyzes data from sensor
Venture CapitalArgyle Secures $30M in Funding to Bolster Growth of the Payroll Connectivity Platform of the Future
Argyle , a leading provider of direct-source income and employment data, has closed a $30 million funding round, spearheaded by Rockefeller Asset Management’s Fintech Innovation Fund, with continued support from Bain Capital Ventures, Signa
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
Venture CapitalDeel Is Acquiring Payroll Company PaySpace
Deel, a global payroll and HR company, has announced its acquisition of PaySpace, an African-based payroll and HR company, enhancing its position as a market leader in global payroll and expanding its infrastructure. This acquisition, along
Venture CapitalElevating Employee Health: Vitrue Health's $4M Boost for Advanced MSK Digital Platforms
Vitrue Health , a London-based digital platform focusing on musculoskeletal (MSK) health for workplaces, has secured $4M in funding, increasing their total to $7M. Led by MC Ventures and Hambro Perks, the investment will fuel expansion in t
Venture CapitalDeel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy
Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De
Venture CapitalIntenseye Secures Record-breaking $64M Series B to Advance Its Mission of Transforming Workplace Safety With AI
Intenseye , an AI-powered workplace safety leader, has raised $64 million in Series B funding, marking the largest investment in the sector. The company is recognized for its innovative technology that proactively identifies workplace hazar
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
Venture CapitalInterview Kickstart Skyrockets with $10 Million Funding to Expand Global Tech Education Reach
Interview Kickstart , based in San Francisco, has raised $10M in funding led by Blume Ventures, aiming to solidify its US presence and expand globally. Co-founded by Soham Mehta and Ryan Valles, the platform focuses on tech and AI workforce
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
Venture CapitalY Combinator Alum Axle Health Raises $4.2M to Scale Its Home Health Care Software Platform
Axle Health , a Y Combinator alum, has successfully raised $4.2M in seed funding to expand its innovative home health care software platform, bringing its total funding to $4.4M. The investment, led by Pear VC and followed by TRAC VC, will
Venture CapitalBridging the Gap: HelloHive Secures $3.4M Series A to Empower Underrepresented Job Seekers
HelloHive, securing a $3.4 million Series A funding, is spearheading a revolution in the hiring process by emphasizing talent and potential over traditional metrics like education and past employment. Founded by Byron Slosar, HelloHive aims
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
EarningsFiverr Announces Fourth Quarter and Full Year 2023 Results
Fiverr International Ltd. reported robust financial performance for 2023, exceeding its set targets for revenue and Adjusted EBITDA. The company's strategic focus on AI integration and expanding its complex service offerings significantly c
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.
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 CapitalAtlas: The Argentine Startup Revolutionizing Global Contractor Benefits with $2.75 Million in Seed Extension Funding
Karen Serfaty, Gianina Rossi, and Josefina Van Thienen, engineers from Argentina, identified a common issue for contractors working for U.S.-based companies—managing taxes and receiving payments in non-local currency. To address these chall
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
Product NewsSourceNow announces the launch of SourceNow VMS: The Evolutionary Breakthrough Transforming Temporary Staff Management
SourceNow has launched a groundbreaking Vendor Management System (VMS), SourceNow VMS, designed to revolutionize temporary staff management. This comprehensive ecosystem aims to address the challenges of traditional temporary staffing metho
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 NewsUKG Launches Global Innovation Hub in Bulgaria
UKG Inc., a leading provider of HR, payroll, workforce management, and culture solutions, has announced the opening of its new Global Innovation Hub in Bulgaria, aiming to accelerate the delivery of solutions that foster great workplace exp
ColumnUKG: An Estimated 16.1 Million U.S. Employees to Miss Work Super Bowl Monday, Millions More Plan to Show Up Late
This article examines the impact of Super Bowl LVIII on workplace absenteeism and productivity in the U.S., based on research conducted by The Harris Poll for the UKG Workforce Institute. An estimated 16.1 million U.S. employees are expecte
Company NewsFountain Ushers in a New Era of Workforce Management with the Launch of Fountain Onboard and Fountain Compliance
Fountain introduces Fountain Onboard and Fountain Compliance, AI-driven solutions transforming workforce management for frontline workers. These platforms streamline onboarding and compliance, enhancing efficiency, engagement, and retention
Company NewsToday Ceridian officially became Dayforce.
In a significant move that underscores its commitment to innovation and excellence in the human capital management (HCM) sector, Ceridian has announced its plan to rebrand as Dayforce, effective January 2024. This decision aligns with the c
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