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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ADP National Employment Report: Private Sector Employment Increased by 184,000 Jobs in March; Annual Pay was Up 5.1%
ROSELAND, N.J. , April 3, 2024 -- Private sector employment increased by 184,000 jobs in March and annual pay was up 5.1 percent year-over-year, according to the March ADP ® National Employment Report™ produced by the ADP Research Inst
Venture CapitalRemote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent
Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin
Venture CapitalModal Announces $25 Million Series A to Upskill Employees in AI
Modal, a premier skills development platform specializing in data and analytics training, has successfully secured a $25 million Series A funding led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital
Product NewsJosh Bersin Company's Irresistible 2024 Confirms Stellar Speaker Line-Up and Global HR Leader Agenda
HR leaders from Marriott International, Microsoft, Accenture, IBM, The Coca-Cola Company and The Walt Disney Company among keynote speakers and session hosts at the third successive Irresistible AI and its challenges and opportunities exp
Venture CapitalMetaview's Game-Changing $7M Series A: Pioneering the Future of AI-Driven Hiring
Metaview , an innovative startup, has raised $7M in Series A funding led by Plural, with participation from notable investors and angels. Since its 2018 inception, Metaview has aimed to transform the hiring process by leveraging unstructure
Product NewsOracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities
Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus
Venture CapitalBrightside Health Raises $33M in Series C to Expand Telemental Health Services Nationwide
Brightside Health, a provider of teletherapy services for depression, anxiety, and other mood disorders, has successfully raised $33 million in Series C funding. The round was led by S32 and included both existing and new investors such as
Company NewsWorkForce Software Receives Additional Industry Awards for Top HR Software Company of 2024 and Top Workforce Management Provider
WorkForce Software is named a Top 25 HR Software Company in 2024 by The Software Report and a Top Workforce Management Brand by DHRmap for improving employee management at leading global companies, delivering rapid ROI on workforce technolo
Venture CapitalCloverleaf Secures $7.3 Million Series A Extension Led by Advantage Capital
Cloverleaf , a leader in automated coaching technology, has announced a $7.3 million Series A extension led by Advantage Capital. The investment boosts Cloverleaf’s total funding to $20 million, fueling its mission to maximize employee tale
Venture CapitalZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures
ZayZoon , a leader in Earned Wage Access (EWA) for SMBs, announced a $15 million raise in its Series B extension, reaching a total of $49.5 million, led by Viola Fintech and Intuit Ventures, alongside Framework Venture Partners and EDC. Thi
Product NewsQuantum Workplace Launches HR Into the AI-Empowerment Era with New Suite of AI Tools
Quantum Workplace introduces innovative AI-powered features aimed at enhancing HR and managerial efficiency and effectiveness. Emphasizing culture as a competitive edge, the platform integrates tools like Smart Summary, Action Planning Idea
Company NewsAlight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move
Company NewsCornerstone Acquires Talespin
Cornerstone OnDemand Inc. , a pioneer in learning and talent solutions, has announced its acquisition of Talespin's extended reality (XR) capabilities, emphasizing a shift towards immersive spatial learning in the workplace. This strategic
Company NewsUNLEASH America 2024: America’s premier HR conference and expo
UNLEASH America to feature more than 200 speakers, including Earvin “Magic” Johnson, across 14 stages and summits, where HR, learning, AI, innovation and inspiration intersect LONDON & LAS VEGAS-- UNLEASH , a global digital media and events
Venture CapitalLMS365 Acquires Pioneering HR Technology Platform Valuebeat to Elevate Workplace Culture and Employee Engagement with Real-Time Human Data and Machine Learning
LMS365 , an AI-powered learning, engagement, and performance platform integrated with Microsoft 365, has acquired Valuebeat, a startup focused on enhancing company culture and employee values through data-driven insights. This acquisition s
Venture CapitalServiceNow Announces Acquisitions of 4Industry and EY Smart Daily Management Application to Drive Innovation for Smart Industrial Environments and Connected Workers
ServiceNow, a leader in digital workflows, has announced the acquisition of 4Industry and Smart Daily Management from EY, bolstering its operational technology management capabilities. This strategic move enhances ServiceNow's offerings wit
Venture CapitalVivup and Perkbox to Combine, Creating a World-Class, All-in-One Employee Wellbeing, Benefits and Engagement Platform
Vivup and Perkbox, leaders in employee wellbeing and benefits, have announced a merger with strategic investment from Great Hill Partners. This collaboration aims to create a top-tier platform for employee benefits and engagement, enhancing
Product NewsBullhorn Copilot Launches With AI Tools Tailored to the Staffing Industry
Bullhorn , a global leader in staffing and recruitment software, announced the launch of Bullhorn Copilot, a comprehensive AI solution designed to enhance recruitment processes. Copilot integrates generative, source and match, and directive
HR TechnologyBirth of the First AI Engineer: How Devin is Redefining the Software Industry
In the cutting-edge realm of artificial intelligence and software development, a revolutionary milestone has been reached with the introduction of Devin, the world's first fully autonomous AI software engineer. Created by the innovative min
Product NewsSapia.ai Unveils SAIGE™: A world-first Gen AI-powered conversational intelligence engine for talent management
Sapia.ai has launched SAIGE™, an innovative generative AI model transforming global workforce management. By leveraging a unique large language model developed over six years, SAIGE™ conducts blind chat interviews to evaluate candidates, of
Product NewsiCIMS Launches New GenAI-Powered Recruiting Assistant, Advancing its Longstanding Artificial Intelligence Program
iCIMS has launched a new generative AI-powered recruiting assistant, iCIMS Copilot, enhancing its Talent Cloud with next-generation job site integrations and other improvements. This release aims to provide talent acquisition teams with bet
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 NewsCreating the Future: Conversational AI Innovator Paradox Promotes Industry Leader Adam Godson to CEO
Paradox , a leader in HR and recruiting through Conversational AI technology, has promoted Adam Godson to CEO, with founder Aaron Matos transitioning to Executive Chairman. The company, known for its significant growth and innovative produc
Company NewshireEZ:What is ai for recruiting and will it replace recruiters?
Unveiling AI Recruiting: Your Friendly Sidekick in the Hiring World In a world where tech lingo seems to evolve faster than we can say “algorithm,” there's a buzzword that's been making waves in the recruiting realm: AI recruiting. But what
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 CapitalLettuce Financial Launches Solution to Democratize Accounting and Tax Services for Solopreneurs; Announces $6 Million in Seed Funding
Lettuce has launched a comprehensive solution targeting solopreneurs, offering accounting and tax services aimed at democratizing financial management in this sector. They have raised $6 million in seed funding led by Zeev Ventures to sup
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
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