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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Partners Personnel Announces Significant Minority Investment in Staffing Engine Inc.
SANTA BARBARA, Calif. and BOULDER, Colo. , July 7, 2022 /PRNewswire/ -- Partners Personnel announced today that it has made a significant minority investment in Staffing Engine Inc ., which has built a suite of Conversational AI bots a
Venture CapitalVault-Firsthand Acquires Leading Virtual Event Platform CareerEco
Acquisition accelerates corporate access to talent and broadens adoption of edtech solutions NEW YORK , July 5, 2022 /PRNewswire/ -- Vault-Firsthand today announced the acquisition of CareerEco , the pioneers in the virtual events mark
Venture CapitalMunich-based Seatti scores €3 million to optimize approaches to hybrid work
SaaS startup Seatti has picked up €3 million for its pioneering platform that is helping companies unlock the potential of hybrid working, boosting productivity and flexibility for employees and businesses alike. Remote and hybrid working
Venture CapitalSharebite, the Leading Food Benefits Platform, Announces Closing of $39 Million Series B Round
Following a daily order volume increase of 30x in 2021, Sharebite raises new funding round led by Prosus NEW YORK , June 28, 2022 /PRNewswire/ -- Sharebite , the leading food benefits platform designed for the modern workforce, announced
Venture CapitalWorkMotion announces $50 million Series B funding round
HR-tech for global employment firm to expand capabilities to make international onboarding easier 23rd June 2022 – WorkMotion , a leading European HR-tech firm for global employment, today announced a Series B funding round of $50 million
Venture CapitalStaffing Software Leadline Gets $5 Million
NAPLES, Fla. — As the shortage of recruiter resources and lack of accessible technology continues to impact talent acquisition strategies, Leadline, a high-growth recruitment SaaS company, announced the launch of an expanded new software pl
Venture CapitalShiftKey Makes a Strategic Investment in Workforce Management Platform OnShift
Dallas – June 22, 2022, – ShiftKey, the largest platform for connecting independent licensed healthcare professionals with open shifts at healthcare facilities in the U.S. announced today that it has completed a strategic investment in Cle
Venture CapitalCanditech Raises $9 million Seed Round to Create a World without Resumes
TEL AVIV, Israel , June 16, 2022 /PRNewswire/ -- Canditech, the Israeli startup helping companies accurately assess job candidates with the world's first online job-simulation platform, today announced that it has raised $9 million in s
Venture CapitalEmployee Benefits and Insurtech Platform Pazcare Raises $8.2M
Pazcare , a Bangalore-based employee benefits and insurtech platform, announced today it has raised $8.2 million led by Jafco Asia, bringing its valuation to $48 million. The funding also included participation from returning investors 3One
Venture CapitalErudit Gets Investment from LLYC of over $200,000
LLYC Venturing, the company of LLYC SA (BME:LLYC), has made its first investment in Erudit for an amount of 200,000 euros (over 208,000 US dollars) that has developed artificial intelligence technology that empowers companies to improve tal
ColumnNew Research: Cloud-Based HCM Can Redefine Employee Experience
We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT sy
Venture CapitalRemote Talent Platform Revelo Acquires Mexico’s Largest Tech Talent Marketplace Listopro
With the acquisition of Listopro, Revelo, already the largest platform for sourcing, hiring and managing remote tech talent in US time zones, becomes the undisputed leader in providing US companies access to high-quality Latin American tale
Venture CapitalCoachHub raises $200M Series C Funding led by Sofina and SoftBank Vision Fund 2
Digital coaching platform CoachHub plans to further expand in the Asia Pacific and other regions of the world after raising a $200 million Series C. The round, led by Sofina and Softbank Vision Fund 2, comes just eight months after the s
Venture CapitalWorkGenius, a freelance technology company, acquires US based JBC, a staffing company
NEW YORK , June 8, 2022 /PRNewswire/ -- WorkGenius, a freelance technology company has acquired US based JBC, a staffing company, in a landmark deal that together, will aim to transform the freelance staffing industry through proven opera
Venture CapitalNava Benefits Has Raised a $40M Series B
SUMMARY Nava Benefits is thrilled to announce that we have raised $40 million in Series B funding. Hear from our co-founders, Brandon Weber and Donald DeSantis, on what the Nava team has achieved in the last two years, and how we will use t
Venture CapitalGen Z Recruiting Startup RippleMatch Raises $45 Million To Boost Job-Matching Technology
New York-based college recruiting startup RippleMatch raised $45 million in Series B funding, the company announced Wednesday. The investment values the company at $205 million as it bulks up to take on traditional job search giants like Li
JoshBersinJosh Bersin: ServiceNow Acquires Hitch: Entering The Skills And HCM Market
Today was some big news. ServiceNow, the leader in enterprise workflow and employee experience platforms, announced the acquisition of Hitch , a small player in the massive market for skills technology and talent marketplace solutions. Thi
Product NewsADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
ROSELAND, N.J. , June 2, 2022 /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May ADP ® National Employment Report ™ . Broadly distributed to the public each month, free of charge,
EarningsHIRE Technologies Reports $9.1 Million in Revenue, Its Sixth Consecutive Quarter of Revenue Growth
Revenue of $9.1 million for the quarter ended March 31, 2022, up 66% from Q1-2021. Gross margin of $4.5 million was almost double the $2.3 million reported for the first quarter of 2021. Adjusted EBITDA 1 was $1.0 million ($0.1 million - M
Venture CapitalGerman SaaS startup how.fm raises over €5 million to digitize training for warehouse talent
In the war for warehouse talent, how.fm is making sure warehouse workers are more skilled, trained and supported. German SaaS startup, how.fm, has just raised over €5 million in fresh funding. The round was led by Join Capital, with renew
Company NewsVisier Announces Strategic Alliance with Deloitte to Help Companies Improve People Decisions and Deliver Transformational Business Outcomes
Visier Announces Strategic Alliance with Deloitte to Help Companies Improve People Decisions and Deliver Transformational Business Outcomes Strategic relationship brings together the power of Deloitte's Human Capital Analytics & Insights So

Upflex Announces $30M Series A From Top Strategic & Venture Funds
NEW YORK--( BUSINESS WIRE )-- Upflex —the premier global provider of hybrid workspace solutions—announced the closing of its $30 million Series A round. The raise was led by WeWork with participation from notable strategic investors Newm
Product NewsU.S. Independent Professionals Earned an Estimated $247 Billion in 2021 and Have Never Been More Satisfied with Their Work, According to Fiverr’s Fifth Annual Freelance Economic Impact Report
Nearly 70% of freelancers have realized it is more important to be fulfilled in their work than just hold a job Fiverr International Ltd. (NYSE: FVRR), the company that is revolutionizing how the world works together, today released its fif
Venture CapitalVelocity Global Raises $400M in Series B Round
Eldridge and Norwest Venture Partners lead funding round Achieves multi-billion dollar valuation, a 7x increase in one year Investment boosts the company’s Global Work Platform™ that enables businesses and talent to work with anyone, anywhe

Recruiting automation Platform-Fetcher Raises $27 Million in Series B Funding
Fetcher, a NYC-based full-service, recruiting automation platform, raised $27M in Series B funding.

Microsoft Releases Viva Goals: Performance Management Is Sexy Again
One of the most frustrating, tired, and archaic HR practices is performance management. Most of us have had horror stories with our “performance appraisals,” leading HR leaders to try to reinvent performance management all the time.
Venture CapitalBCG:The $12 Billion Opportunity in HR Technology
A flood of new solutions is vying to help companies manage their workforce. In this crowded market, players can pursue three strategies to win share. Talent management is a large and growing challenge at many organizations, and talent manag
Venture CapitalRelative Insight Raises £5m in Funding Led by YFM Equity Partners
Relative Insight , as the industry leader in text analytics, are delighted to announce the completion of a £5m funding round with YFM Equity Partners (YFM) through its managed British Small Companies VCTs. This growth capital investment fro
Venture CapitalElectric Secures $20M In D-1 Funding Round, Bringing Valuation To $1B
NEW YORK — Electric , the leader in providing world-class IT technology for small and medium-sized businesses (SMBs), today announced it has raised $20 million in Series D-1 funding from Harmonic Growth Partners, five months after its $90 m

Upwork Announces the Suspension of Business in Russia and Belarus and Withdraws First Quarter and Full-Year 2022 Guidance due to Uncertainties Related to Russian Invasion of Ukraine
SAN FRANCISCO – March 7, 2022 – Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent, as measured by gross services volume (“GSV”), today announced the suspension of all busines
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