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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ADP Launches ADP Ventures,A Game-Changer in Human Capital Management?
ADP, a global leader in human capital management solutions, has announced the launch of its corporate venture capital arm, ADP Ventures. The new venture aims to invest in early-stage tech startups that align with ADP's innovation strategy.
Company NewsHow WilsonHCG's Outbound Recruiting Strategy Tripled Candidate Response Rates and Reduced Tool Spend
WilsonHCG's Outbound Recruiting Strategy tripled candidates' response rates and reduce tool spending with hireEZ. Find out how hireEZ helps. Read on. Outbound Recruiting Highlights in 2022 More than 2.2 million candidates qualified throug
Company NewsFactorial Acquires YC-Backed Fuell, Expands Into Expense Management Market
Factorial, a leading HR software solutions provider, has acquired Fuell, a Spain-based expense management startup. This marks Factorial's first acquisition and product expansion, positioning it as Europe's first integrated HR and expense ma
Company NewsVisier Appoints Keith Bigelow as Chief Product Officer
Visier, a global leader in people analytics and workforce solutions, has announced the appointment of Keith Bigelow as their new Chief Product Officer. With a rich background in AI, analytics, and enterprise SaaS, Bigelow brings a wealth of
Company NewsSAP SuccessFactors Opportunity Marketplace & SAP Business AI-powered Recommendation
The blog post delves into the intricacies of SAP SuccessFactors Opportunity Marketplace, a platform designed to foster internal mobility, career development, and upskilling within organizations. It highlights how the platform leverages AI-p
Venture CapitalTransfr Secures $40 Million in Series C Funding to Revolutionize VR Workforce Training
Transfr, a New York-based startup, has raised $40 million in a Series C funding round to expand its VR-based workforce training platform. The funding will be used to scale the platform, develop new training simulations, and expand its langu
Company NewsWorkday Unveils New Generative AI Capabilities to Amplify Human Performance at Work
Workday has announced a suite of new generative AI capabilities aimed at amplifying human performance in the workplace. These features, showcased at the annual Workday Rising conference, promise to revolutionize how businesses manage produc
Venture CapitalSports Coaching Platform TeachMe.To Raises $2M in Seed Funding
TeachMe.To , a San Diego-based provider of a lesson hub for beginners, has raised $2 million in seed funding, led by 1984 Ventures and with participation from Common Metal, Alumni Ventures, as well as a syndicate of angel investors, includi
Venture CapitalStudent Review Platform StudentCrowd Raises £2.5M in Funding to Enhance Its Platform and Expand Its Services.
StudentCrowd has raised more than £2.5 million as it aims to become the ‘Tripadvisor of higher education’. The platform provides in-depth information on universities, courses and accommodation and produces its own league tables based on rev
Venture CapitalFinancial Wellbeing Startup Mintago Closes $4.75m Funding Round
Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK. Founded in 2019 by Chieu Cao, the former co-founder and CMO of Perkbox, Mintago helps empl
Venture CapitalErudit Raises $10M Series A to Help Companies Ditch Surveys and Embrace AI to Transform the Employee Experience
In a groundbreaking move that promises to redefine the landscape of Human Resources, Erudit has successfully secured $10 million in a Series A funding round. Led by an impressive consortium of investors including Conexo Ventures, Athos Capi
Venture CapitalNew York-Based Giftpack AI Secures $4.3M in Seed Funding to Revolutionize Corporate Gifting
The raise will further Giftpack's mission to innovate gifting services and enhance platform functionality to help companies get gifting right NEW YORK , Sept. 21, 2023 Giftpack AI , a leading AI-powered corporate gifting platform, today
Venture CapitalAmsterdam-Based Lepaya Secures $38M to Revolutionize Corporate Learning and Close Skills Gaps
Lepaya, a leading corporate EdTech provider, has secured $38 million in funding, marking the largest investment in this sector for 2023. The company aims to revolutionize the $400 billion corporate learning market with its AI-powered capabi
Company NewsChano Fernandez Takes the Helm as Co-CEO of Eightfold AI: A New Chapter in AI-Driven HR
Chano Fernandez has been appointed as the Co-CEO of Eightfold AI, effective January 2024. Previously, Fernandez led HR's transition into the cloud at Workday, where he served as Co-CEO and helped the company grow from $450M to $6B in revenu
Product NewsLattice's New HRIS: A One-Stop Solution for Modern HR Teams
Founded in 2015, Lattice has been a trailblazer in the realm of people management software. Initially focusing on continuous performance management solutions, the San Francisco-based company has since broadened its offerings to include empl
Venture CapitalZayZoon Raises $34.5 Million in Series B Funding to Expand EWA, Employer Engagement Platform
PHOENIX-- ZayZoon , the Earned Wage Access (EWA) provider for small and mid-sized businesses, has raised $34.5 million USD in debt and equity for its Series B financing. The round was led by Framework Venture Partners, with co-investment fr
Venture CapitalHiBob Adds $150M in New Round of Funding to Support Continued Expansion
NYC, USA and London, UK – 19 Sept 2023: HiBob , the company behind ‘Bob’, the HR platform transforming how organizations operate in the modern world of work, today announced it has secured $150M in new funding in a round that was led by Fa
Company NewsTrueBlue Automates Finance and HR with Oracle Fusion Cloud Applications
Oracle CloudWorld, Las Vegas— TrueBlue , a leader in specialized workforce solutions, has achieved a 40 percent return on investment (ROI) since implementing Oracle Fusion Cloud Applications Suite. With Oracle Fusion Cloud Enterprise Resour
Product NewsInside Google's Decision to Cut Hundreds of Jobs in Its Global Recruiting Division
MOUNTAIN VIEW — Google has verified that it will be reducing its workforce by letting go of hundreds of employees involved in recruitment and hiring, as part of ongoing cost-cutting measures in Silicon Valley. In a move that has sent ripple
Venture CapitalSales Commission Startup Performio Scores $13M Funding Round
Performio, a West Hollywood, CA-based incentive compensation software company, raised $13 million in growth capital financing. IRVINE, Calif. , June 14, 2022 Performio , a leading enterprise-grade sales commission software solution provi
Venture CapitalSailes Secures $5.1M Series A Funding to Automate Sales Prospecting with AI
Sailes , the AI startup revolutionizing sales prospecting with its patent-pending Sailebots, has secured $5.1M in a Series A round led by Lewis & Clark Ventures. This funding propels Sailes to new heights in automating sales activities. Sai
Venture CapitalLumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round
SARATOGA, Calif. -- Lumber , creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding. With its fully integrated, purpo
Venture CapitalB2B Fintech Purchasing Power Lands $177M Debt Financing
Purchasing Power, which links employees and companies to provide flexible purchasing benefits, has secured $177M credit facility. This financing underscores investors' confidence in its platform that enables employees to buy electronics and
Company NewsPapaya Global Amplifies U.S. Workforce Capabilities with Comprehensive Payroll and EoR Solutions
With this expansion, Papaya Global provides a complete suite of solutions including Payroll, EoR and PEO, to drive growth by enabling global organizations to hire confidently in the US market TEL-AVIV, Israel , Sept. 12, 2023 - Papaya Glo
Company NewsOyster Announces 30% Role Reduction in Major Reorganization
In a recent announcement that has sent ripples through the tech industry, Oyster's CEO Tony Jamous revealed a significant company-wide reorganization. The restructuring will result in a 30% reduction in roles across the board. This move com
Venture CapitalCommon Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the
Company NewsEasop Announces Strategic Partnership with Carta and Snags Investment from Tech Law Firm Cooley's Fund and SemperVirens
NEW YORK , -- Easop , the equity compensation solution for global teams, announces a significant milestone in its journey towards revolutionizing global employee equity management. In only 18 months, the company has forged a strategic partn
Company NewsPaychex Announces Efrain Rivera Plans to Retire as CFO
ROCHESTER, N.Y.-- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chi
Venture CapitalWoba, an HR Platform for Employee Retention, Raised €2.95M in Funding to Expedite its Worldwide Influence
Woba , a Copenhagen-based HRTech startup, has recently announced that it has raised €2.95 million in funding from existing investors PreSeed Ventures and Denmark’s export and investment fund, EIFO. With this financing round, the company int
Venture CapitalParisian Mental Health Platform Teale Secures €10M for International Growth
Teale , a Parisian digital mental health platform, has raised €10 million in a series A funding round. The capital is aimed at expanding the company's offering beyond its home borders as well as ramping up its current team of 20 to a robust
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