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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300A leader in HR technology PrismHR Raise The Bar At PrismHR LIVE 2023
MARCH 22,2023/ -- PrismHR , the leading HR technology software powering payroll, benefits, and HR for businesses across the U.S., today announced details about its annual event, PrismHR LIVE . Being held at the JW Marriott in Austin, Texas,
Venture CapitalA San Francisco, CA-based provider Clerk raised $15M in Series A funding led by Madrona for React authentication and user management
MARCH 22,2023/-- Clerk , a San Francisco, CA-based provider of a drop-in authentication and user management solution for React, raised $15M in Series A funding. The round was led by Madrona, whose managing director Karan Mehandru joined the
Venture CapitalRain Instant Pay Closes Historic Funding, $116M Total in Series A
Rain , a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A wit
Product NewsPaylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software
Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise SCHAUMBURG, Ill., March 21, 2023 -- Paylocity (NASDAQ: PCTY) today announced AI Assis
Company NewsBeisen, China's Leading Cloud HCM Provider, Passes HKEX Hearing, Preparing for Main Board Listing
March 20, 2023 - Beisen Holding Limited ("Beisen"), a Beijing-based company, announced that it has successfully passed its listing hearing on the Hong Kong Stock Exchange (HKEX). Following the hearing, the company unveiled its prospectus an
HR TechnologyMicrosoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots to help enhance its HCM
The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings The deal will also enable ZingHR to increase the efficie
Venture CapitalWingspan Secures $14 Million in Series A Funding to Boost Payroll and Benefits Platform for Flexible Workforce
NEW YORK, March 16, 2023-- Wingspan , a leading payroll and benefits platform specifically designed for flexible workforces, announced today that it has secured $14 million in Series A funding. This latest round, led by Andreessen Horowitz,
Venture CapitalRiseKit raises $4.75M for recruiting diverse talent, empowering marginalized communities with job opportunities
MARCH 15, 2013/-- RiseKit , a US-based startup looking to change the way enterprises source diverse talent from community organizations, recently raised $4.75 million in funding. The failure of Silicon Valley Bank (SVB) has rocked markets a
Company NewsWorkday:How AI and ML Are Powering the Future of Work
At Workday, we’ve embedded AI and ML into the very core of our platform—delivering unrivaled business adaptability and competitive advantage to our customers. Here’s how. Workday has long believed that artificial intelligence (AI) and machi
Company NewsGusto Payroll Processing is Not Impacted by the Silicon Valley Bank Situation
Background: The bankruptcy of Silicon Valley Bank has had a widespread impact, particularly on companies that provide payroll services for employees. We have seen a number of companies issuing announcements and updates regarding the situati
Venture CapitalMentorcliQ receives $80M investment to enhance enterprise mentorship and inclusive culture.
COLUMBUS, Ohio– MentorcliQ , a leader in employee mentoring software, today announced a strategic growth investment of over $80 million from PSG, a leading growth equity firm partnering with software and technology-enabled services companie
Venture CapitalFount Global Raises $8M in Series A Funding to Tackle Employee Disengagement and Boost Productivity"
The SaaS provider more than doubled ARR and added 10 new enterprise customers in 2022. The additional funding will be used to launch new features targeting key talent segments and further advance the product and technology infrastructure. W
Product NewsThe Josh Bersin Company's Irresistible 2023 Conference Announces Impressive Speaker Line-Up and Agenda for Global HR Leaders
Executives from Moderna, Rivian, Mastercard, Tyson Foods, and Liberty Mutual Insurance among keynote speakers and session hosts at this year's event at USC , Los Angeles , June 20-22 "TED Talk" style learning sessions, panel discussions,
Venture CapitalGlider AI secures $10M Series A funding to help enterprises shift to skills-based hiring and guarantee candidate fit.
CUPERTINO, Calif.– Glider AI , a Skill Intelligence Platform, closed a total of $10M in Series A funding from Primera Capital and other industry leaders. Recognized by Staffing Industry Analysts (SIA) as the most innovative HR technology,
Company NewsPapaya Global Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023
TEL AVIV, Israel , March 2, 2023 -- Papaya Global , the SaaS fintech company providing global payroll and payments technology, has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2023. T
Venture CapitalMercer acquires Leapgen, furthering investment in digital HR strategy market
Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran
Venture CapitalRecruiting Startup 24 Seven Announces Acquisition of SketchDeck
NEW YORK , March 1, 2023 -- 24 Seven , one of the nation's largest privately held, digital marketing and creative recruiting firms, is excited to announce the acquisition of SketchDeck . SketchDeck is a unique design studio offering on
Venture CapitalAnalytics Automation Platform Savant Labs Secures $11M Funding to Ease Operational Analytics with Drag-and-Drop No-code, Low-code Analytics Automation
Fueled by the investment, Savant Labs Innovates on Self-service Analytics Automation in the Cloud with a Unique Drag-and-Drop No-code, Low–code Approach SAN MATEO, Calif , March 1, 2023 -- Savant Labs ( savantlabs.io ), the automation plat
ColumnWorkday Announces Fiscal 2023 Fourth Quarter and Full Year Financial Results, Fourth Quarter Total Revenues Up 19.6% Year Over Year to $1.65 Billion,
Fiscal Fourth Quarter Total Revenues of $1.65 Billion , Up 19.6% Year Over Year Subscription Revenues of $1.50 Billion , Up 21.7% Year Over Year 24-Month Subscription Revenue Backlog of $9.68 Billion, Up 21.3% Year Over Year Total Subsc
Venture CapitalTalent Management and Engagement Suite WorkLLama Raises $50M to Accelerate Growth in Direct Sourcing and Talent Relationship Management
WorkLLama raises investment to continue evolving its platform of products to serve enterprise and staffing markets ALPHARETTA, Ga. , Feb. 24, 2023 -- WorkLLama , technology provider of an AI-driven, talent marketing, relationship manageme
Venture CapitalEmpyrean Acquires Employee Communications and Engagement Platform and Launches +YOU, a Holistic Solution That Improves Employee Productivity, Wellbeing, and Retention
HOUSTON , Feb. 20, 2023 -- Empyrean , a company committed to building better corporate cultures through benefits, today announced the acquisition of employee communication and engagement platform Enspire . Through the acquisition, Empyr
EarningsAMN Healthcare Announces Fourth Quarter and Full Year 2022 Results, Revenue Falls 17% in Q4 with Decline in ‘Nurse and Allied Solutions,’ Revenue up in Other Segments
Quarterly revenue of $1.13 billion , 4% above high end of guidance; GAAP EPS of $1.88 and adjusted EPS of $2.48 DALLAS, Feb. 16, 2023 -- AMN Healthcare Services , Inc. (NYSE: AMN), the leader and innovator in total talent solutions for
Venture CapitalKanarys, Inc. Announces $5M Series A Round and Expands its Leadership Team with Six Senior-Level Hires
Kanarys co-founder and CEO joins less than 20 Black female founders who have raised more than $10M . DALLAS , Feb. 15, 2023 -- Kanarys, Inc. , a diversity, equity, inclusion, and belonging (DEIB) technology company focused on providing
Venture CapitalEnterprise Engagement Platform Technologies Leader Augeo Acquires Brand Networks—Accelerating Social Activation across its Global Leading Engagement Solutions
ST. PAUL, Minn. , Feb. 15, 2023 -- Augeo , a global leader in enterprise engagement platform technologies, announced today that it has acquired Brand Networks —a social media marketing pioneer that provides global enterprises with AI-pow
EarningsRandstad Announces Fourth Quarter and Fiscal Year 2022 Results, Revenue of € 27.6bn and Underlying EBITA of € 1.3bn.
Feb. 14, 2023 -- Randstad , the world's largest talent company, today announced financial results for the fourth quarter and fiscal year ended December 31, 2022. highlights Q4 2022 organic growth: 2.4% Q4 2022 underlying EBITA: € 364m Q4
EarningsRecruiting Holdings Announces Third Quarter Fiscal Year 2022 Financial Results, with Total revenue of $6.7 Billion
TOKYO, JAPAN (Feb. 13, 2023) - Recruit Holdings Co., Ltd. ("Recruit Holdings" or the "Company") today announced its consolidated financial results for the nine months ended December 31, 2022 (April 1, 2022 to December 31, 2022) Consolidated
Company NewsUS-based Talent Platform Upwork Expands to Support Full-Time Hiring, Further Unlocking the World’s Work Marketplace for All
New end-to-end hiring solution enables businesses to find, vet, hire and pay global talent for full-time work, with tools to address complexity and risk SAN FRANCISCO, Calif. – February 13, 2023 – Upwork (NASDAQ: UPWK), the world’s work m
Venture CapitalUS Based HR Tech Spinout Performica Raises $3M on its Seed Round
The technology company raised $3 million in its initial round of funding led by Surface VC and Bowery Capital. Performica , software helping companies transform people risk into their superpower, announced that it has raised $3 million in i
Venture CapitalUK-based Learning Experience Platform HowNow Secures £4 million Series A investment from Mercia Asset Management and Pearson
HowNow , a learning experience platform (LXP) that helps companies onboard, upskill and support employees faster everywhere they work – has secured a Series A £4m($4.8m) investment from Mercia Asset Management and the world’s leading learn
Venture CapitalS2Verify, One of the Fastest Growing U.S. Companies, Acquires Yale Background Screening - Doubling its Size Overnight
ATLANTA , Feb. 3, 2023 -- Today, the S2Verify board of directors announced the firm's acquisition of New-York -based Yale Background Screening (Yale Associates, Inc), a highly reputable company with long-standing, multi-year relationships
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