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Venture Capital

Vestwell's Series D Success: Paving the Future of Fintech with $125 Million

Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major

Dec 22, 2023
Venture Capital

IntelliBoard Secures New Funding to Accelerate Growth and Help Organizations Improve Learning Outcomes

IntelliBoard, a prominent provider of learning analytics, has successfully secured new funding led by Advantage Capital and Connecticut Innovations. This strategic investment aims to propel IntelliBoard's growth and enhance learning outcome

Dec 22, 2023
Product News

Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results

Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana

Dec 21, 2023
Product News

Aon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market

Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared c

Dec 20, 2023
Venture Capital

TuMeke Secures $10M in Series A from Intel Capital: Revolutionizing Ergonomic Safety in Manufacturing

TuMeke , an innovative company combining AI and ergonomics for workplace safety, recently secured $10M in Series A funding led by Intel Capital. The funds will support the expansion of TuMeke's expert team, dedicated to revolutionizing inju

Dec 19, 2023
Venture Capital

Salt Labs Raises Additional $8M to Bring Loyalty Earned Assets to the Workforce

Third Prime invests  $8 million  in Salt Labs, bringing the total amount raised by the company to  $18 million  in less than a year NEW YORK ,  Dec. 19, 2023     Salt Labs , a loyalty and financial technology company that bridges the gap be

Dec 19, 2023
Venture Capital

CareerFairy's Innovative Leap: Securing Multimillion-Euro Investment for Gen Z Recruitment Revolution

CareerFairy , a trailblazing video recruiting platform based in Zurich, Switzerland, has secured a multimillion-euro investment to revolutionize the job search for Generation Z. Spearheaded by European media giant Mediahuis, alongside notab

Dec 19, 2023
Company News

Jim McCoy Takes the Reins at Atlas HXM to Bolster Global Business Alliances

Atlas Appoints Jim McCoy as New Chief Executive Officer to Enhance Global Enterprise Partnerships. Atlas HXM has appointed Jim McCoy, a seasoned leader from ManpowerGroup, as their new CEO. McCoy is recognized for his expertise in global wo

Dec 19, 2023
Company News

bswift Launches Next-Generation Mobile App for Effortless Benefits Management

bswift , a leader in benefits administration technology, has unveiled its latest innovation: a next-generation mobile app designed to revolutionize benefits management. Catering to a diverse, multi-generational workforce, the app offers sea

Dec 18, 2023
Company News

HiBob 2023: Revolutionizing the Workplace with Innovative Bob Platform Features

It’s been a busy year for us here at HiBob. Our 2023 roadmap theme was “Building the exceptional,” highlighting our dedication to continuously go above and beyond to deliver an even better HCM for our customers everywhere. We rose to the ch

Dec 18, 2023
Venture Capital

nCoreHR's EUR2M Boost: Pioneering Recruitment Tech on a Global Scale

nCoreHR , a Milan-based company specializing in HR technology, provides a cloud-based platform for automating recruitment processes. Their software focuses on reducing non-core operations for HR professionals, improving efficiency in handli

Dec 15, 2023
Product News

Quantum Workplace Acquires TalentKeepers

Quantum Workplace , a renowned employee success platform and partner in the Best Places to Work Programs, has acquired TalentKeepers, known for its employee engagement and retention solutions. This acquisition combines Quantum Workplace's e

Dec 14, 2023
Company News

Majority of Hourly Workers Unconcerned About AI Replacing Their Jobs

The 5th Annual Branch Report reveals insights into the perspectives of hourly workers regarding AI's impact on job security. Contrary to popular belief, a significant number of these workers are not worried about AI replacing their jobs. Th

Dec 14, 2023
Column

ADP Named Market Leader in Global Payroll by Everest Group, NelsonHall and Ventana Research

Three Major Industry Analyst Rankings Highlight ADP's Strengths in Geography, Technology, Customer Experience and Analytics ROSELAND, N.J. ,  Dec. 13, 2023  In three separate recent reports by leading industry analysts, ADP was recognized a

Dec 13, 2023
Company News

Lattice Announces Sarah Franklin as New CEO: A Step Towards Enhanced Employee Engagement

Lattice , a prominent company in performance management and employee engagement, announces a significant leadership transition. Effective January 2, 2024, Sarah Franklin will take the helm as CEO, bringing her vast experience from Salesforc

Dec 12, 2023
Product News

Upwork Study Finds 64 Million Americans Freelanced in 2023, Adding $1.27 Trillion to U.S. Economy

The "Freelance Forward: 2023" report by Upwork reveals a significant shift in the U.S. labor market towards freelancing. With 64 million Americans, or 38% of the workforce, now freelancing, the sector contributes $1.27 trillion annually to

Dec 12, 2023
Product News

Checkr's Strategic Expansion: Launching Pay and Onboard for Enhanced Flexible Workforce Management Beyond Background Checks

Checkr, a leading HR technology company, has announced a significant expansion with the introduction of Checkr Pay and Checkr Onboard. These innovative solutions are designed to streamline payment and onboarding processes for the rapidly gr

Dec 12, 2023
Product News

Yellow.ai Announces Listing of its Generative AI-powered Voicebots and Chatbots on Zendesk Marketplace

The listing will enable enterprises to deliver human-like experiences through Yellow.ai's Dynamic Automation Platform (DAP), leading to 60 percent reduction in operational costs. SAN MATEO, Calif. ,  Dec. 12, 2023   Yellow.ai , a global lea

Dec 12, 2023
Venture Capital

ContactMonkey secures $55M in Series A funding, led by Updata Partners

ContactMonkey, an innovative internal email communications platform, has recently secured a significant $55 million in Series A funding from Updata Partners. This investment comes at a crucial time when employee engagement is increasingly v

Dec 7, 2023
Topics

The Silver Tsunami: Over 2.4 Million US Older Workers Eye Early Retirement Amid Skill Gaps

A new survey from Multiverse also reveals that 41% of these workers would be willing to remain active in the labor market if provided with better access to training NEW YORK ,  Dec. 7, 2023  /PRNewswire/ -- As a growing number of older work

Dec 7, 2023
Product News

ADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%

ROSELAND, N.J. ,  Dec. 6, 2023  Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November  ADP ®  National Employment Report™  produced by the ADP Research In

Dec 6, 2023
Product News

Workleap acquires US-based Pingboard, an employee experience SaaS company recognized for its industry-leading org chart and employee directory capabilities

After receiving a $125M CAD investment from CDPQ, Workleap made an acquisition to accelerate its growth strategy, increase market share and broaden product offerings. MONTREAL ,  Dec. 6, 2023   Workleap , a leading software company behind p

Dec 6, 2023
Company News

WorkJam Launches Industry-First Automated Attestation Module to Simplify Time and Attendance Tracking for Frontline Employees

WorkJam, a leading digital workplace for frontline employees, has launched an innovative Automated Attestation Module to streamline time and attendance tracking. This module, a first in the industry, enhances compliance with local labor law

Dec 6, 2023
Column

News Brief: AdventHealth Selects Workday to Support Its Commitment to Whole-Person Care

PLEASANTON, Calif., December 5, 2023  --  Workday, Inc.  (NASDAQ: WDAY), a leader in enterprise cloud applications for  finance  and  human resources , today announced that AdventHealth has selected  Workday Financial Management ,  Workday

Dec 5, 2023
Product News

Revolutionizing Talent Management: The Predictive Index Acquires Performance Management Leader Charma

The Predictive Index (PI), a foremost talent optimization platform, has recently acquired Charma, previously known as WorkPatterns. This strategic move merges over 65 years of PI's behavioral science expertise with Charma's advanced perform

Dec 5, 2023
Company News

The Josh Bersin Company Introduces Systemic HR™, a Global Initiative to Redefine the Role of Human Resources in Business

The Systemic HR™ Initiative by The Josh Bersin Company represents a groundbreaking shift in the HR landscape. This multi-year program, backed by over 25 years of research, redefines HR's role in modern business. Moving beyond traditional mo

Dec 5, 2023
Venture Capital

Canadian AI-Powered Engagement Platform ThoughtExchange Lands $13.5M Equity Investment for Business Expansion

ThoughtExchange, a leading AI engagement and survey platform, recently secured a substantial $13.5M equity investment. This financial boost, led by InBC Investment Corp. along with various established investors, underlines the platform's in

Dec 4, 2023
Venture Capital

Indian SaaS Powerhouse ProHance Gains Major Investment from ChrysCapital

ProHance, a leading workplace analytics and operations management SaaS provider, announced a significant investment from ChrysCapital, a prominent Indian investment firm. This strategic move is set to accelerate ProHance's global expansion,

Dec 1, 2023
Product News

Paylocity acquires Trace, an innovative solution for headcount planning

On December 1, 2023, Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, announced its acquisition of TraceHQ.com, Inc., a company offering an innovative solution for headcount planning. This acqui

Dec 1, 2023
Venture Capital

Exectras' Game-Changing Moment: $30 Million Financing from Tacora to Boost SMB Services

Exectras , a prominent service provider for small and medium-sized businesses (SMBs), recently completed a significant debt financing deal with Tacora Capital, securing up to $30 million. This funding will drive the acquisition of merchant

Nov 30, 2023
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