Search results for “50 million”
122 stories
The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300First Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the
Venture CapitalTuned Secures $3.2M Seed Extension to Scale Hearing Health Benefits for Modern Workforce
Tuned , a digital hearing health innovator, has successfully raised an oversubscribed $3.2 million seed extension, led by Unum Group with participation from Distributed Ventures. This funding boosts Tuned's total capital to $8.2 million, un
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
EarningsA $4.6 Billion Q4 for ManpowerGroup: Balancing Revenue Decline with Strategic Foresight
Revenues of $4.6 billion (-4% as reported, -5% constant currency) Continuation of challenging environment in North America and Europe during the quarter, solid demand in LATAM and APME Gross profit margin of 17.5%. Staffing margins re
NewsWelcome to the Jungle Acquires Otta, Revolutionizing the HR Tech Landscape
Welcome to the Jungle , a French leader in employer branding and recruitment solutions, announces the strategic acquisition of Otta, a UK-based job search platform. This move marks a significant expansion in Europe and initiates Welcome to
Product NewsIndeed Introduces Specialist Media Networks, Helping Employers Reach More Skilled Professionals Across Industry-Specific Sites to Hire for Hard-to-Fill Roles
Indeed introduces Specialist Media Networks to streamline the hiring process for difficult-to-fill roles in specific industries. This innovative approach involves distributing job advertisements across industry-specific websites, targeting
Product NewsSterling to Offer Market Leading Clinical Solutions Through Acquisition of Vault Workforce Screening
Sterling Check Corp (NASDAQ: STER), a distinguished leader in background screening and identity services, has strategically acquired Vault Workforce Screening, a prominent U.S. clinic management platform. This acquisition not only expands S
Product NewsAon’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
Venture CapitalWork Shield raises $6 million from Ballast Point Ventures
Work Shield, a Dallas-based incident management technology firm, has secured a $6 million investment from Ballast Point Ventures. This strategic move aims to bolster Work Shield's comprehensive solution for reporting, investigating, and res
Venture CapitalADP 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.
EarningsPaycor Announces Fourth Quarter and Fiscal Year 2023 Financial Results With Strong Revenue Growth
CINCINNATI, Aug. 16, 2023 -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (“HCM”) software, announced financial results for the fourth quarter and full fiscal year 2023, which ended June 30, 202
EarningsZipRecruiter Announces Net Income of $14 Million for Second Quarter 2023 Results
SANTA MONICA, Calif., Aug. 8, 2023-- ZipRecruiter , a leading online employment marketplace, announced financial results for the quarter ended June 30, 2023. “Against a challenging macroeconomic backdrop, ZipRecruiter was able to deliver $1
ColumnLinkedIn's Revenue Surpasses $15B for the First Time: Microsoft's Q4 FY23 Earnings
Microsoft announced its Q4 FY23 earnings, which included several highlights for LinkedIn. In Q4, LinkedIn's revenue increased by 5% year-over-year (7% in constant currency), surpassing $15 billion for the first time this fiscal year. Member
Company NewsTriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue
TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.
Venture CapitalWorkforce Management Platform When I Work Acquires Fintech Startup Lean Financial
When I Work plans to introduce custom financial products for hourly workers in early 2024. MINNEAPOLIS – July 11, 2023 –Today, When I Work , a market leader in shift-based workforce management software used by more than 200,000 workplaces
Venture CapitalHireRight Acquires Majority Share of DTIS
Nashville, Tenn. — July 6, 2023 — HireRight Holdings Corporation (NYSE: HRT), a leading provider of global background screening services and workforce solutions, today announced the acquisition of a majority share of Digital Trusted Ident
Venture CapitalClair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day
July 6, 2023 – Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th
Product NewsSilver Lake and CPP Investments Complete Acquisition of Qualtrics
Qualtrics, the leader and creator of the Experience Management (XM) software category, has announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with Canada Pension Plan Invest
Company NewsCaltius Structured Capital Fuels AspireHR’s Growth with Significant Debt and Equity Investment
Dallas, TX – June 21, 2023 – Caltius Structured Capital , is pleased to announce a debt and equity investment in AspireHR, a Human Capital Management (HCM) implementation, software, and managed services firm. The strategic infusion of capit
Company NewsCeridian Reports First Quarter 2023 Results, Total Revenue Up 26.4% to $370.6 Million
Dayforce recurring revenue up 43.8% year-over-year, or 46.0% on a constant currency basis Total revenue of $370.6 million, up 26.4% year-over-year, or 29.3% on a constant currency basis Operating profit of $38.4 million and adjusted operati
Venture CapitalA Technical Hiring Platform London-based hackajob Raises $25M in Series B Funding
hackajob , a London, UK-based provider of a technical hiring platform, raised $25M in Series B funding. The round was led by Volition Capital , with participation from existing investors AXA Venture Partners and Foresight. The company inten
Venture CapitalGigs Secures $2.7 Million in Pre-Seed Funding to Connect Companies to Job Seekers Looking for Hourly Roles in Their Neighborhood.
LOS ANGELES – May 1, 2023 – Gigs , the job platform that connects companies to job seekers looking for hourly jobs in their neighborhood, announced today the company’s official launch of its employer portal to help retailers, food and bev
Product NewsTriNet Announces First Quarter 2023 Results, 2% Growth in Total Revenues to $1.2 Billion
6% Growth in Professional Service Revenues to $205 million 2% Growth in Total Revenues to $1.2 billion Net Income per Diluted Share of $2.17 and Adjusted Net Income per Diluted Share of $2.49 TriNet Group, Inc. (NYSE: TNET), a leading pro
Venture CapitalLMS365 Raises $20 Million to Enhance Employee Training through Microsoft Integration
LMS365 , a Danish online learning management system (LMS) designed for seamless integration with Microsoft products, has secured $20 million in its first institutional funding round. The platform, which is utilized by companies such as logi
Company NewsWith LinkedIn’s New Verification Features Including CLEAR And Microsoft Entra, Services Will Be Available And Free To All LinkedIn Members
April 12, 2023/--On LinkedIn, when you show that you're the real you, you'll have an even greater chance of finding the professional opportunities that matter to you and your community. That’s why we introduced verification options in Octob
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
Column2023 Feb DHR Highlights: AI Becomes New Trend of Investment
In February 2023, DHRmap compiled and published a total of 33 investment and financing news, of which 23 were investment news and 10 were acquisition news. Meanwhile, several prominent leaders in the HR field, such as Workday , the Adecco G
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
EarningsSeek Announces Fiscal Year 2023 Half Year Results, Revenue up 21% Year over Year to Au$626.7 Million
Feb. 21, 2023 -- SEEK , a market leader in online employment marketplaces that span ten countries across Asia Pacific and Latin America, announced half year financial results for the fiscal year 2023. Highlights Half year revenue rose 21% y
Events
Never miss what matters in HR tech.
The deals, launches, and decisions shaping the future of work — distilled every week.