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Venture Capital

ARCOS Acquires Clearion, Expanding its Workforce Management Solutions Portfolio

COLUMBUS, Ohio  – ARCOS® LLC, a leading provider of workforce management solutions for utilities and other critical infrastructure industries, announced today the acquisition of  Clearion , a provider of SaaS and mobile software for vegetat

Oct 31, 2024
Company News

Lattice's 2025 State of People Strategy Report: HR at a Crossroads with AI, DEIB, and Manager Engagement

Lattice 's 2025 State of People Strategy Report reveals that HR is at a critical juncture, facing challenges like declining employee engagement, reduced DEIB prioritization, and the slow adoption of AI. The report emphasizes the importance

Oct 29, 2024
Earnings

TriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges

TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he

Oct 25, 2024
Venture Capital

TalentNeuron Acquires HRForecast, Launches First Unified Strategic Workforce Planning Platform

TalentNeuron, backed by Leeds Equity Partners, has acquired HRForecast, a strategic workforce planning and skills management software provider. This acquisition will create the first end-to-end platform integrating internal workforce data w

Oct 24, 2024
Product News

Unily Introduces First-Ever Bring-Your-Own AI Assistant Platform

Unily has launched the Insight Center, a pioneering solution for integrating and managing digital assistants through its Bring-Your-Own-Assistant (BYOA) capability, offering enterprises flexibility and governance in AI adoption. In addition

Oct 16, 2024
Venture Capital

HR Path Acquires IN-RGY, Expanding Global Reach and Strengthening Canadian Market Presence

HR Path, a global HR consulting leader, has acquired IN-RGY, a Canadian HR digital transformation firm. This acquisition strengthens HR Path's presence in the Canadian market and aligns with their global expansion strategy, supported by a r

Oct 9, 2024
Company News

UKG Ready Simplifies Pay, Culture, and People Operations with Enhancements to All-in-One Suite

UKG has expanded its UKG Ready HR Suite with modified versions of three popular applications: UKG Bryte, UKG Great Place To Work Hub, and UKG One View. These tools, previously available only to large enterprises, are now tailored for small

Sep 24, 2024
Product News

chievers Launches AI Inclusion Coach to Promote Recognition Experiences Built on Belonging

Achievers has launched the AI-powered  Inclusion Coach , a tool designed to reduce unconscious bias in employee recognition by analyzing and suggesting improvements to recognition text in real time. This tool, built on Achievers’ proprietar

Sep 23, 2024
Venture Capital

San Francisco-based Mercor Secures $30M Series A to Transform Global Recruitment with AI

Mercor , an AI-driven hiring platform, raised $30 million in Series A funding at a $250 million valuation. The round was led by Benchmark's Victor Lazarte and Bill Gurley, with participation from notable investors like Peter Thiel, Jack Dor

Sep 19, 2024
News

UKG Eases Burden on Small HR Team in Managing Complex Payroll, Compliance, and People Practices

UKG Ready® is transforming workforce management at the Associated Students of California State University, Chico, a student-led auxiliary that operates university services like cafeterias and childcare centers. By leveraging the all-in-one

Sep 10, 2024
Company News

Mployer Launches Insights+ The Industry's First Employee Benefits Rating

Mployer, a leading provider of employee benefits ratings and analytics, has launched Insights+, an innovative tool that allows employers, employees, and brokers to rate their benefit plans against similar companies. This free solution offer

Sep 10, 2024
Venture Capital

Series A Success: Thatch Secures $38M to Reinvent Health Benefits for All

Thatch , a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand

Sep 5, 2024
Company News

Small and Mid-sized Businesses Simplify Payroll with UKG Ready

The   UKG Ready ® HR Suite  has been recognized on the Constellation ShortList™ for SMB HCM Suites, marking it as a top choice for small and mid-sized businesses in North America. The suite offers comprehensive tools for HR, payroll, and ti

Sep 3, 2024
Venture Capital

Tilt Raises 15M in Series B to Revolutionize Leave Management Technology

Tilt , a leader in leave management solutions, has successfully raised $15 million in Series B funding led by Bramalea Partners, with contributions from HearstLab, Firework Ventures, Origin Ventures, and Techstars. The funding will enable T

Aug 27, 2024
Venture Capital

Lightcast Acquires Talent Intelligence Provider Stratigens

Lightcast , a leader in global labor market data and analytics, has acquired Stratigens, a UK-based talent intelligence provider known for its data science expertise and innovative analytics. Founded by Alison Ettridge, Stratigens excels in

Aug 27, 2024
Product News

Lattice Unveils Game-Changing HRIS at Lattiverse: A New Era in People Management

Lattice  announced the official launch of its highly anticipated Human Resources Information System (HRIS) on October 8th. The full functionality of Lattice HRIS will be showcased at the annual Lattiverse conference. After a successful earl

Aug 26, 2024
Venture Capital

NYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments

Thera , a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll man

Aug 23, 2024
Company News

Workday Announces Fiscal 2025 Second Quarter Financial Results

Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased

Aug 22, 2024
Product News

Fama Announces New Instagram Reels as a Source Feature

Fama Technologies has introduced "Instagram Reels as a Source," a new feature in their AI-driven candidate screening platform. This innovation allows employers to analyze publicly available video content from Instagram Reels to detect workp

Aug 21, 2024
Product News

Salary.com Adds AI-Powered Real-Time Job Posting Data to Portfolio of Compensation Solutions

Salary.com   has introduced SalaryIQ™, an AI-powered, real-time job posting database designed to enhance compensation and recruiting strategies. Leveraging 25 years of experience in job matching, SalaryIQ uses machine learning to scan milli

Aug 21, 2024
Venture Capital

Sprockets Expands Workforce Solutions with HourWork Acquisition: A New Era for Hourly Worker

Sprockets , an AI-powered hiring solution, has acquired HourWork , a leading platform specializing in post-hire engagement and retention. This acquisition aims to enhance Sprockets' product offerings, covering every stage of the employment

Aug 13, 2024
HotNews

National Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued

The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NA

Aug 9, 2024
Venture Capital

When Announces $4.6 Million in Seed Funding to Transform the Employee Offboarding Experience

When, an AI-powered offboarding solution, has raised $4.6 million in a Seed funding round led by B Capital, bringing its total funding to $7 million. The funding will be used to expand When's AI-powered health insurance marketplace and grow

Aug 1, 2024
Venture Capital

Gigpro Secures $16M Series A Financing Round to Transform Hospitality Labor Market

Gigpro , a prominent on-demand labor marketplace for the hospitality industry, secured $16 million in Series A funding led by Foundry, with contributions from Stage 1 Ventures, Stage 2 Capital, and Detroit Venture Partners. This funding wil

Jul 30, 2024
Company News

UKG Names Jennifer Morgan as Chief Executive Officer

UKG, a leading provider of HR, payroll, workforce management, and culture solutions, has appointed Jennifer Morgan as its new CEO. Morgan, a former Co-CEO of SAP and a member of UKG's Board of Directors since 2021, succeeds Chris Todd, who

Jul 29, 2024
Earnings

TriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention

TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar

Jul 26, 2024
Product News

Oracle Helps HR Teams Boost Employee Productivity and Drive Success

Oracle has introduced new user experience capabilities within Oracle Fusion Cloud Human Capital Management (HCM) , known as Oracle Activity Centers . These centers, designed with Oracle's Redwood user experience, are tailored for employees,

Jul 23, 2024
News

Deel is acquiring Hofy

Fast-growing payroll provider Deel has acquired Hofy , a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. Th

Jul 18, 2024
Product News

MyDay™: The Future of Transparent Global Payroll Management by Safeguard Global Pay

Safeguard Global Pay has unveiled MyDay ™, a groundbreaking platform designed to revolutionize global payroll management. This innovative solution aims to eliminate the traditional 'black box' approach to payroll, offering a transparent and

Jul 16, 2024
Product News

ClearCompany Unveils Virtual Recruiter, an AI-Powered Chatbot Assistant for HR

ClearCompany has unveiled its latest innovation, the Virtual Recruiter, an AI-powered chatbot designed to enhance candidate engagement and recruitment efficiency. Available 24/7, the Virtual Recruiter assists job seekers with applications,

Jul 11, 2024
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