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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 NewsKaiser Permanente Appoints Greg Holmes Chief Human Resources Officer
Greg Holmes has been promoted to senior vice president and chief human resources officer for Kaiser Permanente , effective October 1, 2023 . He replaces Christian Meisner , who has announced his decision to leave the organization to be clo
Product NewsUnlocking People Advantage: How Sequoia's Comp-OS 2.0 Simplifies HR and Finance
Sequoia has launched Comp-OS 2.0, a comprehensive solution aimed at simplifying the complex landscape of global compensation management for HR and finance leaders. The platform offers real-time visibility into organizational spending and en
Company NewsEngagedly Launches HR AI Help Desk for HR Policies and Resources Library
LOUIS, Aug. 29, 2023 -- Engagedly , the pioneering provider of AI-powered cloud-based talent management software for Performance, Learning & Development, and Employee Engagement solutions, is thrilled to introduce an innovative enhancement
Company NewsWorkhuman Adds Hundreds of Thousands of Activities, Travel, and Accommodation Options to World Class Store with In-Store Booking Functionality
Framingham, MA and Dublin – August 29, 2023 – Workhuman , the company revolutionizing how employees celebrate, connect with, and appreciate each other in the workplace, has added In-Store Booking functionality to its world class Store. Empl
Company NewsA Compensation and Performance Management Platform beqom Launches AI-Based Pay Prediction Solution to Aid Compensation Decision-Making
NYON, SWITZERLAND— beqom , a provider of compensation and continuous performance management cloud solutions, has released a Pay Prediction solution that uses advanced Machine Learning (ML) capabilities to help HR and managers make data-driv
Company NewsNelsonHall Names Paylocity a Leader in its 2023 Next-Generation HCM Technology NEAT Report
SCHAUMBURG, Ill., July 13, 2023-- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Smal
Company NewsWorkday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning
PLEASANTON, Calif. , July 11, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the
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
Venture CapitalCanadian Healthcare Staffing Acquisition: Premier Health Buys Solutions Staffing
MONTRÉAL, July 04, 2023 -- Premier Health of America Inc. (TSXV: PHA) (“Premier Health” or the “Corporation”), a leading Canadian Healthtech company, is pleased to announce that it has signed this day a binding share purchase agreement (the
NewsHRSoft Expands Leadership Position in the Compensation Management Market With CompTrak Acquisition
DENVER, CO – June 20th, 2023 – HRSoft , the global leader for cloud-based Compensation Lifecycle Management software, announced that it has acquired CompTrak , a compensation management solution provider based in Toronto, Canada. By adding
Venture CapitalHRSoft Expands Leadership Position in the Compensation Management Market with CompTrak Acquisition
Combined Entity Will Further Enable Global Compliance and Complex Compensation Planning and Execution with Scalable Enterprise-Grade SaaS Solutions DENVER, CO (June 20th, 2023) — HRSoft , the global leader for cloud-based Compensation Lif
Company NewsBonusly Enhances Employee Rewards and Recognition Platform, Enabling Companies to Boost Productivity and Increase Retention
No. 1 Employee Recognition Platform Unveils New Capabilities to Help Companies Build Winning Cultures of Appreciation LAS VEGAS , June 12, 2023 / -- Bonusly , an engaging recognition and rewards platform that connects teams and enriches c
AcquisitionGlobal employee engagement platform, Reward Gateway acquired by worldwide leader in Employee Benefits, Edenred, for £1.15 bn
LONDON , May 16, 2023 -- Global employee engagement company, Reward Gateway has been acquired by the world's leading platform for people at work, Edenred for £1.15 bn from funds managed by Abry Partners and Castik Capital. Together Ede
Venture CapitalAn Automated Employee Incentive Platform SocialCrowd Raises $550K in Pre-Seed Funding
SocialCrowd , a Southern California-based automated employee incentive platform, closed a $550k pre-seed funding round. The round was led by VC 414 with participation from Anand Gala of Gala Capital Partners and various strategic angel inve
Company NewsXoxoday Partners with Workato to Transform Rewards and Recognition
May 9, 2023/-- Xoxoday , a leading rewards and incentives platform, announced a new strategic partnership with Workato , the leading enterprise automation and integration platform. This partnership will enable Xoxoday to create hyper-person
Venture CapitalEmployee Recognition Platform Provider Bonusly Raises $18.9 Million in Series B Financing, Led by Ankona Capital
No. 1 Employee Recognition Platform Provider Expands its Organizational Analytics Capabilities, Empowering Organizations to Make Data-Driven Decisions and Maximize Performance BOULDER, Colo. , Feb. 28, 2023 -- Bonusly , an engaging recog
ColumnJosh Bersin:HR Technology 2023: What’s Hot? What’s Not?
The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has more than 80 different employee-facing syste
Venture CapitalArthur J. Gallagher & Co. Acquires Buck For 660 Million
ROLLING MEADOWS, Ill. , Dec. 20, 2022 -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced an agreement to acquire the partnership interests of BCHR Holdings, L.P., dba Buck. The transaction is expected to close during the first half
Company NewsUKG Achieves Record Fiscal 2022, Surpassing Subscription and Revenue Goals
Higher revenue driven by significant increase in new name customer bookings, existing customer cloud migrations across UKG suite LOWELL, Mass., & WESTON, Fla- UKG , a leading provider of HR, payroll, and workforce management solutions for a
Venture CapitalSpain’s Cobee raises $41M for an employee benefits ‘superapp’
Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis. N
EarningsPaycor Announces First Quarter Fiscal Year 2023 Financial Results
Q1 Total revenue of $ 118.3 million, an increase of 28% year-over-year, while delivering increased profitability Q1 Recurring revenue of $ 114.2 million, an increase of 24% year-over-year, driven by continued strong demand Raises F
Venture CapitalHR Employee Benefits Platform Fringe Raises $17M to Offer Customizable Perks
Fringe, an HR tech startup enabling companies to offer customizable perks and benefits to employees, today announced that it raised $17 million in a funding round led by Origin Ventures and Felton Group. CEO Jordan Peace says that the proc
Venture CapitalKnoetic raises $36M Series B, empowering Chief People Officers to make better, data-driven decisions
Investors: Knoetic's new fundraise is led by EQT Ventures with participation from Menlo Ventures and Accel. Total raised: Knoetic has raised over $50M to date for its People Analytics platform and Chief People Officer (CPO) community,
Company Newsbeqom Acquires Our Tandem To Transform Performance and Rewards
NYON, SWITZERLAND — beqom, the total compensation management solution, today announced the acquisition of Our Tandem, a continuous performance management platform that drives people development through personalized feedback, coaching, and
Venture CapitalTech Startup ImIn Secures $1M in Seed Funding, Scales “Work-On-Demand” App Aimed at “Changing the Future of Work”
Tech startup, founded by Black woman entrepreneur Lauren Wilson, receives funding from Black-led venture capital fund Collab Capital ATLANTA (PRWEB) AUGUST 03, 2022 Less than six months after its founding, tech startup ImIn,Inc. (ImIn) ha
Microsoft Releases Viva Goals: Performance Management Is Sexy Again
One of the most frustrating, tired, and archaic HR practices is performance management. Most of us have had horror stories with our “performance appraisals,” leading HR leaders to try to reinvent performance management all the time.
Venture CapitalCompt Raises $13 Million Series A Financing Led by Battery Ventures
BOSTON-- Compt , an employee perk stipend software company optimized for today’s more-flexible workplace, today announced a $13 million Series A investment led by Battery Ventures. The funding comes after a year of rapid growth, nearly 500%
Venture CapitalBranch Raises $75M to Help Contract Workers Get Paid Faster
MINNEAPOLIS, MN — Branch , a leading workforce payments platform, today announced it has closed a Series C funding round totaling $75 million. The round, led by Addition, includes participation from leading global growth equity investor Ge
Venture CapitalXoxoday Raises US $30 Million From Giift and Apis Partners
SAN FRANCISCO-- Giift , a leading provider of loyalty management solutions around the globe, backed by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP , announced that it has acquired a significant strategic interest
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