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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300WorkTango Appoints Monique McDonough as Chief Executive Officer
AUSTIN, Texas, June 03, 2024- WorkTango , an award-winning employee experience platform, today announced the appointment of Monique McDonough as Chief Executive Officer. McDonough, who previously served as Chief Operating Officer at WorkTan
Company NewsPaycom Announces Promotions of Randy Peck to COO, Jennifer Kraszewski to CHRO and Matt Paque to CLO
Paycom Software, Inc. has announced major leadership promotions, positioning Randy Peck as Chief Operating Officer, Jennifer Kraszewski as Chief Human Resources Officer, and Matt Paque as Chief Legal Officer. These appointments reflect the
Company NewsVisier's First Quarter of 2024 Marks Unprecedented Scale in Generative AI Production Use and Transformational Investment in Analytic Platform Capabilities
Visier , a leader in people analytics, announced key achievements for Q1 2024. Highlights include the launch of "Vee," a generative AI assistant, and the "Open for Builders" initiative. Visier's AI technology now serves 2.1 million Paycor e
EarningsZipRecruiter Announces First Quarter 2024 Results
ZipRecruiter reported a revenue of $122.2 million in the first quarter of 2024, with a net loss of $6.5 million, reflecting a net loss margin of 5%. Adjusted EBITDA for the quarter was $20.8 million, marking a 17% margin. Despite the challe
Venture CapitalLegion Secures $50M Growth Investment Led by Riverwood Capital To Accelerate Market Growth and Drive Global Hourly Workforce Innovation
Legion Technologies , a leader in workforce management, has secured a $50 million funding round led by Riverwood Capital, with participation from various investors. This investment will enhance Legion's R&D and market expansion efforts, aim
Venture CapitalEV3 Global Raises $3M to Revolutionize Hiring with AI Technology
EV3 Global, an innovative technology firm based in Denver, announced a $3 million funding round led by Real Tech Capital, alongside other VC firms and private investors. The company, founded in 2022, is revolutionizing the hiring process by
Venture CapitalDocusign Accelerates Intelligent Agreement Management with Lexion Acquisition
Docusign has announced the acquisition of Lexion, a leader in AI-powered agreement management software, for $165 million in cash. Lexion's technology enhances the contract process by enabling faster drafting, negotiation, and review, and in
Company NewsPaycom's Stellar Q1 2024: Doubling Profits and Pioneering HCM Innovations
First Quarter Revenues of $500 million, up 11% from the comparable prior year period First Quarter GAAP Net Income of $247 million, representing 49% of total revenues, or $4.37 per diluted share First Quarter Non-GAAP Net Income of $147 mil
Venture CapitalRIVET raises $6 Million to expand Workforce Management to more contractors
Rivet.Work a leading Workforce Management platform for electrical construction, has successfully secured $6 million in funding, led by Brick & Mortar Ventures, with participation from other investors including defy.vc. This new capital br
Venture CapitalTake2 AI Raises $3M Seed Round Led by Reach Capital & SemperVirens to Transform Sales Recruiting Using AI-Powered Job Simulations
Take2 AI, a New York-based company specializing in AI-powered job simulations for sales recruiting, has secured $3 million in seed funding from Reach Capital and SemperVirens, with contributions from other notable investors. The platform ai
NewseQ8 Announces a Game-changing, New Strategic Workforce Planning Tool for HR, Business Leaders, and more
eQ8 , a leading provider of strategic workforce planning (SWP) solutions, has announced the release of "eQ8 Essentials," a tool designed to make SWP accessible by reducing traditional barriers. This new solution offers a user-friendly app e
Product NewsWisq Launches First Personalized AI Guide for Managers
Wisq introduces an AI-powered coaching guide designed to transform managers into inspirational leaders. By providing personalized, real-time guidance and expert advice, this platform addresses the coaching gap for middle managers. Availabl
Venture CapitalMultiverse acquires AI talent software company Searchlight to help businesses close skills gaps
NEW YORK , April 8, 2024 -- Tech company Multiverse has acquired Searchlight , a talent intelligence and skills assessment platform that uses AI to help companies close their skills gaps. California -based Searchlight was founded in 2018
Company NewsWorkForce Software Receives Additional Industry Awards for Top HR Software Company of 2024 and Top Workforce Management Provider
WorkForce Software is named a Top 25 HR Software Company in 2024 by The Software Report and a Top Workforce Management Brand by DHRmap for improving employee management at leading global companies, delivering rapid ROI on workforce technolo
Product NewsRedefining the Intranet for the Era of Hybrid Work: Announcing Cleary Journeys for Employee Onboarding and Lifecycle Management
Cleary introduces 'Cleary Journeys,' an innovative solution integrating onboarding and employee lifecycle management into its modern intranet platform, designed for distributed teams. This customizable, automated system aims to enhance HR,
EarningsZipRecruiter's 2023 Financial Triumph: Achieving $49 Million Net Income and $175 Million Adjusted EBITDA in a Challenging Market
ZipRecruiter, a leading online employment marketplace, announced its financial outcomes for Q4 and the entirety of 2023, highlighting resilience amidst a sluggish hiring environment. The company reported a net income of $49 million and an A
Company NewsRecord-Breaking 2023: Paycom Reports Annual Revenues of $1.694 Billion, Up 23%
Paycom Software , Inc. Reports Fourth Quarter and Year-End 2023 Results Full Year Revenues of $1,694 million, up 23% year-over-year Full Year GAAP Net Income of $341 million, representing 20% of total revenues, or $5.88 per diluted share Fu
Company NewsChris Thomas Promoted to Paycom Co-CEO with Chad Richison
Paycom Software , Inc. announces Chris Thomas as Co-CEO alongside Chad Richison. With a history of leadership and innovation, Paycom's strategic move aims to enhance its growth and service in the HR tech industry. OKLAHOMA CITY Paycom Softw
Venture CapitalQuantum5 Acquires Trivie to Grow Automotive Retail Learning Opportunities
Quantum5 , an automotive division of Ander, announced the acquisition of Trivie, a workforce engagement platform employing AI to enhance learning experiences. This move strengthens Quantum5's mission to revolutionize learning in the automot
Venture CapitalTARA Mind Secures $8M for Groundbreaking Mental Health Revolution
TARA Mind, a revolutionary public benefit corporation co-founded by former Navy SEAL Marcus Capone, has secured an impressive $8 million in seed funding. This investment, led by Satori Neuro, supports TARA Mind's innovative approach to ment
Venture CapitalTuMeke 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
Company Newsbswift 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
Product NewsYellow.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
EarningsZipRecruiter Announces Third Quarter 2023 Results
Quarterly revenue of $155.6 million Net income of $24.1 million, or net income margin of 15% Adjusted EBITDA of $54.4 million, or Adjusted EBITDA margin of 35% SANTA MONICA, Calif. ZipRecruiter ® , a leading online employment marketplace,
Product NewsRadancy Acquires Brazen, Adding Award-Winning Hiring Event Capabilities to the End-to-End Radancy Talent Acquisition Cloud
Radancy, a global leader in talent acquisition software, has acquired Brazen to enhance its Talent Acquisition Cloud with award-winning hiring event technology. This acquisition aims to provide a seamless candidate experience across all rec
Company NewsKelly Launches Recruitment Platform for AI and Automation Talent
Kelly has just launched Kelly Arc, an innovative online recruitment platform tailored for AI-powered automation roles. Tackling the talent gap in AI and automation, this platform is a game-changer. With AI-based matching and personalized re
Venture CapitalHiringBranch Secures $2.5M in Funding Round Led by BDC Capital to Revolutionize HR
MONTREAL, QC October 4, 2023 / HiringBranch announced today that it has secured $2.5 million in non-dilutive funds from BDC Capital's Growth & Transition Capital division. BDC, Canada's bank for entrepreneurs, is investing in HiringBranch
Company NewsSAP SuccessFactors Opportunity Marketplace & SAP Business AI-powered Recommendation
The blog post delves into the intricacies of SAP SuccessFactors Opportunity Marketplace, a platform designed to foster internal mobility, career development, and upskilling within organizations. It highlights how the platform leverages AI-p
Venture CapitalTransfr Secures $40 Million in Series C Funding to Revolutionize VR Workforce Training
Transfr, a New York-based startup, has raised $40 million in a Series C funding round to expand its VR-based workforce training platform. The funding will be used to scale the platform, develop new training simulations, and expand its langu
Company NewsCoachHub Introduces Co-development Hubs as First Collective Coaching Offering
CoachHub, a leading digital coaching platform, has announced its new offering called "Co-development Hubs," designed for collective coaching. This first-of-its-kind feature uses evidence-based methodology to enhance team collaboration and i
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