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Earnings

Upwork Reports First Quarter 2024 Financial Results

Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven

May 2, 2024
Venture Capital

Handl Health secures $2.5M in Seed Funding to drive innovation for the employer-sponsored benefits ecosystem

Handl Health , an innovative AI platform designed to assist benefits consultants in creating affordable health plans, announced a successful $2.5 million Seed funding round led by Mucker Capital and Everywhere VC. The company aims to transf

Apr 25, 2024
Company News

Upwork Premieres New Partner Program to Expand Ecosystem of Companies Transforming How We Work

U pwork  (NASDAQ: UPWK) has unveiled the Upwork Partners program, a new initiative designed to enhance business collaborations and increase productivity through the integration of skilled independent professionals. The program includes thre

Apr 17, 2024
Venture Capital

Paraform Secures $3.6M in Seed Funding to Revolutionize Recruitment for Startups

Paraform , a recruitment platform dedicated to startups, has recently secured a $3.6 million seed funding round led by A*. The platform utilizes the skills of recruiters displaced by the tech industry layoffs in 2022 and 2023, connecting st

Apr 15, 2024
Venture Capital

Early-Stage Workforce Venture Fund Announces $15M First Close

JFFVentures , a pioneering impact venture fund, proudly announces the first close of its second fund at $15M, with an ambitious target of $50 million. This fund is dedicated to empowering tech startups led by founders with lived experiences

Apr 4, 2024
Venture Capital

Wellfound Acquires Celential.ai: A Game-Changer for the Recruitment Industry

Wellfound announces its acquisition of Celential.ai , marking a significant stride in revolutionizing recruitment. Celential.ai, known for its innovative AI recruiting tool, has transformed the hiring landscape for startups by streamlining

Apr 4, 2024
Venture Capital

Remote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent

Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin

Apr 2, 2024
Venture Capital

ZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures

ZayZoon , a leader in Earned Wage Access (EWA) for SMBs, announced a $15 million raise in its Series B extension, reaching a total of $49.5 million, led by Viola Fintech and Intuit Ventures, alongside Framework Venture Partners and EDC. Thi

Mar 26, 2024
Company News

Zoom Workplace Launches: Redefining Teamwork with AI-Powered Solutions

Zoom introduces Zoom Workplace , a revolutionary platform integrating AI tools with its established communication technology, catering to the modern hybrid workforce's needs. This platform combines video meetings, team chats, and phone syst

Mar 26, 2024
Company News

UNLEASH America 2024: America’s premier HR conference and expo

UNLEASH America to feature more than 200 speakers, including Earvin “Magic” Johnson, across 14 stages and summits, where HR, learning, AI, innovation and inspiration intersect LONDON & LAS VEGAS-- UNLEASH , a global digital media and events

Mar 20, 2024
Venture Capital

LMS365 Acquires Pioneering HR Technology Platform Valuebeat to Elevate Workplace Culture and Employee Engagement with Real-Time Human Data and Machine Learning

LMS365 , an AI-powered learning, engagement, and performance platform integrated with Microsoft 365, has acquired Valuebeat, a startup focused on enhancing company culture and employee values through data-driven insights. This acquisition s

Mar 19, 2024
Venture Capital

RemotePass Transforms the Future of Work: Secures $5.5M to Expand Global HR Solutions

RemotePass , an HR and fintech startup, has raised $5.5 million in Series A funding, surpassing a total of $10 million in capital. This investment will further develop its platform, which assists companies in onboarding, managing, paying, a

Mar 5, 2024
Venture Capital

Coverdash – Leading Embedded Business Insurance Agency for Startups and SMBs – Announces $13.5M in Series A Funding

Coverdash, a leading embedded insurtech for startups and SMBs, announced a $13.5M Series A funding, raising total capital to $16M. The funding, led by Nyca Partners, will enhance its embedded partner network and insurance offerings. Coverda

Feb 28, 2024
Company News

Job Mobz Announces Hiring Matt Charney as New Editor-in-Chief

Job Mobz, a prominent global recruitment firm, has recently announced the appointment of Matt Charney as Editor-in-Chief following its acquisition of Recruiter.com. This strategic move aims to reinvest in and reposition Recruiter.com as an

Feb 15, 2024
Earnings

Upwork Reports Fourth Quarter and Full Year 2023 Financial Results

Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA

Feb 14, 2024
Venture Capital

Colossyan's Strategic Leap: Pioneering the Future of AI-Driven Corporate Learning with $22M Series A Funding

Colossyan , a Hungarian-founded, UK-based startup, has successfully raised $22 million in Series A funding, led by European VC firm Lakestar, to advance its AI-driven video production platform. This technology, designed to transform digital

Feb 6, 2024
Product News

Top 10 HRTech & Future of Work Conferences 2024: Must-Attend HR Events Guide

In the fast-evolving HR landscape, attending conferences is crucial for professionals keen on staying abreast of new trends, networking, and exploring the latest technologies. To assist you in selecting the most impactful events, we've comp

Jan 23, 2024
Venture Capital

Huler Gains Additional £1.5 Million Investment from MEIF and Mercia Ventures

Huler , a worktech company, has secured an additional £1.5 million Seed Follow On investment from the MEIF Proof of Concept & Early Stage Fund, managed by Mercia Ventures. This investment, part of the Midlands Engine Investment Fund, will s

Jan 22, 2024
Venture Capital

Zest's Strategic Acquisition of Bloomin - Enhancing Employee Engagement Solutions

ZestMeUp , the French leader in the employee experience and performance market, is strengthening its position by welcoming Bloomin to its ecosystem. This merger positions Zest as the Number 1 with its Made in France software suite dedicated

Jan 15, 2024
Company News

FlexJobs Announces Top 100 Companies to Watch for Remote Jobs in 2024

The FlexJobs 2024 report highlights the top 100 companies leading in remote job opportunities. Emphasizing the continued growth and appeal of telecommuting, this comprehensive list showcases companies across diverse industries. It reflects

Jan 9, 2024
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
Venture Capital

Every.io Emerges with $9.5M Funding: A One-Stop Solution for Startup HR and Finance

Every.io, an innovative all-in-one back office stack for startups, has emerged from stealth with a significant milestone: securing $9.5 million in seed funding. The funding round, led by Base10 Partners, with contributions from Y Combinator

Nov 28, 2023
Company News

Creative Talent Endeavors launches AI-powered 'Fairantee™' algorithm to inject transparency into executive search pricing

Fairantee™ breaks the traditional pricing model of recruiting search firms and allows clients to understand what goes into what they pay CHARLOTTE, NC - October 31, 2023 - Creative Talent Endeavors (CTE), a retained executive search and HR

Nov 1, 2023
Venture Capital

ADP 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.

Oct 4, 2023
Venture Capital

ZayZoon Raises $34.5 Million in Series B Funding to Expand EWA, Employer Engagement Platform

PHOENIX-- ZayZoon , the Earned Wage Access (EWA) provider for small and mid-sized businesses, has raised $34.5 million USD in debt and equity for its Series B financing. The round was led by Framework Venture Partners, with co-investment fr

Sep 19, 2023
Venture Capital

Sailes Secures $5.1M Series A Funding to Automate Sales Prospecting with AI

Sailes , the AI startup revolutionizing sales prospecting with its patent-pending Sailebots, has secured $5.1M in a Series A round led by Lewis & Clark Ventures. This funding propels Sailes to new heights in automating sales activities. Sai

Sep 14, 2023
Venture Capital

Merging for Mastery: How Spark Hire's Acquisition of Chally is Redefining Talent Assessment Solutions

In a groundbreaking move that promises to redefine the landscape of talent assessment, Spark Hire, a global leader in video interviewing, has announced its strategic acquisition of Chally, a pioneer in predictive talent analytics. This acqu

Sep 12, 2023
Company News

Easop Announces Strategic Partnership with Carta and Snags Investment from Tech Law Firm Cooley's Fund and SemperVirens

NEW YORK , -- Easop , the equity compensation solution for global teams, announces a significant milestone in its journey towards revolutionizing global employee equity management. In only 18 months, the company has forged a strategic partn

Sep 7, 2023
Venture Capital

Woba, an HR Platform for Employee Retention, Raised €2.95M in Funding to Expedite its Worldwide Influence

Woba , a Copenhagen-based HRTech startup, has recently announced that it has raised €2.95 million in funding from existing investors PreSeed Ventures and Denmark’s export and investment fund, EIFO. With this financing round, the company int

Sep 4, 2023
Venture Capital

San Francisco-based HRTech Firm Confirm Secures $6.2M in Series A to Revolutionize Performance Reviews

In a move that underscores the growing need for data-driven and unbiased performance reviews, Confirm has successfully raised $6.2 million in Series A funding. The round, led by Spero Ventures and featuring participation from SHRMLabs and o

Aug 30, 2023
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