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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Every.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
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
HotNewsAI Jobs Soar, Traditional Roles Hold Strong: Insights from Wahojobs' Year-Long Study
A year after ChatGPT's launch, a Wahojobs study explores changes in job seeker behavior towards traditional remote roles amidst fears of AI-induced job losses and the need for upskilling. The study, using Google Trends, analyzes changes in
Venture CapitalAlto Neuroscience Secures $45M in Game-Changing Series C Round for Mental Health Breakthroughs
– New investors include InVivium Capital, Franklin Templeton, Point72, Eli Lilly and Company, and Alexandria Venture Investments – – Funds will be used to support ongoing and planned late-stage clinical development of CNS product candidates
Company NewsJeff Moses Named CEO of WorkForce Software
Jeff Moses has been appointed as the CEO of WorkForce Software , effective January 1, 2024. Bringing over 25 years of expertise in B2B Cloud SaaS and a strong track record as WorkForce's Chief Revenue Officer, Moses is set to spearhead the
Venture CapitalFrench Startup Indy Clinches $44 Million in Series-C to Streamline Tax and Paperwork for Freelancers
Indy, a leading provider of an all-in-one application for independents, has successfully raised 40 million euros in a Series-C funding round led by BlackFin Capital Partners, La Maison, and iXO. This significant investment will enhance Indy
Company NewsGlobal Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology
Costa Coffee, a renowned global coffee chain, has significantly enhanced its store staffing efficiency by 65% through the adoption of UKG's AI-powered technology. This strategic move allows Costa Coffee to optimize labor allocation and make
Venture CapitalInclusively's Game-Changing $13M Series A Funding for Workplace Revolution
In a groundbreaking move, Inclusively has raised $13 million in Series A funding to enhance its revolutionary workplace personalization tool, Retain. Designed to address the diverse and evolving needs of modern employees, Retain integrates
Venture CapitalOmaha's Workshop Secures $12M: A New Era for Internal Communication
Redefining Internal Communication: Workshop 's $12M Series A Triumph" In an era where effective internal communication is pivotal, Workshop, an Omaha-based startup, has emerged as a game-changer. Securing a significant $12 million in Series
Company NewsThe Josh Bersin Company Unveils Galileo™--The World's First AI-Powered Expert Assistant for HR Professionals
The Josh Bersin Company has unveiled Galileo™, a groundbreaking AI-powered expert assistant tailored for HR professionals. This innovative tool leverages 25 years of comprehensive research, data, and insights from the company, enabling HR l
Company News3 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem
Product NewsADP and Convera Announce Strategic Collaboration Offering End-to-End Payroll and Payments Solutions
ADP, a global leader in human capital management solutions, and Convera, a prominent B2B payments Fintech, announced a strategic collaboration on November 14, 2023. This partnership aims to provide ADP clients with a comprehensive end-to-en
Company NewsUKG Aspire 2023: Caring for Your People Leads to Better Business Outcomes
Every person deserves to work at a great workplace. That was the resounding message this week at UKG Aspire in Las Vegas, where more than 5,000 UKG customers, partners, employees, and HR industry thought leaders and influencers gathered to
Venture CapitalEngagedly's Strategic Takeover of theEMPLOYEEapp Enhances Deskless Workforce Connectivity and Growth
Engagedly has strategically acquired theEMPLOYEEapp to revolutionize how companies communicate with their deskless workers. By harnessing AI-powered talent management, this move aims to streamline internal communications, bolster remote eng
EarningsFiverr Announces Third Quarter 2023 Results
Delivered strong results for Q3’23. Our focus and execution across our core marketplace and Fiverr Business Solutions allowed us to deliver revenue and Adjusted EBITDA at the high end of our guidance. Improving Adjusted EBITDA margins for
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,
EarningsSterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy
NDEPENDENCE, Ohio, Nov. 08, 2023 Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi
Product NewsSilkRoad Evolves to Rival: A New Era in AI-Driven Talent Acquisition
SilkRoad Technology has rebranded to Rival, launching Rival Recruit, an AI-powered talent acquisition suite with over 700M passive candidates. This suite enables efficient collaboration for hiring teams, offering features like analytics, AI
Product NewsSalary.com Acquires CompXL, The Enterprise Compensation Planning Leader
Salary.com, a leading provider of compensation management software and data solutions, has expanded its offerings by acquiring HCR Software. This move integrates CompXL's incentive compensation planning software into Salary.com's existing s
Product NewsEchoSpan Secures $25.7 Million Jury Award in Trade Secret Theft Lawsuit Against Rival Medallia
On November 1, 2023, following an extensive legal battle, a jury in the United States District Court for the Northern District of California found Medallia liable for trade secret misappropriation against EchoSpan, a leading provider of emp
EarningsPaylocity Announces First Quarter Fiscal Year 2024 Financial Results
Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Venture CapitalEmpowering the Workforce: Nowsta's $35M Series C to Transform Contingent Hiring
Nowsta, a leading technology firm shaping the gig workforce's operating systems, has announced a substantial $35 million in Series C funding. This financial boost is in stride with the unveiling of Nowsta Staffing Labs, a groundbreaking ini
Venture CapitalSan Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service
Product NewsERE Media and Talent Board Sign Definitive Merger Agreement to Form New ERE CandE Benchmark Research Program
The CandE Benchmark Research Program helps companies measure and understand their candidate experience and improve their recruiting efforts. ERE Media to Merge With Talent Board SAN FRANCISCO , Nov. 1, 2023 Talent Board, a non-profit orga
Company NewsCreative 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
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 CapitalLondon-based Spotted Zebra's £7.7M Funding: A Leap Towards Skills-Centric Workforce Management
London-based Spotted Zebra, a pioneering skills-based workforce management platform, has successfully raised £7.7M in a Series A funding round. With a vision to address the global skills-gap crisis, the company aims to align individuals wit
Venture CapitalShakers Lands €6M in Seed Funding: A Milestone for Madrid's HRtech Scene
Shakers, a Madrid-based HRtech startup, has successfully raised €6 million in a Seed funding round aimed at simplifying team building and enhancing collaboration between companies and freelancers. The startup focuses on several key areas in
Venture CapitalEspresa Raises $23 Million Series A Funding to Transform Personal Benefits for Global Workplaces
Espresa has successfully secured $23 million in Series A funding led by Clear Ventures, marking a significant milestone in the HR tech space. The funding aims to accelerate the expansion of Espresa's LSA Plus™ platform, a revolutionary pers
Venture CapitalKota Secures €5M Seed Funding: Revolutionizing Employee Benefits Management
Kota, a Dublin-based startup previously known as Yonder, has successfully raised €5 million in Seed funding. The funding round was spearheaded by EQT Ventures and saw participation from Northzone and Frontline Ventures. Established in 2022,
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