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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Sales Commission Startup Performio Scores $13M Funding Round
Performio, a West Hollywood, CA-based incentive compensation software company, raised $13 million in growth capital financing. IRVINE, Calif. , June 14, 2022 Performio , a leading enterprise-grade sales commission software solution provi
Company NewsInternal Hiring Boosts Retention and Saves Money, Yet Has Slumped Post Pandemic, The Josh Bersin Company Finds
Internal mobility initiatives and hiring processes rose in popularity during the pandemic to become a source of innovation , employee retention, a core driver of company culture, and broad savings But the focus on internal recruitment has w
Venture CapitalJustworks Announces Merger Agreement to Acquire Via, an International Employment Platform, to Accelerate its Global Solutions for Small Businesses
NEW YORK, – Justworks, Inc. (“ Justworks ”) today announced that it has entered into a definitive merger agreement with Via Global Ventures, Inc. (“ Via ”) under which Justworks will acquire Via, an international employment platform. With
Venture CapitalLumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round
SARATOGA, Calif. -- Lumber , creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding. With its fully integrated, purpo
Venture CapitalB2B Fintech Purchasing Power Lands $177M Debt Financing
Purchasing Power, which links employees and companies to provide flexible purchasing benefits, has secured $177M credit facility. This financing underscores investors' confidence in its platform that enables employees to buy electronics and
Company NewsPapaya Global Amplifies U.S. Workforce Capabilities with Comprehensive Payroll and EoR Solutions
With this expansion, Papaya Global provides a complete suite of solutions including Payroll, EoR and PEO, to drive growth by enabling global organizations to hire confidently in the US market TEL-AVIV, Israel , Sept. 12, 2023 - Papaya Glo
Company NewsOyster Announces 30% Role Reduction in Major Reorganization
In a recent announcement that has sent ripples through the tech industry, Oyster's CEO Tony Jamous revealed a significant company-wide reorganization. The restructuring will result in a 30% reduction in roles across the board. This move com
Venture CapitalCommon Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the
Company NewsEasop 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
Company NewsWorkForce Software Introduces the WorkForce Spark Program to Its Global Partner Network Enabling More Organizations to Leverage its Top-Rated Solution
LIVONIA, Mich.--Today, the first global provider of integrated employee experience and workforce management solutions WorkForce Software , announces WorkForce Spark, a comprehensive program to support the creation of rapid implementation so
Company NewsPapaya Global and HiBob Team Up to Integrate HR and Payroll Management for Multinational Businesses
LONDON and TEL AVIV, Israel -- HiBob , the company behind Bob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global , the only dedicated payroll and payments platform for global workforces, annou
Company NewsProlucent And UKG Announce Technology Integration Partnership
DALLAS — Sept. 6, 2023 — Prolucent Health ®, a leading provider of enterprise-wide healthcare workforce optimization software and services, today announced a new technology partnership with UKG , a leading global provider of HR, payroll,
Venture CapitalAtomicwork Launches with $11m Seed Round Using AI to Reimagine Employee Support
As workers remain split between working from home and returning to offices, bosses are eager to ensure they have a healthy employee experience. Helping workers feel connected with everyday work needs, employee support startup Atomicwork is
Venture CapitalFirst Advantage Expands Digital Identity Solutions by Acquiring Infinite ID
ATLANTA, Sept. 05, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, today announced the acquisition of Infinite ID, a U.S.-based digital identity auth
Company NewsPaychex Announces Efrain Rivera Plans to Retire as CFO
ROCHESTER, N.Y.-- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chi
Venture CapitalWoba, 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
Venture CapitalParisian Mental Health Platform Teale Secures €10M for International Growth
Teale , a Parisian digital mental health platform, has raised €10 million in a series A funding round. The capital is aimed at expanding the company's offering beyond its home borders as well as ramping up its current team of 20 to a robust
Company NewsSurveySparrow Launches New Employee Success Platform to Transform Workplace
PALO ALTO, Calif., August 31, 2023 - SurveySparrow , the world's first chat survey software, today announced the launch of ThriveSparrow , a product solely dedicated to empowering organizations to improve their employee experience processes
Product NewsCulture Amp Announces Partnership with Pave: Elevating Compensation Management for Businesses Worldwide
MELBOURNE and SAN FRANCISCO and NEW YORK and LONDON -- Culture Amp , the leading employee experience platform, today announces a partnership with Pave , the category-leading compensation management software company. This strategic all
Venture CapitalSan 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
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
Venture CapitalTeamSense Secures $4 Million in Funding to Revolutionize Communication for Hourly Manufacturing Workers
TeamSense, a Seattle-based company that has developed an app-free platform for hourly employees in the manufacturing sector. The platform allows these "deskless" workers, who make up 70-80% of the global workforce, to manage attendance, com
Company NewsWorkstream Launches HR Management Platform for the Hourly Workforce to Streamline Back-Office and Team Operations
In a move to revolutionize HR management for the hourly workforce, Workstream has rolled out a comprehensive suite of team management products. Tailored for the quick-service restaurant industry and other sectors reliant on hourly workers,
Product NewsHuman Resource Executive Names Oracle Grow a Top HR Product of the Year
Oracle Grow, part of the Oracle ME employee experience platform within Oracle Fusion Cloud Human Capital Management (HCM), has been named a 2023 Top HR Product of the Year by Human Resource Executive. The Human Resource Executive Top HR Pro
Venture CapitalTNAA Acquires Health System Shift Management Platform, Stogo
LITTLE ROCK, Ark. — Travel Nurse Across America (TNAA) , a leading provider of Clinical and Allied staffing and workforce management solutions to the healthcare industry, today announced the acquisition of Stogo , an innovative health syste
Venture CapitalGympass Raises $85 Million in Series F Funding at $2.4 Billion Valuation, Strengthens Position as the Leading Global Corporate Wellness Platform
Funding comes in a record year for Gympass, as it nearly doubled its customer base to more than 15,000 and surpassed two million employee subscribers across its network of more than 50,000 partners Gympass delivers the best network of gyms,
Company NewsGrokker Launches Guides, a New Employee Benefit Solution With a Preventative Approach to Mental Health Care
SAN JOSE, Calif., Aug. 17, 2023 -- Corporate wellbeing provider Grokker announced the launch of Grokker Guides – an evidence-based, approachable digital mental health solution for the workplace. Grokker Guides are 30-day cohorts run by
Company NewsSpring Health Launches Sage, Setting A New Standard For Mental Health Education With Self-Directed, Clinician-Led Courses For Workplace Wellbeing
Spring Health , the most comprehensive global mental health solution for employers and health plans, announced the launch of Sage, a platform that raises the bar for mental health education with self-directed courses and clinician-designed
Company NewsZipRecruiter Announces Technology Partnership with UKG to Bolster Enterprise Hiring and Streamline HR Workflows
SANTA MONICA, Calif., August 16 — ZipRecruiter , a leading online employment marketplace, announced its technology partnership with UKG — a leading provider of HR, payroll, and workforce management solutions for all people — to support ente
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