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Venture Capital

ADP Acquires Sora: A Game-Changer in HR Workflow Automation

Advanced data integration and unified workflow experience simplifies complex HR processes for companies of all sizes ROSELAND, N.J. ,  Aug. 3, 2023  ADP ® , a global technology company providing human capital management (HCM) solutions, tod

Aug 3, 2023
Earnings

Ceridian Reports Robust Second Quarter 2023 Results

Minneapolis, MN and Toronto, August 2, 2023 –  Ceridian HCM Holding Inc. (“Ceridian”) (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (HCM) technology, announced its financial results for the second quarter ended June 30

Aug 3, 2023
Venture Capital

Axuall Raises Series B-1 from Frist Cressey Ventures Which Backs Its Rapid Expansion

CLEVELAND, August 2, 2023 -- Axuall has announced the addition of First Cressey Ventures to its investor family with a Series B-1 investment following the company’s Series B funding in May 2023. Axuall has raised over $41 million from a com

Aug 2, 2023
Venture Capital

Elite365 Announces Strategic Acquisition of Kobor MedSearch, LLC, which Expands its Anesthesia Staffing Services

TAMPA, Fla.-- Elite365 - Healthcare Workforce Solutions (Elite365) today announced its acquisition of Kobor MedSearch, LLC, a healthcare staffing firm with more than 25 years of expertise. The acquisition represents Elite365’s commitment to

Aug 2, 2023
Product News

Perceptyx Acquires Behavioral Science Pioneer Humu to Close the Gap Between Employee Insights and Action

The acquisition of Humu by Perceptyx is a significant milestone in the HR Tech industry. This move combines the strengths of two innovative companies, creating a powerful synergy that promises to revolutionize the way organizations understa

Aug 2, 2023
Venture Capital

Avionté, A Leader in Enterprise Staffing and Recruiting Software, Acquires SimpleVMS

BLOOMINGTON, Minn.-- Avionté , a leader in enterprise staffing and recruiting software, announced today it acquired  SimpleVMS , a vendor management system (VMS) for mid-to-large employers with a strong clerical and light industrial (CLI) c

Aug 2, 2023
Earnings

Paycom Software, Inc. Reports Second Quarter 2023 Results with 26.6% YoY Increase in Total Revenue

OKLAHOMA CITY, August 1, 2023-- Paycom Software , Inc. (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced its financial results for the quarter ended June 30, 2023. “We delivered anot

Aug 2, 2023
Product News

TriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock

Dublin, CA — July 31, 2023 —  TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price

Aug 1, 2023
Company News

Humanforce and Datacom Have Announced a Partership, Enabling Clients Wishing to Combine WFM & payroll in a Single, integrated User Experience Greater Options and Flexibility

Sydney, 25th July 2023: Humanforce , a Sydney-based, global provider of human capital management (HCM) solutions, announced a partnership agreement with Datacom , Australasia’s largest homegrown technology solutions provider, to provide an

Jul 31, 2023
Venture Capital

GoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million

NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource

Jul 27, 2023
Company News

IMocha Launches AI-Powered Skills Intelligence Cloud to Enable Enterprises to Transition to Skills-First Talent Management

ASHBURN, Va.  and PUNE,  India ,  July 26, 2023 --  iMocha , a leading SkillsTech platform today launched its Skills Intelligence Cloud, an AI-powered platform to revolutionize enterprise hiring, talent management, internal mobility, and wo

Jul 27, 2023
Company News

IgniteTech Debuts CoPilot, a GenAI Assistant for an Employee Experience Platform Jive

CoPilot, IgniteTech's innovative new feature for Jive, is a GenAI-powered assistant for mining content AUSTIN, Texas ,  July 26, 2023   -- IgniteTech™, the company "Where Software Goes to Thrive™", announces the launch of Jive CoPilot™, a b

Jul 26, 2023
Company News

TriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue

TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.

Jul 26, 2023
Earnings

ADP Releases Fourth Quarter and Fiscal 2023 Results

ROSELAND, N.J. – July 26, 2023 – ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, announced its fourth quarter and fiscal 2023 financial results and provided its fiscal 2024 outlook.

Jul 26, 2023
Company News

monday.com Enhances Core Data Infrastructure with mondayDB

mondayDB 1.0 offers significant performance enhancements, particularly for large and complex boards EW YORK & TEL AVIV, Israel--Today, monday.com  Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organizations of

Jul 26, 2023
Company News

Aspirion Selects PrimePay to Streamline People Management and Enhance Employee Experience

WEST CHESTER, July 25, 2023 —  PrimePay , the human capital management (HCM) company for growing businesses, announced that Aspirion, a leading technology-enabled healthcare revenue cycle management provider for complex claims and revenue i

Jul 25, 2023
Funding

Happeo Raises US$26 Million in Series B Funding to Solve Information Chaos

Amsterdam, Thursday 7th July 2022 –  Happeo , the intranet platform for fast-moving companies, has raised US$26 million in a Series B funding round led by Endeit Capital, Smartfin and Evli Growth Partners. Happeo’s earlier investors Inkef,

Jul 25, 2023
Venture Capital

Immediate, a US Earned Wage Access Company, Secures $16M in Funding to Accelerate Expansion in Workplace Financial Health

Immediate, an earned wage access company, announced a $16 million round of funding, split between growth equity and a working capital facility. This will enable Immediate to accelerate its growth in the workplace financial health sector. Th

Jul 25, 2023
Earnings

First Advantage Reports First Quarter 2023 Results

ATLANTA, May 10, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, announced financial results for the first quarter ended March 31, 2023. “We reported

Jul 25, 2023
Earnings

Paychex, Inc. Releases 2023 Fiscal Results

ROCHESTER, New York, June 29, 2023-- Paychex , Inc., announced the following results for the quarter ended May 31, 2023 (the "fourth quarter") and fiscal year ended May 31, 2023 ("fiscal 2023"), as compared to the corresponding prior-year p

Jul 25, 2023
Venture Capital

Smartlinx Announces Strategic Investment from Lone View Capital to Promote Workforce and Human Capital Management Innovation for Healthcare Providers

ISELIN, N.J. & LOS ANGELES---- Smartlinx (“Smartlinx” or the “Company”), a pioneer and leader in workforce management solutions, announced that Lone View Capital (“Lone View”), a growth-oriented private equity firm investing across the tech

Jul 24, 2023
HotNews

The No Robot Bosses Act of 2023: A Landmark Legislation for Ethical AI in the Workplace, with Insights from New York City's AI Law

In the rapidly evolving landscape of artificial intelligence (AI), the "No Robot Bosses Act of 2023" stands as a beacon of hope for ethical AI practices in the workplace. Introduced by U.S. Senators Bob Casey (D-Pennsylvania) and Brian Scha

Jul 24, 2023
Venture Capital

Skillit Secures $8.5M in Additional Funding to Solve Today's Skilled Labor Shortage for Leading Contractor Firms

NEW YORK—- Skillit , the data-driven recruiting platform for skilled, full-time construction labor, announced $8.5M in additional funding co-led by MetaProp and Bow Capital with participation from existing investor Building Ventures. Since

Jul 21, 2023
HR Technology

OpenAI Introduces Custom Instructions for ChatGPT: A Game Changer for User Experience

OpenAI, a leading artificial intelligence research lab, has recently launched a new feature for its language model, ChatGPT - custom instructions. This feature, currently in beta, is initially available to Plus plan users and is expected to

Jul 20, 2023
Venture Capital

Gushwork.ai Secures $2.1M in Pre-Seed Funding to Reinvent Business Process Outsourcing

Gushwork.ai, an AI-powered platform designed to help enterprises outsource complex operational workflows, has secured $2.1M in pre-seed funding. The round was led by Lightspeed and saw participation from B Capital, Sparrow Capital, Seaborne

Jul 20, 2023
Earnings

Korn Ferry Announces Fourth Quarter and Full Year FY'23 Results of Operations

Los Angeles, CA, June 27, 2023 –  Korn Ferry , a global organizational consulting firm, announced fourth quarter and annual fee revenue of $730.9 million and $2,835.4 million, respectively. In addition, fourth quarter diluted earnings per s

Jul 20, 2023
Venture Capital

The World’s Largest Talent Company Randstad Has Reached an Agreement to Acquire Grupo CTC in Spain From Portobello Capital

Randstad NV , the world’s largest talent company announces that it has signed an agreement to acquire Grupo CTC in Spain. Grupo CTC provides outsourced industrial, logistics, and sales & marketing services to customers in its home market of

Jul 20, 2023
Company News

Workstream Launches First Multilingual AI Chatbot Built for Hourly Workforce Management

SAN FRANCISCO, July 18, 2023 - Workstream , the smart people management platform for the hourly workforce, announced today its new, groundbreaking multilingual and customizable AI chatbot, Workstream Assistant. As the flagship product in th

Jul 19, 2023
Venture Capital

Allied Benefit Systems, LLC Acquires Medxoom: the Acquisition Puts Allied at the Forefront of Creating the Next-generation User Experience

CHICAGO ,  July 18, 2023 -- Allied Benefit Systems, LLC ("Allied"), one of the nation's largest healthcare administrators for employee benefit plans, and its majority equityholder, funds managed by Stone Point Capital LLC , today announced

Jul 19, 2023
Company News

A Human Transformation Company BetterUp Partners with the Employee Experience Platform Microsoft Viva to Drive Peak Performance and Well-Being for Millions in the Workplace

BetterUp unlocks human transformation to supercharge workplace performance, purpose, and productivity through new integration with Microsoft Viva San Francisco, CA – July 18, 2023   –  BetterUp® , the human transformation company, today ann

Jul 19, 2023
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