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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TROOP Leads the Charge in Corporate Meeting Planning With $11M Series B Funding, Led by Durable Capital Partners
MARCH 30, 2023/-- TROOP , the award-winning developer of corporate meeting technology and services, today announced a $11m Series B funding round. The round was led by Durable Capital Partners LP and Madrona Venture Group , with partici
Company NewsEY Announces Modernization Of Payroll Employee Care Using ChatGPT In Azure OpenAI
As part of their combined commitment to utilize the most advanced Azure OpenAI technologies in the tax and legal industry, EY announces a deepened strategic collaboration with Microsoft to develop EY Intelligent Payroll Chatbot as part of t
Company NewsMedallia the global leader in Customer and Employee Experience, Earns Fair Pay Workplace Certification
MARCH 30, 2023/-- Medallia the global leader in customer and employee experience, announced that it has been certified by Fair Pay Workplace (“FPW”) for its effort to create sustainable fair pay in the workplace. Built by leading independe
Venture CapitalNew York-based Salt Labs, Founded to Eradicate the Wealth Gap Disparity for Frontline Workers, Raises $10 Million in Pre-Seed Funding Round
NEW YORK , March 29, 2023 -- Salt Labs (saltlabs.com), a new loyalty and payments technology company today announced it has raised $10 million in a pre-seed funding round. The financing was led by Fin Capital with participation from Anth
Company NewsTalentGuard Unveils WorkforceGPT, Revolutionizing Job Skills With Generative AI
TalentGuard , the world’s leading provider of Workforce Skills Intelligence solutions, proudly announces the launch of WorkforceGPT, a first-of-its-kind innovative product designed to transform how organizations approach reskilling, upskill
Venture CapitalGlue Launches First AI-Powered Engagement Platform for Distributed Teams and Acquires HR Platform, PopStage
Glue , a leading employee engagement company formerly known as Mystery, today announced a new AI-powered connection platform that uses machine learning and network analysis to uncover connection opportunities for distributed teams. This new
HR TechnologyMagnit Announces Skills-Based Advisory Services To Redefine Approach To Talent Sourcing And Retention
Magnit , the industry-leading Integrated Workforce Management (IWM) platform provider, today announced that it has added new skills-based advisory services to its flagship platform to support a more strategic approach to hiring that focuses
Company NewsWorkWhile And Marqeta Announce Partnership On New Card Solution To Offer Accelerated Wage Access For WorkWhile Workers
Marqeta , the global modern card issuing platform, announced that it has been selected by WorkWhile to power accelerated wage access to its workers. Through a debit card, WorkWhile workers can access their wages as soon as their shift hour
Company NewsCoachHub Introduces AIMY™, First Conversational AI Career Coach
Global digital coaching leader leverages generative AI to create AI-powered coaching sessions with multilingual voice recognition. NEW YORK , March 28, 2023 -- CoachHub , the leading global digital coaching platform, today unveils AIMY™ ,
Venture CapitalBoston-based Torc acquires Codealike to empower software developers with data to advance skills and careers
Free Coding Performance Application Improves Software Community Skills and Job Opportunities, Quantifies Enterprise Value of Remote Talent BOSTON – Mar. 23, 2023 – Torc , the nearshore intelligent talent network connecting quality remote d
Venture CapitalLondon-based Pearson Closes Acquisition of PDRI
Acquisition to significantly expand Pearson’s services to U.S. Federal Government March 23, 2022, London – Pearson today announces it has completed the acquisition of Personnel Decisions Research Institutes, LLC (‘PDRI’), a trusted pro
Venture CapitalIndiana-based Elwood Acquires NAOS Staffing in Third Deal of the Year
Elwood Staffing , a Columbus, Indiana-based staffing firm, announced today its acquisition of Georgia-based NAOS Staffing, a regional provider of on-site contingent staffing and workforce management solutions. It’s the third buy this year f
Venture CapitalWorkera closes $23.5m Series B financing, establishing itself as a leader in Skills Intelligence
PALO ALTO, Calif. , March 23, 2023 / -- Workera , an industry-leading skills intelligence platform, announced today that it has closed a $23.5m Series B financing led by Jump Capital with participation from existing investors NEA , O
Company NewsIndeed, an American worldwide employment website, Lays Off 2,200 Workers Globally
MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo
Venture CapitalGermany-based zvoove Group Acquires ProSolution to further expand its portfolio by adding horizontal SaaS solutions
zvoove Group expands portfolio and underlines its status as the leading SaaS provider of personnel services software in Europe Lohne/Schaanwald (Liechtenstein), 02 March 2023 - The zvoove Group, the market-leading provider of software for
Company NewsKanarys And MAC Diversity Recruiters Partner To Advance DEIB Efforts In The Workplace
MARCH 22,2023/-- Kanarys , a diversity, equity, inclusion, and belonging (DEIB) technology company focused on providing the tools organizations need to create systemic change around DEIB challenges, and MAC Diversity Recruiters , a boutiqu
Venture CapitalGable Raises $16 Million to Help Remote Employees Work Together
SAN FRANCISCO , Feb. 28, 2023 -- Gable , the startup that helps distributed companies manage office space for their workforce, today announced a $16M funding. On Gable's portal, employees can see where their coworkers are working that da
Product NewsPaylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software
Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise SCHAUMBURG, Ill., March 21, 2023 -- Paylocity (NASDAQ: PCTY) today announced AI Assis
Company NewsWorkhuman Announces 10% Global Workforce Reduction Amid Business Realignment
Workhuman, a leading employee engagement and recognition platform, has announced a difficult decision to reduce its global workforce by approximately 10% in order to realign its investments, balance growth and profitability, and address the
Venture CapitalGermany-based Ordio Raises €2.9M in Seed Funding
Ordio , a Cologne, Germany-based startup digitalizing the workforce management and scheduling of companies with shift operations, raised €2.9m in seed funding. Backers included Capnamic & Simon Capital . The seed round was Ordio ’s second f
OpinionRippling's Swift Crisis Management: A Lesson in Resilience and the Importance of Reliable Partners
In the ever-evolving world of business, a company's ability to adapt and overcome challenges is crucial for long-term success. Recently, Rippling, a workforce management company, found itself in the midst of a financial crisis when Silicon
Venture CapitalWingspan Secures $14 Million in Series A Funding to Boost Payroll and Benefits Platform for Flexible Workforce
NEW YORK, March 16, 2023-- Wingspan , a leading payroll and benefits platform specifically designed for flexible workforces, announced today that it has secured $14 million in Series A funding. This latest round, led by Andreessen Horowitz,
Venture CapitalRiseKit raises $4.75M for recruiting diverse talent, empowering marginalized communities with job opportunities
MARCH 15, 2013/-- RiseKit , a US-based startup looking to change the way enterprises source diverse talent from community organizations, recently raised $4.75 million in funding. The failure of Silicon Valley Bank (SVB) has rocked markets a
Company NewsWorkday:How AI and ML Are Powering the Future of Work
At Workday, we’ve embedded AI and ML into the very core of our platform—delivering unrivaled business adaptability and competitive advantage to our customers. Here’s how. Workday has long believed that artificial intelligence (AI) and machi
Venture CapitalAG5 raises €6 million from Headline, Peak to save the manufacturing industry from Excel
AMSTERDAM , March 14, 2023 / -- AG5 , the SaaS platform used to map and track employees' skills and qualifications, has raised €6 million in a new round of investment. Last year, the company received €1.2 million from tech investor Peak. S
Company NewsCoachHub Showcases Coaching Effectiveness with its Advanced Insights Hub
New York, March 14, 2023 – CoachHub , the leading global digital coaching platform, reveals today its latest innovation in coaching program analytics, CoachHub Insights™. Available exclusively to CoachHub clients, these enhanced dashboard
Company NewsKorn Ferry Announces Third Quarter Fiscal 2023 Results of Operations
Korn Ferry reports fee revenue of $680.8 million in Q3 FY’23, essentially flat (increase of 4% at constant currency) from Q3 FY’22. Net income and adjusted net income attributable to Korn Ferry were $11.2 million and $53.0 million in Q3 FY’
Company NewsLattice Launches People Strategy Group to Advise HR Leaders and Executives on Designing People Programs that Drive Business Success
The People Strategy Group will help businesses meet the most critical challenges in the workplace by designing people strategies that drive high-performing teams to achieve business success. SAN FRANCISCO , March 7, 2023 / -- Lattice, the
Company NewsPapaya Global Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023
TEL AVIV, Israel , March 2, 2023 -- Papaya Global , the SaaS fintech company providing global payroll and payments technology, has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2023. T
Venture CapitalMercer acquires Leapgen, furthering investment in digital HR strategy market
Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE: MMC), today announced the acquisition of Leapgen , a leading Human Resources (HR) technology advisory firm focused on digital strategy and tran
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