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Venture Capital

TROOP 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

Mar 30, 2023
Company News

EY 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

Mar 29, 2023
Company News

Medallia 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

Mar 29, 2023
Venture Capital

New 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

Mar 29, 2023
Company News

TalentGuard 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

Mar 29, 2023
Venture Capital

Glue 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

Mar 29, 2023
HR Technology

Magnit 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

Mar 28, 2023
Company News

WorkWhile 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

Mar 28, 2023
Company News

CoachHub 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™ ,

Mar 28, 2023
Venture Capital

Boston-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

Mar 26, 2023
Venture Capital

London-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

Mar 26, 2023
Venture Capital

Indiana-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

Mar 24, 2023
Venture Capital

Workera 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

Mar 23, 2023
Company News

Indeed, 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

Mar 23, 2023
Venture Capital

Germany-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

Mar 23, 2023
Company News

Kanarys 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

Mar 23, 2023
Venture Capital

Gable 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

Mar 22, 2023
Product News

Paylocity 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

Mar 21, 2023
Company News

Workhuman 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

Mar 21, 2023
Venture Capital

Germany-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

Mar 20, 2023
Opinion

Rippling'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

Mar 18, 2023
Venture Capital

Wingspan 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,

Mar 17, 2023
Venture Capital

RiseKit 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

Mar 15, 2023
Company News

Workday: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

Mar 15, 2023
Venture Capital

AG5 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

Mar 14, 2023
Company News

CoachHub 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

Mar 14, 2023
Company News

Korn 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’

Mar 8, 2023
Company News

Lattice 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

Mar 7, 2023
Company News

Papaya 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

Mar 3, 2023
Venture Capital

Mercer 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

Mar 2, 2023
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