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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Ireland-based Mental Health and Wellbeing Platform Spectrum.Life Raises €5M for its Platform Development and Staff Expansion
DUBLIN, IRELAND, Feb. 10, 2023 -- Spectrum.Life , a provider of employer health and wellbeing services, announced on Friday that it has secured €5M in a funding round led by Act Venture Capital with participation from new and existing inves
Venture CapitalSaaS Platform Rezolve.ai Raises $11M Series A led by SIG Venture Capital
Dublin, California-United States, Feb 9, 2023: Rezolve.ai , a leading AI-powered service desk provider based in CA, has just closed an $11 million Series A funding round led by SIG Venture Capital in association with Exfinity Venture Pa
Venture CapitalThe Panther Group Acquires Wisconsin-Based Managed Service Provider, Enterforce
MAYNARD, Mass. , Feb. 8, 2023 -- The Panther Group (Panther) , a Massachusetts -based full-service staffing and recruiting firm, has acquired Enterforce, Inc. (EFI) , a Wisconsin -based Managed Service Provider (MSP), in a stock purchase
Venture CapitalA Employee Experience Software Company GSoft Acquires Didacte, a Learning Management System Company
An innovative strategy for GSoft to expand its product portfolio and offer its customers the most comprehensive portfolio of employee experience solutions. MONTREAL , Feb. 8, 2023 - Today, GSoft, a well-established software company that
EarningsPaycor Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenues up 29% Year-over-year to $132.9 Million
Q2 Total revenues of $ 132.9 million, an increase of 29% year-over-year, while expanding margins Q2 Recurring revenue of $ 125.0 million, an increase of 22% year-over-year, and the fifth consecutive quarter of achieving our long-te
Venture CapitalUS Based HR Tech Spinout Performica Raises $3M on its Seed Round
The technology company raised $3 million in its initial round of funding led by Surface VC and Bowery Capital. Performica , software helping companies transform people risk into their superpower, announced that it has raised $3 million in i
Venture CapitalFuture of Work Startup ChangeEngine Announces $5.5 Million Seed Funding to Scale Employee Experience Platform
Workplace technology solution expands to deliver the next generation of creator tools for the employee experience. SAN FRANCISCO , Feb. 7, 2023 -- Today, ChangeEngine , the innovative workplace technology solution that enables companies t
Venture CapitalWorkday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation
MOUNT KISCO, N.Y. &NEW YORK- Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions t
Venture CapitalShiftMed, a US Based W-2 Healthcare Workforce Management Platform, Raises $200M to Drive Expansion of Leading Digital Health Care Labor Marketplace
With 8x growth in two years, ShiftMed secures capital to accelerate its mission of revolutionizing access to healthcare workers MCLEAN, VA - February 6, 2023 – ShiftMed , one of the largest W-2 healthcare workforce management marketplaces,
Venture CapitalUK-based Learning Experience Platform HowNow Secures £4 million Series A investment from Mercia Asset Management and Pearson
HowNow , a learning experience platform (LXP) that helps companies onboard, upskill and support employees faster everywhere they work – has secured a Series A £4m($4.8m) investment from Mercia Asset Management and the world’s leading learn
Venture CapitalJob Search Advice Website, Career Sidekick, Acquired by Amai Group
FE International, Inc., the global market leader in mid-market technology mergers and acquisitions (M&A), announces the acquisition of Career Sidekick, a job search advice website, by Amai Group. NEW YORK , Feb. 6, 2023 -- CareerSidekick
Venture CapitalEveryoneSocial Closes $13 Million in New Funding to Turn More Employees Into Influencers
SALT LAKE CITY -- EveryoneSocial , a SaaS platform that helps companies activate their employees as social media influencers, announced today that it has secured $13 million in new funding. Led by the company's existing investors - includin
EarningsPaylocity Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenue up 39% Year-over-year to $273.0 million
Q 2 2023 Recurring & Other Revenue of $256.4 million, up 31% year-over-year Q 2 2023 Total Revenue of $273.0 million, up 39% year-over-year SCHAUMBURG, Ill., Feb. 02, 2023 -- Paylocity Holding Corporation (Nasdaq: PCTY), a
Venture CapitalEmployment & Labor Law Compliance Technology Company VirgilHR Closes $1.5 Million Pre-Seed Funding Round, Backed by Squadra Ventures, Techstars, SHRMLabs, and TEDCO
GAITHERSBURG, Md. , Feb. 2, 2023 -- Employment and labor law compliance technology company VirgilHR announced the closing of $1.5M in pre-seed funding with backing from Squadra Ventures, Techstars, SHRMLabs , and TEDCO . Through its web
Venture CapitalCAVU HCM Acquires Two Payroll Service Companies Continuing its Accelerated Growth
PEORIA, Ill. , Feb. 2, 2023 -- Today, CAVU Human Capital Management (HCM), an emerging provider of technology, payroll, human resources, and workforce management solutions, announced it has acquired ABCS Payroll located in DuBois, Penn
Venture CapitalDenver-based PAIRIN Closes $2.1 Million Series B Funding and a $2M Line of Credit to Support Continued Expansion
DENVER, February 1, 2023 - PAIRIN , the workforce journey company, today announced the official close of its Series B investment round of $2.1 million in investments and, separately, a $2M line of credit. The capital comes amid PAIRIN's gro
Venture CapitalHeidrick & Struggles Closes Acquisition of Atreus in Germany, Expanding its On-Demand Talent Footprint
Transaction advances long-term growth and diversification strategy to capture accelerating global opportunities in the on-demand talent market CHICAGO , Feb. 1, 2023 -- Heidrick & Struggles ("the Company"), a premier provider of global l
Venture CapitalTask Management, Inc Staffing Group is Acquired and Becomes a Key Part of the Fast-Growing Jobsquad Staffing Solutions Nationwide Network
Parent Group JobSquad Family of Workforce Solutions, owned by Indiana -based PE Group Hoosier Investments, adds to their U.S. Staffing Portfolio to Meet Nationwide Demand. Task Management is headquartered in Ridgefield, Connecticut , and
Venture CapitalDalia Raises $5M in Series A Funding to Help Employers Get More Qualified Applicants for Less
BOSTON , Jan. 31, 2023 -- Dalia , a recruitment marketing automation platform that helps employers get more qualified applicants for less, today announced the completion of a $5 million Series A round . The round was led by Lewis & Clark
Venture CapitalAU Based AI Coach creator Fingerprint for Success (F4S) raises AU$5 Million in Seed Round
$5M seed round led by Investible; $9M in total funding raised to date Investment to further accelerate product development in Generative AI Coach 'Marlee', the powerful behavioral change app embraced by Canva, Atlassian, KPMG and Baraja
EarningsManpowerGroup Reports 4th Quarter 2022 Results
Revenues of $4.8 billion (-11% as reported, -1% constant currency (CC)) Gross profit margin of 18.2%, up 100 basis points year over year reflecting business mix progress and solid permanent recruitment trends Talent Solutions experienced
EarningsRobert Half Reports Fourth-Quarter Financial Results
MENLO PARK, Calif., Jan. 26, 2023 -- Robert Half International Inc. (NYSE: RHI) today reported revenues and earnings for the fourth quarter ended December 31, 2022. For the quarter ended December 31, 2022, net income was $148 million, or $1
ColumnADP Reports Second Quarter Fiscal 2023 Results
ADP Reports Second Quarter Fiscal 2023 Results •Revenues increased 9% compared to last year's second quarter to $4.4 billion; 10% organic constant currency •Net earnings increased 17% to $813 million, and adjusted net earnings increased 17%
EarningsQualtrics Announces Fourth Quarter and Full Year 2022 Financial Results, Total Revenue up 23% Year Over Year to $389.1M,
Full Year 2022 total revenue of $1,458.6M, up 36% year over year Q4 2022 total revenue of $389.1M, up 23% year over year Full Year 2022 subscription revenue of $1,223.7M, up 41% year over year Q4 2022 subscription revenue of $327.6M, up 26%
Venture CapitalDailyPay Announces $260 Million in New Funding
NEW YORK -- DailyPay , a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided be
Venture CapitalHealth HR, a Futuris Brand, Announces New Acquisition and Corporate Update
Health HR , a subsidiary of Futuris Co., a network of staffing and other firms, announced the acquisition of Physical Therapy Rehab Associates , a Florida-based therapy staffing firm. Physical Therapy Rehab Associates has been providing ser
ColumnLinkedIn Business Highlights from Microsoft’s FY23 Q2 Earnings
Microsoft announced Q2 FY23 Earnings . Included in the report on the financial performance were the following LinkedIn highlights: People and companies continue to look to LinkedIn to connect, learn, sell, and get hired. In Q2, LinkedIn’s
Venture CapitalUS Based Construction Recruiting Startup Skillit Gets $5.1 Million in Seed Funding
Skillit , a New York-based provider of a recruiting platform for full-time construction labor, raised $5.1M in Seed funding . The round was led by Building Ventures with participation from MetaProp, HOLT Ventures, Great North Ventures, 1Sha
FundingGrazzy Raises $4.25M to Power Hospitality's Future of Digital Tips, Same Day Pay and Financial Wellness for Hourly Workers
As cashless payments become the norm, Grazzy increases retention and improves the guest experience at hotels, salons, bars and restaurants. AUSTIN, Texas , Jan. 23, 2023 -- Grazzy , a next-gen employee payments platform, announces $4 .25M
Venture CapitalTransCrypts, a US Record Management Platform, Raise $2.4 Million in Pre-Seed Funding to Democratize Access and Control of Important Credentials Back to the Consumers
SAN FRANCISCO, Jan. 20, 2023 -- TransCrypts , a record management platform that has empowered 300,000 consumers to own and share their work and income history in a verifiable and auditable manner, today announced it raised $2.4 million in P
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