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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Ceipal Launches Ceipal Copilot To Supercharge Staffing, Recruiting, and Candidate Engagement
Ceipal , a leader in staffing software, has introduced "Ceipal Copilot", an advanced tool integrating AI to enhance recruitment efficiency. Designed for the dynamic demands of modern recruitment, especially with the tech-savvy Generation Z
Product NewsProsci launches new change management generative AI tool
Prosci , a global leader in change management, has introduced Kaiya, a unique generative AI tool designed for change practitioners and leaders. Kaiya leverages Prosci's extensive intellectual property, including over 25 years of research an
Venture CapitalBullhorn acquires Textkernel to accelerate its AI strategy
Bullhorn , a major player in staffing solutions, has acquired Amsterdam-based Textkernel , a leader in Sourcing AI technologies. This move is pivotal for Bullhorn’s AI strategy, enhancing their offerings with Textkernel's advanced parsing a
Venture CapitalNomad Health Lands $22 Million Investment: A New Era Under CEO Justin Lambert
Nomad Health , a leading digital marketplace for healthcare jobs, has successfully raised $22 million in a funding round led by HealthQuest Capital with participation from several notable firms. With this investment, Nomad Health has also a
Product NewsBorderless AI and Cohere Launch Alberni: The First AI Agent Revolutionizing Global HR
Borderless AI , the pioneering AI-powered HR platform, has partnered with Cohere to revolutionize the HR industry with tailored AI agents. The partnership aims to streamline global HR challenges such as onboarding, payroll, and compliance,
EarningsKorn Ferry Announces Fourth Quarter and Full Year FY'24 Results of Operations
Korn Ferry reported its Q4 FY'24 fee revenue at $690.8 million, a 5% decrease from the previous year, and full-year revenue of $2.76 billion, down 3%. Despite the revenue decline, the company saw improved profitability with Q4 net income of
Venture CapitalAI-Driven Training Platform Learn to Win Raises $30M to Scale Defense and Commercial Operations
Learn to Win , an enterprise SaaS training platform specializing in personalized, predictive, and secure training software, has successfully closed a $30 million Series A funding round led by the Westly Group, with participation from Norwes
Company NewsO.C. Tanner Elevates Scott Sperry to CEO and President
O.C. Tanner, a leader in strengthening organizational culture through employee recognition, has announced Scott Sperry as its new CEO and president. Sperry succeeds Dave Petersen, who retires after a notable 41-year tenure. Sperry, ascendin
Product NewsBlink Announces Next-Generation AI-Driven Employee Analytics Platform
Blink , a leading employee engagement platform, has launched a next-generation AI-driven analytics tool aimed at enhancing employee engagement and operational efficiency for both deskless and desk-based workers. This new platform provides a
Venture CapitalMercer to Acquire Cardano
Mercer, a Marsh McLennan business, announced its agreement to acquire Cardano, a UK and Netherlands-based long-term savings specialist with approximately $66 billion in managed assets. This strategic acquisition aims to enhance Mercer's cap
Venture CapitalJobGet Acquires Wirkn to Expand Retail Footprint
JobGet, a rapidly growing app-first hiring platform, announced its acquisition of Wirkn, a key player in frontline worker recruitment. This acquisition will allow JobGet to enhance its reach in the mall, retail, and restaurant sectors, util
Venture CapitalClearCompany Acquires Brainier Solutions, Inc., an Industry Leader in Customizable Learning Management Solutions
ClearCompany, a leading talent management platform, has announced the acquisition of Brainier Solutions Inc., a pioneer in cloud-based learning management systems. This strategic move underscores ClearCompany’s commitment to integrating lea
Product NewsCloudPay Launches In-App Mobile Payslip Functionality to Enhance Employee Pay Experience
CloudPay, a global leader in payroll solutions, announced the introduction of a new digital payslip feature in its employee app, CloudPay NOW. This enhancement allows employees to easily access and manage their payslips and year-end tax doc
Venture CapitalCvent Acquires Reposite to Expand its Global Vendor and Supplier Sourcing Marketplace
Cvent, a leader in meetings, events, and hospitality technology, has acquired Reposite, an AI-driven vendor sourcing platform. Reposite enhances Cvent’s offerings with a robust database of over 35,000 vendors and innovative tools like AI-po
Venture CapitalRising Team Raises $8 Million Series A and Introduces Personalized AI Leadership Coach for Building High-Performing Teams
Rising Team, based in Menlo Park, California, has successfully secured $8 million in Series A funding led by Zeal Capital Partners. This investment will support the expansion of its team performance platform, focusing on AI enhancements, hi
Product NewsWorkday Announces Built on Workday to Help Partners Build, Manage, and Distribute Finance and HCM Apps to Workday Customers
Workday, Inc. has announced "Built on Workday," a new program designed to enable partners to build, manage, and market apps for the Workday platform. Unveiled at the Workday DevCon 2024, this initiative allows partners to create tailored so
Venture CapitalChronus Acquires Imperative to Help Employers Tackle Missing Driver of Employee Engagement - A Sense of Purpose
Chronus , an employee development platform specializing in mentorship and ERG management, has acquired Imperative, a platform focused on employee engagement through meaningful 1:1 conversations. This acquisition aims to address employee eng
Product News15Five Unveils Latest Platform Evolution, Giving HR Leaders a Strategic Command Center for Performance Management
15Five has unveiled a major evolution of its performance management platform, designed to enhance HR teams' ability to analyze and act on employee performance, engagement, and retention data. The new features include advanced demographic an
Venture CapitalAmsterdam based Carv raises $10M to offload admin from recruiters and realize recruiter-AI synergy
Carv, a recruitment AI company based in Amsterdam, has secured $10 million in seed funding from investors including Global Founders Capital and prominent angel investors. The funding aims to accelerate Carv's growth and enhance its platform
Company NewsWorkTango Appoints Monique McDonough as Chief Executive Officer
AUSTIN, Texas, June 03, 2024- WorkTango , an award-winning employee experience platform, today announced the appointment of Monique McDonough as Chief Executive Officer. McDonough, who previously served as Chief Operating Officer at WorkTan
Venture CapitalAshby Announces $30M Series C
Ashby , a rapidly growing recruiting platform, has secured an additional $30 million in equity financing, bringing their total raised to approximately $70 million. The Series C round, led by Lachy Groom with contributions from Elad Gil, F-P
ColumnBroad Market Reach, Customers Expanding UKG Investments Fuel Second-Quarter Fiscal 2024 Momentum
UKG , a leading provider of HR, payroll, workforce management, and culture solutions for all people, today provided a business update for the second quarter of fiscal 2024, ending March 31, 2024. “We continue to see strong demand for UKG so
Company NewsPaycom Announces Promotions of Randy Peck to COO, Jennifer Kraszewski to CHRO and Matt Paque to CLO
Paycom Software, Inc. has announced major leadership promotions, positioning Randy Peck as Chief Operating Officer, Jennifer Kraszewski as Chief Human Resources Officer, and Matt Paque as Chief Legal Officer. These appointments reflect the
Product NewsKumanu Launches AI Coach to Elevate Whole Person Wellbeing
Kumanu has launched the latest version of its platform, Purposeful, featuring AI Coach, which uses evidence-based principles to enhance digital health coaching. AI Coach aims to boost intrinsic motivation and sustained behavior change while
Product NewsWizehire Launches New Candidate Texting to Streamline Recruiting Communication
Wizehire , a prominent hiring solution provider, has unveiled its new Candidate Texting feature, aimed at reducing interview no-shows by up to 71% and increasing interview rates by 26%. Recognizing that 90% of job candidates use cell phones
Product NewsSkedulo launches new Scheduling Experience to help field-workers navigate the complexities of mobile work
Skedulo, a leading provider of mobile workforce management solutions, has launched a suite of new product features designed to enhance scheduling, mobile, platform, and developer experiences. The new offerings aim to empower deskless worker
Product NewsSage Intacct unveils new updates to advance productivity and control for SMBs
New features streamline operations, from AI-powered timesheets to advanced financial controls, ensuring smoother workflows and compliance TORONTO, May 29, 2024- Sage , the leader in accounting, financial, HR, and payroll technology for smal
Company NewsPlum Teams Up with hireEZ to Improve Recruiting Outcomes Through Job Matching
Plum and hireEZ have announced a strategic partnership aimed at revolutionizing talent acquisition and management. By combining Plum's psychometric solutions and hireEZ's AI-driven talent acquisition platform, this collaboration provides or
Venture CapitalHumanly Acquires Teamable, Introducing an AI-First End-to-End Recruiting Powerhouse
Humanly , a leading AI-powered recruiting solutions provider, has acquired Teamable to solidify its position as a comprehensive end-to-end solution in talent acquisition. This acquisition will allow Humanly to offer an integrated suite of t
Venture CapitalBridgepoint to back LumApps as majority investor for its next stage of growth
LumApps , a French startup known for its "intranet superapp" platform for internal communications and workforce applications, has announced that private equity firm Bridgepoint will acquire a majority stake in a $650 million deal. This tran
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