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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300HiringBranch Secures $2.5M in Funding Round Led by BDC Capital to Revolutionize HR
MONTREAL, QC October 4, 2023 / HiringBranch announced today that it has secured $2.5 million in non-dilutive funds from BDC Capital's Growth & Transition Capital division. BDC, Canada's bank for entrepreneurs, is investing in HiringBranch
Venture CapitalADP Launches ADP Ventures,A Game-Changer in Human Capital Management?
ADP, a global leader in human capital management solutions, has announced the launch of its corporate venture capital arm, ADP Ventures. The new venture aims to invest in early-stage tech startups that align with ADP's innovation strategy.
Company NewsHow WilsonHCG's Outbound Recruiting Strategy Tripled Candidate Response Rates and Reduced Tool Spend
WilsonHCG's Outbound Recruiting Strategy tripled candidates' response rates and reduce tool spending with hireEZ. Find out how hireEZ helps. Read on. Outbound Recruiting Highlights in 2022 More than 2.2 million candidates qualified throug
Company NewsFactorial Acquires YC-Backed Fuell, Expands Into Expense Management Market
Factorial, a leading HR software solutions provider, has acquired Fuell, a Spain-based expense management startup. This marks Factorial's first acquisition and product expansion, positioning it as Europe's first integrated HR and expense ma
Company NewsVisier Appoints Keith Bigelow as Chief Product Officer
Visier, a global leader in people analytics and workforce solutions, has announced the appointment of Keith Bigelow as their new Chief Product Officer. With a rich background in AI, analytics, and enterprise SaaS, Bigelow brings a wealth of
Company NewsLinkedIn's Gen AI Features: A Comprehensive Look at New Tools in Recruitment, Learning, and Sales
As a Senior Editor at DHRmap, I've been closely monitoring the transformative role of Artificial Intelligence (AI) in Human Resources (HR). LinkedIn, a platform that has become indispensable for professionals worldwide, has recently unveile
Company NewsSAP SuccessFactors Opportunity Marketplace & SAP Business AI-powered Recommendation
The blog post delves into the intricacies of SAP SuccessFactors Opportunity Marketplace, a platform designed to foster internal mobility, career development, and upskilling within organizations. It highlights how the platform leverages AI-p
ColumnWorkday and ADP Strengthen Partnership to Revolutionize Global Payroll and HR
Workday and ADP have announced an extended partnership aimed at providing a frictionless global payroll, compliance, and HR experience for their joint customers. This deeper collaboration builds on a decade-long relationship and is designed
Venture CapitalTransfr Secures $40 Million in Series C Funding to Revolutionize VR Workforce Training
Transfr, a New York-based startup, has raised $40 million in a Series C funding round to expand its VR-based workforce training platform. The funding will be used to scale the platform, develop new training simulations, and expand its langu
Company NewsWorkday Unveils New Generative AI Capabilities to Amplify Human Performance at Work
Workday has announced a suite of new generative AI capabilities aimed at amplifying human performance in the workplace. These features, showcased at the annual Workday Rising conference, promise to revolutionize how businesses manage produc
Venture CapitalFinancial Wellbeing Startup Mintago Closes $4.75m Funding Round
Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK. Founded in 2019 by Chieu Cao, the former co-founder and CMO of Perkbox, Mintago helps empl
Company NewsCoachHub Introduces Co-development Hubs as First Collective Coaching Offering
CoachHub, a leading digital coaching platform, has announced its new offering called "Co-development Hubs," designed for collective coaching. This first-of-its-kind feature uses evidence-based methodology to enhance team collaboration and i
Product NewsUnlocking People Advantage: How Sequoia's Comp-OS 2.0 Simplifies HR and Finance
Sequoia has launched Comp-OS 2.0, a comprehensive solution aimed at simplifying the complex landscape of global compensation management for HR and finance leaders. The platform offers real-time visibility into organizational spending and en
Venture CapitalNew York-Based Giftpack AI Secures $4.3M in Seed Funding to Revolutionize Corporate Gifting
The raise will further Giftpack's mission to innovate gifting services and enhance platform functionality to help companies get gifting right NEW YORK , Sept. 21, 2023 Giftpack AI , a leading AI-powered corporate gifting platform, today
Venture CapitalAmsterdam-Based Lepaya Secures $38M to Revolutionize Corporate Learning and Close Skills Gaps
Lepaya, a leading corporate EdTech provider, has secured $38 million in funding, marking the largest investment in this sector for 2023. The company aims to revolutionize the $400 billion corporate learning market with its AI-powered capabi
TopicsFirst HP Work Relationship Index Shows Majority of People Worldwide Have an Unhealthy Relationship with Work
HP Research Finds Expectations of Work Have Changed Drastically in the Last 2-3 Years News Highlights Only 27% of knowledge workers say they have a healthy relationship with work; India is most healthy, Japan least healthy 83% of knowledge
Product NewsLattice's New HRIS: A One-Stop Solution for Modern HR Teams
Founded in 2015, Lattice has been a trailblazer in the realm of people management software. Initially focusing on continuous performance management solutions, the San Francisco-based company has since broadened its offerings to include empl
Venture CapitalYurts Announces $16M in Series A Funding to Accelerate Growrh
SAN FRANCISCO , Sept. 19, 2023 -- Yurts , the enterprise-ready Generative AI platform, today announced a $16 million Series A to support its acceleration into the market. The oversubscribed funding round was led by Nava Ventures, with a
Venture CapitalHiBob Adds $150M in New Round of Funding to Support Continued Expansion
NYC, USA and London, UK – 19 Sept 2023: HiBob , the company behind ‘Bob’, the HR platform transforming how organizations operate in the modern world of work, today announced it has secured $150M in new funding in a round that was led by Fa
Company NewsTrueBlue Automates Finance and HR with Oracle Fusion Cloud Applications
Oracle CloudWorld, Las Vegas— TrueBlue , a leader in specialized workforce solutions, has achieved a 40 percent return on investment (ROI) since implementing Oracle Fusion Cloud Applications Suite. With Oracle Fusion Cloud Enterprise Resour
Venture CapitalSales Commission Startup Performio Scores $13M Funding Round
Performio, a West Hollywood, CA-based incentive compensation software company, raised $13 million in growth capital financing. IRVINE, Calif. , June 14, 2022 Performio , a leading enterprise-grade sales commission software solution provi
Venture CapitalSailes Secures $5.1M Series A Funding to Automate Sales Prospecting with AI
Sailes , the AI startup revolutionizing sales prospecting with its patent-pending Sailebots, has secured $5.1M in a Series A round led by Lewis & Clark Ventures. This funding propels Sailes to new heights in automating sales activities. Sai
Company NewsGreenhouse Promotes Henry Tsai to Chief Product Office
NEW YORK , Sept. 13, 2023 Greenhouse , the hiring operating system for people-first companies, announced today that it has promoted Henry Tsai to Chief Product Officer. As a longstanding part of the Executive Leadership Team, Henry will
Company NewsInternal Hiring Boosts Retention and Saves Money, Yet Has Slumped Post Pandemic, The Josh Bersin Company Finds
Internal mobility initiatives and hiring processes rose in popularity during the pandemic to become a source of innovation , employee retention, a core driver of company culture, and broad savings But the focus on internal recruitment has w
Venture CapitalJustworks Announces Merger Agreement to Acquire Via, an International Employment Platform, to Accelerate its Global Solutions for Small Businesses
NEW YORK, – Justworks, Inc. (“ Justworks ”) today announced that it has entered into a definitive merger agreement with Via Global Ventures, Inc. (“ Via ”) under which Justworks will acquire Via, an international employment platform. With
Venture CapitalLumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round
SARATOGA, Calif. -- Lumber , creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding. With its fully integrated, purpo
Venture CapitalMerging for Mastery: How Spark Hire's Acquisition of Chally is Redefining Talent Assessment Solutions
In a groundbreaking move that promises to redefine the landscape of talent assessment, Spark Hire, a global leader in video interviewing, has announced its strategic acquisition of Chally, a pioneer in predictive talent analytics. This acqu
Company NewsPapaya Global Amplifies U.S. Workforce Capabilities with Comprehensive Payroll and EoR Solutions
With this expansion, Papaya Global provides a complete suite of solutions including Payroll, EoR and PEO, to drive growth by enabling global organizations to hire confidently in the US market TEL-AVIV, Israel , Sept. 12, 2023 - Papaya Glo
Venture CapitalCommon Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the
Company NewsTargetRecruit Introduces Copilot: Elevating Recruitment Efficiency with Artificial Intelligence
TargetRecruit is excited to introduce a groundbreaking addition to our latest product release – Copilot, an advanced AI Integration Framework. This innovative framework marks the first step in a series of forthcoming AI capabilities designe
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