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Venture Capital

A New York- and Tel Aviv, Israel-based company Zorro Raises $11.5M in Seed Funding, led by Pitango and 10D

MARCH 28, 2023/-- Zorro , a New York- and Tel Aviv, Israel-based company providing health benefits experience for employees, employers and brokers, raised $11.5M in Seed funding. The round was led by Pitango and 10D . The company intends to

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
Company News

PeopleGrove Launches New Job Network for College Students

Job Connections boosts colleges’ and universities’ ability to amplify networking opportunities within job postings, maximizing job seeker success by leveraging the #1 way jobs are earned — who they know . SAN FRANCISCO – – PeopleGrove , hig

Mar 27, 2023
News

A Majority Stake in Fusion Healthcare Staffing Acquired by Chicago-based Waud Capital Partners

Waud Capital Partners (Waud Capital), in partnership with experienced healthcare executives Bales Nelson and Allen Dye, today announced the establishment of a new platform company, Fusion Health . Fusion Health will provide clinical staffin

Mar 27, 2023
Venture Capital

Toronto-based System-3 Raises CAD$3.6M in Seed Funding to Help Enhance its Software for Selecting Leadership Candidates

TORONTO – February 22,2023  – System-3 , a startup that empowers companies to objectively identify and evaluate current and emerging leadership talent, today announced it has raised CAD$3.6 million in seed funding. The investment was led by

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
Wellbeing

Paychex Charitable Foundation to Donate $1 Million to Mental Health America

ROCHESTER, N.Y. ,  March 22, 2023  -- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that  Mental Health America

Mar 22, 2023
Venture Capital

A San Francisco, CA-based provider Clerk raised $15M in Series A funding led by Madrona for React authentication and user management

MARCH 22,2023/-- Clerk , a San Francisco, CA-based provider of a drop-in authentication and user management solution for React, raised $15M in Series A funding. The round was led by Madrona, whose managing director Karan Mehandru joined the

Mar 22, 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

Gravie Secures $179 Million Financing to Expand Innovative Health Benefits Plans for SMEs

MINNEAPOLIS ,  March 21, 2023 -- Gravie, one of the fastest growing employer health benefits companies in the United States , announced today that General Atlantic, a leading global growth equity investor, will anchor a  $179 million  equit

Mar 22, 2023
Venture Capital

Rain Instant Pay Closes Historic Funding, $116M Total in Series A

Rain , a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A wit

Mar 21, 2023
Company News

Beisen, China's Leading Cloud HCM Provider, Passes HKEX Hearing, Preparing for Main Board Listing

March 20, 2023 - Beisen Holding Limited ("Beisen"), a Beijing-based company, announced that it has successfully passed its listing hearing on the Hong Kong Stock Exchange (HKEX). Following the hearing, the company unveiled its prospectus an

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

San Francisco-based Upduo Secures $4 Million in Seed to Help Teams Leverage Peer-to-peer Learning

SAN FRANCISCO-- Upduo , the peer-to-peer learning platform for data-driven teams, today announces that it has raised $4 million in seed capital. The funding round was led by Impact Venture Capital with participation from Sky9 Capital and an

Mar 20, 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
HR Technology

Microsoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots to help enhance its HCM

The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings The deal will also enable ZingHR to increase the efficie

Mar 20, 2023
Venture Capital

Germany-based Medwing Raises €44M in Series C Funding

Medwing , a Berlin, Germany-based digital HR management platform for healthcare, raised €44m in Series C funding. Backers included Hambro Perks and SVB Capital , Quadrille Capital , Cathay Innovation , Northzone , Cherry Ventures , and Atla

Mar 19, 2023
Venture Capital

Rippling Attracts $500M Series E Investment from Greenoaks, Upholding $11.25 Billion Valuation Seen in Previous Round

Rippling raises $500M in Series E financing Rippling has raised $500M in a round led by Greenoaks. The round values the company at $11.25 billion, the same as the company’s Series D financing in May 2022. This was an unusual round, raised i

Mar 17, 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
Company News

HireQuest Reports Financial Results for Fourth Quarter 2022

Q4 2022 Royalty Revenue Grows 26.4% YoY to $7.7 million Q4 2022 Net Income from Continuing Operations Increases 21.0% YoY to $2.6 million GOOSE CREEK, SC / ACCESSWIRE / March 16, 2023 /  HireQuest, Inc. (Nasdaq:HQI), a national franchisor o

Mar 16, 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

Rippling calls on FDIC to release payments due to hundreds of thousands of everyday Americans

Background: The bankruptcy of Silicon Valley Bank has had a widespread impact, particularly on companies that provide payroll services for employees. We have seen a number of companies issuing announcements and updates regarding the situati

Mar 11, 2023
Company News

Gusto Payroll Processing is Not Impacted by the Silicon Valley Bank Situation

Background: The bankruptcy of Silicon Valley Bank has had a widespread impact, particularly on companies that provide payroll services for employees. We have seen a number of companies issuing announcements and updates regarding the situati

Mar 11, 2023
Venture Capital

With $6M from Greylock & Susa Ventures, HeadRace Launches to Democratize the Recruiting Industry

HeadRace is building the world’s largest network of boutique recruiters - making hiring faster, more transparent, and more cost-effective for employers. AUSTIN, Texas-- HeadRace , a recruiting platform, announced today that it raised $6M in

Mar 10, 2023
Earnings

DocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products

DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO ,  March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce

Mar 9, 2023
Venture Capital

MentorcliQ receives $80M investment to enhance enterprise mentorship and inclusive culture.

COLUMBUS, Ohio– MentorcliQ , a leader in employee mentoring software, today announced a strategic growth investment of over $80 million from PSG, a leading growth equity firm partnering with software and technology-enabled services companie

Mar 9, 2023
Venture Capital

Toronto-based Barley Secures $4M Seed Funding to Build Data-Driven Compensation Management Platform

Barley's HR software builds trust between employers and employees through informed and equitable compensation management TORONTO ,  March 8, 2023   Barley, a compensation management   platform that makes it easy for companies to structure,

Mar 8, 2023
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