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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300A 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
Company NewsWorkWhile 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
Company NewsCoachHub 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™ ,
Company NewsPeopleGrove 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
NewsA 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
Venture CapitalToronto-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
Venture CapitalWorkera 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
WellbeingPaychex 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
Venture CapitalA 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
Venture CapitalGable 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
Product NewsGravie 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
Venture CapitalRain 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
Company NewsBeisen, 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
Company NewsWorkhuman 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
Venture CapitalSan 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
Venture CapitalGermany-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
HR TechnologyMicrosoft-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
Venture CapitalGermany-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
Venture CapitalRippling 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
Venture CapitalWingspan 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,
Company NewsHireQuest 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
Company NewsWorkday: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
Venture CapitalAG5 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
Company NewsCoachHub 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
Company NewsRippling 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
Company NewsGusto 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
Venture CapitalWith $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
EarningsDocuSign'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
Venture CapitalMentorcliQ 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
Venture CapitalToronto-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,
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