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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ADP and Convera Announce Strategic Collaboration Offering End-to-End Payroll and Payments Solutions
ADP, a global leader in human capital management solutions, and Convera, a prominent B2B payments Fintech, announced a strategic collaboration on November 14, 2023. This partnership aims to provide ADP clients with a comprehensive end-to-en
Venture CapitalEngagedly's Strategic Takeover of theEMPLOYEEapp Enhances Deskless Workforce Connectivity and Growth
Engagedly has strategically acquired theEMPLOYEEapp to revolutionize how companies communicate with their deskless workers. By harnessing AI-powered talent management, this move aims to streamline internal communications, bolster remote eng
EarningsFiverr Announces Third Quarter 2023 Results
Delivered strong results for Q3’23. Our focus and execution across our core marketplace and Fiverr Business Solutions allowed us to deliver revenue and Adjusted EBITDA at the high end of our guidance. Improving Adjusted EBITDA margins for
Venture CapitalEarnBetter's AI Revolution: Landing $4.5 Million to Transform Job Searches
EarnBetter , a pioneering AI technology company, announces the launch of its AI job search assistant alongside securing a $4.5 million seed round investment. The platform, backed by prominent investors like Andreessen Horowitz, revolutioniz
EarningsSterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy
NDEPENDENCE, Ohio, Nov. 08, 2023 Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi
Venture CapitalEnable Powers Up with $120M Series D Funding to Revolutionize Rebate Management
Enable has secured a substantial $120M in Series D funding, placing its valuation at $1.12B, as it continues to revolutionize rebate management in the global supply chain. Emphasizing the simplicity and strategic importance of rebates, Enab
Product NewsSilkRoad Evolves to Rival: A New Era in AI-Driven Talent Acquisition
SilkRoad Technology has rebranded to Rival, launching Rival Recruit, an AI-powered talent acquisition suite with over 700M passive candidates. This suite enables efficient collaboration for hiring teams, offering features like analytics, AI
Product NewsSalary.com Acquires CompXL, The Enterprise Compensation Planning Leader
Salary.com, a leading provider of compensation management software and data solutions, has expanded its offerings by acquiring HCR Software. This move integrates CompXL's incentive compensation planning software into Salary.com's existing s
EarningsPaylocity Announces First Quarter Fiscal Year 2024 Financial Results
Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le
Venture CapitalEmpowering the Workforce: Nowsta's $35M Series C to Transform Contingent Hiring
Nowsta, a leading technology firm shaping the gig workforce's operating systems, has announced a substantial $35 million in Series C funding. This financial boost is in stride with the unveiling of Nowsta Staffing Labs, a groundbreaking ini
Venture CapitalSan Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service
Venture Capital1up Secures $2.5 Million to Revolutionize Knowledge Automation in Sales
1up has successfully raised $2.5 million in funding from investors like 8-Bit Capital and RRE Ventures to advance its Knowledge Automation Platform. The platform is designed to automate knowledge for sales teams, enabling them to answer com
Company NewsCreative Talent Endeavors launches AI-powered 'Fairantee™' algorithm to inject transparency into executive search pricing
Fairantee™ breaks the traditional pricing model of recruiting search firms and allows clients to understand what goes into what they pay CHARLOTTE, NC - October 31, 2023 - Creative Talent Endeavors (CTE), a retained executive search and HR
Venture CapitalWork Shield raises $6 million from Ballast Point Ventures
Work Shield, a Dallas-based incident management technology firm, has secured a $6 million investment from Ballast Point Ventures. This strategic move aims to bolster Work Shield's comprehensive solution for reporting, investigating, and res
Venture CapitalLondon-based Spotted Zebra's £7.7M Funding: A Leap Towards Skills-Centric Workforce Management
London-based Spotted Zebra, a pioneering skills-based workforce management platform, has successfully raised £7.7M in a Series A funding round. With a vision to address the global skills-gap crisis, the company aims to align individuals wit
Venture CapitalShakers Lands €6M in Seed Funding: A Milestone for Madrid's HRtech Scene
Shakers, a Madrid-based HRtech startup, has successfully raised €6 million in a Seed funding round aimed at simplifying team building and enhancing collaboration between companies and freelancers. The startup focuses on several key areas in
Venture CapitalEspresa Raises $23 Million Series A Funding to Transform Personal Benefits for Global Workplaces
Espresa has successfully secured $23 million in Series A funding led by Clear Ventures, marking a significant milestone in the HR tech space. The funding aims to accelerate the expansion of Espresa's LSA Plus™ platform, a revolutionary pers
Venture CapitalOfficeRnD Secures Investment from Blue Star Innovation Partners: What's Next for Flexible Workspaces?
OfficeRnD Announces Strategic Partnership with Blue Star Innovation Partners, Aiming to Transform the Coworking and Hybrid Work Industries Today marks a significant milestone for OfficeRnD, a leading provider of workspace management solutio
Venture CapitalMiami-Based Traba Secures $22M Funding: Revolutionizing Light Industrial Staffing
Traba, a leading marketplace for light industrial staffing, has raised $22 million in a funding round led by Founders Fund. The investment marks a significant valuation increase from last year and includes participation from returning inves
Venture CapitalMicro1's Game-Changing $1.3M Raise: Revolutionizing AI in Engineering Recruitment
Micro1 , an LA-based engineering recruitment company, has successfully raised $1.3 million in a new funding round, surpassing its initial goals. Founded by Ali Ansari, a UC Berkeley alumnus and seasoned entrepreneur, Micro1 leverages AI to
EarningsTriNet Announces Third Quarter 2023 Results
TriNet Group, a leading provider of human capital management solutions, has announced its financial results for Q3 2023. The company reported a slight decrease in total revenues and professional service revenues compared to the same period
Company NewsADP Launches First All-in-One HCM Solution for the Construction Industry
ADP has launched Workforce Now for Construction, a groundbreaking all-in-one Human Capital Management (HCM) solution tailored for the construction industry. This comprehensive platform addresses the unique challenges faced by construction f
Company NewsMeet 'Vee': Visier's AI Assistant That Democratizes Workforce Insights
Visier, a global leader in people analytics, made significant announcements at the annual HR Technology Conference. The company introduced its vision for Systemic HR, a unified HR model powered by connected data. Visier also unveiled 'Vee,'
Venture CapitalRedefining Hospitality Workforce Management: New York's Harri Raises $43M in Latest Funding
Harri, a leader in Frontline Employee Experience technology, has successfully closed its Series B funding round, raising $43M led by Atalaya Capital Management and Golub Growth. The funding will accelerate Harri's expansion and innovation i
Company NewsRevolutionize Your Workforce Data Management with ADP's API Central: The Future of Fast, Secure HCM Integration
ADP, a global leader in human capital management solutions, has introduced API Central—a platform designed to simplify, accelerate, and secure the integration of workforce data across HR and business systems. The platform offers standard AP
Company NewsiCIMS Debuts Generative AI Recruiting Assistant, iCIMS Copilot
iCIMS, a leader in talent acquisition technology, has unveiled its new generative AI-powered recruiting assistant, iCIMS Copilot. The assistant aims to revolutionize the talent acquisition process by enhancing efficiency, decision-making, a
Company NewsKelly Launches Recruitment Platform for AI and Automation Talent
Kelly has just launched Kelly Arc, an innovative online recruitment platform tailored for AI-powered automation roles. Tackling the talent gap in AI and automation, this platform is a game-changer. With AI-based matching and personalized re
Venture CapitalHiringBranch 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
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