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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Revolutionizing Talent Management: The Predictive Index Acquires Performance Management Leader Charma
The Predictive Index (PI), a foremost talent optimization platform, has recently acquired Charma, previously known as WorkPatterns. This strategic move merges over 65 years of PI's behavioral science expertise with Charma's advanced perform
Company NewsCheck Launches New Tools to Help Organizations Build and Scale Payroll Businesses
Check, a pioneer in embedded payroll, has launched innovative tools to assist organizations in establishing and expanding their payroll businesses. These tools include Credit & Fraud Protection, Embedded Setup, and Embedded Support. These s
Product NewsRedNevada.AI Launches RAI, The Market Leading AI Recruitment Tool
RedNevada.AI revolutionizes the recruitment sector with RAI, an AI-driven technology. Designed to streamline recruitment processes, RAI significantly reduces time-to-placement, automates admin tasks, and enhances CV screening efficiency. It
Company NewsThe Josh Bersin Company Introduces Systemic HR™, a Global Initiative to Redefine the Role of Human Resources in Business
The Systemic HR™ Initiative by The Josh Bersin Company represents a groundbreaking shift in the HR landscape. This multi-year program, backed by over 25 years of research, redefines HR's role in modern business. Moving beyond traditional mo
Venture CapitalCanadian AI-Powered Engagement Platform ThoughtExchange Lands $13.5M Equity Investment for Business Expansion
ThoughtExchange, a leading AI engagement and survey platform, recently secured a substantial $13.5M equity investment. This financial boost, led by InBC Investment Corp. along with various established investors, underlines the platform's in
Venture CapitalIndian SaaS Powerhouse ProHance Gains Major Investment from ChrysCapital
ProHance, a leading workplace analytics and operations management SaaS provider, announced a significant investment from ChrysCapital, a prominent Indian investment firm. This strategic move is set to accelerate ProHance's global expansion,
Product NewsPaylocity acquires Trace, an innovative solution for headcount planning
On December 1, 2023, Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, announced its acquisition of TraceHQ.com, Inc., a company offering an innovative solution for headcount planning. This acqui
Venture CapitalExectras' Game-Changing Moment: $30 Million Financing from Tacora to Boost SMB Services
Exectras , a prominent service provider for small and medium-sized businesses (SMBs), recently completed a significant debt financing deal with Tacora Capital, securing up to $30 million. This funding will drive the acquisition of merchant
Venture CapitalKahuna Workforce Solutions Raises $21M in Series B to Transform Frontline Skills Management
Kahuna Workforce Solutions recently secured a $21 million Series B funding from Resolve Growth Partners to enhance its skills management technology for frontline workers. This significant investment marks a milestone in Kahuna's growth traj
Venture CapitalEvery.io Emerges with $9.5M Funding: A One-Stop Solution for Startup HR and Finance
Every.io, an innovative all-in-one back office stack for startups, has emerged from stealth with a significant milestone: securing $9.5 million in seed funding. The funding round, led by Base10 Partners, with contributions from Y Combinator
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
Venture CapitalAlto Neuroscience Secures $45M in Game-Changing Series C Round for Mental Health Breakthroughs
– New investors include InVivium Capital, Franklin Templeton, Point72, Eli Lilly and Company, and Alexandria Venture Investments – – Funds will be used to support ongoing and planned late-stage clinical development of CNS product candidates
Company NewsJeff Moses Named CEO of WorkForce Software
Jeff Moses has been appointed as the CEO of WorkForce Software , effective January 1, 2024. Bringing over 25 years of expertise in B2B Cloud SaaS and a strong track record as WorkForce's Chief Revenue Officer, Moses is set to spearhead the
Venture CapitalFrench Startup Indy Clinches $44 Million in Series-C to Streamline Tax and Paperwork for Freelancers
Indy, a leading provider of an all-in-one application for independents, has successfully raised 40 million euros in a Series-C funding round led by BlackFin Capital Partners, La Maison, and iXO. This significant investment will enhance Indy
Venture CapitalAya Healthcare's Game-Changing Move: Acquiring AI-Powered Winnow for Enhanced Physician Recruitment
Aya Healthcare , a leader in healthcare talent solutions, has acquired Winnow AI, an innovative data science platform designed to enhance physician recruitment strategies. Amid a critical provider shortage, this acquisition strategically po
Company NewsGlobal Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology
Costa Coffee, a renowned global coffee chain, has significantly enhanced its store staffing efficiency by 65% through the adoption of UKG's AI-powered technology. This strategic move allows Costa Coffee to optimize labor allocation and make
Venture CapitalInclusively's Game-Changing $13M Series A Funding for Workplace Revolution
In a groundbreaking move, Inclusively has raised $13 million in Series A funding to enhance its revolutionary workplace personalization tool, Retain. Designed to address the diverse and evolving needs of modern employees, Retain integrates
Venture CapitalOmaha's Workshop Secures $12M: A New Era for Internal Communication
Redefining Internal Communication: Workshop 's $12M Series A Triumph" In an era where effective internal communication is pivotal, Workshop, an Omaha-based startup, has emerged as a game-changer. Securing a significant $12 million in Series
Company NewsThe Josh Bersin Company Unveils Galileo™--The World's First AI-Powered Expert Assistant for HR Professionals
The Josh Bersin Company has unveiled Galileo™, a groundbreaking AI-powered expert assistant tailored for HR professionals. This innovative tool leverages 25 years of comprehensive research, data, and insights from the company, enabling HR l
Product NewsRemote Talent: Revolutionizing the Way We Connect with Global Workforces
Remote, a leader in managing globally distributed workforces, has launched a new marketplace, Remote Talent, to bridge the gap between employers and job seekers. Integrated with Remote’s global HR platform, this marketplace caters to both r
Company News3 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem
Product NewsADP 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
Company NewsUKG Aspire 2023: Caring for Your People Leads to Better Business Outcomes
Every person deserves to work at a great workplace. That was the resounding message this week at UKG Aspire in Las Vegas, where more than 5,000 UKG customers, partners, employees, and HR industry thought leaders and influencers gathered to
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
EarningsZipRecruiter Announces Third Quarter 2023 Results
Quarterly revenue of $155.6 million Net income of $24.1 million, or net income margin of 15% Adjusted EBITDA of $54.4 million, or Adjusted EBITDA margin of 35% SANTA MONICA, Calif. ZipRecruiter ® , a leading online employment marketplace,
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
Venture CapitalSA recruiting startup JOBJACK raised $2.5 M to support initiatives to reduce unemployment
South African recruitment startup JOBJACK has raised ZAR45 million (US$2.5 million) in pre-Series A funding to help it change the narrative of entry-level recruitment in the country. Founded in 2018 by Christiaan van den Berg and Heine Bell
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