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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Microsoft announces four new employee workforce initiatives
Today, Microsoft is announcing new changes and investments aimed at further deepening our employee relationships and enhancing our workplace culture. Specifically, we are making changes to U.S. based policies and practices related to noncom
TopicsWhy is People Analytics so Important for HR?
Today’s labour market is tight. Because of the change of environment brought on by the pandemic, social unrest and the great resignation, business leaders and HR professionals are working to learn more about people analytics and how it can
Venture CapitalGo1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform
Editor's note：The market for online education receives a lot of attention in the wake of COVID-19. Australia-based Go1 — one of the rising stars in the world of enterprise learning — is announcing a significant $100 million funding round an
Venture CapitalGuild Closes $175 Million in Series F Financing to Accelerate Mission, Expand With New Employer Partners in Dynamic, In-Demand Sectors
Denver, CO, June 02, 2022 (GLOBE NEWSWIRE) — With competition for frontline workers fiercer than ever due to structural shifts in the labor market, Guild , a Career Opportunity Platform, today announced a $175 million Series F financing ro
Venture CapitalServiceNow to Acquire Hitch Works to Help Customers Address Talent Gaps
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW) today announced it has signed an agreement to acquire Hitch Works, a skills mapping and intelligence company. Hitch will add a new layer of AI-powered skills insights to the indus
Venture CapitalHourWork Raises Additional $2.5 Million, Increasing Series A Round Fund Raise to $12.5 Million
BOSTON – HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, today announced the closing of $2.5 million in additional Series A funding led by MassMutual’s MM Catalyst Fund (MMCF), which jo
Venture CapitalFlorence raises $35m (£28.5m) series B funding to revolutionise social care
LONDON – June 1st, 2022 : Florence , the UK-based tech innovator for social care, today announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care i
Product NewsADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
ROSELAND, N.J. , June 2, 2022 /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May ADP ® National Employment Report ™ . Broadly distributed to the public each month, free of charge,
Venture CapitalRealWear Raises $23.5M to Turn Successful Industrial Wearable into High Growth Assisted Intelligence Platform Business
New funding will allow RealWear to build a fully integrated software, hardware and cloud subscription platform to further empower frontline workers Santa Clara, CA – June 1, 2022 – At Augmented World Expo (AWE), RealWear, the world’s leadin
Company NewsUKG Names Chris Todd as Chief Executive Officer
Aron Ain transitions to UKG Executive Chair UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced that Chris Todd, president of UKG, has been appointed chief executive officer (CEO), eff
EarningsHIRE Technologies Reports $9.1 Million in Revenue, Its Sixth Consecutive Quarter of Revenue Growth
Revenue of $9.1 million for the quarter ended March 31, 2022, up 66% from Q1-2021. Gross margin of $4.5 million was almost double the $2.3 million reported for the first quarter of 2021. Adjusted EBITDA 1 was $1.0 million ($0.1 million - M
OpinionWhat Will The Future of HR Look Like in 2030?
If the turn of 2020 didn’t teach business and HR professionals anything but one thing, it is that the world of work is vastly changing. The good news is that as reported by Sage, 72% of HR say they now have more influence in human capital m
InfluencersHR Influencers: Tim Sackett
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
Product NewsHuman Capital Management (HCM) Solutions Market to observe USD 12.16 Bn growth | 34% growth to originate from North America
NEW YORK , May 25, 2022 /PRNewswire/ -- The global human capital management solutions market size is expected to increase by USD 12.16 billion between 2020 and 2025. The market observed a YOY growth of 9.52% in 2021 and the growth mom
Assembled Raises $51 Million in Series B Funding to Accelerate Workforce Management Platform
Funding will bolster company's ability to assist leading companies across industries craft efficient, world-class customer experiences SAN FRANCISCO , May 26, 2022 /PRNewswire/ -- Assembled, the leader in workforce management for modern s
Company NewsVisier Announces Strategic Alliance with Deloitte to Help Companies Improve People Decisions and Deliver Transformational Business Outcomes
Visier Announces Strategic Alliance with Deloitte to Help Companies Improve People Decisions and Deliver Transformational Business Outcomes Strategic relationship brings together the power of Deloitte's Human Capital Analytics & Insights So
Upflex Announces $30M Series A From Top Strategic & Venture Funds
NEW YORK--( BUSINESS WIRE )-- Upflex —the premier global provider of hybrid workspace solutions—announced the closing of its $30 million Series A round. The raise was led by WeWork with participation from notable strategic investors Newm
Product NewsU.S. Independent Professionals Earned an Estimated $247 Billion in 2021 and Have Never Been More Satisfied with Their Work, According to Fiverr’s Fifth Annual Freelance Economic Impact Report
Nearly 70% of freelancers have realized it is more important to be fulfilled in their work than just hold a job Fiverr International Ltd. (NYSE: FVRR), the company that is revolutionizing how the world works together, today released its fif
Chattr raises $3.7 Million to Fix Hourly Hiring Through AI
TAMPA – Chattr , a leading end-to-end AI hiring automation software that delivers an easier and more efficient hiring process for hourly employees announced a new investment of $3.7 million. Chattr’s latest investment round is led by
Venture CapitalVelocity Global Raises $400M in Series B Round
Eldridge and Norwest Venture Partners lead funding round Achieves multi-billion dollar valuation, a 7x increase in one year Investment boosts the company’s Global Work Platform™ that enables businesses and talent to work with anyone, anywhe
EarningsFiverr Announces First Quarter 2022 Results
Fiverr Announces First Quarter 2022 Results ● Strong Q1’22 execution: We posted solid Q1 results amid a shifting macro environment. Q1 revenue was $86.7 million, a record for us. It was also the first time in any Q1 that we achieved Adjust
NewsFiverr Announces First Quarter 2022 Results
Fiverr Announces First Quarter 2022 Results ● Strong Q1’22 execution: We posted solid Q1 results amid a shifting macro environment. Q1 revenue was $86.7 million, a record for us. It was also the first time in any Q1 that we achieved Adjust
Venture CapitalBCG:The $12 Billion Opportunity in HR Technology
A flood of new solutions is vying to help companies manage their workforce. In this crowded market, players can pursue three strategies to win share. Talent management is a large and growing challenge at many organizations, and talent manag
Venture CapitalRise Up raises €30M to Advance Employee Learning across Europe in round led by Connected Capital
Rise Up , the fast-growing employee learning software solution, has raised €30M with Connected Capital, a leading B2B SaaS-focused investment fund, its previous investor MAIF Avenir and its first shareholder Impact Partners. This second rou
Venture CapitalCompt Raises $13 Million Series A Financing Led by Battery Ventures
BOSTON-- Compt , an employee perk stipend software company optimized for today’s more-flexible workplace, today announced a $13 million Series A investment led by Battery Ventures. The funding comes after a year of rapid growth, nearly 500%
Venture CapitalNudge Security Raises $7 million in Seed Funding Led by Ballistic Ventures to Secure the Modern Workforce
AUSTIN, Texas, April 5, 2022 -- Nudge Security announced $7 million in seed funding led by Ballistic Ventures, reuniting a team that has transformed the cybersecurity industry for over three decades. The investment marks the first to be ann
Company NewsMaking Sense of Employee Expectations in 2022
How have employee expectations evolved? Learn what our research reveals following an analysis of 19 million comments submitted in Workday Peakon Employee Voice throughout 2021 by nearly 1.8 million employees. The list of events impacting or
Venture CapitalWorkRamp Raises $40 Million for its All-in-One Learning Platform Built to Unlock the Growth Potential of Fast-Growing Businesses
SAN FRANCISCO -- WorkRamp , the All-in-One Learning Platform helping businesses and their employees unlock their true growth potential – has raised a $40 million Series C funding round co-led by Salesforce Ventures, Slack Fund and Susa
Venture CapitalBranch Raises $75M to Help Contract Workers Get Paid Faster
MINNEAPOLIS, MN — Branch , a leading workforce payments platform, today announced it has closed a Series C funding round totaling $75 million. The round, led by Addition, includes participation from leading global growth equity investor Ge
Venture CapitalPayroll Infrastructure Startup Check Announces $75 Million Series C Led by Stripe
Check, a leading payroll infrastructure startup, recently announced a significant milestone in its growth journey, securing a $75 million Series C funding round. This investment round, led by Stripe, a renowned API technology company specia
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