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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday's Q1 FY2025: A Surge in Revenues and AI-Driven Growth
Workday, Inc. reported impressive fiscal 2025 first-quarter results, showcasing strong revenue growth and significant improvements in profitability. Total revenues reached $1.990 billion, an 18.1% year-over-year increase, while subscription
Venture CapitalIn-House Health Raises $4 Million Seed Round, Unveils AI-Powered Scheduling Platform to Combat Nurse Shortage Crisis
In-House Health , co-founded by Ari Brenner, Sergey Vasilenko, and Shachar Har Zvi, has launched an AI-driven scheduling and management platform designed to revolutionize nursing team operations. The platform, which aims to improve the nurs
EarningsPaycor Announces Third Quarter Fiscal Year 2024 Financial Results
Paycor HCM , Inc., a leader in human capital management software, reported significant growth in its Q3 fiscal year 2024 results. Total revenues reached $187.0 million, a 16% increase year-over-year, with recurring revenue growing to $172.0
EarningsHireRight Reports First Quarter 2024 Results
HireRight Holdings Corporation reported its Q1 2024 financial results, revealing a slight decrease in revenue to $173.2 million from $175.4 million the previous year, and a net loss of $3.3 million, an improvement over last year's $7.9 mill
Company NewsNew Generation of AI Platforms Set to Revolutionize the $200 Billion HR Technology Market, Says Josh Bersin Company
The Josh Bersin Company has unveiled a significant shift in HR technology with the rise of Enterprise Talent Intelligence systems. These AI-driven platforms, moving beyond mere talent acquisition, now encompass career development, leadershi
EarningsHeidrick & Struggles Reports Strong Q1 2024 Earnings, with Strategic Acquisitions Boosting Growth
Heidrick & Struggles International, Inc. reported an 11% year-over-year increase in quarterly revenue, totaling $265.2 million for Q1 2024. The company also declared a quarterly cash dividend of $0.15 per share. Despite the acquisitions of
Venture CapitalKelly enters agreement to acquire specialty talent solutions company, Motion Recruitment Partners, LLC
Kelly , a leading global talent solutions provider, has announced a significant agreement to acquire Motion Recruitment Partners, LLC (MRP), a specialty talent solutions company. This transformative acquisition aims to bolster Kelly's scale
EarningsInsperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown
Insperity, Inc. reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom
EarningsTriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o
Venture CapitalHR Path Acquires GroupeX, leading HCM provider in North America
HR Path Group announced its acquisition of Toronto-based GroupeX Solutions, a key move to strengthen its presence in North America and enhance its HRIS consulting capabilities. GroupeX, known for its partnerships with major software vendors
Venture Capitalbswift LLC acquires Davis & Company, expanding its Communication Agency suite of solutions
bswift , a leader in employee benefits technology and administration, has announced the acquisition of Davis & Company, an innovator in internal communication. This acquisition is aimed at enhancing bswift's services in change management, m
Venture CapitalInverness Graham Revolutionizes Employee Engagement with BenefitHub Acquisition
Inverness Graham, a prominent Philadelphia-based buyout firm known for its strategic investments in technology-driven companies, has recently announced its acquisition of BenefitHub . Founded in 1999, BenefitHub stands out as a leading plat
Company NewsSmartRecruiters' Global Footprint: Facilitating 100 Million Job Applications Signals Strong International Growth
SmartRecruiters , an innovative hiring platform, announces significant growth and strategic advancements, marking a notable presence in the global recruitment technology sector. The platform has achieved a milestone with over 100 million jo
Company NewsUNLEASH America 2024: America’s premier HR conference and expo
UNLEASH America to feature more than 200 speakers, including Earvin “Magic” Johnson, across 14 stages and summits, where HR, learning, AI, innovation and inspiration intersect LONDON & LAS VEGAS-- UNLEASH , a global digital media and events
Venture CapitalServiceNow Announces Acquisitions of 4Industry and EY Smart Daily Management Application to Drive Innovation for Smart Industrial Environments and Connected Workers
ServiceNow, a leader in digital workflows, has announced the acquisition of 4Industry and Smart Daily Management from EY, bolstering its operational technology management capabilities. This strategic move enhances ServiceNow's offerings wit
ColumnWorkday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results
Workday, Inc. announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript
Company NewsTriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO
TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful
EarningsUpwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
Product NewsDiscover 2024's Latest: DHRmap's January Market Map Unveiled
HR professionals often feel overwhelmed by the plethora of products at numerous HR tech expositions, many with overlapping functions or similar concepts. Observing the global HRTech market , it's clear that mergers and acquisitions are ongo
Company NewsADP appoints Thomas J. Lynch as the new Independent Board Chair
Carlos Rodriguez to continue as member of ADP Board of Directors ROSELAND, N.J. , Jan. 10, 2024 ADP , a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors ap
Company NewsGlobal Compliance Technology Leader, Mitratech, Elevates Market Position with Dual Acquisitions of Syntrio and Mineral
Mitratech, a leader in global compliance technology, has expanded its suite by acquiring Syntrio and Mineral, enhancing its offerings with ethics hotlines, predictive HR services, and over 1,000 eLearning courses. This move creates a compre
Product NewsPaychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
Paychex , Inc.'s Fiscal 2024 mid-year report impresses with a 6% revenue increase to $1.2579B in Q2 and $2.5439B for 6 months. Operating income rose 7% to $506.2M in Q2, while diluted EPS soared 9% to $1.08. Growth driven by 4% rise in Mana
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
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 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
Venture CapitalAmsterdam-Based Lepaya Secures $38M to Revolutionize Corporate Learning and Close Skills Gaps
Lepaya, a leading corporate EdTech provider, has secured $38 million in funding, marking the largest investment in this sector for 2023. The company aims to revolutionize the $400 billion corporate learning market with its AI-powered capabi
Company NewsTrueBlue Automates Finance and HR with Oracle Fusion Cloud Applications
Oracle CloudWorld, Las Vegas— TrueBlue , a leader in specialized workforce solutions, has achieved a 40 percent return on investment (ROI) since implementing Oracle Fusion Cloud Applications Suite. With Oracle Fusion Cloud Enterprise Resour
Product News2023 HR Tech Market Map-One Glance at the Global HR Tech Market, Easy with DHRmap ( Newest Release on August 18, 2023)
August 18, 2023, Dallas ,Global innovative HR tech media and platform DHRmap has released its newest version of the DHRmap market map for global HR professionals. Designed to enhance HR efficiency, it enables a quick understanding of the dy
Venture CapitalToothio Raises $4M Led By Craft Ventures to Revolutionize Dental Staffing
PHOENIX , Aug. 16, 2023 -- Toothio , the on-demand dental staffing platform connecting qualified professionals with practices, today announced a $4 million seed round led by Craft Ventures with participation from Burst Capital, Moving C
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