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Venture Capital

Canada-Based HiringBranch Raises CAD 5M Series A to Disrupt Recruitment with Soft Skills AI

HiringBranch , an AI-driven platform specializing in soft skills assessment, has raised CAD 5 million in Series A funding led by Crédit Mutuel Equity, with contributions from Export Development Canada and Anges Québec. The funding will supp

Dec 10, 2024
Venture Capital

Alliant Insurance Services Acquires Union First, Expanding Its Benefits Solutions for Public Safety Associations

Alliant Insurance Services   has acquired Union First , a firm specializing in benefits consulting and administration for public safety professionals. Joining Alliant’s Employee Benefits Group in the West Region, Union First brings expertis

Dec 9, 2024
Venture Capital

Aya Healthcare to Acquire Cross Country Healthcare for Approximately $615 Million in Cash

Aya Healthcare is set to acquire Cross Country Healthcare in a $615 million all-cash transaction, offering a 67% premium per share. This strategic move will integrate Cross Country’s 40-year expertise with Aya’s market-leading technology an

Dec 4, 2024
Venture Capital

CoachHub Secures €40M in Growth Financing from HSBC Innovation Banking UK to Fuel AI Innovation and Product Expansion

CoachHub , a global leader in digital coaching, has secured €40 million in growth financing from HSBC Innovation Banking UK. This funding will drive advancements in artificial intelligence (AI) and product expansion, enabling CoachHub to en

Dec 3, 2024
Company News

Workday Appoints Liz Centoni to its Board of Directors

Workday, a leader in enterprise solutions for people and financial management, announced the addition of Liz Centoni, EVP and Chief Customer Experience Officer at Cisco, to its Board of Directors. With over two decades of expertise in drivi

Dec 3, 2024
Earnings

DHI Group Q3 2024 Results: $35.3M Revenue, ClearanceJobs Grows 6% Amid Tech Job Surge

DHI Group , Inc. reported its Q3 2024 financial results, noting a 6% decrease in total revenue year-over-year, while ClearanceJobs showed growth with a 6% increase in revenue. Dice revenue declined by 12%, mirroring overall challenges in bo

Nov 12, 2024
Earnings

Empower Reports Record Q3 Earnings: $264 Million After-Tax Base Earnings, $1.8 Trillion AUA, and 46% Net Asset Growth in Personal Wealth

Empower posted record third-quarter earnings driven by strong market returns, business growth, and increased sales. Year-over-year base earnings surged by 35%, reaching $264 million, while assets under administration rose to $1.8 trillion,

Nov 7, 2024
Company News

ZipRecruiter Resilient Amid Hiring Slowdown with $117.1M Q3 Revenue and Share Repurchase Boost

ZipRecruiter has released its third-quarter 2024 financial results, reporting $117.1 million in revenue but a net loss of $2.6 million. Despite hiring challenges, CEO Ian Siegel reaffirms the company's confidence in the U.S. labor market an

Nov 6, 2024
Company News

Workday and Compa Partner to Revolutionize Compensation with Real-Time Data

Workday and Compa have announced a new partnership aimed at transforming how organizations approach compensation by integrating Compa's real-time market intelligence data into Workday’s platform. This collaboration will empower HR teams to

Nov 4, 2024
Venture Capital

EQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation

EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and

Oct 31, 2024
Company News

Lattice's 2025 State of People Strategy Report: HR at a Crossroads with AI, DEIB, and Manager Engagement

Lattice 's 2025 State of People Strategy Report reveals that HR is at a critical juncture, facing challenges like declining employee engagement, reduced DEIB prioritization, and the slow adoption of AI. The report emphasizes the importance

Oct 29, 2024
Venture Capital

TalentNeuron Acquires HRForecast, Launches First Unified Strategic Workforce Planning Platform

TalentNeuron, backed by Leeds Equity Partners, has acquired HRForecast, a strategic workforce planning and skills management software provider. This acquisition will create the first end-to-end platform integrating internal workforce data w

Oct 24, 2024
Venture Capital

OutSolve Expands Compliance Offerings with Strategic Acquisition of Labor Law Center

OutSolve has acquired Labor Law Center, marking its sixteenth strategic expansion. This acquisition strengthens OutSolve’s comprehensive suite of employment compliance services by adding Labor Law Center's expertise in labor law posters and

Oct 1, 2024
Venture Capital

Wrapbook Secures $20 Million in Funding, Valued at $750 Million: Transforming Production Finance with Innovative Solutions

Wrapbook , a leader in production finance and accounting for the entertainment industry, has secured a $20 million investment from Bessemer Venture Partners, bringing its valuation to $750 million. This investment goes beyond financial grow

Sep 25, 2024
Venture Capital

Empower Acquires OptionTrax to Deliver Integrated Equity Compensation Solutions

Empower , a leading retirement and wealth management provider, has acquired Plan Management Corporation (PMC), the company behind OptionTrax ® , a comprehensive digital equity compensation platform. This acquisition will enhance Empower’s s

Sep 23, 2024
News

UKG Eases Burden on Small HR Team in Managing Complex Payroll, Compliance, and People Practices

UKG Ready® is transforming workforce management at the Associated Students of California State University, Chico, a student-led auxiliary that operates university services like cafeterias and childcare centers. By leveraging the all-in-one

Sep 10, 2024
Venture Capital

finally raises $200M Series B with $50M equity and $150M credit facility

finally , an AI-driven, all-in-one finance and HR suite for small and medium businesses (SMBs), has raised $200 million in Series B funding, consisting of $50 million in equity from PeakSpan Capital and a $150 million credit facility from E

Sep 9, 2024
Venture Capital

Assessio Acquires Wisnio to Redefine Talent Assessment with AI

Assessio International Holding AB has strategically acquired Wisnio, an innovative HR tech provider specializing in talent assessment and development with advanced generative AI technology. This acquisition enhances Assessio's offerings in

Sep 6, 2024
Venture Capital

DirectEmployers Acquires Equality Magazine’s Job Boards to Amplify Job Visibility & DEI Solution

DirectEmployers Association, a leader in OFCCP compliance and recruitment marketing, announced its acquisition of EqualityMagazines.com and its network of diversity-focused job boards, aiming to enhance job visibility and support inclusive

Aug 29, 2024
Venture Capital

Lightcast Acquires Talent Intelligence Provider Stratigens

Lightcast , a leader in global labor market data and analytics, has acquired Stratigens, a UK-based talent intelligence provider known for its data science expertise and innovative analytics. Founded by Alison Ettridge, Stratigens excels in

Aug 27, 2024
Company News

UKG Labs Ecosystem Doubles in Size, Adds Nine New Startups

UKG has announced that its UKG Labs, an in-house global startup ecosystem and virtual laboratory, has expanded to include 20 companies. This program accelerates innovation for the frontline workforce by supporting early-stage companies that

Aug 26, 2024
Company News

Workday Announces Fiscal 2025 Second Quarter Financial Results

Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased

Aug 22, 2024
Venture Capital

CuraLinc Healthcare Secures Strategic Investment to Expand Mental Health Services

CuraLinc Healthcare, a leading provider of workforce mental health and employee assistance programs (EAP), has secured a strategic investment from Lightyear Capital, a New York-based private equity firm. This partnership aims to fuel CuraLi

Aug 12, 2024
Company News

DHI Group’s Q2 2024: Resilient Performance Amid Market Challenges with $35.8M Revenue

DHI Group , Inc. reported its financial results for the second quarter of 2024, revealing a mixed performance. Total revenue was $35.8 million, a 7% decrease year-over-year, with notable differences in segment performance. ClearanceJobs sho

Aug 7, 2024
Company News

Workday Transforms How Companies Hire and Manage Talent with New AI-Powered HR Solutions

Workday has announced the integration of HiredScore AI for Recruiting and Talent Mobility into its platform, aiming to boost recruiter productivity and streamline talent management. These AI enhancements will assist organizations in acceler

Aug 1, 2024
Venture Capital

LightBay Capital Makes Strategic Investment in Questco, a National Leader in Outsourced HR Services

LightBay Capital has made a strategic investment in Questco, a leading professional employer organization (PEO) specializing in outsourced HR services. This partnership aims to support Questco’s growth through direct sales efforts, acquisit

Jul 31, 2024
Product News

Aya Healthcare Introduces LotusOne, a Complete Technology Platform to Manage External Labor and Optimize Employed Talent

Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., has launched LotusOne, a comprehensive workforce optimization platform designed to enhance the management of external labor and the planning, sourcing

Jul 25, 2024
Venture Capital

CultureAI Secures $10M to Transform Human Risk Management in Cybersecurity

CultureAI, a leading Human Risk Management Platform, secured $10 million in Series A funding led by Mercia Ventures and Smedvig Ventures, with continued support from Passion Capital and Senovo. Despite extensive investments in security trai

Jul 19, 2024
Column

News Brief: Workday and SpringHill Debut Trailer of “UNTAPPED” Documentary, Streaming on Netflix This Fall

Workday, Inc., in partnership with The SpringHill Company, has unveiled the trailer for "UNTAPPED: Closing America’s Opportunity Gap." This documentary, produced by LeBron James and Maverick Carter and directed by Josh Kahn, follows six you

Jul 19, 2024
Venture Capital

Benchmark Analytics® Announces Strategic Growth Investment from PSG Equity

Benchmark Analytics , a leading SaaS-based analytics platform focused on improving law enforcement personnel management and officer wellness, has received a strategic growth investment from PSG Equity. This partnership aims to enhance and e

Jul 10, 2024
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