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Product News

HR Signal® Launches Lookalikes™, a Sourcing Platform for Recruiters That Uses AI to Find Better Candidates Instantly and Predict Their Interest in a New Job

HR Signal® has unveiled Lookalikes™, an AI-driven sourcing platform that redefines how recruiters discover and engage talent. By leveraging proprietary technology, Lookalikes™ allows recruiters to build candidate Archetypes, identify top ma

Jan 10, 2025
Venture Capital

HR Path Acquires IntSys Solutions, Strengthening Its Workday Expertise and Expanding Presence in Northern Ireland

HR Path , a global leader in HR consulting and HRIS solutions, has strategically acquired Northern Ireland-based IntSys Solutions, renowned for its Workday expertise and innovative HR services. This acquisition enhances HR Path's Workday ca

Jan 9, 2025
Venture Capital

Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology

Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri

Jan 7, 2025
Venture Capital

Tenor Announces $5.4M Seed Funding to Scale AI for Leadership Development

Tenor , a new player in the HR technology landscape, has emerged from stealth mode with $5.4 million in seed funding led by Base10 Partners. Focused on revolutionizing leadership development, Tenor leverages AI-driven simulations to enhance

Dec 20, 2024
Venture Capital

Deel Acquires Assemble: A New Era in Global Compensation Management

Deel’s acquisition of Assemble marks a significant advancement in global workforce management. By integrating Assemble’s robust compensation management tools into Deel’s platform, businesses can now access a seamless, data-driven solution f

Dec 19, 2024
Company News

Paychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions

Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi

Dec 19, 2024
Venture Capital

ProProfs Acquires HR & Performance Goals Management Software PeopleGoal

ProProfs has acquired   PeopleGoal , a performance management platform known for enhancing employee engagement and productivity. This strategic acquisition broadens ProProfs’ HR solutions suite, integrating tools for goal setting, performan

Nov 25, 2024
Venture Capital

Recruiter.com Acquires bountyJobs to expand total talent solutions

Recruiter.com has acquired BountyJobs , a recruitment marketplace known for connecting employers with third-party recruiters, to strengthen its position as a comprehensive total talent solutions provider. This strategic acquisition enhances

Nov 15, 2024
Earnings

Recruit Holdings Achieves $11.99 Billion Revenue in Q2 FY2024 with 5.4% Growth, Notable Increases in Operating Income and EPS

Recruit Holdings Co., Ltd. reported solid Q2 FY2024 financial results, with revenue reaching ¥1.7987 trillion, a 5.4% year-over-year increase. Adjusted EBITDA grew by 11.9% to ¥367.2 billion, while operating income rose 13.4% to ¥269.7 bill

Nov 11, 2024
Company News

UKG Empowers Hawaiian Airlines’ Frontline Workforce with Mobile-first HR Technology

UKG, a prominent HR technology provider, is enhancing Hawaiian Airlines' HR processes with its mobile-first UKG Pro suite. This partnership, spanning 15 years, allows Hawaiian Airlines’ 7,000 employees—many working outside traditional offic

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
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
Earnings

Randstad Announces Q3 2024 Results, Reports €6.01 Billion in Revenue and Confirms Acquisition of Zorgwerk

Randstad, the world's largest staffing firm, reported a 5.9% organic revenue decline in Q3 2024, amounting to €6.01 billion. Revenue dropped 3.9% year-on-year due to challenging economic conditions across regions, including North America, N

Oct 22, 2024
Venture Capital

HR Path Acquires IN-RGY, Expanding Global Reach and Strengthening Canadian Market Presence

HR Path, a global HR consulting leader, has acquired IN-RGY, a Canadian HR digital transformation firm. This acquisition strengthens HR Path's presence in the Canadian market and aligns with their global expansion strategy, supported by a r

Oct 9, 2024
Product News

Workstream Launches First All-in-One Payroll Solution for the Hourly Workforce

Workstream has launched an all-in-one payroll solution tailored specifically for businesses that employ hourly workers, such as QSR franchisees and restaurants. This new offering addresses critical needs identified in a survey of 250 HR lea

Sep 30, 2024
Venture Capital

Jet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy

Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy

Sep 26, 2024
Product News

ServiceNow Releases New HR Innovations, Empowering Leaders to Fuel Employee and Business Growth

ServiceNow announced its latest HR innovations at the HR Technology Conference, aimed at enhancing employee communications and engagement. The new capabilities include improvements in Talent Development and Employee Journey Management, givi

Sep 25, 2024
Company News

UKG Ready Simplifies Pay, Culture, and People Operations with Enhancements to All-in-One Suite

UKG has expanded its UKG Ready HR Suite with modified versions of three popular applications: UKG Bryte, UKG Great Place To Work Hub, and UKG One View. These tools, previously available only to large enterprises, are now tailored for small

Sep 24, 2024
Product News

ADP Unveils Lyric: The Flexible, Intelligent and Human-Centric Global HR Platform

ADP has launched Lyric HCM , a Human Capital Management (HCM) platform leveraging GenAI to enhance personalized employee experiences on a global scale. Lyric offers a comprehensive solution by combining flexibility, intelligence, and human-

Sep 23, 2024
Venture Capital

TeamBridge Secures $28 Million in Series B Funding to Revolutionize HR Software for Hourly Workers

TeamBridge , an HR tech startup founded by former Uber executives, has secured $28 million in Series B funding, led by Mayfield with participation from General Catalyst and Abstract Ventures, raising its total funding to $41.5 million. This

Sep 16, 2024
Venture Capital

Every Secures $22.5 Million Series A to Redefine HR Tech for Early-Stage Startups

Every.io has raised $22.5M in a Series A round led by Redpoint Ventures, with participation from Y Combinator, Okta Ventures, and Base10 Partners. The company's mission is to help tech founders focus on growth by simplifying and automating

Sep 13, 2024
News

SeekOut Releases Talent Maturity Model to Help HR Teams Address Pressing Talent Challenges

SeekOut has launched its Talent Maturity Model , an innovative assessment designed to help HR teams evaluate their organization's readiness to address talent challenges effectively. By classifying organizations into four phases—Exploring, E

Sep 11, 2024
Company News

SmartRecruiters Appoints Rebecca Carr as Chief Executive Officer

Rebecca Carr has been appointed the new CEO of SmartRecruiters , bringing extensive experience from her decade-long tenure within the company, most recently as Chief Product Officer. She aims to propel the enterprise's talent acquisition te

Aug 27, 2024
Venture Capital

Tilt Raises 15M in Series B to Revolutionize Leave Management Technology

Tilt , a leader in leave management solutions, has successfully raised $15 million in Series B funding led by Bramalea Partners, with contributions from HearstLab, Firework Ventures, Origin Ventures, and Techstars. The funding will enable T

Aug 27, 2024
Product News

The Josh Bersin Company Launches HR Career Navigator: The World's First AI-Powered Development Coach for HR Professionals

The Josh Bersin Company has launched the HR Career Navigator™, the world’s first AI-powered development coach specifically designed for HR professionals. This platform leverages over 25 years of research combined with Eightfold’s Talent Int

Aug 22, 2024
Company News

Paycor’s FY 2024 Results: 19% Revenue Surge Driven by HR Tech Innovation

Paycor announced its financial results for the fourth quarter and fiscal year 2024, showing a 19% increase in total annual revenue, reaching $654.9 million. The company introduced a new Compensation Management solution and expanded its API

Aug 14, 2024
Company News

Recruit Holdings Co., Ltd. Announces Q1 FY2024 Financial Results

Recruit Holdings Co., Ltd. announced its Q1 FY2024 financial results, highlighting significant growth across all key metrics. The company reported a 6.0% increase in revenue, reaching ¥901.56 billion, driven by strong performances in its HR

Aug 8, 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
Company News

UKG Names Jennifer Morgan as Chief Executive Officer

UKG, a leading provider of HR, payroll, workforce management, and culture solutions, has appointed Jennifer Morgan as its new CEO. Morgan, a former Co-CEO of SAP and a member of UKG's Board of Directors since 2021, succeeds Chris Todd, who

Jul 29, 2024
Product News

ClearCompany Unveils Virtual Recruiter, an AI-Powered Chatbot Assistant for HR

ClearCompany has unveiled its latest innovation, the Virtual Recruiter, an AI-powered chatbot designed to enhance candidate engagement and recruitment efficiency. Available 24/7, the Virtual Recruiter assists job seekers with applications,

Jul 11, 2024
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