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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Empowering the Workforce: weavix Raises $23.6M in Series B for AI-Enhanced Worker Connectivity
weavix , a Wichita-based technology firm, has announced a significant milestone in its growth journey by securing $23.6 million in Series B funding. This investment round, led by global software investor Insight Partners, with contributions
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 NewsFlexJobs Announces Top 100 Companies to Watch for Remote Jobs in 2024
The FlexJobs 2024 report highlights the top 100 companies leading in remote job opportunities. Emphasizing the continued growth and appeal of telecommuting, this comprehensive list showcases companies across diverse industries. It reflects
Venture CapitalTuMeke Secures $10M in Series A from Intel Capital: Revolutionizing Ergonomic Safety in Manufacturing
TuMeke , an innovative company combining AI and ergonomics for workplace safety, recently secured $10M in Series A funding led by Intel Capital. The funds will support the expansion of TuMeke's expert team, dedicated to revolutionizing inju
Product NewsADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%
ROSELAND, N.J. , Dec. 6, 2023 Private sector employment increased by 103,000 jobs in November and annual pay was up 5.6 percent year-over-year, according to the November ADP ® National Employment Report™ produced by the ADP Research In
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
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
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
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
Venture CapitalEspresa Raises $23 Million Series A Funding to Transform Personal Benefits for Global Workplaces
Espresa has successfully secured $23 million in Series A funding led by Clear Ventures, marking a significant milestone in the HR tech space. The funding aims to accelerate the expansion of Espresa's LSA Plus™ platform, a revolutionary pers
Company NewsKelly Launches Recruitment Platform for AI and Automation Talent
Kelly has just launched Kelly Arc, an innovative online recruitment platform tailored for AI-powered automation roles. Tackling the talent gap in AI and automation, this platform is a game-changer. With AI-based matching and personalized re
Company NewsHow WilsonHCG's Outbound Recruiting Strategy Tripled Candidate Response Rates and Reduced Tool Spend
WilsonHCG's Outbound Recruiting Strategy tripled candidates' response rates and reduce tool spending with hireEZ. Find out how hireEZ helps. Read on. Outbound Recruiting Highlights in 2022 More than 2.2 million candidates qualified throug
Venture CapitalTransfr Secures $40 Million in Series C Funding to Revolutionize VR Workforce Training
Transfr, a New York-based startup, has raised $40 million in a Series C funding round to expand its VR-based workforce training platform. The funding will be used to scale the platform, develop new training simulations, and expand its langu
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
Venture CapitalSales Commission Startup Performio Scores $13M Funding Round
Performio, a West Hollywood, CA-based incentive compensation software company, raised $13 million in growth capital financing. IRVINE, Calif. , June 14, 2022 Performio , a leading enterprise-grade sales commission software solution provi
Venture CapitalSailes Secures $5.1M Series A Funding to Automate Sales Prospecting with AI
Sailes , the AI startup revolutionizing sales prospecting with its patent-pending Sailebots, has secured $5.1M in a Series A round led by Lewis & Clark Ventures. This funding propels Sailes to new heights in automating sales activities. Sai
Company NewsPaychex Announces Efrain Rivera Plans to Retire as CFO
ROCHESTER, N.Y.-- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced today that Efrain Rivera, senior vice president and chi
Venture CapitalTeamSense Secures $4 Million in Funding to Revolutionize Communication for Hourly Manufacturing Workers
TeamSense, a Seattle-based company that has developed an app-free platform for hourly employees in the manufacturing sector. The platform allows these "deskless" workers, who make up 70-80% of the global workforce, to manage attendance, com
EarningsHireQuest Reports Financial Results for Second Quarter 2023 with 25.3% YoY Increase in Total Revenue
GOOSE CREEK, SC -- August 10, 2023 -- HireQuest, Inc. (Nasdaq:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, reported financial results for the second quarter ended June 30, 2023. Rick H
Venture CapitalTERRA Staffing Group Expands to the Midwest with Acquisition of ASG Staffing
Everett, WA — TERRA Staffing Group ("TERRA"), an award-winning staffing firm headquarterd in the Pacific Northwest, is pleased to announce the acquisition of ASG Staffing, Inc. (“ASG”). TERRA is backed by Hastings Equity Partners (“Hastin
Venture CapitalGoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million
NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource
Product NewsGoHappy, the Fast-Growing Frontline Employee Engagement Platform, Expands Operations to Canada
RICHMOND, Va. goHappy , America’s leading provider of frontline employee engagement solutions, is excited to announce its expansion into Canada. With its unique platform and commitment to fostering more engaged and connected frontline wor
Venture CapitalTandym Group Acquires AETEA Information Technology
NEW YORK , June 21, 2023 -- Tandym Group ("Tandym"), a national consulting, recruitment, and workforce solutions company, announced today that it has acquired AETEA Information Technology ("AETEA"), a technology staffing company. Terms of
Venture CapitalPLOT Raises $2Million To Help Coordinate Jobsites
WICHITA, Kan. , June 5, 2023 -- Less than a year after its product hit the market, PLOT Communications, Inc. , a SaaS management platform for construction jobsites, has announced just over $2M in fresh funding to continue its mission to
NewsDISYS & Signature Consultants Announce New Unified Brand & Integrated Delivery Platform, Launching Dexian
New brand represents the $1.3 billion global firm with expanded services, capabilities, and scale to deliver solutions for the future of work MCLEAN, VA – Digital Intelligence Systems (DISYS) and Signature Consultants today announced t
Venture CapitalINSPYR Solutions Announces Acquisition of Ntelicor to Expand Consulting and Solutions Services
May 18, 2023 INSPYR Solutions (the “Company”), a leading IT staffing and technology solutions firm, announced today that it has acquired Ntelicor, LLC (“Ntelicor”), an IT staffing and solutions company. This acquisition will strengthen INS
Venture CapitalServiceNow looks to Acquire Artificial Intelligence Powered Platform G2K to Transform Retail and Beyond
May 12, 2023/-- ServiceNow , the leading digital workflow company making the world work better for everyone, today announced it has signed an agreement to acquire artificial intelligence (AI) powered platform G2K to transform retail and o
EarningsKelly Reports First-Quarter 2023 Earnings
Q1 revenue down 2.2%; down 1.4% in constant currency; organic revenue nearly flat (down 0.5% in constant currency) Q1 gross profit down 1.7%; down 0.8% in constant currency; delivered continued improvement in GP rate, 20.0%, up 10 bps year-
Venture CapitalA SaaS-based Connected Worker Platform Innovapptive Raises an Undisclosed Amount in Series B Funding
Innovapptive , a Houston, TX-based provider of a SaaS-based connected worker platform, raised an undisclosed amount in Series B funding. The round was led by Vista Equity Partners , with participation from existing investor Tiger Global Man
Venture CapitalLMS365 Raises $20 Million to Enhance Employee Training through Microsoft Integration
LMS365 , a Danish online learning management system (LMS) designed for seamless integration with Microsoft products, has secured $20 million in its first institutional funding round. The platform, which is utilized by companies such as logi
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