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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300The Adecco Group: Q4 & FULL YEAR 2023 RESULTS
In 2023, Adecco Group demonstrated strategic resilience, achieving a 3% organic revenue growth amidst challenging conditions, culminating in a record €23,957 million annual revenue. The fourth quarter showed notable performance with a 1% or
Product NewsSourceNow announces the launch of SourceNow VMS: The Evolutionary Breakthrough Transforming Temporary Staff Management
SourceNow has launched a groundbreaking Vendor Management System (VMS), SourceNow VMS, designed to revolutionize temporary staff management. This comprehensive ecosystem aims to address the challenges of traditional temporary staffing metho
Venture CapitalTARA Mind Secures $8M for Groundbreaking Mental Health Revolution
TARA Mind, a revolutionary public benefit corporation co-founded by former Navy SEAL Marcus Capone, has secured an impressive $8 million in seed funding. This investment, led by Satori Neuro, supports TARA Mind's innovative approach to ment
Venture CapitalVestwell's Series D Success: Paving the Future of Fintech with $125 Million
Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major
Product NewsAon’s $13.4 Billion Gamble: Acquiring NFP to Dominate the Middle Market
Expands Aon's presence in large and fast-growing middle-market segment, with opportunity to enhance distribution through the firm's Aon Business Services platform to deliver more value to clients Brings together two cultures with a shared c
Venture CapitalSalt Labs Raises Additional $8M to Bring Loyalty Earned Assets to the Workforce
Third Prime invests $8 million in Salt Labs, bringing the total amount raised by the company to $18 million in less than a year NEW YORK , Dec. 19, 2023 Salt Labs , a loyalty and financial technology company that bridges the gap be
Company NewsMajority of Hourly Workers Unconcerned About AI Replacing Their Jobs
The 5th Annual Branch Report reveals insights into the perspectives of hourly workers regarding AI's impact on job security. Contrary to popular belief, a significant number of these workers are not worried about AI replacing their jobs. Th
Product NewsCheckr's Strategic Expansion: Launching Pay and Onboard for Enhanced Flexible Workforce Management Beyond Background Checks
Checkr, a leading HR technology company, has announced a significant expansion with the introduction of Checkr Pay and Checkr Onboard. These innovative solutions are designed to streamline payment and onboarding processes for the rapidly gr
Venture CapitalMedefy Health Clinches $10M Series A to Revolutionize Healthcare Navigation
Medefy Health , a trailblazer in mobile-first healthcare benefits navigation, has secured a significant $10 million in Series A funding. This investment, spearheaded by Mercury Fund and Advantage Capital, is set to bolster Medefy's AI and t
Venture CapitalAya Healthcare's Game-Changing Move: Acquiring AI-Powered Winnow for Enhanced Physician Recruitment
Aya Healthcare , a leader in healthcare talent solutions, has acquired Winnow AI, an innovative data science platform designed to enhance physician recruitment strategies. Amid a critical provider shortage, this acquisition strategically po
Venture CapitalInclusively's Game-Changing $13M Series A Funding for Workplace Revolution
In a groundbreaking move, Inclusively has raised $13 million in Series A funding to enhance its revolutionary workplace personalization tool, Retain. Designed to address the diverse and evolving needs of modern employees, Retain integrates
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 CapitalSan Diego-based Payroll Integrations Secures $20M in Series A: A Deep Dive into the Future of Employee Financial Wellness
San Diego-based startup, Payroll Integrations, has successfully raised $20 million in a Series A funding round. The company, founded by Doug Sabella and Andrew Hallengren, specializes in providing a unique integration platform-as-a-service
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 CapitalFinancial Wellbeing Startup Mintago Closes $4.75m Funding Round
Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK. Founded in 2019 by Chieu Cao, the former co-founder and CMO of Perkbox, Mintago helps empl
Company NewsInternal Hiring Boosts Retention and Saves Money, Yet Has Slumped Post Pandemic, The Josh Bersin Company Finds
Internal mobility initiatives and hiring processes rose in popularity during the pandemic to become a source of innovation , employee retention, a core driver of company culture, and broad savings But the focus on internal recruitment has w
EarningsKelly Reports Second-Quarter 2023 Earnings, Substantial Progress on Business Transformation
TROY, Mich., Aug. 10, 2023 -- Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, announced results for the second quarter of 2023. Peter Quigley, president and chief executive officer, announced revenue for
Product NewsKohlberg & Company, LLC announced a strategic partnership with Engage PEO: Acquire a Majority Stake
MOUNT KISCO, N.Y. & NEW YORK– Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions
EarningsThe Adecco Group Releases Q2 2023 Results with Strong Revenue Growth
Zurich, Aug. 3, 2023 -- The Adecco Group , one of the world’s largest staffing and HR solutions experts, announced financial results for the second quarter ended June 30, 2023. Financial Highlights Revenues +4% yoy organic TDA; excellent pe
Venture CapitalAxuall Raises Series B-1 from Frist Cressey Ventures Which Backs Its Rapid Expansion
CLEVELAND, August 2, 2023 -- Axuall has announced the addition of First Cressey Ventures to its investor family with a Series B-1 investment following the company’s Series B funding in May 2023. Axuall has raised over $41 million from a com
Venture CapitalThe Largest Healthcare Talent Software and Staffing Company in the U.S. Aya Healthcare Acquires Polaris AI
San Diego, CA — Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., today announced its acquisition of Polaris AI , a machine learning platform that predicts future patient volume and staffing levels in
Venture CapitalGushwork.ai Secures $2.1M in Pre-Seed Funding to Reinvent Business Process Outsourcing
Gushwork.ai, an AI-powered platform designed to help enterprises outsource complex operational workflows, has secured $2.1M in pre-seed funding. The round was led by Lightspeed and saw participation from B Capital, Sparrow Capital, Seaborne
Company NewsWorkday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning
PLEASANTON, Calif. , July 11, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the
Venture CapitalClair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day
July 6, 2023 – Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th
Venture CapitalAya Healthcare Acquires Flexwise Health to Amplify Workforce Optimization Capacity and Cost Savings through Predictive Analytics
Aya Healthcare Acquires Flexwise Health, Amplifying Workforce Optimization Capacity and Cost Savings through Predictive Analytics SAN DIEGO, CA (June 13, 2023) -- Aya Healthcare , the largest healthcare talent software and staffing company
Venture CapitalOrigin acquires Finny to Fill a Critical Gap in Workplace Financial Education
Acquisition will help Origin users improve global financial literacy and debt management with more complete toolkit for smarter financial planning BOSTON, June 05, 2023 -- Origin , the startup reimagining financial wellness in the workplace
Venture CapitalOfficeSpace Software Acquires Visitor Management Platform Greetly
OfficeSpace Software acquires visitor management platform Greetly to provide new insights about hybrid office use. The leading workplace management platform enables data-driven decision-making about space utilization, real estate strategy,
AcquisitionGlobal employee engagement platform, Reward Gateway acquired by worldwide leader in Employee Benefits, Edenred, for £1.15 bn
LONDON , May 16, 2023 -- Global employee engagement company, Reward Gateway has been acquired by the world's leading platform for people at work, Edenred for £1.15 bn from funds managed by Abry Partners and Castik Capital. Together Ede
NewsReejig Launches World’s First AI-driven Work Ontology™
Today at the UNLEASH America conference, Reejig , the global leader in workforce intelligence, announced its new Work Ontology™, which unbundles traditional job architectures to atomized components such as skills required, tasks and task ad
Venture CapitalAn AI-powered Recruitment Software Startup Engin Sciences Raises $2.5M in Seed Funding
Innovative recruitment software startup targets America's fastest-growing industry: cannabis NEW YORK, April 06, 2023 -- Engin Sciences Inc. ("engin"), an AI-powered recruitment software startup, today announced a $2.5 million seed funding
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