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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Magnit Announces Skills-Based Advisory Services To Redefine Approach To Talent Sourcing And Retention
Magnit , the industry-leading Integrated Workforce Management (IWM) platform provider, today announced that it has added new skills-based advisory services to its flagship platform to support a more strategic approach to hiring that focuses
Company NewsWorkWhile And Marqeta Announce Partnership On New Card Solution To Offer Accelerated Wage Access For WorkWhile Workers
Marqeta , the global modern card issuing platform, announced that it has been selected by WorkWhile to power accelerated wage access to its workers. Through a debit card, WorkWhile workers can access their wages as soon as their shift hour
Company NewsPeopleGrove Launches New Job Network for College Students
Job Connections boosts colleges’ and universities’ ability to amplify networking opportunities within job postings, maximizing job seeker success by leveraging the #1 way jobs are earned — who they know . SAN FRANCISCO – – PeopleGrove , hig
ColumnScottsdale-based Paradox Launches Industry-First Conversational ATS for High-Volume Hiring
SCOTTSDALE, Ariz. — (March 22, 2023) — Paradox , the conversational hiring software helping global employers like Unilever , Nestle , L’Oreal , CVS Health , and General Motors transform hiring with automation that gets recruiting work done
NewsA Majority Stake in Fusion Healthcare Staffing Acquired by Chicago-based Waud Capital Partners
Waud Capital Partners (Waud Capital), in partnership with experienced healthcare executives Bales Nelson and Allen Dye, today announced the establishment of a new platform company, Fusion Health . Fusion Health will provide clinical staffin
Venture CapitalBoston-based Torc acquires Codealike to empower software developers with data to advance skills and careers
Free Coding Performance Application Improves Software Community Skills and Job Opportunities, Quantifies Enterprise Value of Remote Talent BOSTON – Mar. 23, 2023 – Torc , the nearshore intelligent talent network connecting quality remote d
Venture CapitalToronto-based System-3 Raises CAD$3.6M in Seed Funding to Help Enhance its Software for Selecting Leadership Candidates
TORONTO – February 22,2023 – System-3 , a startup that empowers companies to objectively identify and evaluate current and emerging leadership talent, today announced it has raised CAD$3.6 million in seed funding. The investment was led by
Venture CapitalIndiana-based Elwood Acquires NAOS Staffing in Third Deal of the Year
Elwood Staffing , a Columbus, Indiana-based staffing firm, announced today its acquisition of Georgia-based NAOS Staffing, a regional provider of on-site contingent staffing and workforce management solutions. It’s the third buy this year f
Venture CapitalWorkera closes $23.5m Series B financing, establishing itself as a leader in Skills Intelligence
PALO ALTO, Calif. , March 23, 2023 / -- Workera , an industry-leading skills intelligence platform, announced today that it has closed a $23.5m Series B financing led by Jump Capital with participation from existing investors NEA , O
Company NewsIndeed, an American worldwide employment website, Lays Off 2,200 Workers Globally
MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo
Company NewsAll Star Healthcare Solutions Welcomes Divisional VP, Human Resources
March 23, 2023 / -- All Star Healthcare Solutions , a full-service healthcare staffing firm specializing in locum tenens and direct-hire opportunities for physicians and advanced practice providers, welcomes Lisa Sharoni , SHRM-CP , as Div
Venture CapitalGermany-based zvoove Group Acquires ProSolution to further expand its portfolio by adding horizontal SaaS solutions
zvoove Group expands portfolio and underlines its status as the leading SaaS provider of personnel services software in Europe Lohne/Schaanwald (Liechtenstein), 02 March 2023 - The zvoove Group, the market-leading provider of software for
Company NewsKanarys And MAC Diversity Recruiters Partner To Advance DEIB Efforts In The Workplace
MARCH 22,2023/-- Kanarys , a diversity, equity, inclusion, and belonging (DEIB) technology company focused on providing the tools organizations need to create systemic change around DEIB challenges, and MAC Diversity Recruiters , a boutiqu
WellbeingPaychex Charitable Foundation to Donate $1 Million to Mental Health America
ROCHESTER, N.Y. , March 22, 2023 -- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that Mental Health America
Venture CapitalA San Francisco, CA-based provider Clerk raised $15M in Series A funding led by Madrona for React authentication and user management
MARCH 22,2023/-- Clerk , a San Francisco, CA-based provider of a drop-in authentication and user management solution for React, raised $15M in Series A funding. The round was led by Madrona, whose managing director Karan Mehandru joined the
Venture CapitalGable Raises $16 Million to Help Remote Employees Work Together
SAN FRANCISCO , Feb. 28, 2023 -- Gable , the startup that helps distributed companies manage office space for their workforce, today announced a $16M funding. On Gable's portal, employees can see where their coworkers are working that da
Product NewsGravie Secures $179 Million Financing to Expand Innovative Health Benefits Plans for SMEs
MINNEAPOLIS , March 21, 2023 -- Gravie, one of the fastest growing employer health benefits companies in the United States , announced today that General Atlantic, a leading global growth equity investor, will anchor a $179 million equit
Product NewsHireology Announces New AI Assistant, Becoming the First ATS to Harness the Power of ChatGPT
CHICAGO, March 21, 2023 -- Hireology , the leading provider of all-in-one hiring and HR software, today announces Beaker, its AI-powered recruiting assistant. The tool can generate high-quality job descriptions in a matter of seconds, empo
Product NewsPaylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software
Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise SCHAUMBURG, Ill., March 21, 2023 -- Paylocity (NASDAQ: PCTY) today announced AI Assis
Company NewsWorkhuman Announces 10% Global Workforce Reduction Amid Business Realignment
Workhuman, a leading employee engagement and recognition platform, has announced a difficult decision to reduce its global workforce by approximately 10% in order to realign its investments, balance growth and profitability, and address the
Venture CapitalSan Francisco-based Upduo Secures $4 Million in Seed to Help Teams Leverage Peer-to-peer Learning
SAN FRANCISCO-- Upduo , the peer-to-peer learning platform for data-driven teams, today announces that it has raised $4 million in seed capital. The funding round was led by Impact Venture Capital with participation from Sky9 Capital and an
HR TechnologyMicrosoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots to help enhance its HCM
The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings The deal will also enable ZingHR to increase the efficie
Venture CapitalRippling Attracts $500M Series E Investment from Greenoaks, Upholding $11.25 Billion Valuation Seen in Previous Round
Rippling raises $500M in Series E financing Rippling has raised $500M in a round led by Greenoaks. The round values the company at $11.25 billion, the same as the company’s Series D financing in May 2022. This was an unusual round, raised i
AcquisitionKarat Acquires Triplebyte's Technical Assessment Product
SEATTLE, WA – Karat , the world’s largest interviewing company, today announced the acquisition of Triplebyte ’s technical assessment product and team. The acquisition adds a unique top-of-funnel, skills-based assessment to Karat’s suite
Venture CapitalRiseKit raises $4.75M for recruiting diverse talent, empowering marginalized communities with job opportunities
MARCH 15, 2013/-- RiseKit , a US-based startup looking to change the way enterprises source diverse talent from community organizations, recently raised $4.75 million in funding. The failure of Silicon Valley Bank (SVB) has rocked markets a
Company NewsWrapbook Update: Our Response to Collapse of Silicon Valley Bank
Background: The bankruptcy of Silicon Valley Bank has had a widespread impact, particularly on companies that provide payroll services for employees. We have seen a number of companies issuing announcements and updates regarding the situat
Venture CapitalWith $6M from Greylock & Susa Ventures, HeadRace Launches to Democratize the Recruiting Industry
HeadRace is building the world’s largest network of boutique recruiters - making hiring faster, more transparent, and more cost-effective for employers. AUSTIN, Texas-- HeadRace , a recruiting platform, announced today that it raised $6M in
EarningsDocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products
DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO , March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce
Venture CapitalMentorcliQ receives $80M investment to enhance enterprise mentorship and inclusive culture.
COLUMBUS, Ohio– MentorcliQ , a leader in employee mentoring software, today announced a strategic growth investment of over $80 million from PSG, a leading growth equity firm partnering with software and technology-enabled services companie
Venture CapitalToronto-based Barley Secures $4M Seed Funding to Build Data-Driven Compensation Management Platform
Barley's HR software builds trust between employers and employees through informed and equitable compensation management TORONTO , March 8, 2023 Barley, a compensation management platform that makes it easy for companies to structure,
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