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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Gable 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
Venture CapitalRain Instant Pay Closes Historic Funding, $116M Total in Series A
Rain , a provider of financial wellness products that empower and engage employees, announced today that it raised $116 million, encompassing $66 million in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A wit
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 NewsBeisen, China's Leading Cloud HCM Provider, Passes HKEX Hearing, Preparing for Main Board Listing
March 20, 2023 - Beisen Holding Limited ("Beisen"), a Beijing-based company, announced that it has successfully passed its listing hearing on the Hong Kong Stock Exchange (HKEX). Following the hearing, the company unveiled its prospectus 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
OpinionRippling's Swift Crisis Management: A Lesson in Resilience and the Importance of Reliable Partners
In the ever-evolving world of business, a company's ability to adapt and overcome challenges is crucial for long-term success. Recently, Rippling, a workforce management company, found itself in the midst of a financial crisis when Silicon
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
Venture CapitalWingspan Secures $14 Million in Series A Funding to Boost Payroll and Benefits Platform for Flexible Workforce
NEW YORK, March 16, 2023-- Wingspan , a leading payroll and benefits platform specifically designed for flexible workforces, announced today that it has secured $14 million in Series A funding. This latest round, led by Andreessen Horowitz,
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
Company NewsHireQuest Reports Financial Results for Fourth Quarter 2022
Q4 2022 Royalty Revenue Grows 26.4% YoY to $7.7 million Q4 2022 Net Income from Continuing Operations Increases 21.0% YoY to $2.6 million GOOSE CREEK, SC / ACCESSWIRE / March 16, 2023 / HireQuest, Inc. (Nasdaq:HQI), a national franchisor o
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 NewsWorkday:How AI and ML Are Powering the Future of Work
At Workday, we’ve embedded AI and ML into the very core of our platform—delivering unrivaled business adaptability and competitive advantage to our customers. Here’s how. Workday has long believed that artificial intelligence (AI) and machi
Venture CapitalAG5 raises €6 million from Headline, Peak to save the manufacturing industry from Excel
AMSTERDAM , March 14, 2023 / -- AG5 , the SaaS platform used to map and track employees' skills and qualifications, has raised €6 million in a new round of investment. Last year, the company received €1.2 million from tech investor Peak. S
Company NewsCoachHub Showcases Coaching Effectiveness with its Advanced Insights Hub
New York, March 14, 2023 – CoachHub , the leading global digital coaching platform, reveals today its latest innovation in coaching program analytics, CoachHub Insights™. Available exclusively to CoachHub clients, these enhanced dashboard
Company NewsUpdates on the Impact of Silicon Valley Bank's Bankruptcy on Payroll Service Providers
Update: The Fed just approved full protection of all depositors! Everyone will have full access to all of their money starting tomorrow, March 13th. The bankruptcy of Silicon Valley Bank has had a widespread impact, particularly on companie
Company NewsRippling calls on FDIC to release payments due to hundreds of thousands of everyday Americans
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 situati
Company NewsGusto Payroll Processing is Not Impacted by the Silicon Valley Bank Situation
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 situati
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
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 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,
Company NewsKorn Ferry Announces Third Quarter Fiscal 2023 Results of Operations
Korn Ferry reports fee revenue of $680.8 million in Q3 FY’23, essentially flat (increase of 4% at constant currency) from Q3 FY’22. Net income and adjusted net income attributable to Korn Ferry were $11.2 million and $53.0 million in Q3 FY’
Venture CapitalFount Global Raises $8M in Series A Funding to Tackle Employee Disengagement and Boost Productivity"
The SaaS provider more than doubled ARR and added 10 new enterprise customers in 2022. The additional funding will be used to launch new features targeting key talent segments and further advance the product and technology infrastructure. W
Product NewsThe Josh Bersin Company's Irresistible 2023 Conference Announces Impressive Speaker Line-Up and Agenda for Global HR Leaders
Executives from Moderna, Rivian, Mastercard, Tyson Foods, and Liberty Mutual Insurance among keynote speakers and session hosts at this year's event at USC , Los Angeles , June 20-22 "TED Talk" style learning sessions, panel discussions,
Company NewsADP National Employment Report: Private Sector Employment Increased by 242,000 Jobs in February; Annual Pay was Up 7.2%
Private sector employment increased by 242,000 jobs in February and annual pay was up 7.2 percent year-over-year, according to the February ADP ® National Employment Report TM produced by the ADP Research Institute ® in collaboration wi
Venture CapitalGlider AI secures $10M Series A funding to help enterprises shift to skills-based hiring and guarantee candidate fit.
CUPERTINO, Calif.– Glider AI , a Skill Intelligence Platform, closed a total of $10M in Series A funding from Primera Capital and other industry leaders. Recognized by Staffing Industry Analysts (SIA) as the most innovative HR technology,
Company NewsLattice Launches People Strategy Group to Advise HR Leaders and Executives on Designing People Programs that Drive Business Success
The People Strategy Group will help businesses meet the most critical challenges in the workplace by designing people strategies that drive high-performing teams to achieve business success. SAN FRANCISCO , March 7, 2023 / -- Lattice, the
Company NewsPaychex Wins 2023 Stevie Award for ERTC Service
Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has won a bronze Stevie ® Awardfor the company’s Employee Retention Tax Credit (ER
Company NewsPapaya Global Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023
TEL AVIV, Israel , March 2, 2023 -- Papaya Global , the SaaS fintech company providing global payroll and payments technology, has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2023. T
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