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Venture Capital

Kahuna 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

Nov 29, 2023
Venture Capital

Every.io Emerges with $9.5M Funding: A One-Stop Solution for Startup HR and Finance

Every.io, an innovative all-in-one back office stack for startups, has emerged from stealth with a significant milestone: securing $9.5 million in seed funding. The funding round, led by Base10 Partners, with contributions from Y Combinator

Nov 28, 2023
Company News

Workday Announces Fiscal 2024 Third Quarter Financial Results

·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of   $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C

Nov 28, 2023
Venture Capital

Goldman Sachs Leads $45M Investment in Candex for Asian Market Expansion

Candex , a leading player in the procurement management industry, has recently garnered a significant $45 million in Series B funding, primarily led by Goldman Sachs. This investment, boosting Candex's total capital to $85 million, is earma

Nov 28, 2023
HotNews

AI Jobs Soar, Traditional Roles Hold Strong: Insights from Wahojobs' Year-Long Study

A year after ChatGPT's launch, a Wahojobs study explores changes in job seeker behavior towards traditional remote roles amidst fears of AI-induced job losses and the need for upskilling. The study, using Google Trends, analyzes changes in

Nov 28, 2023
Venture Capital

Vimcal Secures $4.5 Million for Cutting-Edge Calendar Expansion: A New Era in Scheduling

Vimcal, a Y Combinator-backed calendar app, recently raised $4.5 million in a seed round led by Altos Ventures, focusing on expanding its team and enterprise offerings. Founded by CEO John Li, Vimcal has enhanced its iOS app and Outlook int

Nov 28, 2023
Venture Capital

Alto Neuroscience Secures $45M in Game-Changing Series C Round for Mental Health Breakthroughs

– New investors include InVivium Capital, Franklin Templeton, Point72, Eli Lilly and Company, and Alexandria Venture Investments – – Funds will be used to support ongoing and planned late-stage clinical development of CNS product candidates

Nov 21, 2023
Company News

Jeff 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

Nov 20, 2023
Venture Capital

French Startup Indy Clinches $44 Million in Series-C to Streamline Tax and Paperwork for Freelancers

Indy, a leading provider of an all-in-one application for independents, has successfully raised 40 million euros in a Series-C funding round led by BlackFin Capital Partners, La Maison, and iXO. This significant investment will enhance Indy

Nov 20, 2023
Venture Capital

Aya 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

Nov 20, 2023
Company News

Global Coffee Giant Transforms Store Staffing, Increases Efficiency by 65% with AI-Powered UKG Technology

Costa Coffee, a renowned global coffee chain, has significantly enhanced its store staffing efficiency by 65% through the adoption of UKG's AI-powered technology. This strategic move allows Costa Coffee to optimize labor allocation and make

Nov 17, 2023
Product News

X.com Launches Job Search Functionality, Intensifying Investment in Recruitment Field

X.com(Twitter) has officially entered the recruitment space with the launch of its job search tool, signalling a potential shakeup for the industry. Initially rolled out in August to a select group of users, this LinkedIn-esque feature is n

Nov 17, 2023
Venture Capital

Inclusively'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

Nov 17, 2023
Venture Capital

Omaha's Workshop Secures $12M: A New Era for Internal Communication

Redefining Internal Communication: Workshop 's $12M Series A Triumph" In an era where effective internal communication is pivotal, Workshop, an Omaha-based startup, has emerged as a game-changer. Securing a significant $12 million in Series

Nov 17, 2023
Product News

Remote Talent: Revolutionizing the Way We Connect with Global Workforces

Remote, a leader in managing globally distributed workforces, has launched a new marketplace, Remote Talent, to bridge the gap between employers and job seekers. Integrated with Remote’s global HR platform, this marketplace caters to both r

Nov 15, 2023
Company News

3 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

Nov 14, 2023
Product News

ADP and Convera Announce Strategic Collaboration Offering End-to-End Payroll and Payments Solutions

ADP, a global leader in human capital management solutions, and Convera, a prominent B2B payments Fintech, announced a strategic collaboration on November 14, 2023. This partnership aims to provide ADP clients with a comprehensive end-to-en

Nov 14, 2023
Company News

UKG Aspire 2023: Caring for Your People Leads to Better Business Outcomes

Every person deserves to work at a great workplace. That was the resounding message this week at UKG Aspire in Las Vegas, where more than 5,000 UKG customers, partners, employees, and HR industry thought leaders and influencers gathered to

Nov 13, 2023
Venture Capital

Engagedly's Strategic Takeover of theEMPLOYEEapp Enhances Deskless Workforce Connectivity and Growth

Engagedly has strategically acquired theEMPLOYEEapp to revolutionize how companies communicate with their deskless workers. By harnessing AI-powered talent management, this move aims to streamline internal communications, bolster remote eng

Nov 9, 2023
Earnings

Fiverr Announces Third Quarter 2023 Results

Delivered strong results for Q3’23.  Our focus and execution across our core marketplace and Fiverr Business Solutions allowed us to deliver revenue and Adjusted EBITDA at the high end of our guidance. Improving Adjusted EBITDA margins for

Nov 9, 2023
Earnings

ZipRecruiter Announces Third Quarter 2023 Results

Quarterly revenue of $155.6 million Net income of $24.1 million, or net income margin of 15% Adjusted EBITDA of $54.4 million, or Adjusted EBITDA margin of 35% SANTA MONICA, Calif.  ZipRecruiter ® , a leading online employment marketplace,

Nov 8, 2023
Venture Capital

EarnBetter's AI Revolution: Landing $4.5 Million to Transform Job Searches

EarnBetter , a pioneering AI technology company, announces the launch of its AI job search assistant alongside securing a $4.5 million seed round investment. The platform, backed by prominent investors like Andreessen Horowitz, revolutioniz

Nov 8, 2023
Earnings

Sterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy

NDEPENDENCE, Ohio, Nov. 08, 2023  Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi

Nov 8, 2023
Venture Capital

Enable Powers Up with $120M Series D Funding to Revolutionize Rebate Management

Enable has secured a substantial $120M in Series D funding, placing its valuation at $1.12B, as it continues to revolutionize rebate management in the global supply chain. Emphasizing the simplicity and strategic importance of rebates, Enab

Nov 7, 2023
Product News

SilkRoad Evolves to Rival: A New Era in AI-Driven Talent Acquisition

SilkRoad Technology has rebranded to Rival, launching Rival Recruit, an AI-powered talent acquisition suite with over 700M passive candidates. This suite enables efficient collaboration for hiring teams, offering features like analytics, AI

Nov 7, 2023
Product News

Salary.com Acquires CompXL, The Enterprise Compensation Planning Leader

Salary.com, a leading provider of compensation management software and data solutions, has expanded its offerings by acquiring HCR Software. This move integrates CompXL's incentive compensation planning software into Salary.com's existing s

Nov 7, 2023
Venture Capital

SA recruiting startup JOBJACK raised $2.5 M to support initiatives to reduce unemployment

South African recruitment startup JOBJACK has raised ZAR45 million (US$2.5 million) in pre-Series A funding to help it change the narrative of entry-level recruitment in the country. Founded in 2018 by Christiaan van den Berg and Heine Bell

Nov 7, 2023
Product News

EchoSpan Secures $25.7 Million Jury Award in Trade Secret Theft Lawsuit Against Rival Medallia

On November 1, 2023, following an extensive legal battle, a jury in the United States District Court for the Northern District of California found Medallia liable for trade secret misappropriation against EchoSpan, a leading provider of emp

Nov 3, 2023
Earnings

Paylocity Announces First Quarter Fiscal Year 2024 Financial Results

Q 1   2024  Recurring & Other Revenue of  $291.7  million,  up   19%  year-over-year Q 1   2024  Total Revenue of  $317.6  million,  up   25%  year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 Paylocity Holding Corporation (Nasdaq: PCTY), a le

Nov 3, 2023
Venture Capital

Empowering the Workforce: Nowsta's $35M Series C to Transform Contingent Hiring

Nowsta, a leading technology firm shaping the gig workforce's operating systems, has announced a substantial $35 million in Series C funding. This financial boost is in stride with the unveiling of Nowsta Staffing Labs, a groundbreaking ini

Nov 3, 2023
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