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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300New Research: Cloud-Based HCM Can Redefine Employee Experience
We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT sy
OpinionIs Rehiring the New Hiring Strategy? Boomerang Employees Say Yes
The resignation wave caused talent shortages and internal upheaval in organizations for the past two years. In response, many organizations had to replace lost talent by hiring external talent fast and at volume to enable post-pandemic r
Venture CapitalRemote Talent Platform Revelo Acquires Mexico’s Largest Tech Talent Marketplace Listopro
With the acquisition of Listopro, Revelo, already the largest platform for sourcing, hiring and managing remote tech talent in US time zones, becomes the undisputed leader in providing US companies access to high-quality Latin American tale
Venture CapitalTestGorilla secures $70m Series A funding to help companies eliminate hiring bias
We’re delighted to announce that TestGorilla has secured $70m in Series A funding, co-led by the London-based venture capital firms Atomico and Balderton Capital . The funding brings the company’s total investment to $80m following pre
Venture CapitalCoachHub raises $200M Series C Funding led by Sofina and SoftBank Vision Fund 2
Digital coaching platform CoachHub plans to further expand in the Asia Pacific and other regions of the world after raising a $200 million Series C. The round, led by Sofina and Softbank Vision Fund 2, comes just eight months after the s
Venture CapitalGlobal Climate Career Platform Terra.do Raises $5 Million Seed Round Led by Avaana Capital
Company Raises $5 Million Round Led by Avaana Capital, with Participation from Notable VCs and 150+ Individuals in the Climate Community STANFORD, Calif. , June 13, 2022 /PRNewswire/ -- Terra.do, a global climate career platform with th
TopicsHow the Future of Work will Improve the Employee Experience
Since the start of the internet, we have slowly transitioned from an analog species to a digital species: Homo Digitalis. Nowadays, for most of humanity, the internet has become the norm, and we spend many hours per day on the internet and
Venture CapitalEthena Raises $30M in Series B for Modern and Effective Compliance Training
We’ve grown so much in the past year, and we’re just getting started Less than a year ago, Ethena announced our $15.5 million series A , and we’re delighted to announce that we’ve raised an additional $30 million Series B to build out Ethen
Venture CapitalBryq AI Talent Intelligence Raises $4 Million in Pre-Series A Funding Towards Building the Future of Work
ATHENS, Greece — Bryq, the AI Talent Intelligence platform, announced today that it has raised a $4 million pre-Series A round, led by No Such Ventures along with existing investor Big Pi Ventures. In 2021, Bryq’s revenue increased by more
Company NewsHow to Solve the Challenges of Headcount Reconciliation
Finance and HR routinely produce headcount numbers that don’t match—and that’s a problem. A simple count of employees should be a fairly straightforward process. After all, how difficult can it be to get an accurate number of the people you
Venture CapitalWorkGenius, a freelance technology company, acquires US based JBC, a staffing company
NEW YORK , June 8, 2022 /PRNewswire/ -- WorkGenius, a freelance technology company has acquired US based JBC, a staffing company, in a landmark deal that together, will aim to transform the freelance staffing industry through proven opera
Venture CapitalAutomated Coaching Platform Cloverleaf Raises $9M in Series A Funding
CINCINNATI – June 9, 2022 – Cloverleaf has closed $9M in Series A funding. The round was led by Origin Ventures with the participation of ScOp Ventures, Mucker Capital, Queen City Angels, Airwing Ventures, 1809 and the JobsOhio Growth Capit
Venture CapitalNava Benefits Has Raised a $40M Series B
SUMMARY Nava Benefits is thrilled to announce that we have raised $40 million in Series B funding. Hear from our co-founders, Brandon Weber and Donald DeSantis, on what the Nava team has achieved in the last two years, and how we will use t
Venture CapitalFinch raises $15M Series A to power the future of connected and programmable employment
At Finch, our mission is to empower innovators to access the global employment ecosystem. Since starting the company in late 2020, we’ve been excited about building a future in which the employment sector is both connected and programmable.
TopicsMicrosoft announces four new employee workforce initiatives
Today, Microsoft is announcing new changes and investments aimed at further deepening our employee relationships and enhancing our workplace culture. Specifically, we are making changes to U.S. based policies and practices related to noncom
Venture CapitalModern Compliance Training Startup Ethena Announces $30 Million Series B
BROOKLYN, N.Y. , June 7, 2022 /PRNewswire/ -- Ethena , a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew,
Venture CapitalOpal Raises $10M in Series A Funding
Opal continues to empower enterprises to scale their access management processes and boost their security posture. In 2020, we founded Opal to help organizations manage access with the principle of least privilege , where employees are gra
Venture CapitalTeal Raises $6.3 million Seed Round to Champion Career Growth and Optimize the Job Search
Funding will be used to expand Teal's job search tools and build a recommendation engine that helps people learn the right skills to grow in a career they love MIAMI , June 7, 2022 /PRNewswire/ -- Teal , a company that empowers people to
TopicsWhy is People Analytics so Important for HR?
Today’s labour market is tight. Because of the change of environment brought on by the pandemic, social unrest and the great resignation, business leaders and HR professionals are working to learn more about people analytics and how it can
Venture CapitalHackNotice closes $7 million Series A Funding Round Led by Strategic Cyber Ventures
HackNotice will use the funds to expand the business and help companies fight the cybersecurity epidemic. HackNotice, the only company-wide threat awareness platform that enables employees to identify and defend against cyber threats, today
Venture CapitalGo1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform
Editor's note：The market for online education receives a lot of attention in the wake of COVID-19. Australia-based Go1 — one of the rising stars in the world of enterprise learning — is announcing a significant $100 million funding round an
Venture CapitalGuild Closes $175 Million in Series F Financing to Accelerate Mission, Expand With New Employer Partners in Dynamic, In-Demand Sectors
Denver, CO, June 02, 2022 (GLOBE NEWSWIRE) — With competition for frontline workers fiercer than ever due to structural shifts in the labor market, Guild , a Career Opportunity Platform, today announced a $175 million Series F financing ro
JoshBersinJosh Bersin: ServiceNow Acquires Hitch: Entering The Skills And HCM Market
Today was some big news. ServiceNow, the leader in enterprise workflow and employee experience platforms, announced the acquisition of Hitch , a small player in the massive market for skills technology and talent marketplace solutions. Thi
Venture CapitalServiceNow to Acquire Hitch Works to Help Customers Address Talent Gaps
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW) today announced it has signed an agreement to acquire Hitch Works, a skills mapping and intelligence company. Hitch will add a new layer of AI-powered skills insights to the indus
Venture CapitalHourWork Raises Additional $2.5 Million, Increasing Series A Round Fund Raise to $12.5 Million
BOSTON – HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, today announced the closing of $2.5 million in additional Series A funding led by MassMutual’s MM Catalyst Fund (MMCF), which jo
Product NewsADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
ROSELAND, N.J. , June 2, 2022 /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May ADP ® National Employment Report ™ . Broadly distributed to the public each month, free of charge,
Venture CapitalRealWear Raises $23.5M to Turn Successful Industrial Wearable into High Growth Assisted Intelligence Platform Business
New funding will allow RealWear to build a fully integrated software, hardware and cloud subscription platform to further empower frontline workers Santa Clara, CA – June 1, 2022 – At Augmented World Expo (AWE), RealWear, the world’s leadin
Venture CapitalHourly.io Announces $27M Series A
We have some very exciting news to share—we raised $27 million! It’s such an incredible accomplishment for all our team members who worked hard to get us here, and we’re grateful to our new and existing investors who believe in our vision t
Company NewsUKG Names Chris Todd as Chief Executive Officer
Aron Ain transitions to UKG Executive Chair UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced that Chris Todd, president of UKG, has been appointed chief executive officer (CEO), eff
Venture CapitalFlexa Careers Raises £2.3M in Seed Funding
Flexa Careers , a London, UK – based platform bringing transparency to the hiring market, raised £2.3m ($2.9m/€2.7m) in seed funding. The round was led by Ada Ventures and joined by Auxxo Female Catalyst Fund, angel syndicate HERmesa, and a
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