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Venture Capital

WorkTorch Announces $2.2M in Additional Funding and Rebrand from QuickHire

Service Industry Career Platform Continues Exceptional Growth, with 1 in 3 Applicants Landing New Careers WICHITA, Kan. ,  Nov. 7, 2022  /PRNewswire/ --  WorkTorch , a fast-growing service industry career platform, announces a  $2.2 million

Nov 7, 2022
Venture Capital

SparkPlug Secures $8M to Help Incentivize Frontline Workers

SAN FRANCISCO –    SparkPlug , the leading incentive management and wage supplementation platform for frontline workers, today announced an $8 million Series A funding round. The round was led by Lightbank, with participation from Industry

Nov 5, 2022
Venture Capital

UKG Acquires Workforce Planning Startup

LOWELL, Mass. & WESTON, Fla. —-  UKG Inc. , a leading provider of HR, payroll, and workforce management solutions for all people, today announced the acquisition of  Quorbit , a U.K.-based startup specializing in long-term workforce plannin

Nov 5, 2022
ESG

TriNet Releases 2022 Environmental, Social and Governance Report

DUBLIN, Calif. ,  Nov. 3, 2022   TriNet  (NYSE: TNET), a leading provider of comprehensive human resource solutions for small and medium-size businesses (SMBs), today announced the release of its 2022  TriNet Environmental, Social and Gover

Nov 3, 2022
Earnings

Paylocity Announces First Quarter Fiscal Year 2023 Financial Results

Q 1   2023  Recurring & Other Revenue of  $245.4  million,  up   36%  year-over-year Q 1   2023  Total Revenue of  $253.3  million,  up   39%  year-over-year SCHAUMBURG, Ill., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation

Nov 3, 2022
Earnings

Paycor Announces First Quarter Fiscal Year 2023 Financial Results

Q1  Total revenue of $ 118.3  million,  an increase  of  28%  year-over-year, while delivering increased profitability Q1 Recurring revenue of $ 114.2  million, an increase of  24%  year-over-year, driven by continued strong demand Raises F

Nov 3, 2022
Venture Capital

HRSaaS GoCo.io Raises $15 Million

Houston, Texas –  GoCo.io, the leading provider of flexible software solutions for HR, benefits, and payroll, today announced a $15 Million funding round led by ATX Venture Partners in September. This brings the total recent investment to $

Nov 1, 2022
Venture Capital

HR Employee Benefits Platform Fringe Raises $17M to Offer Customizable Perks

Fringe,  an HR tech startup enabling companies to offer customizable perks and benefits to employees, today announced that it raised $17 million in a funding round led by Origin Ventures and Felton Group. CEO Jordan Peace says that the proc

Nov 1, 2022
Venture Capital

【Romania】YAROOMS, a SaaS company providing workplace management software, raises €2 million in its first investment round

BUCHAREST, Romania ,  Oct. 27, 2022 - Yarooms , a SaaS company providing leading workplace experience solutions, has secured  2 million EUR  financing to pursue a new market opportunity and accelerate growth. GapMinder is lead investor with

Oct 28, 2022
Venture Capital

CloudPay Raises $50 Million and Reports High Growth as Payroll Evolution Continues

LONDON - Expert in global pay solutions, CloudPay,  has raised a new $50 million round of capital whilst recording strong growth as demand for cloud-based integrated global payroll and payments services continues. The funds raised were led

Oct 27, 2022
Company News

ADP President Maria Black to succeed CEO Carlos Rodriguez, Effective January 1, 2023

ROSELAND, N.J. ,  Oct. 26, 2022  /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors has appointed  Maria Black  to succeed  Carlos Rodrigu

Oct 27, 2022
Venture Capital

Drive My Way Closes $4.4 Million Series A Financing Round

Investment will enable Drive My Way to accelerate the growth of its driver-centric platform to meet rapidly increasing market demand and support customer growth. Cleveland, OH (October 27, 2022)  –  Drive My Way™ , a Software-as-a-Service p

Oct 27, 2022
Venture Capital

Humaans Raises $15M in Series A Funding

Humaans , a London, UK-based hr-tech startup, raised $15M in Series A funding. The round, which has raised a total of $20m, was led by Lachy Groom with participation from Exor, Exponent Founders Capital, Tobias Lütke, Stewart Butterfield, M

Oct 10, 2022
Venture Capital

Reflect brings data visualization to HR teams, raised a €2 million ($2 million) pre-seed round

Meet  Reflect , a new analytics tool that has been specifically designed for HR teams. While many teams now rely on sophisticated data visualization and business planning tools, HR teams can’t easily measure different metrics and see how th

Oct 1, 2022
Venture Capital

Workstream Lands another $60 Million

Funding to support Workstream’s expansion into new industries and products for the burgeoning deskless workforce SAN FRANCISCO —-  Workstream , the mobile-first hiring and onboarding platform for the deskless workforce, today announced it h

Sep 29, 2022
Venture Capital

Employee Cycle Closes $2.5M Seed Round to Automate HR Reporting Process

Employee Cycle , the leading HR analytics dashboard for small and medium-sized businesses, has closed a $2.5 million seed round of financing, led by  Impellent Ventures . The round included participation from  Collab Capital ,  Converge VC

Sep 27, 2022
Acquisition

Calendly acquires Prelude to drive into the recruitment sector

Tope Awotona, September 27, 2022 Today, I’m thrilled to share that Calendly has acquired the recruiting operations platform  Prelude . What makes this acquisition especially exciting is that it accelerates our vision to holistically solve e

Sep 27, 2022
Venture Capital

The Muse announces $8 million investment led by mbm capital for future of work consolidation play

The investment from MBM Capital, founded in 2021 by investors  Lauren Bonner  and  Arun Mittal , is part of The Muse's larger roll-up strategy in the hiring space. NEW YORK ,  Sept. 21, 2022 / -- The Muse, a values-based job search and care

Sep 21, 2022
Venture Capital

Knoetic raises $36M Series B, empowering Chief People Officers to make better, data-driven decisions

Investors:  Knoetic's  new fundraise is led by EQT Ventures with participation from Menlo Ventures and Accel. Total raised:  Knoetic has raised over  $50M  to date for its People Analytics platform and Chief People Officer (CPO) community,

Sep 20, 2022
Venture Capital

Polywork raise $28 million in Series B funding

We launched Polywork last April when the world was in the midst of a pandemic. The reaction was more than anything we could have expected (I documented it  here  after one month live in the world). We had our  viral  moment, it seemed that

Sep 17, 2022
Venture Capital

Virtual Internships Raises $14.3 Million to Fund Its Mission of Making Global Internships Accessible to All

Investment in the global work experience company was led by  Hambro Perks  and supported by  Sequoia  India & Southeast Asia’s  Surge ,  Arsenal Growth ,  Kaplan ,  Ascend Vietnam Ventures , and  STIC Investments . Thursday 15th September 2

Sep 16, 2022
Venture Capital

Atlas Raises Series B Strategic Investment of up to $200 Million from Sixth Street Growth

Global HCM Technology company to invest in scaling its global workforce management platform to support innovative companies looking for flexible solutions to navigate the new world of work CHICAGO ,  Sept. 15, 2022 -- Atlas , an industry le

Sep 15, 2022
Venture Capital

Tech talent marketplace MVP Match raises $5 million

MVP Match,  a tech talent marketplace matching talented tech professionals to companies, has raised $5 million in its seed funding round from Stage 2 Capital, to improve its efforts in pairing companies with talents globally. The marketplac

Sep 15, 2022
Venture Capital

【LONDON】Benivo Raises $12 Million from Updata Partners to Accelerate Growth

Benivo, the leading end-to-end employee mobility management platform, today announced a  $12 million  funding round led by Updata Partners, a growth equity investment firm focused on business-to-business software. With this new capital, Ben

Sep 14, 2022
Venture Capital

All-in-one Recruiting Platform Ashby raises $21.5 million  Series B

[caption id="attachment_848" align="alignnone" width="1260"] Ashby, the all-in-one recruiting software platform[/caption] Ashby , the all-in-one recruiting platform for high-growth startups and enterprise companies launches publicly today w

Sep 14, 2022
Venture Capital

Diversity Recruiting Platform Joonko Raises $25 Million

Joonko , the only automated sourcing platform focused solely on underrepresented candidates, today announced $25M in Series B funding led by global software investor Insight Partners, with participation from Target Global and existing inves

Sep 14, 2022
Product News

Global Employment Outlook for Q4 Remains Strong Amid Cooling in Hiring

Despite concerns of a recession, employers globally are poised to continue hiring much needed talent reporting a Net Employment Outlook of +30%. Optimism is strongest among organizations in  Brazil  (+56%) and  India  (+54%); weakest in  Hu

Sep 13, 2022
Venture Capital

Reejig receives investment from Salesforce Ventures to unlock Zero Wasted Potential

We couldn’t be more excited to announce Reejig has secured an investment from Salesforce Ventures, the global investment arm of Salesforce. This funding will allow us to continue to invest in our award-winning workforce intelligence technol

Sep 11, 2022
Column

Workday and VNDLY: Our Vision for the Future of Total Workforce Management

With Workday and VNDLY, a Workday company, organizations can create a holistic talent strategy that maximizes their extended pool of talent. The rapid pace of change has reshaped not only the nature of work but also who does the work—as in,

Sep 11, 2022
Venture Capital

Mobile learning start-up doinstruct receives seven-figure funding from High-Tech Gründerfonds and Born2Grow.

Employee training, integration and communication rethought: doinstruct develops a low-threshold, multilingual, mobile training solution for frontline workers. The software enables companies to train their employees and service providers acr

Sep 9, 2022
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