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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Recruiting Holdings Announces Third Quarter Fiscal Year 2022 Financial Results, with Total revenue of $6.7 Billion
TOKYO, JAPAN (Feb. 13, 2023) - Recruit Holdings Co., Ltd. ("Recruit Holdings" or the "Company") today announced its consolidated financial results for the nine months ended December 31, 2022 (April 1, 2022 to December 31, 2022) Consolidated
Company NewsUS-based Talent Platform Upwork Expands to Support Full-Time Hiring, Further Unlocking the World’s Work Marketplace for All
New end-to-end hiring solution enables businesses to find, vet, hire and pay global talent for full-time work, with tools to address complexity and risk SAN FRANCISCO, Calif. – February 13, 2023 – Upwork (NASDAQ: UPWK), the world’s work m
Venture CapitalVideo Interviewing Startup Willo Raises $1.8M to Expand Its Operations in US, Australia
Willo , a video interviewing company, has recently raised over £1.5 million ($1.8 million) in a funding round led by 1818 Venture Capital, a Guernsey-based early-stage tech investment firm, bringing its total raised to $2.5 million. The cas
Company NewsElevatus and Rectec Announce Strategic Partnership to Expand Reach and Increase Awareness
LONDON , Feb. 12, 2023 -- The globally acclaimed provider of innovative recruiting solutions, Elevatus , is proud to announce its strategic partnership with the award-winning, vendor intelligence platform, Rectec . This partnership will
Venture CapitalIreland-based Mental Health and Wellbeing Platform Spectrum.Life Raises €5M for its Platform Development and Staff Expansion
DUBLIN, IRELAND, Feb. 10, 2023 -- Spectrum.Life , a provider of employer health and wellbeing services, announced on Friday that it has secured €5M in a funding round led by Act Venture Capital with participation from new and existing inves
Company NewsHR Tech Startup Confirm Launches ChatGPT-Powered Solution for Auto-Drafting Reviews Based on Input from Peers and Managers
Confirm’s technology makes revi ews fairer and more accurate while saving time by automating much of the process SAN FRANCISCO, Feb. 09, 2023 -- Confirm , the first platform to inject the science of Organizational Network Analysis (ONA) int
Venture CapitalThe Panther Group Acquires Wisconsin-Based Managed Service Provider, Enterforce
MAYNARD, Mass. , Feb. 8, 2023 -- The Panther Group (Panther) , a Massachusetts -based full-service staffing and recruiting firm, has acquired Enterforce, Inc. (EFI) , a Wisconsin -based Managed Service Provider (MSP), in a stock purchase
Venture CapitalA Employee Experience Software Company GSoft Acquires Didacte, a Learning Management System Company
An innovative strategy for GSoft to expand its product portfolio and offer its customers the most comprehensive portfolio of employee experience solutions. MONTREAL , Feb. 8, 2023 - Today, GSoft, a well-established software company that
EarningsPaycor Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenues up 29% Year-over-year to $132.9 Million
Q2 Total revenues of $ 132.9 million, an increase of 29% year-over-year, while expanding margins Q2 Recurring revenue of $ 125.0 million, an increase of 22% year-over-year, and the fifth consecutive quarter of achieving our long-te
Venture CapitalUS Based HR Tech Spinout Performica Raises $3M on its Seed Round
The technology company raised $3 million in its initial round of funding led by Surface VC and Bowery Capital. Performica , software helping companies transform people risk into their superpower, announced that it has raised $3 million in i
Venture CapitalFuture of Work Startup ChangeEngine Announces $5.5 Million Seed Funding to Scale Employee Experience Platform
Workplace technology solution expands to deliver the next generation of creator tools for the employee experience. SAN FRANCISCO , Feb. 7, 2023 -- Today, ChangeEngine , the innovative workplace technology solution that enables companies t
Venture CapitalWorkday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation
MOUNT KISCO, N.Y. &NEW YORK- Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions t
Venture CapitalShiftMed, a US Based W-2 Healthcare Workforce Management Platform, Raises $200M to Drive Expansion of Leading Digital Health Care Labor Marketplace
With 8x growth in two years, ShiftMed secures capital to accelerate its mission of revolutionizing access to healthcare workers MCLEAN, VA - February 6, 2023 – ShiftMed , one of the largest W-2 healthcare workforce management marketplaces,
Venture CapitalS2Verify, One of the Fastest Growing U.S. Companies, Acquires Yale Background Screening - Doubling its Size Overnight
ATLANTA , Feb. 3, 2023 -- Today, the S2Verify board of directors announced the firm's acquisition of New-York -based Yale Background Screening (Yale Associates, Inc), a highly reputable company with long-standing, multi-year relationships
EarningsPaylocity Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenue up 39% Year-over-year to $273.0 million
Q 2 2023 Recurring & Other Revenue of $256.4 million, up 31% year-over-year Q 2 2023 Total Revenue of $273.0 million, up 39% year-over-year SCHAUMBURG, Ill., Feb. 02, 2023 -- Paylocity Holding Corporation (Nasdaq: PCTY), a
Venture CapitalNew York-Based Private Equity Firm Leeds Equity Partners Acquires TalentNeuron from Gartner, Inc.
NEW YORK , Feb. 2, 2023 -- Leeds Equity Partners ("Leeds Equity") announced today that it has acquired TalentNeuron , a leading provider of human capital data and insights subscription solutions to corporations, government organizations an
Venture CapitalEmployment & Labor Law Compliance Technology Company VirgilHR Closes $1.5 Million Pre-Seed Funding Round, Backed by Squadra Ventures, Techstars, SHRMLabs, and TEDCO
GAITHERSBURG, Md. , Feb. 2, 2023 -- Employment and labor law compliance technology company VirgilHR announced the closing of $1.5M in pre-seed funding with backing from Squadra Ventures, Techstars, SHRMLabs , and TEDCO . Through its web
Venture CapitalCAVU HCM Acquires Two Payroll Service Companies Continuing its Accelerated Growth
PEORIA, Ill. , Feb. 2, 2023 -- Today, CAVU Human Capital Management (HCM), an emerging provider of technology, payroll, human resources, and workforce management solutions, announced it has acquired ABCS Payroll located in DuBois, Penn
Venture CapitalHeidrick & Struggles Closes Acquisition of Atreus in Germany, Expanding its On-Demand Talent Footprint
Transaction advances long-term growth and diversification strategy to capture accelerating global opportunities in the on-demand talent market CHICAGO , Feb. 1, 2023 -- Heidrick & Struggles ("the Company"), a premier provider of global l
Venture CapitalTask Management, Inc Staffing Group is Acquired and Becomes a Key Part of the Fast-Growing Jobsquad Staffing Solutions Nationwide Network
Parent Group JobSquad Family of Workforce Solutions, owned by Indiana -based PE Group Hoosier Investments, adds to their U.S. Staffing Portfolio to Meet Nationwide Demand. Task Management is headquartered in Ridgefield, Connecticut , and
Company NewsSilkRoad Technology Announces First True End-to-End Talent Acquisition Solution
CHICAGO – SilkRoad Technology , the world-class talent acquisition leader, announced the completion of a two-way integration between its candidate sourcing solution, Search , and its applicant tracking system, Recruiting . The integration c
Venture CapitalDalia Raises $5M in Series A Funding to Help Employers Get More Qualified Applicants for Less
BOSTON , Jan. 31, 2023 -- Dalia , a recruitment marketing automation platform that helps employers get more qualified applicants for less, today announced the completion of a $5 million Series A round . The round was led by Lewis & Clark
Venture CapitalAU Based AI Coach creator Fingerprint for Success (F4S) raises AU$5 Million in Seed Round
$5M seed round led by Investible; $9M in total funding raised to date Investment to further accelerate product development in Generative AI Coach 'Marlee', the powerful behavioral change app embraced by Canva, Atlassian, KPMG and Baraja
Venture CapitalCleary Announces $7.5m in Seed Round Funding amid Strong Demand for Their Employee Experience Platform to Support Distributed Teams
Cleary's approach helps companies create a holistic employee experience while saving on cost, eliminating unnecessary point solutions as remote and hybrid work show staying power. SAN FRANCISCO , Jan. 31, 2023 -- Cleary , the digital emplo
EarningsManpowerGroup Reports 4th Quarter 2022 Results
Revenues of $4.8 billion (-11% as reported, -1% constant currency (CC)) Gross profit margin of 18.2%, up 100 basis points year over year reflecting business mix progress and solid permanent recruitment trends Talent Solutions experienced
Venture Capital2023 DHR Highlights: the Most Worth Reading Acquisitions & Funding News of January
We've gathered the most noteworthy funding and acquisition news in the HR sector of January, 2023 . We have selected 3 funding news and 4 acquisition news. Among the investment news we selected, 1 company has become a unicorn after the inve
Company NewsComments from Jigsaw Cloud: Litmos LMS sold by SAP
On December 1, 2022, SAP sold Litmos LMS to Francisco Partners, a private equity company based in California. Litmos was originally acquired by SAP as part of their acquisition of Callidus back in April 2010. Callidus was purchased for its
Company NewsAI Job Interview Chatbot Provider Sapia.ai Releases Talent Intelligence Product Empowering Large Companies to Hire Without Resumés
MELBOURNE, Australia , Jan. 30, 2023 -- Sapia.ai , the creator of the world's first AI Smart interviewer , has released a new iteration of its market-leading Talent Insights product – a full-fledged talent intelligence solution that comp
Company NewsTalkpush Partners With DocuSign to Accelerate Employee Onboarding
To help high-volume employers onboard new hires faster, Talkpush has partnered with DocuSign , the digital platform that offers an easy and secure way to bulk send, sign, and collect agreements electronically. This partnership with DocuSign
EarningsRobert Half Reports Fourth-Quarter Financial Results
MENLO PARK, Calif., Jan. 26, 2023 -- Robert Half International Inc. (NYSE: RHI) today reported revenues and earnings for the fourth quarter ended December 31, 2022. For the quarter ended December 31, 2022, net income was $148 million, or $1
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