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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300CoachHub Introduces Co-development Hubs as First Collective Coaching Offering
CoachHub, a leading digital coaching platform, has announced its new offering called "Co-development Hubs," designed for collective coaching. This first-of-its-kind feature uses evidence-based methodology to enhance team collaboration and i
Venture CapitalErudit Raises $10M Series A to Help Companies Ditch Surveys and Embrace AI to Transform the Employee Experience
In a groundbreaking move that promises to redefine the landscape of Human Resources, Erudit has successfully secured $10 million in a Series A funding round. Led by an impressive consortium of investors including Conexo Ventures, Athos Capi
Company NewsKaiser Permanente Appoints Greg Holmes Chief Human Resources Officer
Greg Holmes has been promoted to senior vice president and chief human resources officer for Kaiser Permanente , effective October 1, 2023 . He replaces Christian Meisner , who has announced his decision to leave the organization to be clo
Product NewsUnlocking People Advantage: How Sequoia's Comp-OS 2.0 Simplifies HR and Finance
Sequoia has launched Comp-OS 2.0, a comprehensive solution aimed at simplifying the complex landscape of global compensation management for HR and finance leaders. The platform offers real-time visibility into organizational spending and en
Venture CapitalNew York-Based Giftpack AI Secures $4.3M in Seed Funding to Revolutionize Corporate Gifting
The raise will further Giftpack's mission to innovate gifting services and enhance platform functionality to help companies get gifting right NEW YORK , Sept. 21, 2023 Giftpack AI , a leading AI-powered corporate gifting platform, today
Venture CapitalAmsterdam-Based Lepaya Secures $38M to Revolutionize Corporate Learning and Close Skills Gaps
Lepaya, a leading corporate EdTech provider, has secured $38 million in funding, marking the largest investment in this sector for 2023. The company aims to revolutionize the $400 billion corporate learning market with its AI-powered capabi
Company NewsChano Fernandez Takes the Helm as Co-CEO of Eightfold AI: A New Chapter in AI-Driven HR
Chano Fernandez has been appointed as the Co-CEO of Eightfold AI, effective January 2024. Previously, Fernandez led HR's transition into the cloud at Workday, where he served as Co-CEO and helped the company grow from $450M to $6B in revenu
TopicsFirst HP Work Relationship Index Shows Majority of People Worldwide Have an Unhealthy Relationship with Work
HP Research Finds Expectations of Work Have Changed Drastically in the Last 2-3 Years News Highlights Only 27% of knowledge workers say they have a healthy relationship with work; India is most healthy, Japan least healthy 83% of knowledge
Product NewsLattice's New HRIS: A One-Stop Solution for Modern HR Teams
Founded in 2015, Lattice has been a trailblazer in the realm of people management software. Initially focusing on continuous performance management solutions, the San Francisco-based company has since broadened its offerings to include empl
Venture CapitalYurts Announces $16M in Series A Funding to Accelerate Growrh
SAN FRANCISCO , Sept. 19, 2023 -- Yurts , the enterprise-ready Generative AI platform, today announced a $16 million Series A to support its acceleration into the market. The oversubscribed funding round was led by Nava Ventures, with a
Venture CapitalZayZoon Raises $34.5 Million in Series B Funding to Expand EWA, Employer Engagement Platform
PHOENIX-- ZayZoon , the Earned Wage Access (EWA) provider for small and mid-sized businesses, has raised $34.5 million USD in debt and equity for its Series B financing. The round was led by Framework Venture Partners, with co-investment fr
Venture CapitalHiBob Adds $150M in New Round of Funding to Support Continued Expansion
NYC, USA and London, UK – 19 Sept 2023: HiBob , the company behind ‘Bob’, the HR platform transforming how organizations operate in the modern world of work, today announced it has secured $150M in new funding in a round that was led by Fa
Company NewsTrueBlue Automates Finance and HR with Oracle Fusion Cloud Applications
Oracle CloudWorld, Las Vegas— TrueBlue , a leader in specialized workforce solutions, has achieved a 40 percent return on investment (ROI) since implementing Oracle Fusion Cloud Applications Suite. With Oracle Fusion Cloud Enterprise Resour
Product NewsInside Google's Decision to Cut Hundreds of Jobs in Its Global Recruiting Division
MOUNTAIN VIEW — Google has verified that it will be reducing its workforce by letting go of hundreds of employees involved in recruitment and hiring, as part of ongoing cost-cutting measures in Silicon Valley. In a move that has sent ripple
Venture CapitalSales Commission Startup Performio Scores $13M Funding Round
Performio, a West Hollywood, CA-based incentive compensation software company, raised $13 million in growth capital financing. IRVINE, Calif. , June 14, 2022 Performio , a leading enterprise-grade sales commission software solution provi
Venture CapitalSailes Secures $5.1M Series A Funding to Automate Sales Prospecting with AI
Sailes , the AI startup revolutionizing sales prospecting with its patent-pending Sailebots, has secured $5.1M in a Series A round led by Lewis & Clark Ventures. This funding propels Sailes to new heights in automating sales activities. Sai
Company NewsGreenhouse Promotes Henry Tsai to Chief Product Office
NEW YORK , Sept. 13, 2023 Greenhouse , the hiring operating system for people-first companies, announced today that it has promoted Henry Tsai to Chief Product Officer. As a longstanding part of the Executive Leadership Team, Henry will
Company NewsInternal Hiring Boosts Retention and Saves Money, Yet Has Slumped Post Pandemic, The Josh Bersin Company Finds
Internal mobility initiatives and hiring processes rose in popularity during the pandemic to become a source of innovation , employee retention, a core driver of company culture, and broad savings But the focus on internal recruitment has w
Venture CapitalJustworks Announces Merger Agreement to Acquire Via, an International Employment Platform, to Accelerate its Global Solutions for Small Businesses
NEW YORK, – Justworks, Inc. (“ Justworks ”) today announced that it has entered into a definitive merger agreement with Via Global Ventures, Inc. (“ Via ”) under which Justworks will acquire Via, an international employment platform. With
Venture CapitalLumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round
SARATOGA, Calif. -- Lumber , creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding. With its fully integrated, purpo
Venture CapitalB2B Fintech Purchasing Power Lands $177M Debt Financing
Purchasing Power, which links employees and companies to provide flexible purchasing benefits, has secured $177M credit facility. This financing underscores investors' confidence in its platform that enables employees to buy electronics and
Venture CapitalMerging for Mastery: How Spark Hire's Acquisition of Chally is Redefining Talent Assessment Solutions
In a groundbreaking move that promises to redefine the landscape of talent assessment, Spark Hire, a global leader in video interviewing, has announced its strategic acquisition of Chally, a pioneer in predictive talent analytics. This acqu
Company NewsPapaya Global Amplifies U.S. Workforce Capabilities with Comprehensive Payroll and EoR Solutions
With this expansion, Papaya Global provides a complete suite of solutions including Payroll, EoR and PEO, to drive growth by enabling global organizations to hire confidently in the US market TEL-AVIV, Israel , Sept. 12, 2023 - Papaya Glo
Company NewsOyster Announces 30% Role Reduction in Major Reorganization
In a recent announcement that has sent ripples through the tech industry, Oyster's CEO Tony Jamous revealed a significant company-wide reorganization. The restructuring will result in a 30% reduction in roles across the board. This move com
Venture CapitalCommon Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the
Company NewsTargetRecruit Introduces Copilot: Elevating Recruitment Efficiency with Artificial Intelligence
TargetRecruit is excited to introduce a groundbreaking addition to our latest product release – Copilot, an advanced AI Integration Framework. This innovative framework marks the first step in a series of forthcoming AI capabilities designe
Company NewsEasop Announces Strategic Partnership with Carta and Snags Investment from Tech Law Firm Cooley's Fund and SemperVirens
NEW YORK , -- Easop , the equity compensation solution for global teams, announces a significant milestone in its journey towards revolutionizing global employee equity management. In only 18 months, the company has forged a strategic partn
Company NewsWorkForce Software Introduces the WorkForce Spark Program to Its Global Partner Network Enabling More Organizations to Leverage its Top-Rated Solution
LIVONIA, Mich.--Today, the first global provider of integrated employee experience and workforce management solutions WorkForce Software , announces WorkForce Spark, a comprehensive program to support the creation of rapid implementation so
Company NewsPapaya Global and HiBob Team Up to Integrate HR and Payroll Management for Multinational Businesses
LONDON and TEL AVIV, Israel -- HiBob , the company behind Bob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global , the only dedicated payroll and payments platform for global workforces, annou
Company NewsProlucent And UKG Announce Technology Integration Partnership
DALLAS — Sept. 6, 2023 — Prolucent Health ®, a leading provider of enterprise-wide healthcare workforce optimization software and services, today announced a new technology partnership with UKG , a leading global provider of HR, payroll,
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