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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Enboarder Announces Integration with Equifax to Enhance Onboarding Experience
Strategic alliance will bring I-9 and WOTC management capabilities to the Enboarder platform AUSTIN, Texas , Jan. 26, 2023 -- Enboarder , a leading employee communication and workflow platform, today announced a new strategic alliance wit
ColumnADP Reports Second Quarter Fiscal 2023 Results
ADP Reports Second Quarter Fiscal 2023 Results •Revenues increased 9% compared to last year's second quarter to $4.4 billion; 10% organic constant currency •Net earnings increased 17% to $813 million, and adjusted net earnings increased 17%
Company NewsDistribution Center Technology Provider Lucas Systems Announces New Warehouse Technology To Serve A Gen Z Workforce
WEXFORD, Pa. , Jan. 25, 2023 -- Distribution center technology provider Lucas Systems announced today its rollout of new technologies promising productivity, comfort and ease of use to a Gen Z warehouse workforce of the future. The technol
Venture CapitalDailyPay Announces $260 Million in New Funding
NEW YORK -- DailyPay , a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided be
ColumnLinkedIn Business Highlights from Microsoft’s FY23 Q2 Earnings
Microsoft announced Q2 FY23 Earnings . Included in the report on the financial performance were the following LinkedIn highlights: People and companies continue to look to LinkedIn to connect, learn, sell, and get hired. In Q2, LinkedIn’s
Venture CapitalClovers Signs Definitive Agreement to Acquire TalVista
NASHVILLE, Tenn., January 24, 2023-- Clovers has entered into a definitive agreement to acquire TalVista . Clovers is an HR technology company that provides intelligent interview software to its users. Their video interview solution support
Venture CapitalUS Based Construction Recruiting Startup Skillit Gets $5.1 Million in Seed Funding
Skillit , a New York-based provider of a recruiting platform for full-time construction labor, raised $5.1M in Seed funding . The round was led by Building Ventures with participation from MetaProp, HOLT Ventures, Great North Ventures, 1Sha
FundingGrazzy Raises $4.25M to Power Hospitality's Future of Digital Tips, Same Day Pay and Financial Wellness for Hourly Workers
As cashless payments become the norm, Grazzy increases retention and improves the guest experience at hotels, salons, bars and restaurants. AUSTIN, Texas , Jan. 23, 2023 -- Grazzy , a next-gen employee payments platform, announces $4 .25M
Venture CapitalTransCrypts, a US Record Management Platform, Raise $2.4 Million in Pre-Seed Funding to Democratize Access and Control of Important Credentials Back to the Consumers
SAN FRANCISCO, Jan. 20, 2023 -- TransCrypts , a record management platform that has empowered 300,000 consumers to own and share their work and income history in a verifiable and auditable manner, today announced it raised $2.4 million in P
Venture CapitalInfinite Electronics, Inc. Announces Acquisition of Bulgin Ltd., Leading Developer and Manufacturer of Innovative Harsh Environment Connectivity Solutions
Latest Acquisition to Further Strengthen Infinite Electronics' European Footprint and Global Distribution Network IRVINE, Calif. , Jan. 19, 2023 -- Infinite Electronics, Inc. , a global portfolio of leading in-stock connectivity solutio
Venture CapitalIsrael-Based Video Interviewing Software, myInterview, Secures $11m in Series A Funding to Help Employers Better Engage Gen Z Candidates
As recruiting challenges remain strong despite current economic climate, myInterview offers a human-centric solution that helps employers and job seekers connect in a more authentic way TEL AVIV, Israel , Jan. 18, 2023 -- myInterview ,
Company NewsUS-based company hireEZ's Award-winning Platform Dominates the Market in 2022, Fueled by Helping Companies Meet Hiring Goals
MOUNTAIN VIEW, Calif. , Jan. 18, 2023 -- hireEZ , the only end-to-end Outbound Recruiting Platform, announced strong 2022 performance and multiple industry accolades for its success in supporting companies through challenging shifts in hi
Venture CapitalEdustaff, a US Leading Education Staffing Company, Receives Strategic Investment from Public Pension Capital
GRAND RAPIDS, Mich. , Jan. 18, 2023 -- Edustaff, LLC ("Edustaff" or the "Company"), a leading education staffing company that provides high quality educators to K-12 school districts and community colleges across the U.S., today announced
Company News13.86 billion -2022 Global Investment and Financing in HRTech
According to DHR statistics, 412+ investment and financing events were generated globally in the past 2022, with a total investment and financing amount of $13.86 billion in the global HRTech field. Among them, by quarter, we can see that Q
Venture CapitalZvoove Group Acquires Fortytools: Two Software Providers for Cleaning Services are Joining Forces
zvoove extends its portfolio of digitalization solutions to smaller cleaning service providers and continues its M&A strategy with this additional acquisition. LOHNE, Germany and AHRENSBURG, Germany , Jan. 16, 2023 -- zvoove Group , t
Venture CapitalNashTech makes strategic acquisition of North American cloud and data solutions provider, Knoldus
LONDON , Jan. 13, 2023 -- NashTech, the global technology solutions business of Nash Squared, has acquired Knoldus as part of its strategic expansion in North America . Knoldus is a technology advisory and solutions company with over 300 e
Venture CapitalShiftkey, a US Technology Company Transforming Future of Work, Earns $2 Billion Valuation Following Capital Raise
DALLAS, Texas, January 12, 2023 — ShiftKey , a Dallas-based technology company transforming the future of work by empowering licensed professionals to connect directly with healthcare facilities with open workforce needs, announced today th
Venture CapitalHub International Strengthens Employee Benefits Solutions With Acquisition of the Assets of Grace & Porta Benefits in Michigan
CHICAGO , Jan. 12, 2023 -- Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Grace & Porta Benefits, Inc. (Grace & Porta Benefits). Locate
Venture CapitalDeel Acquires Capbase to Enter Equity Management
Remote payroll startup Deel has acquired fintech Capbase for an undisclosed amount in a cash and stock deal, the companies exclusively announced to TechCrunch. As its name suggests, San Francisco-based Capbase claims it can update a company
Venture CapitalFidelity Investments Acquires Shoobx, Bolstering Commitment to Equity Plan Capabilities for Private Companies
BOSTON, January 10, 2023 — Fidelity Investments announced it is furthering its commitment to the private market with the acquisition of Shoobx , a leading provider of automated equity management operations and financing software for private
TopicsHR Acuity Launches First-Ever Employee Relations Maturity Model, ER/Q
ER/Q is the first employee-relations specific maturity model designed to help organizations measure and improve their ER processes NEW YORK , Jan. 11, 2023 -- HR Acuity , the only human resources SaaS solution designed for employee relati
Venture CapitalTalent Group Announces Acquisition of Queen Consulting Group
HOUSTON , Jan. 11, 2023 -- Talent Group , a leading national IT staffing company, announced today the acquisition of Queen Consulting Group, a nationally recognized IT staffing and consulting company specializing in healthcare and pharma I
Company NewsEngagedly Launches Team Pulse, a Team Check in and Listening Tool Built for the Hybrid Workforce
The one-of-a-kind solution built for the hybrid workforce combines employee listening tools and team check ins to help managers and organizational leaders to build a highly engaged and high performing teams ST. LOUIS , Jan. 9, 2023 -- Empl
Company NewsHiring Momentum Continues for Q1, Though Signs of Softening Begin
Employers still face a global talent shortage; the Information Technology sector leads the way in Q1 2023 hiring While the impact of a potential recession and rising inflation dampen the hiring Outlook quarter-over-quarter and year-over-yea
Venture CapitalDHR Highlights: Acquisitions & Funding News of December
We've gathered the most noteworthy funding and acquisition news in the HR sector of December. We have selected 7 funding news and 3 acquisition news. Among the investment news we selected, 2 companies have become unicorns after the investme
Venture CapitalHeidrick & Struggles Enters into Agreement to Acquire Atreus, Executive Interim & On-Demand Talent Business, in Germany
Acquisition Builds on Heidrick & Struggles' Leadership Position in Executive On-Demand Talent Space CHICAGO , Dec. 29, 2022 -- Heidrick & Struggles (Nasdaq: HSII ), a premier provider of global leadership advisory and on-demand talent s
Venture CapitalEvents.com Secures $100M Capital Investment from Global Emerging Markets (GEM) to Accelerate Global Expansion and Growth
Event technology leader Events.com announced today that it has secured a capital commitment of $100 million in the form of a Share Subscription Facility (SSF) from Gem Global Yield LLC SCS (GGY). The SSF will accelerate the company’s growth
Venture CapitalArthur J. Gallagher & Co. Acquires ROC Group
ROLLING MEADOWS, Ill. , Dec. 27, 2022 -- Arthur J. Gallagher & Co. today announced the acquisition of Chicago -based ROC Group. Terms of the transaction were not disclosed. Founded in 1998, ROC Group is an employee communication agency sp
ColumnJosh Bersin:HR Technology 2023: What’s Hot? What’s Not?
The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has more than 80 different employee-facing syste
Venture CapitalSkilled Trades Hiring Tool Classet Raises $3 Million
CHICAGO — Classet , a recruiting and training software startup for skilled trades companies, today announced that it has raised a $3 million seed round. This initial funding round will be used to scale out their platform and enable more tr
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