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Company News

Workday Global Study: Professional Services Leaders Say Digital Transformation Is Key to Resilience

Only 38% of professional services leaders say their organization is digitally well equipped to ensure business continuity in times of crisis. We talk with Workday’s Patrice Cappello and Justin Joseph to learn what this new research means an

Nov 19, 2022
Earnings

Docebo Reports Third Quarter 2022 Results

TORONTO, ONTARIO - November 10, 2022 - Docebo Inc. (NASDAQ: DCBO; TSX:DCBO) (“Docebo” or the “Company”), a leading artificial intelligence (AI)-powered learning suite, today announced financial results for the three and nine months ended Se

Nov 11, 2022
Earnings

ZipRecruiter Announces Third Quarter 2022 Results

Quarterly revenue $227.0 million, up 7% y/y Company raises revenue guidance to $897M - $903M, or 21% YoY Growth Company raises Adjusted EBITDA guidance to $173M - $179M, or 20% margin Company announces $200 million increase to share repurch

Nov 10, 2022
Venture Capital

Frontline Success Leader Beekeeper Lands $50 Million Series C

SAN FRANCISCO & ZURICH-- Beekeeper , the leading frontline success system, today announced it has raised $50 million in Series C funding after more than doubling revenues since the start of the pandemic. New investors like EGS Beteiligungen

Nov 8, 2022
Product News

The Global HR Software Market is expected to grow by $11.17 bn during 2022-2026, accelerating at a CAGR of 10.68% during the forecast period

The analyst has been monitoring the HR software market and it is poised to grow by  $11.17 bn  during 2022-2026, accelerating at a CAGR of 10.68% during the forecast period. Our report on the HR software market provides a holistic analysis,

Nov 7, 2022
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
Venture Capital

NIIT Acquires St. Charles Consulting Group

[caption id="attachment_959" align="alignnone" width="1666"] NIIT acquires St. Charles Consulting Group[/caption] Significantly expands strategic capabilities in talent development, learning consulting, program design and delivery ATLANTA ,

Nov 4, 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

On-demand Staffing Platform Raises $40 Million

Qwick , the leading on-demand staffing platform for hospitality businesses and professionals, has closed its $40 million Series B investment. The round was led by Tritium Partners, with participation by current investors Album VC, Kickstart

Nov 1, 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

iCIMS Acquires SkillSurvey, a Pioneer in Skills Verification and Digital Reference Checking

Acquisition to bring organizations revolutionary, patented reference checking and credentialing that verifies skills with game changing levels of automation and simplicity to improve the quality of hire at scale HOLMDEL, N.J. [Oct. 26, 2022

Oct 26, 2022
Venture Capital

Paycor Acquires Talenya to Extend Industry-leading Technology Platform with AI Recruiting

Paycor HCM, Inc.  ("Paycor") (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, today announced the acquisition of Talenya, a cutting-edge, AI-driven recruiting platform that automatically sources quality talent

Oct 16, 2022
Venture Capital

ERIN Announces $5M Funding Round To Expand Use of its Employee Referral Recruiting Platform In Enterprises

PITTSBURGH, PA – October 5th, 2022 – ERIN , a leading employee referral platform, today announced the closing of a $5 million financing round led by Reformation Partners. Reformation Partners is joined by BlueTree VC, Grouse Ridge Capital,

Oct 5, 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

Invisible AI Raises $15 Million Series A to Rapidly Scale Innovative Computer Vision Platform Across Manufacturing Facilities

PALO ALTO, Calif. ,  Sept. 28, 2022  -- Invisible AI , a leader in state-of-the-art AI solutions for manufacturing, today announced the close of a  $15 million  Series A funding round, bringing the company's total amount raised to  $21 mill

Sep 29, 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

Tuned Raises $2.5M Seed Round to Radically Upend the Status Quo in Hearing Care

NEW YORK ,  Sept. 19, 2022  /PRNewswire/ --  Tuned , a hearing health company focused on providing hearing care for all, today announced that it raised  $2.5 million  in seed funding, led by Idealab NY and Elements Health Ventures. Followin

Sep 19, 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

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
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