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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300New Research: Cloud-Based HCM Can Redefine Employee Experience
We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT sy
Venture CapitalRemote Talent Platform Revelo Acquires Mexico’s Largest Tech Talent Marketplace Listopro
With the acquisition of Listopro, Revelo, already the largest platform for sourcing, hiring and managing remote tech talent in US time zones, becomes the undisputed leader in providing US companies access to high-quality Latin American tale
Venture CapitalCoachHub raises $200M Series C Funding led by Sofina and SoftBank Vision Fund 2
Digital coaching platform CoachHub plans to further expand in the Asia Pacific and other regions of the world after raising a $200 million Series C. The round, led by Sofina and Softbank Vision Fund 2, comes just eight months after the s
TopicsHow the Future of Work will Improve the Employee Experience
Since the start of the internet, we have slowly transitioned from an analog species to a digital species: Homo Digitalis. Nowadays, for most of humanity, the internet has become the norm, and we spend many hours per day on the internet and
Venture CapitalEthena Raises $30M in Series B for Modern and Effective Compliance Training
We’ve grown so much in the past year, and we’re just getting started Less than a year ago, Ethena announced our $15.5 million series A , and we’re delighted to announce that we’ve raised an additional $30 million Series B to build out Ethen
Venture CapitalBryq AI Talent Intelligence Raises $4 Million in Pre-Series A Funding Towards Building the Future of Work
ATHENS, Greece — Bryq, the AI Talent Intelligence platform, announced today that it has raised a $4 million pre-Series A round, led by No Such Ventures along with existing investor Big Pi Ventures. In 2021, Bryq’s revenue increased by more
Venture CapitalWorkGenius, a freelance technology company, acquires US based JBC, a staffing company
NEW YORK , June 8, 2022 /PRNewswire/ -- WorkGenius, a freelance technology company has acquired US based JBC, a staffing company, in a landmark deal that together, will aim to transform the freelance staffing industry through proven opera
Venture CapitalRetail Employment Marketplace Reflex gets $4.5M Seed Funding
AUSTIN — Reflex , the online marketplace that helps brands find and connect with retail superheroes on-demand, today emerged from stealth and announced its $4.5 million oversubscribed seed funding round. Indicator Ventures led the round, w
TopicsMicrosoft announces four new employee workforce initiatives
Today, Microsoft is announcing new changes and investments aimed at further deepening our employee relationships and enhancing our workplace culture. Specifically, we are making changes to U.S. based policies and practices related to noncom
Venture CapitalModern Compliance Training Startup Ethena Announces $30 Million Series B
BROOKLYN, N.Y. , June 7, 2022 /PRNewswire/ -- Ethena , a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew,
Venture CapitalOpal Raises $10M in Series A Funding
Opal continues to empower enterprises to scale their access management processes and boost their security posture. In 2020, we founded Opal to help organizations manage access with the principle of least privilege , where employees are gra
Venture CapitalTeal Raises $6.3 million Seed Round to Champion Career Growth and Optimize the Job Search
Funding will be used to expand Teal's job search tools and build a recommendation engine that helps people learn the right skills to grow in a career they love MIAMI , June 7, 2022 /PRNewswire/ -- Teal , a company that empowers people to
TopicsWhy is People Analytics so Important for HR?
Today’s labour market is tight. Because of the change of environment brought on by the pandemic, social unrest and the great resignation, business leaders and HR professionals are working to learn more about people analytics and how it can
Venture CapitalGo1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform
Editor's note：The market for online education receives a lot of attention in the wake of COVID-19. Australia-based Go1 — one of the rising stars in the world of enterprise learning — is announcing a significant $100 million funding round an
JoshBersinJosh Bersin: ServiceNow Acquires Hitch: Entering The Skills And HCM Market
Today was some big news. ServiceNow, the leader in enterprise workflow and employee experience platforms, announced the acquisition of Hitch , a small player in the massive market for skills technology and talent marketplace solutions. Thi
Venture CapitalServiceNow to Acquire Hitch Works to Help Customers Address Talent Gaps
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW) today announced it has signed an agreement to acquire Hitch Works, a skills mapping and intelligence company. Hitch will add a new layer of AI-powered skills insights to the indus
Venture CapitalHourWork Raises Additional $2.5 Million, Increasing Series A Round Fund Raise to $12.5 Million
BOSTON – HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, today announced the closing of $2.5 million in additional Series A funding led by MassMutual’s MM Catalyst Fund (MMCF), which jo
Venture CapitalFlorence raises $35m (£28.5m) series B funding to revolutionise social care
LONDON – June 1st, 2022 : Florence , the UK-based tech innovator for social care, today announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care i
Product NewsADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
ROSELAND, N.J. , June 2, 2022 /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May ADP ® National Employment Report ™ . Broadly distributed to the public each month, free of charge,
Venture CapitalRealWear Raises $23.5M to Turn Successful Industrial Wearable into High Growth Assisted Intelligence Platform Business
New funding will allow RealWear to build a fully integrated software, hardware and cloud subscription platform to further empower frontline workers Santa Clara, CA – June 1, 2022 – At Augmented World Expo (AWE), RealWear, the world’s leadin
Venture CapitalHourly.io Announces $27M Series A
We have some very exciting news to share—we raised $27 million! It’s such an incredible accomplishment for all our team members who worked hard to get us here, and we’re grateful to our new and existing investors who believe in our vision t
Venture CapitalFlexa Careers Raises £2.3M in Seed Funding
Flexa Careers , a London, UK – based platform bringing transparency to the hiring market, raised £2.3m ($2.9m/€2.7m) in seed funding. The round was led by Ada Ventures and joined by Auxxo Female Catalyst Fund, angel syndicate HERmesa, and a
EarningsHIRE Technologies Reports $9.1 Million in Revenue, Its Sixth Consecutive Quarter of Revenue Growth
Revenue of $9.1 million for the quarter ended March 31, 2022, up 66% from Q1-2021. Gross margin of $4.5 million was almost double the $2.3 million reported for the first quarter of 2021. Adjusted EBITDA 1 was $1.0 million ($0.1 million - M
OpinionWhat Will The Future of HR Look Like in 2030?
If the turn of 2020 didn’t teach business and HR professionals anything but one thing, it is that the world of work is vastly changing. The good news is that as reported by Sage, 72% of HR say they now have more influence in human capital m
Venture Capital$43M Series B brings Zip’s valuation to $1.2B
Before we founded Zip, we experienced firsthand the frustrations of the traditional procurement process and the friction it creates for businesses that are trying to innovate quickly— especially in a world where purchasing is becoming more
InfluencersHR Influencers: Laurie Ruettimann
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
InfluencersHR Influencers: Tim Sackett
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
InfluencersHR Influencers: Trish McFarlane
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
Workday Announces Fiscal 2023 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.43 Billion , Up 22.1% Year Over Year Subscription Revenues of $1.27 Billion , Up 23.2% Year Over Year 24-Month Subscription Revenue Backlog of $7.97 Billion , Up 20.9% Year Over Year Total Subscr
Assembled Raises $51 Million in Series B Funding to Accelerate Workforce Management Platform
Funding will bolster company's ability to assist leading companies across industries craft efficient, world-class customer experiences SAN FRANCISCO , May 26, 2022 /PRNewswire/ -- Assembled, the leader in workforce management for modern s
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