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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300NYC Startup Ropes Secures $3.1M to Expand Role-Specific Skill Evaluations
Ropes , a New York-based AI hiring startup, has raised $3.1 million in seed funding led by GSV Ventures to expand its innovative platform that assesses technical candidates based on real-world simulations. Unlike traditional tests or biased
Venture CapitalCanada-Based Ribbon Lands $8M to Build the AI-First Hiring Platform for High-Turnover Industries
Ribbon , an AI-native hiring platform, aims to fix the broken recruitment system by offering intelligent, voice-based interviews and real-time analytics that drastically reduce hiring times and improve candidate experiences. Backed by $8M i
Venture CapitalMarit Health Launches Groundbreaking Community-Powered Platform for Salary Transparency in Medicine, Secures $3.2M Seed Round
Marit Health , a newly launched platform designed to provide salary transparency for physicians and advanced practice providers (APPs), is revolutionizing the healthcare sector. Backed by $3.2 million in seed funding, Marit offers clinician
Company NewsDeloitte's '2025 Global Human Capital Trends' Aims to Help Leaders Navigate Complex Workplace Tensions
Deloitte's 2025 Global Human Capital Trends report explores the growing tensions between business needs and human workforce development. Based on insights from nearly 13,000 business and HR leaders across 93 countries, the report highlights
Venture CapitalJobGet Acquires Seasoned: AI & Automation Reshape Restaurant Hiring
JobGet has acquired Seasoned , strengthening its position as the leading hiring platform for hourly workers. This acquisition follows its recent purchase of Snagajob, extending its reach to over 100 million job seekers. Seasoned’s AI-powere
Company NewshireEZ and Talroo Partner to Unify High-Volume Hiring, Unlock Access to Millions of Frontline Worker Profiles for AI-Powered Sourcing
hireEZ and Talroo have announced a strategic partnership to enhance high-volume hiring by integrating AI-powered sourcing and frontline worker profiles. This collaboration grants hireEZ users exclusive access to Talroo’s TalentSync database
Product NewsRemote Unveils Recruit: AI-Powered Hiring with One-Click Global Onboarding
Remote has introduced Recruit , an AI-driven talent sourcing solution that simplifies global hiring by providing access to a vast talent intelligence dataset, smart sourcing capabilities, and one-click compliant hiring. Through its partners
Venture CapitalServiceNow to extend leading agentic AI to every employee for every corner of the business with acquisition of Moveworks
ServiceNow has signed a definitive agreement to acquire Moveworks, combining ServiceNow’s agentic AI and automation strengths with Moveworks’ front-end AI assistant and enterprise search capabilities. This move aims to deliver powerful AI-d
Company NewsFirst HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis
The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat
Venture CapitalEmploy Acquires Pillar: The Future of AI-Powered Hiring is Here
Employ has acquired Pillar, a leading AI interview intelligence platform, to enhance hiring efficiency and transform talent acquisition. By integrating Pillar’s AI-powered insights, Employ aims to eliminate inefficiencies, accelerate hiring
Venture CapitalHeyMilo Secures $2.2 Million to Interview and Evaluate Candidates at Scale with AI Agents
HeyMilo , an AI-powered candidate screening platform, has secured $2.2 million in seed funding led by Canaan Partners, highlighting the growing demand for AI-driven hiring solutions. HeyMilo automates the early interview process using AI ag
Company NewsZipRecruiter Announces Fourth Quarter and Full Year 2024 Results
ZipRecruiter reported annual revenue of $474 million, with Adjusted EBITDA reaching $78 million, representing a 16% margin. However, the company also posted a net loss of $12.9 million, resulting in a -3% net income margin. Despite macroeco
Venture CapitalAI-Powered Hiring: Perfect Secures $23M to Redefine Recruitment Efficiency
Perfect , an AI-driven recruitment platform, has secured $23M in Seed funding to revolutionize the hiring process through agentic AI. By automating candidate sourcing, interview scheduling, and job matching, Perfect reduces time-to-hire by
Venture CapitalAI-Driven Hiring Platform Mercor Secures $100M Series B, Reaching $2B Valuation Amid Rapid Growth
Mercor , an AI-driven recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B funding round, valuing the company at $2 billion. Led by Felicis, with participation from Benchmark, General Catalyst
Company NewsUpwork Reports Fourth Quarter and Full Year 2024 Financial Results
Upwork reported record-breaking financial results for Q4 2024 and the full year 2024 , achieving all-time highs in revenue ($769.3M, up 12%) , GAAP net income ($215.6M, up 360%) , and adjusted EBITDA ($167.6M, up 129%) . The company also sa
Venture CapitalConverzAI Secures $16M Series A to Transform Recruitment with AI-Powered Virtual Recruiters
Seattle-based ConverzAI has raised a $16M Series A funding round led by Menlo Ventures , with participation from Left Lane Capital, Foundation Capital, and Afore Capital . The company specializes in AI-powered virtual recruiters , automatin
Venture CapitalPhenom Acquires EDGE to Enhance Workforce Intelligence for Professional Services, IT Services, and Global Capability Centers
Phenom , an AI-driven HR technology leader, has acquired EDGE , a top resource management and talent mobility platform. This move enhances Phenom’s Intelligent Talent Experience platform with advanced resource planning capabilities, caterin
Venture CapitalConversational AI Leader Paradox Acquires People Analytics Platform Eqtble to Advance AI Vision
Paradox , a leader in conversational AI for talent acquisition, has acquired people analytics platform Eqtble . The acquisition aims to enhance AI-driven hiring intelligence by integrating Eqtble's expertise in workforce analytics with Para
Company NewsDayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth
Dayforce , a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6
Company NewsNationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG
Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By ado
Company NewsKforce Reports Fourth Quarter 2024 Revenue of $343.8 Million; Full Year 2024 EPS of $2.68 Per Share; Board of Directors Approves Increase in Quarterly Dividend for Sixth Consecutive Yea
Kforce Inc. (NYSE: KFRC) reported Q4 2024 revenue of $343.8 million , a 5.4% YoY decline , with a full-year 2024 revenue of $1.41 billion , down 7.4% YoY . Despite a stabilized demand for technology services, earnings per share (EPS) fell
Venture CapitalSquarePeg Raises $3.5M to Revolutionize AI-Driven Recruiting for Lean HR Teams
SquarePeg has raised a $3.5 million seed round led by Next Frontier Capital, with participation from Acadian Ventures, Bread & Butter Ventures, and Silicon Road Ventures, to refine its AI-driven candidate evaluation platform. Designed for m
Venture CapitalFinal Round AI Secures $6.88M in Oversubscribed Seed Funding to Transform the Job Search Journey
Final Round AI has raised an oversubscribed $6.88 million seed funding round, led by Uncork Capital and supported by investors like HF0, Linear Capital, and Sky9 Capital. The company is redefining job searches with its Interview Copilot ,
Company NewsManpowerGroup Reports 4th Quarter 2024 Results
ManpowerGroup (NYSE: MAN) reported Q4 2024 revenues of $4.4 billion, marking a 5% YoY decline (-3% in constant currency). The company recorded net earnings of $22.5 million, or $0.47 per diluted share, reversing a $84.5 million net loss in
Product NewsPaylocity Launches New Recruiting Features to Transform High-Volume Hiring
Paylocity has announced new features in its Recruiting platform to address the challenges of high-volume hiring, particularly in industries like retail and hospitality. These enhancements include streamlined recruiter scheduling, candidate
Venture CapitalTeal Announces Series A Funding to Expand its AI-Powered Careers Platform, Bringing Total Financing Raised to $19 Million
Teal , an AI-powered career platform, has raised $7.5 million in Series A funding, bringing its total financing to $19 million. The funds will support global scaling and product development, including new AI-driven tools such as an AI Inter
Venture CapitalMaki Secures $28.6M to Revolutionize Talent Acquisition with Conversational AI
Maki , a leader in conversational AI for HR, has secured $28.6 million in Series A funding to redefine how organizations approach talent acquisition. With rapid growth in 2024 and large-scale partnerships with Fortune 500 companies, Maki’s
Product NewsHR Signal® Launches Lookalikes™, a Sourcing Platform for Recruiters That Uses AI to Find Better Candidates Instantly and Predict Their Interest in a New Job
HR Signal® has unveiled Lookalikes™, an AI-driven sourcing platform that redefines how recruiters discover and engage talent. By leveraging proprietary technology, Lookalikes™ allows recruiters to build candidate Archetypes, identify top ma
Venture CapitalHolly Secures $2.2M to Solve Million-Job Vacancy Crisis in Government Workforce
Holly, an AI-powered GovTech platform, has secured $2.2 million in pre-seed funding to address the million-job vacancy crisis in the government workforce. By modernizing outdated hiring systems, Holly accelerates recruitment for 24 million
Product NewsSense Releases Conversational Voice AI to Transform Candidate Engagement with Automated Phone Calls
Sense has unveiled its groundbreaking Conversational Voice AI , revolutionizing talent engagement by automating phone conversations for sourcing, screening, and scheduling. Integrated with Sense's powerful Recruiting Automation and Messagin
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