Search results for “equity”
361 stories
The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Monster and CareerBuilder's Strategic Merger: Shaping the Future of Recruitment
Randstad, the world’s largest staffing firm, announced a merger between its Monster job board and CareerBuilder, a company owned by Apollo Funds. This union aims to enhance services for job seekers and employers by combining two well-known
Venture CapitalTokyo's HR Tech Leader SmartHR Secures $140 Million Series E Funding
KKR and Teachers' Venture Growth (TVG) have announced a $140 million Series E investment in SmartHR , a leading cloud-native human resources management platform in Japan. This funding will drive SmartHR's growth, including new solution deve
Venture CapitalHireRight Acquired for $1.7 Billion by General Atlantic and Stone Point Capital
HireRight Holdings Corporation has finalized its acquisition by General Atlantic and Stone Point Capital in an all-cash transaction valued at $1.7 billion. The merger, approved by HireRight stockholders on June 21, 2024, converts all outsta
Venture CapitalHueman Acquires PrincetonOne: A New Era of Specialized RPO Services
Hueman People Solutions, a leading recruitment process outsourcing (RPO) and talent acquisition firm, has acquired PrincetonOne, a notable RPO provider with expertise in the Pharmaceutical, Biotech, Life Sciences, Manufacturing, and Indus
Venture CapitalZRG Secures $120 Million in Debt Financing from Main Street Capital
ZRG , a global talent advisory firm, has secured $120 million in debt financing from Main Street Capital Corporation. This funding, along with a recent equity raise from RFE Investment Partners, will accelerate ZRG's growth strategy, includ
Venture CapitalRising Team Raises $8 Million Series A and Introduces Personalized AI Leadership Coach for Building High-Performing Teams
Rising Team, based in Menlo Park, California, has successfully secured $8 million in Series A funding led by Zeal Capital Partners. This investment will support the expansion of its team performance platform, focusing on AI enhancements, hi
Venture CapitalAshby Announces $30M Series C
Ashby , a rapidly growing recruiting platform, has secured an additional $30 million in equity financing, bringing their total raised to approximately $70 million. The Series C round, led by Lachy Groom with contributions from Elad Gil, F-P
Venture CapitalBridgepoint to back LumApps as majority investor for its next stage of growth
LumApps , a French startup known for its "intranet superapp" platform for internal communications and workforce applications, has announced that private equity firm Bridgepoint will acquire a majority stake in a $650 million deal. This tran
Venture CapitalPowerToFly Acquires Upskilling Platform Skillcrush
PowerToFly, a leader in talent management for diverse professionals, has acquired Skillcrush, an education platform focused on technical upskilling for underrepresented groups. This strategic move enhances PowerToFly's offerings, which incl
EarningsRecruit Holdings Reports FY2023 Earnings with ¥3,416.4 Billion Revenue and Significant Profit Growth
Recruit Holdings Co., Ltd. announced its financial results for FY2023, showing a slight revenue decrease but significant profitability improvements. Revenue was ¥3,416.4 billion, down 0.4%, while adjusted EBITDA rose 9.8% to ¥598.3 billion.
Company NewsIndeed to Lay Off 1,000 Employees in Strategic Move to Simplify Operations
Indeed , the career site, announced the layoff of approximately 1,000 employees, constituting about 8% of its U.S. workforce. This decision, conveyed through a letter from CEO Chris Hyams, primarily affects the Research & Development and Go
Company NewsNew Generation of AI Platforms Set to Revolutionize the $200 Billion HR Technology Market, Says Josh Bersin Company
The Josh Bersin Company has unveiled a significant shift in HR technology with the rise of Enterprise Talent Intelligence systems. These AI-driven platforms, moving beyond mere talent acquisition, now encompass career development, leadershi
Venture CapitalKelly enters agreement to acquire specialty talent solutions company, Motion Recruitment Partners, LLC
Kelly , a leading global talent solutions provider, has announced a significant agreement to acquire Motion Recruitment Partners, LLC (MRP), a specialty talent solutions company. This transformative acquisition aims to bolster Kelly's scale
EarningsInsperity Q1 2024 Earnings: Strong Performance Despite Economic Slowdown
Insperity, Inc. reported its Q1 2024 financial results, highlighting a 4% increase in gross profit to $345 million, driven by strong pricing and favorable benefits costs, despite a 1% decrease in average worksite employees paid. Net incom
EarningsTriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o
Venture CapitalRippling Raises $200 Million at $13.5 Billion Valuation to Expand Integrated Business Software Suite
Rippling has successfully secured $200 million in new financing and arranged for the repurchase of up to $590 million in equity, involving both current and former employees as well as early investors. This funding round, which values Rippli
Company NewsBrightmine empowers HR leaders with critical data, analytics and insight
Brightmine , formerly known as XpertHR, has rebranded to enhance its support for HR leaders through trusted data, AI technology, and expert insights. The company is responding to significant workforce changes with a product suite that inclu
Venture CapitalBarcelona-based Factorial secures $80M of Go-To-Market investment from General Catalyst to accelerate growth
Factorial , a Spanish HR platform, has secured an €80 million investment from U.S. VC firm General Catalyst. This investment, described not as a funding round but as a "go-to-market investment," is uniquely structured as contained debt aime
Venture CapitalCadient has been acquired by Basis Vectors Capital
Cadient , a frontrunner in talent acquisition for the hourly hiring sector, has been acquired by Basis Vectors Capital, a private equity firm specializing in B2B SaaS investments. This strategic move aims to accelerate Cadient’s growth and
Product NewsTrusaic Introduces New Global Pay Data Reporting Suite
Trusaic introduces a comprehensive suite of Global Pay Data Reporting solutions designed to assist organizations in navigating the intricate landscape of global pay data reporting requirements. With the advent of stringent regulations aimed
Venture CapitalCariloop Secures $20 Million in Series C Funding to Accelerate Growth and Expand Caregiver Support Solutions
Cariloop , a leading platform in comprehensive caregiver support, has successfully closed its Series C funding round with $20 million, led by ABS Capital. This investment underscores the significant growth and nationwide traction Cariloop h
Venture CapitalRemote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent
Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin
Venture CapitalModal Announces $25 Million Series A to Upskill Employees in AI
Modal, a premier skills development platform specializing in data and analytics training, has successfully secured a $25 million Series A funding led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital
Company NewsAlight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move
Venture CapitalVivup and Perkbox to Combine, Creating a World-Class, All-in-One Employee Wellbeing, Benefits and Engagement Platform
Vivup and Perkbox, leaders in employee wellbeing and benefits, have announced a merger with strategic investment from Great Hill Partners. This collaboration aims to create a top-tier platform for employee benefits and engagement, enhancing
Venture CapitalTeamspective Secures €900K Pre-Seed Funding in Finland: Elevating Employee Engagement with Cutting-Edge HRTech Solutions
Teamspective , a Finnish employee engagement startup, has secured €900,000 in pre-seed funding to enhance organizational health and team performance through data-driven insights. Utilizing AI to analyze employee engagement data, Teamspectiv
Company NewsCustomer Confidence, Trust in UKG Solutions Drive Strong Results for First-Quarter Fiscal 2024
UKG reported a successful first quarter for fiscal 2024, marked by strong customer loyalty and significant business growth. The period was notable for an increase in customer migrations to modern UKG solutions, particularly among larger cli
Company NewsHiBob Reimagined: The Story Behind the New Logo and Brand Evolution
HiBob introduces its brand evolution with a new logo reflecting modernity, growth, and innovation while maintaining core values. The redesign emphasizes functionality, flexibility, and fun, addressing previous confusions and strengthening b
Venture CapitalTava Health Raises $20 Million to Bridge the Gap in Mental Health Care with a Therapist-Centric Approach
Tava Health , a mental health platform, has raised $20 million in Series B funding led by Catalyst Investors. The investment will support product development, expansion of the provider network, and enhancement of partnerships with employers
Venture CapitalArgyle Secures $30M in Funding to Bolster Growth of the Payroll Connectivity Platform of the Future
Argyle , a leading provider of direct-source income and employment data, has closed a $30 million funding round, spearheaded by Rockefeller Asset Management’s Fintech Innovation Fund, with continued support from Bain Capital Ventures, Signa
Events
Never miss what matters in HR tech.
The deals, launches, and decisions shaping the future of work — distilled every week.