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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Upwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA
Product NewsSmartRecruiters Unveils Next-Gen SmartRecruiters Marketplace
SmartRecruiters announces the launch of its updated Marketplace, a cutting-edge hub designed to empower companies in creating their ideal recruitment ecosystem. With over 600 technology and 60 service partners, it stands as the most compreh
Company NewsInsperity Announces Fourth Quarter and Full Year 2023 Results
Breaking New Grounds: Insperity's Revenue Hits $6.5 Billion, Fueled by Expansion and Workday Collaboration In their latest financial report, Insperity showcased impressive growth with a 2023 revenue of $6.5 billion, up 9% year-over-year, an
ColumnMcLaren Racing Expands Partnership with Workday for the 2024 Formula 1 Season
McLaren Racing has announced the expansion of its partnership with Workday, a leader in enterprise cloud applications for finance and HR, into the 2024 Formula 1 season. Workday, continuing as an Official Partner, will feature its logo on t
Venture CapitalColossyan's Strategic Leap: Pioneering the Future of AI-Driven Corporate Learning with $22M Series A Funding
Colossyan , a Hungarian-founded, UK-based startup, has successfully raised $22 million in Series A funding, led by European VC firm Lakestar, to advance its AI-driven video production platform. This technology, designed to transform digital
FundingModern Benefits Leader, Benepass, Secures $20M in Funding
Benepass , a leader in modern benefits, announced a $20M funding round to expand its platform and accelerate product development. With over 100,000 employees from top companies using its services, the investment, led by Portage and Clocktow
Company NewsADP's Fiscal 2024 Q2 Report: A Financial Deep Dive into $4.7 Billion Revenue and Earnings Surge
ADP , a global leader in human capital management solutions, reported a 6% revenue increase in the second quarter of fiscal 2024, reaching $4.7 billion. The growth, consistent in organic constant currency, reflects the company's robust fina
Company NewsCarl Eschenbach Takes the Helm as Workday CEO
Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif. , Jan. 31, 2024 Workday (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and
EarningsServiceNow Reports Fourth Quarter and Full-Year 2023 Financial Results
ServiceNow , a leader in digital workflow solutions, has exceeded its guidance in all top-line growth and profitability metrics for Q4 2023. The company reported a remarkable 27% year-over-year growth in subscription revenues, reaching $2,3
Venture CapitalDailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
DailyPay, a New York City-based company specializing in on-demand pay solutions, has successfully raised over $175 million through a mix of debt and equity funding. This substantial financial injection includes $100 million in increased sec
Venture CapitalVestwell's Series D Success: Paving the Future of Fintech with $125 Million
Vestwell, a trailblazer in the savings platform sector, has successfully raised $125 million in its Series D funding round. This significant investment, led by Lightspeed Venture Partners and supported by other key investors, marks a major
Company NewsJim McCoy Takes the Reins at Atlas HXM to Bolster Global Business Alliances
Atlas Appoints Jim McCoy as New Chief Executive Officer to Enhance Global Enterprise Partnerships. Atlas HXM has appointed Jim McCoy, a seasoned leader from ManpowerGroup, as their new CEO. McCoy is recognized for his expertise in global wo
Venture CapitalRevolutionizing SME Insurance: Mulberri Raises $6.75M in Series A
Mulberri , an innovative AI-driven embedded business insurance platform, recently announced a successful $6.75 million Series A funding round led by Eos Venture Partners. This significant investment, with contributions from Hanover Technolo
Venture CapitalExectras' Game-Changing Moment: $30 Million Financing from Tacora to Boost SMB Services
Exectras , a prominent service provider for small and medium-sized businesses (SMBs), recently completed a significant debt financing deal with Tacora Capital, securing up to $30 million. This funding will drive the acquisition of merchant
Venture CapitalKahuna Workforce Solutions Raises $21M in Series B to Transform Frontline Skills Management
Kahuna Workforce Solutions recently secured a $21 million Series B funding from Resolve Growth Partners to enhance its skills management technology for frontline workers. This significant investment marks a milestone in Kahuna's growth traj
Venture CapitalEnable Powers Up with $120M Series D Funding to Revolutionize Rebate Management
Enable has secured a substantial $120M in Series D funding, placing its valuation at $1.12B, as it continues to revolutionize rebate management in the global supply chain. Emphasizing the simplicity and strategic importance of rebates, Enab
Venture CapitalKota Secures €5M Seed Funding: Revolutionizing Employee Benefits Management
Kota, a Dublin-based startup previously known as Yonder, has successfully raised €5 million in Seed funding. The funding round was spearheaded by EQT Ventures and saw participation from Northzone and Frontline Ventures. Established in 2022,
Venture CapitalRedefining Hospitality Workforce Management: New York's Harri Raises $43M in Latest Funding
Harri, a leader in Frontline Employee Experience technology, has successfully closed its Series B funding round, raising $43M led by Atalaya Capital Management and Golub Growth. The funding will accelerate Harri's expansion and innovation i
Venture CapitalADP Launches ADP Ventures,A Game-Changer in Human Capital Management?
ADP, a global leader in human capital management solutions, has announced the launch of its corporate venture capital arm, ADP Ventures. The new venture aims to invest in early-stage tech startups that align with ADP's innovation strategy.
Venture CapitalTransfr Secures $40 Million in Series C Funding to Revolutionize VR Workforce Training
Transfr, a New York-based startup, has raised $40 million in a Series C funding round to expand its VR-based workforce training platform. The funding will be used to scale the platform, develop new training simulations, and expand its langu
Company NewsPapaya Global Amplifies U.S. Workforce Capabilities with Comprehensive Payroll and EoR Solutions
With this expansion, Papaya Global provides a complete suite of solutions including Payroll, EoR and PEO, to drive growth by enabling global organizations to hire confidently in the US market TEL-AVIV, Israel , Sept. 12, 2023 - Papaya Glo
Company NewsProlucent And UKG Announce Technology Integration Partnership
DALLAS — Sept. 6, 2023 — Prolucent Health ®, a leading provider of enterprise-wide healthcare workforce optimization software and services, today announced a new technology partnership with UKG , a leading global provider of HR, payroll,
Product NewsCulture Amp Announces Partnership with Pave: Elevating Compensation Management for Businesses Worldwide
MELBOURNE and SAN FRANCISCO and NEW YORK and LONDON -- Culture Amp , the leading employee experience platform, today announces a partnership with Pave , the category-leading compensation management software company. This strategic all
Venture CapitalGympass Raises $85 Million in Series F Funding at $2.4 Billion Valuation, Strengthens Position as the Leading Global Corporate Wellness Platform
Funding comes in a record year for Gympass, as it nearly doubled its customer base to more than 15,000 and surpassed two million employee subscribers across its network of more than 50,000 partners Gympass delivers the best network of gyms,
Company NewsZipRecruiter Announces Technology Partnership with UKG to Bolster Enterprise Hiring and Streamline HR Workflows
SANTA MONICA, Calif., August 16 — ZipRecruiter , a leading online employment marketplace, announced its technology partnership with UKG — a leading provider of HR, payroll, and workforce management solutions for all people — to support ente
Venture CapitalFlo Recruit Announces $4.2 Million in Funding to Modernize Legal Recruiting
AUSTIN, Texas-- Flo Recruit , legal recruitment software unlocking data-driven strategy for law firms, announced that it has closed an oversubscribed $4.2M seed round led by LiveOak Venture Partners and Moneta Ventures with participation fr
Venture CapitalTERRA Staffing Group Expands to the Midwest with Acquisition of ASG Staffing
Everett, WA — TERRA Staffing Group ("TERRA"), an award-winning staffing firm headquarterd in the Pacific Northwest, is pleased to announce the acquisition of ASG Staffing, Inc. (“ASG”). TERRA is backed by Hastings Equity Partners (“Hastin
Venture CapitalDisprz Raises $30M in Series C Funding to Expand Presence in the US Market
MUMBAI, India-- Disprz, an AI-powered learning and skilling suite, has raised $30 Million in its Series C funding round led by Lumos Capital and 360 ONE Asset (IIFL), with participation from Kae Capital, KOIS, & Dallas Venture Capital. The
Venture CapitalAxuall Raises Series B-1 from Frist Cressey Ventures Which Backs Its Rapid Expansion
CLEVELAND, August 2, 2023 -- Axuall has announced the addition of First Cressey Ventures to its investor family with a Series B-1 investment following the company’s Series B funding in May 2023. Axuall has raised over $41 million from a com
Venture CapitalAvionté, A Leader in Enterprise Staffing and Recruiting Software, Acquires SimpleVMS
BLOOMINGTON, Minn.-- Avionté , a leader in enterprise staffing and recruiting software, announced today it acquired SimpleVMS , a vendor management system (VMS) for mid-to-large employers with a strong clerical and light industrial (CLI) c
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