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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300O.C. Tanner Unveils AI-Enabled Insight Tools to Improve Employee Experience
O.C. Tanner’s Culture Intelligence suite introduces AI-driven tools to its Culture Cloud platform, aimed at enhancing employee experience through inclusivity and meaningful recognition. This suite, built on years of workplace culture resear
Venture CapitalFirst Advantage Completes Acquisition of Sterling Check for $2.2 Billion
First Advantage Corporation (NASDAQ: FA) has successfully completed its acquisition of Sterling Check Corp. for $2.2 billion, including assumed debt. This strategic move enhances First Advantage's global presence and product offerings in ba
EarningsInsperity Announces Third Quarter Results
Insperity, Inc. reported its third-quarter 2024 results, showcasing a slight decrease in worksite employees (WSEEs) by 2% year-over-year, with a total of 309,088 WSEEs. Despite this, Q3 net income stood at $3 million with a diluted EPS of $
Venture CapitalToothio Raises Additional $5M to Address Dental Staffing Shortage
Toothio , a leading digital marketplace for dental staffing, has announced an additional $5 million in financing led by nvp capital and Craft Ventures, with several other investors participating. This funding supports Toothio's expansion in
EarningsADP Fiscal Q1 2025 Earnings: Revenues Climb to $4.8 Billion, Marking a Strong Start
ADP announced robust first quarter fiscal 2025 results with a 7% increase in revenue reaching $4.8 billion and a 13% increase in diluted EPS at $2.34. Significant highlights include the acquisition of WorkForce Software and the launch of AD
Product NewsPaycor Launches Integration Platform to Transform Connectivity
Paycor has launched its new Integration Platform, aimed at simplifying the connection between its human capital management (HCM) software and third-party business applications. The platform offers three core services: Paycor Marketplace wit
EarningsTriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges
TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he
Product NewsSE Healthcare Launches PulseCheck: A Real-Time Solution for Addressing Burnout and Workforce Engagement
SE Healthcare has launched PulseCheck, a real-time tool designed to monitor employee burnout and workforce engagement in healthcare organizations. Aimed at supplementing SE Healthcare's Burnout Prevention Program®, PulseCheck offers frequen
Venture CapitalBullhorn Ventures Invests in Staffing Referrals to Automate and Scale Agencies' Referral Programs
Bullhorn Ventures has announced its investment in Staffing Referrals, the top automated referral management (ARM) platform, on October 17, 2024. The partnership aims to help staffing agencies reduce reliance on job boards and improve the qu
Product NewsPerceptyx Launches CWT: Empowering Leaders with Data for Superior Employee Experience
Perceptyx , a leader in employee experience transformation, launched the Center for Workforce Transformation (CWT) on October 15, 2024. CWT is dedicated to improving workplaces through data-driven research and actionable insights. It will f
Product NewsReal-Time Talent Planning: Gloat Launches AI-Driven Skills Planner and Studio
Gloat , an AI-driven workforce agility leader, has introduced two new products—Skills Planner and Studio—designed to empower HR leaders with proactive, data-driven decision-making capabilities. These solutions help organizations align talen
Venture CapitalZeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce
Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat
Venture CapitalCareerminds Acquires Progression To Enhance AI-Driven Career Development Solutions
Careerminds , a global provider of outplacement and career development services, has acquired Progression , a UK-based SaaS company specializing in AI-powered career framework solutions. Progression's platform helps organizations build scal
ColumnPaychex, Inc. Reports Solid First Quarter Results
Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th
Product NewsPrimePay Introduces New People Analytics to Drive Business Outcomes
PrimePay has launched PrimePay Analytics, a groundbreaking people analytics platform designed to help businesses drive growth, retention, and profitability by leveraging workforce, performance, and financial data. The platform aims to close
Product NewsPaycor Launches Cutting-Edge Time-Off Management Tools to Boost Productivity
Paycor HCM, Inc. has announced innovative time-off management features that streamline operations and improve employee well-being. These new tools enhance real-time visibility, automate approval processes, and help leaders prevent burnout.
Venture CapitalArya Health Secures $4M to Lead AI-Powered Workforce Automation in Healthcare
Arya Health , a healthcare workforce automation platform, announced the closing of a $4 million seed funding round led by Twelve Below. This funding will help Arya Health expand its AI-driven workforce management tools, which include automa
Product Newschievers Launches AI Inclusion Coach to Promote Recognition Experiences Built on Belonging
Achievers has launched the AI-powered Inclusion Coach , a tool designed to reduce unconscious bias in employee recognition by analyzing and suggesting improvements to recognition text in real time. This tool, built on Achievers’ proprietar
Product NewsWorkday Announces Workday Wellness, A New AI-Powered Solution to Help Companies Deliver More Personalized Health Benefits
Workday has launched Workday Wellness, an AI-powered solution designed to help companies deliver personalized health benefits based on employee preferences. Through a real-time data exchange with wellness partners, companies can easily acce
Product NewsSpring Health Introduces First Manager Solution to Provide Leaders with Personalized Mental Health Support
Spring Health has launched a groundbreaking manager experience solution within its platform, aimed at supporting workplace leaders by providing essential resources for mental health and leadership development. This comprehensive offering in
Venture CapitalStride Funding, Now Clasp, Closes More Than $10 Million Oversubscribed Venture Round Led by Crosslink Capital
Clasp, formerly known as Stride Funding, has closed an oversubscribed venture round of over $10 million led by Crosslink Capital, bringing its total funding to more than $30 million. Focused on reducing student debt and improving talent ret
Company NewsEngagedly Announces the Top 100 Global HR Influencers of 2024
The Eighth Annual list celebrates the achievements of people strategists who are driving impactful change in the workplace. ST. LOUIS, Sept. 11, 2024 — Engagedly, the world’s most adaptable and connected employee experience platform, proud
Company NewsMployer Launches Insights+ The Industry's First Employee Benefits Rating
Mployer, a leading provider of employee benefits ratings and analytics, has launched Insights+, an innovative tool that allows employers, employees, and brokers to rate their benefit plans against similar companies. This free solution offer
Product NewsCareConnect Announces Home Care Insights and relaunches Home Care Centric Applicant Tracking
CareConnect , a leader in home care AI, software, and services, has launched "Home Care Insights," a new platform offering healthcare organizations data-driven insights to enhance caregiver recruitment, engagement, and retention. This free
Company NewsWorkday Global Workforce Report: Job Market Tightens as AI Reshapes Hiring Processes
Workday's Global Workforce Report for the first half of 2024 highlights a notable trend in the labor market: job applications are increasing four times faster than job openings, creating a competitive landscape for job seekers. Despite this
Venture CapitalNayya Secures Strategic Investment from Workday Ventures to Enhance Employee Benefits Experience
Nayya , a leader in the benefits experience platform, announced a strategic investment from Workday Ventures to enhance how employees engage with and choose their benefits. This collaboration aims to simplify the benefits selection process
Venture CapitalSeries A Success: Thatch Secures $38M to Reinvent Health Benefits for All
Thatch , a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand
Product NewsPapaya Global Unveils Rapid Payroll Platform: Global Compliance in 4 Weeks!
Papaya Global is revolutionizing payroll and payments for multinational companies with its tech-first platform, capable of streamlining global payroll processes in just four weeks, a stark contrast to traditional methods that take years. By
Venture CapitalMilan-Based Skillvue Raises $2.8M to Lead Skills-Based Recruitment Revolution
Skillvue , an HR tech startup based in Milan, announced a $2.8 million funding round for its AI platform, which facilitates a skills-based approach in recruitment, talent development, and internal mobility. Founded in 2021 by Nicolò Mazzocc
Venture CapitalFleet Accelerates with $2.5M Seed Round: Driving the Future of Commuter Benefits
Fleet has announced the closure of its $2.5 million seed round led by Congruent Ventures, reaching a total of $5 million in venture capital. This funding supports Fleet's focus on enhancing its commuter benefits management platform, whic
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