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Venture Capital

Clair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day

July 6, 2023 –  Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th

Jul 6, 2023
Venture Capital

AI-powered Social Media Screening SaaS startup Ferretly Raises $1.5M for its

AI-powered social media screening SaaS startup Ferretly has raised $1.5 million in seed funding in a round led by Bull City Venture Partners (BCVP). The platform helps companies align candidate character to corporate values by assessing onl

Jun 8, 2023
Acquisition

Global employee engagement platform, Reward Gateway acquired by worldwide leader in Employee Benefits, Edenred, for £1.15 bn

LONDON ,  May 16, 2023  -- Global employee engagement company,  Reward Gateway  has been acquired by the world's leading platform for people at work,  Edenred for £1.15 bn from funds managed by Abry Partners and Castik Capital. Together Ede

May 16, 2023
Earnings

Recruit Holdings released the 4th Quarter and Fiscal Year 2022 Financial Results

May 15, 2023/--Recruit Holdings just released their 4th quarter and FY 2022 financial results. Revenue for Q4 FY2022 increased 6.2%. On a US dollar basis, revenue decreased 6.7%. The supply and demand mismatch between job seekers and employ

May 15, 2023
Product News

LinkedIn Adjusts China Strategy: Cuts Jobs and Phases Out InCareer App Amid Competition

LinkedIn, the Microsoft-owned professional networking platform, has announced that it will be cutting 716 jobs and phasing out its local jobs app, InCareer, in China. The decision comes in the wake of "fierce competition and a challenging m

May 8, 2023
Company News

Paylocity Announces Third Quarter Fiscal Year 2023 Financial Results

Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the third quarter of fiscal year 2023, which ended March 31, 2023. "Our overall moment

May 4, 2023
Company News

Randstad Reports First Quarter 2023 Results, Organic Revenue Per Working Day Declined by 4.2% YoY

Randstad , the world’s largest talent company and a partner of choice to clients, today announced its financial results for the first quarter on May 3, 2023. Financial performance Revenue Organic revenue per working day declined by 4.2% YoY

May 4, 2023
Company News

Ceridian Reports First Quarter 2023 Results, Total Revenue Up 26.4% to $370.6 Million

Dayforce recurring revenue up 43.8% year-over-year, or 46.0% on a constant currency basis Total revenue of $370.6 million, up 26.4% year-over-year, or 29.3% on a constant currency basis Operating profit of $38.4 million and adjusted operati

May 4, 2023
Company News

Paycom Software, Inc. Reports First Quarter 2023 Results

First Quarter Revenues of $452 million, up 28% from the comparable prior year period First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share First Quarter Non-GAAP Net Income of $143 mil

May 3, 2023
Venture Capital

Belgian Startup Whale Raises 2.5 Million Euros To Boost Knowledge Sharing And Employee Training For Companies Worldwide

Belgian SaaS tech company  Whale  announced a 2.5 million Euros raise from existing investors Volta Ventures and Peak to allow companies to turn their process and SOP documentation into a channel for employee training and growth. The fundin

Apr 25, 2023
Venture Capital

London-based Pearson Closes Acquisition of PDRI

Acquisition to significantly expand Pearson’s services to U.S. Federal Government March 23, 2022, London –   Pearson  today announces it has completed the acquisition of  Personnel Decisions Research Institutes, LLC (‘PDRI’),  a trusted pro

Mar 26, 2023
Company News

Indeed, an American worldwide employment website, Lays Off 2,200 Workers Globally

MARCH 23, 2023/-- Indeed , an American worldwide employment website for job listings, lays off 2,200 workers globally. With sponsored job ads down 33% Indeed is reducing its workforce. This message was shared earlier today with Indeed emplo

Mar 23, 2023
Acquisition

Sterling Expands Through Acquisition of A-Check Global

NEW YORK — Sterling Check Corp. (NASDAQ: STER), a leading global provider of  background screening  and identity services, today announced that it has acquired A-Check Global in a highly complementary deal that will expand Sterling’s presen

Mar 2, 2023
Earnings

The Adecco Group: Q4 & Full Year 2022 Results, Fourth Quarter Revenues Up 5% Year Over Year to € 6.212 Billion

ZURICH ,  Feb. 28, 2023 -- The Adecco Group , the world’s leading talent advisory and solutions company, announced the fiscal 2022 fourth quarter and full year 2022 Results. Q4 HIGHLIGHTS Revenues +13% reported, +5% yoy organic TDA; up in a

Feb 28, 2023
Earnings

Paycor Announces Second Quarter Fiscal Year 2023 Financial Results,  Total Revenues up 29% Year-over-year to $132.9 Million

Q2  Total revenues of $ 132.9  million,  an increase  of  29%  year-over-year, while expanding margins Q2 Recurring revenue of $ 125.0  million, an increase of  22%  year-over-year, and the fifth consecutive quarter of achieving our long-te

Feb 8, 2023
Earnings

Paylocity Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenue up 39% Year-over-year to  $273.0 million

Q 2   2023  Recurring & Other Revenue of  $256.4  million,  up   31%  year-over-year Q 2   2023  Total Revenue of  $273.0  million,  up   39%  year-over-year SCHAUMBURG, Ill., Feb. 02, 2023 -- Paylocity Holding Corporation (Nasdaq: PCTY), a

Feb 2, 2023
Venture Capital

CAVU HCM Acquires Two Payroll Service Companies Continuing its Accelerated Growth

PEORIA, Ill. ,  Feb. 2, 2023  -- Today, CAVU Human Capital Management   (HCM), an emerging provider of technology, payroll, human resources, and workforce management solutions, announced it has acquired ABCS Payroll located in  DuBois, Penn

Feb 2, 2023
Earnings

ManpowerGroup Reports 4th Quarter 2022 Results

Revenues of  $4.8 billion  (-11% as reported, -1% constant currency (CC)) Gross profit margin of 18.2%, up 100 basis points year over year reflecting business mix progress and solid permanent recruitment trends Talent Solutions experienced

Jan 31, 2023
Column

ADP Reports Second Quarter Fiscal 2023 Results

ADP Reports Second Quarter Fiscal 2023 Results •Revenues increased 9% compared to last year's second quarter to $4.4 billion; 10% organic constant currency •Net earnings increased 17% to $813 million, and adjusted net earnings increased 17%

Jan 26, 2023
Venture Capital

DailyPay Announces $260 Million in New Funding

NEW YORK  -- DailyPay , a leading financial technology company, today announced it has secured  $260 million  of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided be

Jan 24, 2023
Column

LinkedIn Business Highlights from Microsoft’s FY23 Q2 Earnings

Microsoft announced  Q2 FY23 Earnings . Included in the report on the financial performance were the following LinkedIn highlights: People and companies continue to look to LinkedIn to connect, learn, sell, and get hired. In Q2, LinkedIn’s

Jan 24, 2023
Venture Capital

Howdy Extends Series A by $5 Million, Bringing Total to $18 Million Following a Full Rebrand

The rebrand comes as the company marks a 246% increase in year-over-year revenue growth and  $105 million  valuation AUSTIN, Texas ,  Jan. 10, 2023 -- Howdy , the Latin American (LATAM) hybrid workforce company formerly known as Astro, toda

Jan 10, 2023
Venture Capital

Teamed Raises $3.6M In Seed Round To Democratise Work-from Home Opportunities

Teamed , a UK-based HRTech startup focused on ‘work from home’, recently announced that it has raised £2.5M (USD $3.6 million) in a seed round led by Blackfinch Group alongside Nexus Investments and 1818 Venture Capital. With this new fundr

Dec 9, 2022
Earnings

Docebo Reports Third Quarter 2022 Results

TORONTO, ONTARIO - November 10, 2022 - Docebo Inc. (NASDAQ: DCBO; TSX:DCBO) (“Docebo” or the “Company”), a leading artificial intelligence (AI)-powered learning suite, today announced financial results for the three and nine months ended Se

Nov 11, 2022
Earnings

Paylocity Announces First Quarter Fiscal Year 2023 Financial Results

Q 1   2023  Recurring & Other Revenue of  $245.4  million,  up   36%  year-over-year Q 1   2023  Total Revenue of  $253.3  million,  up   39%  year-over-year SCHAUMBURG, Ill., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation

Nov 3, 2022
Earnings

Paycor Announces First Quarter Fiscal Year 2023 Financial Results

Q1  Total revenue of $ 118.3  million,  an increase  of  28%  year-over-year, while delivering increased profitability Q1 Recurring revenue of $ 114.2  million, an increase of  24%  year-over-year, driven by continued strong demand Raises F

Nov 3, 2022
Venture Capital

CloudPay Raises $50 Million and Reports High Growth as Payroll Evolution Continues

LONDON - Expert in global pay solutions, CloudPay,  has raised a new $50 million round of capital whilst recording strong growth as demand for cloud-based integrated global payroll and payments services continues. The funds raised were led

Oct 27, 2022
Venture Capital

【San Diego】Learnsoft Scales to Meet Increasing Training Demands for Highly Regulated Industries

Closes $16.7 Million Growth Financing by Elsewhere Partners  and  Names Seasoned Healthcare Technology Executive Robbie Abt as CE O San Diego, Calif. – September 1, 2022 —  Learnsoft , a technology leader meeting the unique training needs o

Sep 1, 2022
Company News

Humu Announces Scott Chancellor as its New Chief Executive Officer

Laszlo Bock , co-founder of Humu, steps into a new role as Executive Chairman with  Scott Chancellor  succeeding him as CEO. MOUNTAIN VIEW, Calif. ,  Aug. 24, 2022  /PRNewswire/ --  Humu , an HR technology company that uses science-backed n

Aug 25, 2022
Earnings

Paycor Announces Fourth Quarter and Fiscal Year 2022 Financial Results

Q4 Total revenue of $111.0 million, an increase of 26% year-over-year, with expanding margins FY’22 Total revenue of $429.4 million, an increase of 22% year-over-year FY’23 revenue guidance of $510-$516 million, an increase of 20 %  year-ov

Aug 23, 2022
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