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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Pangeam Secures $4.25 Million Seed Funding to Launch Revolutionary AI-Powered Workplace Analytics Platform
Pangeam has introduced an innovative enterprise B2B SaaS platform designed to enhance workplace environments through advanced social-spatial analytics. Leveraging anonymous AI sensing and deep learning, the platform offers insightful metric
Product NewsClockwise Launches AI Calendar Prism to Offer Better-Than-Human Scheduling
Clockwise introduces Prism, a transformative visual calendar interface enhanced by AI, designed to optimize scheduling for over 40,000 organizations. This interface integrates a custom-tuned Large Language Model (LLM) with sophisticated alg
Product NewsLattice Unveils Game-Changing HRIS at Lattiverse: A New Era in People Management
Lattice announced the official launch of its highly anticipated Human Resources Information System (HRIS) on October 8th. The full functionality of Lattice HRIS will be showcased at the annual Lattiverse conference. After a successful earl
Product NewsSense Launches Career Site Solution to Help Companies Improve Candidate Experience
Sense , a leader in AI-driven talent engagement solutions, has launched a new Career Sites product designed to enhance the hiring process, elevate employer branding, and improve the candidate experience. The platform allows companies to bui
Product NewsVivian Health Revolutionizes Healthcare Hiring with New AI-Driven Features, Surpasses 2M Users
Vivian Health , a leading healthcare talent marketplace with over 2 million users, has launched new features designed to streamline the job search process for healthcare professionals. These enhancements include reusable reference checks, a
Company NewsUpwork Shatters Financial Records with $22.2M Net Income in Q2 2024
Upwork Inc. (Nasdaq: UPWK), reported its financial results for Q2 2024, showcasing a robust performance with a record GAAP net income of $22.2 million and a 15% year-over-year revenue growth to $193.1 million. The company achieved a dilute
Venture CapitalEma Secures $50M in Series A Funding to Revolutionize Workplace Efficiency with AI
Ema , a leading generative AI company, announced the increase of its Series A funding to $50M, bringing its total raised to $61M. The latest $36M addition was led by Accel and Section 32, with participation from several notable investors. E
Company NewsSalesforce and Workday Form Strategic Partnership, Unveil New AI Employee Service Agent
Salesforce and Workday have announced a strategic partnership to develop an AI-powered employee service agent that enhances productivity, lowers costs, and improves employee experiences. By integrating Salesforce's CRM data with Workday's H
NewsDeel is acquiring Hofy
Fast-growing payroll provider Deel has acquired Hofy , a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. Th
Product NewsLattice to Become the First Company to Introduce Digital Worker Employee Records
Lattice has made a groundbreaking announcement as the first company to introduce official employee records for digital workers. Recognizing the profound impact of AI on the global workforce, Lattice aims to ensure transparent and accountabl
Product NewsZappyhire Launches ZappyVue: Revolutionizing US Talent Acquisition with Automated Video Interviewing
Zappyhire , a leading provider of AI-powered recruitment automation software, has launched ZappyVue in the US. This innovative automated video interviewing platform aims to revolutionize talent acquisition by enhancing the efficiency of scr
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 CapitalKarmaCheck Secures $45M Series B to Revolutionize Background Checks with AI Technology
KarmaCheck , a leader in technology-based background checks and credentialing, announced a $45 million Series B funding round led by Parameter Ventures. Founded by LinkedIn co-founder Eric Ly, KarmaCheck leverages advanced technology and AI
Product NewsLattice Adds Payroll, Powering Strategic Pay Cycles for High-Growth Companies
Lattice, a leading people platform, has announced the launch of Lattice Payroll, an end-to-end payroll solution integrated into its HRIS and Talent Suite. This solution aims to help mid-sized and growing companies streamline payroll process
Product NewsCulture Amp Introduces People Analytics
Culture Amp , a leader in employee experience platforms, announces the launch of its new People Analytics product, available from June 30, 2024. This innovative solution, following the acquisition of Orgnostic, integrates with Culture Amp's
Venture CapitalNomad Health Lands $22 Million Investment: A New Era Under CEO Justin Lambert
Nomad Health , a leading digital marketplace for healthcare jobs, has successfully raised $22 million in a funding round led by HealthQuest Capital with participation from several notable firms. With this investment, Nomad Health has also a
Product News15Five Unveils Latest Platform Evolution, Giving HR Leaders a Strategic Command Center for Performance Management
15Five has unveiled a major evolution of its performance management platform, designed to enhance HR teams' ability to analyze and act on employee performance, engagement, and retention data. The new features include advanced demographic an
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
Product NewsSkedulo launches new Scheduling Experience to help field-workers navigate the complexities of mobile work
Skedulo, a leading provider of mobile workforce management solutions, has launched a suite of new product features designed to enhance scheduling, mobile, platform, and developer experiences. The new offerings aim to empower deskless worker
Product NewsFountain Launches New AI Products to Help Customers Manage Frontline Workforce
Fountain , the leading platform for frontline workforce management, has introduced four new products: Fountain Assist, Fountain I-9 Center, Fountain Reach, and Fountain Communicate. These tools are designed to enhance hiring, onboarding, an
Venture CapitalSona, next-generation workforce management for frontline, raises $27.5M Series A led by Felicis
Sona , an advanced workforce management platform for frontline enterprises, announced a $27.5M Series A funding led by Felicis, with participation from Northzone, Gradient, and others. This brings Sona's total funding to over $40M. The capi
Venture CapitalAnthropos raises $2.7M to help companies build the workforce of the future using AI
Anthropos , a startup with offices in the US and Switzerland, has raised $2.7 million in pre-seed funding to address the pressing issues of talent shortage and skills development. The platform, founded by Stefano Bellasio and Giacomo Marina
Product NewsSense Announces Conversational Voice AI for Recruiting
Sense has unveiled its latest innovation, Sense Conversational Voice AI, which integrates with the company's existing Recruiting Automation, Chatbot, and Messaging products. This new technology automates candidate outreach, screening, and s
Product NewsRippling Launches Performance Management
SAN FRANCISCO, May 08, 2024 -- Rippling , the leading unified workforce management platform, today launched Performance Management . With Performance Management, Rippling customers can run global performance review cycles with 360º feedba
Product NewsSense AI Products Pass Bias Audit Conducted by Holistic AI
Sense , a leader in AI-driven talent engagement, has announced that its AI Chatbot and Candidate Matching products passed a bias audit by Holistic AI. This audit ensures compliance with New York City's Local Law 144, which mandates bias aud
Venture CapitalChangeEngine Secures $10 Million Series A Funding To Bring AI-Powered CX Innovation To The Employee Experience
ChangeEngine, a platform uniting Marketing & People teams, announced a $10 million Series A funding led by Threshold Ventures, Struck Capital, and Bonfire Ventures. The investment will enhance hiring, innovate the platform with advanced ana
EarningsUpwork Reports First Quarter 2024 Financial Results
Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven
Product NewsCrosschq Launches Insights, First-of-its-Kind Recruiting Analytics and Quality of Hire Engine
Crosschq, the pioneer in Hiring Intelligence, has launched "Crosschq Insights," a revolutionary recruiting analytics platform designed to enhance the Quality of Hire. This new tool integrates data from various sources, including ATS, HRIS,
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
Venture CapitalRIVET raises $6 Million to expand Workforce Management to more contractors
Rivet.Work a leading Workforce Management platform for electrical construction, has successfully secured $6 million in funding, led by Brick & Mortar Ventures, with participation from other investors including defy.vc. This new capital br
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