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Venture Capital

Recruitment Smart Wins £2M to Transform Middle East Talent Acquisition with AI

Recruitment Smart , a leader in AI-driven talent acquisition, has secured £2 million in funding to expand its operations in the Middle East and enhance its innovative solutions. The investment, backed by Black Finch Ventures, Aran Ventures,

Jun 19, 2024
Venture Capital

Bullhorn acquires Textkernel to accelerate its AI strategy

Bullhorn , a major player in staffing solutions, has acquired Amsterdam-based Textkernel , a leader in Sourcing AI technologies. This move is pivotal for Bullhorn’s AI strategy, enhancing their offerings with Textkernel's advanced parsing a

Jun 18, 2024
Earnings

Korn Ferry Announces Fourth Quarter and Full Year FY'24 Results of Operations

Korn Ferry reported its Q4 FY'24 fee revenue at $690.8 million, a 5% decrease from the previous year, and full-year revenue of $2.76 billion, down 3%. Despite the revenue decline, the company saw improved profitability with Q4 net income of

Jun 13, 2024
Venture Capital

Amsterdam based Carv raises $10M to offload admin from recruiters and realize recruiter-AI synergy

Carv, a recruitment AI company based in Amsterdam, has secured $10 million in seed funding from investors including Global Founders Capital and prominent angel investors. The funding aims to accelerate Carv's growth and enhance its platform

Jun 4, 2024
Venture Capital

Ashby 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

Jun 3, 2024
Company News

Plum Teams Up with hireEZ to Improve Recruiting Outcomes Through Job Matching

Plum and hireEZ have announced a strategic partnership aimed at revolutionizing talent acquisition and management. By combining Plum's psychometric solutions and hireEZ's AI-driven talent acquisition platform, this collaboration provides or

May 29, 2024
Venture Capital

Humanly Acquires Teamable, Introducing an AI-First End-to-End Recruiting Powerhouse

Humanly , a leading AI-powered recruiting solutions provider, has acquired Teamable to solidify its position as a comprehensive end-to-end solution in talent acquisition. This acquisition will allow Humanly to offer an integrated suite of t

May 28, 2024
Column

Workday's Q1 FY2025: A Surge in Revenues and AI-Driven Growth

Workday, Inc. reported impressive fiscal 2025 first-quarter results, showcasing strong revenue growth and significant improvements in profitability. Total revenues reached $1.990 billion, an 18.1% year-over-year increase, while subscription

May 23, 2024
Column

hireEZ Partners With Leading Job Boards, Introduces 'Sourcing Hub' Feature

hireEZ has introduced Sourcing Hub, a new platform feature providing direct access to candidate profiles from job boards like Monster, Resume-Library, and CV-Library. This innovation integrates active talent from these job boards with hireE

May 21, 2024
Company News

Josh Bersin Company Launches AI Assistant Galileo™ to Transform HR Management

At Irresistible 2024, The Josh Bersin Company announced the general availability of Galileo™, an AI assistant designed to support HR professionals. Galileo is already in use by over 10,000 HR professionals across more than 60 Global 2000 or

May 20, 2024
Product News

Harri Announces Product Innovation Designed to Propel the Frontline Employee Experience and Restaurant Profitability

Harri , a leading Frontline Employee Experience platform, has announced its latest product release, featuring 70 new features and updates designed to enhance the efficiency and engagement of hospitality organizations. The Summer 2024 Releas

May 16, 2024
Product News

Eightfold AI Talent Tracking Brings an AI-native ATS to Every Organization

Eightfold AI  has launched Eightfold Talent Tracking, an AI-native, end-to-end talent acquisition system, replacing traditional applicant tracking systems. This innovative solution integrates seamlessly with Eightfold's Talent Intelligence

May 15, 2024
Product News

Sense 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

May 14, 2024
Product News

ServiceNow unveils new AI-powered capabilities to help improve employee experiences, supercharge talent development, and optimize in-person work

ServiceNow   announced new AI-powered enhancements at Knowledge 2024, aimed at improving talent development and optimizing workplace collaboration. These include integrating AI into learning experiences to better understand skills and suppo

May 10, 2024
Product News

Sense 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

May 8, 2024
Product News

Talroo Releases AutoPilot for Talent Acquisition Teams and Recruiters That Uses Real-Time Data to Find Qualified Talent Audiences

Talroo has introduced AutoPilot Smart Bidding, a groundbreaking recruitment technology enhancing job visibility and reducing hiring costs. Leveraging an AI-driven engine, it offers real-time data analysis to optimize job placements and attr

May 8, 2024
Venture Capital

ServiceNow acquires Advance Solutions IP to enhance talent acquisition experience

ServiceNow has acquired Intella, an end-to-end talent acquisition solution from Advance Solutions Corp., to enhance its Now Platform. This acquisition streamlines the recruitment, hiring, and onboarding processes, integrating these function

May 8, 2024
Company News

New 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

May 7, 2024
Earnings

Heidrick & Struggles Reports Strong Q1 2024 Earnings, with Strategic Acquisitions Boosting Growth

Heidrick & Struggles International, Inc. reported an 11% year-over-year increase in quarterly revenue, totaling $265.2 million for Q1 2024. The company also declared a quarterly cash dividend of $0.15 per share. Despite the acquisitions of

May 6, 2024
Product News

Nexxt.com Unveils Cutting-Edge Candidate Search and Recruitment Automation Solutions

Nexxt.com , a pioneer in HR technology, has launched the Nexxt Talent Sourcing Platform, aiming to revolutionize talent acquisition with advanced automation. This innovative solution addresses the dissatisfaction of 75% of companies with cu

May 6, 2024
Earnings

Paylocity Announces Third Quarter Fiscal Year 2024 Financial Results

Paylocity Holding Corporation reported strong financial results for Q3 of fiscal year 2024, with a significant 18% increase in total revenue, reaching $401.3 million. Recurring and other revenues also rose by 17%, totaling $366.8 million. A

May 2, 2024
Product News

Phenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management

Phenom has unveiled a significant update to its HR tech offerings during the IAMPHENOM 2024 Product Innovation Keynote in Philadelphia. The update introduces several new features aimed at enhancing talent acquisition and management. These i

Apr 26, 2024
Venture Capital

Daxtra Acquires Leading Talent Acquisition Communications Hub PivotCX

Daxtra , a leader in AI-powered recruitment solutions, has acquired Indianapolis-based PivotCX, known for its talent acquisition and HR communications hub. The merger integrates PivotCX’s communication tools into Daxtra’s suite, enhancing t

Apr 25, 2024
Product News

Crosschq 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,

Apr 24, 2024
Company News

hireEZ and IQTalent Partner to Include On-Demand Recruiting Staff With Sourcing and CRM Platform

hireEZ, a CRM platform tailored for recruiters, has formed a strategic partnership with IQTalent, a leader in full-cycle talent acquisition. This collaboration brings together hireEZ's technological solutions and IQTalent's recruitment expe

Apr 16, 2024
Product News

HiBob Introduces an Integrated Applicant Tracking System for Strategic Hiring

HiBob  introduces "Bob Hiring," a sophisticated Applicant Tracking System integrated into the wider HR platform, Bob. This new system, launched in New York and London, combines candidate, employee, and business data to facilitate informed d

Apr 16, 2024
Venture Capital

Cadient 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

Apr 10, 2024
Company News

SmartRecruiters' Global Footprint: Facilitating 100 Million Job Applications Signals Strong International Growth

SmartRecruiters , an innovative hiring platform, announces significant growth and strategic advancements, marking a notable presence in the global recruitment technology sector. The platform has achieved a milestone with over 100 million jo

Apr 4, 2024
Venture Capital

Wellfound Acquires Celential.ai: A Game-Changer for the Recruitment Industry

Wellfound announces its acquisition of Celential.ai , marking a significant stride in revolutionizing recruitment. Celential.ai, known for its innovative AI recruiting tool, has transformed the hiring landscape for startups by streamlining

Apr 4, 2024
Venture Capital

CareerArc Acquires Recruitment Video Platform Lumina

CareerArc  , a leading force in social recruiting solutions, has significantly expanded its capabilities by acquiring Lumina , the premier SaaS platform for producing visual job postings at scale. This strategic move not only enhances Caree

Apr 3, 2024
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