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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300OpenAI Introduces Custom Instructions for ChatGPT: A Game Changer for User Experience
OpenAI, a leading artificial intelligence research lab, has recently launched a new feature for its language model, ChatGPT - custom instructions. This feature, currently in beta, is initially available to Plus plan users and is expected to
Venture CapitalGushwork.ai Secures $2.1M in Pre-Seed Funding to Reinvent Business Process Outsourcing
Gushwork.ai, an AI-powered platform designed to help enterprises outsource complex operational workflows, has secured $2.1M in pre-seed funding. The round was led by Lightspeed and saw participation from B Capital, Sparrow Capital, Seaborne
EarningsKorn Ferry Announces Fourth Quarter and Full Year FY'23 Results of Operations
Los Angeles, CA, June 27, 2023 – Korn Ferry , a global organizational consulting firm, announced fourth quarter and annual fee revenue of $730.9 million and $2,835.4 million, respectively. In addition, fourth quarter diluted earnings per s
Venture CapitalThe World’s Largest Talent Company Randstad Has Reached an Agreement to Acquire Grupo CTC in Spain From Portobello Capital
Randstad NV , the world’s largest talent company announces that it has signed an agreement to acquire Grupo CTC in Spain. Grupo CTC provides outsourced industrial, logistics, and sales & marketing services to customers in its home market of
Company NewsWorkstream Launches First Multilingual AI Chatbot Built for Hourly Workforce Management
SAN FRANCISCO, July 18, 2023 - Workstream , the smart people management platform for the hourly workforce, announced today its new, groundbreaking multilingual and customizable AI chatbot, Workstream Assistant. As the flagship product in th
Venture CapitalAllied Benefit Systems, LLC Acquires Medxoom: the Acquisition Puts Allied at the Forefront of Creating the Next-generation User Experience
CHICAGO , July 18, 2023 -- Allied Benefit Systems, LLC ("Allied"), one of the nation's largest healthcare administrators for employee benefit plans, and its majority equityholder, funds managed by Stone Point Capital LLC , today announced
Company NewsA Human Transformation Company BetterUp Partners with the Employee Experience Platform Microsoft Viva to Drive Peak Performance and Well-Being for Millions in the Workplace
BetterUp unlocks human transformation to supercharge workplace performance, purpose, and productivity through new integration with Microsoft Viva San Francisco, CA – July 18, 2023 – BetterUp® , the human transformation company, today ann
ColumnHow an Increasingly Competitive Job Market Is Impacting the Employee Experience in 2023
We're in a different labor market, with fewer job requisitions and increased competition among job seekers. Read on to learn how to attract top talent and cultivate higher levels of employee resilience in this new environment. Organizations
Company NewsFrom Reviews to 'Bowls': Glassdoor's New Initiative Sparks Debate on Workplace Transparency
Glassdoor, renowned for enabling anonymous employer reviews, has introduced a new feature that allows anonymous discussions focused on specific employers and industries. These communities, termed "bowls", are a product of Glassdoor's acquis
Company NewsNexaLearning to Merge with A HR Consulting Firm JER HR Group to Deliver Expanded Organizational Development & Learning Services
NexaLearning will merge with JER HR Group LLC, a recognized leader in compensation, learning and HR consulting services. NEW YORK, NY – July 18, 2023 JER HR Group and NexaLearning jointly announce their plans for NexaLearning to join JER
Product NewsOffsite Raises $3 Million To Reconnect Remote and Hybrid Companies Through In-Person Experiences
NEW YORK , July 18, 2023 -- Offsite , the marketplace and tech-enabled services provider saving time, money, and stress for remote and hybrid companies planning team retreats, today announced it has raised $3 million to help create more c
Product NewsGoHappy, the Fast-Growing Frontline Employee Engagement Platform, Expands Operations to Canada
RICHMOND, Va. goHappy , America’s leading provider of frontline employee engagement solutions, is excited to announce its expansion into Canada. With its unique platform and commitment to fostering more engaged and connected frontline wor
Venture CapitalBlockchain-Based Employment Platform Opolis Raises $6.6M in Bridge Fundraising Round
Opolis, a blockchain-based platform for independent workers, has secured a bridge fundraising round of $6.6M. The round was led by Berlin-based crypto investment firm Greenfield, with additional investment from the NEAR Foundation, Draper A
Company NewsACI Learning Launches Proprietary AI-Powered Skills Gap Analysis Tool to Address Staff Knowledge Gaps
Organizations can use the 'Insights' tool to continuously identify knowledge gaps and provide the right type of training bundles when team members need it across audit, cybersecurity and IT DENVER , July 13, 2023 /-- ACI Learning , the aud
Company NewsNelsonHall Names Paylocity a Leader in its 2023 Next-Generation HCM Technology NEAT Report
SCHAUMBURG, Ill., July 13, 2023-- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, has achieved a Leader ranking in NelsonHall's 2023 Next-Generation HCM Technology NEAT report for both the Smal
Company NewsTruework Announces Guardian HR Product to Securely Automate Income Verifications for Payroll Providers
SAN FRANCISCO , July 13, 2023 -- Truework , a leading provider in verification of income and employment (VOIE) in the U.S., announced today the launch of Truework Guardian, a new verification automation tool for employees, employers and pa
Company NewsG-P Enhances G-P Meridian Suite with Latest Innovations
G-P Enhances G-P Meridian Suite with Latest Innovations to Make Global Growth Accessible to Everyone, Everywhere Company delivers new fintech enhancements, simplified self-service functionality and customizable compliant contracts for compa
Company NewsAdministrate, an Enterprise Training Operations Platform, Raises $6.4M to Automate & Solve Complex Training Logistics
BOZEMAN, Mont -- Administrate , the leading enterprise training operations platform, announced today that it had raised $6.4 million from existing investors Archangels, Mercia, and the Scottish Investment Bank, and that it had welcomed Ha
Company NewsUpwork Launches New Generative AI Tools and Services Hub, Creating Central Destination for Skilled AI Talent and Work
Generative AI-enabled experiences for talent and businesses on Upwork accelerate the movement towards AI-empowered workforces SAN FRANCISCO, Calif. - July 11, 2023 - Upwork (Nasdaq: UPWK), the world’s work marketplace, today announced a
Company NewsAstrumU and SHRM Partner to Transform Skills-Based Hiring for Workforce Development Investments
AstrumU, a leading AI data platform company that specializes in measuring non-traditional workforce skills, and the Society of Human Resource Management (SHRM) , today announced a partnership aimed at significantly improving how employers,
Venture CapitalMultinational Businesses Cheer UKG Acquisition of Immedis: Launch of UKG One View Transforms How Businesses Pay People Around the World
LOWELL, Mass., and WESTON, Fla., July 12, 2023 — UKG , a leading provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis , a leading global payroll provider with technology and s
Company NewsWorkday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning
PLEASANTON, Calif. , July 11, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the
Venture CapitalWorkforce Management Platform When I Work Acquires Fintech Startup Lean Financial
When I Work plans to introduce custom financial products for hourly workers in early 2024. MINNEAPOLIS – July 11, 2023 –Today, When I Work , a market leader in shift-based workforce management software used by more than 200,000 workplaces
Venture CapitalStaffing Firm Aequor Expands Its Expertise in Clinical, Scientific, IT & Healthcare Staffing Solutions through Acquisition of Collab Infotech
Aequor Technologies, a leading global provider of staffing, consulting, and technology solutions, is thrilled to announce the acquisition of Collab Infotech , a division of Collab USA, LLC, a highly reputable firm specializing in clinical,
Company NewsAsure Software Partners With Amazon Web Services Application Modernization Lab
Collaboration Creates Opportunities to Leverage Modern Advancements in Cloud Optimization and Artificial Intelligence for Ongoing Platform Development Strategic Partnership Allows Asure Opportunity to Provide Customers with Unprecedented, M
HR TechnologyCandorIQ: The YC-Backed Startup Making Waves in the HR Tech and FinTech Sectors
In the bustling world of startups, one name has recently caught our attention: CandorIQ. This innovative company, a proud member of Y Combinator's Summer 2023 batch, is on a mission to streamline headcount and compensation planning, promisi
Venture CapitalRecruitBot Secures Additional $8.2M, Totaling $11.2M in Seed Funding to Reinvent Recruiting with AI
San Francisco-based startup RecruitBot has raised an additional $8.2M in seed funding, bringing its total to $11.2M. The round was led by Slow Ventures, OCA, Freestyle, Parade, and Kevin Mehaffey. The company plans to use the funds to expan
Company NewsHR SaaS Provider Vantage Circle Opens Americas HQ In Calgary To Expand Its Market
Vantage Circle selected Calgary as headquarters for company’s Americas and international growth operations Special guests at the official opening included the CEO of Calgary Economic Development Brad Parry and the Mayor of Calgary Jyoti Gon
Venture CapitalPerceptionPredict Announces Strategic Acquisition, Expands Footprint into SMB Market
PerceptionPredict , a pioneer in performance intelligence systems for enterprise talent acquisition teams is elated to announce the strategic acquisition of a renowned company specializing in applicant tracking workflow tools for small-to-m
Venture CapitalAn Education Assistance Benefits Platform Tuition.io Acquires Wiley’s Tuition Manager Business
SAN MATEO, CA — Tuition.io , a leading education assistance benefits provider, has acquired Wiley’s (NYSE: WLY) Tuition Manager business, which enables employers to offer a range of tuition assistance benefits to their workforces. Terms
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