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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Nava Benefits Has Raised a $40M Series B
SUMMARY Nava Benefits is thrilled to announce that we have raised $40 million in Series B funding. Hear from our co-founders, Brandon Weber and Donald DeSantis, on what the Nava team has achieved in the last two years, and how we will use t
Venture CapitalGen Z Recruiting Startup RippleMatch Raises $45 Million To Boost Job-Matching Technology
New York-based college recruiting startup RippleMatch raised $45 million in Series B funding, the company announced Wednesday. The investment values the company at $205 million as it bulks up to take on traditional job search giants like Li
Venture CapitalMultiverse Raises $220M Series D Funding to Expand Professional Apprenticeships
Editor's note: Multiverse - UK’s first ever EdTech unicorn - is building an outstanding alternative to university and corporate training via professional apprenticeships. It has announced a $220 million Series D funding round at a valuation
TopicsMicrosoft announces four new employee workforce initiatives
Today, Microsoft is announcing new changes and investments aimed at further deepening our employee relationships and enhancing our workplace culture. Specifically, we are making changes to U.S. based policies and practices related to noncom
Venture CapitalModern Compliance Training Startup Ethena Announces $30 Million Series B
BROOKLYN, N.Y. , June 7, 2022 /PRNewswire/ -- Ethena , a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew,
Venture CapitalTeal Raises $6.3 million Seed Round to Champion Career Growth and Optimize the Job Search
Funding will be used to expand Teal's job search tools and build a recommendation engine that helps people learn the right skills to grow in a career they love MIAMI , June 7, 2022 /PRNewswire/ -- Teal , a company that empowers people to
Venture CapitalGo1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform
Editor's note:The market for online education receives a lot of attention in the wake of COVID-19. Australia-based Go1 — one of the rising stars in the world of enterprise learning — is announcing a significant $100 million funding round an
Venture CapitalGuild Closes $175 Million in Series F Financing to Accelerate Mission, Expand With New Employer Partners in Dynamic, In-Demand Sectors
Denver, CO, June 02, 2022 (GLOBE NEWSWIRE) — With competition for frontline workers fiercer than ever due to structural shifts in the labor market, Guild , a Career Opportunity Platform, today announced a $175 million Series F financing ro
Venture CapitalServiceNow to Acquire Hitch Works to Help Customers Address Talent Gaps
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW) today announced it has signed an agreement to acquire Hitch Works, a skills mapping and intelligence company. Hitch will add a new layer of AI-powered skills insights to the indus
Venture CapitalHourWork Raises Additional $2.5 Million, Increasing Series A Round Fund Raise to $12.5 Million
BOSTON – HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, today announced the closing of $2.5 million in additional Series A funding led by MassMutual’s MM Catalyst Fund (MMCF), which jo
Venture CapitalFlorence raises $35m (£28.5m) series B funding to revolutionise social care
LONDON – June 1st, 2022 : Florence , the UK-based tech innovator for social care, today announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care i
Product NewsADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
ROSELAND, N.J. , June 2, 2022 /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May ADP ® National Employment Report ™ . Broadly distributed to the public each month, free of charge,
Venture CapitalRealWear Raises $23.5M to Turn Successful Industrial Wearable into High Growth Assisted Intelligence Platform Business
New funding will allow RealWear to build a fully integrated software, hardware and cloud subscription platform to further empower frontline workers Santa Clara, CA – June 1, 2022 – At Augmented World Expo (AWE), RealWear, the world’s leadin
Venture CapitalHourly.io Announces $27M Series A
We have some very exciting news to share—we raised $27 million! It’s such an incredible accomplishment for all our team members who worked hard to get us here, and we’re grateful to our new and existing investors who believe in our vision t
Company NewsUKG Names Chris Todd as Chief Executive Officer
Aron Ain transitions to UKG Executive Chair UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced that Chris Todd, president of UKG, has been appointed chief executive officer (CEO), eff
Venture CapitalSkillPointe Secures $2.25 Million in Series B Funding
ATLANTA— SkillPointe, LLC, a three-sided marketplace helping to solve the country’s prevalent skilled worker shortage, today announced the closing of a $2.25 million Series B-3 financing round. The Presidio Group LLC (“Presidio”), the leadi
Venture CapitalFlexa Careers Raises £2.3M in Seed Funding
Flexa Careers , a London, UK – based platform bringing transparency to the hiring market, raised £2.3m ($2.9m/€2.7m) in seed funding. The round was led by Ada Ventures and joined by Auxxo Female Catalyst Fund, angel syndicate HERmesa, and a
EarningsHIRE Technologies Reports $9.1 Million in Revenue, Its Sixth Consecutive Quarter of Revenue Growth
Revenue of $9.1 million for the quarter ended March 31, 2022, up 66% from Q1-2021. Gross margin of $4.5 million was almost double the $2.3 million reported for the first quarter of 2021. Adjusted EBITDA 1 was $1.0 million ($0.1 million - M
OpinionWhat Will The Future of HR Look Like in 2030?
If the turn of 2020 didn’t teach business and HR professionals anything but one thing, it is that the world of work is vastly changing. The good news is that as reported by Sage, 72% of HR say they now have more influence in human capital m
Venture CapitalGerman SaaS startup how.fm raises over €5 million to digitize training for warehouse talent
In the war for warehouse talent, how.fm is making sure warehouse workers are more skilled, trained and supported. German SaaS startup, how.fm, has just raised over €5 million in fresh funding. The round was led by Join Capital, with renew
Venture Capital$43M Series B brings Zip’s valuation to $1.2B
Before we founded Zip, we experienced firsthand the frustrations of the traditional procurement process and the friction it creates for businesses that are trying to innovate quickly— especially in a world where purchasing is becoming more
InfluencersHR Influencers: Laurie Ruettimann
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
InfluencersHR Influencers: Tim Sackett
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
Company NewsWorkReels Launches First Mobile App Specifically for Producing Recruiting Videos
Aims to be TikTok for recruiters, bringing company culture to life for job seekers RICHMOND, Va. , May 25, 2022 /PRNewswire/ -- WorkReels today announced the world's first video storytelling platform built specifically for recruitment a
Product NewsHuman Capital Management (HCM) Solutions Market to observe USD 12.16 Bn growth | 34% growth to originate from North America
NEW YORK , May 25, 2022 /PRNewswire/ -- The global human capital management solutions market size is expected to increase by USD 12.16 billion between 2020 and 2025. The market observed a YOY growth of 9.52% in 2021 and the growth mom
InfluencersHR Influencers: Trish McFarlane
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual

Workday Announces Fiscal 2023 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.43 Billion , Up 22.1% Year Over Year Subscription Revenues of $1.27 Billion , Up 23.2% Year Over Year 24-Month Subscription Revenue Backlog of $7.97 Billion , Up 20.9% Year Over Year Total Subscr

Assembled Raises $51 Million in Series B Funding to Accelerate Workforce Management Platform
Funding will bolster company's ability to assist leading companies across industries craft efficient, world-class customer experiences SAN FRANCISCO , May 26, 2022 /PRNewswire/ -- Assembled, the leader in workforce management for modern s
Company NewsVisier Announces Strategic Alliance with Deloitte to Help Companies Improve People Decisions and Deliver Transformational Business Outcomes
Visier Announces Strategic Alliance with Deloitte to Help Companies Improve People Decisions and Deliver Transformational Business Outcomes Strategic relationship brings together the power of Deloitte's Human Capital Analytics & Insights So

Upflex Announces $30M Series A From Top Strategic & Venture Funds
NEW YORK--( BUSINESS WIRE )-- Upflex —the premier global provider of hybrid workspace solutions—announced the closing of its $30 million Series A round. The raise was led by WeWork with participation from notable strategic investors Newm
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