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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Paycom 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
Venture CapitalEntendre Finance has Raised $4M In Seed Financing to Launche Fully Automated E2E Accounting Solution for Web3
Entendre Finance has raised $4M in seed financing to launch the first fully automated end-to-end accounting and bookkeeping solution for businesses operating in Web3. Led by Basis Set and with participation from Valhalla , Caffeinated,
Venture CapitalGigs Secures $2.7 Million in Pre-Seed Funding to Connect Companies to Job Seekers Looking for Hourly Roles in Their Neighborhood.
LOS ANGELES – May 1, 2023 – Gigs , the job platform that connects companies to job seekers looking for hourly jobs in their neighborhood, announced today the company’s official launch of its employer portal to help retailers, food and bev
Venture CapitalAI-powered Simpplr Secures $70M in New Funding to Deliver Personalized Employee Experiences that Generate Real Business Impact
Redwood City, CA – May 2, 2023: Simpplr , the leading AI-powered employee experience platform, today announced it has secured $70M Series D funding. The investment was led by Sapphire Ventures with participation from existing investor Norw
Venture CapitalCV Wallet, the Skills-based Hiring Platform that Harnesses the Latest Web3 and AI Technologies, Raises $1.1 million in Angel investment
The start-up secured the funding in just two weeks, with the oversubscribed round closed early, following overwhelming interest. This is despite a tech funding crisis, which may last into 2024 according to experts. The round has been suppor
Venture CapitalFuturePlus secures £750K funding to assist businesses in reporting on sustainability and ESG
April 28, 2023/--As demand for sustainability and ESG reporting continues to grow, London-based sustainability management and ESG reporting platform, FuturePlus , has announced the successful completion of an up-round of funding worth £750,
NewsReejig Launches World’s First AI-driven Work Ontology™
Today at the UNLEASH America conference, Reejig , the global leader in workforce intelligence, announced its new Work Ontology™, which unbundles traditional job architectures to atomized components such as skills required, tasks and task ad
Venture CapitalNew Jersey-based True Acquires First and Leading Diversity & Inclusion Tech Company Jopwell
Jopwell Joins True Platform Companies AboveBoard and True Search in Mission to Address Diversity at Every Stage of the Recruitment Lifecycle NEW YORK, N.Y. - April 27, 2023 - True , the premiere global platform of innovative talent manageme
Product NewsTriNet Announces First Quarter 2023 Results, 2% Growth in Total Revenues to $1.2 Billion
6% Growth in Professional Service Revenues to $205 million 2% Growth in Total Revenues to $1.2 billion Net Income per Diluted Share of $2.17 and Adjusted Net Income per Diluted Share of $2.49 TriNet Group, Inc. (NYSE: TNET), a leading pro
Venture CapitalPaycor to Acquire Behavioral Science-Based, Microlearning Solution, Verb
Acquisition will support Paycor’s mission of empowering leaders by inspiring positive and sustainable behavior change programs through personalized development pathways CINCINNATI, OH — April 25, 2023 — Paycor HCM, Inc. (“Paycor”) (Nasdaq
ColumnLINKEDIN REVENUE UP 10% IN FISCAL Q3 AS MICROSOFT CEO REPORTS RECORD ENGAGEMENT
LinkedIn revenue rose 10% in constant currency to more than $3.70 billion; the increase was 8% on a reported basis. Microsoft Corp., which owns LinkedIn, reported earnings on Tuesday for its fiscal third quarter ended March 31. “We once aga
Company NewsADP Reports First Quarter Fiscal 2023 Results
ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2023 financial results along with its revised fiscal 2023 outlook through an earnings releas
Venture CapitalTEXAS-BASED BGSF ACQUIRES TENNESSEE-BASED IT STAFFING AND SOLUTIONS FIRM ARROYO CONSULTING
BGSF Inc. (NYSE: BGSF), a Plano, Texas-based staffing firm, acquired Arroyo Consulting , an IT staffing and solutions firm headquartered in Nashville, Tennessee. Arroyo Consulting had revenue of approximately $16.2 million in fiscal yar 202
Venture CapitalA Healthcare Jobs Marketplace Platform Nolea Health Raises £1M in Seed Funding
Nolea Health , a London, UK-based provider of a healthcare jobs marketplace platform, raised £1M in Seed funding. The round was led by Frontline Ventures, with participation from Calm/Storm Ventures and other industry figures, including Ann
Venture CapitalGermany-based Certif-ID raises €1.6 million in Seed Funding to Digitise Skilled Manpower Recruitment
Certif-ID plans to use the funds for further development of the technology platform and further expansion into Asia . Certif-ID International GmbH, a blockchain-based “Future of Work” platform for international skilled professionals, has su
Venture CapitalBelgian 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
Company NewsSteelCloud Announces New Remote Workforce Compliance Suite
SteelCloud LLC , the leading STIG and CIS cyber compliance software developer, is excited to announce ConfigOS MPO, its compliance suite, engineered to address the challenges posed by today’s remote and hybrid workforces. Remote work has pr
Venture CapitalDearEmployee Secures Fresh Capital in Pre-Series A to Further Expand and Strengthen Market Position
DearEmployee , the innovation leader in HR tech, announces the closing of a pre-Series A round. In particular, the fresh capital from new and existing investors will be used to further expand the functionality of the software solution along
Venture CapitalOx, an AR-based Provider of an AI-powered Technology Platform, Raises $12.6M in Series A Funding
Ox , a Bentonville, AR-based provider of an AI-powered technology platform for frontline operations, raised $12.6M in Series A funding. The round was co-led by BBG Ventures and MaC Venture Capital with participation from existing investors
Venture CapitalAlku, an Andover. Mass.-based specialty staffing firm, Receives Majority Investment from New Mountain Capital
Alku , an Andover. Mass.-based specialty staffing firm, received a new majority investment of an undisclosed amount. New Mountain Capital made the investment alongside FFL Partners, WestView Capital Partners, ALKU Founder & CEO, Mark Eldrid
Venture CapitalSonet.io Raises $6M Seed Funding to Fix Remote Work Challenges for Global, Distributed Workforces
April 24,2023/-- Sonet.io , built for IT leaders that want a great experience for their remote workers while enhancing security and observability, today emerged from stealth and announced it’s raised $6 million in seed capital, co-led by T
Venture CapitalBerlin-based RYDES raises €3.5 million in Seed Funding to expand with its corporate mobility platform across Europe and the US
April 24, 2023/--Berlin-based corporate mobility budget platform RYDES has just announced a €3.5 million seed round led by Assembly Ventures and Rethink Ventures , and with participation from Futury Capital and business angel Jens Krüger,
Venture CapitalArthur Ventures Raises $470M For Two Funds
Ventures , a Minneapolis, MN-based venture capital firm, raised $470M to continue investing in B2B software companies across North America at the Early Growth stage. This capital raise consists of two new investment funds: Arthur Ventures V
Company NewsCodeSignal Takes Technical Hiring To New Heights With Enhanced Scoring System And Revolutionary AI Insights
CodeSignal , the leading technical interview and assessment solution, announced Coding Score 2023 and custom AI-generated insights to revolutionize the way companies evaluate skills and approach technical hiring. Coding Score 2023 leverages
Venture CapitalHitachi Launches 3rd Corporate Venture Capital Fund for Innovation in Digital Field
Hitachi, Ltd . announced the establishment of a third fund for Hitachi Ventures (HV) , the global corporate venture capital arm of Hitachi, for the purpose of accelerating innovation and initiating new business opportunities in the digita
Company NewsQualtrics Announces First Quarter 2023 Financial Results, Total Revenue Up 22% Year Over Year to $409.8M
• Q1 2023 total revenue of $409.8M, up 22% year over year • Q1 2023 subscription revenue of$339.8M, up 21% year over year • Total remaining performance obligations of $2,135.1M, up 21% year over year • Next 12 months remaining performance o
Venture CapitalInteract Software Acquires Sideways 6 to Increase Employee Engagement Intranet Tools for Customers
MANCHESTER, U.K. and LONDON-- Interact Software (Interact), a leading intranet solution provider for enterprise businesses across North America and EMEA, today announced the acquisition of Sideways 6 , an integrated crowdsourcing and idea
Product NewsManpowerGroup Reports 1st Quarter 2023 Result
Revenues of $4.8 billion (-8% as reported, -2% constant currency (CC)) Gross profit margin of 18.2%, up 80 basis points year over year reflecting continued strong pricing discipline and increased outplacement activity in Right Management Ma
Venture CapitalUK-based Loopin Raises £1.6M in Seed Funding
Loopin , a Bristol, UK-based provider of a platform that helps businesses measure and improve employee morale, raised £1.6M in Seed funding. Backers included undisclosed individuals and angel investors. The company intends to use the funds
Venture CapitalA Provider of On-demand Salary Payment Solution Spayr Raises €2.5M in Seed Funding
Spayr , a La Trinité-sur-Mer, France-based on-demand salary payment solution provider, raised €2.5M in Seed funding. The round was led by Blast.Club with participation from FBA (Femmes Business Angels) and other fintech angel investors. The
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