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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Paylode's Leap in Miami: Harnessing $5.5 Million Seed Round for Perks Innovation
Paylode , a Miami-based startup, has raised a $5.5 million seed round to enhance its perks-as-a-service platform. The company provides tools for businesses to launch and manage customer perks programs efficiently. It aims to improve custome
HR TechnologyBirth of the First AI Engineer: How Devin is Redefining the Software Industry
In the cutting-edge realm of artificial intelligence and software development, a revolutionary milestone has been reached with the introduction of Devin, the world's first fully autonomous AI software engineer. Created by the innovative min
Product NewsSapia.ai Unveils SAIGE™: A world-first Gen AI-powered conversational intelligence engine for talent management
Sapia.ai has launched SAIGE™, an innovative generative AI model transforming global workforce management. By leveraging a unique large language model developed over six years, SAIGE™ conducts blind chat interviews to evaluate candidates, of
Product NewsiCIMS Launches New GenAI-Powered Recruiting Assistant, Advancing its Longstanding Artificial Intelligence Program
iCIMS has launched a new generative AI-powered recruiting assistant, iCIMS Copilot, enhancing its Talent Cloud with next-generation job site integrations and other improvements. This release aims to provide talent acquisition teams with bet
Company NewshireEZ:What is ai for recruiting and will it replace recruiters?
Unveiling AI Recruiting: Your Friendly Sidekick in the Hiring World In a world where tech lingo seems to evolve faster than we can say “algorithm,” there's a buzzword that's been making waves in the recruiting realm: AI recruiting. But what
Company NewsCustomer Confidence, Trust in UKG Solutions Drive Strong Results for First-Quarter Fiscal 2024
UKG reported a successful first quarter for fiscal 2024, marked by strong customer loyalty and significant business growth. The period was notable for an increase in customer migrations to modern UKG solutions, particularly among larger cli
Product NewsLattice Unveils a Bold Evolution for its People Platform Powered by Artificial Intelligence, Announces AI Engagement Insights Built on OpenAI
Lattice has launched a new initiative, Lattice AI, to enhance its HR software by incorporating artificial intelligence aimed at humanizing the employee experience. This move aims to support employees, managers, and HR teams by providing A
NewsEma Secures $25 Million to Revolutionize the Workplace with Universal AI Employee
Ema , a Mountain View-based startup, has unveiled a universal AI employee designed to automate mundane tasks, thereby freeing up employees for strategic work. With $25M in funding from notable investors and an impressive roster of early cus
Venture CapitalFirst Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock
First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a
Company NewsFirst Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the
Venture CapitalRevolutionizing Global Equity Management: Slice Secures $7M in Seed Funding to Expand AI-Driven Compliance Platform
Startup Slice Global Ltd., specializing in global equity management, has raised $7M in seed funding to enhance its AI-driven compliance platform. The round was led by TLV Partners, with contributions from various investors and law firms. Sl
Venture CapitalWorkday Announces Intent to Acquire HiredScore
Workday, Inc. has announced the acquisition of HiredScore, a leading provider of AI-powered talent orchestration solutions. This acquisition aims to merge Workday's Talent Management and Skills Cloud with HiredScore's solutions to offer a c
Company NewsDocebo Reports Fourth Quarter and Fiscal Year 2023 Results
Docebo Inc., a leader in AI-driven learning platforms, announced its Q4 and fiscal year 2023 financial results, showcasing significant growth. With a 28% increase in subscription revenue to $46.5 million and a total revenue rise of 27% to $
Venture CapitalEmpowerly secures $15M for its college counseling services
Empowerly, an edtech startup focusing on college counseling and career guidance, has secured $15 million in funding led by Conductive Ventures, totaling $30 million raised to date. This investment will enhance its AI-driven services and dev
Venture CapitalArcher Acquires Compliance.ai to Drive AI-Powered Regulatory Compliance and Risk Management
Archer , a leader in integrated risk management solutions, announced the acquisition of Compliance.ai , which specializes in AI-driven regulatory change management. This strategic move will enhance Archer's offerings, allowing clients to ut
Venture CapitalDili Raises $3.6M from Top Investors to Automate VC Due Diligence with AI Innovation, Celebrates Y Combinator Heritage
Dili , co-founded by former Coinbase team members, aims to revolutionize the due diligence and portfolio management process for private equity and VC firms through AI automation. With $3.6 million in venture funding, Dili leverages generati
ColumnWorkday:Using AI to Empower an Augmented Workforce
This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centr
EarningsUpwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA
Company NewsPaylocity Surges with $326.4M Revenue in Q2 FY2024: A Glimpse into Cloud HCM's Expanding Market Dominance
Q 2 2024 Recurring & Other Revenue of $298.4 million , up 16% year-over-year Q 2 2024 Total Revenue of $326.4 million , up 20% year-over-year SCHAUMBURG, Ill, Feb. 08, 2024 Paylocity Holding Corporation (Nasdaq: PCTY), a le
ColumnMcLaren Racing Expands Partnership with Workday for the 2024 Formula 1 Season
McLaren Racing has announced the expansion of its partnership with Workday, a leader in enterprise cloud applications for finance and HR, into the 2024 Formula 1 season. Workday, continuing as an Official Partner, will feature its logo on t
Company NewsUKG Launches Global Innovation Hub in Bulgaria
UKG Inc., a leading provider of HR, payroll, workforce management, and culture solutions, has announced the opening of its new Global Innovation Hub in Bulgaria, aiming to accelerate the delivery of solutions that foster great workplace exp
ColumnUKG: An Estimated 16.1 Million U.S. Employees to Miss Work Super Bowl Monday, Millions More Plan to Show Up Late
This article examines the impact of Super Bowl LVIII on workplace absenteeism and productivity in the U.S., based on research conducted by The Harris Poll for the UKG Workforce Institute. An estimated 16.1 million U.S. employees are expecte
Company NewsWorkday Appoints Chikara Furuichi as the New President of Japan
Workday, Inc. announces the strategic appointment of Chikara Furuichi as the new President of Japan, underscoring its dedication to expansion within the Japanese market. With over 25 years of experience in IT, SaaS security, and cloud servi
Company NewsADP® Assist with Generative AI Features Makes HCM Decisions Easy, Smart and Human
ADP, a global technology company specializing in human capital management (HCM) solutions, has unveiled ADP Assist, a cross-platform solution powered by generative AI (GenAI). This innovative tool enhances HR productivity, aids in data-driv
Company NewsCarl Eschenbach Takes the Helm as Workday CEO
Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif. , Jan. 31, 2024 Workday (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and
Company NewsFormer U.S. Bureau of Labor Statistics Commissioner Dr. William Beach Joins UKG Workforce Institute Advisory Board
LOWELL, Mass. & WESTON, Fla.The UKG Workforce Institute — a think tank known for its global research and actionable insights on what’s impacting HR, organizations, and their people — is pleased to welcome Dr. William Beach, labor
Company NewsiMocha introduces an advanced AI-Skills Match Engine to simplify Talent Acquisition
iMocha has unveiled an innovative AI Skills Match Engine, revolutionizing the talent acquisition process. This advanced tool leverages artificial intelligence to streamline recruitment, offering a more efficient and accurate approach to eva
ColumnUKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces
AI-powered HCM suite built with the world’s largest collection of people, work, and culture data transforms the employee experience. LOWELL, Mass. & WESTON, Fla. UKG , a leading provider of HR, payroll, workforce management, and culture sol
Company NewsWorkday Announces Continued Retail Industry Momentum Driven By Accelerated Demand for AI Solutions that Help Fuel Organizational Agility and Growth
More Than 55% of the NRF Top 100 Retailers Are Using Workday to Elevate the Frontline Worker Experience, Increase Productivity, and Manage Operational Costs PLEASANTON, Calif. , Jan. 11, 2024 - Workday, Inc. (NASDAQ: WDAY), a leader in e
Company NewsADP appoints Thomas J. Lynch as the new Independent Board Chair
Carlos Rodriguez to continue as member of ADP Board of Directors ROSELAND, N.J. , Jan. 10, 2024 ADP , a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors ap
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