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Craftt, a decentralized platform targeting the modern workforce, has raised $2 million in seed funding led by Superscrypt with participation from DCG and prominent angel investors. Built for independent workers, Craftt aims to provide unive
Product NewsPaycor Launches New AI-Powered Assistant to Boost Productivity
Paycor, a leading HCM software provider, has launched the AI-powered Paycor Assistant, designed to streamline HR processes and enhance productivity for both employees and administrators. The new assistant allows users to engage with Paycor’
EarningsAdecco Group Q3 2024 Financial Results: Resilient Performance Amid Market Headwinds, Revenue Decline of 5%
Adecco Group's Q3 2024 revenue saw a 5% decline on an organic and trading days adjusted basis, attributed to a challenging macroeconomic environment and sectoral pressures, particularly in logistics, healthcare, and manufacturing. The compa
EarningsTrueBlue Reports 19% Revenue Decline in Q3 2024 but Accelerates Digital Transformation to Drive Future Growth
TrueBlue, a leading workforce solutions provider, reported its third-quarter 2024 financial results, highlighting a 19% year-over-year revenue decline to $382 million and a net loss of $8 million. Despite challenging market conditions, the
Venture CapitalKorn Ferry Completes Strategic Acquisition of Trilogy International
Korn Ferry , a prominent global organizational consulting firm, recently completed its acquisition of Trilogy International, a UK-based leader in digital interim talent services across EMEA and the United States. This acquisition enhances K
Product Newsempinfo's Verification-as-a-Service (VaaS) Platform for Verifying Employment and Income is Now Available Online
EmpInfo has launched its Verifications-as-a-Service (VaaS) platform online, enabling credentialed verifiers to access nationwide employment and income records seamlessly. With its combination of "Instant" and "On-Demand Verifications," the
Venture CapitalFirst Advantage Completes Acquisition of Sterling Check for $2.2 Billion
First Advantage Corporation (NASDAQ: FA) has successfully completed its acquisition of Sterling Check Corp. for $2.2 billion, including assumed debt. This strategic move enhances First Advantage's global presence and product offerings in ba
Venture CapitalEQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation
EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and
Venture CapitalToothio Raises Additional $5M to Address Dental Staffing Shortage
Toothio , a leading digital marketplace for dental staffing, has announced an additional $5 million in financing led by nvp capital and Craft Ventures, with several other investors participating. This funding supports Toothio's expansion in
Company NewsFiverr Q3 2024: Revenue Hits $99.6 Million, Exceeds Expectations
Fiverr International Ltd. announced robust financial results for Q3 2024, highlighting a revenue increase to $99.6 million and a notable rise in adjusted EBITDA. The company outperformed expectations amidst a challenging macro environment,
Venture CapitalOLOID Gains Momentum with $6M Series A1 Funding and Completes Workday Certified Integration, Driving Expansion in Workplace Identity Solutions
OLOID, a pioneer in workplace identity management, has raised $6 million in a Series A1 funding round, led by Yaletown Partners and other strategic investors. This funding will further OLOID’s growth in providing passwordless access and ide
EarningsRandstad Announces Q3 2024 Results, Reports €6.01 Billion in Revenue and Confirms Acquisition of Zorgwerk
Randstad, the world's largest staffing firm, reported a 5.9% organic revenue decline in Q3 2024, amounting to €6.01 billion. Revenue dropped 3.9% year-on-year due to challenging economic conditions across regions, including North America, N
Venture CapitalMPAY Expands with Web Payroll Acquisition: A Game-Changer for Texas Businesses
MPAY, a leader in payroll and human capital management solutions, completed its acquisition of Web Payroll & Tax Solutions. This move is part of MPAY’s ongoing strategic expansion, following two earlier acquisitions in 2024. Web Payroll, kn
Product NewsUnily Introduces First-Ever Bring-Your-Own AI Assistant Platform
Unily has launched the Insight Center, a pioneering solution for integrating and managing digital assistants through its Bring-Your-Own-Assistant (BYOA) capability, offering enterprises flexibility and governance in AI adoption. In addition
Venture CapitalZeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce
Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat
Venture CapitalHR Path Acquires IN-RGY, Expanding Global Reach and Strengthening Canadian Market Presence
HR Path, a global HR consulting leader, has acquired IN-RGY, a Canadian HR digital transformation firm. This acquisition strengthens HR Path's presence in the Canadian market and aligns with their global expansion strategy, supported by a r
Venture CapitalGuild Announces Acquisition of Nomadic, a Leading Capability Academy; Introduces Guild Talent Advantage
Guild has announced its acquisition of Nomadic Learning , a capability academy company, to launch Guild Academy, a product that integrates education, skilling, and AI-driven insights into a comprehensive platform. The new Guild Talent Adv
ColumnPaychex, Inc. Reports Solid First Quarter Results
Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th
Venture CapitalJet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy
Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy
Product NewsServiceNow Releases New HR Innovations, Empowering Leaders to Fuel Employee and Business Growth
ServiceNow announced its latest HR innovations at the HR Technology Conference, aimed at enhancing employee communications and engagement. The new capabilities include improvements in Talent Development and Employee Journey Management, givi
Venture CapitalEmpower Acquires OptionTrax to Deliver Integrated Equity Compensation Solutions
Empower , a leading retirement and wealth management provider, has acquired Plan Management Corporation (PMC), the company behind OptionTrax ® , a comprehensive digital equity compensation platform. This acquisition will enhance Empower’s s
Venture CapitalVahan.ai Secures $10M in Series B Funding to Expand AI-Driven Blue-Collar Recruitment Across India
Vahan.ai, an AI-driven recruitment platform focused on India’s gig workforce, has raised $10 million in a Series B funding round led by Khosla Ventures. Key participants include Y Combinator and Paytm's Vijay Shekhar Sharma. The funding wil
Product NewsPaychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent
Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quick
Product NewsRandstad Debuts New App, Revolutionizing Connection Between Employers and Talent
Randstad, the world’s largest talent partner, has launched a new app designed to transform the connection between employers and job seekers. This AI-driven, two-sided marketplace gives job seekers unprecedented control over their employment
Product NewsWorkday Announces Workday Wellness, A New AI-Powered Solution to Help Companies Deliver More Personalized Health Benefits
Workday has launched Workday Wellness, an AI-powered solution designed to help companies deliver personalized health benefits based on employee preferences. Through a real-time data exchange with wellness partners, companies can easily acce
Company NewsWelcome to the New Workday: A Reimagined User Experience Powered by AI
Workday has announced a reimagined user experience powered by AI, featuring the new Workday Assistant designed to streamline HR and finance tasks for employees. By integrating AI capabilities such as natural language processing, Workday Ass
Company NewsEndera Unveils Next-Generation Continuous Evaluation Platform for Workforce Risk Management
Endera , a leader in workforce risk management, has launched its next-generation Continuous Evaluation (CE) platform to transform post-hire risk monitoring and mitigation. This innovative platform features advanced identity proofing with bl
Product NewsWorkday Launches Illuminate: The Next Generation of Workday AI
Workday Inc. has launched Illuminate, the next generation of its AI platform, designed to transform enterprise operations by leveraging the world's largest HR and finance dataset. Illuminate enhances decision-making, accelerates routine tas
Venture Capital11xAI Raises $24 Million Series A Led by Benchmark to Revolutionize Digital Workforce with AI Agents
11xAI has raised $24 million in Series A funding led by Benchmark to accelerate the development of AI-powered digital workers and expand globally. Addressing the fragmented Go-to-Market (GTM) tools landscape, 11xAI offers AI agents like Ali
Company NewsTwo HR Titans Unite: CareerBuilder and Monster Finalize Merger
CareerBuilder and Monster have officially completed their merger, forming a stronger job board with greater reach and scale. The merger unites two trusted brands to better serve job seekers and employers in navigating the evolving talent ma
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