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Legion Technologies has secured $50 million in financing from Silicon Valley Bank, rounding out a $100 million funding round in 2024 and bringing its total funding to $195 million. Known for its AI-native, employee-centric workforce managem
Venture CapitalAI-Powered Recruitment Platform Pin Launches Out of Stealth With $3 Million to Cut Hiring Time by 70%
Pin , an innovative AI-powered recruitment platform, emerges from stealth mode with a $3 million seed funding led by Expa Ventures. By automating the most time-consuming hiring tasks, Pin reduces time-to-hire by 70%, offering businesses a f
Product NewsReejig Releases Workforce Reinvention Blueprint, Proprietary Data Guiding Leaders to Bold and Responsible AI Implementation
Reejig , a global leader in workforce intelligence, has unveiled its Workforce Reinvention Blueprint , a first-of-its-kind analysis providing actionable insights into how AI can reshape industries. Drawing on over 130 million job records an
Product NewsTalroo Launches Apply Intelligence™: Redefining AI-Powered Recruitment
Talroo has unveiled Apply Intelligence™, a groundbreaking suite of free AI-based features aimed at transforming the hiring process for employers and enhancing the job search journey for candidates. Leveraging advanced AI tools like SmartMat
Venture CapitalAlliant Insurance Services Acquires Union First, Expanding Its Benefits Solutions for Public Safety Associations
Alliant Insurance Services has acquired Union First , a firm specializing in benefits consulting and administration for public safety professionals. Joining Alliant’s Employee Benefits Group in the West Region, Union First brings expertis
Venture CapitalAya Healthcare to Acquire Cross Country Healthcare for Approximately $615 Million in Cash
Aya Healthcare is set to acquire Cross Country Healthcare in a $615 million all-cash transaction, offering a 67% premium per share. This strategic move will integrate Cross Country’s 40-year expertise with Aya’s market-leading technology an
Venture CapitalHR Path Expands Global Reach with the Acquisition of Pay Human Group, Enhancing Its Market Presence in LATAM
HR Path , a global leader in HR consulting and HRIS solutions, has acquired Pay Human Group, a prominent Mexican company specializing in payroll management and HR consulting. This strategic move strengthens HR Path's market presence in Lati
Product NewsWEX Launches Two AI Pilots for Benefits Administration
WEX has introduced two AI-powered solutions, Benefit Assistant and BeneFITwise Premier, within its benefits administration platform, My Benefit Express . These pilots aim to streamline benefits decision-making for employees while reducing H
Venture CapitalGermany’s zvoove Acquires Netherlands-Based Online Results, Driving Global Innovation in Recruitment Marketing
Germany-based zvoove has acquired Netherlands-based recruitment marketing firm Online Results , integrating their innovative Falcon SaaS platform into zvoove's ecosystem. This move strengthens zvoove's end-to-end solutions for temporary sta
Venture CapitalJobGet Acquires Snagajob, Creating the Largest Hourly Workforce Job Platform in the U.S.
JobGet has acquired Snagajob , creating the largest hourly workforce job platform in the U.S., connecting over 100 million workers with millions of job opportunities in industries like food service, retail, and healthcare. The acquisition e
Venture Capital11x Raises a $50 Million Series B Led by Andreessen Horowitz to Accelerate the Era of Digital Workers
11x , a pioneering AI company specializing in autonomous digital workers for revenue teams, recently secured $50 million in Series B funding led by Andreessen Horowitz. This investment supports 11x’s mission to redefine sales and Go-to-Mark
EarningsRecruit Holdings Achieves $11.99 Billion Revenue in Q2 FY2024 with 5.4% Growth, Notable Increases in Operating Income and EPS
Recruit Holdings Co., Ltd. reported solid Q2 FY2024 financial results, with revenue reaching ¥1.7987 trillion, a 5.4% year-over-year increase. Adjusted EBITDA grew by 11.9% to ¥367.2 billion, while operating income rose 13.4% to ¥269.7 bill
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
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 CapitalARCOS Acquires Clearion, Expanding its Workforce Management Solutions Portfolio
COLUMBUS, Ohio – ARCOS® LLC, a leading provider of workforce management solutions for utilities and other critical infrastructure industries, announced today the acquisition of Clearion , a provider of SaaS and mobile software for vegetat
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 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 NewsDayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue
Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat
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,
Product NewsLinkedIn’s first AI agent, Hiring Assistant
LinkedIn has entered the AI agent market with its new Hiring Assistant , aiming to streamline up to 80% of the pre-offer recruitment workflow. The tool integrates directly into LinkedIn's platform, enhancing recruiter productivity and candi
Product NewsPaycor Launches Integration Platform to Transform Connectivity
Paycor has launched its new Integration Platform, aimed at simplifying the connection between its human capital management (HCM) software and third-party business applications. The platform offers three core services: Paycor Marketplace wit
Product NewsSAP SuccessFactors Second Half 2024 Product Release: Embedding AI Across SAP SuccessFactors HCM
The SAP SuccessFactors 2H 2024 release brings over 250 innovative features, including 30 new AI capabilities designed to transform HR management. Key updates include enhanced AI-driven job recommendations, skills architecture creation, and
Product Newsempinfo Launches Industry-First Solution to Automate Employment Letter Generation for International Employees
empinfo, a leader in employment verification solutions, has introduced a new automated employment letter generation feature aimed at global HR operations. This industry-first solution, integrated into empinfo's platform, allows employers to
Company News28 Higher Education Institutions Go Live with Workday Student in 2024
Workday Student, a next-generation AI-powered platform, is revolutionizing higher education institutions by integrating academic, financial, and HR operations. With the support of Workday Illuminate, this platform enables 28 institutions li
Product NewsEveree Launches Flex Suite to Simplify Payroll for Staffing, Gig Apps, and Other Flexible Workforces
Everee has launched Flex Suite, a comprehensive payroll solution tailored for staffing and gig economy businesses. Designed for complex workforce arrangements, Flex Suite simplifies payroll processes, automates compliance, and provides cust
Product NewsIntroducing Ask BambooHR: AI-Powered Solution Revolutionizing HR Efficiency and Employee Support
BambooHR , the leading cloud-based HR platform, introduces Ask BambooHR, an AI-powered chat interface designed to help HR professionals reclaim time by automating responses to routine questions about policies, benefits, and company data. An
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
Product NewsSmartRecruiters Unveils Winston: AI That Keeps Hiring Human
SmartRecruiters has launched Winston, an AI-powered recruiting companion designed to revolutionize the hiring process by automating and optimizing various tasks such as candidate screening and interview scheduling. Built as part of the Smar
Product NewsPaylocity Unveils AI Assistant to Transform HR Efficiency
Paylocity has launched its new AI Assistant, a conversational tool designed to simplify and accelerate HR processes for professionals and employees alike. Integrated into the Paylocity platform, the AI Assistant provides real-time, contextu
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
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