Search results for “expansion”

Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate

Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a se

Feb 4, 2025

ADP acquires Procesamiento Externo de Información, S.C. (PEI) in Mexico

ADP (Nasdaq: ADP) has acquired Procesamiento Externo de Información, S.C. ( PEI ), a Mexico-based payroll solutions provider. This acquisition strengthens ADP’s global presence in Latin America by integrating PEI’s domestic expertise with A

Jan 31, 2025

Final Round AI Secures $6.88M in Oversubscribed Seed Funding to Transform the Job Search Journey

Final Round AI has raised an oversubscribed $6.88 million seed funding round, led by Uncork Capital and supported by investors like HF0, Linear Capital, and Sky9 Capital. The company is redefining job searches with its Interview Copilot ,

Jan 30, 2025

Coursera Reports Fourth Quarter and Full Year 2024 Financial Results

Coursera (NYSE: COUR) announced its Q4 and full-year 2024 financial results, reporting $694.7 million in revenue for the year, a 9% increase from 2023. The company achieved positive Adjusted EBITDA of $41.5 million , marking a financial tur

Jan 30, 2025

Maki Secures $28.6M to Revolutionize Talent Acquisition with Conversational AI

Maki , a leader in conversational AI for HR, has secured $28.6 million in Series A funding to redefine how organizations approach talent acquisition. With rapid growth in 2024 and large-scale partnerships with Fortune 500 companies, Maki’s

Jan 15, 2025

Employment Hero acquires Canadian employment platform Humi in $100M+ global expansion move

Employment Hero, a global leader in employment solutions, has announced the acquisition of Humi, a Canadian employment platform, in a deal worth over CAD $100 million. This strategic move strengthens Employment Hero’s global expansion while

Jan 10, 2025

Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology

Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri

Jan 7, 2025

Deel Acquires Assemble: A New Era in Global Compensation Management

Deel’s acquisition of Assemble marks a significant advancement in global workforce management. By integrating Assemble’s robust compensation management tools into Deel’s platform, businesses can now access a seamless, data-driven solution f

Dec 19, 2024

AI-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

Dec 12, 2024

Canada-Based HiringBranch Raises CAD 5M Series A to Disrupt Recruitment with Soft Skills AI

HiringBranch , an AI-driven platform specializing in soft skills assessment, has raised CAD 5 million in Series A funding led by Crédit Mutuel Equity, with contributions from Export Development Canada and Anges Québec. The funding will supp

Dec 10, 2024

Product News

Talroo 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

Dec 9, 2024

CoachHub Secures €40M in Growth Financing from HSBC Innovation Banking UK to Fuel AI Innovation and Product Expansion

CoachHub , a global leader in digital coaching, has secured €40 million in growth financing from HSBC Innovation Banking UK. This funding will drive advancements in artificial intelligence (AI) and product expansion, enabling CoachHub to en

Dec 3, 2024

StretchDollar Secures $6M to Redefine Health Benefits for SMBs with ICHRA Innovation

StretchDollar , a startup revolutionizing small business health benefits, has secured $6M in seed funding led by Fika Ventures and Oscar Health. The platform simplifies complex healthcare management through an innovative Individual Coverage

Dec 3, 2024

AdvantageClub.ai raises $4 Million from Axilor Ventures to expand in the US and Asia and add New Product Lines

AdvantageClub.ai , an AI-powered global employee engagement and rewards platform, has secured $4 million in funding led by Axilor Ventures, bringing its total funding to $11 million. The funds will accelerate expansion in the US and Asia, w

Dec 2, 2024

Workday Names Rob Enslin President, Chief Commercial Officer

Workday has appointed Rob Enslin as President and Chief Commercial Officer (CCO) to lead its global commercial strategy, marking a significant step in its growth journey. Enslin, with over 30 years of experience in leading technology organi

Nov 26, 2024

Randstad Digital launches Salesforce Novelty Hub

Randstad Digital , in collaboration with Salesforce, has launched the Salesforce Novelty Hub, an innovative solution designed to address the challenges faced by Global Capability Centers (GCCs). This initiative provides a roadmap for establ

Nov 20, 2024

11x 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

Nov 12, 2024

Recruit 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

Nov 11, 2024

Docebo Posts $55.4M Revenue in Q3 2024, Driven by 21% Growth in Subscription Revenue

Docebo reported strong third-quarter 2024 results, showcasing a 19% year-over-year revenue increase, primarily driven by subscription growth which constituted 95% of its total revenue. The company recorded a net income of $5 million and adj

Nov 8, 2024

Heidrick & Struggles Q3 Financials: Revenue Up 6% to $278.6M, Strengthening Global Talent Solutions

Heidrick & Struggles reported solid third-quarter 2024 results, with revenue growth across all segments, hitting $278.6 million—a 6% year-over-year increase. Strengthening its leadership in talent solutions, the company achieved an EPS of $

Nov 4, 2024

Atlantic International Acquires Staffing 360: Creating a Leading Human Capital Powerhouse

Atlantic International Corp. and Staffing 360 Solutions, Inc. have entered into a definitive merger agreement aiming to establish a leading company in human capital management, workforce solutions, and outsourced services. With projected co

Nov 4, 2024

Product News

empinfo'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

Nov 1, 2024

EQT 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

Oct 31, 2024

Paycom Q3 2024: A Financial Deep Dive – Revenues Climb to $452M, Up 11%

Paycom Software, Inc. reported robust financial results for the third quarter of 2024, announcing revenues of $452 million, an 11% increase year-over-year. The company's GAAP net income was $73 million, equivalent to $1.31 per diluted share

Toothio 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

Paylocity Reports $363M Q1 Revenue with 14% Growth, Driven by Airbase Acquisition

Paylocity 's first-quarter fiscal 2025 report highlights a strong start, with 14% growth in recurring and total revenue year-over-year, reaching $363 million. The recent acquisition of Airbase marks an expansion into finance and spend manag

Fiverr 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,

ADP Fiscal Q1 2025 Earnings: Revenues Climb to $4.8 Billion, Marking a Strong Start

ADP announced robust first quarter fiscal 2025 results with a 7% increase in revenue reaching $4.8 billion and a 13% increase in diluted EPS at $2.34. Significant highlights include the acquisition of WorkForce Software and the launch of AD