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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Insperity Announces Fourth Quarter and Full Year 2024 Results
Insperity (NYSE: NSP), a leading HR solutions provider, reported its Q4 2024 and full-year 2024 financial results, with revenues reaching $6.6 billion for the year, a 1% increase year-over-year. Net income stood at $91 million , while adjus
Company NewsDHI Group Reports 2024 Fourth Quarter and Full Year Financial Results
DHI Group, Inc. (NYSE: DHX) reported a 7% decline in total revenue for both Q4 2024 and full-year 2024. ClearanceJobs revenue grew by 7% in Q4 and 8% for the full year , while Dice revenue fell by 14% for both periods. Net income for Q4 202
Company NewsDayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth
Dayforce , a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6
Company NewsKforce Reports Fourth Quarter 2024 Revenue of $343.8 Million; Full Year 2024 EPS of $2.68 Per Share; Board of Directors Approves Increase in Quarterly Dividend for Sixth Consecutive Yea
Kforce Inc. (NYSE: KFRC) reported Q4 2024 revenue of $343.8 million , a 5.4% YoY decline , with a full-year 2024 revenue of $1.41 billion , down 7.4% YoY . Despite a stabilized demand for technology services, earnings per share (EPS) fell
Company NewsCoursera 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
Product NewsBetterUp Launches AI Coaching: Bridging Human Expertise and AI Innovation to Transform Organizational Impact at Scale
BetterUp has launched an AI-powered coaching platform that blends human expertise with AI innovation to scale personalized coaching across organizations. This offering integrates evidence-based methods, AI insights, and behavioral science t
Venture CapitalHolly Secures $2.2M to Solve Million-Job Vacancy Crisis in Government Workforce
Holly, an AI-powered GovTech platform, has secured $2.2 million in pre-seed funding to address the million-job vacancy crisis in the government workforce. By modernizing outdated hiring systems, Holly accelerates recruitment for 24 million
Venture CapitalFrontier Direct Care Announces Initial Closing of its $20 Million Series B Financing
Frontier Direct Care , a Texas-based innovator in employer-sponsored healthcare, has secured $20 million in Series B funding led by Mehshah Capital. This funding will propel the company's mission to transform healthcare by improving accessi
Company NewsPaychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions
Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi
Product NewsZoho Launches Zoho Payroll, a Comprehensive Solution That Simplifies Payroll Processing and Compliance for Businesses in the United States
Zoho Corporation has launched the US edition of Zoho Payroll, providing an all-in-one solution for simplifying payroll management, automating tax compliance, and connecting HR and financial operations. This release enhances Zoho's robust fi
Venture CapitalLegion Technologies Secures $50M: AI-Powered Workforce Management on the Rise
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
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
ColumnADP National Employment Report: Private Sector Employment Increased by 146,000 Jobs in November; Annual Pay was Up 4.8%
The November ADP National Employment Report reveals a 146,000-job increase in the private sector, with annual pay up by 4.8% year-over-year. This independent report, derived from anonymized payroll data from over 25 million employees, offer
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 CapitalStretchDollar 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
ColumnWorkday FY2025 Q3: $2.16 Billion Revenue Marks 15.8% Growth, Fueled by Subscription Success and AI Innovation
Workday has reported strong Q3 FY2025 results, with total revenues of $2.16 billion (+15.8% YoY) and subscription revenues of $1.959 billion (+15.8% YoY). Operating income rose to $165 million, and non-GAAP diluted EPS reached $1.89, showca
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 CapitalLiquidAgents Healthcare Acquires Certain Assets of Republic Health Resources
LiquidAgents Healthcare, a leading healthcare staffing agency with over 20 years of experience, has acquired the travel nursing and allied business assets of Republic Health Resources. While Republic will remain an independent brand, its he
Product NewsAlight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams
Alight , Inc., a leader in human capital and technology-enabled services, has partnered with Avanade to integrate its Alight Worklife® platform with Microsoft Teams. This collaboration aims to simplify benefits access and enhance employee w
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 CapitalBluespine Raises $7.2 Million in Seed Funding to Help Self-Insured Employers Tackle Medical Overbilling
Bluespine , an AI-powered claims cost reduction platform, has raised $7.2 million in seed funding led by Team8. Targeting medical overbilling, a significant contributor to the $300 billion healthcare fraud, waste, and abuse crisis, Bluespin
EarningsAlight Reports $555M Revenue and $75M Stock Repurchase in Q3 2024
Alight , Inc., a leader in cloud-based human capital technology, reported a revenue of $555 million for Q3 2024, marking a slight decrease from the previous year. Despite a net loss of $44 million, Alight's gross profit improved, reaching $
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
EarningsHireQuest Reports Q3 Growth: Franchise Royalties Increase to $9M, Adjusted Net Income Rises 29%
HireQuest , Inc., a national franchisor of staffing services, reported its Q3 2024 financials, showing slight growth in key revenue streams despite market challenges. Franchise royalties grew by 0.9% to $9.0 million from $8.9 million in the
Venture CapitalCraftt Closed $2M Seed to Offer Universal Benefits with Future of Work Decentralized Platform
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
Company NewsZipRecruiter Resilient Amid Hiring Slowdown with $117.1M Q3 Revenue and Share Repurchase Boost
ZipRecruiter has released its third-quarter 2024 financial results, reporting $117.1 million in revenue but a net loss of $2.6 million. Despite hiring challenges, CEO Ian Siegel reaffirms the company's confidence in the U.S. labor market an
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
Venture CapitalMercer Completes Acquisition of Cardano
Mercer , part of Marsh McLennan, has completed its acquisition of Cardano, significantly expanding its footprint in pension and investment solutions in the UK and Netherlands. This move positions Mercer to address savings gaps and enhance D
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
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