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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TriNet Group, Inc. Announces Plans to Launch a $1 Billion Fixed Price Tender Offer and Repurchase From Atairos, Each at A Cost of $107 Per Share of Common Stock
Dublin, CA — July 31, 2023 — TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), announced its plan to launch a fixed price
Venture CapitalGoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million
NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource
Company NewsTriNet Reports Strong Q2 2023 Results with 15% YoY Increase in Net Service Revenue
TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), announced its second quarter 2023 results. The company reported a net service revenue of $250 million, up 15% year over year.
EarningsADP Releases Fourth Quarter and Fiscal 2023 Results
ROSELAND, N.J. – July 26, 2023 – ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, announced its fourth quarter and fiscal 2023 financial results and provided its fiscal 2024 outlook.
Company NewsAspirion Selects PrimePay to Streamline People Management and Enhance Employee Experience
WEST CHESTER, July 25, 2023 — PrimePay , the human capital management (HCM) company for growing businesses, announced that Aspirion, a leading technology-enabled healthcare revenue cycle management provider for complex claims and revenue i
Company NewsFactorial Improves AI Tool for Skills-Based Hiring in Response to HR Talent Acquisition Challenges
MIAMI , July 25, 2023 -- As talent acquisition continues to challenge companies nationwide and the skills-based hiring trend grows, Factorial , a leading provider of human resources software solutions, has enhanced its AI-powered CV Reader
EarningsPaychex, Inc. Releases 2023 Fiscal Results
ROCHESTER, New York, June 29, 2023-- Paychex , Inc., announced the following results for the quarter ended May 31, 2023 (the "fourth quarter") and fiscal year ended May 31, 2023 ("fiscal 2023"), as compared to the corresponding prior-year p
Venture CapitalSmartlinx Announces Strategic Investment from Lone View Capital to Promote Workforce and Human Capital Management Innovation for Healthcare Providers
ISELIN, N.J. & LOS ANGELES---- Smartlinx (“Smartlinx” or the “Company”), a pioneer and leader in workforce management solutions, announced that Lone View Capital (“Lone View”), a growth-oriented private equity firm investing across the tech
Company NewsNexaLearning to Merge with A HR Consulting Firm JER HR Group to Deliver Expanded Organizational Development & Learning Services
NexaLearning will merge with JER HR Group LLC, a recognized leader in compensation, learning and HR consulting services. NEW YORK, NY – July 18, 2023 JER HR Group and NexaLearning jointly announce their plans for NexaLearning to join JER
Company NewsWorkday Introduces the Next-Generation Elastic Hypercube Technology for Workday Adaptive Planning
PLEASANTON, Calif. , July 11, 2023 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today introduced the next generation of its patented Elastic Hypercube Technology (EHT), the
Venture CapitalMarsh McLennan Agency Acquires Integrity HR, Inc.
Acquisition marks launch of new national HR consulting capability. White Plains, NY, July 6, 2023 – Marsh McLennan Agency , a subsidiary of Marsh, today announced the acquisition of Integrity HR, Inc. , a human resources consulting firm ba
Venture CapitalClair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day
July 6, 2023 – Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th
NewsEmpowering HR with AI: GoCo Announces Breakthrough Capabilities for HRIS Platform
HOUSTON-- GoCo.io , the leading provider of flexible software solutions for HR, benefits, and payroll, today announced the integration of advanced artificial intelligence (AI) capabilities into the platform. With this groundbreaking develop
Venture CapitalZinc Secures a £5 Million Series A to Revolutionise Background Checks
In a round led by AVP (AXA Venture Partners) with participation from existing investor Seedcamp. Zinc , a leading provider of automated global background checks, is transforming the digital work identity landscape with an innovative approac
Venture CapitalImpellam Says in Talks to be Acquired by HeadFirst Global
Global staffing firm Impellam Group plc is in talks to be acquired by HeadFirst Global . Impellam announced the discussions in a regulatory filing on July 4 with the London Stock Exchange. It noted HeadFirst Global has until Aug. 1 to eithe
NewsHRSoft Expands Leadership Position in the Compensation Management Market With CompTrak Acquisition
DENVER, CO – June 20th, 2023 – HRSoft , the global leader for cloud-based Compensation Lifecycle Management software, announced that it has acquired CompTrak , a compensation management solution provider based in Toronto, Canada. By adding
Venture CapitalHRSoft Expands Leadership Position in the Compensation Management Market with CompTrak Acquisition
Combined Entity Will Further Enable Global Compliance and Complex Compensation Planning and Execution with Scalable Enterprise-Grade SaaS Solutions DENVER, CO (June 20th, 2023) — HRSoft , the global leader for cloud-based Compensation Lif
Company NewsDHRmap Participates in the 76th SHRM Exhibition, Welcomed by Over 23,000 HR Professionals Worldwide!
[June 18, 2023, Las Vegas] - The world's leading innovative digital HR media service company, DHRmap, has successfully debuted at the 76th SHRM Annual Conference. This is the world's largest HR conference, and DHRmap exhibited alongside lea
Venture CapitalVERITONE CLOSES ACQUISITION OF BROADBEAN
Accelerates AI Leadership in Global Talent Acquisition and Recruiting Veritone HR Solutions delivers powerful suite of AI-enabled recruitment solutions to enhance operational efficiency, automation and data-driven hiring decisions for emplo
Company NewsVeritone Amplifies Its AI-Driven HR Solutions Suite with Broadbean Acquisition
Veritone, a leader in enterprise AI, has completed the acquisition of Broadbean, a global leader of SaaS technology from CareerBuilder, bolstering its AI-driven HR solutions. Broadbean's job distribution software, extensive network and data
Company NewsTriNet Launching Platform Enhancements to Meet Increased Complexities of Running a Small and Medium-Size Business
LAS VEGAS , June 12, 2023 -- Today at the SHRM (Society for Human Resource Management) Annual Conference and Expo 2023, TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesse
Company NewsBambooHR Innovates Employee Benefits Enrollment with Launch of New Administration Solution
BambooHR, the renowned provider of cloud-hosted HR software, has launched Benefits Administration, a new solution that aims to simplify benefits enrollment for many organizations. Integrated directly into the BambooHR platform, Benefits Adm
Venture CapitalGrowthCurve Capital Acquires Netchex to Further Accelerate Growth
Netchex to leverage GrowthCurve’s expertise in data analytics and AI to accelerate growth Covington, LA and New York, NY – June 7, 2023 – Netchex (“Netchex” or the “Company”), a leading provider of cloud-based human capital management and
Venture CapitalVeritone To Acquire Broadbean, Signifying Deeper, Global Commitment For Veritone’s AI-Powered Human Resources Solutions
Acquisition expected to be immediately accretive, generating annualized SaaS revenues of over $35 million, of which over $30 million is subscription-based with attractive margins Acquisition of Broadbean will advance current human resource
EarningsWorkday Announces Fiscal 2024 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.68 Billion, Up 17.4% Year Over Year Subscription Revenues of $1.53 Billion, Up 20.1% Year Over Year 24-Month Subscription Revenue Backlog of $9.79 Billion, Up 22.9% Year Over Year Total Subscripti
Product NewsWorkday Once Again Named a Leader in Human Capital Management by Independent Research Firm
Workday Human Capital Management Scores Highest in Strategy Category of HCM Vendor Report PLEASANTON, Calif. , May 22, 2023 Workday, Inc . (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources , tod
Venture CapitalGREEK JOB BOARD OPERATOR KARIERA ACQUIRES CAREERBUILDER’S INTERNATIONAL BUSINESS
Kariera SA , a job board provider headquartered in Athens, Greece, has acquired the European and Asian businesses of job board operator CareerBuilder as it builds out its international operations. Kariera itself was formerly owned by Career
Company NewsDeepBrain AI Launches AI Interview
New SaaS service streamlines the hiring process with generative AI PALO ALTO, Calif. , May 16, 2023 -- Today, DeepBrain AI, a deep-learning based video synthesis startup company and innovator of AI-generated Virtual Humans, announced A
AcquisitionGlobal employee engagement platform, Reward Gateway acquired by worldwide leader in Employee Benefits, Edenred, for £1.15 bn
LONDON , May 16, 2023 -- Global employee engagement company, Reward Gateway has been acquired by the world's leading platform for people at work, Edenred for £1.15 bn from funds managed by Abry Partners and Castik Capital. Together Ede
Company NewsVNDLY Rebranding as Workday VNDLY: A Significant Step Towards Comprehensive Workforce Management
The workforce management landscape has taken a monumental leap forward as Workday, a leading provider of enterprise cloud applications for finance and human resources, announces the rebranding of VNDLY as Workday VNDLY . The integration of
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