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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300BetterUp 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 CapitalCoram AI Raises $13.8 Million in Series A Funding to Bring AI to Video Security, Boosting Workplace Safety and Efficiency
Coram AI, a cutting-edge leader in AI-native video security, has secured $13.8 million in Series A funding to revolutionize workplace safety and operational efficiency. With technology leveraging advanced vision and language models, Coram’s
Venture CapitalMaki 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
Company NewsDHI Group, Inc. Announces Strategic Reorganization Separating the Dice and ClearanceJobs Businesses to Better Capitalize on Unique Market Dynamics
DHI Group, Inc. has announced a strategic reorganization to split its operations into two distinct divisions: Dice and ClearanceJobs. This move aims to focus on the unique market demands of each brand, streamline operations, and improve pro
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 By modernizing outdated hiring systems, Holly accelerates recruitment for 24 million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 CapitalRoboForce raises $10M to deploy mobile manipulators
RoboForce, a leading AI Robotics startup, has secured $10M in early-stage funding to revolutionize industrial labor through advanced robotic workforce solutions. Targeting industries like solar, space, and mining, RoboForce's AI-powered "Ro
Venture CapitalOnPay Secures $100M+ in Funding to Transform SMB Payroll and HR Solutions
OnPay , a leading provider of payroll, HR, and benefits solutions for small and mid-sized businesses (SMBs), has raised over $100 million in funding. This includes a $63 million Series B round led by Carrick Capital Partners and a debt faci
Venture CapitalTenor Announces $5.4M Seed Funding to Scale AI for Leadership Development
Tenor , a new player in the HR technology landscape, has emerged from stealth mode with $5.4 million in seed funding led by Base10 Partners. Focused on revolutionizing leadership development, Tenor leverages AI-driven simulations to enhance
Venture CapitalTwill Raises $1.4M to Redefine Tech Hiring Through Expert-Driven Recommendations
Twill , a next-generation talent platform, has secured $1.4M in pre-seed funding led by Bloomberg Beta to revolutionize technical hiring. By utilizing peer recommendations and a community of vetted tech professionals, Twill ensures companie
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 NewsRemote Unveils AI-Powered Recruit AI to Tackle Global Hiring Challenges
Remote has unveiled Recruit AI , a groundbreaking AI-driven hiring solution designed to tackle the complexities of global recruitment. With "Matches," an intelligent candidate matching tool, the platform identifies top talent worldwide by a
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 CapitalCoachHub 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
Venture CapitalAdvantageClub.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
EarningsDHI Group Q3 2024 Results: $35.3M Revenue, ClearanceJobs Grows 6% Amid Tech Job Surge
DHI Group , Inc. reported its Q3 2024 financial results, noting a 6% decrease in total revenue year-over-year, while ClearanceJobs showed growth with a 6% increase in revenue. Dice revenue declined by 12%, mirroring overall challenges in bo
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 CapitalOyster’s Specialized Global Employment Platform Attracts New Funding From ServiceNow Ventures
Oyster, a leading global employment platform, recently secured new funding from ServiceNow Ventures, enhancing its ability to support cross-border hiring and simplify complex global employment needs. This latest investment, part of Oyster’s
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
Company NewsDocebo 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
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
EarningsEmpower Reports Record Q3 Earnings: $264 Million After-Tax Base Earnings, $1.8 Trillion AUA, and 46% Net Asset Growth in Personal Wealth
Empower posted record third-quarter earnings driven by strong market returns, business growth, and increased sales. Year-over-year base earnings surged by 35%, reaching $264 million, while assets under administration rose to $1.8 trillion,
EarningsUpwork’s Q3 2024 Financial Results: $193.8M Revenue, Record Net Income of $27.8M, and 22% Adjusted EBITDA Margin
Upwork reported strong financial performance in Q3 2024, achieving a 10% year-over-year revenue increase, with GAAP net income reaching a record $27.8 million and adjusted EBITDA at $43.2 million. The company raised its full-year guidance a
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
EarningsHeidrick & 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 $
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 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
EarningsPaycom 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
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
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