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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Tilt Raises 15M in Series B to Revolutionize Leave Management Technology
Tilt , a leader in leave management solutions, has successfully raised $15 million in Series B funding led by Bramalea Partners, with contributions from HearstLab, Firework Ventures, Origin Ventures, and Techstars. The funding will enable T
Venture CapitalLightcast Acquires Talent Intelligence Provider Stratigens
Lightcast , a leader in global labor market data and analytics, has acquired Stratigens, a UK-based talent intelligence provider known for its data science expertise and innovative analytics. Founded by Alison Ettridge, Stratigens excels in
Product NewsFama Announces New Instagram Reels as a Source Feature
Fama Technologies has introduced "Instagram Reels as a Source," a new feature in their AI-driven candidate screening platform. This innovation allows employers to analyze publicly available video content from Instagram Reels to detect workp
Product NewsSalary.com Adds AI-Powered Real-Time Job Posting Data to Portfolio of Compensation Solutions
Salary.com has introduced SalaryIQ™, an AI-powered, real-time job posting database designed to enhance compensation and recruiting strategies. Leveraging 25 years of experience in job matching, SalaryIQ uses machine learning to scan milli
Company NewsPaycor’s FY 2024 Results: 19% Revenue Surge Driven by HR Tech Innovation
Paycor announced its financial results for the fourth quarter and fiscal year 2024, showing a 19% increase in total annual revenue, reaching $654.9 million. The company introduced a new Compensation Management solution and expanded its API
Venture CapitalSprockets Expands Workforce Solutions with HourWork Acquisition: A New Era for Hourly Worker
Sprockets , an AI-powered hiring solution, has acquired HourWork , a leading platform specializing in post-hire engagement and retention. This acquisition aims to enhance Sprockets' product offerings, covering every stage of the employment
Product NewsVivian Health Revolutionizes Healthcare Hiring with New AI-Driven Features, Surpasses 2M Users
Vivian Health , a leading healthcare talent marketplace with over 2 million users, has launched new features designed to streamline the job search process for healthcare professionals. These enhancements include reusable reference checks, a
Venture CapitalZipRecruiter Acquires People-Powered Job Comparison Site Breakroom
ZipRecruiter has acquired Breakroom, a UK-based employer review platform focused on frontline industries. ZipRecruiter plans to launch Breakroom in the U.S., providing job seekers with transparent insights on pay, work conditions, and cultu
Company NewsDHI Group’s Q2 2024: Resilient Performance Amid Market Challenges with $35.8M Revenue
DHI Group , Inc. reported its financial results for the second quarter of 2024, revealing a mixed performance. Total revenue was $35.8 million, a 7% decrease year-over-year, with notable differences in segment performance. ClearanceJobs sho
Company NewsInsperity Achieves 16% Gross Profit Growth in Q2 2024 Amid Economic Challenges
Insperity , Inc. reported strong financial results for Q2 2024, despite a slight decrease in the average number of worksite employees (WSEEs). Gross profit increased by 16% to $260 million due to strong pricing and lower benefits costs. Net
EarningsADP Reports Fourth Quarter and Fiscal 2024 Results; Provides Fiscal 2025 Outlook
ADP , a global leader in human capital management solutions, reported strong financial results for Q4 and fiscal 2024, with revenues increasing by 7% to $19.2 billion and net earnings rising by 10% to $3.8 billion. The company saw an 11% gr
Venture CapitalWorkJam Announces $20 Million Investment from Export Development Canada to Expand International Operations
WorkJam , a global leader in digital frontline workplace solutions, has secured a $20 million investment from Export Development Canada to accelerate its growth in the EMEA region. This funding will support WorkJam's efforts to equip hourly
Venture CapitalLightBay Capital Makes Strategic Investment in Questco, a National Leader in Outsourced HR Services
LightBay Capital has made a strategic investment in Questco, a leading professional employer organization (PEO) specializing in outsourced HR services. This partnership aims to support Questco’s growth through direct sales efforts, acquisit
Product NewsCangrade Launches Innovative Candidate Matching and Internal Talent Marketplace for Enhanced Recruitment and Employee Engagement
Cangrade has unveiled two groundbreaking products, Candidate Matching and Internal Talent Marketplace, designed to revolutionize recruitment efficiency and employee engagement. These AI-driven tools optimize talent acquisition and interna
Product NewsNetchex Unveils 'Insights' -- Transforming HCM Data Effortlessly into Actionable Stories for HR & Finance Teams
Netchex has launched 'Insights,' a data platform designed to simplify data analysis for HR and Finance professionals. This tool enables users to transform raw data into actionable insights without requiring technical expertise. 'Insights' f
EarningsTriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention
TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar
Venture CapitalWorkstaff closes $1.6M CAD in seed funding for the next phase of its workforce management software
Workstaff , a Montreal-based provider of workforce management tools, has secured $1.6M CAD in seed financing from Impulsion PME and Anges Québec. This investment will facilitate Workstaff’s global expansion and enhance its platform, which a
Venture CapitalHR Path Secures Historic €500 Million to Fuel Global Expansion and HR Innovations
HR Path , a global leader in HR consulting, has secured a record €500 million in financing from Ardian, a top private investment firm. This significant investment, the largest in the company's history, will propel HR Path's international gr
Venture CapitalPhenom Acquires Tydy, Expanding Platform to Seamlessly Onboard Employees
Phenom has acquired Tydy, enhancing its Intelligent Talent Experience platform by incorporating Tydy's advanced preboarding and onboarding capabilities. This integration aims to create a seamless, efficient transition from hire to productiv
Product NewsERIN Launches Cutting-Edge Employee Recognition Platform to Boost Employee Retention & Company Culture
ERIN has launched a cutting-edge Employee Recognition Platform designed to enhance employee retention and company culture. This innovative platform integrates peer-to-peer recognition, automated rewards, and gamification to create an engagi
EarningsPaychex, Inc. Reports Fourth Quarter and Full Year 2024 Results
Solid Total Revenue Growth and Operating Margin Expansion Full Year 2024 Diluted EPS Growth of 9%; Adjusted Diluted EPS (1) Growth of 11% Issues Fiscal 2025 Business Outlook ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (the "Company,"
Product NewsHireClix Announces Social Media Management Services for Employer Branding
HireClix , a leading recruitment marketing services company, has launched its new Social Media Management Services to enhance employer branding and candidate engagement across digital channels. These services aim to help organizations attra
Product NewsCulture Amp Introduces People Analytics
Culture Amp , a leader in employee experience platforms, announces the launch of its new People Analytics product, available from June 30, 2024. This innovative solution, following the acquisition of Orgnostic, integrates with Culture Amp's
NewsBonusly Launches Performance Enablement Solution to Cultivate High-Performing Organizations
Bonusly has launched Bonusly Achieve, a new performance enablement solution designed to modernize and enhance traditional performance management processes. By integrating peer feedback, collaborative meeting agendas, AI-powered notes, and c
Product NewsPrimePay has unveiled HCM Essentials, an all-in-one HCM platform designed specifically for small businesses
PrimePay has unveiled HCM Essentials, an all-in-one human capital management (HCM) platform designed specifically for small businesses. Combining design, function, and affordability, this platform aims to streamline payroll, time, and HR co
Venture CapitalAI-Driven Training Platform Learn to Win Raises $30M to Scale Defense and Commercial Operations
Learn to Win , an enterprise SaaS training platform specializing in personalized, predictive, and secure training software, has successfully closed a $30 million Series A funding round led by the Westly Group, with participation from Norwes
Product NewsBlink Announces Next-Generation AI-Driven Employee Analytics Platform
Blink , a leading employee engagement platform, has launched a next-generation AI-driven analytics tool aimed at enhancing employee engagement and operational efficiency for both deskless and desk-based workers. This new platform provides a
Venture CapitalClearCompany Acquires Brainier Solutions, Inc., an Industry Leader in Customizable Learning Management Solutions
ClearCompany, a leading talent management platform, has announced the acquisition of Brainier Solutions Inc., a pioneer in cloud-based learning management systems. This strategic move underscores ClearCompany’s commitment to integrating lea
Venture CapitalRising Team Raises $8 Million Series A and Introduces Personalized AI Leadership Coach for Building High-Performing Teams
Rising Team, based in Menlo Park, California, has successfully secured $8 million in Series A funding led by Zeal Capital Partners. This investment will support the expansion of its team performance platform, focusing on AI enhancements, hi
Product News15Five Unveils Latest Platform Evolution, Giving HR Leaders a Strategic Command Center for Performance Management
15Five has unveiled a major evolution of its performance management platform, designed to enhance HR teams' ability to analyze and act on employee performance, engagement, and retention data. The new features include advanced demographic an
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