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Company News

US-based Talent Platform Upwork Expands to Support Full-Time Hiring, Further Unlocking the World’s Work Marketplace for All

New end-to-end hiring solution enables businesses to find, vet, hire and pay global talent for full-time work, with tools to address complexity and risk SAN FRANCISCO, Calif. – February 13, 2023 –  Upwork  (NASDAQ: UPWK), the world’s work m

Feb 13, 2023
Venture Capital

Video Interviewing Startup Willo Raises $1.8M to Expand Its Operations in US, Australia

Willo , a video interviewing company, has recently raised over £1.5 million ($1.8 million) in a funding round led by 1818 Venture Capital, a Guernsey-based early-stage tech investment firm, bringing its total raised to $2.5 million. The cas

Feb 13, 2023
Company News

Elevatus and Rectec Announce Strategic Partnership to Expand Reach and Increase Awareness

LONDON ,  Feb. 12, 2023 -- The globally acclaimed provider of innovative recruiting solutions,  Elevatus , is proud to announce its strategic partnership with the award-winning, vendor intelligence platform,  Rectec . This partnership will

Feb 12, 2023
Venture Capital

Ireland-based Mental Health and Wellbeing Platform Spectrum.Life Raises €5M for its Platform Development and Staff Expansion

DUBLIN, IRELAND, Feb. 10, 2023 -- Spectrum.Life , a provider of employer health and wellbeing services, announced on Friday that it has secured €5M in a funding round led by Act Venture Capital with participation from new and existing inves

Feb 10, 2023
Company News

HR Tech Startup Confirm Launches ChatGPT-Powered Solution for Auto-Drafting Reviews Based on Input from Peers and Managers

Confirm’s technology makes revi ews fairer and more accurate while saving time by automating much of the process SAN FRANCISCO, Feb. 09, 2023 -- Confirm , the first platform to inject the science of Organizational Network Analysis (ONA) int

Feb 9, 2023
Venture Capital

SaaS Platform Rezolve.ai Raises $11M Series A led by SIG Venture Capital

Dublin, California-United States, Feb 9, 2023:  Rezolve.ai  , a leading  AI-powered service desk  provider based in CA, has just closed an $11 million Series A funding round led by SIG Venture Capital in association with Exfinity Venture Pa

Feb 9, 2023
Venture Capital

A Employee Experience Software Company GSoft Acquires Didacte, a Learning Management System Company

An innovative strategy for GSoft to expand its product portfolio and offer its customers the most comprehensive portfolio of employee experience solutions. MONTREAL ,  Feb. 8, 2023 - Today,  GSoft,  a well-established software company that

Feb 8, 2023
Earnings

Paycor Announces Second Quarter Fiscal Year 2023 Financial Results,  Total Revenues up 29% Year-over-year to $132.9 Million

Q2  Total revenues of $ 132.9  million,  an increase  of  29%  year-over-year, while expanding margins Q2 Recurring revenue of $ 125.0  million, an increase of  22%  year-over-year, and the fifth consecutive quarter of achieving our long-te

Feb 8, 2023
Venture Capital

US Based HR Tech Spinout Performica Raises $3M on its Seed Round

The technology company raised $3 million in its initial round of funding led by Surface VC and Bowery Capital. Performica , software helping companies transform people risk into their superpower, announced that it has raised $3 million in i

Feb 7, 2023
Venture Capital

Future of Work Startup ChangeEngine Announces $5.5 Million Seed Funding to Scale Employee Experience Platform

Workplace technology solution expands to deliver the next generation of creator tools for the employee experience. SAN FRANCISCO ,  Feb. 7, 2023  -- Today, ChangeEngine , the innovative workplace technology solution that enables companies t

Feb 7, 2023
Venture Capital

Workday Commits Additional $250 Million Investment Capital to Workday Ventures to Power Technology Innovation

MOUNT KISCO, N.Y. &NEW YORK- Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or “the Company”), a leading professional employer organization (“PEO”) providing HR outsourcing solutions t

Feb 7, 2023
Venture Capital

ShiftMed, a US Based W-2 Healthcare Workforce Management Platform, Raises $200M to Drive Expansion of Leading Digital Health Care Labor Marketplace

With 8x growth in two years, ShiftMed secures capital to accelerate its mission of revolutionizing access to healthcare workers MCLEAN, VA - February 6, 2023 – ShiftMed , one of the largest W-2 healthcare workforce management marketplaces,

Feb 6, 2023
Venture Capital

UK-based Learning Experience Platform HowNow Secures £4 million Series A investment from Mercia Asset Management and Pearson

HowNow , a learning experience platform (LXP) that helps companies onboard, upskill and support employees faster everywhere they work – has secured a Series A £4m($4.8m) investment from Mercia Asset Management  and the world’s leading learn

Feb 6, 2023
Venture Capital

Job Search Advice Website, Career Sidekick, Acquired by Amai Group

FE International, Inc., the global market leader in mid-market technology mergers and acquisitions (M&A), announces the acquisition of Career Sidekick, a job search advice website, by Amai Group. NEW YORK ,  Feb. 6, 2023 --   CareerSidekick

Feb 6, 2023
Venture Capital

EveryoneSocial Closes $13 Million in New Funding to Turn More Employees Into Influencers

SALT LAKE CITY -- EveryoneSocial , a SaaS platform that helps companies activate their employees as social media influencers, announced today that it has secured $13 million in new funding. Led by the company's existing investors - includin

Feb 3, 2023
Earnings

Paylocity Announces Second Quarter Fiscal Year 2023 Financial Results, Total Revenue up 39% Year-over-year to  $273.0 million

Q 2   2023  Recurring & Other Revenue of  $256.4  million,  up   31%  year-over-year Q 2   2023  Total Revenue of  $273.0  million,  up   39%  year-over-year SCHAUMBURG, Ill., Feb. 02, 2023 -- Paylocity Holding Corporation (Nasdaq: PCTY), a

Feb 2, 2023
Venture Capital

New York-Based Private Equity Firm Leeds Equity Partners Acquires TalentNeuron from Gartner, Inc.

NEW YORK ,  Feb. 2, 2023 -- Leeds Equity Partners ("Leeds Equity") announced today that it has acquired TalentNeuron , a leading provider of human capital data and insights subscription solutions to corporations, government organizations an

Feb 2, 2023
Venture Capital

Employment & Labor Law Compliance Technology Company VirgilHR Closes $1.5 Million Pre-Seed Funding Round, Backed by Squadra Ventures, Techstars, SHRMLabs, and TEDCO

GAITHERSBURG, Md. ,  Feb. 2, 2023 -- Employment and labor law compliance technology company VirgilHR announced the closing of  $1.5M in pre-seed funding with backing from Squadra Ventures, Techstars,  SHRMLabs , and  TEDCO . Through its web

Feb 2, 2023
Venture Capital

CAVU HCM Acquires Two Payroll Service Companies Continuing its Accelerated Growth

PEORIA, Ill. ,  Feb. 2, 2023  -- Today, CAVU Human Capital Management   (HCM), an emerging provider of technology, payroll, human resources, and workforce management solutions, announced it has acquired ABCS Payroll located in  DuBois, Penn

Feb 2, 2023
Venture Capital

Talent Acquisition Platform Tribepad Raises £12M in Funding

Tribepad , a Sheffield, UK-based provider of a software platform to improve the recruitment process, raised £12M in funding from UK and Ireland investor BGF. The company intends to use the funds to expand operations and its business reach,

Feb 2, 2023
Venture Capital

Listo Global, Inc. Receives $1.7 Million in Investment Funding

Listo Global, Inc. (“Listo”), a global human resources and employment technology company announced today the receipt of $1.7 million in pre-seed funding by a group of angel investors. The company is one of the only full-lifecycle providers

Feb 1, 2023
Company News

Microsoft Teams Premium: Cut costs and add AI-powered productivity

Modern tools powered by AI becomes a new possible outlet for organizations to boost individual, team, and organizational-level productivity and bring changes to adapt economic uncertainties. Microsoft announces that their new, AI-powered ca

Feb 1, 2023
Venture Capital

Denver-based PAIRIN Closes $2.1 Million Series B Funding and a $2M Line of Credit to Support Continued Expansion

DENVER, February 1, 2023 - PAIRIN , the workforce journey company, today announced the official close of its Series B investment round of $2.1 million in investments and, separately, a $2M line of credit. The capital comes amid PAIRIN's gro

Feb 1, 2023
Venture Capital

Heidrick & Struggles Closes Acquisition of Atreus in Germany, Expanding its On-Demand Talent Footprint

Transaction advances long-term growth and diversification strategy to capture accelerating global opportunities in the on-demand talent market CHICAGO ,  Feb. 1, 2023   -- Heidrick & Struggles ("the Company"), a premier provider of global l

Feb 1, 2023
Venture Capital

Task Management, Inc Staffing Group is Acquired and Becomes a Key Part of the Fast-Growing Jobsquad Staffing Solutions Nationwide Network

Parent Group JobSquad Family of Workforce Solutions, owned by  Indiana -based PE Group Hoosier Investments, adds to their U.S. Staffing Portfolio to Meet Nationwide Demand. Task Management is headquartered in  Ridgefield, Connecticut , and

Feb 1, 2023
Company News

SilkRoad Technology Announces First True End-to-End Talent Acquisition Solution

CHICAGO – SilkRoad Technology , the world-class talent acquisition leader, announced the completion of a two-way integration between its candidate sourcing solution, Search , and its applicant tracking system, Recruiting . The integration c

Jan 31, 2023
Venture Capital

Dalia Raises $5M in Series A Funding to Help Employers Get More Qualified Applicants for Less

BOSTON ,  Jan. 31, 2023 -- Dalia , a recruitment marketing automation platform that helps employers get more qualified applicants for less, today announced the completion of a  $5 million  Series A round . The round was led by Lewis & Clark

Jan 31, 2023
Venture Capital

AU Based AI Coach creator Fingerprint for Success (F4S) raises AU$5 Million in Seed Round

$5M  seed round led by Investible;  $9M  in total funding raised to date Investment to further accelerate product development in Generative AI Coach 'Marlee', the powerful behavioral change app embraced by Canva, Atlassian, KPMG and Baraja

Jan 31, 2023
Venture Capital

Cleary Announces $7.5m in Seed Round Funding amid Strong Demand for Their Employee Experience Platform to Support Distributed Teams

Cleary's approach helps companies create a holistic employee experience while saving on cost, eliminating unnecessary point solutions as remote and hybrid work show staying power. SAN FRANCISCO ,  Jan. 31, 2023 -- Cleary , the digital emplo

Jan 31, 2023
Earnings

ManpowerGroup Reports 4th Quarter 2022 Results

Revenues of  $4.8 billion  (-11% as reported, -1% constant currency (CC)) Gross profit margin of 18.2%, up 100 basis points year over year reflecting business mix progress and solid permanent recruitment trends Talent Solutions experienced

Jan 31, 2023
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