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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Series A Success: Thatch Secures $38M to Reinvent Health Benefits for All
Thatch , a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand
Venture CapitalL2L Acquires SwipeGuide: The Future of the Connected Workforce Is Here
L2L , a leader in connected workforce solutions, has acquired SwipeGuide, a pioneer in mobile-first training and visual job aids for manufacturing employees. This strategic move integrates SwipeGuide's innovative training solutions into L2L
Product NewsSmartJobBoard Unveils AI Matching: A New Era for Job Seekers and Employers
SmartJobBoard, a leading provider of AI-powered job board solutions for associations, nonprofits, and government organizations, has launched a new AI Matching feature. This feature uses advanced AI algorithms to analyze candidates' skills,
Product NewsPapaya Global Unveils Rapid Payroll Platform: Global Compliance in 4 Weeks!
Papaya Global is revolutionizing payroll and payments for multinational companies with its tech-first platform, capable of streamlining global payroll processes in just four weeks, a stark contrast to traditional methods that take years. By
Company NewsSmall and Mid-sized Businesses Simplify Payroll with UKG Ready
The UKG Ready ® HR Suite has been recognized on the Constellation ShortList™ for SMB HCM Suites, marking it as a top choice for small and mid-sized businesses in North America. The suite offers comprehensive tools for HR, payroll, and ti
Venture CapitalFleet Accelerates with $2.5M Seed Round: Driving the Future of Commuter Benefits
Fleet has announced the closure of its $2.5 million seed round led by Congruent Ventures, reaching a total of $5 million in venture capital. This funding supports Fleet's focus on enhancing its commuter benefits management platform, whic
Venture CapitalTilt 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
Company NewsAlight Names Dave Guilmette as Chief Executive Officer
Alight , Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transitio
Product NewsLattice Unveils Game-Changing HRIS at Lattiverse: A New Era in People Management
Lattice announced the official launch of its highly anticipated Human Resources Information System (HRIS) on October 8th. The full functionality of Lattice HRIS will be showcased at the annual Lattiverse conference. After a successful earl
Company NewsUKG Labs Ecosystem Doubles in Size, Adds Nine New Startups
UKG has announced that its UKG Labs, an in-house global startup ecosystem and virtual laboratory, has expanded to include 20 companies. This program accelerates innovation for the frontline workforce by supporting early-stage companies that
Venture CapitalNYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments
Thera , a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll man
Product NewsDayforce Launches AI-Driven Learning Platform to Transform Employee Development
Dayforce , Inc. has launched a new Dayforce Learning experience designed to modernize employee learning and development. This platform integrates AI-driven capabilities and an intuitive user interface within Dayforce's mobile-first HCM plat
Company NewsUKG Wins Global Payroll Industry’s Top Honor
UKG has been named the 2024 Global Payroll Supplier of the Year by the Global Payroll Association for its innovative UKG One View solution, which simplifies multi-country payroll processes for global organizations. The award highlights UKG'
Product NewsPaychex Announces Employee Engagement Solution
Paychex, Inc. , has launched Paychex Flex® Engage, a comprehensive employee engagement platform designed to enhance collaboration and performance management across diverse workforces. This solution integrates features such as employee engag
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
HotNewsNational Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued
The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NA
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
Company NewsWorkday Transforms How Companies Hire and Manage Talent with New AI-Powered HR Solutions
Workday has announced the integration of HiredScore AI for Recruiting and Talent Mobility into its platform, aiming to boost recruiter productivity and streamline talent management. These AI enhancements will assist organizations in acceler
Company NewsPaycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position
Paycom Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per dil
EarningsDayforce Q2 2024: Strong Growth and Exciting Future with $500M Share Repurchase
Dayforce Inc ., a leader in human capital management technology, reported strong financial results for Q2 2024, with recurring revenue up 20% and total revenue up 16%. Operating cash flow increased by 16% year-to-date, leading to a $500 mil
Venture CapitalGigpro Secures $16M Series A Financing Round to Transform Hospitality Labor Market
Gigpro , a prominent on-demand labor marketplace for the hospitality industry, secured $16 million in Series A funding led by Foundry, with contributions from Stage 1 Ventures, Stage 2 Capital, and Detroit Venture Partners. This funding wil
Company NewsUKG Names Jennifer Morgan as Chief Executive Officer
UKG, a leading provider of HR, payroll, workforce management, and culture solutions, has appointed Jennifer Morgan as its new CEO. Morgan, a former Co-CEO of SAP and a member of UKG's Board of Directors since 2021, succeeds Chris Todd, who
Product NewsZipRecruiter Introduces Game-Changing AI Features to Simplify Finding Your Perfect Job
ZipRecruiter® , a prominent online employment marketplace, has unveiled a series of innovative tools designed to streamline the job search process. These enhancements, powered by advanced AI technology, offer job seekers new ways to discove
Product NewsGreenhouse's Summer 2024 Release: Revolutionizing Hiring with AI and Real-Time Data
Greenhouse, a leading hiring platform, announced its Summer 2024 product release featuring new tools to optimize the hiring process and reduce bias. Key updates include Pave Market Data integrated with Greenhouse Offer Data for comprehensiv
Venture CapitalCultureAI Secures $10M to Transform Human Risk Management in Cybersecurity
CultureAI, a leading Human Risk Management Platform, secured $10 million in Series A funding led by Mercia Ventures and Smedvig Ventures, with continued support from Passion Capital and Senovo. Despite extensive investments in security trai
ColumnNews Brief: Workday and SpringHill Debut Trailer of “UNTAPPED” Documentary, Streaming on Netflix This Fall
Workday, Inc., in partnership with The SpringHill Company, has unveiled the trailer for "UNTAPPED: Closing America’s Opportunity Gap." This documentary, produced by LeBron James and Maverick Carter and directed by Josh Kahn, follows six you
Product NewsMyDay™: The Future of Transparent Global Payroll Management by Safeguard Global Pay
Safeguard Global Pay has unveiled MyDay ™, a groundbreaking platform designed to revolutionize global payroll management. This innovative solution aims to eliminate the traditional 'black box' approach to payroll, offering a transparent and
Venture CapitalBenchmark Analytics® Announces Strategic Growth Investment from PSG Equity
Benchmark Analytics , a leading SaaS-based analytics platform focused on improving law enforcement personnel management and officer wellness, has received a strategic growth investment from PSG Equity. This partnership aims to enhance and e
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