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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300San Francisco-based Mercor Secures $30M Series A to Transform Global Recruitment with AI
Mercor , an AI-driven hiring platform, raised $30 million in Series A funding at a $250 million valuation. The round was led by Benchmark's Victor Lazarte and Bill Gurley, with participation from notable investors like Peter Thiel, Jack Dor
Product NewsWorkday Announces Workday Wellness, A New AI-Powered Solution to Help Companies Deliver More Personalized Health Benefits
Workday has launched Workday Wellness, an AI-powered solution designed to help companies deliver personalized health benefits based on employee preferences. Through a real-time data exchange with wellness partners, companies can easily acce
Company NewsWorkday Ventures Fuels Innovation with Strategic AI Investments in 10 Cutting-Edge Companies
Workday Ventures continues to fuel innovation with strategic investments in AI-focused companies, helping organizations enhance productivity and simplify business processes. The latest investments include firms like Censia, Glean, and Nayya
Company NewsUKG Launches Global Operations Hub in Ireland
UKG , a leader in HR, payroll, and workforce management solutions, is set to more than double its workforce in Ireland by establishing a new Global Operations Hub in Kilkenny. Partnering with the Irish government through IDA Ireland, UKG pl
Company NewsDeloitte Academies Debuts With the Purpose of Helping Organizations Future-proof Leadership Capabilities and Workforce Skills
Deloitte has launched Deloitte Academies, a comprehensive suite of learning experiences designed to develop vital skills for the future workforce, including high-demand areas such as AI, sustainability, and product innovation, as well as en
NewsSeekOut Releases Talent Maturity Model to Help HR Teams Address Pressing Talent Challenges
SeekOut has launched its Talent Maturity Model , an innovative assessment designed to help HR teams evaluate their organization's readiness to address talent challenges effectively. By classifying organizations into four phases—Exploring, E
Company NewsWorkday Global Workforce Report: Job Market Tightens as AI Reshapes Hiring Processes
Workday's Global Workforce Report for the first half of 2024 highlights a notable trend in the labor market: job applications are increasing four times faster than job openings, creating a competitive landscape for job seekers. Despite this
Venture CapitalVangst Acquires GreenForce - Cannabis Hiring is Back
Vangst , the leading hiring platform in the cannabis industry, has acquired GreenForce, a temporary staffing agency based in Oregon and Arizona, marking its second acquisition of 2024. GreenForce, founded in 2016, specializes in providing t
Venture CapitalAssessio Acquires Wisnio to Redefine Talent Assessment with AI
Assessio International Holding AB has strategically acquired Wisnio, an innovative HR tech provider specializing in talent assessment and development with advanced generative AI technology. This acquisition enhances Assessio's offerings in
Venture CapitalSeries 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
Product NewsZipRecruiter Launches ZipIntro to Connect Employers and Candidates Faster Than Ever
ZipRecruiter ® has officially launched ZipIntro, a groundbreaking tool designed to expedite the hiring process by enabling quicker, more personal connections between employers and candidates through face-to-face video screenings. After a su
Venture CapitalPaylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
Paylocity Corporation (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll solutions, announced its definitive agreement to acquire Airbase Inc., a prominent spend management software provider. This acquisition, valued at appr
Venture CapitalMilan-Based Skillvue Raises $2.8M to Lead Skills-Based Recruitment Revolution
Skillvue , an HR tech startup based in Milan, announced a $2.8 million funding round for its AI platform, which facilitates a skills-based approach in recruitment, talent development, and internal mobility. Founded in 2021 by Nicolò Mazzocc
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
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
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'
Venture CapitalCuraLinc Healthcare Secures Strategic Investment to Expand Mental Health Services
CuraLinc Healthcare, a leading provider of workforce mental health and employee assistance programs (EAP), has secured a strategic investment from Lightyear Capital, a New York-based private equity firm. This partnership aims to fuel CuraLi
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 NewsZipRecruiter Achieves Strong Q2 2024 Results with $123.7M Revenue and Continued Innovation
ZipRecruiter announced its financial results for the quarter ending June 30, 2024, reporting a quarterly revenue of $123.7 million and a net income of $7.0 million, which represents a 6% net income margin. The company also achieved an Adjus
Company NewsTrueBlue Reports Second Quarter 2024 Results
TrueBlue reported its second quarter 2024 results, highlighting a challenging market environment marked by economic uncertainty and client caution. Revenue for the quarter was $396 million, down 17% from the previous year. The company incur
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
Venture CapitalWhen Announces $4.6 Million in Seed Funding to Transform the Employee Offboarding Experience
When, an AI-powered offboarding solution, has raised $4.6 million in a Seed funding round led by B Capital, bringing its total funding to $7 million. The funding will be used to expand When's AI-powered health insurance marketplace and grow
Venture CapitalFiverr Deepens eCommerce Solutions with Acquisition of Leading Dropshipping Automation Tool AutoDS
Fiverr has announced its acquisition of AutoDS, a subscription-based platform providing comprehensive solutions for dropshippers, including product research, inventory management, and automated fulfillment. AutoDS serves tens of thousands o
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
Company NewsSalesforce and Workday Form Strategic Partnership, Unveil New AI Employee Service Agent
Salesforce and Workday have announced a strategic partnership to develop an AI-powered employee service agent that enhances productivity, lowers costs, and improves employee experiences. By integrating Salesforce's CRM data with Workday's H
Venture CapitalPassionfruit Closes $9m Series A Funding to Scale its Platform for Independent Work
Passionfruit , a London-based start-up founded in 2022, has secured $9 million in Series-A funding from prominent investors, including Seaya, Firstminute, and Playfair Capital. The platform connects freelance workers with companies such as
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
Company NewsAmerican Staffing Association Announces National Staffing Employee Week
The American Staffing Association (ASA) has announced that National Staffing Employee Week will take place from September 9-15, 2024, celebrating the nearly 13 million temporary and contract workers across the U.S. These employees, who cont
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