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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Retail Employment Marketplace Reflex gets $4.5M Seed Funding
AUSTIN — Reflex , the online marketplace that helps brands find and connect with retail superheroes on-demand, today emerged from stealth and announced its $4.5 million oversubscribed seed funding round. Indicator Ventures led the round, w
TopicsMicrosoft announces four new employee workforce initiatives
Today, Microsoft is announcing new changes and investments aimed at further deepening our employee relationships and enhancing our workplace culture. Specifically, we are making changes to U.S. based policies and practices related to noncom
Venture CapitalModern Compliance Training Startup Ethena Announces $30 Million Series B
BROOKLYN, N.Y. , June 7, 2022 /PRNewswire/ -- Ethena , a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew,
Venture CapitalOpal Raises $10M in Series A Funding
Opal continues to empower enterprises to scale their access management processes and boost their security posture. In 2020, we founded Opal to help organizations manage access with the principle of least privilege , where employees are gra
Venture CapitalTeal Raises $6.3 million Seed Round to Champion Career Growth and Optimize the Job Search
Funding will be used to expand Teal's job search tools and build a recommendation engine that helps people learn the right skills to grow in a career they love MIAMI , June 7, 2022 /PRNewswire/ -- Teal , a company that empowers people to
TopicsWhy is People Analytics so Important for HR?
Today’s labour market is tight. Because of the change of environment brought on by the pandemic, social unrest and the great resignation, business leaders and HR professionals are working to learn more about people analytics and how it can
Venture CapitalHackNotice closes $7 million Series A Funding Round Led by Strategic Cyber Ventures
HackNotice will use the funds to expand the business and help companies fight the cybersecurity epidemic. HackNotice, the only company-wide threat awareness platform that enables employees to identify and defend against cyber threats, today
Venture CapitalGo1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform
Editor's note：The market for online education receives a lot of attention in the wake of COVID-19. Australia-based Go1 — one of the rising stars in the world of enterprise learning — is announcing a significant $100 million funding round an
Venture CapitalGuild Closes $175 Million in Series F Financing to Accelerate Mission, Expand With New Employer Partners in Dynamic, In-Demand Sectors
Denver, CO, June 02, 2022 (GLOBE NEWSWIRE) — With competition for frontline workers fiercer than ever due to structural shifts in the labor market, Guild , a Career Opportunity Platform, today announced a $175 million Series F financing ro
JoshBersinJosh Bersin: ServiceNow Acquires Hitch: Entering The Skills And HCM Market
Today was some big news. ServiceNow, the leader in enterprise workflow and employee experience platforms, announced the acquisition of Hitch , a small player in the massive market for skills technology and talent marketplace solutions. Thi
Venture CapitalServiceNow to Acquire Hitch Works to Help Customers Address Talent Gaps
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW) today announced it has signed an agreement to acquire Hitch Works, a skills mapping and intelligence company. Hitch will add a new layer of AI-powered skills insights to the indus
Venture CapitalHourWork Raises Additional $2.5 Million, Increasing Series A Round Fund Raise to $12.5 Million
BOSTON – HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, today announced the closing of $2.5 million in additional Series A funding led by MassMutual’s MM Catalyst Fund (MMCF), which jo
Venture CapitalFlorence raises $35m (£28.5m) series B funding to revolutionise social care
LONDON – June 1st, 2022 : Florence , the UK-based tech innovator for social care, today announced it has raised $35 million (£28.5m) through a Series B funding round. Florence will use the investment for product expansion to support care i
Product NewsADP National Employment Report: Private Sector Employment Increased by 128,000 Jobs in May
ROSELAND, N.J. , June 2, 2022 /PRNewswire/ -- Private sector employment increased by 128,000 jobs from April to May according to the May ADP ® National Employment Report ™ . Broadly distributed to the public each month, free of charge,
Venture CapitalRealWear Raises $23.5M to Turn Successful Industrial Wearable into High Growth Assisted Intelligence Platform Business
New funding will allow RealWear to build a fully integrated software, hardware and cloud subscription platform to further empower frontline workers Santa Clara, CA – June 1, 2022 – At Augmented World Expo (AWE), RealWear, the world’s leadin
Venture CapitalHourly.io Announces $27M Series A
We have some very exciting news to share—we raised $27 million! It’s such an incredible accomplishment for all our team members who worked hard to get us here, and we’re grateful to our new and existing investors who believe in our vision t
Company NewsUKG Names Chris Todd as Chief Executive Officer
Aron Ain transitions to UKG Executive Chair UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced that Chris Todd, president of UKG, has been appointed chief executive officer (CEO), eff
Venture CapitalSkillPointe Secures $2.25 Million in Series B Funding
ATLANTA— SkillPointe, LLC, a three-sided marketplace helping to solve the country’s prevalent skilled worker shortage, today announced the closing of a $2.25 million Series B-3 financing round. The Presidio Group LLC (“Presidio”), the leadi
Venture CapitalFlexa Careers Raises £2.3M in Seed Funding
Flexa Careers , a London, UK – based platform bringing transparency to the hiring market, raised £2.3m ($2.9m/€2.7m) in seed funding. The round was led by Ada Ventures and joined by Auxxo Female Catalyst Fund, angel syndicate HERmesa, and a
EarningsHIRE Technologies Reports $9.1 Million in Revenue, Its Sixth Consecutive Quarter of Revenue Growth
Revenue of $9.1 million for the quarter ended March 31, 2022, up 66% from Q1-2021. Gross margin of $4.5 million was almost double the $2.3 million reported for the first quarter of 2021. Adjusted EBITDA 1 was $1.0 million ($0.1 million - M
OpinionWhat Will The Future of HR Look Like in 2030?
If the turn of 2020 didn’t teach business and HR professionals anything but one thing, it is that the world of work is vastly changing. The good news is that as reported by Sage, 72% of HR say they now have more influence in human capital m
Venture CapitalGerman SaaS startup how.fm raises over €5 million to digitize training for warehouse talent
In the war for warehouse talent, how.fm is making sure warehouse workers are more skilled, trained and supported. German SaaS startup, how.fm, has just raised over €5 million in fresh funding. The round was led by Join Capital, with renew
Venture Capital$43M Series B brings Zip’s valuation to $1.2B
Before we founded Zip, we experienced firsthand the frustrations of the traditional procurement process and the friction it creates for businesses that are trying to innovate quickly— especially in a world where purchasing is becoming more
InfluencersHR Influencers: Laurie Ruettimann
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
InfluencersHR Influencers: Tim Sackett
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
Company NewsWorkReels Launches First Mobile App Specifically for Producing Recruiting Videos
Aims to be TikTok for recruiters, bringing company culture to life for job seekers RICHMOND, Va. , May 25, 2022 /PRNewswire/ -- WorkReels today announced the world's first video storytelling platform built specifically for recruitment a
Product NewsHuman Capital Management (HCM) Solutions Market to observe USD 12.16 Bn growth | 34% growth to originate from North America
NEW YORK , May 25, 2022 /PRNewswire/ -- The global human capital management solutions market size is expected to increase by USD 12.16 billion between 2020 and 2025. The market observed a YOY growth of 9.52% in 2021 and the growth mom
InfluencersHR Influencers: Trish McFarlane
Human resources is an ever-growing field, and it is more interconnected with all sectors. We have compiled some influential people in the HR industry based on some online lists of HR influencers, such as the Human Resource Executive annual
Workday Announces Fiscal 2023 First Quarter Financial Results
Fiscal First Quarter Total Revenues of $1.43 Billion , Up 22.1% Year Over Year Subscription Revenues of $1.27 Billion , Up 23.2% Year Over Year 24-Month Subscription Revenue Backlog of $7.97 Billion , Up 20.9% Year Over Year Total Subscr
Assembled Raises $51 Million in Series B Funding to Accelerate Workforce Management Platform
Funding will bolster company's ability to assist leading companies across industries craft efficient, world-class customer experiences SAN FRANCISCO , May 26, 2022 /PRNewswire/ -- Assembled, the leader in workforce management for modern s
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