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Venture Capital

Deel Extends Strategic Investment in Alviere to Enhance U.S. Worker Payments

Alviere , an embedded finance platform provider, has announced that Deel, a global HR and payroll company, has extended its strategic investment with Alviere to enhance U.S. payments. This partnership aims to provide international contracto

May 28, 2024
Product News

Rightpoint, a Genpact Company, Launches Knowledge AI and Search Function to Drive Productivity Across Enterprises

Rightpoint , a global experience leader and a Genpact company, has launched its Knowledge AI and Search solution. This solution integrates Microsoft Azure AI, Azure OpenAI Service, Azure AI Search, Copilot for Microsoft 365, and Microsoft V

May 28, 2024
Product News

Culture Amp’s Generative AI roadmap: Looking ahead

In an evolving workforce landscape, Culture Amp leverages generative AI through a partnership with Google Cloud's Vertex AI to enhance HR capabilities. By introducing AI-powered Comment Summaries, HR leaders can quickly understand employee

May 27, 2024
Venture Capital

Cornerstone Accelerates Jobs-to-Skills Transformation with SkyHive Acquisition

Cornerstone OnDemand Inc. announced its acquisition of SkyHive Technologies' workforce skills intelligence capabilities and expert team. This move enhances Cornerstone's skills transformation offerings, integrating SkyHive's AI-powered plat

May 22, 2024
Column

Fast-Growing 250-Employee Business Decreases Payroll Processes up to 75% with UKG Ready

UKG, a leader in HR and payroll solutions, has enabled Purple Wave Auction to streamline operations and enhance employee experience using the UKG Ready suite. The rapidly growing online equipment auction marketplace, with 250 employees, has

May 21, 2024
Company News

Jet BI Digitally Cloned all its Employees Using AI

Jet BI, in collaboration with AI startup Eternity.AC, has digitally cloned its entire team of 60 employees to create AI-twins that users control completely. These digital doubles serve both professional and personal roles, fully managed by

May 20, 2024
Product News

Edge of Bliss Transforms the Job Search Experience with Advanced AI

Edge of Bliss has launched Edge GPT, an AI-powered career assistant designed to transform the job search experience for both job seekers and employers. Edge GPT offers personalized resume and cover letter creation, job search optimization,

May 17, 2024
Venture Capital

Anthropos raises $2.7M to help companies build the workforce of the future using AI

Anthropos , a startup with offices in the US and Switzerland, has raised $2.7 million in pre-seed funding to address the pressing issues of talent shortage and skills development. The platform, founded by Stefano Bellasio and Giacomo Marina

May 14, 2024
Product News

Sense Announces Conversational Voice AI for Recruiting

Sense has unveiled its latest innovation, Sense Conversational Voice AI, which integrates with the company's existing Recruiting Automation, Chatbot, and Messaging products. This new technology automates candidate outreach, screening, and s

May 14, 2024
Company News

Revolutionizing Coaching: CoachHub Unveils AI Coaching Companion

CoachHub has introduced its AI Coaching Companion, an innovative AI-driven tool integrated into its digital coaching platform AIMY™. Available as an add-on through the CoachHub app in Microsoft Teams, the AI Coaching Companion provides 24/7

May 14, 2024
Product News

ServiceNow unveils new AI-powered capabilities to help improve employee experiences, supercharge talent development, and optimize in-person work

ServiceNow   announced new AI-powered enhancements at Knowledge 2024, aimed at improving talent development and optimizing workplace collaboration. These include integrating AI into learning experiences to better understand skills and suppo

May 10, 2024
Product News

Sense AI Products Pass Bias Audit Conducted by Holistic AI

Sense , a leader in AI-driven talent engagement, has announced that its AI Chatbot and Candidate Matching products passed a bias audit by Holistic AI. This audit ensures compliance with New York City's Local Law 144, which mandates bias aud

May 8, 2024
Venture Capital

In-House Health Raises $4 Million Seed Round, Unveils AI-Powered Scheduling Platform to Combat Nurse Shortage Crisis

In-House Health , co-founded by Ari Brenner, Sergey Vasilenko, and Shachar Har Zvi, has launched an AI-driven scheduling and management platform designed to revolutionize nursing team operations. The platform, which aims to improve the nurs

May 8, 2024
Company News

UKG to Transform Payroll Reporting with Generative AI

UKG announced at the 42nd annual Payroll Congress Convention and Expo the enhancement of payroll reporting with generative AI, termed GenAI, in its UKG Pro suite. This development introduces conversational AI capabilities, allowing payroll

May 8, 2024
Venture Capital

ServiceNow acquires Advance Solutions IP to enhance talent acquisition experience

ServiceNow has acquired Intella, an end-to-end talent acquisition solution from Advance Solutions Corp., to enhance its Now Platform. This acquisition streamlines the recruitment, hiring, and onboarding processes, integrating these function

May 8, 2024
Venture Capital

ChangeEngine Secures $10 Million Series A Funding To Bring AI-Powered CX Innovation To The Employee Experience

ChangeEngine, a platform uniting Marketing & People teams, announced a $10 million Series A funding led by Threshold Ventures, Struck Capital, and Bonfire Ventures. The investment will enhance hiring, innovate the platform with advanced ana

May 8, 2024
Product News

Cornerstone Redefines Learning and Talent Management with Launch of AI-Powered Workforce Agility Platform, Cornerstone Galaxy

Cornerstone OnDemand announced the launch of Cornerstone Galaxy, a comprehensive AI-powered platform designed to bridge the growing workforce readiness gap. This platform facilitates organizational transformation by identifying skill shorta

May 8, 2024
Venture Capital

Legion Secures $50M Growth Investment Led by Riverwood Capital To Accelerate Market Growth and Drive Global Hourly Workforce Innovation

Legion Technologies , a leader in workforce management, has secured a $50 million funding round led by Riverwood Capital, with participation from various investors. This investment will enhance Legion's R&D and market expansion efforts, aim

May 7, 2024
Company News

New Generation of AI Platforms Set to Revolutionize the $200 Billion HR Technology Market, Says Josh Bersin Company

The Josh Bersin Company has unveiled a significant shift in HR technology with the rise of Enterprise Talent Intelligence systems. These AI-driven platforms, moving beyond mere talent acquisition, now encompass career development, leadershi

May 7, 2024
Venture Capital

Docusign Accelerates Intelligent Agreement Management with Lexion Acquisition

Docusign has announced the acquisition of Lexion, a leader in AI-powered agreement management software, for $165 million in cash. Lexion's technology enhances the contract process by enabling faster drafting, negotiation, and review, and in

May 6, 2024
Venture Capital

MedRisk Agrees to Purchase Casualty Claims Solutions Business from Conduent

MedRisk, a leader in managed physical rehabilitation for workers' compensation, has agreed to acquire the Casualty Claims Solutions business from Conduent, including Strataware products. This acquisition encompasses services like workers' c

May 3, 2024
Earnings

Upwork Reports First Quarter 2024 Financial Results

Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven

May 2, 2024
Product News

Qualtrics' AI Innovations: A New Era for Employee Experience and Retention Strategies

New AI-powered solutions across the Qualtrics XM for Employee Experience suite enable leaders to understand employees more deeply, recognize meaningful trends and deliver a measurable impact on business results Qualtrics XM for Employee Exp

May 1, 2024
Earnings

ADP's Q3 Report: Analyzing the Impact of Strategic Investments and Client Growth

ADP reported a robust fiscal third quarter for 2024 with significant growth across key financial metrics. Revenues rose by 7% to $5.3 billion, driven by solid performance in both Employer Services and PEO Services. Net earnings increased by

May 1, 2024
Product News

Phenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management

Phenom has unveiled a significant update to its HR tech offerings during the IAMPHENOM 2024 Product Innovation Keynote in Philadelphia. The update introduces several new features aimed at enhancing talent acquisition and management. These i

Apr 26, 2024
Venture Capital

Daxtra Acquires Leading Talent Acquisition Communications Hub PivotCX

Daxtra , a leader in AI-powered recruitment solutions, has acquired Indianapolis-based PivotCX, known for its talent acquisition and HR communications hub. The merger integrates PivotCX’s communication tools into Daxtra’s suite, enhancing t

Apr 25, 2024
Company News

UKG Names New President, GTM: Meet Rachel Barger

UKG , a leading provider of comprehensive HR solutions, today announced the appointment of Rachel Barger, the current SVP of the Americas at Cisco Systems, as its new President of Go-To-Market (GTM). Starting May 13, 2024, Barger will overs

Apr 19, 2024
Company News

Upwork Premieres New Partner Program to Expand Ecosystem of Companies Transforming How We Work

U pwork  (NASDAQ: UPWK) has unveiled the Upwork Partners program, a new initiative designed to enhance business collaborations and increase productivity through the integration of skilled independent professionals. The program includes thre

Apr 17, 2024
Product News

Atomicwork Launches New Digital Workplace Experience Solution Powered by Cohere's Enterprise AI Platform

Atomicwork , in collaboration with Cohere, has launched a new AI-powered digital workplace experience solution aimed at boosting workplace productivity and IT support automation. The solution, powered by Cohere's advanced Command R+ large l

Apr 16, 2024
Product News

Greenhouse Announces Spring 2024 Packaged Product Release

Greenhouse, a prominent hiring platform, has unveiled its Spring 2024 product release, introducing several enhancements designed to boost hiring efficiency and decrease the time required to fill positions. Notable features include Texting,

Apr 16, 2024
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