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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300LightBay Capital Makes Strategic Investment in Questco, a National Leader in Outsourced HR Services
LightBay Capital has made a strategic investment in Questco, a leading professional employer organization (PEO) specializing in outsourced HR services. This partnership aims to support Questco’s growth through direct sales efforts, acquisit
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
EarningsTriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention
TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar
Product NewsAya Healthcare Introduces LotusOne, a Complete Technology Platform to Manage External Labor and Optimize Employed Talent
Aya Healthcare , the largest healthcare talent software and staffing company in the U.S., has launched LotusOne, a comprehensive workforce optimization platform designed to enhance the management of external labor and the planning, sourcing
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
Product NewsFiverr Shows Its Transformation From a Services Marketplace to a Hiring Platform With Its 2024 Summer Product Release
Fiverr is expanding its platform from a services marketplace to a comprehensive hiring solution with its new summer product release. This includes deeper AI integration with Fiverr Neo, a new professions catalog, hourly rate options, and sa
NewsDeel is acquiring Hofy
Fast-growing payroll provider Deel has acquired Hofy , a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. Th
Venture CapitalWorkerHero, Munich-Based Startup, Secures €4M in Series A Funding to Revolutionize Blue-Collar Recruitment with AI
WorkerHero , a Munich-based recruiting technology startup, recently secured €4 million in a Series A funding round led by Mediahuis, with participation from 10x Founders and Bonsai Partners. Founded in 2021, WorkerHero addresses the shortag
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
Product NewsYarooms Launches Yarvis, the AI-Powered Workplace Assistant
Yarooms has introduced Yarvis, an AI-powered workplace assistant designed to enhance team interactions with their workspaces. Yarvis, now in beta on Microsoft Teams, simplifies booking and scheduling tasks, and integrates generative AI to h
Product NewsClearCompany Unveils Virtual Recruiter, an AI-Powered Chatbot Assistant for HR
ClearCompany has unveiled its latest innovation, the Virtual Recruiter, an AI-powered chatbot designed to enhance candidate engagement and recruitment efficiency. Available 24/7, the Virtual Recruiter assists job seekers with applications,
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
Product NewsLattice to Become the First Company to Introduce Digital Worker Employee Records
Lattice has made a groundbreaking announcement as the first company to introduce official employee records for digital workers. Recognizing the profound impact of AI on the global workforce, Lattice aims to ensure transparent and accountabl
Venture CapitalGQR Acquires Uniti Med, Enhancing Workforce Solutions and Expanding Market Reach
GQR , a global workforce solutions firm, has acquired Uniti Med, a healthcare staffing company. This acquisition enhances GQR's market position, placing it among the Top 100 Staffing Firms, Top 50 Healthcare firms, and Top 25 Travel Nursing
Venture CapitalHR Path Secures Historic €500 Million to Fuel Global Expansion and HR Innovations
HR Path , a global leader in HR consulting, has secured a record €500 million in financing from Ardian, a top private investment firm. This significant investment, the largest in the company's history, will propel HR Path's international gr
Venture CapitalPhenom Acquires Tydy, Expanding Platform to Seamlessly Onboard Employees
Phenom has acquired Tydy, enhancing its Intelligent Talent Experience platform by incorporating Tydy's advanced preboarding and onboarding capabilities. This integration aims to create a seamless, efficient transition from hire to productiv
Venture CapitalTokyo's HR Tech Leader SmartHR Secures $140 Million Series E Funding
KKR and Teachers' Venture Growth (TVG) have announced a $140 million Series E investment in SmartHR , a leading cloud-native human resources management platform in Japan. This funding will drive SmartHR's growth, including new solution deve
Venture CapitalHireRight Acquired for $1.7 Billion by General Atlantic and Stone Point Capital
HireRight Holdings Corporation has finalized its acquisition by General Atlantic and Stone Point Capital in an all-cash transaction valued at $1.7 billion. The merger, approved by HireRight stockholders on June 21, 2024, converts all outsta
Product NewsERIN Launches Cutting-Edge Employee Recognition Platform to Boost Employee Retention & Company Culture
ERIN has launched a cutting-edge Employee Recognition Platform designed to enhance employee retention and company culture. This innovative platform integrates peer-to-peer recognition, automated rewards, and gamification to create an engagi
Venture CapitalToptal Acquires Growth Collective: A New Era in Freelance Marketing
Toptal , the world's largest fully remote workforce, launched Toptal Marketing at Cannes Lions 2024, expanding its services to include world-class marketing talent. This launch is complemented by Toptal's acquisition of Growth Collective, a
Product NewsGreenhouse and Pave Launch Offer Insights, Unlock Real-time Talent Data With New Integration
Greenhouse, a leading hiring platform, has partnered with Pave, a top compensation management platform, to introduce Offer Insights. This integration delivers real-time data from over 1 million job offers, enabling talent and compensation l
Product NewsHireClix Announces Social Media Management Services for Employer Branding
HireClix , a leading recruitment marketing services company, has launched its new Social Media Management Services to enhance employer branding and candidate engagement across digital channels. These services aim to help organizations attra
Product NewsCulture Amp Introduces People Analytics
Culture Amp , a leader in employee experience platforms, announces the launch of its new People Analytics product, available from June 30, 2024. This innovative solution, following the acquisition of Orgnostic, integrates with Culture Amp's
NewsBonusly Launches Performance Enablement Solution to Cultivate High-Performing Organizations
Bonusly has launched Bonusly Achieve, a new performance enablement solution designed to modernize and enhance traditional performance management processes. By integrating peer feedback, collaborative meeting agendas, AI-powered notes, and c
Venture CapitalHueman Acquires PrincetonOne: A New Era of Specialized RPO Services
Hueman People Solutions, a leading recruitment process outsourcing (RPO) and talent acquisition firm, has acquired PrincetonOne, a notable RPO provider with expertise in the Pharmaceutical, Biotech, Life Sciences, Manufacturing, and Indus
Product NewsPIXO Unveils Reality Intelligence (RI)™ Offering Designed to Make VR a Winning Reality
PIXO VR has launched Reality Intelligence™ (RI), a new initiative aimed at revolutionizing XR training. Focused on Value Added Resellers, RI offers unmatched flexibility, customization, and management ease for VR training portfolios. As t
Product NewsProsci launches new change management generative AI tool
Prosci , a global leader in change management, has introduced Kaiya, a unique generative AI tool designed for change practitioners and leaders. Kaiya leverages Prosci's extensive intellectual property, including over 25 years of research an
Product NewsBlink Announces Next-Generation AI-Driven Employee Analytics Platform
Blink , a leading employee engagement platform, has launched a next-generation AI-driven analytics tool aimed at enhancing employee engagement and operational efficiency for both deskless and desk-based workers. This new platform provides a
Venture CapitalClearCompany Acquires Brainier Solutions, Inc., an Industry Leader in Customizable Learning Management Solutions
ClearCompany, a leading talent management platform, has announced the acquisition of Brainier Solutions Inc., a pioneer in cloud-based learning management systems. This strategic move underscores ClearCompany’s commitment to integrating lea
Product NewsCloudPay Launches In-App Mobile Payslip Functionality to Enhance Employee Pay Experience
CloudPay, a global leader in payroll solutions, announced the introduction of a new digital payslip feature in its employee app, CloudPay NOW. This enhancement allows employees to easily access and manage their payslips and year-end tax doc
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