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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $3003 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce managem
Product NewsADP and Convera Announce Strategic Collaboration Offering End-to-End Payroll and Payments Solutions
ADP, a global leader in human capital management solutions, and Convera, a prominent B2B payments Fintech, announced a strategic collaboration on November 14, 2023. This partnership aims to provide ADP clients with a comprehensive end-to-en
Product NewsSilkRoad Evolves to Rival: A New Era in AI-Driven Talent Acquisition
SilkRoad Technology has rebranded to Rival, launching Rival Recruit, an AI-powered talent acquisition suite with over 700M passive candidates. This suite enables efficient collaboration for hiring teams, offering features like analytics, AI
Product NewsLinkedIn Introduces New AI-powered Premium Experience
LinkedIn introduced a new AI-powered Premium experience, enhancing personalization in each interaction. This upgrade offers deeper insights into critical topics and personalized career suggestions. It leverages AI to analyze feed posts for
Venture CapitalLondon-based Spotted Zebra's £7.7M Funding: A Leap Towards Skills-Centric Workforce Management
London-based Spotted Zebra, a pioneering skills-based workforce management platform, has successfully raised £7.7M in a Series A funding round. With a vision to address the global skills-gap crisis, the company aims to align individuals wit
Venture CapitalMiami-Based Traba Secures $22M Funding: Revolutionizing Light Industrial Staffing
Traba, a leading marketplace for light industrial staffing, has raised $22 million in a funding round led by Founders Fund. The investment marks a significant valuation increase from last year and includes participation from returning inves
Company NewsADP Launches First All-in-One HCM Solution for the Construction Industry
ADP has launched Workforce Now for Construction, a groundbreaking all-in-one Human Capital Management (HCM) solution tailored for the construction industry. This comprehensive platform addresses the unique challenges faced by construction f
Venture CapitalRedefining Hospitality Workforce Management: New York's Harri Raises $43M in Latest Funding
Harri, a leader in Frontline Employee Experience technology, has successfully closed its Series B funding round, raising $43M led by Atalaya Capital Management and Golub Growth. The funding will accelerate Harri's expansion and innovation i
Product NewsG-P Unveils AI-Enabled Tools for Smarter Global Expansion and Hiring
G-P (Globalization Partners) , the pioneer and recognized leader in the global employment industry, known for setting the standard in global employment compliance, today at the HR Technology Conference & Exposition ® announced first-of-the
Company NewsHow WilsonHCG's Outbound Recruiting Strategy Tripled Candidate Response Rates and Reduced Tool Spend
WilsonHCG's Outbound Recruiting Strategy tripled candidates' response rates and reduce tool spending with hireEZ. Find out how hireEZ helps. Read on. Outbound Recruiting Highlights in 2022 More than 2.2 million candidates qualified throug
Company NewsWorkday Unveils New Generative AI Capabilities to Amplify Human Performance at Work
Workday has announced a suite of new generative AI capabilities aimed at amplifying human performance in the workplace. These features, showcased at the annual Workday Rising conference, promise to revolutionize how businesses manage produc
Venture CapitalSports Coaching Platform TeachMe.To Raises $2M in Seed Funding
TeachMe.To , a San Diego-based provider of a lesson hub for beginners, has raised $2 million in seed funding, led by 1984 Ventures and with participation from Common Metal, Alumni Ventures, as well as a syndicate of angel investors, includi
Venture CapitalFinancial Wellbeing Startup Mintago Closes $4.75m Funding Round
Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK. Founded in 2019 by Chieu Cao, the former co-founder and CMO of Perkbox, Mintago helps empl
Venture CapitalErudit Raises $10M Series A to Help Companies Ditch Surveys and Embrace AI to Transform the Employee Experience
In a groundbreaking move that promises to redefine the landscape of Human Resources, Erudit has successfully secured $10 million in a Series A funding round. Led by an impressive consortium of investors including Conexo Ventures, Athos Capi
Product NewsUnlocking People Advantage: How Sequoia's Comp-OS 2.0 Simplifies HR and Finance
Sequoia has launched Comp-OS 2.0, a comprehensive solution aimed at simplifying the complex landscape of global compensation management for HR and finance leaders. The platform offers real-time visibility into organizational spending and en
Venture CapitalNew York-Based Giftpack AI Secures $4.3M in Seed Funding to Revolutionize Corporate Gifting
The raise will further Giftpack's mission to innovate gifting services and enhance platform functionality to help companies get gifting right NEW YORK , Sept. 21, 2023 Giftpack AI , a leading AI-powered corporate gifting platform, today
TopicsFirst HP Work Relationship Index Shows Majority of People Worldwide Have an Unhealthy Relationship with Work
HP Research Finds Expectations of Work Have Changed Drastically in the Last 2-3 Years News Highlights Only 27% of knowledge workers say they have a healthy relationship with work; India is most healthy, Japan least healthy 83% of knowledge
Venture CapitalSales Commission Startup Performio Scores $13M Funding Round
Performio, a West Hollywood, CA-based incentive compensation software company, raised $13 million in growth capital financing. IRVINE, Calif. , June 14, 2022 Performio , a leading enterprise-grade sales commission software solution provi
Company NewsInternal Hiring Boosts Retention and Saves Money, Yet Has Slumped Post Pandemic, The Josh Bersin Company Finds
Internal mobility initiatives and hiring processes rose in popularity during the pandemic to become a source of innovation , employee retention, a core driver of company culture, and broad savings But the focus on internal recruitment has w
Venture CapitalJustworks Announces Merger Agreement to Acquire Via, an International Employment Platform, to Accelerate its Global Solutions for Small Businesses
NEW YORK, – Justworks, Inc. (“ Justworks ”) today announced that it has entered into a definitive merger agreement with Via Global Ventures, Inc. (“ Via ”) under which Justworks will acquire Via, an international employment platform. With
Venture CapitalB2B Fintech Purchasing Power Lands $177M Debt Financing
Purchasing Power, which links employees and companies to provide flexible purchasing benefits, has secured $177M credit facility. This financing underscores investors' confidence in its platform that enables employees to buy electronics and
Company NewsEasop Announces Strategic Partnership with Carta and Snags Investment from Tech Law Firm Cooley's Fund and SemperVirens
NEW YORK , -- Easop , the equity compensation solution for global teams, announces a significant milestone in its journey towards revolutionizing global employee equity management. In only 18 months, the company has forged a strategic partn
Company NewsPapaya Global and HiBob Team Up to Integrate HR and Payroll Management for Multinational Businesses
LONDON and TEL AVIV, Israel -- HiBob , the company behind Bob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global , the only dedicated payroll and payments platform for global workforces, annou
Venture CapitalWoba, an HR Platform for Employee Retention, Raised €2.95M in Funding to Expedite its Worldwide Influence
Woba , a Copenhagen-based HRTech startup, has recently announced that it has raised €2.95 million in funding from existing investors PreSeed Ventures and Denmark’s export and investment fund, EIFO. With this financing round, the company int
Product NewsCulture Amp Announces Partnership with Pave: Elevating Compensation Management for Businesses Worldwide
MELBOURNE and SAN FRANCISCO and NEW YORK and LONDON -- Culture Amp , the leading employee experience platform, today announces a partnership with Pave , the category-leading compensation management software company. This strategic all
Venture CapitalGympass Raises $85 Million in Series F Funding at $2.4 Billion Valuation, Strengthens Position as the Leading Global Corporate Wellness Platform
Funding comes in a record year for Gympass, as it nearly doubled its customer base to more than 15,000 and surpassed two million employee subscribers across its network of more than 50,000 partners Gympass delivers the best network of gyms,
Company NewsAI-Powered Mobile App Roll™ by ADP® Just Got Even Smarter
ROSELAND, N.J., Aug. 1, 2023 -- As entrepreneurs and small business owners look for opportunities to grow their businesses while balancing demands on their time, ADP 's groundbreaking, AI-driven mobile app, Roll by ADP, now leverages genera
EarningsHireQuest Reports Financial Results for Second Quarter 2023 with 25.3% YoY Increase in Total Revenue
GOOSE CREEK, SC -- August 10, 2023 -- HireQuest, Inc. (Nasdaq:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, reported financial results for the second quarter ended June 30, 2023. Rick H
Company NewsHumanforce and Datacom Have Announced a Partership, Enabling Clients Wishing to Combine WFM & payroll in a Single, integrated User Experience Greater Options and Flexibility
Sydney, 25th July 2023: Humanforce , a Sydney-based, global provider of human capital management (HCM) solutions, announced a partnership agreement with Datacom , Australasia’s largest homegrown technology solutions provider, to provide an
EarningsHAYS Delivered Resilient Financial Results for its Fiscal 2023 Fourth Quarter
July 13, 2023 -- HAYS , a leading global recruitment firm, announced financial results for the fourth quarter ended June 30, 2023. Commenting on the Group’s performance, Alistair Cox, Chief Executive, said: “We delivered a resilient Q4 perf
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