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Company News

Visier's First Quarter of 2024 Marks Unprecedented Scale in Generative AI Production Use and Transformational Investment in Analytic Platform Capabilities

Visier , a leader in people analytics, announced key achievements for Q1 2024. Highlights include the launch of "Vee," a generative AI assistant, and the "Open for Builders" initiative. Visier's AI technology now serves 2.1 million Paycor e

May 14, 2024
Earnings

Fiverr Announces $100M Buyback as Q1 Earnings Beat Expectations

Fiverr International Ltd. reported strong Q1 2024 results, with revenue reaching $93.5 million, a 6.3% increase year-over-year, driven by strategic expansion into complex services and SPB growth of 8%. Despite a challenging hiring environme

May 9, 2024
Earnings

Docebo Reports First Quarter 2024 Results

Docebo Inc., a leading AI-based learning platform provider, reported strong financial performance for Q1 2024. The company highlighted significant growth in subscription revenue and profitability, with total revenue reaching $51.4 million,

May 9, 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
Earnings

Paycor Announces Third Quarter Fiscal Year 2024 Financial Results

Paycor HCM , Inc., a leader in human capital management software, reported significant growth in its Q3 fiscal year 2024 results. Total revenues reached $187.0 million, a 16% increase year-over-year, with recurring revenue growing to $172.0

May 8, 2024
Earnings

HireRight Reports First Quarter 2024 Results

HireRight Holdings Corporation reported its Q1 2024 financial results, revealing a slight decrease in revenue to $173.2 million from $175.4 million the previous year, and a net loss of $3.3 million, an improvement over last year's $7.9 mill

May 7, 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
Earnings

Heidrick & Struggles Reports Strong Q1 2024 Earnings, with Strategic Acquisitions Boosting Growth

Heidrick & Struggles International, Inc. reported an 11% year-over-year increase in quarterly revenue, totaling $265.2 million for Q1 2024. The company also declared a quarterly cash dividend of $0.15 per share. Despite the acquisitions of

May 6, 2024
Venture Capital

Kelly enters agreement to acquire specialty talent solutions company, Motion Recruitment Partners, LLC

Kelly , a leading global talent solutions provider, has announced a significant agreement to acquire Motion Recruitment Partners, LLC (MRP), a specialty talent solutions company. This transformative acquisition aims to bolster Kelly's scale

May 3, 2024
Company News

Announcing Our 2024 Workday Partner Innovation Award Winners

These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor

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
Venture Capital

Keep Company Secures $1.4 Million to Revolutionize Caregiver Support in the Workplace

Keep Company, based in Bethesda, Maryland, has announced a successful fundraising of $1.4 million with notable participants including Techstars and VEST Her Ventures. This round will support the expansion of Keep Company's executive team, i

Apr 24, 2024
Venture Capital

Rippling Raises $200 Million at $13.5 Billion Valuation to Expand Integrated Business Software Suite

Rippling has successfully secured $200 million in new financing and arranged for the repurchase of up to $590 million in equity, involving both current and former employees as well as early investors. This funding round, which values Rippli

Apr 22, 2024
Venture Capital

HR Path Acquires GroupeX, leading HCM provider in North America

HR Path Group announced its acquisition of Toronto-based GroupeX Solutions, a key move to strengthen its presence in North America and enhance its HRIS consulting capabilities. GroupeX, known for its partnerships with major software vendors

Apr 22, 2024
Venture Capital

RIVET raises $6 Million to expand Workforce Management to more contractors

Rivet.Work   a leading Workforce Management platform for electrical construction, has successfully secured $6 million in funding, led by Brick & Mortar Ventures, with participation from other investors including defy.vc. This new capital br

Apr 17, 2024
News

eQ8 Announces a Game-changing, New Strategic Workforce Planning Tool for HR, Business Leaders, and more

eQ8 , a leading provider of strategic workforce planning (SWP) solutions, has announced the release of "eQ8 Essentials," a tool designed to make SWP accessible by reducing traditional barriers. This new solution offers a user-friendly app e

Apr 16, 2024
Company News

From LMS365 to Zensai: Rebranding the Future of Work and Talent Development

Zensai , formerly known as LMS365, announces its rebranding and the launch of the Human Success Platform, a comprehensive AI-powered suite aimed at enhancing talent development. This strategic move, symbolizing growth and enlightenment in t

Apr 11, 2024
Venture Capital

Inverness Graham Revolutionizes Employee Engagement with BenefitHub Acquisition

Inverness Graham, a prominent Philadelphia-based buyout firm known for its strategic investments in technology-driven companies, has recently announced its acquisition of BenefitHub . Founded in 1999, BenefitHub stands out as a leading plat

Apr 10, 2024
Venture Capital

Cadient has been acquired by Basis Vectors Capital

Cadient , a frontrunner in talent acquisition for the hourly hiring sector, has been acquired by Basis Vectors Capital, a private equity firm specializing in B2B SaaS investments. This strategic move aims to accelerate Cadient’s growth and

Apr 10, 2024
Company News

SmartRecruiters' Global Footprint: Facilitating 100 Million Job Applications Signals Strong International Growth

SmartRecruiters , an innovative hiring platform, announces significant growth and strategic advancements, marking a notable presence in the global recruitment technology sector. The platform has achieved a milestone with over 100 million jo

Apr 4, 2024
Venture Capital

Industry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams

Homebase , a leader in HR and team management applications for small businesses, announced a $60M Series D funding led by L Catterton Growth with support from Emerson Collective and others. This funding will boost R&D to expand its product

Apr 3, 2024
Venture Capital

ITA Group acquires Cooleaf to form industry-leading employee engagement solution

ITA Group, a leader in employee engagement solutions based in West Des Moines, Iowa, has announced the acquisition of Cooleaf, an innovative recognition and rewards SaaS platform, on April 2, 2024. This strategic move enhances ITA Group's o

Apr 2, 2024
Company News

Enhance Your HR Brand's Influence with DHRmap's Revolutionary Membership Services

DHRmap proudly unveils its specialized membership services, crafted to significantly elevate HR brands' market presence and digital engagement globally. This initiative marks a paradigm shift in HR branding and online marketing, drawing upo

Apr 1, 2024
Venture Capital

Confetti Secures $16M to Redefine Corporate Team-Building in the Digital Age

Confetti , a New York-based startup, has raised $16 million in Series A funding, led by Entrée Capital and IN Venture, to revolutionize corporate team-building. Their platform, acclaimed for its ability to simplify the organization of corpo

Mar 28, 2024
Product News

Oracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities

Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus

Mar 28, 2024
Venture Capital

Brightside Health Raises $33M in Series C to Expand Telemental Health Services Nationwide

Brightside Health, a provider of teletherapy services for depression, anxiety, and other mood disorders, has successfully raised $33 million in Series C funding. The round was led by S32 and included both existing and new investors such as

Mar 27, 2024
Venture Capital

ZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures

ZayZoon , a leader in Earned Wage Access (EWA) for SMBs, announced a $15 million raise in its Series B extension, reaching a total of $49.5 million, led by Viola Fintech and Intuit Ventures, alongside Framework Venture Partners and EDC. Thi

Mar 26, 2024
Venture Capital

Borderless AI Launches from Stealth with $27M Investment to Bring World's First AI Agent to HR Space

Borderless AI, an AI-powered startup, has emerged from stealth with a $27 million seed investment aimed at revolutionizing the HR industry. The company specializes in developing AI agents designed to automate and streamline the process of o

Mar 21, 2024
Company News

Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion

Alight , Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move

Mar 20, 2024
Product News

Oracle Adds New Generative AI Capabilities to Oracle Fusion Cloud Applications Suite

Oracle announced new generative AI capabilities within the Oracle Fusion Cloud Applications Suite, enhancing decision-making and employee/customer experiences across various domains such as finance, supply chain, HR, and marketing. These ca

Mar 14, 2024
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