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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Mployer Launches Insights+ The Industry's First Employee Benefits Rating
Mployer, a leading provider of employee benefits ratings and analytics, has launched Insights+, an innovative tool that allows employers, employees, and brokers to rate their benefit plans against similar companies. This free solution offer
Company NewsWorkday Global Workforce Report: Job Market Tightens as AI Reshapes Hiring Processes
Workday's Global Workforce Report for the first half of 2024 highlights a notable trend in the labor market: job applications are increasing four times faster than job openings, creating a competitive landscape for job seekers. Despite this
Venture CapitalVangst Acquires GreenForce - Cannabis Hiring is Back
Vangst , the leading hiring platform in the cannabis industry, has acquired GreenForce, a temporary staffing agency based in Oregon and Arizona, marking its second acquisition of 2024. GreenForce, founded in 2016, specializes in providing t
Venture CapitalAssessio Acquires Wisnio to Redefine Talent Assessment with AI
Assessio International Holding AB has strategically acquired Wisnio, an innovative HR tech provider specializing in talent assessment and development with advanced generative AI technology. This acquisition enhances Assessio's offerings in
Venture CapitalSeries A Success: Thatch Secures $38M to Reinvent Health Benefits for All
Thatch , a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand
Product NewsTalentWell Launches Next Generation of AI-powered Talent Sourcing with Automated, Personalized Videos
TalentWell announces the launch of its advanced talent sourcing platform, leveraging generative AI to revolutionize recruitment. The platform enhances candidate discovery and outreach by creating personalized emails and videos, aiming to s
Product NewsZipRecruiter Launches ZipIntro to Connect Employers and Candidates Faster Than Ever
ZipRecruiter ® has officially launched ZipIntro, a groundbreaking tool designed to expedite the hiring process by enabling quicker, more personal connections between employers and candidates through face-to-face video screenings. After a su
Venture CapitalPaylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
Paylocity Corporation (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll solutions, announced its definitive agreement to acquire Airbase Inc., a prominent spend management software provider. This acquisition, valued at appr
Venture CapitalOyster Raises $59M Series D to Democratize Access to Global Job Opportunities
Oyster® ,a leading global employment platform, has secured $59M in Series D funding led by Silver Lake Waterman. This investment will accelerate Oyster's roadmap, enhance compliance capabilities, and expand its suite of services including g
Product NewsSmartJobBoard Unveils AI Matching: A New Era for Job Seekers and Employers
SmartJobBoard, a leading provider of AI-powered job board solutions for associations, nonprofits, and government organizations, has launched a new AI Matching feature. This feature uses advanced AI algorithms to analyze candidates' skills,
Product NewsAmplify Your Employer Brand with Symphony Talent’s New SFX Brand Amplifier!
Symphony Talent , a global leader in talent acquisition, has unveiled the SFX Brand Amplifier. This innovative recruitment marketing tool is designed to elevate employer branding and attract top-quality candidates by utilizing advanced adve
Product NewsPapaya Global Unveils Rapid Payroll Platform: Global Compliance in 4 Weeks!
Papaya Global is revolutionizing payroll and payments for multinational companies with its tech-first platform, capable of streamlining global payroll processes in just four weeks, a stark contrast to traditional methods that take years. By
Venture CapitalMilan-Based Skillvue Raises $2.8M to Lead Skills-Based Recruitment Revolution
Skillvue , an HR tech startup based in Milan, announced a $2.8 million funding round for its AI platform, which facilitates a skills-based approach in recruitment, talent development, and internal mobility. Founded in 2021 by Nicolò Mazzocc
Product NewsBerniePortal Introduces New Recruiting Feature to Empower Small Businesses in the War for Talent
BerniePortal has introduced a new Recruiting feature tailored for small businesses, designed to enhance their competitive edge in attracting top talent. This feature includes API integrations with major job boards like Indeed and ZipRecru
Venture CapitalDirectEmployers Acquires Equality Magazine’s Job Boards to Amplify Job Visibility & DEI Solution
DirectEmployers Association, a leader in OFCCP compliance and recruitment marketing, announced its acquisition of EqualityMagazines.com and its network of diversity-focused job boards, aiming to enhance job visibility and support inclusive
Company NewsSmartRecruiters Appoints Rebecca Carr as Chief Executive Officer
Rebecca Carr has been appointed the new CEO of SmartRecruiters , bringing extensive experience from her decade-long tenure within the company, most recently as Chief Product Officer. She aims to propel the enterprise's talent acquisition te
Company NewsFTC Takes Action Against Care.com for Deceiving Caregivers About Wages and Availability of Jobs on its Site, Impeding Cancellation Process
The Federal Trade Commission (FTC) has filed a lawsuit against Care.com for misleading advertising regarding the availability of caregiving jobs and the potential earnings from these jobs, which were often overstated. The company also made
Company NewsWorkday Announces Fiscal 2025 Second Quarter Financial Results
Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased
Product NewsSense Launches Career Site Solution to Help Companies Improve Candidate Experience
Sense , a leader in AI-driven talent engagement solutions, has launched a new Career Sites product designed to enhance the hiring process, elevate employer branding, and improve the candidate experience. The platform allows companies to bui
Product NewsSalary.com Adds AI-Powered Real-Time Job Posting Data to Portfolio of Compensation Solutions
Salary.com has introduced SalaryIQ™, an AI-powered, real-time job posting database designed to enhance compensation and recruiting strategies. Leveraging 25 years of experience in job matching, SalaryIQ uses machine learning to scan milli
Product NewsDayforce Launches AI-Driven Learning Platform to Transform Employee Development
Dayforce , Inc. has launched a new Dayforce Learning experience designed to modernize employee learning and development. This platform integrates AI-driven capabilities and an intuitive user interface within Dayforce's mobile-first HCM plat
Venture CapitalAsure Acquires HIRECLICK, Expands HCM Suite with an Intuitive, AI-Powered Applicant Tracking System
Asure (NASDAQ: ASUR), a cloud-based Human Capital Management (HCM) software provider, has acquired HireClick, an AI-powered applicant tracking system (ATS) tailored for small and mid-sized businesses. This acquisition strengthens Asure’s co
Venture CapitalSprockets Expands Workforce Solutions with HourWork Acquisition: A New Era for Hourly Worker
Sprockets , an AI-powered hiring solution, has acquired HourWork , a leading platform specializing in post-hire engagement and retention. This acquisition aims to enhance Sprockets' product offerings, covering every stage of the employment
Product NewsVivian Health Revolutionizes Healthcare Hiring with New AI-Driven Features, Surpasses 2M Users
Vivian Health , a leading healthcare talent marketplace with over 2 million users, has launched new features designed to streamline the job search process for healthcare professionals. These enhancements include reusable reference checks, a
Company NewsFirst Advantage Posts Solid Q2 2024 Results; Anticipates Sterling Acquisition Closure by Q4
First Advantage Corporation reported second quarter 2024 results, showing revenue of $184.5 million and a net income of $1.9 million, which includes $9.2 million in expenses related to the acquisition of Sterling Check Corp. Adjusted net in
Venture CapitalZipRecruiter Acquires People-Powered Job Comparison Site Breakroom
ZipRecruiter has acquired Breakroom, a UK-based employer review platform focused on frontline industries. ZipRecruiter plans to launch Breakroom in the U.S., providing job seekers with transparent insights on pay, work conditions, and cultu
Company NewsZipRecruiter Achieves Strong Q2 2024 Results with $123.7M Revenue and Continued Innovation
ZipRecruiter announced its financial results for the quarter ending June 30, 2024, reporting a quarterly revenue of $123.7 million and a net income of $7.0 million, which represents a 6% net income margin. The company also achieved an Adjus
Product NewsRevelio Labs launches COSMOS, the most comprehensive job postings dataset available
Revelio Labs has unveiled COSMOS, the most extensive job postings dataset globally, encompassing over 2 billion postings from 5.25 million companies in more than 100 languages. Sourced from employer websites, job boards, and staffing firms
Company NewsNetchex Launches Community: An Employee Recognition & Engagement Platform to Build Team Cohesion
Netchex has launched Community, an innovative employee recognition and engagement platform aimed at boosting morale and fostering connections within organizations. Integrated into the Netchex application, Community offers features like pers
Venture CapitalSkillfully Secures $2.5 Million in Seed Funding to Revolutionize Recruitment
Skillfully , a pioneer in simulation-driven hiring solutions, has secured $2.5 million in seed funding led by Better Ventures. This funding will enhance Skillfully's platform, which uses advanced AI tools and a modern skill taxonomy to revo
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