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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ClearCompany 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
Product NewsKumanu Launches AI Coach to Elevate Whole Person Wellbeing
Kumanu has launched the latest version of its platform, Purposeful, featuring AI Coach, which uses evidence-based principles to enhance digital health coaching. AI Coach aims to boost intrinsic motivation and sustained behavior change while
Venture CapitalBridgepoint to back LumApps as majority investor for its next stage of growth
LumApps , a French startup known for its "intranet superapp" platform for internal communications and workforce applications, has announced that private equity firm Bridgepoint will acquire a majority stake in a $650 million deal. This tran
Product NewsRightpoint, 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
Company NewsDefense Intelligence Agency (DIA) Selects Workday to Accelerate its Human Resources Modernization Efforts
Workday has announced that the Defense Intelligence Agency (DIA) has selected Workday Government Cloud to modernize its human resources processes, marking Workday's entry into the U.S. Intelligence Community. This partnership, supported by
Venture CapitalCornerstone 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
ColumnFast-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
Product NewsFountain Launches New AI Products to Help Customers Manage Frontline Workforce
Fountain , the leading platform for frontline workforce management, has introduced four new products: Fountain Assist, Fountain I-9 Center, Fountain Reach, and Fountain Communicate. These tools are designed to enhance hiring, onboarding, an
Venture CapitalSona, next-generation workforce management for frontline, raises $27.5M Series A led by Felicis
Sona , an advanced workforce management platform for frontline enterprises, announced a $27.5M Series A funding led by Felicis, with participation from Northzone, Gradient, and others. This brings Sona's total funding to over $40M. The capi
Venture CapitalAnthropos 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
Venture CapitalWorky Raises $6 Million to Drive Growth and Accelerate Adoption of Cloud-Based HR and Payroll Solution in Mexico
Worky , an all-in-one HR and payroll software designed for Mexican companies, recently secured $6 million in Series A funding led by Atlántico and ADP Ventures. Founded in 2018, Worky aims to modernize employee recruitment, management, and
Company NewsRevolutionizing 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
EarningsDocebo 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,
Venture CapitalIn-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
EarningsPaycor 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
Product NewsCornerstone 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
Venture CapitalLegion 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
EarningsPaylocity Announces Third Quarter Fiscal Year 2024 Financial Results
Paylocity Holding Corporation reported strong financial results for Q3 of fiscal year 2024, with a significant 18% increase in total revenue, reaching $401.3 million. Recurring and other revenues also rose by 17%, totaling $366.8 million. A
EarningsTriNet Announces First Quarter 2024 Results
TriNet Group, Inc. reported its Q1 2024 financial results, highlighting a modest revenue increase to $1.3 billion and a 4% growth in professional service revenues. Despite challenging economic conditions, the company achieved a net income o
Venture Capital401GO Raises $12M Series A to Fuel Next Phase of Growth
401GO , a fintech company specializing in modern retirement solutions, has successfully secured $12 million in Series A funding led by Next Frontier Capital, with participation from Rally Ventures, Impression Ventures, and Stout Street Capi
Company NewsReclaim.ai Launches Smart Meetings, First-Ever AI Tool to Automate Meeting Scheduling Across Teams
Reclaim.ai has unveiled "Smart Meetings," an innovative solution designed to streamline the scheduling of meetings by leveraging AI and machine learning. This release targets the reduction of time spent on managing calendars, which, as Recl
Venture CapitalRIVET 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
Product NewsAtomicwork 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
Product NewsHiBob Introduces an Integrated Applicant Tracking System for Strategic Hiring
HiBob introduces "Bob Hiring," a sophisticated Applicant Tracking System integrated into the wider HR platform, Bob. This new system, launched in New York and London, combines candidate, employee, and business data to facilitate informed d
Product NewsVisier Ships "Vee," an Industry First Generative AI Digital Assistant for People Insights
Visier has officially launched its generative AI assistant, Vee, which is now available to all customers. Powered by Microsoft Azure OpenAI Service, Vee integrates with Microsoft Teams, allowing users to obtain reliable and accurate workfor
Company NewsBetterUp Names Jolen Anderson as Chief People and Community Officer
Visionary People Leader Joins Human Transformation Company AUSTIN, TX – April 4, 2024 – BetterUp , the human transformation company and pioneer of virtual coaching, today announced the appointment of Jolen Anderson as the company’s first-e
Venture CapitalSeso Closes $26M Series B to Build Critical Software for American Farmers
Seso , an agricultural workforce management platform, announced a $26M Series B funding round led by BOND, with contributions from Index Ventures, NFX, SV Angel, and others, including customer participants. Seso aims to revolutionize farm l
Company NewsEnhance 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
Company NewsWorkday Announces Completion of HiredScore Acquisition: A New Chapter in AI-Driven Talent Solutions
Workday has finalized its acquisition of HiredScore, a leader in AI-driven talent solutions, marking a significant advancement in HR technology. This merger enhances Workday's suite of talent acquisition and mobility services by incorporati
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