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Ex-McKinsey, Bain and BCG trio’s Spott lands $21M to build AI recruiting platform - Tech Funding News
AI recruiting startup Spott, co-founded by alumni of McKinsey, Bain, and BCG, has reportedly closed a $21M funding round to advance its AI-powered hiring platform, according to Tech Funding News. Investor names, round type, and product specifics have not been disclosed.
Magentic raises $18M to build the AI workforce for the physical world
Magentic has raised an $18M Series A led by Felicis, with Sequoia Capital and The Westly Group participating. Its multi-agent digital workers manage procurement workflows end to end. Customers report 2–5% savings, 60% better data quality, and $4M found at one company.
Venture CapitalAtlanta-Based AI Leadership Platform Huper Raises $1.5M Pre-Seed
Atlanta-based Huper has raised $1.5M in pre-seed funding from Nadia Partners, Link Ventures, and Jim Brown (Long Ridge Equity Partners) to build a security-first AI Chief of Staff. The platform launches alpha April 15 and aims to reduce the
Venture CapitalgoFLUENT Acquires Learnship Networks GmbH Operations to Strengthen Global Corporate Language Training Leadership
goFLUENT, a global leader in corporate language training and language assessment solutions, has announced the acquisition of the business operations of Learnship Networks GmbH. The transaction reinforces goFLUENT’s leadership in enterprise
Company NewsOyster Announces New CEO to Scale AI-Enabled Global Employment, Impact in Emerging Markets
Oyster, a global employment platform and Employer of Record (EOR), has announced a leadership transition aimed at accelerating its next phase of AI-enabled global expansion. Founder and CEO Tony Jamous will move into the newly created role
Product NewsFountain Launches Frontline OS to Cut New Hire Screening Time of Frontline Workers by up to 98% and Boost Retention by 50% Through Agentic AI
Fountain has launched Frontline OS , an AI-native operating system designed for the world’s 2.7 billion frontline workers. Powered by Copilot AI with Anthropic’s Claude models, the platform automates hiring, onboarding, scheduling, complian
Venture CapitalWorkWhile Secures $23 Million Series B, Fueling AI-Powered Revolution in $650B Staffing Industry
WorkWhile , an AI-driven labor platform transforming the $650B staffing industry, has raised $23 million in a Series B round led by Rethink Impact. The company leverages machine learning to match businesses with reliable hourly workers, ach
Venture CapitalPalo Alto-Based Lumber Raises $15.5M Series A to Transform AI-Powered Construction Workforce Management
Lumber , an AI-powered workforce management platform for the construction industry, has secured a $15.5 million Series A funding led by Foundation Capital , with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and F
Company NewsDHI Group’s Q2 2024: Resilient Performance Amid Market Challenges with $35.8M Revenue
DHI Group , Inc. reported its financial results for the second quarter of 2024, revealing a mixed performance. Total revenue was $35.8 million, a 7% decrease year-over-year, with notable differences in segment performance. ClearanceJobs sho
NewseQ8 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
Product NewsWisq Launches First Personalized AI Guide for Managers
Wisq introduces an AI-powered coaching guide designed to transform managers into inspirational leaders. By providing personalized, real-time guidance and expert advice, this platform addresses the coaching gap for middle managers. Availabl
Company NewshireEZ:What is ai for recruiting and will it replace recruiters?
Unveiling AI Recruiting: Your Friendly Sidekick in the Hiring World In a world where tech lingo seems to evolve faster than we can say “algorithm,” there's a buzzword that's been making waves in the recruiting realm: AI recruiting. But what
ColumnWorkday:Using AI to Empower an Augmented Workforce
This article explores the concept of an augmented workforce, where artificial intelligence (AI) and human collaboration enhance productivity and innovation across industries. It emphasizes the importance of integrating AI with a human-centr
Venture CapitalWorkGenius Group Expands Global Presence by Acquiring Expertlead
NEW YORK CITY, 8/8/23 – WorkGenius , a freelance technology company headquartered in New York City, has announced the acquisition of Expertlead , a Berlin-based technology firm known for matching tech freelancers with companies and offering
HR TechnologyMagnit Announces Skills-Based Advisory Services To Redefine Approach To Talent Sourcing And Retention
Magnit , the industry-leading Integrated Workforce Management (IWM) platform provider, today announced that it has added new skills-based advisory services to its flagship platform to support a more strategic approach to hiring that focuses
Venture CapitalBoston-based Torc acquires Codealike to empower software developers with data to advance skills and careers
Free Coding Performance Application Improves Software Community Skills and Job Opportunities, Quantifies Enterprise Value of Remote Talent BOSTON – Mar. 23, 2023 – Torc , the nearshore intelligent talent network connecting quality remote d
Venture CapitalGable Raises $16 Million to Help Remote Employees Work Together
SAN FRANCISCO , Feb. 28, 2023 -- Gable , the startup that helps distributed companies manage office space for their workforce, today announced a $16M funding. On Gable's portal, employees can see where their coworkers are working that da
Venture CapitalSan Francisco-based Upduo Secures $4 Million in Seed to Help Teams Leverage Peer-to-peer Learning
SAN FRANCISCO-- Upduo , the peer-to-peer learning platform for data-driven teams, today announces that it has raised $4 million in seed capital. The funding round was led by Impact Venture Capital with participation from Sky9 Capital and an
EarningsDocuSign's FY2023 total revenue surges to $2.5 billion, driven by strong demand for e-signature products
DocuSign Announces Fourth Quarter and Fiscal Year 2023 Financial Results SAN FRANCISCO , March 9, 2023 -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 e-signature product as part of its industry leading lineup, today announce
Venture CapitalWorkspace Management Provider Gable Raises $16 Million to Help Remote Employees Work Together from Anywhere
With Gable, companies let employees choose from over 2,000 office spaces and work alongside their teammates SAN FRANCISCO , Feb. 28, 2023 /PRNewswire/ -- Gable , the startup that helps distributed companies manage office space for their
Company NewsWorkday and McKinsey Team Up to Unleash the Power of Finance and People Data for Businesses
The explosion of data across organizations has revolutionized how leaders think about driving change. However, data-driven opportunities to move faster and make better-informed finance and people decisions are challenging to seize and execu
Venture CapitalKadmos raises €29m in Series A funding round led by Blossom Capital to streamline payment processes for cross-border workers
Kadmos’s end-to-end solution means employers can cut expenses and administrative work while workers can save transaction and remittance costs when receiving salaries and forwarding savings to their families The Series A funding builds on si
Venture CapitalPave Raises $100M Series C and Acquires Option Impact
Pave’s acquisition of Option Impact from Morgan Stanley increases our customer count to 5,700. This makes Pave the largest compensation provider for private companies in the world. Learn more here about the acquisition and new round of
Venture CapitalShare Mobility raises $12M to help companies offer transportation to their employees
Share Mobility , which provides transportation solutions for companies, today announced that it closed a $12 million Series A led by Iron Gate Capital and Renewal Funds with participation from Employment Technology Fund, JobsOhio, Seamless
Venture CapitalRetail Employment Marketplace Reflex gets $4.5M Seed Funding
AUSTIN — Reflex , the online marketplace that helps brands find and connect with retail superheroes on-demand, today emerged from stealth and announced its $4.5 million oversubscribed seed funding round. Indicator Ventures led the round, w
Company NewsUKG Names Chris Todd as Chief Executive Officer
Aron Ain transitions to UKG Executive Chair UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced that Chris Todd, president of UKG, has been appointed chief executive officer (CEO), eff
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