Tagged annual recurring revenue
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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Deel Surpasses $1.5B ARR With 15th Acquisition, Embedding Clarity’s Deepfake Defense Across Global Hiring
Deel has acquired AI cybersecurity company Clarity in its 15th acquisition after surpassing $1.5B in ARR. Clarity’s deepfake detection and identity verification will connect candidate screening, onboarding, device provisioning, and workforc
Venture CapitalNew York Savings Infrastructure Platform Vestwell Raises $385M to Expand AI-Native Capabilities
Vestwell has raised $385 million in Series E funding, doubling its valuation since its 2023 Series D. The round was led by Blue Owl Capital and Sixth Street Growth, with participation from major institutional investors including Neuberger B
Venture CapitalVeroSkills Secures Funding to Scale AI-Powered Staffing Platform Addressing America's $1 Trillion Blue-Collar Labor Crisis
VeroSkills has raised US $5.3 million to scale its AI-powered staffing engine aimed at solving a US $1 trillion blue-collar labour-shortage. In the past six weeks the company contracted US $15 million in annual recurring revenue by matching
Venture CapitalSan Francisco Startup Juicebox Secures $36M Total Funding to Redefine Talent Search
Juicebox , a San Francisco-based startup founded by David Paffenholz and Ishan Gupta, has raised a $30 million Series A led by Sequoia Capital, bringing its total funding to $36 million. The company’s flagship product, PeopleGPT, uses AI to
Venture CapitalKKR Acquires Stake in HRM Platform Employment Hero from SEEK Investments
KKR, a leading global investment firm, has acquired a stake in Employment Hero, a prominent HR management platform, from SEEK Investments. Despite this transaction, the SEEK Growth Fund will continue as a material investor in the company. E
Company NewsDocebo Posts $55.4M Revenue in Q3 2024, Driven by 21% Growth in Subscription Revenue
Docebo reported strong third-quarter 2024 results, showcasing a 19% year-over-year revenue increase, primarily driven by subscription growth which constituted 95% of its total revenue. The company recorded a net income of $5 million and adj
NewsDeel is acquiring Hofy
Fast-growing payroll provider Deel has acquired Hofy , a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. Th
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 CapitalDeel Is Acquiring Payroll Company PaySpace
Deel, a global payroll and HR company, has announced its acquisition of PaySpace, an African-based payroll and HR company, enhancing its position as a market leader in global payroll and expanding its infrastructure. This acquisition, along
Company NewsDocebo Reports Fourth Quarter and Fiscal Year 2023 Results
Docebo Inc., a leader in AI-driven learning platforms, announced its Q4 and fiscal year 2023 financial results, showcasing significant growth. With a 28% increase in subscription revenue to $46.5 million and a total revenue rise of 27% to $
Company NewsCarl Eschenbach Takes the Helm as Workday CEO
Official Appointment Follows a Year of Strong Business Momentum, International Expansion, and Leadership Team Growth PLEASANTON, Calif. , Jan. 31, 2024 Workday (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and
Venture CapitalMercor Secures $3.6M in Funding, Unveils AI-Powered Talent Matching Platform
In a remarkable leap forward in the recruitment technology sector, Mercor has announced a significant milestone, securing $3.6 million in funding. The round, led by General Catalyst, saw participation from notable investors including Scott
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