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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, aiming to improve the work experiences of hourly employees w
May 7, 2024
AI
EV3 Global Raises $3M to Revolutionize Hiring with AI Technology
EV3 Global, an innovative technology firm based in Denver, announced a $3 million funding round led by Real Tech Capital, alongside other VC firms and private investors. The company, founded in 2022, is revolutionizing the hiring process by leveraging objective, non-discriminatory data within
May 7, 2024
AI
Upwork Reports First Quarter 2024 Financial Results
Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year revenue growth, reaching $190.9 million, driven by innovations an
May 2, 2024
AI
Qualtrics' AI Innovations: A New Era for Employee Experience and Retention Strategies
New AI-powered solutions across the Qualtrics XM for Employee Experience suite enable leaders to understand employees more deeply, recognize meaningful trends and deliver a measurable impact on business results Qualtrics XM for Employee Experience now provides instant summaries of feedback, intera
May 1, 2024
AI
Phenom Releases Massive Wave of HR Tech Innovation: Talent Experience Engine, Next-GenAI Agents, New Platform Experiences, and Updates for Talent Acquisition and Talent Management
Phenom has unveiled a significant update to its HR tech offerings during the IAMPHENOM 2024 Product Innovation Keynote in Philadelphia. The update introduces several new features aimed at enhancing talent acquisition and management. These include the Talent Experience Engine for advanced personaliza
Apr 26, 2024
AI
Handl Health secures $2.5M in Seed Funding to drive innovation for the employer-sponsored benefits ecosystem
Handl Health, an innovative AI platform designed to assist benefits consultants in creating affordable health plans, announced a successful $2.5 million Seed funding round led by Mucker Capital and Everywhere VC. The company aims to transform employer-sponsored healthcare through advanced analytics
Apr 25, 2024
AI
Daxtra Acquires Leading Talent Acquisition Communications Hub PivotCX
Daxtra, a leader in AI-powered recruitment solutions, has acquired Indianapolis-based PivotCX, known for its talent acquisition and HR communications hub. The merger integrates PivotCX’s communication tools into Daxtra’s suite, enhancing the ability to engage candidates quickly and improve conve
Apr 25, 2024
AI
Crosschq Launches Insights, First-of-its-Kind Recruiting Analytics and Quality of Hire Engine
Crosschq, the pioneer in Hiring Intelligence, has launched "Crosschq Insights," a revolutionary recruiting analytics platform designed to enhance the Quality of Hire. This new tool integrates data from various sources, including ATS, HRIS, and more, into a single dashboard, enabling recruiters to cr
Apr 24, 2024
AI
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 Rippling at $13.5 billion, was led by Coatue and saw contributions
Apr 22, 2024
AI
MeBeBot Drives Digital Employee Experience Excellence in Q1 2024
Expands Compliance AI Platform, Strengthens Leadership, and Earns G2 Recognition AUSTIN, Texas, April 16, 2024  -- MeBeBot™, the leading provider of AI-powered employee experience (EX) solutions, today announced significant milestones achieved during the first quarter of 2024. These accom
Apr 16, 2024
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