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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300NEOGOV acquires Miller Mendel, integrating eSOPH to strengthen AI-powered background investigations
NEOGOV acquires Miller Mendel Inc., integrating eSOPH into its AI-powered background investigation platform Vetted. eSOPH serves 300+ agencies and has processed 300,000+ investigations. The move expands NEOGOV’s reach in public safety hirin
Venture CapitalSan Francisco-based Worki Raises $2.75M Pre-Seed to Build AI Workforce Infrastructure
Worki , a San Francisco-based healthcare workforce infrastructure company, has raised $2.75 million in pre-seed funding led by Redesign Health and Healthliant Ventures. The company aims to address a critical gap in healthcare AI adoption by
Venture CapitalOrigin Raises $30M Series A+ to Build Global Benefits Intelligence Platform
Origin has raised $30M Series A+ led by Notion Capital, bringing total funding to $50M+ in 12 months. Its AI-powered platform, Cuido™, helps enterprises unify fragmented global benefits data, improve visibility, and reduce costs — with clie
Venture CapitalEl Segundo-Based NEOGOV Buys PowerDetails to Unite On-Duty and Off-Duty Scheduling
NEOGOV has acquired PowerDetails , expanding its public safety workforce platform to cover both on-duty and off-duty scheduling. PowerDetails serves 99,000+ users and has scheduled 7.5M+ off-duty and overtime jobs, strengthening NEOGOV’s un
Venture CapitalFindem Raises $51 M Series C (USA) to Build World’s Largest Expert-Labelled Talent Dataset
In a significant development for HR tech, Findem has raised $51 million in Series C funding to revolutionize talent acquisition through AI powered by expert-labeled, 3D human data. The round, led by SLW with participation from Wing Venture
Venture CapitalIsraeli Startup Gain Introduces AI Workforce Layer, Raises $12M to Redefine Procurement
Gain , an Israel-based deeptech startup, has launched its first AI Employees designed to manage end-to-end procurement processes. The company announced a $12M seed funding round led by The Garage, with participation from BlueRed Partners an
Product NewsDraup Launches Etter.ai to Redefine Workforce Planning with Agentic AI
Draup has launched Etter.ai , an agentic AI platform designed to help enterprises transform their workforce strategies. Built on Draup’s extensive global labor and market data, Etter decomposes job roles into individual tasks, classifying t
Company NewsJosh Bersin Company Research Reveals How Talent Acquisition Is Being Revolutionized by AI
The Josh Bersin Company has released new research, in collaboration with AMS, revealing how AI is revolutionizing talent acquisition (TA). The $850 billion global recruiting market is undergoing a seismic shift from manual, fragmented recru
Company NewsDHI Group Cuts 25% of Workforce at Dice Amid Strategic Restructuring
DHI Group (NYSE: DHX), the parent of tech-focused job boards Dice and ClearanceJobs, announced a 25% workforce reduction as part of a strategic restructuring. This decision follows an earlier 8% layoff in January and will result in $4.2 mil
Venture CapitalAya Healthcare Acquires Locum’s Nest to Advance Innovative Workforce Solutions in the UK
Aya Healthcare, the largest healthcare staffing and talent software company in the U.S., has acquired Locum’s Nest, a leading U.K.-based digital workforce platform that connects clinicians with open NHS shifts. This acquisition aims to comb
Venture CapitalNew York-Based Warp Raises $18M Series A to Build AI-Driven Payroll and Compliance Platform for Startups
Warp , a New York-based HR and payroll automation startup, announced it has raised $18 million in Series A funding , bringing its total funding to $24 million . The round was led by Sound Ventures , with participation from Y Combinator , HO
Venture CapitalZorro Secures $20 Million in Series A to Transform the Healthcare Benefits Industry for Brokers, Employers and Employees
Zorro, an AI-powered insurtech platform, has raised $20 million in a Series A round led by Entrée Capital. The company leverages Individual Coverage Health Reimbursement Arrangements (ICHRA) to provide employers and employees with personali
Product NewseTip Launches Debit Payroll Card to Modernize Tipped Wage Access
eTip, a leading digital tipping platform for hospitality and service sectors, has launched a new no-fee VISA debit payroll card that allows instant access to tips and wages. The card, available in both physical and virtual formats, is desig
Venture CapitalLondon-based Origin Secures $21M Series A to Revolutionize Global Benefits Intelligence
Origin today launched the world’s first Global Benefits Intelligence platform, securing $21 million in a Series A led by Felix Capital (with Acadian Ventures and Notion Capital). Powered by its AI engine Cuido™, Origin centralizes and struc
Venture CapitalSpain-Based Job&Talent Secures €92M to Accelerate AI-Driven Staffing Solutions
Job&Talent , a Spain-based digital staffing platform, has secured €92 million (US$101.3 million) in a Series F funding round, bringing its valuation to €1.3 billion. The funding will accelerate its international growth and support its AI-dr
Company NewsFirst HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis
The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat
Venture CapitalEmploy Acquires Pillar: The Future of AI-Powered Hiring is Here
Employ has acquired Pillar, a leading AI interview intelligence platform, to enhance hiring efficiency and transform talent acquisition. By integrating Pillar’s AI-powered insights, Employ aims to eliminate inefficiencies, accelerate hiring
EarningsAdecco Group Q4 2024 Earnings Report: Revenue at €5.87 Billion, Net Profit Exceeds Expectations at €73 Million
The Adecco Group reported Q4 2024 revenue of €5.87 billion, a 5% organic decline. Despite revenue contraction, the company saw improving momentum, with net profit surpassing forecasts at €73 million. CEO Denis Machuel highlighted cost reduc
Company NewsDHI Group, Inc. Announces Strategic Reorganization Separating the Dice and ClearanceJobs Businesses to Better Capitalize on Unique Market Dynamics
DHI Group, Inc. has announced a strategic reorganization to split its operations into two distinct divisions: Dice and ClearanceJobs. This move aims to focus on the unique market demands of each brand, streamline operations, and improve pro
Venture CapitalRoboForce raises $10M to deploy mobile manipulators
RoboForce, a leading AI Robotics startup, has secured $10M in early-stage funding to revolutionize industrial labor through advanced robotic workforce solutions. Targeting industries like solar, space, and mining, RoboForce's AI-powered "Ro
Company NewsWorkday Named a Leader in 2024 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Ninth Consecutive Year
Workday has been recognized as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for the ninth consecutive year, noted for its ability to execute and innovate. Workday’s AI-powered Illuminate platform enhances workforce management
Product NewsPaylocity Unveils AI Assistant to Transform HR Efficiency
Paylocity has launched its new AI Assistant, a conversational tool designed to simplify and accelerate HR processes for professionals and employees alike. Integrated into the Paylocity platform, the AI Assistant provides real-time, contextu
Product NewsWorkday Launches Illuminate: The Next Generation of Workday AI
Workday Inc. has launched Illuminate, the next generation of its AI platform, designed to transform enterprise operations by leveraging the world's largest HR and finance dataset. Illuminate enhances decision-making, accelerates routine tas
Venture Capitalfinally raises $200M Series B with $50M equity and $150M credit facility
finally , an AI-driven, all-in-one finance and HR suite for small and medium businesses (SMBs), has raised $200 million in Series B funding, consisting of $50 million in equity from PeakSpan Capital and a $150 million credit facility from E
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
Venture CapitalFleet Accelerates with $2.5M Seed Round: Driving the Future of Commuter Benefits
Fleet has announced the closure of its $2.5 million seed round led by Congruent Ventures, reaching a total of $5 million in venture capital. This funding supports Fleet's focus on enhancing its commuter benefits management platform, whic
Venture CapitalNYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments
Thera , a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll man
HotNewsNational Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued
The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NA
Company NewsAdecco Group Reports Resilient Q2 2024 Performance Amid Market Challenges
The Adecco Group reported a Q2 2024 revenue of €5.84 billion , down 2% on an organic and trading days adjusted basis, reflecting market challenges. Despite a 5% drop in gross profit, cost savings measures helped maintain a stable EBITA marg
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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