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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Checkr Acquires Truv, Expanding Into a $45 Billion Identity and Verification Market
Checkr has acquired Truv, expanding its AI-powered verification platform into government benefits eligibility while strengthening mortgage verification. Truv’s network reaches 96% of the U.S. workforce; Checkr serves 140,000+ customers glob
Product NewsADP Launches ADP Assist AI Agents Powered by 1.1M Clients and 42M Workers Globally
ADP launches new ADP Assist AI agents to automate payroll and HR tasks. Built on data from 1.1M clients across 140+ countries and 42M wage earners, the agents audit payroll variances, guide tax registration, answer policy questions and trig
Venture CapitalLightcast Acquires Skill Collective to Drive Skills-Based Workforce Transformation Worldwide
Lightcast has acquired Skill Collective to accelerate the global shift toward skills-based enterprises. The deal unites Lightcast’s world-leading labor market data and universal skills taxonomy with Skill Collective’s expertise in strateg
Venture CapitalEnrich Layer Acquires HR Signal® to Integrate Market-Leading Workforce Insights Engine™ into their Data Platform
Enrich Layer , a leading provider of unified B2B data enrichment APIs, has acquired HR Signal®, an AI-driven predictive workforce analytics platform known for its proprietary Workforce Insights Engine™. This strategic acquisition aims to ex
Venture CapitalUK-Based Ravio Secures $12M to Disrupt Outdated Salary Practices with Live Benchmarking Tools
Ravio , a London-based compensation data platform, has secured a $12 million Series A round led by Spark Capital to transform how companies manage pay. With outdated compensation benchmarks often based on data that is over a year old, Ravio
Venture CapitalCheckr Expands into Employment Verification with Acquisition of Truework
Checkr has announced its acquisition of Truework , a major player in income and employment verification. This strategic move allows Checkr to expand beyond background checks into the multi-billion dollar employment verification industry. Tr
Company NewsUKG Appoints Former Autodesk CIO Prakash Kota to Lead Global Tech and AI Strategy
UKG has appointed Prakash Kota as its new Chief Information Officer, marking a strategic move to enhance its global HR and workforce management offerings. With over two decades of experience in enterprise technology, including his recent ro
Product NewsNetchex Unveils 'Insights' -- Transforming HCM Data Effortlessly into Actionable Stories for HR & Finance Teams
Netchex has launched 'Insights,' a data platform designed to simplify data analysis for HR and Finance professionals. This tool enables users to transform raw data into actionable insights without requiring technical expertise. 'Insights' f
Venture CapitalPhenom Acquires Tydy, Expanding Platform to Seamlessly Onboard Employees
Phenom has acquired Tydy, enhancing its Intelligent Talent Experience platform by incorporating Tydy's advanced preboarding and onboarding capabilities. This integration aims to create a seamless, efficient transition from hire to productiv
Venture CapitalHireRight Acquired for $1.7 Billion by General Atlantic and Stone Point Capital
HireRight Holdings Corporation has finalized its acquisition by General Atlantic and Stone Point Capital in an all-cash transaction valued at $1.7 billion. The merger, approved by HireRight stockholders on June 21, 2024, converts all outsta
EarningsHireRight Reports First Quarter 2024 Results
HireRight Holdings Corporation reported its Q1 2024 financial results, revealing a slight decrease in revenue to $173.2 million from $175.4 million the previous year, and a net loss of $3.3 million, an improvement over last year's $7.9 mill
Company NewsAnnouncing Our 2024 Workday Partner Innovation Award Winners
These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor
Venture CapitalModal Announces $25 Million Series A to Upskill Employees in AI
Modal, a premier skills development platform specializing in data and analytics training, has successfully secured a $25 million Series A funding led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital
Venture CapitalBorderless AI Launches from Stealth with $27M Investment to Bring World's First AI Agent to HR Space
Borderless AI, an AI-powered startup, has emerged from stealth with a $27 million seed investment aimed at revolutionizing the HR industry. The company specializes in developing AI agents designed to automate and streamline the process of o
Company NewsHireRight Launches Virtual I-9 Solution
HireRight Holdings Corporation introduces its Virtual I-9 Service, a revolutionary solution allowing employers to remotely verify candidates' identity and employment authorization documents through live video calls. This service, developed
Venture CapitalHireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, value
Venture CapitalStudent Review Platform StudentCrowd Raises £2.5M in Funding to Enhance Its Platform and Expand Its Services.
StudentCrowd has raised more than £2.5 million as it aims to become the ‘Tripadvisor of higher education’. The platform provides in-depth information on universities, courses and accommodation and produces its own league tables based on rev
Company NewsAstrumU and SHRM Partner to Transform Skills-Based Hiring for Workforce Development Investments
AstrumU, a leading AI data platform company that specializes in measuring non-traditional workforce skills, and the Society of Human Resource Management (SHRM) , today announced a partnership aimed at significantly improving how employers,
Venture CapitalHireRight Acquires Majority Share of DTIS
Nashville, Tenn. — July 6, 2023 — HireRight Holdings Corporation (NYSE: HRT), a leading provider of global background screening services and workforce solutions, today announced the acquisition of a majority share of Digital Trusted Ident
Company NewsUKG And Google Cloud Announce Partnership To Transform Employee Experiences With Generative AI
Google Cloud and UKG , a leading provider of HR, payroll, and workforce management solutions for all people, today announced an expanded partnership to bring Google Cloud’s generative AI (GenAI) capabilities into the widely adopted UKG hum
Company NewsDataminr Pulse For Corporate Security Expands To Include New Two-Way Notification Tools, And HR & Travel Integrations
Dataminr, one of the world’s leading AI companies, announced the launch of powerful new tools in its Pulse for Corporate Security product—relied on by more than two-thirds of the Fortune 50 and half of the Fortune 100. Within a single unif
Company NewsRecruitics Launches its Automated Marketing Platform (AMP) for Staffing and Direct Employers
MARCH 30, 2023/-- Recruitics , the data-driven recruitment marketing agency, is excited to announce that its Automated Marketing Platform (AMP) has completed its beta phase and is now in production release for all customers and companies, i
Venture CapitalAnalytics Automation Platform Savant Labs Secures $11M Funding to Ease Operational Analytics with Drag-and-Drop No-code, Low-code Analytics Automation
Fueled by the investment, Savant Labs Innovates on Self-service Analytics Automation in the Cloud with a Unique Drag-and-Drop No-code, Low–code Approach SAN MATEO, Calif , March 1, 2023 -- Savant Labs ( savantlabs.io ), the automation plat
Venture CapitalNew York-Based Private Equity Firm Leeds Equity Partners Acquires TalentNeuron from Gartner, Inc.
NEW YORK , Feb. 2, 2023 -- Leeds Equity Partners ("Leeds Equity") announced today that it has acquired TalentNeuron , a leading provider of human capital data and insights subscription solutions to corporations, government organizations an
ColumnJosh Bersin:HR Technology 2023: What’s Hot? What’s Not?
The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has more than 80 different employee-facing syste
Venture CapitalEmployee Cycle Closes $2.5M Seed Round to Automate HR Reporting Process
Employee Cycle , the leading HR analytics dashboard for small and medium-sized businesses, has closed a $2.5 million seed round of financing, led by Impellent Ventures . The round included participation from Collab Capital , Converge VC
RepVue closes $5 million in new funding to transform how sales professionals make career decisions
With so much of their income tied to performance, sales professionals across all industries want to make fully-informed career decisions. Likewise, in today's war for talent, employers need better data to help them target the right candida
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