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KKR 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. Employment Hero, founded in 2014, has grown to serve over 300
Feb 18, 2025
Global Workforce
Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate
Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a secondary market transaction, reflecting strong investor confi
Feb 4, 2025
Global Workforce
Canada-Based Borderless AI Secures $5M Seed Extension, Raising Total Funding to $32M for HR Tech Innovation
Borderless AI has introduced HRGPT, a transformative AI-powered search engine designed specifically for HR teams and employees. HRGPT enables real-time retrieval of internal HR data and external HR regulations while providing transparency through citations. Its advanced capabilities include drafting
Jan 17, 2025
Global Workforce
Workday Unveils New Illuminate Capabilities for Peakon Employee Voice to Unlock Deeper and Faster Employee Insights with AI
Workday has introduced groundbreaking AI-driven enhancements to its Peakon Employee Voice platform, enabling managers to better understand and support employees through real-time insights and actionable recommendations. These innovations, such as generative AI-powered content summaries and on-demand
Dec 11, 2024
Global Workforce
Cascade AI Secures $3.75 Million in Funding Led by Gradient
Cascade AI has secured a $3.75 million seed investment, led by Google’s Gradient, to expand its personalized AI HR assistant designed for employee-specific HR inquiries. The investment will help Cascade AI scale and enhance its platform, enabling companies to streamline HR processes such as onboar
Oct 25, 2024
Global Workforce
empinfo Launches Industry-First Solution to Automate Employment Letter Generation for International Employees
empinfo, a leader in employment verification solutions, has introduced a new automated employment letter generation feature aimed at global HR operations. This industry-first solution, integrated into empinfo's platform, allows employers to create customizable employment letters for international em
Oct 25, 2024
Global Workforce
ADP Acquires WorkForce Software
ADP, a leader in human capital management solutions, has announced its acquisition of WorkForce Software, a company specializing in workforce management for large global enterprises. This strategic move enhances ADP's global workforce management offerings, allowing businesses to stay compliant while
Oct 15, 2024
Global Workforce
Workday Announces Global Payroll Connect - One Solution to Manage All of an Organization's Payroll Needs
Workday has announced the launch of Global Payroll Connect, a comprehensive payroll solution designed to seamlessly integrate with payroll providers, streamlining the payroll experience for global organizations. This solution addresses a key challenge faced by many organizations: the lack of a unifi
Aug 20, 2024
Global Workforce
MyDay™: The Future of Transparent Global Payroll Management by Safeguard Global Pay
Safeguard Global Pay has unveiled MyDay™, a groundbreaking platform designed to revolutionize global payroll management. This innovative solution aims to eliminate the traditional 'black box' approach to payroll, offering a transparent and collaborative interface for payroll operators and clients.
Jul 16, 2024
Global Workforce
Upwork Premieres New Partner Program to Expand Ecosystem of Companies Transforming How We Work
Upwork (NASDAQ: UPWK) has unveiled the Upwork Partners program, a new initiative designed to enhance business collaborations and increase productivity through the integration of skilled independent professionals. The program includes three primary models: Upwork Partner Experts, Apps and Offers, an
Apr 17, 2024
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