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B2B Fintech Purchasing Power Lands $177M Debt Financing
Purchasing Power, which links employees and companies to provide flexible purchasing benefits, has secured $177M credit facility. This financing underscores investors' confidence in its platform that enables employees to buy electronics and services through payroll deductions. It will further Purcha
Sep 12, 2023
Venture Capital
Merging for Mastery: How Spark Hire's Acquisition of Chally is Redefining Talent Assessment Solutions
In a groundbreaking move that promises to redefine the landscape of talent assessment, Spark Hire, a global leader in video interviewing, has announced its strategic acquisition of Chally, a pioneer in predictive talent analytics. This acquisition is not just a merger of two companies but a fusion o
Sep 12, 2023
Venture Capital
Common Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust, an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the round with participation from Schmidt Futures and additiona
Sep 12, 2023
Venture Capital
Atomicwork Launches with $11m Seed Round Using AI to Reimagine Employee Support
As workers remain split between working from home and returning to offices, bosses are eager to ensure they have a healthy employee experience. Helping workers feel connected with everyday work needs, employee support startup Atomicwork is announcing launch from stealth with an $11m seed funding ro
Sep 6, 2023
Venture Capital
First Advantage Expands Digital Identity Solutions by Acquiring Infinite ID
ATLANTA, Sept. 05, 2023 -- First Advantage Corporation (NASDAQ: FA), a leading global provider of employment background screening and verification solutions, today announced the acquisition of Infinite ID, a U.S.-based digital identity authentication solutions company and portfolio company of Enligh
Sep 5, 2023
Venture Capital
Woba, an HR Platform for Employee Retention, Raised €2.95M in Funding to Expedite its Worldwide Influence
Woba, a Copenhagen-based HRTech startup, has recently announced that it has raised €2.95 million in funding from existing investors PreSeed Ventures and Denmark’s export and investment fund, EIFO. With this financing round, the company intends to fuel the HR platform’s entry into additional me
Sep 4, 2023
Venture Capital
Parisian Mental Health Platform Teale Secures €10M for International Growth
Teale, a Parisian digital mental health platform, has raised €10 million in a series A funding round. The capital is aimed at expanding the company's offering beyond its home borders as well as ramping up its current team of 20 to a robust 80 by 2024. The round was led by Alter Equity 3P and the
Sep 1, 2023
Venture Capital
San Francisco-based HRTech Firm Confirm Secures $6.2M in Series A to Revolutionize Performance Reviews
In a move that underscores the growing need for data-driven and unbiased performance reviews, Confirm has successfully raised $6.2 million in Series A funding. The round, led by Spero Ventures and featuring participation from SHRMLabs and others, aims to accelerate the company's mission of transform
Aug 30, 2023
Venture Capital
TeamSense Secures $4 Million in Funding to Revolutionize Communication for Hourly Manufacturing Workers
TeamSense, a Seattle-based company that has developed an app-free platform for hourly employees in the manufacturing sector. The platform allows these "deskless" workers, who make up 70-80% of the global workforce, to manage attendance, communicate with managers, and access company resources via SMS
Aug 29, 2023
Venture Capital
TNAA Acquires Health System Shift Management Platform, Stogo
LITTLE ROCK, Ark.— Travel Nurse Across America (TNAA), a leading provider of Clinical and Allied staffing and workforce management solutions to the healthcare industry, today announced the acquisition of Stogo, an innovative health system shift, and float pool management platform based in San Anto
Aug 25, 2023
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