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HireRight 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 outstanding shares into a cash payout of $14.35 per share. As a re
Jun 28, 2024
Risk Management
Cielo Debuts First Generative AI for Talent Acquisition: CLO.ai
Cielo, a global leader in Talent Acquisition, has introduced the first Generative AI for talent acquisition, CLO.ai. This tool is built on responsible AI principles, enhancing hiring by providing fast, better outcomes while maintaining candidate experience. Developed with expertise from various prof
Mar 19, 2024
Risk Management
Coverdash – Leading Embedded Business Insurance Agency for Startups and SMBs – Announces $13.5M in Series A Funding
Coverdash, a leading embedded insurtech for startups and SMBs, announced a $13.5M Series A funding, raising total capital to $16M. The funding, led by Nyca Partners, will enhance its embedded partner network and insurance offerings. Coverdash provides a seamless insurance buying experience, offering
Feb 28, 2024
Risk Management
Archer Acquires Compliance.ai to Drive AI-Powered Regulatory Compliance and Risk Management
Archer, a leader in integrated risk management solutions, announced the acquisition of Compliance.ai, which specializes in AI-driven regulatory change management. This strategic move will enhance Archer's offerings, allowing clients to utilize advanced AI technology for real-time regulatory monitori
Feb 20, 2024
Risk Management
Revolutionizing SME Insurance: Mulberri Raises $6.75M in Series A
Mulberri, an innovative AI-driven embedded business insurance platform, recently announced a successful $6.75 million Series A funding round led by Eos Venture Partners. This significant investment, with contributions from Hanover Technology Management, MS&AD Ventures, and Altamont Capital Partn
Dec 7, 2023
Risk Management
3 Ways Workforce Management Software Reduces Labor Costs
The article discusses the rising labor costs, especially for organizations employing hourly and frontline workers, amidst increased operating expenses, supply chain disruptions, and labor shortages. A strategic approach to workforce management, using real-time data and insights, is crucial. Workforc
Nov 14, 2023
Risk Management
Namely Merges with Vensure Employer Services + PrismHR
NEW YORK — Namely, the leading HR platform for mid-sized companies, today confirmed it has merged with the organization recently created by the combination of Vensure Employer Services and PrismHR. Vensure Employer Services is one of the largest Professional Employment Organizations (PEO)
Sep 6, 2022
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