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NYC-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 management for businesses with international teams. The platform
Aug 23, 2024
Venture Capital
Avionté Fortifies Market Leadership with Strategic Acquisition of AkkenCloud
Avionté has acquired AkkenCloud, strengthening its leadership in the staffing software industry. This acquisition enables AkkenCloud clients to benefit from Avionté’s comprehensive enterprise staffing platform, which includes a full front and back office, mobile talent application, and VMS, all
Aug 22, 2024
Venture Capital
Asure Acquires HIRECLICK, Expands HCM Suite with an Intuitive, AI-Powered Applicant Tracking System
Asure (NASDAQ: ASUR), a cloud-based Human Capital Management (HCM) software provider, has acquired HireClick, an AI-powered applicant tracking system (ATS) tailored for small and mid-sized businesses. This acquisition strengthens Asure’s commitment to simplifying people management and enhancing it
Aug 15, 2024
Venture Capital
Capitalize Secures $19M to Revolutionize 401(k) Rollovers with Digital Innovation
Capitalize, a platform that facilitates the digital transfer and management of retirement assets, announced the closure of a $19 million Series B funding round led by RRE Ventures. This investment will accelerate the adoption of their technology, which has already seen a sixfold increase in rollover
Aug 14, 2024
Venture Capital
Sprockets Expands Workforce Solutions with HourWork Acquisition: A New Era for Hourly Worker
Sprockets, an AI-powered hiring solution, has acquired HourWork, a leading platform specializing in post-hire engagement and retention. This acquisition aims to enhance Sprockets' product offerings, covering every stage of the employment journey—from recruitment to exit interviews. By integrating
Aug 13, 2024
Venture Capital
CuraLinc Healthcare Secures Strategic Investment to Expand Mental Health Services
CuraLinc Healthcare, a leading provider of workforce mental health and employee assistance programs (EAP), has secured a strategic investment from Lightyear Capital, a New York-based private equity firm. This partnership aims to fuel CuraLinc's growth and innovation in the mental health care sector.
Aug 12, 2024
Venture Capital
Payoneer Expands Global Footprint with Strategic Acquisition of Skuad for $61 Million
Payoneer, a global leader in cross-border payment solutions, has announced its acquisition of Singapore-based HR and payroll startup Skuad for $61 million. This strategic move is aimed at strengthening Payoneer's position in the global fintech market, particularly in the rapidly expanding small and
Aug 9, 2024
Venture Capital
UK's CloudPay Secures $120M to Revolutionize Global Payroll with AI and Automation
CloudPay, a leading global payroll and payment solutions provider, has secured $120 million in funding led by Blue Owl Capital, with participation from existing investors Rho Capital Partners, The Olayan Group, and Hollyport Capital. This investment aims to enhance CloudPay’s customer product and
Aug 8, 2024
Venture Capital
ZipRecruiter Acquires People-Powered Job Comparison Site Breakroom
ZipRecruiter has acquired Breakroom, a UK-based employer review platform focused on frontline industries. ZipRecruiter plans to launch Breakroom in the U.S., providing job seekers with transparent insights on pay, work conditions, and culture from frontline workers. Breakroom will operate independen
Aug 7, 2024
Venture Capital
Skillfully 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 revolutionize hiring practices. The platform's experiential hirin
Aug 5, 2024
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