This summary is generated by an algorithm. If you find any mistakes, let us know.

Employment Human Resources North America Software

Oyster Announces New Funding

– Oyster, the company that makes hiring talented people around the world compliant, human, and delightful.
– Company has announced investments from PayPal Ventures and HR Tech Investments, an affiliate of Indeed.

Source
Employment Human Resources North America Recruiting SaaS Skill Assessment Software

CodeSignal Raises $50M in Series C Funding

– CodeSignal is a San Francisco, CA-based technical assessment platform to make data-driven hiring decisions in tech recruiting.
– The company raised $50M in Series C funding.
– The round was led by Index Ventures with participation from Menlo Ventures, Headline, and A Capital.
– The new investment will be used to accelerate product and go-to-market functions and launch its new Integrated Development Environment (IDE) that enables relevant assessment experiences.

Source
Employment Human Resources Recruiting South Asia

Tiger Global-led $100M investment makes Apna India’s fastest unicorn

– Apna, a startup that is helping millions of blue- and gray-collar workers in India learn new skills and find jobs, has become the youngest firm to join the coveted unicorn status in the world’s second-largest internet market.
– The startup raised $100m funding led by Tiger Global at a $1.1bn valuation.
– Other investors include Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures.

Source
Data Integration Employment Human Resources North America Recruiting SaaS

Papaya Global Raises $250 Million in Series D Funding at $3.7 Billion Valuation

– Papaya Global announced a $250m Series D funding round.
– The round was led by New York-based global private equity and venture capital firm Insight Partners and joined by Tiger Global, with participation from existing investors Greenoaks Capital, IVP, Scale Venture Partners, Bessemer Venture Partners, Alkeon Capital, Workday Ventures, Access Industries and Group 11.
– Funding will be used to continue Papaya’s rapid expansion and accelerate the recruitment of rapidly growing companies (pre/post IPO) and Fortune 5000 clients.
– Papaya, the global people management platform for the remote work era – which tripled its revenue in 2020 – provides a radically simple solution for managing and paying all types of global workers in full compliance, from onboarding to payments, in over 140 countries.

Source
B2B Employment North Africa and the Middle East Recruiting SaaS Software

Eloops Raises $2M in Seed Funding

– Eloops is a Tel Aviv, Israel-based HR-Tech startup.
– Company raised $2m in seed funding.
– The company intends to use the funds to continue to expand operations and its business reach.
– The platform encourages more interaction between employees and between employees and the organization, on topics not only related to work performance.

Source
Australia and Oceania Employee Benefits Employment Finance Human Resources Management Information Systems SaaS

Employment Hero gets $140M AUD Series E led by Insight Partners, grows valuation to $800M AUD

– Employment Hero, an automated human resources, payroll and benefits platform for SMEs, raised $140m funding.
– The round was led by Insight Partners, the venture capital firm known for its ScaleUp program to help tech companies accelerate their growth.
– The company is now expanding into Southeast Asian and Western European markets.
– It has a valuation of $800m.
– The company is used by 6,000 businesses, with a total of 250,000 employees.

Source
Artificial Intelligence Employment Human Resources Internet Machine Learning North America Recruiting

GoodTime Raises $9.5M Series A Extension led by KTB – Increases the Round’s Total to $16.7M

– GoodTime announced $9.5M in Series A funding.
– The round was led by KTB Ventures along with participation from Smilegate and Atinum Investment.
– This funding will be used to accelerate innovation for hiring/candidate experience solutions and accelerate go-to-market growth in a wide range of industries with innovative clients such as Box, Shopify, and Zoom.
– GoodTime is an AI-based hiring experience solution that can reduce time-to-hire by as much as 50% while saving as much as $500,000 per year in talent acquisition costs.
– GoodTime is the only HRtech solution that provides a way to measure and manage the diversity, equity and inclusion (DE&I) process for interview scheduling.

Source
Employment Human Resources North America Software

Oyster Raises $50M Series B Funding Round

– Oyster is a London, UK- and San Francisco, CA-based provider of a human resources platform.
– The company raised $50m in Series B funding.
– The round was led by Stripes with participation from Emergence Capital and The Slack Fund with the addition of Avid Ventures.
– The new investment will be used to expand its HR platform to more countries around the world.

Source
Employment Human Resources Recruiting South Asia Staffing Agency

Apna raises $70 million to help workers in India secure jobs

– Apna, a startup by an Apple alum, announced its acceptance by the market has helped it raise $70m in a new financing round as the startup prepares to scale the 16-month-old app across India.
Insight Partners and Tiger Global co-led Apna’s $70m Series B round, which valued the startup at $570m.
– Existing investors Lightspeed India, Sequoia Capital India, Greenoaks Capital and Rocketship VC also participated in the round.

Source
Career Planning Education Employment North America Recruiting

Pathrise Raises $9M in Series A Funding

– Pathrise, a San Francisco, CA-based online mentorship and job placement platform for tech professionals, secured $9m in Series A Funding.
– The round was led by Learn Capital and also included Western Technology Investment and Day One Ventures and existing investors K50 Ventures, Y Combinator, and GoAhead Ventures.
– The new investment will be used to develop its proprietary platform which manages mentor matching, job searching and resource recommendation, recruitment and onboarding of mentors, refine scholarship systems, create affordable income share agreements and other financial innovations to improve accessibility of the program.

Source
Charity Employment GovTech North America Software

Aunt Bertha Raises $27M in Funding

– Aunt Bertha, an operator of closed-loop social care networks, raised $27M in funding.
– The funding round was led by Warburg Pincus, with participation from existing investors Pershing Square Foundation, Techstars Ventures, Noro-Moseley Partners, Digitalis Ventures and The Social Entrepreneurs’ Fund (TSEF).
– The company intends to use the funds to enhance its free and paid products and continue to expand its new marketplace.

Source
Australia and Oceania Employee Benefits Employment Human Resources

Australian startup Pyn raises $8M seed to bring targeted communication in-house

– Pyn, an early-stage startup based in Australia, raised $8m in seed funding.
– The round was led by Andreessen Horowitz with help from Accel and Ryan Sanders (the co-founder of BambooHR) and Scott Farquhar (co-founder and co-CEO at Atlassian).
– The startup provides a library of customizable communications materials to help build culture and set policy across an organization.

Source
Employment Internet Network Security North America Recruiting

Fetcher raises $6.5M to automate parts of the recruiting process

– Fetcher, a startup that promises to make the recruiting process easier while also diversifying the candidate pool, is announcing that it has raised $6.5m in Series A funding.
– The round was led by G20 Ventures, with participation from KFund, Slow Ventures and Accomplice.
– Fetcher has now raised a total of $12m.

Source
Artificial Intelligence Crowdsourcing Employment Human Resources North America Recruiting

Visage Raises $7M in Series A Funding

– Visage is a San Francisco, CA-based collaborative candidate sourcing platform.
– The company raised $7m in Series A funding.
– The round was led by First Analysis with participation from existing investors Urban Innovation, LLC and NewFund Capital.
– The new investment will be used to expand the company’s AI and human-powered crowdsourcing system and develop its new Platform solution that enables teams to increase productivity, automate candidate engagement, and integrate with existing applicant tracking systems.

Source
Employment Internet Network Security North America Recruiting

Fetcher.ai nabs $6.5M to match employees with open roles using AI

– Fetcher.ai, a recruitment platform that combines AI with human teams, today announced it has raised $6.5 million in a round led by G20 Ventures.
– The company, whose latest funding round brings its total to $12 million, says the funds will be used to expand the size of its workforce.
– In 2020, talent shortages in the U.S. rose to historic levels, with 69% of employers reporting having difficulty filling jobs, according to a ManPowerGroup survey.
– This isn’t easily remedied. A report by the Society for Human Resource Management found that filling an open position costs employers an average of $4,129 and takes roughly 42 days.

Source
Employment Europe Marketplace Staffing Agency

Jobandtalent Secures €183M

– Jobandtalent, a Madrid, Spain-based workforce marketplace that matches workers with temporary roles, secured a €183m in funding.
– The funding will accelerate the company’s expansion into new markets, including the US, and the consolidation of its leadership position in existing territories.
– More than 850 companies – including XPO, Ceva Logistics, eBay, Ocado, Sainsbury’s, Bayer, and Santander – use the platform to match temporary roles with the right workers.
– Jobandtalent employs the workers directly and manages all of the back-end administrative processes including payroll, timesheets, and legal compliance.

Source
Asia Employment Human Resources Staffing Agency

Apple alum’s jobs app for India’s workers raises $12.5 million

– Apna, a startup by an Apple alum that has become home to millions of low-skilled workers in India, said on Tuesday it has raised an additional $12.5 million.
Sequoia Capital India and Greenoaks Capital led the $12.5 million investment in the startup. Existing investors Lightspeed India and Rocketship VC also participated in the round in what is an extended Series A.
– The startup, whose name is Hindi for “ours,” has now raised more than $20 million.
– More than 6 million low-skilled workers such as drivers, delivery personnel, electricians and beauticians have joined Apna to find jobs and upskill themselves.

Source
Banking Employee Benefits Employment Human Resources Mobile Payments Oceania Personal Finance SaaS Software

Australia-based Employment Hero raises $45M AUD for its global expansion

– Employment Hero, a human resources platform, raised $45m in Series D funding.
– The round was led by SEEK, with participation from OneVentures and AirTreeVentures, and new investor Salesforce Ventures.
– The company plans to use the funding to expand into new markets including Southeast Asia.

Source
Employment Europe Productivity Tools Software

Orka Raises £29M in Funding

– Orka Technology Group, a Manchester, UK-based worker tech startup, raised £29m in funding.
– The round was a mixture of debt financing from Sonovate and equity funding involving the British Business Bank Future Fund and existing investors.
– The company intends to use the funds to double headcount to 50 in 2021 and accelerate rapid growth of earned wage access product Orka Pay.

Source
Crunchbase icon

Content report

The following text will be sent to our editors: