Our weekly recap of fundings, mergers & acquisition, partnership and other interesting news from the human resource, recruitment and employee benefits marketplace.
FUNDING
*This week’s fundings: $65M+
- Australia-based workforce management solutions provider Humanforce raises $16m Series A from Accel-KKR
- Texas-based HR and benefits platform GoCo Raises $7M in Series A Funding
- London HR tech startup Distributed that uses AI to source talents gets fresh seed funding of €1.7M
- Corporate Financial Wellness Startup SmartPath Raises $2.7M in Funding
- Zestful, a Provider of Employee Perk Programs, Raised $1.1 Million in Funding
- Valued Launches with $1.7M in Seed Funding to Combat Workplace Bullying
- Telehealth Addiction Treatment Company Workit Health Raises Series A Funding Round
M&A
- Ultimate Software Going Private in $11 Billion PE Deal: Announces Agreement to be Acquired by an Investor Group
- Silver Oak Services Partners Makes Investment in Keystone Partners
- Talent Development Pioneer Acquires Online College to Close Middle-Skill Gaps
- Culture Amp buys Zugata to tie peer feedback with engagement
- Training Firm Besomebody Acquires Artificial Intelligence Startup Pixelbug
- Addison Group acquired Los Angeles-based DLC Group, a finance and accounting consulting and staffing firm
- PE-backed Relation Insurance Services buys J. Deutsch Associates
- Belcan Acquires Sitec Design Ltd. and Sitec Recruitment Ltd.
PARTNERSHIPS
- Tallo Enters 2019 with New Partners and Nearly 400,000 Students on One of the Nation’s Largest Career Connection Platforms
- WORKTERRA Partners with Adsero Group Bringing Efficiency and Innovation to its Customers
- Benefits Brokerage and HR Software Company Bernard Health Partners with United Benefit Advisors
- MasteryTCN Welcomes New Content Partner, TrainingABC, to the Training Content Network
MISC.
Week in Review – Popular Content
Why Are Young People Pretending to Love Work? (The New York Times)
I saw the greatest minds of my generation log 18-hour days — and then boast about #hustle on Instagram. When did performative workaholism become a lifestyle?
Read more.
Tags: Workplace, Millennials, GenZ
Americans are lining up to work for Amazon for $15 an hour (Quartz)
After announcing it would raise its minimum wage to $15 an hour starting Nov. 1, the company said that was more than double its previous record for job applications received in a single month.
Read more.
Tags: Amazon, Wages, Hourly Workers
The Ethical Dilemma Facing Silicon Valley’s Next Generation (The Ringer)
Stanford has established itself as the epicenter of computer science, and a farm system for the tech giants. Following major scandals at Facebook, Google, and others, how is the university coming to grips with a world in which many of its students’ dream jobs are now vilified?
Read more.
Tags: Technology, Education
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