HCM Talent Technology Roundup June 18 2021

Indeed and SMB financial platform Fundbox formed a partnership to provide small companies with better capital and hiring options. Fundbox CEO Prashant Fuloria said the partnership provides Indeed with “access to entrepreneurs who are actively growing their businesses and looking for top talent.” Fundbox is embedded in a range of business solutions, such as Quickbooks, Freshbooks and Xero.

Hiretual updated the pricing and functionality of its Starter, Standard and Professional plans. The company introduced candidate sourcing and expanded email engagement functions to its plans for small to medium-sized businesses. It also reduced monthly and annual payments for the plans in an effort to make AI recruitment technology more affordable for growing businesses as the economy recovers from the Covid-19 pandemic.

Paris-based Malt, a freelance marketplace for European talent, has raised 80 million euros, or about $97 million, from investors led by Goldman Sachs Growth Equity and Eurazeo. The funds will be used to advance its product development and speed its expansion into new markets.

Greenshades Software signed a partnership with JazzHR that will make ATS features available to users of the unified payroll platform. The company said the partnership will allow customers to “optimize and automate” their recruiting lifecycle in a fully integrated way.

AMS—previously known as Alexander Mann Solutions—partnered with recruitment platform WayUp. The link will provide AMS clients with access to WayUp’s 6 million candidates from more than 7,100 colleges and universities, 71% of whom self-identify as underrepresented minorities.

PRO Unlimited enhanced its Worker Experience, Employer of Record (EOR) and Independent Contractor solution. The new approach is meant to help organizations better attract, manage and retain contingent talent.

First Advantage launched an initial public offering of 21 million shares of common stock. The estimated offering price is between $13 and $15 per share. The company has applied to list the shares on the Nasdaq Global Select Market under the symbol FA.

People analytics technology provider ChartHop raised $35 million in Series B financing in a round led by Andreessen Horowitz, joined by Elad Gil and previous investors Cowboy Ventures and SemperVirens. The investment comes less than a year after Andreessen Horowitz led a $14 million Series A round. ChartHop’s approach allows employers to aggregate and visualize their HR data, providing alignment, clarity, and context across all levels of an organization.

Sense, a talent engagement and communication platform for recruiting, announced $16 million in Series C funding. The round brings its total raised to $40 million. Sense said the investment will accelerate development of the company’s suite.

Freelance management platform Stoke announced a $15.5 million Series A round led by Battery Ventures with participation from previous investors including TLV Partners, Dynamic and Loop. The investment will allow Stoke to expand and better meet the demand from U.S. customers. To date, the company has raised $20 million.

Authors

Mark Feffer

Mark Feffer is executive editor of RecruitingDaily and the HCM Technology Report. He’s written for TechTarget, HR Magazine, SHRM, Dice Insights, TLNT.com and TalentCulture, as well as Dow Jones, Bloomberg and Staffing Industry Analysts. He likes schnauzers, sailing and Kentucky-distilled beverages.