Roundup: Checkr Raises $250M, Hits $4.6B Valuation

News Roundup

Our weekly roundup of deals, product announcements and other HR technology news.

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Background check company @Checkr raised $250 million in a Series E round that valued the company at $4.6 billion. The round was led by Durable Capital, alongside new investors Fidelity Management & Research Company and Franklin Templeton. To date, Checkr has raised $550 million.

Bravely, a platform that connects users to on-demand coaching and development, closed a $15 million Series A round, led by Telescope Partners. This funding round will help Bravely continue its growth and transform the way companies support inclusive teams by providing universal access to coaching.

In this week's roundup: Lots of funding for #HRTech companies, led by Checkr, Bravely, Knoetic and more. #HR Share on X

DHI Group, the company behind Dice, has invested $3 million in the Muse, a “values-based” career site for the next generation of workers. The investment will support the expansion of the Muse’s product development and sales efforts to meet the increasing market demand. At the same time, the companies will work together to develop joint sales, thought leadership and product solutions for their respective stakeholders.    

Knoetic, which developed a software analytics platform for chief people officers, emerged from stealth with $18 million in Series A funding, TechCrunch said. Accel led the round, which also included participation from over 100 angel investors. The platform combines a social network and a SaaS analytics tool for chief people officers.

Zeal, an API-first payroll infrastructure provider, announced a $13 million Series A round led by Spark Capital, with participation from Commerce Ventures and notable other individual investors. The round follows a $1.6 million seed investment led by Long Journey Ventures, Box Group and Scott & Cyan Banister. Zeal calls itself a leader in the embedded fintech ecosystem, empowering platforms to build highly individualized payroll products.

Hiration raised more than $3 million in seed funding. The company puts AI and in-house machine learning models into the hands of job seekers to help them build and optimize their resumes to ensure that they pass through tech-powered gatekeepers.

Compa, which provides a “deal desk” platform to help recruiters to more easily manage their compensation strategies and create and communicate offers, raised $3.9 million of seed funding in a round led by Base10 Partners, reports TechCrunch. Compa bootstrapped before pursuing the round and will use the investment to expand its team and create additional products.

Last Week’s Top Stories

Qualtrics Launches New Employee Sentiment Tools

Qualtrics is rolling out EX25, a new framework designed to help employers monitor employee sentiment. With its 25 drivers that impact every employees’ workplace experience. Built into Qualtrics EmployeeXM, EX25 helps employers keep up with their employees’ needs and take action to improve engagement and retention. Read more.

UKG Purchases Great Place to Work Institute

UKG acquired the Great Place to Work Institute, a consulting firm and researcher that reviews corporate cultures and certifies organizations that have managed to build a rewarding place to work Read more.

15Five Adds Manager Development Tool

Performance management platform 15Five launched a leadership training and coaching product to help managers drive both employee engagement and business results. Read more.

Podcast: PTO Genius Takes a Fresh Look at Time Off

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