Roundup: Talent Marketplace Gloat Raises $57 Million

News Roundup

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

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Gloat closed a $57 million Series C investment round, which brings its total funding to $92 million. The talent marketplace provider will use the investment for product development and market expansion. The round was led by Accel, with participation from existing investors Eight Roads (Fidelity), Intel Capital, Magma Venture Partners and PICO Partners.

Sense, a talent engagement and communication platform for recruiting, announced $16 million in Series C funding. Bringing total funding raised to $40 million, the round will fund further development of the company’s AI-powered talent communication and engagement suite. Key investors in this round include Avataar Venture Partners, with additional participation from previous investors including Accel (again) and GV.

In this week's #HRTech roundup: Serious funding for @Gloat_Com and Sense, the HR Tech conference menu, and more. #HR Share on X

Soccer star Abby Wambach, Josh Bersin; Marcus Buckingham, author and futurist Ravin Jesuthasan and industry analyst Jason Averbook will give keynotes at the HR Technology Conference & Exposition, live and in-person September 28 – October 1. Bersin will discuss how the HR tech market has changed over the last year, while Buckingham introduces new research on the quality of service delivered by HR function and how the HR Net Promoter Score drives an organization’s talent brand.

iSolved launched a Giving & Volunteering module, which incorporates the capabilities of its recently acquired Givful unit into People Cloud. The feature links employers and employees with more than 2 million non-profits while allowing a simple way to manage donations, volunteer hours, tax reporting, events, sharing and social-impact reporting.

Ceridian and PwC UK formed an alliance under which PwC will provide consultation and implementation services for Ceridian Dayforce to existing and prospective customers in the United Kingdom and Ireland. The collaboration is part of the Ceridian Partner Network.

Namely launched a “PEO Graduation Package” designed to help companies move from a PEO to an HCM platform. The package includes implementation and configuration, migration services, state tax registration services and support.  

Canadian HR platform Humi announced an integration with Indeed. The integration removed mundane tasks from HR’s plate so that it and recruiters can focus on identifying and vetting talent. Humi’s platform provides SMBs with HR, payroll and benefits solutions.

Equifax expanded its Affordable Care Act Management solution to help customers meet reporting requirements for states that recently implemented their own individual mandates. In those jurisdictions, employers face additional reporting requirements and must file the same information with the state as to the IRS. Equifax Workforce Solutions offers employers the ability to automate reporting guidelines and assist with state-specific requirements.

Last Week’s Top Stories

Burning Glass, Emsi to Merge Into Single Labor Data Firm

Burning Glass Technologies said it will merge with Emsi, a labor market data firm, with the backing of its primary investor KKR. Terms were not disclosed. Read more.

New ADP Dashboard Helps Employers Apply Data to DEI

DataCloud’s DEI Dashboard and Organizational Benchmarks Dashboard are designed to help employers understand the dynamics of their workforce and pursue diversity goals within their business. Read more.

Beamery Closes Series C as Talent Wars Flare

Recruiting platform provider Beamery raised $138 million in Series C funding after turning in what it called “a record” performance, including triple-digit revenue growth during the fourth quarter and passing 1 million roles filled by its platform during 2020. Read more.

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