RecTech news from SAP, Workrise and More

A new resume platform called Hiration, which makes it easy for qualified candidates to create the perfect resumes and find their dream role, announced it has raised $3M in seed funding from Prime Venture Partners, Venture Highway and Y Combinator, among others, to support further hiring and growth. 

https://hrtechfeed.com/resume-building-platform-nets-3-million-in-funding/

NY - retrain.ai, the Talent Intelligence Platform that uses AI and Machine Learning to redefine the future of work by helping organizations upskill, retrain and place professionals in new roles faster and more accurately than ever before, announces today the close of a $9M Series A led by international fund Square Peg, following their $4M Seed Round in September 2020, led by Hetz Ventures, with TechAviv and .406 Ventures participating. Alongside the funding, the company announces a notable first deal with the Israeli Department of Labor which will be using retrain.ai to help flatten the national unemployment curve.

https://hrtechfeed.com/upskilling-platform-retrain-ai-closes-13m-in-funding/

SAP SE (NYSE: SAP) today announced that it has acquired intellectual property of SwoopTalent, a leader in talent data intelligence, in an asset acquisition.

Embedding SwoopTalent’s data and machine learning technology across SAP SuccessFactors solutions will further SAP’s vision of human experience management (HXM), which prioritizes individualized employee experiences and dynamic opportunities that boost engagement, improve organizational agility and ultimately fuel business transformation.

Founded in 2012, SwoopTalent developed an AI-powered platform that combines, analyzes and trains data from disparate HR systems and workflows. SAP plans to use SwoopTalent’s technology to strengthen its AI capabilities and provide customers with a holistic and continuously updated view of their people — from skills and capabilities to interests and learning preferences — so they can match employees to internal jobs, projects, learning courses, mentors and more. Several SwoopTalent engineering employees will also join the SAP SuccessFactors team.

https://hrtechfeed.com/sap-acquires-swooptalent/

PRO Unlimited, a leading modern workforce management platform provider, today announced that, through an agreement with EQT Private Equity, it will acquire Workforce Logiq from funds managed by Carlyle later this year, subject to customary regulatory approvals. This transaction will combine two leading-edge companies that share a common strategic approach in solving its diversified clients’ contingent workforce management needs through the power of a holistic platform. This combination will expand PRO’s position as a preferred provider to the Global 2000, enabling organizations to achieve their strategic talent acquisition and cost reduction objectives.

Through these transactions, PRO will add Workforce Logiq’s proven and strong track record of innovation and growth, including 16 patented and patent-pending solutions, dedicated data science and development teams, and an award-winning Total Talent Intelligence® technology platform to its portfolio. Additionally, Workforce Logiq’s strong presence in EMEA, specifically in the Nordics, expands PRO’s already impressive global reach. As a result, PRO will enhance the scale and breadth of operations to enable the continued global expansion of its large and mid-market client base worldwide. 

https://hrtechfeed.com/new-acquisition-among-workforce-management-platforms/

Workrise, the leading workforce management platform for the skilled trades, announces new initiatives in Northern Ireland that will create 153 jobs locally and support the company’s continued growth. 

Workrise is establishing a technology engineering center in Belfast. The jobs will be added over the next four years with an initial focus on establishing the engineering team. 

https://hrtechfeed.com/workrise-establishing-tech-center-in-ireland-creating-150-jobs/

Learn more about your ad choices. Visit megaphone.fm/adchoices