Rec Tech: the Recruiting Technology Podcast

5 New HR Tech Funding Announcements


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First up…1848 Ventures, an AI-first venture studio building SaaS solutions for small and medium-sized businesses (SMBs) in the US, today announced it has led a $3 million seed funding round for Propel People, a mobile-first hiring platform built to help contractors hire skilled tradespeople faster. Propel People has also appointed industry veteran Dexter Bachelder as CEO, bringing deep expertise in construction tech and go-to-market execution to the growing company.

https://hrtechfeed.com/1848-ventures-leads-3m-seed-round-for-propel-people/

WALNUT CREEK, Calif.—-BetterComp, a leading provider of compensation management software, today announced its $33M Series A funding round, led by Ten Coves Capital. The investment will fuel BetterComp’s continued growth and innovation, enhance its AI-powered market pricing and pay recommendation capabilities, expand into new product adjacencies, and scale operations to better serve a rapidly growing global customer base.

https://hrtechfeed.com/compensation-management-software-lands-33m-in-funding/

RICHMOND, Va — goHappy, the leading provider of innovative frontline employee engagement tools, today announced it has received a significant growth investment from Pamlico Capital, a private equity firm focused on high-growth technology and services businesses. The investment amount which was not mentioned… will support goHappy’s next phase of growth as it continues to pursue its vision of helping employers drive stronger business outcomes through better engagement of their frontline teams.

https://hrtechfeed.com/employee-engagement-tool-announces-investment/

Ashby, a rapidly growing company, has announced a successful $50 million Series D funding round. The investment was led by Mark McLaughlin at Alkeon, with co-lead support from existing investor Lachy Groom, and participation from F-Prime, Elad Gil, Gaingels, and other new and returning backers.

https://hrtechfeed.com/ashby-raises-50-million-series-d/

SAN FRANCISCO—-CandorIQ, the AI-powered platform transforming how organizations plan and manage people spend, today announced a $4.8 million seed funding round led by Array Ventures, with participation from Y Combinator, CRV, and Switch Ventures. The funding will be used to grow CandorIQ’s engineering and go-to-market teams, accelerate product development, and expand the platform’s AI capabilities across compensation and workforce planning workflows.

https://hrtechfeed.com/workforce-planning-tool-lands-4-8m/

The highly anticipated Monster/CareerBuilder auction has concluded, and the winning bidder is not JobGet, as some might have expected. Instead, BOLD Holdings emerged victorious with a staggering final bid of $28.4 million! Jobget emerged as the backup with a bid of $27 million.

https://hrtechfeed.com/bold-holdings-snags-monster-careerbuilder-auction-for-28-4-million/


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Rec Tech: the Recruiting Technology PodcastBy Chris Russell

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