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Rec Tech: the Recruiting Technology Podcast

Bringing you technology inspired conversations with practitioners and vendors in the recruiting technology arena.

Jul 16, 2021

 isolved has acquired predictive people analytics platform TrenData HR. The combination helps business leaders and HR professionals move from reactive to proactive human capital management (HCM) using sophisticated insights, simply delivered.

The acquisition will help organizations of all sizes  – to maximize business and people outcomes from their HR data. TrenData HR harnesses external data sources and aggregates them with information from internal systems, applying sophisticated predictive artificial intelligence (AI) models to produce powerful visual insights wherever and whenever they’re needed.

Remote, a leading HR tech platform and provider of global employer of record services and international contractor management, today announced it has raised a $150 million Series B round led by Accel.

The shift to distributed employment created unprecedented demand for Remote’s services: since their $35 million Series A in November 2020, Remote grew its customer base by 7x and increased its users by more than 10x. Remote’s revenue has grown by 65x over the past year, and employee headcount has gone from 50 to 220 employees working remotely in 45 countries since November 2020. 

Remote is the only Employer of Record (EOR) that owns 100% of its global infrastructure, has legal entities in more than 50 countries with plans to have fully operational legal entities in more than 80 countries by the end of 2021, and in the rest of the world by the end of 2022.

WayUp, a sourcing platform for diverse candidates, announced that it is merging with Yello, a recruitment software company. The two HR tech companies will operate under Yello as a legal entity but continue to keep their independent branding with a now combined 200 employees.

Students but now they brand themselves as a DE&I platform. 

The WayUp database will evolve to be the sourcing arm of Yello’s campus recruiting solution. It provides a diverse database of over 6 million candidates, including: 

  • Recent graduates and students from across the country who attended over 7,000 campuses
  • 71% Black, Hispanic or female candidates as well as tens of thousands of veterans
  • Candidate self-reported data on major, location, campus, graduation, gender, ethnicity and more

“In addition to offering a powerhouse of data, recruiters will benefit from the automation opportunities of two solutions from a single company,” said Corey Ferengul, CEO, Yello. “We are beyond excited to have the WayUp team joining Yello and we believe that together we will offer unparalleled capability to match employers and candidates in the campus and early talent world.”

Hireology, a leading recruitment CRM built for multi-location, decentralized enterprises, today announced the acquisition of employee referral technology provider, EmployUs

EmployUs is a modern employee referral software that empowers organizations to leverage their employees and their networks to help hire. Based in Raleigh, North Carolina, Emplyus has 6 employees according to linkedin

MILWAUKEE – Today, Infosoft Group, LLC, dba Circa, announced the purchase of Colorado-based LatPro, Inc., dba DiversityJobs, a leading diversity recruitment and OFCCP HR compliance technology solutions provider, which will become a subsidiary of Infosoft.