KarmaCheck and TechWolf Get big Funding Rounds

Rec Tech: the Recruiting Technology Podcast

Top stories for This week in RecTech:

SAN FRANCISCO — KarmaCheck, a technology-based solution for background checks, credentialing, and compliance, announced today that it has raised $45 million in a Series B funding round led by Parameter Ventures… The company will leverage the funding to accelerate development of its proprietary technology platform, scale its exceptional service levels to more customers and candidates, and expand into new industry verticals.

https://hrtechfeed.com/karmacheck-raises-45-million-series-b-to-modernize-background-checks/

Belgium-based AI-powered skills platform TechWolf, just closed a $42.7 million Series B round.

TechWolf was founded out of Ghent University and Cambridge University in 2018. In 2022, it raised a €10M Series A, and two years later, it has seen 12x revenue growth.They use AI to help automate skills matching internally though your existing HRIS systems.

https://hrtechfeed.com/belgian-based-techwolf-lands-43m-coming-to-the-u-s/

QUEBEC CITY, Qc. — freelance.ca, the emerging leading online marketplace for professional freelancers in Canada, announces the successful acquisition of Workhoppers, a renowned Canadian freelancer platform. This strategic acquisition strengthens freelance.ca’s position in the Canadian market and expands its portfolio of services for freelancers and businesses nationwide.

https://hrtechfeed.com/canadian-freelance-marketplace-makes-acquisition/

REMOTE FIRST COMPANY – G-P (Globalization Partners), a leader in the global employment market and standard bearer for industry compliance, announced AI-powered global onboarding in G-P’s employer of record products. The new experience is designed to help businesses quickly and compliantly manage the hiring and onboarding experience from generating the offer to signing the employment agreement to managing all of the onboarding and benefits set up.

https://hrtechfeed.com/g-p-introduces-ai-powered-global-hiring-onboarding-for-hr-teams/

NEW YORK– Wilya, formerly known as Gig and Take, a B2B SaaS company transforming traditional HR practices in the manufacturing and supply chain sectors, announced today the successful close of a $4 million seed funding round.

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