People Moves
This week, Brian Crofts joined BambooHR as its chief product officer. Crofts hails from Auditboard and Pendo and spent 11 years at Intuit, where he helped develop QuickBooks and TurboTax. In the last five years, BambooHR has grown rapidly to reach annual recurring revenue of more than $100 million. Crofts’ appointment follows several recent hires including Anita Grantham as head of people.
Long-time HR exec Allison Manne has joined AI-recruiter Findem as its vice president of customer success. Manne moves from Gloat, where she served as global vice president of customer success. She previously held leadership positions at HR technology providers Namely, HireVue and Ultimate Software. “Over the past 15 years, Allison has built and led teams across pre-sales, customer success, account management and operations,” says a Findem press statement.
New Partnerships
AI talent solutions provider Fusemachines has entered into a partnership with AI training firm ViableEdu, a financial literacy platform creator. ViableEdu will “leverage” Fusemachines’ Fuse AI learning platform to create a training program for financial technology professionals. “We are witnessing a growing demand for AI upskilling and training from business and education leaders alike to help curb the AI talent crisis,” said Sameer Maskey, founder and CEO of New York-based Fusemachines.
HelloFresh selected business intelligence and data analysis provider Domo to assess HR and people data in its HR operations. The home cooking and recipe company boasts more than 10,000 employees within its U.S. distribution centers and will use Domo to manage recruitment, employee engagement and workforce management. “Domo allowed us to get key data points quickly into the hands of decision-makers, enabling our teams to make actionable and positive change,” said Yushu Byra, HelloFresh’s director of people insights.
Funding News
Pre-employment screening service provider Veremark raised $8.5 million to expand its global market reach and continue to develop its people compliance and verified digital credentials platform. That comes in addition to the $2.8 million in seed money that Veremark raised last year. The company has grown monthly revenue by 300% since last September and plans to double the size of its staff in the coming months.
Performance management platform 15Five has raised $52 million. “We believe that managers are the keystone of high performance, not just in overseeing the work, but in helping to tap into the unique strengths and passions of every member of their team,” said David Hassell, CEO of 15Five. The company will use the funds to expand its product offerings to its small and medium-sized business clients.
At the HR Tech Conference
So many keynotes, so little time. One of the keynote addresses we are most excited to attend is “The Public Debut of the 25th Annual Sapient Insights HR Systems Survey Key Findings” presented by Stacey Harris, chief research officer and managing partner at Sapient Insights Group. We are looking forward to learning where CHROs are investing their funds money during the exclusive debut of this important research. Register here.
Do you have HR technology news or insights to share? Contact HR Tech Editor Phil Albinus at [email protected].
