Seasoned, Bullhorn and DHI Group

Seasoned announced that it has raised $18.7 million in Series A financing to help expand its hiring platform and restaurant worker network to new markets. The financing comes on the back of a $12 million seed round raised in June 2021, bringing its total raised to more than $30 million this year.

In July 2020, Seasoned relaunched with a next-generation, mobile, app-based recruitment and hiring tool for restaurants that complements its employee networking platform. On the back of releasing this next generation hiring product in Dallas, Seasoned has partnered with more than 300 national and local restaurant brands that own and operate more than 100,000 locations across the country, and has added Houston, Austin, Orlando, and Miami to its platform.

The proceeds from the financing will be used to support Seasoned’s expansion into new markets and continued enhancements to its products. Learn more at seasoned.co

https://hrtechfeed.com/restaurant-hiring-platform-raises-nearly-19-million-in-funding/

Bullhorn®, the cloud computing company that helps staffing and recruiting organizations transform their businesses, today announced that it has acquired cube19, a longstanding Bullhorn Marketplace partner and the provider of analytics and reporting solutions for the Bullhorn platform. 

cube19’s suite of solutions are designed to provide dynamic, activity-level metrics to manage at any level of the organization: recruiter, team, office or region. cube19’s interface makes reporting easy to generate for non-technical users, which results in better performance on the front lines while also providing macro-level insight that helps leaders make better business decisions. Ultimately, by enabling staffing companies to grow their revenue quickly while growing their costs more slowly, cube19 facilitates highly scalable growth.

https://hrtechfeed.com/bullhorn-acquires-analytics-platform/

DHI Group, Inc. (NYSE: DHX) announced financial results for the third quarter ended September 30, 2021. The stock is up about 10% on the news.

During the second quarter 2021, the Company completed the spinoff of its eFinancialCareers (“eFC”) business to the eFC management team. The results of the eFC business are reported as discontinued operations for all periods presented in this release. 

Third Quarter 2021 Financial Highlights

• Total revenue was $30.8 million, up 7% sequentially and 13% year over year. 
• Total bookings1 were $30.8 million, up 40% year over year. 
• Loss from continuing operations was $2.4 million, or $0.05 per diluted share, compared to a loss of $27.0 million, or $0.56 per diluted share in the year ago quarter. 
• Cash flow from operations was $6.3 million, compared to $4.4 million in the year-ago quarter. 

https://hrtechfeed.com/dhi-group-earnings-up-13/

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