Human Capital

Transcarent Raises $126 Million Series D

Retrieved on: 
Thursday, May 2, 2024
Software, Telemedicine, Virtual Medicine, Managed Care, General Health, Health, Artificial Intelligence, Health Technology, Technology, Gross domestic product, Pharmacy, Investment, AI, EVP, Love, Alta Partners, Memorial Hermann Health System, Confusion, Data science, Partner (business rank), Patient, Human Capital, Bayer, Acquisition, GDP, Multimedia, Mental health, Center of excellence, Merck, Series, Ecosystem

“Everyone asked, 'can you make it easier for our people to access high-quality, affordable care?', and we have. Transcarent is the One Place for Health and Care,” said Glen Tullman, Transcarent Chief Executive Officer. “One platform --- your mobile phone --- for everything you want and need. And an experience people don’t just like but love. High-quality care and cost reductions with a relentless focus on quality. Just what the doctor ordered.”

Key Points: 
  • It is the only platform that brings together medical, surgery, pharmacy, and mental health care into one place.
  • Transcarent is the One Place for Health and Care,” said Glen Tullman, Transcarent Chief Executive Officer.
  • In 2023, Transcarent completed the successful acquisition and integration of the 98point6 AI-powered virtual care platform and care business, which includes the affiliated Transcarent Clinic.
  • Today, more than 4.3 million people have access to Transcarent through their employer or health plan.

Easterly Government Properties Reports First Quarter 2024 Results

Retrieved on: 
Tuesday, April 30, 2024
REIT, White House, Federal Government, Commercial Building & Real Estate, Construction & Property, Public Policy, Government, Sale, FDA, Investment, Governance, Safety, Food, Level 3, JUD, Jules Kroll, NNN, Biophysical environment, ICE, Unitary state, Electricity, Coal, ATM, LEED, GSA, Human Capital, ESG, Acquisition, BBB, Trust, Quarter, DEA, CPTED, Silver, Security (finance)

Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended March 31, 2024.

Key Points: 
  • Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended March 31, 2024.
  • “Our ability to deliver essential infrastructure to mission-critical U.S. government agencies is the bedrock of our shareholder value,” said Darrell Crate, Easterly’s Chief Executive Officer.
  • On April 25, 2024, the Board of Directors of Easterly approved a cash dividend for the first quarter of 2024 in the amount of $0.265 per common share.
  • The dividend will be payable May 21, 2024 to shareholders of record on May 9, 2024.

Nominal Emerges From Stealth With Backing From General Catalyst, Lux Capital, Founders Fund, for Navigating Mission-Critical Data Analytics

Retrieved on: 
Monday, April 22, 2024
Start-Up, Data Management, Technology, Manufacturing, Professional Services, Data Analytics, Software, Networks, Internet, Engineering, Hardware, Lux Capital, Founders Fund, SpaceX, Public sector, Lockheed Martin Space, Head, Transport, NASA, Machine industry, Aerospace, Navy, Microsoft, Human Capital, Lockheed, Private sector, Unmanned surface vehicle, Government, Series, Organization, Energy, Video game

The startup raised $7.5M in Seed funding led by Lux Capital with support from Founders Fund and $20M in their Series A led by General Catalyst.

Key Points: 
  • The startup raised $7.5M in Seed funding led by Lux Capital with support from Founders Fund and $20M in their Series A led by General Catalyst.
  • Nominal specializes in creating software solutions for the Aerospace, Defense, Industrial Machinery, Transportation, and Energy sectors with various partnerships across the U.S. government.
  • “Building trust in industrial systems and the data that these systems generate is core to our mission at Nominal.
  • The more people in an engineering organization who can view a comprehensive data story, the better the understanding and insights gained.

Easterly Government Properties Acquires 135,200 SF U.S. Immigration and Customs Enforcement Information Technology Facility Near Dallas, Texas

Retrieved on: 
Tuesday, April 16, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Courts, Banking, REIT, Public Policy, Government, Professional Services, White House, Federal Government, NNN, ICE, Unitary state, Human Capital, Acquisition, DEA, Growth, Retail

ICE - Dallas is a 95% leased facility that has been renovated to suit the ICE’s OCIO and Office of Human Capital.

Key Points: 
  • ICE - Dallas is a 95% leased facility that has been renovated to suit the ICE’s OCIO and Office of Human Capital.
  • The OCIO is responsible for delivering innovative information technology (IT) and business solutions that enable ICE to protect and secure the nation.
  • The asset will help facilitate the OCIO’s mission critical IT initiatives to modernize ICE’s IT systems and adapt and conform to modern IT management disciplines.
  • With this acquisition, Easterly owns, directly or through the Company’s joint venture, 91 properties totaling 8.9 million square feet.

Payfare Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, April 25, 2024
Table, Total, KPMG, Human resource management, Uber, National Policy, News, Vendor, System, Health, Insurance, TSX, Growth, Balance, Restaurant, ADP, SOC 1, Human Capital, SOC, Fortnight, KPMG LLP, Bank statement, Earned wage access, File, Cryptocurrency

Toronto, April 25, 2024 /PRNewswire/ - Payfare Inc. ("Payfare" or the "Company") (TSX: PAY) (OTCQX: PYFRF), a leading fintech powering instant payout and digital banking solutions for workforces, today announced summarized unaudited results for the fourth quarter and year ending December 31, 2023.

Key Points: 
  • Toronto, April 25, 2024 /PRNewswire/ - Payfare Inc. ("Payfare" or the "Company") (TSX: PAY) (OTCQX: PYFRF), a leading fintech powering instant payout and digital banking solutions for workforces, today announced summarized unaudited results for the fourth quarter and year ending December 31, 2023.
  • Unaudited Full Year 2023 Highlights:
    Payfare achieved record revenue of $186.0 million, representing a $56.1 million (+43%) increase over 2022 and met its full year 2023 revenue guidance.
  • Update: Payfare achieved its full year 2023 revenue and Adjusted EBITDA1 guidance based on unaudited financial results for the year ending 2023.
  • Management will host a conference call on Monday April 29, 2024, at 8:00 AM ET to discuss the unaudited 2023 financial results.

Employee Well-Being Stagnates…But Companies Aren't Giving Up

Retrieved on: 
Wednesday, April 10, 2024
Investment, HR, Health, Doctor of Education, The Conference Board, Conference, Culture, Human Capital, Movement, Workforce, Empathy, Recruit, Management

Four years after the onset of the global health crisis, a new report finds that employee well-being is not improving—but rather, stagnating.

Key Points: 
  • Four years after the onset of the global health crisis, a new report finds that employee well-being is not improving—but rather, stagnating.
  • But HR leaders aren't giving up: 95% of Chief Human Resource Officers (CHROs) intend to maintain or increase their spending on well-being in 2024.
  • "Embedding it into the business strategy and culture is all the more important at a time when employee well-being is languishing."
  • Employee well-being is defined as a measure of employee health across mental, physical, professional, financial, and social dimensions.

Global Human Capital Management (HCM) Market Expected to Reach $63.14 Billion By 2032

Retrieved on: 
Tuesday, April 2, 2024
Cloud, Automation, Employment, CRM, HR, New York Stock Exchange, Organization, Specialization, Plan, Growth, CFO, PALM, Human Capital, Acquisition, News, AI, Consolidation, Sales, HCM, Cloud computing, Human resource management, Strategic Insights, Machine learning, WDAY, USD, Collection, Gig, Retail

Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.

Key Points: 
  • Human Capital Management (HCM) is a collection of HR systems, tools, and practices used to recruit, attract, develop, train, retain, and manage employees to achieve business goals.
  • The market growth is expected to be driven by the demand for people and performance management solutions.
  • A report from Fortune Business Insights projected that the global Human Capital Management (HCM) market size, which was valued at USD 28.86 billion in 2023 is projected to grow from USD 31.34 billion in 2024 to USD 63.14 billion by 2032, exhibiting a CAGR of 9.1% during the forecast period.
  • Many businesses are transitioning from traditional human capital management systems to cloud-based solutions to save on infrastructure and maintenance expenses.

CHC: Creating Healthier Communities Welcomes Andrea Grant as Executive Vice President and Chief of Staff

Retrieved on: 
Thursday, March 14, 2024
LHH, African Americans, Culture, Human resource management, Organization, Growth, SBA, Capital One, Business, Human Capital, Business development, CHC, Senior, Human, Thought, Commerce, Management development, National Association, Administration, DEI, School, SHRM, Management

ALEXANDRIA, Va., March 14, 2024 /PRNewswire-PRWeb/ -- Today, CHC: Creating Healthier Communities announced the appointment of Andrea Grant as Executive Vice President and Chief of Staff, reporting to CHC's President and CEO, Dr. Jean Accius. Grant will join CHC's executive leadership team, serving as chief advisor to the CEO, leading special projects to drive exponential growth through innovative product development and strategic go-to-market strategies, and helping foster a culture of collaboration and diversity of thinking to achieve strategic objectives and priorities.

Key Points: 
  • ALEXANDRIA, Va., March 14, 2024 /PRNewswire-PRWeb/ -- Today, CHC: Creating Healthier Communities announced the appointment of Andrea Grant as Executive Vice President and Chief of Staff, reporting to CHC's President and CEO, Dr. Jean Accius.
  • "Our vision is that every person in every community can live their healthiest life," said Dr. Jean Accius, CHC president and CEO.
  • Previously, she served as Senior Vice President of Business Development for Human Resource Standards Institute as well as Vice President (contract) for Challenger, Gray and Christmas, a global outplacement and executive coaching consultancy.
  • Before that, Grant served 12 years at LHH, a global leader in HR solutions, most recently as Senior Vice President of Business Development.

Applied Intuition, Inc. Grows to $6 Billion Valuation, Securing $250 Million in Series E Funding to Advance Vehicle Software and AI Capabilities

Retrieved on: 
Tuesday, March 12, 2024
Growth, Entrepreneurship, Original equipment manufacturer, CFO, Agriculture, Intelligence, Partnership, General partnership, Human Capital, Porsche, ADAS, BOND, AI, Software, Silicon, Investment, Intuition, Ecosystem, Lux Capital, Series, Mining

The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A.

Key Points: 
  • The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A.
  • "Applied Intuition benefits from generational megatrends including generative AI, autonomous systems, and software-defined vehicles.
  • With recent advancements in large language models (LLMs), Applied Intuition is uniquely positioned to help its customers revolutionize the vehicle software development process.
  • "Our industry-leading vehicle software products will infuse AI technology to expand beyond our definitive ADAS and AD toolchain, which will exponentially accelerate the production of next-generation vehicles."

Applied Intuition, Inc. Grows to $6 Billion Valuation, Securing $250 Million in Series E Funding to Advance Vehicle Software and AI Capabilities

Retrieved on: 
Tuesday, March 12, 2024
Growth, Entrepreneurship, Original equipment manufacturer, CFO, Agriculture, Intelligence, Partnership, General partnership, Human Capital, Porsche, ADAS, BOND, AI, Software, Silicon, Investment, Intuition, Ecosystem, Lux Capital, Series, Mining

The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A.

Key Points: 
  • The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A.
  • "Applied Intuition benefits from generational megatrends including generative AI, autonomous systems, and software-defined vehicles.
  • With recent advancements in large language models (LLMs), Applied Intuition is uniquely positioned to help its customers revolutionize the vehicle software development process.
  • "Our industry-leading vehicle software products will infuse AI technology to expand beyond our definitive ADAS and AD toolchain, which will exponentially accelerate the production of next-generation vehicles."