Paycor HCM (Nasdaq: PYCR), a Cincinnati, OH-based provider of human capital management (HCM) software, acquired Talenya, a Hoboken , New Jersey-based remote provider of an AI-driven recruiting platform.
The amount of the deal was not disclosed.
With the acquisition, Paycor will extend its platform with AI recruiting. Talenya’s platform will allow Paycor customers to reduce time to fill critical roles by sourcing both candidates that are actively looking to change jobs and passive candidates that are not actively seeking a new role. In addition, the AI recruiting platform will help companies executing against their DE&I strategy by placing an emphasis on diverse candidates that are often overlooked by traditional recruiting systems. Paycor expects to begin offering an integrated solution in the first quarter of 2023.
Led by CEO Gal Almog, Talenya provides an AI-driven recruiting platform that automatically sources quality talent at a low cost.
Led by CEO Raul Villar, Jr., Paycor provides a human capital management (HCM) platform that helps users with tasks like people management, from recruiting, onboarding and payroll to career development and retention. The unified HR platform features integrations with third party apps, analytics, talent development tools and configurable technology that supports specific industry needs. The solution is used by more than 29,000 customers.