---
title: "Recruiting Industry News Roundup from Recruiter.com: October 2021"
description: "Recruiter.com announces new Recruiters on Demand Enterprise Plan. Plus: WeWork goes public, Cornerstone OnDemand goes private, and more TA industry news."
image: https://blog.recruiter.com/hubfs/roundup-01-Oct-29-2021-02-28-18-57-PM.png
---

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# Recruiting Industry News Roundup from Recruiter.com: October 2021

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# Recruiting Industry News Roundup from Recruiter.com: October 2021

 Oct 29, 2021 / by  [Matthew Kosinski](https://blog.recruiter.com/author/matthew-kosinski)

![Matthew Kosinski](https://blog.recruiter.com/hubfs/matt.jpg)

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Welcome to Recruiter Roundup, where we take a monthly look at the most exciting recruiting and HR industry news.

## **What's New at Recruiter.com**

- Recruiter.com announced the launch of its Enterprise Plan for Recruiters on Demand, designed to help employers hire 10 or more full-time recruiters. [Read more about the offering here](https://blog.recruiter.com/recruiter.com-announces-enterprise-plan-for-recruiters-on-demand).
- The company [detailed its growth strategy and revenue forecast for Q3-Q4](https://blog.recruiter.com/recruiter.com-details-growth-strategy-and-issues-revenue-forecast-for-q3-q4). The company anticipates sequential quarterly revenue increases of over 25 percent for both Q3 and Q4, driven largely by organic growth of Recruiter.com's technology-led recruiting solutions.
- Recruiter.com in the news: CEO Evan Sohn had a busy month in October with multiple media and conference appearances. Highlights include: 
    - Sohn [presented Recruiter.com's story](https://blog.recruiter.com/benzinga-small-cap-conference-welcomed-evan-sohn-of-recruiter.com) at the Benzinga Small Cap Conference.
    - He joined David Laud's [HReSource Podcast](https://blog.recruiter.com/recruiter.com-ceo-evan-sohn-joins-hresource-podcast-with-david-laud) to discuss the recruitment industry and the Sohn Conference Foundation.
    - He [spoke with Jon Najarian at NASDAQ](https://blog.recruiter.com/recruiter.com-ceo-evan-sohn-and-jon-najarian-discuss-the-job-market) about the Great Resignation and how the job market has changed over the years. 
    - He [appeared on CNBC](https://blog.recruiter.com/recruiter.com-ceo-evan-sohn-on-cnbc-to-discuss-recruiter-index) to talk about the September 2021 Recruiter Index**®**.
    - He spoke about the changing world of work [at LD Micro Main](https://blog.recruiter.com/recruiter.com-ceo-to-speak-at-ld-micro-main-event).
    - He joined Christine Corrado from Proactive, NY, to [discuss Recruiter.com's revenue growth](https://blog.recruiter.com/recruiter.com-ceo-evan-sohn-discusses-revenue-growth-with-proactive-ny) through the end of the year.

## **Recruiting Industry Investments / M&A Activity**

- HR services giant Randstad USA acquires Cella, a staffing and consulting firm focused on creative, marketing, and digital professionals. ([source](https://cellainc.com/about-us/news/2021/09/30/randstad-acquires-cella-inc/))
- ManpowerGroup completes its previously announced acquisition of IT services provider ettain group. ([source](https://investor.manpowergroup.com/news-releases/news-release-details/manpowergroup-completes-acquisition-ettain-group))
- Cornerstone OnDemand goes private with acquisition by Clearlake Capital Group. ([source](https://clearlake.com/clearlake-capital-completes-acquisition-of-cornerstone-ondemand/))
- WeWork officially goes public. ([source](https://www.nytimes.com/2021/10/21/business/wework-trading-debut.html))
- Korn Ferry enters into an agreement to acquire professional search firm Lucas Group. ([source](https://huntscanlon.com/korn-ferry-to-acquire-lucas-group/))
- Payroll and HRIS provider GTM Payroll Services acquires outsourced HR services firm Pinnacle Human Resources, LLC. ([source](https://gtm.com/gtm-pinnacle-acquisition-2/))
- Proactive hiring platform GEM raises $100 million in Series C funding. ([source](https://techcrunch.com/2021/09/28/recruiting-platform-gem-gains-unicorn-status-with-100m-raise-to-change-the-way-companies-hire/))
- Workforce management platform PRO Unlimited acquires direct sourcing solution WillHire. ([source](https://www.businesswire.com/news/home/20210929005881/en/PRO-Unlimited-Enhances-Its-Industry-Leading-Direct-Sourcing-and-Worker-Experience-Solutions-While-Expanding-Into-Light-Industrial-and-Shift-Workers-With-Acquisition-of-WillHire))
- Immigration services provider Envoy Global receives investment from Palladium Equity Partners, LLC. ([source](https://www.prnewswire.com/news-releases/palladium-equity-partners-invests-in-envoy-global-a-tech-enabled-employment-based-immigration-services-provider-301381401.html))
- Talent management software provider Acendre acquires applicant tracking and onboarding software Vacancy Filler. ([source](https://apnews.com/press-release/pr-newswire/technology-business-01070b0539b0fc3df09e94b5f59c6893))
- Business management solutions provider Priority Software acquires time and attendance software provider Ovdimnet. ([source](https://www.wfmz.com/news/pr_newswire/pr_newswire_stocks/priority-software-acquires-israel-based-ovdimnet-a-leading-cloud-based-workforce-management-platform/article_1be2cfb0-ae6b-5aae-8384-0e859dc99288.html))
- HR platform Hibob receives $150 million in Series C funding. ([source](https://www.generalatlantic.com/media-article/hibob-secures-150m-series-c-funding-led-by-general-atlantic-to-help-midsize-businesses-modernize-hr-in-the-evolving-world-of-work/))
- HR Path and PlusHR Group merge. ([source](https://finance.yahoo.com/news/hr-path-announces-merger-plushr-082900401.html))
- The Mom Project, which provides resources to help mothers return to the workforce, raises $80 million in Series C funding. ([source](https://www.bizjournals.com/chicago/inno/stories/fundings/2021/10/06/the-mom-project-lands-80m.html))
- HR management platform Buk raises $50 million in Series A funding. ([source](https://techcrunch.com/2021/10/05/from-bootstrapped-to-a-417m-valuation-chiles-buk-raises-50m-for-its-human-resources-management-platform/))
- Equitable hiring platform BrightHire raises $20.5 million in Series B funding. ([source](https://brighthire.ai/blog/brighthire-series-b/))
- Tech-focused recruiting company Hunt Club raises $10 million in Series A funding. ([source](https://www.prnewswire.com/news-releases/hunt-club-raises-10m-to-help-high-growth-companies-hire-faster-with-candidate-referrals-and-talent-networks-301402245.html))
- Online temporary staffing platform Wonolo raise $138 million in growth funding. ([source](https://www.prnewswire.com/news-releases/wonolo-secures-138-million-in-new-funding-to-reshape-the-future-of-working-301403359.html))
- HR case management company HR Acuity receives $47 million investment from K1 Investment Management. ([source](https://www.prnewswire.com/news-releases/hr-acuity-secures-47-million-investment-from-k1-to-scale-its-cloud-solutions-for-employee-relations-301403097.html))
- Remote hiring startup Deel raises $425 million in Series D funding. ([source](https://techcrunch.com/2021/10/18/with-customers-like-coinbase-and-shopify-remote-hiring-startup-deel-raises-425m-at-a-5-5b-valuation/))
- Software-engineer screening tool Karat raises $110 million in Series C funding. ([source](https://www.fool.com/investing/2021/10/13/tech-interviewing-startup-karat-hits-11b-unicorn-v/))
- Professional community platform Ladder launches new mobile app and raises $3.7 million. ([source](https://www.prnewswire.com/news-releases/ladder-announces-3-7-million-in-funding-led-by-forerunner-with-participation-from-alexis-ohanians-seven-seven-six-301410606.html))

## **Must-Read Reports**

- Grant Thornton's *State of Work in America* finds employees want flexibility more than raises. ([source](https://www.grantthornton.com/library/press-releases/2021/october/gt-survey-employees-value-flexibility-over-salary-increases-one-third-looking-for-new-jobs.aspx))
- Hybrid work will remain a permanent fixture when the threat of COVID-19 finally passes, according to XpertHR's *Flexible Work Policies and Practices Survey*. ([source](https://www.prnewswire.com/news-releases/most-employers-plan-to-offer-hybrid-work-after-the-covid-19-pandemic-according-to-xperthrs-latest-survey-301395043.html))
- The *Beamery Talent Index* says half of workers are looking for new jobs. ([source](https://apnews.com/press-release/PRNewswire/business-lifestyle-work-life-balance-1fc07f1bcc511212fabc39ad72b47594))
- Axonify's *State of the Fontline Work Experience* report finds 45 percent of frontline workers have decided to quit. ([source](https://axonify.com/state-of-frontline-work-experience-2021/))
- The recruiting profession experienced explosive growth in 2021, according to new data from Top Echelon. ([source](https://www.prnewswire.com/news-releases/top-echelon-recruiting-profession-enjoying-robust-growth-in-2021-301403886.html))
- In West Monroe's *Quarterly Executive Poll*, 75 percent of executives say they're bullish on the U.S. economic recovery. ([source](https://www.westmonroe.com/perspectives/report/quarterly-executive-poll-q4-2021))

## **Company News**

- Talent group Phaidon International launches Larson Maddox subsidiary for regulatory and legal talent. ([source](https://finance.yahoo.com/news/phaidon-international-continues-growth-story-131700386.html))
- Interview platform interviewIA announces new freemium software model. ([source](https://www.prnewswire.com/news-releases/interviewia-launches-freemium-smart-interview-software-to-address-the-current-talent-shortage-301405265.html))
- Former Caldwell leaders launch new executive search firm Artico Search. ([source](https://huntscanlon.com/artico-search-launches-to-help-companies-build-scale-and-protect/))
- AI-driven talent development platform Eightfold AI announces two new partnerships: one with Heidrick & Struggles and one with Tata Consultancy Services ([source](https://huntscanlon.com/heidrick-struggles-and-eightfold-ai-form-alliance/), [source](https://www.prnewswire.com/news-releases/eightfold-ai-and-tata-consultancy-services-announce-partnership-to-transform-talent-management-for-enterprises-across-the-globe-301397479.html))
- Equifax workforce solutions announces new integration with HCM tech platform isolved. ([source](https://www.prnewswire.com/news-releases/equifax-workforce-solutions-launches-new-integration-with-isolved-301391298.html))
- Live Recruit debuts new version of its virtual hiring event platform. ([source](https://finance.yahoo.com/news/live-recruit-launches-version-virtual-124400944.html))
- Talent acquisition platform Avature launches recruitment marketing capabilities for WeChat. ([source](https://www.tmcnet.com/usubmit/-avature-launches-full-range-integrated-wechat-recruitment-marketing-/2021/10/12/9467475.htm))
- Greenfield Staffing Software and Timerack, Inc., form long-term strategic partnership. ([source](https://finance.yahoo.com/news/timerack-greenfield-staffing-software-announce-124400389.html))
- Resume-sharing platform C-Suite CV Secure ranks America's Top 99 retained search firms. ([source](https://finance.yahoo.com/news/c-suite-cv-secure-releases-124300992.html))
- Talent acquisition platform HiringSolved announces new product release featuring new pattern predictions and an AI-powered recruiting assistant. ([source](https://www.globenewswire.com/news-release/2021/10/19/2316355/0/en/HiringSolved-Promotes-Efficient-Recruiting-Outcomes-for-Today-s-Enterprise-with-Latest-Product-Release.html))
- Former NFL player James Hasty launches Eneje search firm with goal to eliminate racial disparities in sports hiring. ([source](https://apnews.com/press-release/pr-newswire/nfl-sports-business-coaching-47b6d5ded193f71ce339ff42831eeb21))
- Top Echelon Software releases new Network Candidates sourcing tool. ([source](https://www.prnewswire.com/news-releases/top-echelon-releases-job-candidates-sourcing-tool-for-recruiting-top-talent-301404977.html))
- Talent acquisition firm Find Great People joins the International Executive Search Federation. ([source](https://huntscanlon.com/the-international-executive-search-federation-adds-find-great-people-to-network/))

*Are you interested in having your company featured in this recruiting industry report? Send an email to  [matthew@recruiter.com](mailto:matthew@recruiter.com) with your company's news or announcements. Our regular publication, RecruiterToday, also features thought leadership from recruiting and talent acquisition professionals and accepts content contributions.*

 Tags: [Company News](https://blog.recruiter.com/tag/company-news)

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