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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300UK-Headquartered HiBob Secures $166M Investment Led by Salesforce to Build Organizational Intelligence for the AI Enterprise; Round Undisclosed
HiBob secured a $166M investment led by Salesforce, with Farallon Capital Management participating. The company is positioning Bob as an Organizational Intelligence layer, using trusted workforce context to make AI agents and enterprise dec
Company NewsWorkday Revenue Hits $2.649 Billion as AI Drives More Than 25% of New ACV
Workday reported fiscal 2027 second-quarter revenue of $2.649 billion, up 12.8% year over year, with subscription revenue rising 13.9% to $2.471 billion. More importantly, AI is beginning to show measurable commercial impact: CEO Aneel Bhus
Company NewsWorkday Introduces AI Research Team Dedicated to Advancing Reliable, Trustworthy, and Efficient Enterprise AI
Workday has launched Workday AI Research to tackle enterprise AI challenges including agent memory, explainability and multi-agent orchestration. Its latest research reports 12% higher memory precision, ~8% better quality and 5.8% higher mu
Venture CapitalLattice Acquires Pando to Accelerate the Shift from Periodic Reviews to AI-Native Continuous Performance
Lattice has acquired Pando , the just-in-time performance platform. Pando founder and CEO Barbra Gago will join Lattice as Chief Marketing and Strategy Officer. The deal adds progression, evidence-based calibration and real-time performance
Venture CapitalCheckr Acquires Truv, Expanding Into a $45 Billion Identity and Verification Market
Checkr has acquired Truv, expanding its AI-powered verification platform into government benefits eligibility while strengthening mortgage verification. Truv’s network reaches 96% of the U.S. workforce; Checkr serves 140,000+ customers glob
Venture CapitalCareerminds Acquires Jobrapido, Expanding From Outplacement to a Global Workforce Transition Platform
Careerminds has acquired Jobrapido , combining career transition services, AI-powered career technology and labor market intelligence with a global independent job marketplace connecting millions of job seekers. Financial terms were not dis
Venture CapitalMetaview Acquires Reval as Recruiting AI Moves From Assistants to Autonomous AI Coworkers
Metaview has acquired AI-native recruiting firm Reval . Reval founders Seth Tilliss and Aditya Gupta will join Metaview to accelerate fillmore, its autonomous AI coworker. fillmore has attracted 2,000+ hiring managers and recruiting teams t
Company NewsHireQuest Q2 Profitability Surges as Staffing Market Shows Signs of Recovery
HireQuest reported Q2 2026 revenue of $8.1M, up 6.0% YoY. Excluding the MRINetwork divestiture, revenue grew 16.6% and system-wide sales rose 6.9%. Net income reached $2.7M, while Adjusted EBITDA increased to $4.6M. GOOSE CREEK, S.C.
Venture CapitalMarsh McLennan Agency to Acquire Accel Holdings, Adding 130+ Employees and Seven Midwest Offices
Marsh McLennan Agency will acquire Iowa-based Accel Holdings, Inc. The Accel Group has 130+ employees and 7 offices across Iowa, Illinois, Missouri and Kansas, spanning insurance, employee benefits, agribusiness, wealth and retirement advis
Company NewsPaylocity FY2026 Revenue Reaches $1.771 Billion as Net Income Rises 18.8% and AI Strategy Accelerates
Paylocity closed fiscal 2026 with double-digit growth, stronger profitability, and an expanded product strategy spanning HR, Finance, and IT. Fourth-quarter revenue rose 11.0% year over year to $444.7 million, while recurring and other reve
Venture CapitalDeel Surpasses $1.5B ARR With 15th Acquisition, Embedding Clarity’s Deepfake Defense Across Global Hiring
Deel has acquired AI cybersecurity company Clarity in its 15th acquisition after surpassing $1.5B in ARR. Clarity’s deepfake detection and identity verification will connect candidate screening, onboarding, device provisioning, and workforc
Company NewsADP Reports $21.95 Billion in Fiscal 2026 Revenue as AI Adoption Accelerates Across HCM, Service, and Sales
ADP closed fiscal 2026 with broad-based growth across revenue, earnings, client retention, and AI-enabled product adoption. Full-year revenue increased 7% to $21.95 billion, while net earnings rose 8% to $4.41 billion. Adjusted EBIT reached
Company NewsRevelio Labs Launches AI Labor Market Tracker, an Evidence-Backed, Real-Time Measure of AI's Impact on the Workforce
Revelio Labs launched its monthly AI Labor Market Tracker. Since Oct. 2022, demand for the most AI-exposed roles is down 42% versus the least-exposed, while AI-adopting firms show 27% stronger headcount growth. One external hire now require
Company NewsSegal Survey Projects Health Plan Cost Trend to Reach 15-Year Historic Highs Driven by GLP-1s, Inflation, AI, and Surprise Billing Arbitration
Segal’s 2027 Health Plan Cost Trend Survey projects that the median cost trend for employer-sponsored medical plans will reach 9.9%, approaching a 15-year high, while prescription drug costs are expected to rise 11.5%. Based on responses re
Company NewsWorkday Adaptive Planning Achieves FedRAMP Moderate Authorization to Support Federal Workforce and Budget Planning
Workday Adaptive Planning has achieved FedRAMP Moderate authorization, enabling U.S. federal agencies to securely connect workforce planning, budgeting and forecasting. The solution includes audit capabilities, FIPS 140-3 compliant security
Company NewsHRCI Announces Master Certificate in Human Resources for HR Professionals, People Managers, and Business Leaders
HRCI has launched its Master Certificate in Human Resources: 24 required courses, 96 learning hours and 96 recertification credits covering generative AI, analytics, compensation, compliance, ethics, talent management and people strategy. S
Company NewsWhy August 18 Is Becoming HR's Day
August 18 is emerging as HRDay : H is the 8th letter of the alphabet, and R is the 18th. The 2026 international launch centers on “AI Runs the Work. HR Keeps It Human.” HR professionals can also contribute to The Record at hrday.org .
Company NewsWorkday Announces Rising 2026: Where Agentic HR and Agentic Finance Take Center Stage October 12-15 in Las Vegas
Workday Rising 2026 will take place Oct. 12–15 in Las Vegas, bringing together 30,000+ in-person and digital attendees. The event will feature 400+ sessions on agentic HR, finance, IT, product innovation, customer use cases, demos, and hand
Signal Labs Acquires BrassRing to Build an Enterprise System of Attention on 25 Years of Talent Data
Signal Labs has acquired BrassRing, combining SignalOS™ with 25 years of talent outcome data across 172 countries and 42 languages. The platform will flag roles likely to stall, identify promising candidates and surface internal...
August 18 Is HR Day: A Global Moment to Keep Work Human
Partner Content from HRDay.org August 18 is emerging as a global day for the human resources profession. Created around a simple connection—H is the eighth letter of the alphabet and R is the eighteenth—HR...
HR Tech and HR Executive Name the 2026 Top 100 HR Tech Influencers
The 2026 Top 100 HR Tech Influencers includes 32 new honorees—a sign that influence in HR tech is expanding beyond established analysts to executives, podcasters and community builders. Who is shaping how your organization...
Energage and Engagedly Merge to Unite AI Talent Management, Employee Engagement and Employer Brand
Energage and Engagedly have merged to create a unified platform spanning employee engagement, performance, learning, recognition, development and employer brand. Energage brings insights from 30M+ employee surveys across 80,000 organizations. EXTON, Pa.–Energage, the HR...
CoAdvantage and PrimePay Launch CoAd, Unbundling Traditional PEO Services for the First Time
CoAdvantage and PrimePay have launched CoAd, a unified payroll, HR and PEO brand serving 17,000+ clients and processing over $15B in annual payroll. Its modular model lets employers access co-employment without being required to...
Mercor to Acquire Deeptune, Strengthening Reinforcement Learning Environments for AI Agents
Mercor will acquire Deeptune, the New York-based creator of high-fidelity reinforcement learning environments for AI agents. Deeptune’s team, led by founder & CEO Tim Lupo, will join Mercor in NYC. The deal follows Deeptune’s...
DecisionHR Acquires Minnesota-Based PEO Paymasters to Expand Midwest HR Outsourcing Presence
DecisionHR, a Coalesce Capital portfolio company, has acquired Minnesota-based PEO Paymasters, expanding its HR outsourcing and PEO footprint across the Midwest and strengthening its presence in the Upper Midwest. Coalesce Capital has over $1.8B...
Paylocity Acquires AI-Native Leave Management Platform Aidora to Expand HCM Compliance Automation
Paylocity has acquired Aidora, an AI-native leave management compliance software company, to strengthen its HR platform with more automated, employee-friendly leave administration. Announced on July 9, 2026, the transaction adds a natural language interaction...
Shore Capital Acquires Denver-Based ThrivePass to Accelerate Employee Benefits Technology Growth
Shore Capital Partners has acquired Denver-based ThrivePass, an employee benefits technology platform serving employers, brokers and PEOs. Financial terms were not disclosed. ThrivePass supports lifestyle spending accounts, rewards, tuition reimbursement, COBRA administration and pre-tax...
Paris-Based HR Path Secures Near-$1 Billion Ardian-Led Transaction to Accelerate Global Expansion
HR Path has secured a near-$1B transaction led by Ardian to accelerate global growth. Founded in Paris in 2001, the company now has ~2,600 employees, operates in 30 countries and serves 3,000+ clients, with...
Corestream Secures Strategic Investment from Lightyear Capital to Accelerate Product Innovation and Platform Expansion
Lightyear Capital has made a strategic investment in Corestream, a voluntary benefits and employee savings technology platform. Founded in 2006, Corestream serves over 6M employees and reconciled more than $500M in payroll premiums in...
Microsoft Cuts 4,800 Roles as AI Reshapes Work, Commercial Delivery and Xbox Strategy
Microsoft is eliminating around 4,800 roles, representing about 2.1% of its global workforce, as the company accelerates a broader transformation of its business, operating model and workforce priorities. The changes primarily affect Microsoft’s Commercial...
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