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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Upwork Inc. Introduces Lifted, a Subsidiary Serving Enterprises with Full Suite of Contingent Workforce Solutions
Upwork Inc. has launched Lifted, a wholly owned subsidiary designed to help enterprises manage the full spectrum of contingent workforce needs, including independent contractors, AOR, EOR, staff augmentation, and SOW engagements. Built on r
Company NewsWorkday and DailyPay Partner to Deliver On-Demand Pay Across U.S. and Canada
Workday and DailyPay have announced a strategic partnership to provide on-demand pay solutions for millions of workers across the U.S. and Canada. The integration with Workday HCM and Payroll will allow employees, particularly frontline and
Product NewsDeel Launches AI Workforce with 7 Specialized Agents to Transform HR and Payroll
Deel has launched its AI Workforce , a new platform feature designed to help global HR and payroll teams manage administrative workloads through AI-powered agents. With seven specialized AI agents for functions like hiring, payroll, complia
Company NewsWorkday Confirms Data Breach Linked to Social Engineering Attacks
Workday confirmed a security incident in which attackers accessed a third-party customer relationship database and stole personal contact information (names, emails, phone numbers). Workday says there’s no indication of access to customer t
Venture CapitalWorkday Acquires Flowise to Supercharge AI Agent Development in HR and Finance
Workday has acquired Flowise , an open-source, low-code AI agent builder platform, to empower customers and partners with fast, customizable, and responsible AI development capabilities. Flowise enables users to design and deploy AI agents
Venture CapitalDarwinbox Secures US$40M from Teachers’ Venture Growth to Fuel North America Expansion and AI-First HCM Innovation
Darwinbox , a fast-growing AI-powered human capital management (HCM) platform, has secured US$40 million from Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan. The funding will accelerate the company’s North Americ
Product NewsZipRecruiter Brings Breakroom to U.S., Delivering 1M+ Real Workplace Ratings for Frontline Jobs
ZipRecruiter has launched Breakroom in the U.S., a workplace rating platform designed for frontline industries such as retail, hospitality, and logistics. With over one million employee ratings, Breakroom offers role- and location-specific
Company NewsNew Workday Global Research: AI Agents Are Here—But Don't Call Them Boss
Workday’s latest global research, AI Agents Are Here—But Don’t Call Them Boss , reveals that while 75% of employees are ready to collaborate with AI agents, only 30% are comfortable being managed by them. The survey of nearly 3,000 professi
Company NewsZipRecruiter Q2 2025 Revenue Hits $112.2M, Signals Possible Q4 YoY Growth
ZipRecruiter reported Q2 2025 revenue of $112.2 million, with a net loss of $9.5 million (−8% margin) and Adjusted EBITDA of $9.3 million (8% margin). Despite a still-soft labor market, sequential growth in Paid Employers since Q4 2024 and
Venture CapitalLaurel Secures Strategic Investment from Workday Ventures to Transform AI Time Tracking in Professional Services
Laurel, the world’s first AI Time platform for professional services, has raised $100 million in Series C funding led by IVP, with participation from GV and 01A. The investment will accelerate Laurel’s mission to solve the “time intelligenc
Venture CapitalLockton Announces Acquisition of Employee Experience Company
Lockton, the world's largest privately held insurance brokerage, has announced the full acquisition of Benefits Communication Insourcing (BCI), a move that underscores its commitment to enhancing employee experience and benefits strategy so
Company NewsUpwork Reports Second Quarter 2025 Financial Results
Upwork reported strong Q2 2025 financial results, with record revenue of $194.9 million , GAAP net income of $32.7 million , and adjusted EBITDA of $57.1 million , marking a 17% profit margin and a record 29% EBITDA margin. The company rais
EarningsAdecco Group H1 2025 Results: Market Share Rises Despite Revenue Decline and Margin Pressures
The Adecco Group, a global leader in workforce solutions, released its Half-Year 2025 results today, showing a strong gain in market share amid continued macroeconomic uncertainty and structural headwinds in key markets such as Germany. Whi
Company NewsPaylocity Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results
Q4 2025 Recurring & Other Revenue of $369.9 million, up 14% year-over-year Q4 2025 Total Revenue of $400.7 million, up 12% year-over-year FY 2025 Recurring & Other Revenue of $1,471.8 million, up 15% year-over-year FY 2025 Total Revenue of
Venture CapitalEmployee Navigator Raises $100M to Fuel AI-Powered HR and Benefits Platform Expansion
Employee Navigator , a leading U.S.-based benefits administration and HR software provider, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity. This minority investment facilitated a $120
Company NewsBOLD Completes Acquisition of CareerBuilder + Monster Job Boards
BOLD has officially acquired the job board assets of CareerBuilder and Monster through a Chapter 11 auction process, marking a major consolidation move in the HR tech space. The acquisition adds two iconic job board brands to BOLD's expand
Venture CapitalBullhorn acquires TargetRecruit and expands Salesforce ecosystem to 150,000 users
Bullhorn , a global leader in staffing software, has acquired TargetRecruit , a Houston-based Salesforce-native provider of recruitment solutions. This strategic move expands Bullhorn’s reach in healthcare staffing, particularly in the high
Venture CapitalSAP to Acquire SmartRecruiters: Integrating Innovative Talent Acquisition Portfolio Will Help Companies Attract and Retain Top Talent
SAP has announced its agreement to acquire SmartRecruiters , a leading provider of AI-powered talent acquisition solutions. This strategic move aims to enhance SAP’s SuccessFactors HCM suite by integrating SmartRecruiters’ strengths in re
Venture CapitalUnmind Announces $35M In New Funding to Transform Workplace Mental Health
Unmind , a global leader in workplace mental health solutions, has raised $35 million in new funding led by TELUS Global Ventures. The investment will accelerate its U.S. expansion and enhance its AI-powered platform, which integrates thera
Company NewsFiverr Q2 2025 Earnings: $108.6M Revenue Driven by AI & Managed Services
Fiverr reported solid second-quarter 2025 results, with total revenue reaching $108.6 million, up 14.8% year-over-year. The growth was driven primarily by AI-related services, the strong performance of Fiverr Pro’s Managed Services, and a s
Company NewsCareerBuilder + Monster Receives Court Approval of Sale Transactions
On July 29, 2025, CareerBuilder + Monster announced that the U.S. Bankruptcy Court has approved three asset sale transactions under its Chapter 11 restructuring process. Global career-tech firm BOLD will acquire the job board business and r
Venture CapitalSan Francisco’s Sparrow Secures $35M Series B to Tackle Global Leave Compliance with AI
Sparrow , the first end-to-end leave management platform designed for modern, global companies, has raised $35 million in Series B funding led by SLW, bringing its total funding to $64 million. The company leverages AI and compliance expert
Venture CapitalWingspan Raises $24M Series B in New York to Scale Embedded Contractor Payroll Platform for the $1.4T Flexible Workforce Market
Wingspan , a modern contractor payroll platform, has raised $24 million in Series B funding led by Touring Capital, bringing its total funding to $54 million. The funding will support the rollout of Wingspan Embed—an API-first contractor ma
Product NewsAlight Elevates Employer-employee Benefits Experience With Second Release of Alight Worklife® for 2025
Alight has released the second major update of its Alight Worklife® platform for 2025, reinforcing its AI-powered capabilities across employee benefits administration. This release enhances five key areas: health, wealth, wellbeing, navigat
Company NewsKforce Posts $334M Q2 Revenue, EPS Up 31% QoQ Despite Demand Constraints
Kforce Inc. reported Q2 2025 revenue of $334.3 million and diluted EPS of $0.59, representing a sequential increase amid ongoing macroeconomic uncertainty. Technology and Finance & Accounting (FA) Flex segments both saw modest growth from Q
EarningsTriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
TriNet reported its Q2 2025 earnings, maintaining total revenue at $1.238 billion, essentially flat year-over-year. Despite a 4% decline in average WSEs and an 8% drop in professional services revenue, the company reaffirmed its full-year g
Product NewsLeena AI Announces the Launch of Voice-Enabled, Agentic AI Colleagues to Revolutionize Employee Centricity and Enterprise Productivity
Leena AI has launched voice-enabled Agentic AI colleagues to revolutionize employee support and workplace productivity. These AI agents use natural voice interactions to assist employees across HR, IT, Sales, Finance, and more—anytime, anyw
Venture CapitalgoHappy Announces Strategic Growth Investment from Pamlico Capital to Accelerate Innovation in Frontline Employee Engagement
goHappy , a Richmond-based provider of app-free frontline employee engagement solutions, has received a strategic growth investment from Pamlico Capital to accelerate innovation and product expansion. Serving over 1 million frontline worker
Venture CapitalSan Francisco’s Ashby Lands $50M Series D to Advance Enterprise Recruiting Innovation
Ashby, a San Francisco-based intelligent hiring platform, has secured a $50 million Series D round led by Alkeon Capital, doubling its valuation since the Series C. The funding follows significant growth—customer count rose from 1,300 to 2,
Venture CapitalSan Francisco-Based CandorIQ Raises $4.8M Seed Round to Reinvent Compensation and Workforce Planning with AI
CandorIQ , an AI-powered compensation and workforce planning platform based in San Francisco, has raised $4.8 million in seed funding led by Array Ventures with participation from Y Combinator, CRV, and Switch Ventures. The platform helps H
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