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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday 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
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 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
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 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
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 NewsADP Delivers Strong FY25 Results with $20.6B Revenue, Sets Confident Outlook for FY26
ADP reported strong results for fiscal year 2025, with revenue growing 7% to $20.6 billion and adjusted diluted EPS rising 9% to $10.01. Both its Employer Services and PEO Services divisions delivered 7% revenue growth, fueled by high clien
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
Company NewsJulius AI Raises $10M to Democratize Data Analysis With AI Agents
Julius AI has raised $10 million in funding led by Bessemer Venture Partners, Y Combinator, and other notable investors to democratize AI-powered data analysis. The platform allows non-technical users to analyze data, generate visualization
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
HotNewsAmerica’s AI Action Plan: White House Charts Bold Course for Global AI Leadership
Washington, D.C., July 23, 2025 — The White House has released a sweeping 28-page blueprint titled America’s AI Action Plan , outlining over 90 federal policy directives aimed at securing U.S. dominance in artificial intelligence across inn
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
Venture CapitalBetterComp Secures $33M Series A to Expand into New Markets & Advance AI in Compensation Practices
BetterComp , a compensation management software provider based in Walnut Creek, California, has secured $33 million in Series A funding led by Ten Coves Capital. This marks the company’s first institutional funding after years of bootstrapp
Product NewsPaylocity Advances One Unified HCM and Finance Platform with Launch of Integrated Spend Management Solution
Paylocity has launched “Paylocity for Finance,” expanding its modern HCM platform into the Office of the CFO by integrating Airbase’s award-winning spend management technology. This unified solution enables organizations to manage payroll a
Venture CapitalCopenhagen-Based Kiku Raises €4M Seed to Build AI Infrastructure for Frontline Hiring
Kiku, a Copenhagen-based startup, has secured €4 million in seed funding to accelerate the expansion of its AI agent for frontline hiring across Europe. The company’s virtual agent, Sara, automates candidate screening, note-taking during in
NewsManpowerGroup Reports 2nd Quarter 2025 Results
Revenues of $4.5 billion (flat as reported, -3% constant currency (CC), -1% organic CC) Latin America and Asia Pacific continued to experience good demand while demand in Europe and North America saw stabilizing trends in many mark
HotNewsJob Boards Are Dying—AI Is Becoming the New Hiring Front Door
In July 2025, Japanese HR services giant Recruit Holdings announced a sweeping reorganization of its HR technology division, cutting approximately 1,300 jobs , or 6% of the department’s global workforce. The restructuring directly impacts i
NewsTorch Acquires AI Learning Company Praxis Labs to Redefine Coaching as a Catalyst for Organizational Change
Torch, a contextual coaching platform, has acquired Praxis Labs, an AI-powered learning platform known for its research-backed simulations, skill assessments, and AI coaching. This strategic acquisition aims to bridge the persistent gap bet
Company NewsPapaya Global and Worksome Partner to Transform the $2 Trillion Contingent Workforce Market for Enterprise Clients
Papaya Global and Worksome have formed a strategic partnership to transform how enterprises manage and pay their contingent workforce. As freelancers and contractors now make up 40% of the global labor market, this integration combines Papa
Product NewsiCIMS Introduces New AI Capabilities for Smarter Sourcing and Recruiting
iCIMS has launched a new wave of AI-powered enhancements to streamline talent acquisition workflows, reduce manual effort, and improve candidate and recruiter experiences. The summer release introduces three key AI assistants—for candidate
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