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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Multiply Mortgage Raises $23.5M Series A to Make Homeownership an Employee Perk
Multiply Mortgage, a fintech innovator, has secured $23.5 million in Series A funding led by Kleiner Perkins, bringing its total funding to $27 million. The company is revolutionizing employee benefits by offering lower mortgage rates—up to
Product NewsChartHop AI: Merging HR and Business Data for Smarter Workforce Decisions
ChartHop AI revolutionizes workforce intelligence by integrating HRIS with business data, enabling HR leaders to make smarter, real-time decisions. By bridging workforce metrics with sales, customer support, and R&D insights, it transforms
Product NewsLattice Debuts AI Agent for HR as HRIS Customer Growth Surges 250%
Lattice has introduced an AI-powered HR agent to streamline HR processes and enhance employee productivity. The AI agent automates responses to common HR inquiries, allowing HR teams to focus on strategic tasks like performance management a
Product NewsZoom debuts new agentic AI skills and agents for Zoom AI Companion
Zoom Communications has introduced a major upgrade to its AI Companion, now featuring agentic AI skills and AI agents designed to improve task automation, workflow orchestration, and customer experience. The latest updates include over 45 n
Venture CapitalHuman Cloud Acquires PeopleGPT: Pioneering the Future of AI-Driven HR Leadership
Human Cloud , a global workforce advisory firm, has acquired PeopleGPT, a prominent AI-focused HR community. The acquisition aims to bridge the gap between technological advancements and HR leadership by fostering collaboration between tale
Company NewsHudson Global Reports 2024 Financial Results: $140.1M Revenue (-13.2%), $4.8M Net Loss, $17.7M Cash Reserves, and $0.9M Adjusted EBITDA
Hudson Global, a leading global talent solutions provider, reported its Q4 2024 and full-year financial results. The company faced a 13.2% decline in annual revenue, reflecting a challenging hiring environment worldwide. Despite a net loss
Venture CapitalJobGet Acquires Seasoned: AI & Automation Reshape Restaurant Hiring
JobGet has acquired Seasoned , strengthening its position as the leading hiring platform for hourly workers. This acquisition follows its recent purchase of Snagajob, extending its reach to over 100 million job seekers. Seasoned’s AI-powere
Company NewshireEZ and Talroo Partner to Unify High-Volume Hiring, Unlock Access to Millions of Frontline Worker Profiles for AI-Powered Sourcing
hireEZ and Talroo have announced a strategic partnership to enhance high-volume hiring by integrating AI-powered sourcing and frontline worker profiles. This collaboration grants hireEZ users exclusive access to Talroo’s TalentSync database
Venture CapitalDeel acquires Safeguard Global’s payroll division
Deel has acquired Safeguard Global’s payroll division, strengthening its global payroll capabilities by integrating Safeguard’s enterprise expertise with Deel’s tech-driven HR infrastructure. This acquisition enhances Deel’s ability to mana
Venture CapitalServiceNow to extend leading agentic AI to every employee for every corner of the business with acquisition of Moveworks
ServiceNow has signed a definitive agreement to acquire Moveworks, combining ServiceNow’s agentic AI and automation strengths with Moveworks’ front-end AI assistant and enterprise search capabilities. This move aims to deliver powerful AI-d
Company NewsFirst HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis
The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat
Venture CapitalTriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech
TriNet (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D , to Arvo Tech , a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions
Venture CapitalEmploy Acquires Pillar: The Future of AI-Powered Hiring is Here
Employ has acquired Pillar, a leading AI interview intelligence platform, to enhance hiring efficiency and transform talent acquisition. By integrating Pillar’s AI-powered insights, Employ aims to eliminate inefficiencies, accelerate hiring
Venture CapitalCoAdvantage & PrimePay Merge to Elevate HR Tech for SMBs
Aquiline Capital Partners has announced the merger of its portfolio companies, CoAdvantage and PrimePay , to enhance human capital management (HCM) services for small- and mid-sized businesses. This strategic combination aims to offer a mor
Company NewsTalent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds
Workday ’s latest report, The Global State of Skills, highlights a growing concern among business leaders: 51% fear future talent shortages, and only 32% feel confident in their workforce’s skills for long-term success. As AI reshapes indus
Venture CapitalIndia’s HR SaaS Star Darwinbox Raises $140M to Expand HR Tech Disruption into the U.S.
Indian HR tech startup Darwinbox has raised $140 million in a funding round co-led by KKR and Partners Group, positioning itself to compete with Deel and Rippling. The company, which provides an all-in-one SaaS platform for hiring, onboardi
Venture CapitalAlta Raises $7M to Revolutionize Sales with AI-Powered Revenue Workforce
Alta , an AI-driven revenue workforce solutions provider, has raised a $7 million seed round and officially launched its AI agents designed to optimize sales, marketing, and RevOps functions. Its proprietary LLM for sales powers AI workforc
Venture CapitalHelios Raises $15.5M to Transform Global Payroll & Workforce Management with AI
Helios , an AI-powered workforce management platform, has secured $15.5 million in seed funding to enhance how global companies hire, manage, and pay their teams compliantly. Founded by HR tech innovator Rick Hammell, Helios integrates payr
Venture CapitalHeyMilo Secures $2.2 Million to Interview and Evaluate Candidates at Scale with AI Agents
HeyMilo , an AI-powered candidate screening platform, has secured $2.2 million in seed funding led by Canaan Partners, highlighting the growing demand for AI-driven hiring solutions. HeyMilo automates the early interview process using AI ag
Company NewsDocebo Reports $57M Q4 Revenue & $217M Annual Revenue, Driven by AI-Powered Learning
Docebo Inc. (NASDAQ: DCBO; TSX: DCBO), a leader in AI-driven learning platforms, reported strong financial results for Q4 and fiscal year 2024. The company achieved $57 million in Q4 total revenue (16% YoY growth) and $216.9 million for the
Venture CapitalPaychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends
Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to c
Company NewsZipRecruiter Announces Fourth Quarter and Full Year 2024 Results
ZipRecruiter reported annual revenue of $474 million, with Adjusted EBITDA reaching $78 million, representing a 16% margin. However, the company also posted a net loss of $12.9 million, resulting in a -3% net income margin. Despite macroeco
ColumnWorkday Reports $8.446B Revenue in FY2025, Subscription Growth Hits 16.9%
Workday reported robust financial results for fiscal 2025, highlighting significant year-over-year growth in both total and subscription revenues. Fourth quarter total revenues reached $2.211 billion, up 15%, while subscription revenues ros
Venture CapitalAI-Driven Hiring Platform Mercor Secures $100M Series B, Reaching $2B Valuation Amid Rapid Growth
Mercor , an AI-driven recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B funding round, valuing the company at $2 billion. Led by Felicis, with participation from Benchmark, General Catalyst
Company NewsAlight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth
Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue grow
Venture CapitalTalent Intelligence Leader Loxo Raises $115M to Revolutionize AI Recruiting with Tritium Partners Investment
Loxo , a leading AI-powered talent intelligence platform, has secured a $115 million growth investment led by private equity firm Tritium Partners . This funding will accelerate AI and product development , further solidifying Loxo's positi
Product NewsFiverr Unveils Fiverr Go, a Visionary AI Platform that Puts Creators Front and Center
Fiverr has launched Fiverr Go , a revolutionary AI platform designed to help freelancers scale their businesses while maintaining full creative rights . Unlike traditional AI tools that exploit human creativity, Fiverr Go introduces a susta
Venture CapitalKKR Acquires Stake in HRM Platform Employment Hero from SEEK Investments
KKR, a leading global investment firm, has acquired a stake in Employment Hero, a prominent HR management platform, from SEEK Investments. Despite this transaction, the SEEK Growth Fund will continue as a material investor in the company. E
Company NewsTriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook
TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record w
Venture CapitalHiBob Acquires Mosaic for $35 Million to Integrate HR and Financial Planning
HiBob has announced its acquisition of Mosaic , a leading Financial Planning and Analysis (FP&A) platform, to bridge the gap between HR and finance for mid-sized businesses. This integration will empower companies with real-time insights
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