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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TrueBlue Board of Directors Unanimously Rejects Unsolicited Proposal from HireQuest
On May 13, 2025, TrueBlue Inc. (NYSE: TBI), a leading workforce solutions provider, publicly announced its Board of Directors has unanimously rejected an unsolicited acquisition proposal from HireQuest, Inc. The all-stock offer of $7.50 per
Company NewsOutdated HR Systems Cost Government $1 Billion Annually, New Workday Report Shows
PLEASANTON, Calif. , May 12, 2025 -- A new report from Workday, Inc . (NASDAQ: WDAY ), the AI platform for managing peopl e , money , and agents , reveals that outdated federal human resources systems are costing taxpayers nearly $1
Product NewsDarwinbox Becomes First HCM Platform Globally to Launch Its Own Model Context Protocol (MCP) Server
Darwinbox has become the first global Human Capital Management (HCM) platform to launch its own Model Context Protocol (MCP) Server, marking a major leap toward enabling secure, intelligent collaboration between AI agents and enterprise sys
Venture CapitalRippling Raises $450M in Series G, Valuation Soars to $16.8B as YC Becomes a Customer
Rippling has raised $450M in a Series G round, boosting its valuation to $16.8B. The round includes investors like Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator. A $200M tender offer accompanies
EarningsZipRecruiter Reports $110.1M Revenue in Q1 2025 Amid Hiring Slowdown
Quarterly revenue of $110.1 million Quarterly net loss of ($12.8) million, or net loss margin of (12)% Quarterly Adjusted EBITDA of $5.9 million, or Adjusted EBITDA margin of 5% SANTA MONICA, Calif.---ZipRecruiter ® (NYSE: ZIP), a leading
Venture CapitalSeattle-Based AI Recruiting Platform Humanly Raises $7M to Accelerate Growth and Innovation
Humanly , an AI-powered conversational recruiting platform, has raised a $7 million momentum funding round to accelerate growth and innovation in inclusive hiring. With a proprietary platform that screens and schedules over 250,000 candidat
Venture CapitalUK-Based Ravio Secures $12M to Disrupt Outdated Salary Practices with Live Benchmarking Tools
Ravio , a London-based compensation data platform, has secured a $12 million Series A round led by Spark Capital to transform how companies manage pay. With outdated compensation benchmarks often based on data that is over a year old, Ravio
Venture CapitalEngagedly Acquires hiringtool.co, a Next-Gen AI Applicant Tracking Platform (ATS), in Strategic Acquisition
On May 7, 2025, Engagedly, an AI-powered talent management platform, announced its acquisition of hiringtool.co, a GenAI-first applicant tracking system (ATS) tailored for startups and SMEs. This strategic move integrates intelligent hiring
Company NewsFiverr Announces First Quarter 2025 Results
Fiverr (NYSE: FVRR) delivered a strong start to 2025 with Q1 revenue of $107.2 million, up 14.6% year-over-year, and Adjusted EBITDA of $19.4 million, beating the midpoint of prior guidance. The company saw rapid growth in services revenue,
Product NewsHumantelligence Unveils Ask Aura™: The Next Evolution in AI-Powered Workplace Coaching for Leaders, Managers & Teams
Humantelligence has introduced Ask Aura™, an AI-driven coaching assistant that delivers real-time, personalized guidance to employees, especially managers, to improve communication, collaboration, and leadership skills directly within tools
ColumnServiceNow and UKG collaborate to supercharge employee productivity and efficiency with agentic AI
At Knowledge 2025, ServiceNow and UKG unveiled a groundbreaking partnership to integrate their AI platforms—ServiceNow's newly launched AI Agent Fabric and UKG's People Fabric—to transform HR, payroll, and workforce management. This strateg
Venture CapitalItalian-based Skillvue raises $6.3M to transform how companies discover and develop hidden talent
HR tech platform evolves from recruitment tool to comprehensive skills partner as organizations struggle to identify capabilities in both candidates and employees. Milan, May 05, 2025 -- While 70% of HR professionals desperately search for
Company NewsQuantum Workplace Names Joe Holland as Chief Executive Officer to Lead Next Phase of Growth and Innovation
Quantum Workplace, a leading provider of employee engagement and performance management solutions, has appointed Joe Holland as its new CEO, marking a significant leadership transition as Co-Founder Greg Harris steps into a board role after
Venture CapitalRevelio Labs Acquires Salary Board to Expand Global Compensation Analytics
Revelio Labs , a leading provider of workforce intelligence, has acquired Salary Board, a prominent player in real-time compensation data and labor market insights. This strategic acquisition expands Revelio Labs' global dataset and enhance
Company NewsPaylocity Q3 FY2025 Revenue Rises 13% to $454.5M, Adjusted EBITDA Hits $197M
Paylocity reported strong third-quarter fiscal 2025 results, highlighted by double-digit revenue and earnings growth. The company posted total revenue of $454.5 million, up 13% year-over-year, with recurring revenue rising 15% to $421.1 mil
Company NewsADP Q3 FY25 Revenue Hits $5.6B with 6% Growth, EPS Climbs to $3.06
In Q3 of fiscal 2025, ADP reported robust financial performance with a 6% year-over-year revenue increase, reaching $5.6 billion, driven by solid results across both Employer Services and PEO segments. Adjusted EBIT rose 6% to $1.6 billion
Product NewsConfirm Launches AI-Powered One-Click Performance Reviews, Bringing Speed, Fairness and Simplicity to Performance Management
Confirm has launched its AI-powered One-Click Performance Reviews to simplify, accelerate, and bring fairness to performance management. Built on Organizational Network Analysis (ONA), the solution auto-generates self-assessments and manage
Company NewsiHire Launches All-in-One, AI-Powered Recruitment Management Solution iHire360
iHire has unveiled iHire360, an all-in-one, AI-powered recruitment management platform designed to help small and medium-sized businesses (SMBs) streamline their hiring processes. By integrating AI technology with personalized hiring suppor
ColumnGlobal Trade Policy Changes Leave U.S. Frontline Workers Nervous, Angry, and Stressed Out
A recent UKG survey of over 5,000 U.S. frontline workers reveals significant anxiety and behavioral changes due to evolving trade policies and tariff uncertainties. Over half fear job layoffs, with nearly three-quarters concerned about futu
Venture CapitalSan Francisco-Based TeamOhana Expands Funding to Launch AI Agents for Finance, HR, and Talent Collaboration
TeamOhana, a strategic headcount management platform, has secured $7.5 million in seed funding, bringing its total funding to over $11.5 million. The company plans to expand its AI-driven "Agentic AI" workforce planning platform, which acts
EarningsTriNet Announces First Quarter 2025 Results
TriNet Group, a leading HR solutions provider for SMBs, reported its Q1 2025 results with $1.3 billion in total revenue, up 1% year-over-year. Despite macroeconomic challenges, the company delivered solid performance aligned with full-year
Venture CapitalWorkStep Acquires WorkHound to Strengthen Frontline Engagement Capabilities Across Logistics and Industrial Sectors
WorkStep has officially acquired WorkHound, a frontline employee feedback platform, in a strategic move to deepen its impact on frontline workforce engagement. By combining WorkStep’s data-driven insights and WorkHound’s real-time feedback
Product NewsMicrosoft Reinvents HR Intelligence: Inside the Launch of People Skills and Skills Agent in Microsoft 365 Copilot
— A New Era of Skills-Based Talent Strategy Powered by AI In a move that may redefine the landscape of enterprise HR technology, Microsoft has officially launched People Skills , a powerful new data layer within Microsoft 365 Copilot and Vi
Company NewsPapaya Global Announces CFO, CPO, and Key Executive Appointments to Drive Innovation and Expansion
Papaya Global , a leading workforce payroll and payments platform, has announced significant leadership changes to bolster its global expansion. Erez Simha joins as CFO, bringing vast IPO and M&A expertise, while Amit Levi is promoted to CP
Venture CapitalIntuit to Acquire HR Platform GoCo to Build End-to-End HR Suite for SMBs
Intuit has announced its agreement to acquire GoCo, an HR and benefits platform focused on small and mid-market businesses. This strategic acquisition aims to transform Intuit’s Payroll into a full Human Capital Management (HCM) solution by
Venture CapitalSan Diego’s HelloSky Secures $5.5M Seed Funding to Scale AI-Powered Executive Search Tool
HelloSky , formerly known as Skyminyr, has raised $5.5 million in an oversubscribed seed round to accelerate its AI-powered talent intelligence platform tailored for executive search. With $1 million in ARR already achieved and new leadersh
Product NewsHireClix Launches JobFlow SEO to Improve Employer’s Search Engine Optimization for Job Postings on Google and Beyond
HireClix has introduced JobFlow SEO , a new recruitment marketing solution designed to enhance the visibility of job postings across search engines like Google. Compatible with any applicant tracking system (ATS), this tool helps employers
Product NewsSalary.com Unveils Agentic AI Platform for HR and Compensation
Salary.com has launched the first-ever Agentic AI platform tailored specifically for HR and compensation professionals. By integrating advanced agentic AI and large language models (LLMs), this platform automates complex workflows, enables
Venture CapitalCheckr Expands into Employment Verification with Acquisition of Truework
Checkr has announced its acquisition of Truework , a major player in income and employment verification. This strategic move allows Checkr to expand beyond background checks into the multi-billion dollar employment verification industry. Tr
Company NewsManpowerGroup Q1 Revenue Falls to $4.1B, Net Income Down 86% Amid Restructuring
In Q1 2025, ManpowerGroup reported $4.1 billion in revenue, marking a 7% year-over-year decline (-5% in constant currency, -2% organic). Net income fell sharply to $5.6 million ($0.12 per diluted share) from $39.7 million ($0.81) a year ear
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