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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday Surges on Reported Silver Lake Takeover Talks: A New Test for SaaS in the AI Era
A reported takeover approach has suddenly put Workday at the center of one of the largest potential enterprise software transactions in years. Reuters reported on August 13 that technology investment firm Silver Lake has been in discussi
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
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
Venture CapitalSan Francisco Humanoid Robotics Startup Avatar Robotics Raises $6.5M Seed Round Led by AlleyCorp
Avatar Robotics raised a $6.5M Seed round led by AlleyCorp, with a pre-seed led by defy.vc. Since launching in Dec. 2025, its humanoid robots have packed, sorted, and helped ship 900,000+ products across live warehouse environments, with 24
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
Venture CapitalNew York-Based Harmony Raises $34M Seed Round to Reinvent Employee Support with AI Agents
Harmony , a New York-based AI platform for enterprise employee support, has raised $34 million in seed funding led by Lightspeed Venture Partners. Hitachi Ventures, Fin Capital, Mercer Ventures, Operator Partners and several angel investors
Venture CapitalU.S. Electrician Staffing Platform Buildforce Raises $10M Series A for National Expansion
Buildforce raised a $10M Series A led by Saepio Capital, with Blue Heron Capital, Revolution’s Rise of the Rest Seed Fund, S3 Ventures and Chicago Ventures participating. The electrician staffing platform reports 2M+ work hours across 2,000
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
Product NewsPaylocity Launches Ignite AI Agents Across Payroll, Recruiting and Workforce Analytics
Paylocity launched Ignite AI, a platform-wide suite of AI agents for payroll, recruiting, time, workforce insights and data quality. A centralized Ignite AI Hub lets organizations control active agents, monitor adoption and measure producti
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...
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...
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...
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...
Skillsoft Completes Sale of Global Knowledge Business to Focus on AI-Native Skills Management Platform
Skillsoft has completed the sale of its Global Knowledge business to an affiliate of Enduring Ventures. The deal sharpens Skillsoft’s focus on its AI-native skills management platform, while a strategic partnership preserves customer access...
Handshake Acquires AI-Native Learning Platform Uplimit to Connect Learning, Skills and Hiring
Handshake has acquired Uplimit to build a global AI learning platform connecting learning, verified skills and hiring. The company says AI use at work rose from 8% to 35% in one year, while only...
Straiker Raises $64M Series A to Secure the Agentic Workforce
Straiker raised a $64M Series A, bringing total funding to $85M. The round was led by Marathon Management Partners, Citi Ventures, Illuminate Financial, and Workday Ventures, with Bain Capital Ventures and Lightspeed continuing support....
Korn Ferry to Acquire UK-Based AMS for Approximately £850M, Creating a Global Talent and Organizational Consulting Leader
Korn Ferry will acquire UK-headquartered AMS from OMERS Private Equity for approx. £850M / $1.1B. The combined firm will have 16,000+ colleagues, operate across 120+ countries, and place a professional in a job about...
Warp Raises $60M Series B to Challenge Workday, Rippling, and ADP in AI-Native Payroll Compliance
Warp has raised $60M in Series B funding led by Battery Ventures, with Peak XV, Sound Ventures, Y Combinator, and HOF Capital participating. The AI-native startup automates payroll, onboarding, tax compliance, IT management, benefits...
Riviera Partners Acquires Lateral Labs to Expand AI and Machine Learning Talent Search Capabilities
Riviera Partners has acquired Lateral Labs, a specialized recruiting firm serving top AI startups. The deal expands Riviera’s AI and ML talent search capabilities from seed-stage startup through IPO, spanning research, infrastructure, engineering, product...
Syndio Acquires Embrace.ai
Syndio has acquired Embrace.ai, an agentic AI company focused on AI-driven automation across business workflows. The full Embrace.ai team will join Syndio, with Derek Butts becoming SVP of Product Strategy and Seth Halpern serving...
Linc Raises €8.5 Million to Build the AI-Native Payroll Platform France’s Payroll Professionals Have Been Waiting For
France-based payroll software company Linc has raised €8.5M to accelerate its AI-native platform for accounting and payroll firms. Founded in 2024, Linc now reports 68 firms in production and 100+ payroll, HR, accounting and...
Niural Launches Niural AI Labs and Expands Series A to $52 Million for AI-Native Payroll and Benefits
Niural, the AI-native platform for global payroll, benefits, payments, and compliance, has launched Niural AI Labs and expanded its Series A to $52 million. The company positions the Lab as a “neolab for finance,”...
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