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Product News

Lattice 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

Mar 18, 2025
Product News

Remote Unveils Recruit: AI-Powered Hiring with One-Click Global Onboarding

Remote has introduced Recruit , an AI-driven talent sourcing solution that simplifies global hiring by providing access to a vast talent intelligence dataset, smart sourcing capabilities, and one-click compliant hiring. Through its partners

Mar 11, 2025
Venture Capital

KKR 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

Feb 18, 2025
Venture Capital

HiBob 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

Feb 13, 2025
Venture Capital

Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate

Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a se

Feb 4, 2025
Venture Capital

Canada-Based Borderless AI Secures $5M Seed Extension, Raising Total Funding to $32M for HR Tech Innovation

Borderless AI has introduced HRGPT, a transformative AI-powered search engine designed specifically for HR teams and employees. HRGPT enables real-time retrieval of internal HR data and external HR regulations while providing transparency t

Jan 17, 2025
Product News

Remote Unveils AI-Powered Recruit AI to Tackle Global Hiring Challenges

Remote has unveiled Recruit AI , a groundbreaking AI-driven hiring solution designed to tackle the complexities of global recruitment. With "Matches," an intelligent candidate matching tool, the platform identifies top talent worldwide by a

Dec 9, 2024
Company News

Lattice's 2025 State of People Strategy Report: HR at a Crossroads with AI, DEIB, and Manager Engagement

Lattice 's 2025 State of People Strategy Report reveals that HR is at a critical juncture, facing challenges like declining employee engagement, reduced DEIB prioritization, and the slow adoption of AI. The report emphasizes the importance

Oct 29, 2024
Product News

Introducing Ask BambooHR: AI-Powered Solution Revolutionizing HR Efficiency and Employee Support

BambooHR , the leading cloud-based HR platform, introduces Ask BambooHR, an AI-powered chat interface designed to help HR professionals reclaim time by automating responses to routine questions about policies, benefits, and company data. An

Oct 17, 2024
Product News

Workstream Launches First All-in-One Payroll Solution for the Hourly Workforce

Workstream has launched an all-in-one payroll solution tailored specifically for businesses that employ hourly workers, such as QSR franchisees and restaurants. This new offering addresses critical needs identified in a survey of 250 HR lea

Sep 30, 2024
Product News

Paycor Launches Cutting-Edge Time-Off Management Tools to Boost Productivity

Paycor HCM, Inc. has announced innovative time-off management features that streamline operations and improve employee well-being. These new tools enhance real-time visibility, automate approval processes, and help leaders prevent burnout.

Sep 24, 2024
Product News

ADP Unveils Lyric: The Flexible, Intelligent and Human-Centric Global HR Platform

ADP has launched Lyric HCM , a Human Capital Management (HCM) platform leveraging GenAI to enhance personalized employee experiences on a global scale. Lyric offers a comprehensive solution by combining flexibility, intelligence, and human-

Sep 23, 2024
Venture Capital

Workday Signs Definitive Agreement to Acquire Evisort

Workday , a leading enterprise platform for managing human resources and financial data, has announced the acquisition of Evisort , an AI-native document intelligence platform. This acquisition aims to enhance Workday's capabilities in surf

Sep 17, 2024
Venture Capital

TeamBridge Secures $28 Million in Series B Funding to Revolutionize HR Software for Hourly Workers

TeamBridge , an HR tech startup founded by former Uber executives, has secured $28 million in Series B funding, led by Mayfield with participation from General Catalyst and Abstract Ventures, raising its total funding to $41.5 million. This

Sep 16, 2024
Product News

New Ag Seasonal Platform Manager, H2 Organizer, Launches to Support Farmers and Temporary Farmworkers

H2 Organizer, a new technology platform designed for agricultural staffing solutions, launched with the support of partner organizations like Western Growers, WAFLA, and Scaroni Family of Companies. The platform aims to simplify the managem

Sep 10, 2024
Company News

Paycor’s FY 2024 Results: 19% Revenue Surge Driven by HR Tech Innovation

Paycor announced its financial results for the fourth quarter and fiscal year 2024, showing a 19% increase in total annual revenue, reaching $654.9 million. The company introduced a new Compensation Management solution and expanded its API

Aug 14, 2024
HotNews

National Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued

The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NA

Aug 9, 2024
News

Deel is acquiring Hofy

Fast-growing payroll provider Deel has acquired Hofy , a London-based company specializing in managing office equipment for remote hires. The acquisition, valued at over $100 million, marks Deel's third significant acquisition this year. Th

Jul 18, 2024
Venture Capital

Cadana Secures $7.4 Million to Enable Seamless, Compliant Payroll Services in Emerging Markets for Global Hiring Platforms

Cadana , a pioneering global payroll technology company, has secured $7.4 million in funding to enhance its services in emerging markets. Specializing in seamless and compliant payroll solutions, Cadana's APIs and white-label products are d

Jun 21, 2024
Product News

Borderless AI and Cohere Launch Alberni: The First AI Agent Revolutionizing Global HR

Borderless AI , the pioneering AI-powered HR platform, has partnered with Cohere to revolutionize the HR industry with tailored AI agents. The partnership aims to streamline global HR challenges such as onboarding, payroll, and compliance,

Jun 14, 2024
Earnings

Paycor Announces Third Quarter Fiscal Year 2024 Financial Results

Paycor HCM , Inc., a leader in human capital management software, reported significant growth in its Q3 fiscal year 2024 results. Total revenues reached $187.0 million, a 16% increase year-over-year, with recurring revenue growing to $172.0

May 8, 2024
Company News

New Generation of AI Platforms Set to Revolutionize the $200 Billion HR Technology Market, Says Josh Bersin Company

The Josh Bersin Company has unveiled a significant shift in HR technology with the rise of Enterprise Talent Intelligence systems. These AI-driven platforms, moving beyond mere talent acquisition, now encompass career development, leadershi

May 7, 2024
Product News

HiBob Introduces an Integrated Applicant Tracking System for Strategic Hiring

HiBob  introduces "Bob Hiring," a sophisticated Applicant Tracking System integrated into the wider HR platform, Bob. This new system, launched in New York and London, combines candidate, employee, and business data to facilitate informed d

Apr 16, 2024
Venture Capital

Barcelona-based Factorial secures $80M of Go-To-Market investment from General Catalyst to accelerate growth

Factorial , a Spanish HR platform, has secured an €80 million investment from U.S. VC firm General Catalyst. This investment, described not as a funding round but as a "go-to-market investment," is uniquely structured as contained debt aime

Apr 15, 2024
Venture Capital

Remote Acquires Easop to Help Companies Grant and Manage Equity for Global Talent

Remote, a leader in managing globally distributed workforces, has acquired Easop, a company specializing in compliance solutions for equity management across international borders. This strategic move enhances Remote's capabilities, allowin

Apr 2, 2024
Venture Capital

Seso Closes $26M Series B to Build Critical Software for American Farmers

Seso , an agricultural workforce management platform, announced a $26M Series B funding round led by BOND, with contributions from Index Ventures, NFX, SV Angel, and others, including customer participants. Seso aims to revolutionize farm l

Apr 2, 2024
Venture Capital

Deel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy

Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. De

Feb 28, 2024
Product News

Boost Employee Happiness with AI: BambooHR Unveils Cutting-Edge eNPS Insights

BambooHR introduces an innovative AI-powered feature to its cloud-based HR platform, aiming to revolutionize how companies gauge and improve employee satisfaction. The new AI Topic Summaries for eNPS enable efficient analysis of employee fe

Feb 15, 2024
Venture Capital

HiBob Acquires UK Payroll Automation Platform Pento

HiBob announces its strategic acquisition of Pento, a leading UK-based cloud payroll automation platform, marking a significant step towards enhancing its 'all-in-one' modern human capital management offering. This move, aimed at integratin

Feb 13, 2024
Company News

BambooHR® Expands All-In-One HRIS With New Employee Community and Total Rewards

BambooHR®, a leader in cloud-based human resource solutions, has unveiled two innovative tools: Employee Community and Total Rewards. These offerings aim to revolutionize internal communication and compensation understanding within organiza

Feb 1, 2024
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