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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Paraform Raises $40 Million Series B to Scale Its AI-Powered Hiring Platform, Bringing Total Funding to $65 Million
Paraform announced its Series B, bringing total funding to $65M. The round was led by Scale Venture Partners, with participation from Felicis, A* Capital, and Liquid 2 Ventures. Axios reported the Series B itself was $40M. Paraform says it
Venture CapitaleTip Acquires Shiny Solutions to Expand Its End-to-End Workforce Engagement Platform for Hospitality and Service Industry
eTip has acquired Shiny Solutions to expand beyond digital tipping into a broader workforce engagement platform for hospitality and service operators. The combined offering adds recruitment, scheduling, recognition, and AI insights as labor
Company NewsUKG Showcases a New AI Workforce Orchestration Platform at UNLEASH America and TRANSFORM
UKG is showcasing its Workforce Operating Platform at UNLEASH America 2026 and TRANSFORM 2026, positioning AI as a real-time system of action for HR, payroll, and workforce management. UKG says 80,000+ organizations in 150 countries use its
Venture CapitalEl Segundo-Based NEOGOV Buys PowerDetails to Unite On-Duty and Off-Duty Scheduling
NEOGOV has acquired PowerDetails , expanding its public safety workforce platform to cover both on-duty and off-duty scheduling. PowerDetails serves 99,000+ users and has scheduled 7.5M+ off-duty and overtime jobs, strengthening NEOGOV’s un
Venture CapitalChicago-based Yourco Raises $6M Series A and Launches AI-Powered Frontline Intelligence Platform
Chicago-based workforce communication platform Yourco has launched Frontline Intelligence , an AI-powered capability designed to transform everyday frontline employee communication into real-time operational insights. Built on the company’
Product NewsADP Builds Responsible AI HR Platform Across Payroll, Talent and Workforce Operations
ADP announced the launch of a dedicated AI agents destination within ADP Marketplace, the world’s largest digital HR storefront. The initiative introduces curated partner AI agents that integrate directly with ADP systems to orchestrate wor
Venture CapitalAtlanta-Based AI Leadership Platform Huper Raises $1.5M Pre-Seed
Atlanta-based Huper has raised $1.5M in pre-seed funding from Nadia Partners, Link Ventures, and Jim Brown (Long Ridge Equity Partners) to build a security-first AI Chief of Staff. The platform launches alpha April 15 and aims to reduce the
Venture CapitalSan Francisco-based Deskless AI Platform Humand Raises $66M Series A
Humand, USD 66M, Series A, non-desk workers, HR platform, United States market, Sammy, AI HR assistant, mobile-first, all-in-one app, 1.6 million employees, 1,500 companies, 50 countries, Siemens, PSBank, Viva Aerobus, workforce management,
Venture CapitalPhiladelphia-based Phenom Acquires Be Applied to Scale Skills-First Hiring with Cognitive AI
Phenom acquires Be Applied to embed adaptive cognitive assessments into its AI hiring platform. Enterprises can now validate skills at scale, reduce mis-hires (costing 30%+ of salary), and support skills-first hiring as 63% of employers cit
Company NewsPaylocity Announces Second Quarter Fiscal Year 2026 Financial Results
Paylocity Holding Corporation (Nasdaq: PCTY) reported second quarter fiscal year 2026 results (quarter ended December 31, 2025), highlighting double-digit revenue growth and expanding profitability. Recurring & other revenue reached $387.0
Venture CapitalPrinciple Raises $2M to Bring Pentagon Wargaming to Corporate Boardroom Strategy Planning
San Francisco–based Principle has raised $2 million in pre-seed funding to commercialize military-grade wargaming techniques for corporate strategy teams. The Strategic Foresight AI platform builds digital twins of companies, competitors, r
Venture CapitalSwitzerland & US AI Learning Startup Scholé AI Raises $3M Seed Funding to Close Enterprise AI Skills Gap
Scholé AI raised $3M led by ACE Ventures to scale its AI-native learning platform. Founded by EPFL researchers, it delivers personalized, role-based training embedded in daily workflows. Partners include Harvard, Bank of America, NASA, Micr
Product NewsADP Launches ADP Assist AI Agents Powered by 1.1M Clients and 42M Workers Globally
ADP launches new ADP Assist AI agents to automate payroll and HR tasks. Built on data from 1.1M clients across 140+ countries and 42M wage earners, the agents audit payroll variances, guide tax registration, answer policy questions and trig
Venture CapitalMultiverse to deliver AI skills to 100,000 German workers through acquisition of StackFuel
Multiverse has acquired Berlin-based StackFuel to train 100,000 German workers in AI skills. StackFuel serves Mercedes Benz, IAV & Telefónica and reports a 92% completion rate. The deal expands Europe’s only EdTech unicorn deeper into Germa
Venture CapitalSource One Staffing Acquires TempsNow to Expand Midwest Industrial Staffing Presence
Source One Staffing , announced the acquisition of TempsNow , a regional staffing firm serving Illinois, Wisconsin, and Ohio, further expanding its Midwest footprint and strengthening its industrial staffing capabilities. The transaction, a
Company NewsNew Workday Research: Companies Are Leaving AI Gains on the Table
Workday released new global research revealing a critical gap between AI-driven productivity gains and real business value creation. While 85% of employees report saving one to seven hours per week using AI, nearly 40% of that time is lost
Venture CapitalPhenom Acquires Included to Expand Agentic People Analytics and Workforce Intelligence
Phenom , an applied AI company focused on hiring, development, and retention, has acquired Included , an AI-native agentic people analytics platform designed to surface actionable workforce insights. The acquisition strengthens Phenom’s Wor
Company NewsPaychex Delivers 18% Revenue Growth in FY2026 Q2, Accelerated by Paycor Acquisition and AI Innovation
Paychex reported strong second-quarter results for fiscal year 2026, delivering 18% year-over-year revenue growth and continued progress toward its long-term strategy of building a comprehensive, AI-enabled human capital management platform
Venture CapitalUKG Agrees to Acquire Inova Payroll to Expand Service-Led HCM for SMBs
UKG has agreed to acquire Inova Payroll, a Nashville-based HCM and payroll provider serving 4,000+ SMBs. Inova is the largest reseller of the UKG Ready® suite nationwide. The deal is expected to close in early 2026, subject to conditions. U
Product NewsPaychex Launches AI Innovation Suite to Transform Workforce Management
Paychex announced a major expansion of its AI-driven capabilities, marking a transformative shift in how organizations manage their workforce. Leveraging one of the industry’s richest datasets, the company is accelerating its evolution from
Venture CapitalTutor Intelligence Raises $34M Series A to Accelerate Real-World Robot Deployment
Tutor Intelligence has raised a $34M Series A to accelerate its vision of deploying low-cost, drop-in robots powered by fleet-scale learning. The company is demonstrating that real-world automation can expand rapidly when robots continuousl
Company NewsNew Josh Bersin Company Data Spotlight: CHROs Now Face Complex and Difficult Realities
New data from The Josh Bersin Company shows CHROs are facing rising pressures as AI reshapes work. CHRO tenure has dropped from 6 to 4.8 years, 70% are in their first-ever CHRO role, and only 12% rank among top-five earners. With CEOs deman
Company NewsHR in 2026 will be Defined by the Impact of AI Innovation on Work
The 2026 HR landscape is being shaped by three converging forces: rapid AI adoption, rising expectations for employee well-being, and a complex regulatory environment across states and countries. This report highlights how organizations are
Venture CapitalZoom Acquires BrightHire, Bringing AI-Powered Interview Intelligence to Zoom Workplace
Zoom has acquired BrightHire , adding AI-powered interview intelligence to Zoom Workplace. The deal brings interview planning, automated notes, real-time coaching, and analytics directly into Zoom, enhancing millions of hiring conversations
Product NewsWorkWhile Unveils WorkWhile Pulse: Real-Time Labor Management for Unprecedented Insights
WorkWhile has launched WorkWhile Pulse , a real-time labor management command center that provides businesses with a live, unified view of their workforce operations. Designed to reduce the $185 billion inefficiency caused by traditional pe
Company NewsPaylocity Announces First Quarter Fiscal Year 2026 Financial Results
Paylocity reported a solid start to FY2026 with total revenue of $408.2M (+12% YoY) and recurring & other revenue of $378.9M (+14% YoY). Profitability remained strong, highlighted by adjusted EBITDA of $146.4M (35.9% margin) and GAAP net in
Company NewsCoachHub Launches AI Coach AIMY™ 2.0 in Next Major Leap for AI-Powered Coaching at Scale
CoachHub ’s AIMY™ 2.0 introduces dynamic self-assessments, extensive role-play simulations and smart nudges integrated into Microsoft Teams/email workflows — a major leap in AI-enabled coaching. With hybrid human+AI coach models now embrace
Company NewsWorkday completes acquisition of AI knowledge platform Sana for US$1.1 billion
Workday is acquiring Sana for US$1.1 billion , bringing Sana’s AI-native learning and agent platform into Workday’s portfolio of over 11,000 global customers. The move adds no-code agent building, knowledge tools and automated workflows to
Company NewsUpwork Reports Third Quarter 2025 Financial Results
Upwork posted record Q3 2025 results with revenue of $201.7M (+4% YoY), GAAP net income of $29.3M (+6% YoY), and an all-time-high adjusted EBITDA of $59.6M (30% margin). AI work on the marketplace accelerated—AI-related GSV rose 53% YoY whi
Venture CapitalWellable Acquires Wellness Break Platform Bright Breaks
Wellable, a leading employee wellness and recognition platform, has acquired Bright Breaks, the workplace micro-break innovator known for its science-based approach to reducing burnout and enhancing productivity. The integration brings toge
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