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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300TriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance
TriNet reported FY2025 revenue of $5.010B (-1% YoY), with average WSEs down 5% to 333,886. Adjusted EBITDA reached $425M (8.5% margin) and Free Cash Flow rose 16% to $234M. FY2026 revenue guidance: $4.75B–$4.90B. Stock repurchase authorizat
Venture CapitalSan Francisco-based Ando Raises $4M Seed to Modernize Hourly Work
San Francisco-based Ando has raised $4 million in seed financing to build what it describes as the world’s first AI infrastructure for the global hourly workforce. The round was led by Slow Ventures, with participation from Blitzscaling Ven
Company NewsHorizons Becomes Remote People, Shifting from EOR to End-to-End Global Employment
Horizons, a global Employer of Record provider, has rebranded as Remote People to reflect its evolution into a full-lifecycle global hiring platform. Headquartered in New York, the company now supports recruitment, compliant employment, con
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 CapitalSan Francisco-based Toptal Acquires Marketing Talent Platform No Single Individual (NSI)
Toptal has acquired No Single Individual (NSI), a talent platform specializing in vetted experts across advertising, marketing, branding, and social media. NSI leadership joins Toptal. The move expands Toptal’s professional services for age
Company NewsWorkday Expands Frontline Workforce Capabilities Across 1,800+ Retail and Hospitality Customers
Workday is accelerating its momentum in the retail and hospitality sectors with new customer wins and a suite of AI-powered innovations designed specifically for frontline workers. More than 1,800 retail and hospitality organizations global
Venture CapitalToptal Acquires Graphite to Expand Global Consulting and Talent Capabilities
Toptal has announced the acquisition of Graphite , strengthening its position as a global leader in talent and consulting services. Graphite brings a curated community of more than 12,000 rigorously vetted independent experts, consultants,
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
Company NewsWorkday Announces Fiscal 2026 Third Quarter Financial Results
Workday delivered another strong quarter in fiscal 2026 Q3, underscoring both the resilience of its core subscription business and the early returns from its AI strategy. Total revenue rose 12.6% year-over-year to $2.432 billion, with subsc
Venture CapitalHelloBoss Secures Series A Funding Backed by Bertelsmann and BAI Capital to Launch Its Next-Gen AI Agent
HelloBoss , one of Asia’s fastest-growing AI-driven recruitment platforms, has secured a new Series A investment led by Bertelsmann—its first-ever strategic bet in Japan—alongside BAI Capital. The funding accelerates HelloBoss’s global expa
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
Venture CapitalColorado’s Boostie Raises $500K Seed Round to Accelerate Its AI-Powered Talent Marketing Platform
Boostie , founded in 2023 by staffing-tech veterans, has raised a USD 500,000 seed round (led by Bullhorn Ventures and other strategic investors) to accelerate its automated talent-marketing platform for staffing agencies and corporate tale
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
Company NewsTriNet Q3 2025 Earnings — Revenue $1.2 Billion with Adjusted EBITDA of $100 Million
TriNet Group, a leading HR solutions provider for small and midsize businesses, reported Q3 2025 revenue of $1.2 billion, down 2% year over year. Net income fell to $34 million ($0.70 per share), while adjusted EBITDA reached $100 million (
Product NewsWorkday Introduces New Custom AI Model Library to Power Smarter, Faster Contract Reviews
Workday has unveiled its new Custom AI Model Library for the Workday Contract Intelligence Agent , powered by Evisort. With over 120 pre-built AI models , this release enhances Workday’s enterprise AI capabilities by enabling automatic cont
Venture CapitalViven Raises $35 Million Seed Round to Launch AI Digital Twins for Enterprises
Viven, founded by Eightfold’s co-founders Ashutosh Garg and Varun Kacholia, has emerged from stealth with $35 million seed funding from Khosla Ventures, Foundation Capital, FPV Ventures, and others. Based in Santa Clara, California, Viven i
Venture CapitalSan Francisco Startup Juicebox Secures $36M Total Funding to Redefine Talent Search
Juicebox , a San Francisco-based startup founded by David Paffenholz and Ishan Gupta, has raised a $30 million Series A led by Sequoia Capital, bringing its total funding to $36 million. The company’s flagship product, PeopleGPT, uses AI to
Venture CapitalRefAssured Raises $3.3M Seed Round to Build “Back of a Baseball Card” for Talent Performance
RefAssured , a San Francisco-based provider of automated reference checking and talent performance insights, has raised a $3.3 million oversubscribed seed round led by Dogwood Ventures with support from HighSage Ventures and strategic inves
Company NewsParafin and Gusto Launch Payroll Bridge: Line of Credit to Help 400K+ SMBs Pay Staff on Time
Parafin and Gusto have partnered to launch Payroll Bridge, a payroll line of credit designed to help small businesses cover payroll during cash flow gaps. Integrated directly into Gusto’s platform, the solution ensures employees are paid on
Company NewsWorkday Q2 FY26 Revenue Rises 12.6% to $2.35B, Raises Full-Year Guidance
Workday reported strong fiscal 2026 Q2 results with total revenue of $2.35 billion, up 12.6% year-over-year, driven by 14% growth in subscription revenue. Operating income more than doubled, while non-GAAP operating margin reached 29%. Net
Product NewsBrainbase Labs Leverages AWS to Launch Kafka Workforce: a Highly-Specialized AI Employee Platform for Enterprise
Brainbase Labs launched Kafka Workforce , an enterprise platform on AWS that lets companies onboard highly-specialized AI employees —in under an hour via natural language. Each AI worker has its own computer, persistent storage, browser, te
Company NewsUKG Appoints Jim Joudrey as Chief Technology Officer
UKG , a global leader in AI-first HR, payroll, and workforce management solutions, has appointed Jim Joudrey as Chief Technology Officer. With over two decades of experience at Amazon, Salesforce, and AWS, Joudrey will lead UKG’s 4,000+ eng
Company NewsUpwork Inc. Introduces Lifted, a Subsidiary Serving Enterprises with Full Suite of Contingent Workforce Solutions
Upwork Inc. has launched Lifted, a wholly owned subsidiary designed to help enterprises manage the full spectrum of contingent workforce needs, including independent contractors, AOR, EOR, staff augmentation, and SOW engagements. Built on r
Company NewsWorkday Confirms Data Breach Linked to Social Engineering Attacks
Workday confirmed a security incident in which attackers accessed a third-party customer relationship database and stole personal contact information (names, emails, phone numbers). Workday says there’s no indication of access to customer t
Venture CapitalDarwinbox Secures US$40M from Teachers’ Venture Growth to Fuel North America Expansion and AI-First HCM Innovation
Darwinbox , a fast-growing AI-powered human capital management (HCM) platform, has secured US$40 million from Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan. The funding will accelerate the company’s North Americ
Company NewsUpwork Reports Second Quarter 2025 Financial Results
Upwork reported strong Q2 2025 financial results, with record revenue of $194.9 million , GAAP net income of $32.7 million , and adjusted EBITDA of $57.1 million , marking a 17% profit margin and a record 29% EBITDA margin. The company rais
Company NewsPaylocity Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results
Q4 2025 Recurring & Other Revenue of $369.9 million, up 14% year-over-year Q4 2025 Total Revenue of $400.7 million, up 12% year-over-year FY 2025 Recurring & Other Revenue of $1,471.8 million, up 15% year-over-year FY 2025 Total Revenue of
Venture CapitalBullhorn acquires TargetRecruit and expands Salesforce ecosystem to 150,000 users
Bullhorn , a global leader in staffing software, has acquired TargetRecruit , a Houston-based Salesforce-native provider of recruitment solutions. This strategic move expands Bullhorn’s reach in healthcare staffing, particularly in the high
Venture CapitalUnmind Announces $35M In New Funding to Transform Workplace Mental Health
Unmind , a global leader in workplace mental health solutions, has raised $35 million in new funding led by TELUS Global Ventures. The investment will accelerate its U.S. expansion and enhance its AI-powered platform, which integrates thera
EarningsTriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
TriNet reported its Q2 2025 earnings, maintaining total revenue at $1.238 billion, essentially flat year-over-year. Despite a 4% decline in average WSEs and an 8% drop in professional services revenue, the company reaffirmed its full-year g
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