Search results for “small businesses”

TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech

TriNet (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D , to Arvo Tech , a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions

Mar 6, 2025

Fiverr Reports 13% Q4 Revenue Growth, Unveils AI and Freelancer Equity Initiatives

Fiverr delivered an exceptional 2024 performance, closing the year with double-digit revenue growth and a 20% Adjusted EBITDA margin in Q4. Despite a decline in marketplace revenue and active buyers, the company saw significant gains in ser

Feb 19, 2025

Workwell Group Expands North American Presence with Acquisition of Eastridge Workforce Management

Workwell Group , a global leader in Human Capital Management (HCM) and Employer of Record (EOR) services, has acquired Eastridge Workforce Management (EWM) from Eastridge Workforce Solutions. This strategic acquisition strengthens Workwell’

Feb 4, 2025

StretchDollar Secures $6M to Redefine Health Benefits for SMBs with ICHRA Innovation

StretchDollar , a startup revolutionizing small business health benefits, has secured $6M in seed funding led by Fika Ventures and Oscar Health. The platform simplifies complex healthcare management through an innovative Individual Coverage

Dec 3, 2024

Paychex Introduces HR Analytics Premium Plus Solution with Built-in GenAI Capabilities

Paychex has launched HR Analytics Premium Plus, an advanced solution integrating generative AI insights to empower SMBs with enterprise-level workforce analytics. This enhanced offering within the Paychex Flex platform combines benchmarking

Nov 21, 2024

Fiverr Q3 2024: Revenue Hits $99.6 Million, Exceeds Expectations

Fiverr International Ltd. announced robust financial results for Q3 2024, highlighting a revenue increase to $99.6 million and a notable rise in adjusted EBITDA. The company outperformed expectations amidst a challenging macro environment,

Oct 30, 2024

TriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges

TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he

Oct 25, 2024

Tide Expands SME Services with Acquisition of Onfolk Payroll Solution

Tide , a UK-based business financial platform, has acquired Onfolk , an HMRC-recognized payroll solution for SMEs, announced on October 18, 2024. Onfolk specializes in integrating accounting, pensions, and people systems, making payroll man

Oct 22, 2024

Former Board Member Chip Pearson Steps into CEO Role at When I Work

Chip Pearson has been appointed as the new CEO of When I Work , a leading provider of workforce management software trusted by over 200,000 workplaces worldwide. With over 20 years of experience, Pearson's leadership includes roles at JAMF,

Sep 19, 2024

Paychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent

Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quick

Sep 18, 2024

finally raises $200M Series B with $50M equity and $150M credit facility

finally , an AI-driven, all-in-one finance and HR suite for small and medium businesses (SMBs), has raised $200 million in Series B funding, consisting of $50 million in equity from PeakSpan Capital and a $150 million credit facility from E

Sep 9, 2024

Series A Success: Thatch Secures $38M to Reinvent Health Benefits for All

Thatch , a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand

Sep 5, 2024

BerniePortal Introduces New Recruiting Feature to Empower Small Businesses in the War for Talent

BerniePortal has introduced a new Recruiting feature tailored for small businesses, designed to enhance their competitive edge in attracting top talent. This feature includes API integrations with major job boards like Indeed and ZipRecru

Aug 30, 2024

Fiverr Announces Second Quarter 2024 Results

Fiverr International Ltd. reported solid Q2 2024 financial results, showcasing resilience amid macroeconomic volatility. Key achievements include revenue exceeding guidance midpoints, strong Adjusted EBITDA, and robust free cash flow. Fiver

Jul 31, 2024

LightBay Capital Makes Strategic Investment in Questco, a National Leader in Outsourced HR Services

LightBay Capital has made a strategic investment in Questco, a leading professional employer organization (PEO) specializing in outsourced HR services. This partnership aims to support Questco’s growth through direct sales efforts, acquisit

Jul 31, 2024

Fiverr Deepens eCommerce Solutions with Acquisition of Leading Dropshipping Automation Tool AutoDS

Fiverr has announced its acquisition of AutoDS, a subscription-based platform providing comprehensive solutions for dropshippers, including product research, inventory management, and automated fulfillment. AutoDS serves tens of thousands o

Jul 31, 2024

Fiverr Shows Its Transformation From a Services Marketplace to a Hiring Platform With Its 2024 Summer Product Release

Fiverr is expanding its platform from a services marketplace to a comprehensive hiring solution with its new summer product release. This includes deeper AI integration with Fiverr Neo, a new professions catalog, hourly rate options, and sa

Jul 23, 2024

PrimePay has unveiled HCM Essentials, an all-in-one HCM platform designed specifically for small businesses

PrimePay has unveiled HCM Essentials, an all-in-one human capital management (HCM) platform designed specifically for small businesses. Combining design, function, and affordability, this platform aims to streamline payroll, time, and HR co

Jun 20, 2024

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Fast-Growing 250-Employee Business Decreases Payroll Processes up to 75% with UKG Ready

UKG, a leader in HR and payroll solutions, has enabled Purple Wave Auction to streamline operations and enhance employee experience using the UKG Ready suite. The rapidly growing online equipment auction marketplace, with 250 employees, has

May 21, 2024

PEO Industry to Gather in Washington to Celebrate National PEO Week May 19-25

ALEXANDRIA, Va. , May 17, 2024 -- Hundreds of owners, executives and employees of professional employer organizations (PEOs) around the country will be gathering in Washington, DC next week to celebrate National PEO Week, which recogniz

May 17, 2024

Fiverr Announces $100M Buyback as Q1 Earnings Beat Expectations

Fiverr International Ltd. reported strong Q1 2024 results, with revenue reaching $93.5 million, a 6.3% increase year-over-year, driven by strategic expansion into complex services and SPB growth of 8%. Despite a challenging hiring environme

May 9, 2024

Industry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams

Homebase , a leader in HR and team management applications for small businesses, announced a $60M Series D funding led by L Catterton Growth with support from Emerson Collective and others. This funding will boost R&D to expand its product

Apr 3, 2024

Employ Inc. Ushers in Next Growth Phase with Technology Veteran Steve Cox as CEO

Employ Inc., a comprehensive talent acquisition technology provider and the umbrella company for JazzHR, Lever, Jobvite, and NXTThing RPO, has appointed Steve Cox as its new CEO starting April 1, 2024. With over 25 years of leadership in bu

Apr 1, 2024

ZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures

ZayZoon , a leader in Earned Wage Access (EWA) for SMBs, announced a $15 million raise in its Series B extension, reaching a total of $49.5 million, led by Viola Fintech and Intuit Ventures, alongside Framework Venture Partners and EDC. Thi

Mar 26, 2024

Fingercheck Launches PaisleyHR, Its New PEO Product to Help Small Businesses Grow With Confidence

A recent NAPEO report revealed that 81% of SMBs without a PEO solution express newfound interest. The data underscores the significant impact PEOs have on small- to medium-sized businesses today. Fingercheck's venture into PEO services furt

Mar 14, 2024

Coverdash – Leading Embedded Business Insurance Agency for Startups and SMBs – Announces $13.5M in Series A Funding

Coverdash, a leading embedded insurtech for startups and SMBs, announced a $13.5M Series A funding, raising total capital to $16M. The funding, led by Nyca Partners, will enhance its embedded partner network and insurance offerings. Coverda

Feb 28, 2024

Fiverr Announces Fourth Quarter and Full Year 2023 Results

Fiverr International Ltd. reported robust financial performance for 2023, exceeding its set targets for revenue and Adjusted EBITDA. The company's strategic focus on AI integration and expanding its complex service offerings significantly c

Feb 22, 2024

TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO

TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful

Feb 15, 2024