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Venture Capital

San Francisco’s Ashby Lands $50M Series D to Advance Enterprise Recruiting Innovation

Ashby, a San Francisco-based intelligent hiring platform, has secured a $50 million Series D round led by Alkeon Capital, doubling its valuation since the Series C. The funding follows significant growth—customer count rose from 1,300 to 2,

Jul 22, 2025
Venture Capital

BetterComp Secures $33M Series A to Expand into New Markets & Advance AI in Compensation Practices

BetterComp , a compensation management software provider based in Walnut Creek, California, has secured $33 million in Series A funding led by Ten Coves Capital. This marks the company’s first institutional funding after years of bootstrapp

Jul 22, 2025
Company News

Papaya Global and Worksome Partner to Transform the $2 Trillion Contingent Workforce Market for Enterprise Clients

Papaya Global and Worksome have formed a strategic partnership to transform how enterprises manage and pay their contingent workforce. As freelancers and contractors now make up 40% of the global labor market, this integration combines Papa

Jul 9, 2025
Venture Capital

zvoove Acquires mywage to Expand into UK with AI-Powered Payroll Platform

zvoove , a European leader in cloud solutions for the staffing and service industries, has announced its acquisition of mywage , a UK-based HR and payroll SaaS provider. This strategic move expands zvoove's presence into the UK — the third-

Jul 1, 2025
News

CoAdvantage and PrimePay Merge to Create a Comprehensive HCM Powerhouse

CoAdvantage, a leading Professional Employer Organization (PEO), has successfully merged with PrimePay, a well-established payroll and HR software provider. Backed by private equity firm Aquiline, the combined entity aims to offer a more co

Jun 30, 2025
Venture Capital

AI-Native Platform Niural Secures $31M to Automate Payroll and Global Ops

Niural, an AI-native global PEO platform, has raised $31 million in Series A funding to reinvent financial operations for modern CFOs. By combining proprietary infrastructure with executional AI agent EMMA, Niural transforms traditional pay

Jun 26, 2025
Venture Capital

New York-Based Warp Raises $18M Series A to Build AI-Driven Payroll and Compliance Platform for Startups

Warp , a New York-based HR and payroll automation startup, announced it has raised $18 million in Series A funding , bringing its total funding to $24 million . The round was led by Sound Ventures , with participation from Y Combinator , HO

Jun 18, 2025
Company News

Workday Achieves Top AI Certifications, Reinforcing Commitment to Responsible AI

Workday has achieved two significant AI certifications: ISO 42001 and alignment with the NIST AI Risk Management Framework. These accreditations demonstrate Workday’s commitment to responsible and ethical AI practices, offering customers gr

Jun 12, 2025
Product News

Workday Unveils Next Generation of Illuminate Agents to Transform HR and Finance Operations

Workday introduces new Illuminate Agents, a suite of advanced AI tools designed to revolutionize HR and financial operations. These agents automate key processes including contingent hiring, contract negotiations, accounting documentation,

May 19, 2025
Company News

Outdated HR Systems Cost Government $1 Billion Annually, New Workday Report Shows

PLEASANTON, Calif. ,  May 12, 2025 -- A new report from Workday, Inc .  (NASDAQ:  WDAY ), the AI platform for managing  peopl e ,  money , and  agents , reveals that outdated federal human resources systems are costing taxpayers nearly  $1

May 12, 2025
Column

ServiceNow and UKG collaborate to supercharge employee productivity and efficiency with agentic AI

At Knowledge 2025, ServiceNow and UKG unveiled a groundbreaking partnership to integrate their AI platforms—ServiceNow's newly launched AI Agent Fabric and UKG's People Fabric—to transform HR, payroll, and workforce management. This strateg

May 6, 2025
Company News

Papaya Global Announces CFO, CPO, and Key Executive Appointments to Drive Innovation and Expansion

Papaya Global , a leading workforce payroll and payments platform, has announced significant leadership changes to bolster its global expansion. Erez Simha joins as CFO, bringing vast IPO and M&A expertise, while Amit Levi is promoted to CP

Apr 24, 2025
Venture Capital

Intuit to Acquire HR Platform GoCo to Build End-to-End HR Suite for SMBs

Intuit has announced its agreement to acquire GoCo, an HR and benefits platform focused on small and mid-market businesses. This strategic acquisition aims to transform Intuit’s Payroll into a full Human Capital Management (HCM) solution by

Apr 23, 2025
Venture Capital

Tapcheck Secures $225M to Scale On-Demand Pay Platform Across U.S. Workforce

PLANO, Texas- Tapcheck , a leading on-demand pay provider, today announced it has raised $225 million in combined equity and debt financing. This latest funding includes a $25 million Series A extension round led by existing investor,  Peak

Apr 14, 2025
Venture Capital

HireRight Acquires ClearChecks to Expand SMB Screening Services with Next-Gen Technology

HireRight has announced the acquisition of ClearChecks , a background screening company focused on small-to-medium-sized businesses (SMBs). This move aims to enhance HireRight's self-service platform, backgroundchecks.com, by integrating Cl

Apr 11, 2025
Venture Capital

New York’s Jolly Raises $16.5M Series A to Scale AI-Driven Workforce Motivation System

Jolly , a New York-based workforce optimization platform, has secured $16.5 million in Series A funding led by former Tesla CFO Zach Kirkhorn, who also joins the board. The platform enables frontline workers to "Earn Points at Work™" by rew

Mar 26, 2025
Venture Capital

Palo Alto-Based Lumber Raises $15.5M Series A to Transform AI-Powered Construction Workforce Management

Lumber , an AI-powered workforce management platform for the construction industry, has secured a $15.5 million Series A funding led by Foundation Capital , with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and F

Mar 25, 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

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
Venture Capital

CoAdvantage & PrimePay Merge to Elevate HR Tech for SMBs

Aquiline Capital Partners has announced the merger of its portfolio companies, CoAdvantage and PrimePay , to enhance human capital management (HCM) services for small- and mid-sized businesses. This strategic combination aims to offer a mor

Mar 5, 2025
Venture Capital

Helios Raises $15.5M to Transform Global Payroll & Workforce Management with AI

Helios , an AI-powered workforce management platform, has secured $15.5 million in seed funding to enhance how global companies hire, manage, and pay their teams compliantly. Founded by HR tech innovator Rick Hammell, Helios integrates payr

Mar 4, 2025
Venture Capital

Paychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends

Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to c

Feb 27, 2025
Company News

Nationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG

Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By ado

Feb 5, 2025
Venture Capital

ADP acquires Procesamiento Externo de Información, S.C. (PEI) in Mexico

ADP (Nasdaq: ADP) has acquired Procesamiento Externo de Información, S.C. ( PEI ), a Mexico-based payroll solutions provider. This acquisition strengthens ADP’s global presence in Latin America by integrating PEI’s domestic expertise with A

Jan 31, 2025
Column

For Ninth Time, UKG Ranked #1 in North American Midmarket Use Case in the Gartner Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises Report

UKG has been ranked highest for the ninth consecutive year in the 2024 Gartner® Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises in the North American Midmarket Use Case. Their AI-driven UKG Pro HCM suite empowers

Jan 28, 2025
Product News

Paylocity Launches New Recruiting Features to Transform High-Volume Hiring

Paylocity has announced new features in its Recruiting platform to address the challenges of high-volume hiring, particularly in industries like retail and hospitality. These enhancements include streamlined recruiter scheduling, candidate

Jan 23, 2025
Product News

WorkJam Launches Shift Bidding to Simplify Scheduling and Ensure Compliance in Complex Frontline Work Environments

WorkJam introduces Shift Bidding, a new feature designed to simplify scheduling in complex environments like unionized workplaces. This innovative tool ensures compliance with union rules and regulations while empowering employees to rank s

Jan 9, 2025
Product News

TriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses

TriNet, a leader in HR solutions for small and medium-size businesses (SMBs), has launched its enhanced HR Plus offering, an Administrative Services Organization (ASO) solution. Designed to simplify HR, payroll, and benefits management, the

Jan 8, 2025
Venture Capital

OnPay Secures $100M+ in Funding to Transform SMB Payroll and HR Solutions

OnPay , a leading provider of payroll, HR, and benefits solutions for small and mid-sized businesses (SMBs), has raised over $100 million in funding. This includes a $63 million Series B round led by Carrick Capital Partners and a debt faci

Jan 7, 2025
Venture Capital

Deel Acquires Assemble: A New Era in Global Compensation Management

Deel’s acquisition of Assemble marks a significant advancement in global workforce management. By integrating Assemble’s robust compensation management tools into Deel’s platform, businesses can now access a seamless, data-driven solution f

Dec 19, 2024
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