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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Paylocity Unveils AI Assistant to Transform HR Efficiency
Paylocity has launched its new AI Assistant, a conversational tool designed to simplify and accelerate HR processes for professionals and employees alike. Integrated into the Paylocity platform, the AI Assistant provides real-time, contextu
Product NewsPerceptyx Launches CWT: Empowering Leaders with Data for Superior Employee Experience
Perceptyx , a leader in employee experience transformation, launched the Center for Workforce Transformation (CWT) on October 15, 2024. CWT is dedicated to improving workplaces through data-driven research and actionable insights. It will f
Venture CapitalADP Acquires WorkForce Software
ADP , a leader in human capital management solutions, has announced its acquisition of WorkForce Software, a company specializing in workforce management for large global enterprises. This strategic move enhances ADP's global workforce mana
Venture CapitalZeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce
Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat
Venture CapitalWorkBuzz Acquisition of Agenda Consulting Signals Next Phase of U.S. Growth Plans
WorkBuzz, a leading employee engagement company focused on deskless and frontline workers, has acquired Agenda Consulting, a consultancy specializing in engagement for global not-for-profit (NFP) organizations. This acquisition supports Wor
Venture CapitalHR Path Acquires IN-RGY, Expanding Global Reach and Strengthening Canadian Market Presence
HR Path, a global HR consulting leader, has acquired IN-RGY, a Canadian HR digital transformation firm. This acquisition strengthens HR Path's presence in the Canadian market and aligns with their global expansion strategy, supported by a r
Venture CapitalGuild Announces Acquisition of Nomadic, a Leading Capability Academy; Introduces Guild Talent Advantage
Guild has announced its acquisition of Nomadic Learning , a capability academy company, to launch Guild Academy, a product that integrates education, skilling, and AI-driven insights into a comprehensive platform. The new Guild Talent Adv
Venture CapitalCareerminds Acquires Progression To Enhance AI-Driven Career Development Solutions
Careerminds , a global provider of outplacement and career development services, has acquired Progression , a UK-based SaaS company specializing in AI-powered career framework solutions. Progression's platform helps organizations build scal
ColumnPaychex, Inc. Reports Solid First Quarter Results
Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th
Venture CapitalOutSolve Expands Compliance Offerings with Strategic Acquisition of Labor Law Center
OutSolve has acquired Labor Law Center, marking its sixteenth strategic expansion. This acquisition strengthens OutSolve’s comprehensive suite of employment compliance services by adding Labor Law Center's expertise in labor law posters and
Venture CapitalPaylocity Announces Completion of Acquisition of Airbase Inc.
Paylocity has successfully completed the acquisition of Airbase Inc., a spend management platform. This acquisition allows Paylocity to integrate Airbase’s finance tools, including bill pay, expense management, and procurement, into its clo
Venture CapitalSHRM has acquired CEO Action for Diversity & Inclusion from PwC, transforming it into CEO Action for Inclusion & Diversity
This acquisition signifies a shift in how CEOs and executives prioritize inclusion and diversity in the workplace. SHRM’s leadership of this initiative empowers CEOs with the tools to make inclusivity a key component of their leadership str
Product NewsZipRecruiter Launches Next Generation of Resume Database for Employers
ZipRecruiter ® has launched a next-generation Resume Database, offering employers an enhanced experience in finding qualified candidates more efficiently. With advanced search and filtering tools, employers can quickly access the most rele
Venture CapitalJet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy
Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy
Venture CapitalWrapbook Secures $20 Million in Funding, Valued at $750 Million: Transforming Production Finance with Innovative Solutions
Wrapbook , a leader in production finance and accounting for the entertainment industry, has secured a $20 million investment from Bessemer Venture Partners, bringing its valuation to $750 million. This investment goes beyond financial grow
Product NewsServiceNow Releases New HR Innovations, Empowering Leaders to Fuel Employee and Business Growth
ServiceNow announced its latest HR innovations at the HR Technology Conference, aimed at enhancing employee communications and engagement. The new capabilities include improvements in Talent Development and Employee Journey Management, givi
Product NewsPrimePay Introduces New People Analytics to Drive Business Outcomes
PrimePay has launched PrimePay Analytics, a groundbreaking people analytics platform designed to help businesses drive growth, retention, and profitability by leveraging workforce, performance, and financial data. The platform aims to close
Venture CapitalParis-Based Jump Raises €11M Series A to Provide Freelancers with Full-Time Benefits
Paris-based Jump has raised €11 million in a Series A funding round led by Breega, with Index Ventures and RAISE Seed For Good also participating. Jump provides freelancers with the benefits of full-time employment, including social protect
Product NewsEightfold AI Launches Talent Design: Transforming HR with Gen AI
Eightfold AI has introduced Eightfold Talent Design , an AI-powered solution aimed at transforming how organizations manage and develop their workforce's skills. With the rapid evolution of job roles and emerging critical skills, traditiona
Venture CapitalArya Health Secures $4M to Lead AI-Powered Workforce Automation in Healthcare
Arya Health , a healthcare workforce automation platform, announced the closing of a $4 million seed funding round led by Twelve Below. This funding will help Arya Health expand its AI-driven workforce management tools, which include automa
Company NewsUKG Ready Simplifies Pay, Culture, and People Operations with Enhancements to All-in-One Suite
UKG has expanded its UKG Ready HR Suite with modified versions of three popular applications: UKG Bryte, UKG Great Place To Work Hub, and UKG One View. These tools, previously available only to large enterprises, are now tailored for small
Venture CapitalEmpower Acquires OptionTrax to Deliver Integrated Equity Compensation Solutions
Empower , a leading retirement and wealth management provider, has acquired Plan Management Corporation (PMC), the company behind OptionTrax ® , a comprehensive digital equity compensation platform. This acquisition will enhance Empower’s s
Product NewsKula Unveils the First AI-Powered All-In-One Hiring Platform for Recruiters
Kula has launched a comprehensive AI-powered platform to transform the hiring process, offering solutions from sourcing and applicant tracking to interview scheduling and analytics. The platform integrates advanced AI features, making the r
Venture CapitalVahan.ai Secures $10M in Series B Funding to Expand AI-Driven Blue-Collar Recruitment Across India
Vahan.ai, an AI-driven recruitment platform focused on India’s gig workforce, has raised $10 million in a Series B funding round led by Khosla Ventures. Key participants include Y Combinator and Paytm's Vijay Shekhar Sharma. The funding wil
Venture CapitalSan Francisco-based Mercor Secures $30M Series A to Transform Global Recruitment with AI
Mercor , an AI-driven hiring platform, raised $30 million in Series A funding at a $250 million valuation. The round was led by Benchmark's Victor Lazarte and Bill Gurley, with participation from notable investors like Peter Thiel, Jack Dor
Company NewsFormer 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,
Product NewsPaychex 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
Product NewsCentrical Launches Team Performance Central & AI Assistant, Saving Team Leaders More Than 4 Hours Per Week While Elevating Frontline Performance
Solution provides a unified view of team performance, and a breakthrough AI-powered manager assist tool Summary: Centrical Launches New Team Performance Central and AI Assistant : Introducing a groundbreaking solution to provide frontline t
Product NewsRandstad Debuts New App, Revolutionizing Connection Between Employers and Talent
Randstad, the world’s largest talent partner, has launched a new app designed to transform the connection between employers and job seekers. This AI-driven, two-sided marketplace gives job seekers unprecedented control over their employment
Product NewsWorkday Announces Workday Wellness, A New AI-Powered Solution to Help Companies Deliver More Personalized Health Benefits
Workday has launched Workday Wellness, an AI-powered solution designed to help companies deliver personalized health benefits based on employee preferences. Through a real-time data exchange with wellness partners, companies can easily acce
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