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Venture Capital

Frontier Direct Care Announces Initial Closing of its $20 Million Series B Financing

Frontier Direct Care , a Texas-based innovator in employer-sponsored healthcare, has secured $20 million in Series B funding led by Mehshah Capital. This funding will propel the company's mission to transform healthcare by improving accessi

Jan 8, 2025
Venture Capital

RoboForce raises $10M to deploy mobile manipulators

RoboForce, a leading AI Robotics startup, has secured $10M in early-stage funding to revolutionize industrial labor through advanced robotic workforce solutions. Targeting industries like solar, space, and mining, RoboForce's AI-powered "Ro

Jan 7, 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

Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology

Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri

Jan 7, 2025
Venture Capital

Invst Acquires NS Capital, Revolutionizing Retirement Solutions for Businesses

Invst , a leading investment advisory firm, has acquired NS Capital to establish the Invst Unity Pooled Employer Plan (PEP). This strategic move revolutionizes retirement solutions for businesses, addressing challenges like fiduciary liabil

Jan 6, 2025
Venture Capital

Payfare Enters into Definitive Agreement to be Acquired by Fiserv

Payfare Inc., a global leader in Earned Wage Access (EWA) and digital banking for workforces, has entered into a definitive agreement to be acquired by Fiserv, Inc., a leading financial services technology provider. The all-cash deal values

Dec 23, 2024
Venture Capital

Tenor Announces $5.4M Seed Funding to Scale AI for Leadership Development

Tenor , a new player in the HR technology landscape, has emerged from stealth mode with $5.4 million in seed funding led by Base10 Partners. Focused on revolutionizing leadership development, Tenor leverages AI-driven simulations to enhance

Dec 20, 2024
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
Company News

Paychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions

Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi

Dec 19, 2024
Product News

Sense Releases Conversational Voice AI to Transform Candidate Engagement with Automated Phone Calls

Sense has unveiled its groundbreaking Conversational Voice AI , revolutionizing talent engagement by automating phone conversations for sourcing, screening, and scheduling. Integrated with Sense's powerful Recruiting Automation and Messagin

Dec 18, 2024
Venture Capital

AI Leader Grammarly to Acquire Coda, Bring on New CEO

Grammarly , a leader in AI communication tools, announced its acquisition of productivity platform Coda . This move aligns with Grammarly’s vision to evolve into a comprehensive AI productivity platform, integrating Coda's flexible tools an

Dec 17, 2024
Venture Capital

Twill Raises $1.4M to Redefine Tech Hiring Through Expert-Driven Recommendations

Twill , a next-generation talent platform, has secured $1.4M in pre-seed funding led by Bloomberg Beta to revolutionize technical hiring. By utilizing peer recommendations and a community of vetted tech professionals, Twill ensures companie

Dec 17, 2024
Company News

UKG Hires Sarah Hodges as Chief Marketing Officer

UKG , a leader in HR, payroll, and workforce management solutions, has appointed Sarah Hodges as Chief Marketing Officer (CMO), effective January 6, 2025. With over 20 years of marketing expertise from Autodesk and Procore Technologies, Hod

Dec 16, 2024
Product News

Zoho Launches Zoho Payroll, a Comprehensive Solution That Simplifies Payroll Processing and Compliance for Businesses in the United States

Zoho Corporation has launched the US edition of Zoho Payroll, providing an all-in-one solution for simplifying payroll management, automating tax compliance, and connecting HR and financial operations. This release enhances Zoho's robust fi

Dec 12, 2024
Venture Capital

Legion Technologies Secures $50M: AI-Powered Workforce Management on the Rise

Legion Technologies has secured $50 million in financing from Silicon Valley Bank, rounding out a $100 million funding round in 2024 and bringing its total funding to $195 million. Known for its AI-native, employee-centric workforce managem

Dec 12, 2024
Venture Capital

AI-Powered Recruitment Platform Pin Launches Out of Stealth With $3 Million to Cut Hiring Time by 70%

Pin , an innovative AI-powered recruitment platform, emerges from stealth mode with a $3 million seed funding led by Expa Ventures. By automating the most time-consuming hiring tasks, Pin reduces time-to-hire by 70%, offering businesses a f

Dec 12, 2024
Product News

Workday Unveils New Illuminate Capabilities for Peakon Employee Voice to Unlock Deeper and Faster Employee Insights with AI

Workday has introduced groundbreaking AI-driven enhancements to its Peakon Employee Voice platform, enabling managers to better understand and support employees through real-time insights and actionable recommendations. These innovations, s

Dec 11, 2024
Product News

Reejig Releases Workforce Reinvention Blueprint, Proprietary Data Guiding Leaders to Bold and Responsible AI Implementation

Reejig , a global leader in workforce intelligence, has unveiled its Workforce Reinvention Blueprint , a first-of-its-kind analysis providing actionable insights into how AI can reshape industries. Drawing on over 130 million job records an

Dec 10, 2024
Venture Capital

Canada-Based HiringBranch Raises CAD 5M Series A to Disrupt Recruitment with Soft Skills AI

HiringBranch , an AI-driven platform specializing in soft skills assessment, has raised CAD 5 million in Series A funding led by Crédit Mutuel Equity, with contributions from Export Development Canada and Anges Québec. The funding will supp

Dec 10, 2024
Product News

Talroo Launches Apply Intelligence™: Redefining AI-Powered Recruitment

Talroo has unveiled Apply Intelligence™, a groundbreaking suite of free AI-based features aimed at transforming the hiring process for employers and enhancing the job search journey for candidates. Leveraging advanced AI tools like SmartMat

Dec 9, 2024
Product News

Remote Unveils AI-Powered Recruit AI to Tackle Global Hiring Challenges

Remote has unveiled Recruit AI , a groundbreaking AI-driven hiring solution designed to tackle the complexities of global recruitment. With "Matches," an intelligent candidate matching tool, the platform identifies top talent worldwide by a

Dec 9, 2024
Venture Capital

Alliant Insurance Services Acquires Union First, Expanding Its Benefits Solutions for Public Safety Associations

Alliant Insurance Services   has acquired Union First , a firm specializing in benefits consulting and administration for public safety professionals. Joining Alliant’s Employee Benefits Group in the West Region, Union First brings expertis

Dec 9, 2024
Column

ADP National Employment Report: Private Sector Employment Increased by 146,000 Jobs in November; Annual Pay was Up 4.8%

The November ADP National Employment Report reveals a 146,000-job increase in the private sector, with annual pay up by 4.8% year-over-year. This independent report, derived from anonymized payroll data from over 25 million employees, offer

Dec 4, 2024
Venture Capital

Aya Healthcare to Acquire Cross Country Healthcare for Approximately $615 Million in Cash

Aya Healthcare is set to acquire Cross Country Healthcare in a $615 million all-cash transaction, offering a 67% premium per share. This strategic move will integrate Cross Country’s 40-year expertise with Aya’s market-leading technology an

Dec 4, 2024
Venture Capital

CoachHub Secures €40M in Growth Financing from HSBC Innovation Banking UK to Fuel AI Innovation and Product Expansion

CoachHub , a global leader in digital coaching, has secured €40 million in growth financing from HSBC Innovation Banking UK. This funding will drive advancements in artificial intelligence (AI) and product expansion, enabling CoachHub to en

Dec 3, 2024
Venture Capital

HR Path Expands Global Reach with the Acquisition of Pay Human Group, Enhancing Its Market Presence in LATAM

HR Path , a global leader in HR consulting and HRIS solutions, has acquired Pay Human Group, a prominent Mexican company specializing in payroll management and HR consulting. This strategic move strengthens HR Path's market presence in Lati

Dec 3, 2024
Company News

Workday Appoints Liz Centoni to its Board of Directors

Workday, a leader in enterprise solutions for people and financial management, announced the addition of Liz Centoni, EVP and Chief Customer Experience Officer at Cisco, to its Board of Directors. With over two decades of expertise in drivi

Dec 3, 2024
Venture Capital

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
Venture Capital

AdvantageClub.ai raises $4 Million from Axilor Ventures to expand in the US and Asia and add New Product Lines

AdvantageClub.ai , an AI-powered global employee engagement and rewards platform, has secured $4 million in funding led by Axilor Ventures, bringing its total funding to $11 million. The funds will accelerate expansion in the US and Asia, w

Dec 2, 2024
Column

Workday FY2025 Q3: $2.16 Billion Revenue Marks 15.8% Growth, Fueled by Subscription Success and AI Innovation

Workday has reported strong Q3 FY2025 results, with total revenues of $2.16 billion (+15.8% YoY) and subscription revenues of $1.959 billion (+15.8% YoY). Operating income rose to $165 million, and non-GAAP diluted EPS reached $1.89, showca

Nov 26, 2024
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