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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday completes acquisition of AI knowledge platform Sana for US$1.1 billion
Workday is acquiring Sana for US$1.1 billion , bringing Sana’s AI-native learning and agent platform into Workday’s portfolio of over 11,000 global customers. The move adds no-code agent building, knowledge tools and automated workflows to
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 (
Venture CapitalADP Acquires Pequity
ADP has acquired Pequity, a 2019-founded compensation management platform, in a move to enhance its global HR and payroll capabilities. Pequity’s AI-powered tools combine spreadsheet familiarity with enterprise-grade automation, offering bu
Venture CapitalArya Health Secures $18.2M Series A to Power the Next Generation of AI Agents for Post-Acute Care Administration
Arya Health , a New York-based company, has secured a US $18.2 million Series A round to address the administrative burdens facing the post-acute care sector, which includes home health, hospice, and long-term care facilities. With regulati
Venture CapitalMagic Raises $10 M Seed to Power AI-Driven Personalisation in Hospitality
Magic , a New York-based startup, has emerged from stealth with its flagship product, Loyalist , an AI-powered CRM platform aimed at the hospitality industry. The company has raised a $10 million seed round led by Lerer Hippeau and other pa
Venture CapitalDeel Raises $300M Series E, Valued at $17.3B, Eyes Expansion into 100+ Countries
In October 2025, Deel secured a landmark $300 million Series E funding , led by Ribbit Capital alongside existing backers such as Andreessen Horowitz and Coatue, lifting its valuation to $17.3 billion . This round comes amid a period of str
Product NewsHireClix Unveils Recruiter Hub to Personalize the Hiring Journey and Strengthen Candidate Relationships
HireClix has launched Recruiter Hub , a new platform that transforms how recruiters engage with candidates by creating personalized landing pages synchronized with an organization’s ATS. This innovation allows every recruiter to showcase cu
Venture Capitalzvoove Acquires adata Software to Build Germany’s First Fully Integrated Cloud ERP for Facility Management
zvoove, the leading software and AI provider for staffing, security, and cleaning industries, has acquired adata Software GmbH to strengthen its presence in Germany and expand its cloud ERP offering for the facility management sector. The a
Product NewsTrackforce Launches ReportPro AI to Elevate Security Incident Reporting with Real-Time AI Assistance
Trackforce has launched ReportPro AI, a groundbreaking enhancement to its TrackTik platform, aimed at transforming incident reporting for security teams. The solution leverages real-time AI to improve reporting accuracy, generate instant ex
Company NewsADP Nominates Karen S. Lynch and Robert H. Swan to Board of Directors
ADP has nominated Karen S. Lynch, former CEO of CVS Health, and Robert H. Swan, former CEO and CFO of Intel, to its Board of Directors ahead of the November 12, 2025, Annual Meeting of Stockholders. With decades of leadership experience acr
Venture CapitalSpencer Stuart Deepens its Coaching Capabilities with Meyler Campbell Acquisition
Spencer Stuart has acquired UK-based Meyler Campbell, a renowned executive coach training and leadership development provider with a strong presence across EMEA. The move strengthens Spencer Stuart’s leadership advisory capabilities by inte
Venture CapitalEmployee Navigator Acquires Velocity’s AI Plan Builder; Debuts In-House AI Plan Build Beta for Open Enrollment
Employee Navigator announced the acquisition of Velocity Benefits’ AI-powered plan building software and unveiled two major AI initiatives ahead of open enrollment. The Velocity tool will be integrated and listed in the Employee Navigator M
Product NewsDraup Launches Etter.ai to Redefine Workforce Planning with Agentic AI
Draup has launched Etter.ai , an agentic AI platform designed to help enterprises transform their workforce strategies. Built on Draup’s extensive global labor and market data, Etter decomposes job roles into individual tasks, classifying t
NewsAppspace Acquires Igloo Software, Adds 325+ Customers to Strengthen Global Intranet Leadership
Appspace has officially signed an agreement to acquire Igloo Software, a modern intranet provider. With this acquisition, Appspace adds more than 325 new customers including Fortune 500 companies across sectors such as healthcare, retail, m
Company NewsNew Workday Global Research: Stalled Career Growth Is Driving Top Talent to Quit
Workday’s latest Global Workforce Report reveals a silent but accelerating crisis inside organizations: stalled career growth, rising attrition of top performers, and unclear AI strategies are pushing talent out the door. Promotions are dow
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
Venture CapitalWorkday to Acquire Paradox, Expanding AI-Powered Hiring Suite for Frontline and Back Office Workers
Workday has signed a definitive agreement to acquire Paradox, the AI-driven candidate experience platform known for its conversational recruiting assistant Olivia. With Paradox, Workday aims to deliver a fully AI-powered talent acquisition
Venture CapitalDayforce Enters into US$12.3 Billion Definitive Agreement with Thoma Bravo to Become a Private Company
Dayforce , a global leader in human capital management (HCM) technology, has announced a definitive agreement to be acquired by Thoma Bravo in an all-cash deal valued at US$12.3 billion. Under the agreement, Dayforce shareholders will recei
Product NewsZipRecruiter Brings Breakroom to U.S., Delivering 1M+ Real Workplace Ratings for Frontline Jobs
ZipRecruiter has launched Breakroom in the U.S., a workplace rating platform designed for frontline industries such as retail, hospitality, and logistics. With over one million employee ratings, Breakroom offers role- and location-specific
Company NewsNew Workday Global Research: AI Agents Are Here—But Don't Call Them Boss
Workday’s latest global research, AI Agents Are Here—But Don’t Call Them Boss , reveals that while 75% of employees are ready to collaborate with AI agents, only 30% are comfortable being managed by them. The survey of nearly 3,000 professi
Company NewsZipRecruiter Q2 2025 Revenue Hits $112.2M, Signals Possible Q4 YoY Growth
ZipRecruiter reported Q2 2025 revenue of $112.2 million, with a net loss of $9.5 million (−8% margin) and Adjusted EBITDA of $9.3 million (8% margin). Despite a still-soft labor market, sequential growth in Paid Employers since Q4 2024 and
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 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
Company NewsFiverr Q2 2025 Earnings: $108.6M Revenue Driven by AI & Managed Services
Fiverr reported solid second-quarter 2025 results, with total revenue reaching $108.6 million, up 14.8% year-over-year. The growth was driven primarily by AI-related services, the strong performance of Fiverr Pro’s Managed Services, and a s
Company NewsCareerBuilder + Monster Receives Court Approval of Sale Transactions
On July 29, 2025, CareerBuilder + Monster announced that the U.S. Bankruptcy Court has approved three asset sale transactions under its Chapter 11 restructuring process. Global career-tech firm BOLD will acquire the job board business and r
Venture CapitalSan Francisco’s Sparrow Secures $35M Series B to Tackle Global Leave Compliance with AI
Sparrow , the first end-to-end leave management platform designed for modern, global companies, has raised $35 million in Series B funding led by SLW, bringing its total funding to $64 million. The company leverages AI and compliance expert
Product NewsAlight Elevates Employer-employee Benefits Experience With Second Release of Alight Worklife® for 2025
Alight has released the second major update of its Alight Worklife® platform for 2025, reinforcing its AI-powered capabilities across employee benefits administration. This release enhances five key areas: health, wealth, wellbeing, navigat
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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