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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300U.S. Electrician Staffing Platform Buildforce Raises $10M Series A for National Expansion
Buildforce raised a $10M Series A led by Saepio Capital, with Blue Heron Capital, Revolution’s Rise of the Rest Seed Fund, S3 Ventures and Chicago Ventures participating. The electrician staffing platform reports 2M+ work hours across 2,000
Company NewsRevelio Labs Launches AI Labor Market Tracker, an Evidence-Backed, Real-Time Measure of AI's Impact on the Workforce
Revelio Labs launched its monthly AI Labor Market Tracker. Since Oct. 2022, demand for the most AI-exposed roles is down 42% versus the least-exposed, while AI-adopting firms show 27% stronger headcount growth. One external hire now require
Company NewsWhy August 18 Is Becoming HR's Day
August 18 is emerging as HRDay : H is the 8th letter of the alphabet, and R is the 18th. The 2026 international launch centers on “AI Runs the Work. HR Keeps It Human.” HR professionals can also contribute to The Record at hrday.org .
Product NewsPaylocity Launches Ignite AI Agents Across Payroll, Recruiting and Workforce Analytics
Paylocity launched Ignite AI, a platform-wide suite of AI agents for payroll, recruiting, time, workforce insights and data quality. A centralized Ignite AI Hub lets organizations control active agents, monitor adoption and measure producti

August 18 Is HR Day: A Global Moment to Keep Work Human
Partner Content from HRDay.org August 18 is emerging as a global day for the human resources profession. Created around a simple connection—H is the eighth letter of the alphabet and R is the eighteenth—HR...

HR Tech and HR Executive Name the 2026 Top 100 HR Tech Influencers
The 2026 Top 100 HR Tech Influencers includes 32 new honorees—a sign that influence in HR tech is expanding beyond established analysts to executives, podcasters and community builders. Who is shaping how your organization...

Energage and Engagedly Merge to Unite AI Talent Management, Employee Engagement and Employer Brand
Energage and Engagedly have merged to create a unified platform spanning employee engagement, performance, learning, recognition, development and employer brand. Energage brings insights from 30M+ employee surveys across 80,000 organizations. EXTON, Pa.–Energage, the HR...

CoAdvantage and PrimePay Launch CoAd, Unbundling Traditional PEO Services for the First Time
CoAdvantage and PrimePay have launched CoAd, a unified payroll, HR and PEO brand serving 17,000+ clients and processing over $15B in annual payroll. Its modular model lets employers access co-employment without being required to...

Mercor to Acquire Deeptune, Strengthening Reinforcement Learning Environments for AI Agents
Mercor will acquire Deeptune, the New York-based creator of high-fidelity reinforcement learning environments for AI agents. Deeptune’s team, led by founder & CEO Tim Lupo, will join Mercor in NYC. The deal follows Deeptune’s...

DecisionHR Acquires Minnesota-Based PEO Paymasters to Expand Midwest HR Outsourcing Presence
DecisionHR, a Coalesce Capital portfolio company, has acquired Minnesota-based PEO Paymasters, expanding its HR outsourcing and PEO footprint across the Midwest and strengthening its presence in the Upper Midwest. Coalesce Capital has over $1.8B...

Paylocity Acquires AI-Native Leave Management Platform Aidora to Expand HCM Compliance Automation
Paylocity has acquired Aidora, an AI-native leave management compliance software company, to strengthen its HR platform with more automated, employee-friendly leave administration. Announced on July 9, 2026, the transaction adds a natural language interaction...

Shore Capital Acquires Denver-Based ThrivePass to Accelerate Employee Benefits Technology Growth
Shore Capital Partners has acquired Denver-based ThrivePass, an employee benefits technology platform serving employers, brokers and PEOs. Financial terms were not disclosed. ThrivePass supports lifestyle spending accounts, rewards, tuition reimbursement, COBRA administration and pre-tax...

Paris-Based HR Path Secures Near-$1 Billion Ardian-Led Transaction to Accelerate Global Expansion
HR Path has secured a near-$1B transaction led by Ardian to accelerate global growth. Founded in Paris in 2001, the company now has ~2,600 employees, operates in 30 countries and serves 3,000+ clients, with...

Corestream Secures Strategic Investment from Lightyear Capital to Accelerate Product Innovation and Platform Expansion
Lightyear Capital has made a strategic investment in Corestream, a voluntary benefits and employee savings technology platform. Founded in 2006, Corestream serves over 6M employees and reconciled more than $500M in payroll premiums in...

Microsoft Cuts 4,800 Roles as AI Reshapes Work, Commercial Delivery and Xbox Strategy
Microsoft is eliminating around 4,800 roles, representing about 2.1% of its global workforce, as the company accelerates a broader transformation of its business, operating model and workforce priorities. The changes primarily affect Microsoft’s Commercial...

Skillsoft Completes Sale of Global Knowledge Business to Focus on AI-Native Skills Management Platform
Skillsoft has completed the sale of its Global Knowledge business to an affiliate of Enduring Ventures. The deal sharpens Skillsoft’s focus on its AI-native skills management platform, while a strategic partnership preserves customer access...

Handshake Acquires AI-Native Learning Platform Uplimit to Connect Learning, Skills and Hiring
Handshake has acquired Uplimit to build a global AI learning platform connecting learning, verified skills and hiring. The company says AI use at work rose from 8% to 35% in one year, while only...

HW Staffing Solutions Acquires New England Staffing Firm TPi Staffing to Strengthen Manufacturing, Technical and Commercial Talent Solutions
HW Staffing Solutions has acquired TPi Staffing, expanding its New England footprint across manufacturing, technical and commercial staffing. TPi’s leadership and staff will remain in place, while clients gain access to HW’s national network,...

Straiker Raises $64M Series A to Secure the Agentic Workforce
Straiker raised a $64M Series A, bringing total funding to $85M. The round was led by Marathon Management Partners, Citi Ventures, Illuminate Financial, and Workday Ventures, with Bain Capital Ventures and Lightspeed continuing support....

Korn Ferry to Acquire UK-Based AMS for Approximately £850M, Creating a Global Talent and Organizational Consulting Leader
Korn Ferry will acquire UK-headquartered AMS from OMERS Private Equity for approx. £850M / $1.1B. The combined firm will have 16,000+ colleagues, operate across 120+ countries, and place a professional in a job about...

Warp Raises $60M Series B to Challenge Workday, Rippling, and ADP in AI-Native Payroll Compliance
Warp has raised $60M in Series B funding led by Battery Ventures, with Peak XV, Sound Ventures, Y Combinator, and HOF Capital participating. The AI-native startup automates payroll, onboarding, tax compliance, IT management, benefits...

Chuhai.tips Launches HR Services in China to Help Global Companies Connect with Trusted Local HR Service Providers
Chuhai.tips has introduced HR Services in China, a dedicated service entry point helping global companies connect with trusted China-based HR service providers across EOR, payroll, recruitment, employment compliance, benefits, HR outsourcing, and workforce operations....

Riviera Partners Acquires Lateral Labs to Expand AI and Machine Learning Talent Search Capabilities
Riviera Partners has acquired Lateral Labs, a specialized recruiting firm serving top AI startups. The deal expands Riviera’s AI and ML talent search capabilities from seed-stage startup through IPO, spanning research, infrastructure, engineering, product...

Paychex Reaches $6.512B in FY2026 Revenue as Paycor Integration and WISE AI Engine Drive Momentum
Paychex reported FY2026 revenue of $6.512B, up 17%, with adjusted operating income rising 19% to $2.815B. Q4 revenue increased 12% to $1.606B, supported by Paycor integration and growth across Management Solutions, PEO, insurance, and...

Syndio Acquires Embrace.ai
Syndio has acquired Embrace.ai, an agentic AI company focused on AI-driven automation across business workflows. The full Embrace.ai team will join Syndio, with Derek Butts becoming SVP of Product Strategy and Seth Halpern serving...

Linc Raises €8.5 Million to Build the AI-Native Payroll Platform France’s Payroll Professionals Have Been Waiting For
France-based payroll software company Linc has raised €8.5M to accelerate its AI-native platform for accounting and payroll firms. Founded in 2024, Linc now reports 68 firms in production and 100+ payroll, HR, accounting and...

Niural Launches Niural AI Labs and Expands Series A to $52 Million for AI-Native Payroll and Benefits
Niural, the AI-native platform for global payroll, benefits, payments, and compliance, has launched Niural AI Labs and expanded its Series A to $52 million. The company positions the Lab as a “neolab for finance,”...

Embark Acquires Workday Consulting Firm Commit to Expand CFO and CHRO Advisory Capabilities
Embark has acquired Commit, a high-growth consulting firm specializing in the Workday ecosystem. The deal marks Embark’s first transaction and expands its HCM advisory capabilities across Workday post-go-live support, AMS, platform optimization, HR modernization,...

Allvia Acquires Atlanta-Based Smith Communication Partners to Expand Workforce Strategy and Employee Communications
Allvia, a workforce services platform backed by Trinity Hunt Partners, has acquired Smith Communication Partners, an Atlanta-based firm founded in 2005. The deal expands Allvia’s capabilities in workforce strategy, employee communications, benefits, total rewards,...

Singapore-Based Global Payroll and HR Platform BIPO Secures US$50M Investment from Apis Partners to Expand Across 170+ Markets
Apis Partners has invested US$50 million in BIPO to accelerate the Singapore-headquartered company’s global expansion, disciplined M&A strategy, AI roadmap, and embedded financial services capabilities. BIPO, described as Asia Pacific’s leading payroll payment processing...
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