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Venture Capital

Selerix Acquires TBX® to Create an All-in-One Benefits Administration SaaS Platform

Selerix , a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® ( TBX® ), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a com

Feb 6, 2025
Venture Capital

Phenom Acquires EDGE to Enhance Workforce Intelligence for Professional Services, IT Services, and Global Capability Centers

Phenom , an AI-driven HR technology leader, has acquired EDGE , a top resource management and talent mobility platform. This move enhances Phenom’s Intelligent Talent Experience platform with advanced resource planning capabilities, caterin

Feb 6, 2025
Company News

Paycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex

Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million , while net loss significantly narr

Feb 5, 2025
Venture Capital

Conversational AI Leader Paradox Acquires People Analytics Platform Eqtble to Advance AI Vision

Paradox , a leader in conversational AI for talent acquisition, has acquired people analytics platform Eqtble . The acquisition aims to enhance AI-driven hiring intelligence by integrating Eqtble's expertise in workforce analytics with Para

Feb 5, 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

Workwell Group Expands North American Presence with Acquisition of Eastridge Workforce Management

Workwell Group , a global leader in Human Capital Management (HCM) and Employer of Record (EOR) services, has acquired Eastridge Workforce Management (EWM) from Eastridge Workforce Solutions. This strategic acquisition strengthens Workwell’

Feb 4, 2025
Venture Capital

SquarePeg Raises $3.5M to Revolutionize AI-Driven Recruiting for Lean HR Teams

SquarePeg has raised a $3.5 million seed round led by Next Frontier Capital, with participation from Acadian Ventures, Bread & Butter Ventures, and Silicon Road Ventures, to refine its AI-driven candidate evaluation platform. Designed for m

Feb 3, 2025
Product News

G-P Delivers New AI Advancements and Expands AI Innovation Across Employer of Record (EOR) and Global Employment Products

G-P, a leader in global employment solutions, has introduced new AI-powered advancements across its suite of products, including Employer of Record (EOR), Contractor, and G-P Gia™ . These enhancements leverage generative AI (GenAI) and agen

Feb 3, 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
Venture Capital

Final Round AI Secures $6.88M in Oversubscribed Seed Funding to Transform the Job Search Journey

Final Round AI  has raised an oversubscribed $6.88 million seed funding round, led by Uncork Capital and supported by investors like HF0, Linear Capital, and Sky9 Capital. The company is redefining job searches with its Interview Copilot ,

Jan 30, 2025
Company News

Workday to Roll Out TechWolf's AI-Powered Skills Intelligence Across its Workforce, Making it Easier for Employees to Drive their Career Growth

Workday has announced the integration of TechWolf ’s AI-powered skills intelligence into its global workforce, benefiting over 20,400 employees. This partnership aims to enhance Workday’s existing skills framework by automating skills ident

Jan 29, 2025
Venture Capital

15Five Acquires Kona, the AI-Powered Manager Effectiveness Coach for Remote Managers

15Five , a performance management platform, has acquired Kona, an AI-powered manager coaching tool designed for remote work environments. The acquisition strengthens 15Five's position as a leader in addressing manager skill gaps and improvi

Jan 28, 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
Venture Capital

Maki Secures $28.6M to Revolutionize Talent Acquisition with Conversational AI

Maki , a leader in conversational AI for HR, has secured $28.6 million in Series A funding to redefine how organizations approach talent acquisition. With rapid growth in 2024 and large-scale partnerships with Fortune 500 companies, Maki’s

Jan 15, 2025
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
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
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
Earnings

Recruit Holdings Achieves $11.99 Billion Revenue in Q2 FY2024 with 5.4% Growth, Notable Increases in Operating Income and EPS

Recruit Holdings Co., Ltd. reported solid Q2 FY2024 financial results, with revenue reaching ¥1.7987 trillion, a 5.4% year-over-year increase. Adjusted EBITDA grew by 11.9% to ¥367.2 billion, while operating income rose 13.4% to ¥269.7 bill

Nov 11, 2024
Company News

UKG Empowers Hawaiian Airlines’ Frontline Workforce with Mobile-first HR Technology

UKG, a prominent HR technology provider, is enhancing Hawaiian Airlines' HR processes with its mobile-first UKG Pro suite. This partnership, spanning 15 years, allows Hawaiian Airlines’ 7,000 employees—many working outside traditional offic

Nov 4, 2024
Company News

Workday and Compa Partner to Revolutionize Compensation with Real-Time Data

Workday and Compa have announced a new partnership aimed at transforming how organizations approach compensation by integrating Compa's real-time market intelligence data into Workday’s platform. This collaboration will empower HR teams to

Nov 4, 2024
Venture Capital

EQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation

EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and

Oct 31, 2024
Product News

SAP SuccessFactors Second Half 2024 Product Release: Embedding AI Across SAP SuccessFactors HCM

The SAP SuccessFactors 2H 2024 release brings over 250 innovative features, including 30 new AI capabilities designed to transform HR management. Key updates include enhanced AI-driven job recommendations, skills architecture creation, and

Oct 28, 2024
Venture Capital

TalentNeuron Acquires HRForecast, Launches First Unified Strategic Workforce Planning Platform

TalentNeuron, backed by Leeds Equity Partners, has acquired HRForecast, a strategic workforce planning and skills management software provider. This acquisition will create the first end-to-end platform integrating internal workforce data w

Oct 24, 2024
Product News

ServiceNow 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

Sep 25, 2024
Product News

PrimePay 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

Sep 24, 2024
Company News

SmartRecruiters Appoints Rebecca Carr as Chief Executive Officer

Rebecca Carr has been appointed the new CEO of SmartRecruiters , bringing extensive experience from her decade-long tenure within the company, most recently as Chief Product Officer. She aims to propel the enterprise's talent acquisition te

Aug 27, 2024
Venture Capital

Tilt Raises 15M in Series B to Revolutionize Leave Management Technology

Tilt , a leader in leave management solutions, has successfully raised $15 million in Series B funding led by Bramalea Partners, with contributions from HearstLab, Firework Ventures, Origin Ventures, and Techstars. The funding will enable T

Aug 27, 2024
Company News

Paycor’s FY 2024 Results: 19% Revenue Surge Driven by HR Tech Innovation

Paycor announced its financial results for the fourth quarter and fiscal year 2024, showing a 19% increase in total annual revenue, reaching $654.9 million. The company introduced a new Compensation Management solution and expanded its API

Aug 14, 2024
Company News

Recruit Holdings Co., Ltd. Announces Q1 FY2024 Financial Results

Recruit Holdings Co., Ltd. announced its Q1 FY2024 financial results, highlighting significant growth across all key metrics. The company reported a 6.0% increase in revenue, reaching ¥901.56 billion, driven by strong performances in its HR

Aug 8, 2024
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