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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300OneSource Virtual Announces Strategic, Majority Growth Investment from TA
OneSource Virtual (OSV), a leading provider of HR and payments services purpose-built for the Workday ecosystem, has announced a strategic, majority growth investment from global private equity firm TA Associates. Founded in 2008, OSV deliv
Venture CapitalGCE Global Solutions Corp. Announces Strategic Acquisition of GCE Payroll Advisers Inc. to Strengthen Global EOR and Payroll Platform
GCE Global Solutions Corp. has acquired GCE Payroll Advisers Inc., strengthening its global EOR and cross-border payroll platform. The move expands regulatory expertise, international payroll operations, and global workforce support capabil
Company NewsPaychex Delivers 18% Revenue Growth in FY2026 Q2, Accelerated by Paycor Acquisition and AI Innovation
Paychex reported strong second-quarter results for fiscal year 2026, delivering 18% year-over-year revenue growth and continued progress toward its long-term strategy of building a comprehensive, AI-enabled human capital management platform
Venture CapitalLondon-Based Ben Raises $27.5m Series B to Modernize Global Employee Benefits
Ben , a London-based AI-native employee benefits platform, has raised $27.5 million (£20.8m) in Series B funding to accelerate product development and expand its go-to-market capabilities for global enterprises. The round was led by Mercia
Product NewsDeel Launches Deel Works Editorial Hub, Reveals North America's PTO Problem
Deel has launched Deel Works , a new editorial hub focused on the future of work, alongside its first major data-driven study examining global paid time off (PTO) usage. Led by newly appointed Economist Lauren Thomas, formerly of Stripe and
Venture CapitalUKG Agrees to Acquire Inova Payroll to Expand Service-Led HCM for SMBs
UKG has agreed to acquire Inova Payroll, a Nashville-based HCM and payroll provider serving 4,000+ SMBs. Inova is the largest reseller of the UKG Ready® suite nationwide. The deal is expected to close in early 2026, subject to conditions. U
Venture Capital401GO Secures $33M Series B to Scale Its Unified 401(k) Infrastructure
401GO has secured a $33 million Series B round led by Centana Growth Partners, marking a significant milestone in the fast-changing retirement technology market. As a fully-owned and vertically integrated 401(k) platform, 401GO differentiat
Venture CapitalVestwell to Acquire Accrue 401k, Becoming the Platform for Nearly 30,000 Guideline Plans
Vestwell announced an agreement to acquire Accrue 401k, the entity formed to support the nearly 30,000 Guideline retirement plans excluded from Gusto’s acquisition of Guideline. Once finalized, approximately 350,000 savers across small and
Company NewsADP Announces 2026 HCM Distinction Award Finalists
ADP has announced the finalists for its 2026 HCM Distinction Awards, honoring large employers that exemplify excellence in human capital management and workplace innovation. Selected from a highly competitive pool, these organizations demon
Product NewsPaychex Launches AI Innovation Suite to Transform Workforce Management
Paychex announced a major expansion of its AI-driven capabilities, marking a transformative shift in how organizations manage their workforce. Leveraging one of the industry’s richest datasets, the company is accelerating its evolution from
Product NewsADP Launches Unified Global Workforce Management Suite Across HCM Platforms
ADP has launched the new ADP WorkForce Suite across its major HCM and payroll platforms, creating a unified global workforce management environment for organizations operating in more than 140 countries. This integrated suite centralizes ti
Company NewsHR in 2026 will be Defined by the Impact of AI Innovation on Work
The 2026 HR landscape is being shaped by three converging forces: rapid AI adoption, rising expectations for employee well-being, and a complex regulatory environment across states and countries. This report highlights how organizations are
Company NewsPaylocity Announces First Quarter Fiscal Year 2026 Financial Results
Paylocity reported a solid start to FY2026 with total revenue of $408.2M (+12% YoY) and recurring & other revenue of $378.9M (+14% YoY). Profitability remained strong, highlighted by adjusted EBITDA of $146.4M (35.9% margin) and GAAP net in
Venture CapitalLettuce Financial Secures $28 Million Series A Funding to Expand Its AI-Powered Operating System for One-Person Businesses
Lettuce Financial has secured $28 million in funding to expand its AI-powered operating system for solopreneurs and has acquired benefits startup Besolo to integrate healthcare access. The platform serves businesses of one, streamlining ta
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 NewsDeel Appoints Joe Kauffman as President & Chief Financial Officer
NEW YORK-- Deel , the leading global payroll and HR platform, today announced the appointment of Joe Kauffman as President and Chief Financial Officer. Kauffman joins Deel following more than a decade of leadership at Credit Karma, where he
ColumnADP Reports First Quarter Fiscal 2026 Results
ADP reported Q1 FY26 revenue of $5.2B (+7%, +6% organic cc) and adjusted EPS of $2.49 (+7%) , with adjusted EBIT up 7% and margin flat at 25.5% . Employer Services grew 7% ; PEO grew 7% with average WSEs up 2% to ~754k . Interest on funds h
Company NewsUKG Launches Venture Fund
UKG, a leading global AI platform for HR, pay, and workforce management, has launched UKG Ventures , a strategic investment fund focused on the next generation of worktech innovators. The fund targets early to growth-stage startups that ali
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 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
Venture CapitalAragorn AI Raises $4.3M Seed Round to Usher HR into the Intelligence Era
Aragorn AI ,, a Dallas-based HR technology startup, has raised $4.3 million in seed funding led by LiveOak Ventures , with participation from Dallas Venture Capital , bringing its total funding to $5.5 million . Founded in 2022 by siblings
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
Venture CapitalSage Acquires Criterion HCM to Modernize Human Capital Management for Mid-Sized Businesses
Sage has acquired Criterion HCM, marking a strategic expansion of its AI-powered HR and payroll ecosystem to better serve mid-sized businesses. The acquisition brings together Criterion’s unified HCM solution—spanning Core HR, payroll, and
Company NewsHelios Rebrands as Globalli, Launching the World's First-Ever Global People Operating System
Helios has rebranded as Globalli and launched the world’s first-ever Global People Operating System (OS) , designed to unify payroll, compliance, and HR across more than 125 countries. The platform integrates employees and contractors into
Company NewsUKG, the Workforce Operating Platform, Launches Global Rebrand and Campaign, “When Work Works, Everything Works”
UKG has unveiled its global rebrand and new campaign, “When Work Works, Everything Works,” positioning itself as the world’s Workforce Operating Platform. The refreshed brand identity highlights UKG’s AI-powered HR, payroll, and workforce m
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 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
Company NewsParafin and Gusto Launch Payroll Bridge: Line of Credit to Help 400K+ SMBs Pay Staff on Time
Parafin and Gusto have partnered to launch Payroll Bridge, a payroll line of credit designed to help small businesses cover payroll during cash flow gaps. Integrated directly into Gusto’s platform, the solution ensures employees are paid on
Product NewsHiBob Launches Native US Payroll to Cut Complexity and Build Confidence for SMBs
HiBob has launched its native US Payroll and Benefits Administration solution, integrating payroll, benefits, and HR into one unified platform. Backed by Gusto Embedded Payroll technology, this AI-powered solution offers real-time analytics
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