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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300LumApps and Beekeeper Merge to Form $1B+ AI Employee Hub for the Future of Work
LumApps and Beekeeper , two founder-led leaders in workplace technology, are merging in a Bridgepoint-backed deal that values the combined company at over $1 billion . The new entity will serve 7 million users across 2,000+ organizations ,
NewsCoAdvantage and PrimePay Merge to Create a Comprehensive HCM Powerhouse
CoAdvantage, a leading Professional Employer Organization (PEO), has successfully merged with PrimePay, a well-established payroll and HR software provider. Backed by private equity firm Aquiline, the combined entity aims to offer a more co
Venture CapitalEnrich Layer Acquires HR Signal® to Integrate Market-Leading Workforce Insights Engine™ into their Data Platform
Enrich Layer , a leading provider of unified B2B data enrichment APIs, has acquired HR Signal®, an AI-driven predictive workforce analytics platform known for its proprietary Workforce Insights Engine™. This strategic acquisition aims to ex
Company NewsDHI Group Cuts 25% of Workforce at Dice Amid Strategic Restructuring
DHI Group (NYSE: DHX), the parent of tech-focused job boards Dice and ClearanceJobs, announced a 25% workforce reduction as part of a strategic restructuring. This decision follows an earlier 8% layoff in January and will result in $4.2 mil
Venture CapitalAI-Native Platform Niural Secures $31M to Automate Payroll and Global Ops
Niural, an AI-native global PEO platform, has raised $31 million in Series A funding to reinvent financial operations for modern CFOs. By combining proprietary infrastructure with executional AI agent EMMA, Niural transforms traditional pay
Company NewsEnd of an Era: Zen JV Files for Bankruptcy, Marking the Final Chapter for CareerBuilder and Monster
Zen JV, LLC, the parent entity behind well-known recruitment brands like CareerBuilder and Monster Worldwide, has filed for Chapter 11 bankruptcy in the District of Delaware. The filing includes ten affiliated entities and initiates a forma
Venture CapitalSan Francisco-Based VoiceCare AI Secures $4.54M to Automate Complex Healthcare Conversations
Voicecare AI , a healthcare-focused agentic AI startup, has raised $4.54 million in a seed round led by Caduceus Capital Partners, with participation from Mayo Clinic and others. The San Francisco-based company is pioneering healthcare admi
Venture CapitalWedgeHR Raises Strategic Funding to Scale Video Hiring Platform Across North America
WedgeHR, an HR tech innovator in video interviewing, has announced a new strategic funding round led by a consortium of HR tech veterans and growth investors. The round includes BDev Ventures and several seasoned operators, with new board a
Venture CapitalClara Home Care Closes $3.1M Seed Round to Transform Senior Home Care
Clara Home Care, a San Francisco-based startup, has raised $3.1 million in seed funding to transform senior home care with its AI-driven platform. By simplifying the direct hiring of professional caregivers, Clara helps families access affo
Company NewsIndeed CEO Chris Hyams Steps Down After 15-Year Tenure; Deko Returns to Lead
Chris Hyams has officially stepped down as CEO of Indeed after nearly 15 years of leading the world’s largest job platform. In a heartfelt letter to the team, Hyams reflects on his journey from VP of Product to CEO, overseeing Indeed’s expo
ColumnWorkday Announces Fiscal 2026 First Quarter Financial Results
Workday reported strong Q1 FY26 earnings with total revenue reaching $2.24 billion, a 12.6% increase year-over-year. Subscription revenue grew by 13.4%, driven by demand for its AI-powered platform. Despite a GAAP operating income dip due t
Venture CapitalUK’s Cronofy Raises £15M from BGF to Expand Scheduling Infrastructure
Cronofy , a UK-based embedded scheduling platform, has secured a £15 million investment from BGF to fuel its international expansion and product innovation. Trusted by over 180,000 organizations worldwide—including brands like Wise, Indeed,
EarningsZipRecruiter Reports $110.1M Revenue in Q1 2025 Amid Hiring Slowdown
Quarterly revenue of $110.1 million Quarterly net loss of ($12.8) million, or net loss margin of (12)% Quarterly Adjusted EBITDA of $5.9 million, or Adjusted EBITDA margin of 5% SANTA MONICA, Calif.---ZipRecruiter ® (NYSE: ZIP), a leading
Company NewsFiverr Announces First Quarter 2025 Results
Fiverr (NYSE: FVRR) delivered a strong start to 2025 with Q1 revenue of $107.2 million, up 14.6% year-over-year, and Adjusted EBITDA of $19.4 million, beating the midpoint of prior guidance. The company saw rapid growth in services revenue,
Venture CapitalItalian-based Skillvue raises $6.3M to transform how companies discover and develop hidden talent
HR tech platform evolves from recruitment tool to comprehensive skills partner as organizations struggle to identify capabilities in both candidates and employees. Milan, May 05, 2025 -- While 70% of HR professionals desperately search for
Company NewsPaylocity Q3 FY2025 Revenue Rises 13% to $454.5M, Adjusted EBITDA Hits $197M
Paylocity reported strong third-quarter fiscal 2025 results, highlighted by double-digit revenue and earnings growth. The company posted total revenue of $454.5 million, up 13% year-over-year, with recurring revenue rising 15% to $421.1 mil
Company NewsADP Q3 FY25 Revenue Hits $5.6B with 6% Growth, EPS Climbs to $3.06
In Q3 of fiscal 2025, ADP reported robust financial performance with a 6% year-over-year revenue increase, reaching $5.6 billion, driven by solid results across both Employer Services and PEO segments. Adjusted EBIT rose 6% to $1.6 billion
EarningsTriNet Announces First Quarter 2025 Results
TriNet Group, a leading HR solutions provider for SMBs, reported its Q1 2025 results with $1.3 billion in total revenue, up 1% year-over-year. Despite macroeconomic challenges, the company delivered solid performance aligned with full-year
Company NewsPapaya Global Announces CFO, CPO, and Key Executive Appointments to Drive Innovation and Expansion
Papaya Global , a leading workforce payroll and payments platform, has announced significant leadership changes to bolster its global expansion. Erez Simha joins as CFO, bringing vast IPO and M&A expertise, while Amit Levi is promoted to CP
Venture CapitalSan Diego’s HelloSky Secures $5.5M Seed Funding to Scale AI-Powered Executive Search Tool
HelloSky , formerly known as Skyminyr, has raised $5.5 million in an oversubscribed seed round to accelerate its AI-powered talent intelligence platform tailored for executive search. With $1 million in ARR already achieved and new leadersh
Company NewsManpowerGroup Q1 Revenue Falls to $4.1B, Net Income Down 86% Amid Restructuring
In Q1 2025, ManpowerGroup reported $4.1 billion in revenue, marking a 7% year-over-year decline (-5% in constant currency, -2% organic). Net income fell sharply to $5.6 million ($0.12 per diluted share) from $39.7 million ($0.81) a year ear
Venture CapitalArtisan Raises $25M Series A to Build Autonomous AI Sales Workforce
Artisan has secured a $25 million Series A round led by Glade Brook Capital to expand its AI-driven sales platform. Known for its bold slogan “Stop hiring humans,” Artisan offers AI employees called "Artisans" to autonomously perform sales
Venture CapitalPaychex Completes Acquisition of Paycor
Paychex has officially acquired Paycor in an all-cash transaction valued at approximately $4.1 billion. This strategic deal merges two HCM powerhouses and aims to create the industry's most comprehensive and flexible AI-driven HR and payrol
Venture CapitalSpain-Based Job&Talent Secures €92M to Accelerate AI-Driven Staffing Solutions
Job&Talent , a Spain-based digital staffing platform, has secured €92 million (US$101.3 million) in a Series F funding round, bringing its valuation to €1.3 billion. The funding will accelerate its international growth and support its AI-dr
Venture CapitalServiceNow to boost CRM offering with acquisition of Logik.ai’s best-in-class, AI-powered CPQ solution
ServiceNow has announced the acquisition of Logik.ai, a leader in AI-powered, composable Configure, Price, Quote (CPQ) solutions, to enhance its CRM and Sales and Order Management capabilities. The move aims to streamline complex sales wo
Venture CapitalNYC Startup Ropes Secures $3.1M to Expand Role-Specific Skill Evaluations
Ropes , a New York-based AI hiring startup, has raised $3.1 million in seed funding led by GSV Ventures to expand its innovative platform that assesses technical candidates based on real-world simulations. Unlike traditional tests or biased
Company NewsPaychex Reports Q3 FY2025 Revenue of $1.51B and Adjusted EPS of $1.49, Announces Paycor Acquisition to Close in April
Paychex , Inc. reported a solid third quarter for fiscal 2025, achieving 5% year-over-year revenue growth and 6% growth in operating income. The company recorded $1.49 in adjusted diluted EPS, up 8% from the prior year. Notably, Paychex ent
Venture CapitalNew York’s Jolly Raises $16.5M Series A to Scale AI-Driven Workforce Motivation System
Jolly , a New York-based workforce optimization platform, has secured $16.5 million in Series A funding led by former Tesla CFO Zach Kirkhorn, who also joins the board. The platform enables frontline workers to "Earn Points at Work™" by rew
Venture CapitalSpain’s HR Tech Firm Factorial Secures $120M in Non-Dilutive Funding to Accelerate Expansion in Germany, France, and Italy
Factorial , the Barcelona-based HR tech unicorn, has secured an additional $120 million in non-dilutive funding from General Catalyst, bringing its total borrowings from GC’s Customer Value fund to $200 million . This investment will fuel F
Product NewsChartHop AI: Merging HR and Business Data for Smarter Workforce Decisions
ChartHop AI revolutionizes workforce intelligence by integrating HRIS with business data, enabling HR leaders to make smarter, real-time decisions. By bridging workforce metrics with sales, customer support, and R&D insights, it transforms
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