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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Canada-Based Ribbon Lands $8M to Build the AI-First Hiring Platform for High-Turnover Industries
Ribbon , an AI-native hiring platform, aims to fix the broken recruitment system by offering intelligent, voice-based interviews and real-time analytics that drastically reduce hiring times and improve candidate experiences. Backed by $8M i
Company NewsThe Adecco Group and Salesforce Launch New Company to Integrate Human and AI Talent
The Adecco Group, in collaboration with Salesforce, has launched a new company aimed at seamlessly integrating human and digital talent in the workforce. This venture will utilize Salesforce's digital labor platform, Agentforce, and Adecco'
Product NewshireEZ Unveils Agentic AI: A Semi-Autonomous Approach to Smarter, More Strategic Recruiting
hireEZ has launched Agentic AI, a semi-autonomous recruiting solution embedded within its AI-first talent acquisition platform. Positioned between fully autonomous and assistant-level AI, Agentic AI offers guided autonomy—automating tasks l
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 CapitalPalo Alto-Based Lumber Raises $15.5M Series A to Transform AI-Powered Construction Workforce Management
Lumber , an AI-powered workforce management platform for the construction industry, has secured a $15.5 million Series A funding led by Foundation Capital , with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and F
Product NewsFirstup Launches Workforce Orchestration, Transforming How Enterprises Drive Employee Activation
Firstup has launched an AI-powered workforce orchestration solution to revolutionize enterprise employee communications. By bringing AI-driven marketing automation principles to internal workforce engagement, organizations can now automate
Product NewsWorkday 2025 Spring Release: 350+ New Features, Updates, and AI Enhancements to Streamline HR and Finance Processes for Customers Around the World
Workday has unveiled its 2025 Spring Release, introducing over 350 new features and updates designed to streamline HR and finance operations. This update integrates AI innovations across recruiting, workforce management, and financial proce
Product NewsZoom debuts new agentic AI skills and agents for Zoom AI Companion
Zoom Communications has introduced a major upgrade to its AI Companion, now featuring agentic AI skills and AI agents designed to improve task automation, workflow orchestration, and customer experience. The latest updates include over 45 n
Venture CapitalJobGet Acquires Seasoned: AI & Automation Reshape Restaurant Hiring
JobGet has acquired Seasoned , strengthening its position as the leading hiring platform for hourly workers. This acquisition follows its recent purchase of Snagajob, extending its reach to over 100 million job seekers. Seasoned’s AI-powere
Company NewshireEZ and Talroo Partner to Unify High-Volume Hiring, Unlock Access to Millions of Frontline Worker Profiles for AI-Powered Sourcing
hireEZ and Talroo have announced a strategic partnership to enhance high-volume hiring by integrating AI-powered sourcing and frontline worker profiles. This collaboration grants hireEZ users exclusive access to Talroo’s TalentSync database
Venture CapitalServiceNow to extend leading agentic AI to every employee for every corner of the business with acquisition of Moveworks
ServiceNow has signed a definitive agreement to acquire Moveworks, combining ServiceNow’s agentic AI and automation strengths with Moveworks’ front-end AI assistant and enterprise search capabilities. This move aims to deliver powerful AI-d
Company NewsFirst HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis
The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat
Venture CapitalAlta Raises $7M to Revolutionize Sales with AI-Powered Revenue Workforce
Alta , an AI-driven revenue workforce solutions provider, has raised a $7 million seed round and officially launched its AI agents designed to optimize sales, marketing, and RevOps functions. Its proprietary LLM for sales powers AI workforc
Venture CapitalHelios Raises $15.5M to Transform Global Payroll & Workforce Management with AI
Helios , an AI-powered workforce management platform, has secured $15.5 million in seed funding to enhance how global companies hire, manage, and pay their teams compliantly. Founded by HR tech innovator Rick Hammell, Helios integrates payr
Venture CapitalAI-Powered Hiring: Perfect Secures $23M to Redefine Recruitment Efficiency
Perfect , an AI-driven recruitment platform, has secured $23M in Seed funding to revolutionize the hiring process through agentic AI. By automating candidate sourcing, interview scheduling, and job matching, Perfect reduces time-to-hire by
Venture CapitalAI-Driven Hiring Platform Mercor Secures $100M Series B, Reaching $2B Valuation Amid Rapid Growth
Mercor , an AI-driven recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B funding round, valuing the company at $2 billion. Led by Felicis, with participation from Benchmark, General Catalyst
Venture CapitalTalent Intelligence Leader Loxo Raises $115M to Revolutionize AI Recruiting with Tritium Partners Investment
Loxo , a leading AI-powered talent intelligence platform, has secured a $115 million growth investment led by private equity firm Tritium Partners . This funding will accelerate AI and product development , further solidifying Loxo's positi
Venture CapitalHiBob Acquires Mosaic for $35 Million to Integrate HR and Financial Planning
HiBob has announced its acquisition of Mosaic , a leading Financial Planning and Analysis (FP&A) platform, to bridge the gap between HR and finance for mid-sized businesses. This integration will empower companies with real-time insights
Company NewsPaycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results
aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj
Venture CapitalAgentic AI Startup Integrail Announces $10 Million in Seed Funding, New CEO to Drive Uptake of New Platform Enabling Any Business to Create AI Workers
Integrail , a San Francisco-based Agentic AI startup, has raised $10 million in seed funding and appointed Peter Guagenti as CEO to drive adoption of its AI-powered no-code platform. The AI Studio platform enables businesses to create and d
Venture CapitalConverzAI Secures $16M Series A to Transform Recruitment with AI-Powered Virtual Recruiters
Seattle-based ConverzAI has raised a $16M Series A funding round led by Menlo Ventures , with participation from Left Lane Capital, Foundation Capital, and Afore Capital . The company specializes in AI-powered virtual recruiters , automatin
Company NewsThe Next Generation of Workforce Management is Here--Workday Unveils New Agent System of Record
Workday has introduced the Agent System of Record, a new AI-powered platform designed to help businesses manage their growing fleet of AI agents. This centralized system enables organizations to govern, track, and optimize both Workday and
Company NewsPaylocity Announces Second Quarter Fiscal Year 2025 Financial Results
Paylocity reported strong financial results for Q2 FY2025, with total revenue reaching $377.0 million, a 16% YoY increase. Recurring & other revenue grew 17% YoY to $347.7 million, driven by strong sales and product innovation. GAAP operati
Venture CapitalPhenom 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
Venture CapitalConversational 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
Venture CapitalSquarePeg 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
Product NewsG-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
Venture CapitalFinal 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 ,
Venture CapitalMaki 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
Product NewsSense Releases Conversational Voice AI to Transform Candidate Engagement with Automated Phone Calls
Sense has unveiled its groundbreaking Conversational Voice AI , revolutionizing talent engagement by automating phone conversations for sourcing, screening, and scheduling. Integrated with Sense's powerful Recruiting Automation and Messagin
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