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Company News

Setting the Record Straight: Deel Responds to Inaccurate Claims

Deel , a global HR admin platform, has recently found itself at the center of several inaccurate claims made against the company. In a statement released on their blog, Deel addresses these allegations, aiming to clear up any misunderstandi

Aug 14, 2023
Venture Capital

Blockchain-Based Employment Platform Opolis Raises $6.6M in Bridge Fundraising Round

Opolis, a blockchain-based platform for independent workers, has secured a bridge fundraising round of $6.6M. The round was led by Berlin-based crypto investment firm Greenfield, with additional investment from the NEAR Foundation, Draper A

Jul 14, 2023
Company News

Remote and Gusto launch global employment and compliance partnership for U.S. companies

Remote work was the beginning. Distributed work is the present — and the future — for businesses looking to hire the best people. Today, Remote and Gusto are establishing a new partnership to help SMBs in the United States access global tal

Jun 26, 2023
Company News

BambooHR Innovates Employee Benefits Enrollment with Launch of New Administration Solution

BambooHR, the renowned provider of cloud-hosted HR software, has launched Benefits Administration, a new solution that aims to simplify benefits enrollment for many organizations. Integrated directly into the BambooHR platform, Benefits Adm

Jun 12, 2023
Venture Capital

UKG Transforms Multi-country Payroll with Agreement to Acquire Immedis from CluneTech

Acquisition propels UKG into a global HCM leadership position, with creation of the industry’s most adaptable, intelligent “schedule to fund in one” experience for multinational businesses LOWELL, Mass., and WESTON, Fla., June 6, 2023 — To

Jun 8, 2023
Wellbeing

Paychex Charitable Foundation to Donate $1 Million to Mental Health America

ROCHESTER, N.Y. ,  March 22, 2023  -- Paychex, Inc. , a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, today announced that  Mental Health America

Mar 22, 2023
HR Technology

Microsoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots to help enhance its HCM

The investment will help ZingHR leverage its AI-based software bots, conversational AI and document AI to add capabilities and features to its human capital management (HCM) offerings The deal will also enable ZingHR to increase the efficie

Mar 20, 2023
Opinion

Rippling's Swift Crisis Management: A Lesson in Resilience and the Importance of Reliable Partners

In the ever-evolving world of business, a company's ability to adapt and overcome challenges is crucial for long-term success. Recently, Rippling, a workforce management company, found itself in the midst of a financial crisis when Silicon

Mar 18, 2023
Venture Capital

Rippling Attracts $500M Series E Investment from Greenoaks, Upholding $11.25 Billion Valuation Seen in Previous Round

Rippling raises $500M in Series E financing Rippling has raised $500M in a round led by Greenoaks. The round values the company at $11.25 billion, the same as the company’s Series D financing in May 2022. This was an unusual round, raised i

Mar 17, 2023
Venture Capital

Wingspan Secures $14 Million in Series A Funding to Boost Payroll and Benefits Platform for Flexible Workforce

NEW YORK, March 16, 2023-- Wingspan , a leading payroll and benefits platform specifically designed for flexible workforces, announced today that it has secured $14 million in Series A funding. This latest round, led by Andreessen Horowitz,

Mar 17, 2023
Venture Capital

CAVU HCM Acquires Two Payroll Service Companies Continuing its Accelerated Growth

PEORIA, Ill. ,  Feb. 2, 2023  -- Today, CAVU Human Capital Management   (HCM), an emerging provider of technology, payroll, human resources, and workforce management solutions, announced it has acquired ABCS Payroll located in  DuBois, Penn

Feb 2, 2023
Company News

OnShift Adds Industry-Leader Proliant To Network Of Partners For Payroll & HRIS

Cleveland, OH – OnShift , a leader in workforce management software for post-acute care and senior living, today announced a partnership with Proliant , a cutting-edge HR technology provider. Through this partnership, long-term care and sen

Nov 29, 2022
Venture Capital

CloudPay Raises $50 Million and Reports High Growth as Payroll Evolution Continues

LONDON - Expert in global pay solutions, CloudPay,  has raised a new $50 million round of capital whilst recording strong growth as demand for cloud-based integrated global payroll and payments services continues. The funds raised were led

Oct 27, 2022
Venture Capital

Namely Merges with Vensure Employer Services + PrismHR

NEW YORK —  Namely , the leading HR platform for mid-sized companies, today confirmed it has merged with the organization recently created by the combination of Vensure Employer Services and PrismHR. Vensure Employer Services is one of the

Sep 6, 2022
Venture Capital

Finch raises $15M Series A to power the future of connected and programmable employment

At Finch, our mission is to empower innovators to access the global employment ecosystem. Since starting the company in late 2020, we’ve been excited about building a future in which the employment sector is both connected and programmable.

Jun 9, 2022
Venture Capital

Hourly.io Announces $27M Series A

We have some very exciting news to share—we raised $27 million! It’s such an incredible accomplishment for all our team members who worked hard to get us here, and we’re grateful to our new and existing investors who believe in our vision t

Jun 1, 2022
Venture Capital

Payroll Infrastructure Startup Check Announces $75 Million Series C Led by Stripe

Check, a leading payroll infrastructure startup, recently announced a significant milestone in its growth journey, securing a $75 million Series C funding round. This investment round, led by Stripe, a renowned API technology company specia

Feb 17, 2022
Venture Capital

PrimePay Announces Investment from Aquiline Capital Partners

WEST CHESTER, Pa. --  PrimePay , a national payroll, human capital management (HCM), and benefit services company, today announced it has received an investment from Aquiline Capital Partners, a private investment firm based in  New York  a

Apr 5, 2021
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