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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Chapel Hill-Based Well Secures $30M to Scale AI-Driven Health Engagement System
Well , an AI-driven health engagement company based in Chapel Hill, has raised $30 million in new funding, bringing its total to over $150 million. This round will accelerate the development of its AI platform, concierge services, and predi
Company NewsIn2Dialog and Ixly Receive MIT R&D Grant to Advance AI in Recruitment
In2Dialog, a multi-award-winning startup transforming the recruitment process with AI-driven tools based in Utrecht, has been awarded a prestigious MIT R&D collaboration grant by the Province of Utrecht. The grant supports a joint research
Venture CapitalTapcheck Secures $225M to Scale On-Demand Pay Platform Across U.S. Workforce
PLANO, Texas- Tapcheck , a leading on-demand pay provider, today announced it has raised $225 million in combined equity and debt financing. This latest funding includes a $25 million Series A extension round led by existing investor, Peak
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
Product NewsJosh Bersin Company's Galileo™ Leaps Ahead with Next-Gen Reasoning Model & Industry-Leading Skills and Jobs Knowledge Base
With a new reasoning model, Galileo™ Mercury release now features "chain of thought" processing for advanced AI capability. A New "Consultant Mode" transforms Galileo into an HR and organizational consultant. Vast datasets of jobs, skills,
Company News“The Spy in the Slack Channel”: Inside the Silicon Valley Espionage Scandal Between Rippling and Deel
In a plot that feels more like the screenplay of a corporate thriller than a courtroom reality, two of Silicon Valley’s most celebrated HR tech unicorns—Rippling and Deel—are now locked in a high-stakes legal war involving secret communicat
Venture CapitalCanada-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 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 CapitalCologne-Based peopleIX Secures €2.3M Pre-Seed to Revolutionize AI-Driven Workforce Intelligence
peopleIX , a Cologne-based AI-powered people intelligence platform, has secured €2.3 million in pre-seed funding, led by Earlybird-X with contributions from neoteq ventures, TS Ventures, and HR Tech business angels. The company aims to solv
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 NewsLattice Debuts AI Agent for HR as HRIS Customer Growth Surges 250%
Lattice has introduced an AI-powered HR agent to streamline HR processes and enhance employee productivity. The AI agent automates responses to common HR inquiries, allowing HR teams to focus on strategic tasks like performance management a
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 CapitalTriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech
TriNet (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D , to Arvo Tech , a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions
Company NewsTalent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds
Workday ’s latest report, The Global State of Skills, highlights a growing concern among business leaders: 51% fear future talent shortages, and only 32% feel confident in their workforce’s skills for long-term success. As AI reshapes indus
Venture CapitalIndia’s HR SaaS Star Darwinbox Raises $140M to Expand HR Tech Disruption into the U.S.
Indian HR tech startup Darwinbox has raised $140 million in a funding round co-led by KKR and Partners Group, positioning itself to compete with Deel and Rippling. The company, which provides an all-in-one SaaS platform for hiring, onboardi
Venture CapitalHeyMilo Secures $2.2 Million to Interview and Evaluate Candidates at Scale with AI Agents
HeyMilo , an AI-powered candidate screening platform, has secured $2.2 million in seed funding led by Canaan Partners, highlighting the growing demand for AI-driven hiring solutions. HeyMilo automates the early interview process using AI ag
Company NewsDocebo Reports $57M Q4 Revenue & $217M Annual Revenue, Driven by AI-Powered Learning
Docebo Inc. (NASDAQ: DCBO; TSX: DCBO), a leader in AI-driven learning platforms, reported strong financial results for Q4 and fiscal year 2024. The company achieved $57 million in Q4 total revenue (16% YoY growth) and $216.9 million for the
ColumnWorkday and Randstad Partner to Transform Hiring with AI
Workday and Randstad have partnered to revolutionize talent acquisition by integrating Workday’s AI-powered Recruiting Agent with Randstad’s vast talent network. This collaboration streamlines the hiring process, allowing recruiters to inst
EarningsAdecco Group Q4 2024 Earnings Report: Revenue at €5.87 Billion, Net Profit Exceeds Expectations at €73 Million
The Adecco Group reported Q4 2024 revenue of €5.87 billion, a 5% organic decline. Despite revenue contraction, the company saw improving momentum, with net profit surpassing forecasts at €73 million. CEO Denis Machuel highlighted cost reduc
Company NewsZipRecruiter Announces Fourth Quarter and Full Year 2024 Results
ZipRecruiter reported annual revenue of $474 million, with Adjusted EBITDA reaching $78 million, representing a 16% margin. However, the company also posted a net loss of $12.9 million, resulting in a -3% net income margin. Despite macroeco
ColumnWorkday Reports $8.446B Revenue in FY2025, Subscription Growth Hits 16.9%
Workday reported robust financial results for fiscal 2025, highlighting significant year-over-year growth in both total and subscription revenues. Fourth quarter total revenues reached $2.211 billion, up 15%, while subscription revenues ros
Company NewsAlight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth
Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue grow
EarningsFiverr Reports 13% Q4 Revenue Growth, Unveils AI and Freelancer Equity Initiatives
Fiverr delivered an exceptional 2024 performance, closing the year with double-digit revenue growth and a 20% Adjusted EBITDA margin in Q4. Despite a decline in marketplace revenue and active buyers, the company saw significant gains in ser
Venture CapitalKKR Acquires Stake in HRM Platform Employment Hero from SEEK Investments
KKR, a leading global investment firm, has acquired a stake in Employment Hero, a prominent HR management platform, from SEEK Investments. Despite this transaction, the SEEK Growth Fund will continue as a material investor in the company. E
Company NewsTriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook
TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record w
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 NewsUpwork Reports Fourth Quarter and Full Year 2024 Financial Results
Upwork reported record-breaking financial results for Q4 2024 and the full year 2024 , achieving all-time highs in revenue ($769.3M, up 12%) , GAAP net income ($215.6M, up 360%) , and adjusted EBITDA ($167.6M, up 129%) . The company also sa
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
Company NewsInsperity Announces Fourth Quarter and Full Year 2024 Results
Insperity (NYSE: NSP), a leading HR solutions provider, reported its Q4 2024 and full-year 2024 financial results, with revenues reaching $6.6 billion for the year, a 1% increase year-over-year. Net income stood at $91 million , while adjus
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