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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300FranklinCovey Reports Q3 FY2025 Results: Revenue Meets Guidance, Adjusted EBITDA Beats at $7.3M
FranklinCovey reported Q3 FY2025 revenue of $67.1 million, aligning with guidance, but down year-over-year due to macroeconomic headwinds and contract losses. The company posted a net loss of $1.4 million, including $4.7 million in restruct
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
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 CapitalWorkerbee Secures Founder-Led Investment to Accelerate Trusted Agentic AI Hiring Infrastructure
Workerbee , an agent-powered hiring platform, announced a strategic investment from its founding team to scale its AI infrastructure and accelerate growth. With Heiko Roth stepping in as CEO, the company aims to disrupt traditional hiring p
Venture CapitalVancouver’s Acorn Secures $12.3M to Advance Performance Learning Systems (PLMS)
Acorn , a Vancouver-based AI-powered performance and learning management platform, has secured $12.3 million in Series A funding led by Level Equity. The funding will accelerate product innovation and global expansion, coinciding with the l
Venture CapitalZorro Secures $20 Million in Series A to Transform the Healthcare Benefits Industry for Brokers, Employers and Employees
Zorro, an AI-powered insurtech platform, has raised $20 million in a Series A round led by Entrée Capital. The company leverages Individual Coverage Health Reimbursement Arrangements (ICHRA) to provide employers and employees with personali
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 CapitalUKG Acquires Shiftboard, a Leading Energy and Manufacturing Employee Scheduling Solutions Provider
UKG has acquired Shiftboard, a top scheduling software provider serving mission-critical sectors like oil and gas, energy, and manufacturing. Shiftboard’s platform optimizes union compliance, fatigue management, and 24/7 operations through
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
Product NewsYello Launches Hello App to Elevate Candidate Engagement at Campus Recruiting Events
Yello has launched Hello App, a mobile-first solution designed to enhance campus recruiting by streamlining candidate engagement during events. Tailored for early-career talent, Hello App centralizes event schedules, provides real-time upda
Venture CapitalLondon-based Origin Secures $21M Series A to Revolutionize Global Benefits Intelligence
Origin today launched the world’s first Global Benefits Intelligence platform, securing $21 million in a Series A led by Felix Capital (with Acadian Ventures and Notion Capital). Powered by its AI engine Cuido™, Origin centralizes and struc
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,
Company NewsPerceptyx Announces Activate for All, Giving Every Large Enterprise the Opportunity to Turn Listening Insights Into Action
Perceptyx has announced the expanded availability of its AI-powered behavior change solution, Activate, now compatible with any enterprise EX platform including Qualtrics, Medallia, and Viva Glint. The launch introduces new “Bring Your Own
Company NewsTrueBlue Board of Directors Unanimously Rejects Unsolicited Proposal from HireQuest
On May 13, 2025, TrueBlue Inc. (NYSE: TBI), a leading workforce solutions provider, publicly announced its Board of Directors has unanimously rejected an unsolicited acquisition proposal from HireQuest, Inc. The all-stock offer of $7.50 per
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
Venture CapitalUK-Based Ravio Secures $12M to Disrupt Outdated Salary Practices with Live Benchmarking Tools
Ravio , a London-based compensation data platform, has secured a $12 million Series A round led by Spark Capital to transform how companies manage pay. With outdated compensation benchmarks often based on data that is over a year old, Ravio
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
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
Product NewsHireClix Launches JobFlow SEO to Improve Employer’s Search Engine Optimization for Job Postings on Google and Beyond
HireClix has introduced JobFlow SEO , a new recruitment marketing solution designed to enhance the visibility of job postings across search engines like Google. Compatible with any applicant tracking system (ATS), this tool helps employers
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 CapitalChapel 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
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