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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Mercor Raises $350 Million Series C, Hits $10 Billion Valuation Amid AI Workforce Boom
In a major recent development, Mercor has announced a USD 350 million Series C round, led by Felicis with participation from Benchmark, General Catalyst and Robinhood Ventures—bringing the company’s valuation to approximately USD 10 billion
Product NewsWorkday Introduces New Custom AI Model Library to Power Smarter, Faster Contract Reviews
Workday has unveiled its new Custom AI Model Library for the Workday Contract Intelligence Agent , powered by Evisort. With over 120 pre-built AI models , this release enhances Workday’s enterprise AI capabilities by enabling automatic cont
Venture CapitalU.S. Startup Casium Secures $5 M for AI-Driven Employer Immigration Platform (Seattle)
Casium has raised USD 5 million in a seed round led by Maverick Ventures, joined by AI2 Incubator, GTMfund, Success Venture Partners and angel investor Jake Heller. The firm helps enterprises convert immigration into a workforce-planning ad
Venture CapitalMagic Raises $10 M Seed to Power AI-Driven Personalisation in Hospitality
Magic , a New York-based startup, has emerged from stealth with its flagship product, Loyalist , an AI-powered CRM platform aimed at the hospitality industry. The company has raised a $10 million seed round led by Lerer Hippeau and other pa
Venture CapitalDeel Raises $300M Series E, Valued at $17.3B, Eyes Expansion into 100+ Countries
In October 2025, Deel secured a landmark $300 million Series E funding , led by Ribbit Capital alongside existing backers such as Andreessen Horowitz and Coatue, lifting its valuation to $17.3 billion . This round comes amid a period of str
Venture CapitalAragorn AI Raises $4.3M Seed Round to Usher HR into the Intelligence Era
Aragorn AI ,, a Dallas-based HR technology startup, has raised $4.3 million in seed funding led by LiveOak Ventures , with participation from Dallas Venture Capital , bringing its total funding to $5.5 million . Founded in 2022 by siblings
Product NewsMega HR launches Megan, an AI recruiter integrated with Greenhouse
In the rapidly evolving HR tech landscape, Mega HR has just launched Megan , the first fully functional AI recruiter embedded directly into Greenhouse. Megan automates time-consuming tasks — from outreach and resume screening to interview
Product NewsDaybright Launches AI Suite to Reinvent Employee Benefits Enrollment
Daybright Financial has introduced a new suite of AI-powered tools aimed at radically simplifying the employee benefits experience. These solutions include AI-generated benefit guides, microsites, personalized communications, decision suppo
Product NewsTeambridge unveils new AI workforce platform, automating the future of hourly workforce management at scale
In a major step toward transforming workforce operations, Teambridge today launched Teambridge AI , a first-of-its-kind outcome-oriented platform built specifically for contingent and hourly workforces. While most AI efforts have focused on
Company NewsUKG, the Workforce Operating Platform, Launches Global Rebrand and Campaign, “When Work Works, Everything Works”
UKG has unveiled its global rebrand and new campaign, “When Work Works, Everything Works,” positioning itself as the world’s Workforce Operating Platform. The refreshed brand identity highlights UKG’s AI-powered HR, payroll, and workforce m
Company NewsWorkday Completes Acquisition of Paradox, Launches AI-Powered Candidate Experience Agent
Workday has officially completed its acquisition of Paradox, a leading AI-powered candidate experience platform. By integrating Paradox with HiredScore and Workday Recruiting, Workday now offers a unified, end-to-end talent acquisition suit
Product NewsTrackforce Launches ReportPro AI to Elevate Security Incident Reporting with Real-Time AI Assistance
Trackforce has launched ReportPro AI, a groundbreaking enhancement to its TrackTik platform, aimed at transforming incident reporting for security teams. The solution leverages real-time AI to improve reporting accuracy, generate instant ex
Company NewsADP Nominates Karen S. Lynch and Robert H. Swan to Board of Directors
ADP has nominated Karen S. Lynch, former CEO of CVS Health, and Robert H. Swan, former CEO and CFO of Intel, to its Board of Directors ahead of the November 12, 2025, Annual Meeting of Stockholders. With decades of leadership experience acr
Venture CapitalEmployee Navigator Acquires Velocity’s AI Plan Builder; Debuts In-House AI Plan Build Beta for Open Enrollment
Employee Navigator announced the acquisition of Velocity Benefits’ AI-powered plan building software and unveiled two major AI initiatives ahead of open enrollment. The Velocity tool will be integrated and listed in the Employee Navigator M
Company NewsWorkTrial AI Launches First Hiring Platform Replacing Resumes & Interviews with Real Work
WorkTrial AI has launched a groundbreaking hiring platform that replaces resumes and interviews with immersive real-work trials. Using its proprietary Signal Engine, the platform captures candidate actions across tools like GitHub, Slack, a
Company NewsJosh Bersin Company Research Reveals How Talent Acquisition Is Being Revolutionized by AI
The Josh Bersin Company has released new research, in collaboration with AMS, revealing how AI is revolutionizing talent acquisition (TA). The $850 billion global recruiting market is undergoing a seismic shift from manual, fragmented recru
Venture CapitalWorkday Signs $1.1B Deal to Buy Sana, Bringing AI Agents and Learning Tools to 75M Users
Workday has announced a definitive agreement to acquire Sana, an AI-driven enterprise knowledge platform, for approximately $1.1 billion . Founded in 2016, Sana is known for its AI-powered products—Sana Learn and Sana Agents—used by over on
Venture CapitalKlaar Secures $5M Series A to Redefine AI-Driven Performance Management in the U.S.
Klaar , an AI-powered performance management platform built by HR leaders, has secured $5 million in Series A funding led by Prime Venture Partners and officially launched in the U.S. The platform addresses widespread dissatisfaction with o
Company NewsNew Workday Global Research: Stalled Career Growth Is Driving Top Talent to Quit
Workday’s latest Global Workforce Report reveals a silent but accelerating crisis inside organizations: stalled career growth, rising attrition of top performers, and unclear AI strategies are pushing talent out the door. Promotions are dow
Company NewsADP Unveils AI Features Built for HR's Biggest Challenges at Innovation Day 2025
At its 2025 Innovation Day, ADP unveiled new AI-powered features across Workforce Now®, ADP Global Payroll®, and ADP Lyric HCM®, designed to solve HR’s biggest pain points. The enhancements, built on ADP Assist, focus on proactive payroll a
Product NewsFountain Launches Frontline OS to Cut New Hire Screening Time of Frontline Workers by up to 98% and Boost Retention by 50% Through Agentic AI
Fountain has launched Frontline OS , an AI-native operating system designed for the world’s 2.7 billion frontline workers. Powered by Copilot AI with Anthropic’s Claude models, the platform automates hiring, onboarding, scheduling, complian
Venture CapitalUtah’s Sequifi Raises $6.7M to Reduce Turnover in Skilled Trades with Same-Day Pay
Sequifi , a Utah-based workforce infrastructure platform for the home services industry, has raised $6.7 million in seed funding led by Cervin Ventures with participation from Frazier Group and Tokyo Black. The company aims to address sever
Company NewsWorkday Q2 FY26 Revenue Rises 12.6% to $2.35B, Raises Full-Year Guidance
Workday reported strong fiscal 2026 Q2 results with total revenue of $2.35 billion, up 12.6% year-over-year, driven by 14% growth in subscription revenue. Operating income more than doubled, while non-GAAP operating margin reached 29%. Net
Venture CapitalWorkday to Acquire Paradox, Expanding AI-Powered Hiring Suite for Frontline and Back Office Workers
Workday has signed a definitive agreement to acquire Paradox, the AI-driven candidate experience platform known for its conversational recruiting assistant Olivia. With Paradox, Workday aims to deliver a fully AI-powered talent acquisition
Venture CapitalDayforce Enters into US$12.3 Billion Definitive Agreement with Thoma Bravo to Become a Private Company
Dayforce , a global leader in human capital management (HCM) technology, has announced a definitive agreement to be acquired by Thoma Bravo in an all-cash deal valued at US$12.3 billion. Under the agreement, Dayforce shareholders will recei
Company NewsUKG Appoints Jim Joudrey as Chief Technology Officer
UKG , a global leader in AI-first HR, payroll, and workforce management solutions, has appointed Jim Joudrey as Chief Technology Officer. With over two decades of experience at Amazon, Salesforce, and AWS, Joudrey will lead UKG’s 4,000+ eng
Company NewsThoma Bravo in Advanced Talks to Acquire Dayforce in $11B Take-Private Deal
Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in p
Company NewsWorkday and DailyPay Partner to Deliver On-Demand Pay Across U.S. and Canada
Workday and DailyPay have announced a strategic partnership to provide on-demand pay solutions for millions of workers across the U.S. and Canada. The integration with Workday HCM and Payroll will allow employees, particularly frontline and
Product NewsDeel Launches AI Workforce with 7 Specialized Agents to Transform HR and Payroll
Deel has launched its AI Workforce , a new platform feature designed to help global HR and payroll teams manage administrative workloads through AI-powered agents. With seven specialized AI agents for functions like hiring, payroll, complia
Company NewsWorkday Confirms Data Breach Linked to Social Engineering Attacks
Workday confirmed a security incident in which attackers accessed a third-party customer relationship database and stole personal contact information (names, emails, phone numbers). Workday says there’s no indication of access to customer t
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