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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300CoAdvantage 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 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
Venture CapitalAya Healthcare Acquires Locum’s Nest to Advance Innovative Workforce Solutions in the UK
Aya Healthcare, the largest healthcare staffing and talent software company in the U.S., has acquired Locum’s Nest, a leading U.K.-based digital workforce platform that connects clinicians with open NHS shifts. This acquisition aims to comb
Venture CapitalNew York-Based Warp Raises $18M Series A to Build AI-Driven Payroll and Compliance Platform for Startups
Warp , a New York-based HR and payroll automation startup, announced it has raised $18 million in Series A funding , bringing its total funding to $24 million . The round was led by Sound Ventures , with participation from Y Combinator , HO
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
Company NewsWorkday Achieves Top AI Certifications, Reinforcing Commitment to Responsible AI
Workday has achieved two significant AI certifications: ISO 42001 and alignment with the NIST AI Risk Management Framework. These accreditations demonstrate Workday’s commitment to responsible and ethical AI practices, offering customers gr
Venture Capitalai.work Launches from Stealth with $10M Seed to Build Autonomous AI Employees for Enterprises
Tel Aviv- and New York-based startup ai.work has emerged from stealth with a $10 million seed round led by A * and lool ventures , unveiling a new AI Worker platform built to automate internal enterprise operations. Founded by Maor Ezer an
Product NewsSymmetry Introduces Fast, Compliant I-9 Verification for Onboarding and Payroll Providers in Partnership with WorkBright
Symmetry has partnered with employment verification leader WorkBright to launch " Symmetry I-9 " a new solution designed to streamline and automate the I-9 employment verification process for onboarding and payroll providers. This collabora
Product NewsGreenhouse Launches Dream Job To Fix Job Hunting and Boost Candidates' Chances Of Getting Hired
Greenhouse, a leading hiring software platform, has launched “Dream Job,” a new feature designed to counteract the inefficiencies of modern job hunting in the AI era. With job applications doubling since ChatGPT's release and recruiters ove
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 NewsWorkday Unveils Next Generation of Illuminate Agents to Transform HR and Finance Operations
Workday introduces new Illuminate Agents, a suite of advanced AI tools designed to revolutionize HR and financial operations. These agents automate key processes including contingent hiring, contract negotiations, accounting documentation,
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 CapitalRippling Raises $450M in Series G, Valuation Soars to $16.8B as YC Becomes a Customer
Rippling has raised $450M in a Series G round, boosting its valuation to $16.8B. The round includes investors like Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator. A $200M tender offer accompanies
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,
Company NewsQuantum Workplace Names Joe Holland as Chief Executive Officer to Lead Next Phase of Growth and Innovation
Quantum Workplace, a leading provider of employee engagement and performance management solutions, has appointed Joe Holland as its new CEO, marking a significant leadership transition as Co-Founder Greg Harris steps into a board role after
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
Venture CapitalSan Francisco-Based TeamOhana Expands Funding to Launch AI Agents for Finance, HR, and Talent Collaboration
TeamOhana, a strategic headcount management platform, has secured $7.5 million in seed funding, bringing its total funding to over $11.5 million. The company plans to expand its AI-driven "Agentic AI" workforce planning platform, which acts
Product NewsMicrosoft Reinvents HR Intelligence: Inside the Launch of People Skills and Skills Agent in Microsoft 365 Copilot
— A New Era of Skills-Based Talent Strategy Powered by AI In a move that may redefine the landscape of enterprise HR technology, Microsoft has officially launched People Skills , a powerful new data layer within Microsoft 365 Copilot and Vi
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 NewsSalary.com Unveils Agentic AI Platform for HR and Compensation
Salary.com has launched the first-ever Agentic AI platform tailored specifically for HR and compensation professionals. By integrating advanced agentic AI and large language models (LLMs), this platform automates complex workflows, enables
Venture CapitalArtisan Raises $25M Series A to Build Autonomous AI Sales Workforce
Artisan has secured a $25 million Series A round led by Glade Brook Capital to expand its AI-driven sales platform. Known for its bold slogan “Stop hiring humans,” Artisan offers AI employees called "Artisans" to autonomously perform sales
Product NewsJobot Launches Jax 6.0 Featuring AI Fast Track
Jobot , the AI-powered recruiting and consulting firm, has unveiled Jax 6.0, the latest version of its proprietary recruiting platform designed to accelerate hiring and enhance candidate engagement. With intelligent features like Fast Track
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 CapitalPaychex Completes Acquisition of Paycor
Paychex has officially acquired Paycor in an all-cash transaction valued at approximately $4.1 billion. This strategic deal merges two HCM powerhouses and aims to create the industry's most comprehensive and flexible AI-driven HR and payrol
Company NewsPerceptyx Appoints Ross Wainwright as Chief Executive Officer
Perceptyx , a leader in AI-powered employee experience solutions, has appointed Ross Wainwright as CEO to accelerate global growth. With prior leadership roles at SAP, Alida, and NTT, Wainwright brings deep SaaS expertise and a customer-cen
Company NewsUKG Appoints Former Autodesk CIO Prakash Kota to Lead Global Tech and AI Strategy
UKG has appointed Prakash Kota as its new Chief Information Officer, marking a strategic move to enhance its global HR and workforce management offerings. With over two decades of experience in enterprise technology, including his recent ro
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