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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Lightcast Acquires Rhetorik to Expand Global People, Company, and Labor Market Intelligence
Lightcast , a global labor market intelligence leader, has acquired UK-based Rhetorik to significantly enhance its data capabilities. This strategic acquisition brings together Lightcast’s demand-side labor insights with Rhetorik’s supply-s
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
Product NewsCoachHub Announces Official Rollout of AIMY™, Empowering the Global Workforce with an AI-driven Coaching Solution Accessible to Employees of All Levels
CoachHub has officially launched AIMY™, its AI-powered coaching solution now available to all clients. Rooted in behavioral science and built on a foundation of real coaching frameworks, AIMY™ delivers continuous, personalized guidance—voic
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 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 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
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
Company NewsWorkday Announces New AI Agent Partner Network and Agent Gateway to Power the Next Generation of Human and Digital Workforces
Workday has unveiled the Agent Partner Network and Agent Gateway at DevCon 2025, introducing a transformative shift in workforce management by integrating AI agents into the enterprise ecosystem. With partners like AWS, Microsoft, Google Cl
Product NewsgoHappy Launches Frontline Referrals to Transform Hourly Workforce Hiring
goHappy, a leader in frontline employee engagement, has launched Frontline Referrals , a revolutionary tool designed to modernize hourly worker recruitment. This no-app, text-based solution enables frontline staff to refer friends and forme
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,
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 NewsOutdated HR Systems Cost Government $1 Billion Annually, New Workday Report Shows
PLEASANTON, Calif. , May 12, 2025 -- A new report from Workday, Inc . (NASDAQ: WDAY ), the AI platform for managing peopl e , money , and agents , reveals that outdated federal human resources systems are costing taxpayers nearly $1
Product NewsDarwinbox Becomes First HCM Platform Globally to Launch Its Own Model Context Protocol (MCP) Server
Darwinbox has become the first global Human Capital Management (HCM) platform to launch its own Model Context Protocol (MCP) Server, marking a major leap toward enabling secure, intelligent collaboration between AI agents and enterprise sys
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
Venture CapitalEngagedly Acquires hiringtool.co, a Next-Gen AI Applicant Tracking Platform (ATS), in Strategic Acquisition
On May 7, 2025, Engagedly, an AI-powered talent management platform, announced its acquisition of hiringtool.co, a GenAI-first applicant tracking system (ATS) tailored for startups and SMEs. This strategic move integrates intelligent hiring
Product NewsHumantelligence Unveils Ask Aura™: The Next Evolution in AI-Powered Workplace Coaching for Leaders, Managers & Teams
Humantelligence has introduced Ask Aura™, an AI-driven coaching assistant that delivers real-time, personalized guidance to employees, especially managers, to improve communication, collaboration, and leadership skills directly within tools
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 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
Company NewsiHire Launches All-in-One, AI-Powered Recruitment Management Solution iHire360
iHire has unveiled iHire360, an all-in-one, AI-powered recruitment management platform designed to help small and medium-sized businesses (SMBs) streamline their hiring processes. By integrating AI technology with personalized hiring suppor
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 CapitalWorkStep Acquires WorkHound to Strengthen Frontline Engagement Capabilities Across Logistics and Industrial Sectors
WorkStep has officially acquired WorkHound, a frontline employee feedback platform, in a strategic move to deepen its impact on frontline workforce engagement. By combining WorkStep’s data-driven insights and WorkHound’s real-time feedback
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
Company NewsPapaya Global Announces CFO, CPO, and Key Executive Appointments to Drive Innovation and Expansion
Papaya Global , a leading workforce payroll and payments platform, has announced significant leadership changes to bolster its global expansion. Erez Simha joins as CFO, bringing vast IPO and M&A expertise, while Amit Levi is promoted to CP
Venture CapitalIntuit to Acquire HR Platform GoCo to Build End-to-End HR Suite for SMBs
Intuit has announced its agreement to acquire GoCo, an HR and benefits platform focused on small and mid-market businesses. This strategic acquisition aims to transform Intuit’s Payroll into a full Human Capital Management (HCM) solution by
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