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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300ZipRecruiter Brings Breakroom to U.S., Delivering 1M+ Real Workplace Ratings for Frontline Jobs
ZipRecruiter has launched Breakroom in the U.S., a workplace rating platform designed for frontline industries such as retail, hospitality, and logistics. With over one million employee ratings, Breakroom offers role- and location-specific
Company NewsZipRecruiter Q2 2025 Revenue Hits $112.2M, Signals Possible Q4 YoY Growth
ZipRecruiter reported Q2 2025 revenue of $112.2 million, with a net loss of $9.5 million (−8% margin) and Adjusted EBITDA of $9.3 million (8% margin). Despite a still-soft labor market, sequential growth in Paid Employers since Q4 2024 and
Venture CapitalLaurel Secures Strategic Investment from Workday Ventures to Transform AI Time Tracking in Professional Services
Laurel, the world’s first AI Time platform for professional services, has raised $100 million in Series C funding led by IVP, with participation from GV and 01A. The investment will accelerate Laurel’s mission to solve the “time intelligenc
Company NewsUpwork Reports Second Quarter 2025 Financial Results
Upwork reported strong Q2 2025 financial results, with record revenue of $194.9 million , GAAP net income of $32.7 million , and adjusted EBITDA of $57.1 million , marking a 17% profit margin and a record 29% EBITDA margin. The company rais
EarningsAdecco Group H1 2025 Results: Market Share Rises Despite Revenue Decline and Margin Pressures
The Adecco Group, a global leader in workforce solutions, released its Half-Year 2025 results today, showing a strong gain in market share amid continued macroeconomic uncertainty and structural headwinds in key markets such as Germany. Whi
Company NewsPaylocity Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results
Q4 2025 Recurring & Other Revenue of $369.9 million, up 14% year-over-year Q4 2025 Total Revenue of $400.7 million, up 12% year-over-year FY 2025 Recurring & Other Revenue of $1,471.8 million, up 15% year-over-year FY 2025 Total Revenue of
Venture CapitalEmployee Navigator Raises $100M to Fuel AI-Powered HR and Benefits Platform Expansion
Employee Navigator , a leading U.S.-based benefits administration and HR software provider, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity. This minority investment facilitated a $120
Venture CapitalBullhorn acquires TargetRecruit and expands Salesforce ecosystem to 150,000 users
Bullhorn , a global leader in staffing software, has acquired TargetRecruit , a Houston-based Salesforce-native provider of recruitment solutions. This strategic move expands Bullhorn’s reach in healthcare staffing, particularly in the high
Venture CapitalUnmind Announces $35M In New Funding to Transform Workplace Mental Health
Unmind , a global leader in workplace mental health solutions, has raised $35 million in new funding led by TELUS Global Ventures. The investment will accelerate its U.S. expansion and enhance its AI-powered platform, which integrates thera
Company NewsFiverr Q2 2025 Earnings: $108.6M Revenue Driven by AI & Managed Services
Fiverr reported solid second-quarter 2025 results, with total revenue reaching $108.6 million, up 14.8% year-over-year. The growth was driven primarily by AI-related services, the strong performance of Fiverr Pro’s Managed Services, and a s
Company NewsADP Delivers Strong FY25 Results with $20.6B Revenue, Sets Confident Outlook for FY26
ADP reported strong results for fiscal year 2025, with revenue growing 7% to $20.6 billion and adjusted diluted EPS rising 9% to $10.01. Both its Employer Services and PEO Services divisions delivered 7% revenue growth, fueled by high clien
Venture CapitalSan Francisco’s Sparrow Secures $35M Series B to Tackle Global Leave Compliance with AI
Sparrow , the first end-to-end leave management platform designed for modern, global companies, has raised $35 million in Series B funding led by SLW, bringing its total funding to $64 million. The company leverages AI and compliance expert
Venture CapitalWingspan Raises $24M Series B in New York to Scale Embedded Contractor Payroll Platform for the $1.4T Flexible Workforce Market
Wingspan , a modern contractor payroll platform, has raised $24 million in Series B funding led by Touring Capital, bringing its total funding to $54 million. The funding will support the rollout of Wingspan Embed—an API-first contractor ma
Company NewsJulius AI Raises $10M to Democratize Data Analysis With AI Agents
Julius AI has raised $10 million in funding led by Bessemer Venture Partners, Y Combinator, and other notable investors to democratize AI-powered data analysis. The platform allows non-technical users to analyze data, generate visualization
Company NewsKforce Posts $334M Q2 Revenue, EPS Up 31% QoQ Despite Demand Constraints
Kforce Inc. reported Q2 2025 revenue of $334.3 million and diluted EPS of $0.59, representing a sequential increase amid ongoing macroeconomic uncertainty. Technology and Finance & Accounting (FA) Flex segments both saw modest growth from Q
EarningsTriNet Announces Second Quarter 2025 Results & Reaffirms Full Year 2025 Guidance
TriNet reported its Q2 2025 earnings, maintaining total revenue at $1.238 billion, essentially flat year-over-year. Despite a 4% decline in average WSEs and an 8% drop in professional services revenue, the company reaffirmed its full-year g
Venture CapitalgoHappy Announces Strategic Growth Investment from Pamlico Capital to Accelerate Innovation in Frontline Employee Engagement
goHappy , a Richmond-based provider of app-free frontline employee engagement solutions, has received a strategic growth investment from Pamlico Capital to accelerate innovation and product expansion. Serving over 1 million frontline worker
Venture CapitalSan Francisco’s Ashby Lands $50M Series D to Advance Enterprise Recruiting Innovation
Ashby, a San Francisco-based intelligent hiring platform, has secured a $50 million Series D round led by Alkeon Capital, doubling its valuation since the Series C. The funding follows significant growth—customer count rose from 1,300 to 2,
Venture CapitalOhio-Based Propel People Secures $3M to Tackle Construction Labor Shortages with AI
Propel People ,an AI-driven, mobile-first hiring platform tailored for skilled trades, has raised a $3 million seed round led by 1848 Ventures. The Ohio-based startup addresses the labor shortage crisis in the construction industry, where 9
Venture CapitalBetterComp Secures $33M Series A to Expand into New Markets & Advance AI in Compensation Practices
BetterComp , a compensation management software provider based in Walnut Creek, California, has secured $33 million in Series A funding led by Ten Coves Capital. This marks the company’s first institutional funding after years of bootstrapp
NewsManpowerGroup Reports 2nd Quarter 2025 Results
Revenues of $4.5 billion (flat as reported, -3% constant currency (CC), -1% organic CC) Latin America and Asia Pacific continued to experience good demand while demand in Europe and North America saw stabilizing trends in many mark
Product NewsSalary.com Launches Elevate to Transform Pay and Career Conversations Between Employers and Employees
New Portal Provides a Secure, Centralized Hub for Job Description Management, Pay Communications, and Career Pathing to Align HR, Employees, Managers, and Executives WALTHAM, Mass., July 16, 2025 - Salary.com , the global leader in compensa
HotNewsJob Boards Are Dying—AI Is Becoming the New Hiring Front Door
In July 2025, Japanese HR services giant Recruit Holdings announced a sweeping reorganization of its HR technology division, cutting approximately 1,300 jobs , or 6% of the department’s global workforce. The restructuring directly impacts i
NewsTorch Acquires AI Learning Company Praxis Labs to Redefine Coaching as a Catalyst for Organizational Change
Torch, a contextual coaching platform, has acquired Praxis Labs, an AI-powered learning platform known for its research-backed simulations, skill assessments, and AI coaching. This strategic acquisition aims to bridge the persistent gap bet
Venture CapitalWorkleap Acquires Barley to Unite Performance and Compensation in One AI-Powered HR Platform
Workleap , a Montreal-based HR technology leader, announced on July 7, 2025 the acquisition of Barley , an end-to-end compensation management platform. By integrating Barley into its AI-powered Workleap Suite—already used by over 20,000 com
Company NewsFranklinCovey 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
Venture CapitalLumApps and Beekeeper Merge to Form $1B+ AI Employee Hub for the Future of Work
LumApps and Beekeeper , two founder-led leaders in workplace technology, are merging in a Bridgepoint-backed deal that values the combined company at over $1 billion . The new entity will serve 7 million users across 2,000+ organizations ,
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 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
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