Search results for “software”

Canada-Based Ribbon Lands $8M to Build the AI-First Hiring Platform for High-Turnover Industries

Ribbon , an AI-native hiring platform, aims to fix the broken recruitment system by offering intelligent, voice-based interviews and real-time analytics that drastically reduce hiring times and improve candidate experiences. Backed by $8M i

Mar 31, 2025

Paychex Reports Q3 FY2025 Revenue of $1.51B and Adjusted EPS of $1.49, Announces Paycor Acquisition to Close in April

Paychex , Inc. reported a solid third quarter for fiscal 2025, achieving 5% year-over-year revenue growth and 6% growth in operating income. The company recorded $1.49 in adjusted diluted EPS, up 8% from the prior year. Notably, Paychex ent

Mar 26, 2025

Spain’s HR Tech Firm Factorial Secures $120M in Non-Dilutive Funding to Accelerate Expansion in Germany, France, and Italy

Factorial , the Barcelona-based HR tech unicorn, has secured an additional $120 million in non-dilutive funding from General Catalyst, bringing its total borrowings from GC’s Customer Value fund to $200 million . This investment will fuel F

Mar 20, 2025

First HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis

The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat

Mar 7, 2025

TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech

TriNet (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D , to Arvo Tech , a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions

Mar 6, 2025

CoAdvantage & PrimePay Merge to Elevate HR Tech for SMBs

Aquiline Capital Partners has announced the merger of its portfolio companies, CoAdvantage and PrimePay , to enhance human capital management (HCM) services for small- and mid-sized businesses. This strategic combination aims to offer a mor

Mar 5, 2025

Talent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds

Workday ’s latest report, The Global State of Skills, highlights a growing concern among business leaders: 51% fear future talent shortages, and only 32% feel confident in their workforce’s skills for long-term success. As AI reshapes indus

Mar 5, 2025

India’s HR SaaS Star Darwinbox Raises $140M to Expand HR Tech Disruption into the U.S.

Indian HR tech startup Darwinbox has raised $140 million in a funding round co-led by KKR and Partners Group, positioning itself to compete with Deel and Rippling. The company, which provides an all-in-one SaaS platform for hiring, onboardi

Mar 5, 2025

Paychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends

Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to c

Feb 27, 2025

ZipRecruiter Announces Fourth Quarter and Full Year 2024 Results

ZipRecruiter reported annual revenue of $474 million, with Adjusted EBITDA reaching $78 million, representing a 16% margin. However, the company also posted a net loss of $12.9 million, resulting in a -3% net income margin. Despite macroeco

Feb 26, 2025

AI-Driven Hiring Platform Mercor Secures $100M Series B, Reaching $2B Valuation Amid Rapid Growth

Mercor , an AI-driven recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B funding round, valuing the company at $2 billion. Led by Felicis, with participation from Benchmark, General Catalyst

Feb 20, 2025

Talent Intelligence Leader Loxo Raises $115M to Revolutionize AI Recruiting with Tritium Partners Investment

Loxo , a leading AI-powered talent intelligence platform, has secured a $115 million growth investment led by private equity firm Tritium Partners . This funding will accelerate AI and product development , further solidifying Loxo's positi

Feb 20, 2025

KKR Acquires Stake in HRM Platform Employment Hero from SEEK Investments

KKR, a leading global investment firm, has acquired a stake in Employment Hero, a prominent HR management platform, from SEEK Investments. Despite this transaction, the SEEK Growth Fund will continue as a material investor in the company. E

Feb 18, 2025

Upwork Reports Fourth Quarter and Full Year 2024 Financial Results

Upwork reported record-breaking financial results for Q4 2024 and the full year 2024 , achieving all-time highs in revenue ($769.3M, up 12%) , GAAP net income ($215.6M, up 360%) , and adjusted EBITDA ($167.6M, up 129%) . The company also sa

Feb 13, 2025

Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results

aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj

Feb 12, 2025

Agentic AI Startup Integrail Announces $10 Million in Seed Funding, New CEO to Drive Uptake of New Platform Enabling Any Business to Create AI Workers

Integrail , a San Francisco-based Agentic AI startup, has raised $10 million in seed funding and appointed Peter Guagenti as CEO to drive adoption of its AI-powered no-code platform. The AI Studio platform enables businesses to create and d

Feb 12, 2025

Paylocity Announces Second Quarter Fiscal Year 2025 Financial Results

Paylocity reported strong financial results for Q2 FY2025, with total revenue reaching $377.0 million, a 16% YoY increase. Recurring & other revenue grew 17% YoY to $347.7 million, driven by strong sales and product innovation. GAAP operati

Feb 7, 2025

Paycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex

Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million , while net loss significantly narr

Conversational AI Leader Paradox Acquires People Analytics Platform Eqtble to Advance AI Vision

Paradox , a leader in conversational AI for talent acquisition, has acquired people analytics platform Eqtble . The acquisition aims to enhance AI-driven hiring intelligence by integrating Eqtble's expertise in workforce analytics with Para

Workday Announces Workforce Reduction of 1,750 Employees to Optimize Operations

Workday (NASDAQ:WDAY) is cutting 1,750 jobs, representing about 8.5% of its workforce, as part of a broader initiative to improve operational efficiency and refocus on core business areas. Despite the layoffs, Workday plans to continue hiri

Dayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth

Dayforce , a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6

Deel Secures New Investors in $300M Secondary Share Sale, Achieves $800M Run-Rate

Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a se

Feb 4, 2025

SquarePeg Raises $3.5M to Revolutionize AI-Driven Recruiting for Lean HR Teams

SquarePeg has raised a $3.5 million seed round led by Next Frontier Capital, with participation from Acadian Ventures, Bread & Butter Ventures, and Silicon Road Ventures, to refine its AI-driven candidate evaluation platform. Designed for m

Feb 3, 2025

Coursera Reports Fourth Quarter and Full Year 2024 Financial Results

Coursera (NYSE: COUR) announced its Q4 and full-year 2024 financial results, reporting $694.7 million in revenue for the year, a 9% increase from 2023. The company achieved positive Adjusted EBITDA of $41.5 million , marking a financial tur

Jan 30, 2025

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For Ninth Time, UKG Ranked #1 in North American Midmarket Use Case in the Gartner Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises Report

UKG has been ranked highest for the ninth consecutive year in the 2024 Gartner® Critical Capabilities for Cloud HCM Suites for 1,000+ Employee Enterprises in the North American Midmarket Use Case. Their AI-driven UKG Pro HCM suite empowers

Jan 28, 2025

Product News

Paylocity Launches New Recruiting Features to Transform High-Volume Hiring

Paylocity has announced new features in its Recruiting platform to address the challenges of high-volume hiring, particularly in industries like retail and hospitality. These enhancements include streamlined recruiter scheduling, candidate

Jan 23, 2025

Belfry Raises $12 Million Series A to Accelerate Innovation and Growth

Belfry Software , a platform designed for physical security providers, announced it has raised $12 million in Series A funding, led by Base10 Partners, with contributions from Bienville Capital and Aglaé Ventures. The funding increases Belf

Jan 22, 2025

Canada-Based Borderless AI Secures $5M Seed Extension, Raising Total Funding to $32M for HR Tech Innovation

Borderless AI has introduced HRGPT, a transformative AI-powered search engine designed specifically for HR teams and employees. HRGPT enables real-time retrieval of internal HR data and external HR regulations while providing transparency t

Jan 17, 2025