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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300San 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 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
Product NewsPaylocity Advances One Unified HCM and Finance Platform with Launch of Integrated Spend Management Solution
Paylocity has launched “Paylocity for Finance,” expanding its modern HCM platform into the Office of the CFO by integrating Airbase’s award-winning spend management technology. This unified solution enables organizations to manage payroll a
Venture CapitalCopenhagen-Based Kiku Raises €4M Seed to Build AI Infrastructure for Frontline Hiring
Kiku, a Copenhagen-based startup, has secured €4 million in seed funding to accelerate the expansion of its AI agent for frontline hiring across Europe. The company’s virtual agent, Sara, automates candidate screening, note-taking during in
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
Company NewsPapaya Global and Worksome Partner to Transform the $2 Trillion Contingent Workforce Market for Enterprise Clients
Papaya Global and Worksome have formed a strategic partnership to transform how enterprises manage and pay their contingent workforce. As freelancers and contractors now make up 40% of the global labor market, this integration combines Papa
Product NewsiCIMS Introduces New AI Capabilities for Smarter Sourcing and Recruiting
iCIMS has launched a new wave of AI-powered enhancements to streamline talent acquisition workflows, reduce manual effort, and improve candidate and recruiter experiences. The summer release introduces three key AI assistants—for candidate
Venture CapitalEudia Acquires Johnson Hana to Build World's First AI-Augmented Human Workforce
Eudia has acquired Johnson Hana to create the world’s first AI-augmented human workforce focused on legal services. By combining Eudia’s agentic AI platform with Johnson Hana’s elite legal consultants, the company pioneers a new model where
NewsLightcast 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
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
Venture Capitalzvoove Acquires mywage to Expand into UK with AI-Powered Payroll Platform
zvoove , a European leader in cloud solutions for the staffing and service industries, has announced its acquisition of mywage , a UK-based HR and payroll SaaS provider. This strategic move expands zvoove's presence into the UK — the third-
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
Company NewsDHI Group Cuts 25% of Workforce at Dice Amid Strategic Restructuring
DHI Group (NYSE: DHX), the parent of tech-focused job boards Dice and ClearanceJobs, announced a 25% workforce reduction as part of a strategic restructuring. This decision follows an earlier 8% layoff in January and will result in $4.2 mil
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 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 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
Venture CapitalWorkWhile Secures $23 Million Series B, Fueling AI-Powered Revolution in $650B Staffing Industry
WorkWhile , an AI-driven labor platform transforming the $650B staffing industry, has raised $23 million in a Series B round led by Rethink Impact. The company leverages machine learning to match businesses with reliable hourly workers, ach
Product NewsSmartRecruiters Launches Agentic AI Hiring Platform
SmartRecruiters has unveiled a groundbreaking agentic AI hiring platform featuring Winston, an embedded AI companion that streamlines every stage of the hiring journey. With SmartOS at its core, the system automates repetitive tasks like sc
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 CapitalWedgeHR Raises Strategic Funding to Scale Video Hiring Platform Across North America
WedgeHR, an HR tech innovator in video interviewing, has announced a new strategic funding round led by a consortium of HR tech veterans and growth investors. The round includes BDev Ventures and several seasoned operators, with new board a
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
Company NewsIndeed CEO Chris Hyams Steps Down After 15-Year Tenure; Deko Returns to Lead
Chris Hyams has officially stepped down as CEO of Indeed after nearly 15 years of leading the world’s largest job platform. In a heartfelt letter to the team, Hyams reflects on his journey from VP of Product to CEO, overseeing Indeed’s expo
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
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,
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