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Intermezzo Secures $10M to Revolutionize Global Payroll Infrastructure with AI-Driven Automation - FF News
Intermezzo, a Menlo Park-based AI-native global payroll infrastructure company, has raised a $10 million seed round led by Crosslink Capital, with participation from UKG Ventures, CloudPay, Character Capital, Behind Genius Ventures and other investors. Founded by former Intuit and Velocity Global technology leaders Siddharth Ram and Kumar Ramanathan, the company is building an API-first payroll infrastructure layer for HCM platforms, EOR providers and payroll bureaus.
Intermezzo raises $10M for payroll infrastructure - Axios
Intermezzo, a payroll infrastructure startup, has secured $10 million in new funding to expand its platform. The raise highlights continued investor appetite for modernising the foundational layer of the HR-tech stack that powers workforce payments.
Venture CapitalU.S. Electrician Staffing Platform Buildforce Raises $10M Series A for National Expansion
Buildforce raised a $10M Series A led by Saepio Capital, with Blue Heron Capital, Revolution’s Rise of the Rest Seed Fund, S3 Ventures and Chicago Ventures participating. The electrician staffing platform reports 2M+ work hours across 2,000
Venture CapitalLumApps to Acquire Comeen, Connecting Digital Employee Experience with the Physical Workplace
LumApps has signed a definitive agreement to acquire Comeen, a workplace experience platform focused on space management, digital signage, and visitor services, in a move that expands LumApps’ AI Employee Hub from digital employee experienc
Venture CapitalTrayd Raises $10M to Transform Payroll for Specialty Trade Contractors with 31× Productivity Gains
Trayd raises $10M Series A led by White Star Capital, bringing total funding to $15M. Its construction payroll platform cuts processing time from 14 hours to 27 minutes while handling union rules, multi-state taxes, and compliance. Targets
Venture CapitalChicago-based Yourco Raises $6M Series A and Launches AI-Powered Frontline Intelligence Platform
Chicago-based workforce communication platform Yourco has launched Frontline Intelligence , an AI-powered capability designed to transform everyday frontline employee communication into real-time operational insights. Built on the company’
Venture CapitalHealthStream Acquires MissionCare Collective, Adding the Nation’s Largest Caregiver Network with myCNAjobs.com, which Becomes the Company’s Third Career Network
HealthStream (Nasdaq: HSTM) announced the acquisition of MissionCare Collective LLC, bringing myCNAjobs.com —described as the nation’s largest caregiver network—into its workforce solutions ecosystem as the company’s third “Career Network,”
Venture CapitalMagic Raises $10 M Seed to Power AI-Driven Personalisation in Hospitality
Magic , a New York-based startup, has emerged from stealth with its flagship product, Loyalist , an AI-powered CRM platform aimed at the hospitality industry. The company has raised a $10 million seed round led by Lerer Hippeau and other pa
Venture CapitalSan Francisco Startup Juicebox Secures $36M Total Funding to Redefine Talent Search
Juicebox , a San Francisco-based startup founded by David Paffenholz and Ishan Gupta, has raised a $30 million Series A led by Sequoia Capital, bringing its total funding to $36 million. The company’s flagship product, PeopleGPT, uses AI to
Company NewsOpenAI Bets on the Future of Work With AI-Powered Jobs Platform and Skills Certifications
OpenAI has announced its upcoming AI-powered hiring platform , the OpenAI Jobs Platform, set to launch in mid-2026 . Positioned as a direct competitor to LinkedIn, the service will leverage AI to match businesses with workers, offering dedi
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
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 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
Company NewsAlight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth
Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue grow
Company NewsPaycom 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
Venture CapitalAgentic 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
Venture CapitalPayfare Enters into Definitive Agreement to be Acquired by Fiserv
Payfare Inc., a global leader in Earned Wage Access (EWA) and digital banking for workforces, has entered into a definitive agreement to be acquired by Fiserv, Inc., a leading financial services technology provider. The all-cash deal values
Company NewsPaychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions
Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi
ColumnADP National Employment Report: Private Sector Employment Increased by 146,000 Jobs in November; Annual Pay was Up 4.8%
The November ADP National Employment Report reveals a 146,000-job increase in the private sector, with annual pay up by 4.8% year-over-year. This independent report, derived from anonymized payroll data from over 25 million employees, offer
Company NewsPeople Analytics Teams Still Struggle to Deliver Business Impact, Warns The Josh Bersin Company
A new study by The Josh Bersin Company highlights the challenges facing People Analytics teams worldwide. Despite increasing investments, only 10% of teams deliver high-level business impact. To avoid marginalization, experts urge a shift t
EarningsAlight Reports $555M Revenue and $75M Stock Repurchase in Q3 2024
Alight , Inc., a leader in cloud-based human capital technology, reported a revenue of $555 million for Q3 2024, marking a slight decrease from the previous year. Despite a net loss of $44 million, Alight's gross profit improved, reaching $
Venture CapitalAtlantic International Acquires Staffing 360: Creating a Leading Human Capital Powerhouse
Atlantic International Corp. and Staffing 360 Solutions, Inc. have entered into a definitive merger agreement aiming to establish a leading company in human capital management, workforce solutions, and outsourced services. With projected co
EarningsTrueBlue Reports 19% Revenue Decline in Q3 2024 but Accelerates Digital Transformation to Drive Future Growth
TrueBlue, a leading workforce solutions provider, reported its third-quarter 2024 financial results, highlighting a 19% year-over-year revenue decline to $382 million and a net loss of $8 million. Despite challenging market conditions, the
Venture CapitalVahan.ai Secures $10M in Series B Funding to Expand AI-Driven Blue-Collar Recruitment Across India
Vahan.ai, an AI-driven recruitment platform focused on India’s gig workforce, has raised $10 million in a Series B funding round led by Khosla Ventures. Key participants include Y Combinator and Paytm's Vijay Shekhar Sharma. The funding wil
Product NewsSpring Health Introduces First Manager Solution to Provide Leaders with Personalized Mental Health Support
Spring Health has launched a groundbreaking manager experience solution within its platform, aimed at supporting workplace leaders by providing essential resources for mental health and leadership development. This comprehensive offering in
Venture CapitalStride Funding, Now Clasp, Closes More Than $10 Million Oversubscribed Venture Round Led by Crosslink Capital
Clasp, formerly known as Stride Funding, has closed an oversubscribed venture round of over $10 million led by Crosslink Capital, bringing its total funding to more than $30 million. Focused on reducing student debt and improving talent ret
Venture CapitalPayoneer Expands Global Footprint with Strategic Acquisition of Skuad for $61 Million
Payoneer, a global leader in cross-border payment solutions, has announced its acquisition of Singapore-based HR and payroll startup Skuad for $61 million. This strategic move is aimed at strengthening Payoneer's position in the global fint
Product NewsCangrade Launches Innovative Candidate Matching and Internal Talent Marketplace for Enhanced Recruitment and Employee Engagement
Cangrade has unveiled two groundbreaking products, Candidate Matching and Internal Talent Marketplace, designed to revolutionize recruitment efficiency and employee engagement. These AI-driven tools optimize talent acquisition and interna
Venture CapitalCultureAI Secures $10M to Transform Human Risk Management in Cybersecurity
CultureAI, a leading Human Risk Management Platform, secured $10 million in Series A funding led by Mercia Ventures and Smedvig Ventures, with continued support from Passion Capital and Senovo. Despite extensive investments in security trai
Venture CapitalAmsterdam based Carv raises $10M to offload admin from recruiters and realize recruiter-AI synergy
Carv, a recruitment AI company based in Amsterdam, has secured $10 million in seed funding from investors including Global Founders Capital and prominent angel investors. The funding aims to accelerate Carv's growth and enhance its platform
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