Search results for “benefits management”
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Allvia , backed by Trinity Hunt Partners, acquires HR Pals to expand its workforce services platform. HR Pals, founded in 2014 in Los Angeles, provides HR outsourcing across compliance, payroll coordination, benefits, and employee relations
Venture CapitalOrigin Raises $30M Series A+ to Build Global Benefits Intelligence Platform
Origin has raised $30M Series A+ led by Notion Capital, bringing total funding to $50M+ in 12 months. Its AI-powered platform, Cuido™, helps enterprises unify fragmented global benefits data, improve visibility, and reduce costs — with clie
Venture CapitalRemote Acquires Atlas to Expand Global Expense and Benefits Management
Remote has completed the acquisition of Atlas, a global expense management solution, marking a strategic expansion of its global employment operating system into financial operations. As companies increasingly hire beyond their headquarters
Venture CapitalLondon-Based Ben Raises $27.5m Series B to Modernize Global Employee Benefits
Ben , a London-based AI-native employee benefits platform, has raised $27.5 million (£20.8m) in Series B funding to accelerate product development and expand its go-to-market capabilities for global enterprises. The round was led by Mercia
Venture CapitalEmployee Navigator Acquires Velocity’s AI Plan Builder; Debuts In-House AI Plan Build Beta for Open Enrollment
Employee Navigator announced the acquisition of Velocity Benefits’ AI-powered plan building software and unveiled two major AI initiatives ahead of open enrollment. The Velocity tool will be integrated and listed in the Employee Navigator M
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
Product NewsAlight Elevates Employer-employee Benefits Experience With Second Release of Alight Worklife® for 2025
Alight has released the second major update of its Alight Worklife® platform for 2025, reinforcing its AI-powered capabilities across employee benefits administration. This release enhances five key areas: health, wealth, wellbeing, navigat
Venture CapitalLondon-based Origin Secures $21M Series A to Revolutionize Global Benefits Intelligence
Origin today launched the world’s first Global Benefits Intelligence platform, securing $21 million in a Series A led by Felix Capital (with Acadian Ventures and Notion Capital). Powered by its AI engine Cuido™, Origin centralizes and struc
Venture CapitalPalo Alto-Based Lumber Raises $15.5M Series A to Transform AI-Powered Construction Workforce Management
Lumber , an AI-powered workforce management platform for the construction industry, has secured a $15.5 million Series A funding led by Foundation Capital , with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and F
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
Venture CapitalSelerix Acquires TBX® to Create an All-in-One Benefits Administration SaaS Platform
Selerix , a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® ( TBX® ), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a com
Product NewsTriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses
TriNet, a leader in HR solutions for small and medium-size businesses (SMBs), has launched its enhanced HR Plus offering, an Administrative Services Organization (ASO) solution. Designed to simplify HR, payroll, and benefits management, the
Product NewsWEX Launches Two AI Pilots for Benefits Administration
WEX has introduced two AI-powered solutions, Benefit Assistant and BeneFITwise Premier, within its benefits administration platform, My Benefit Express . These pilots aim to streamline benefits decision-making for employees while reducing H
Product NewsAlight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams
Alight , Inc., a leader in human capital and technology-enabled services, has partnered with Avanade to integrate its Alight Worklife® platform with Microsoft Teams. This collaboration aims to simplify benefits access and enhance employee w
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 $
Product NewsSAP SuccessFactors Second Half 2024 Product Release: Embedding AI Across SAP SuccessFactors HCM
The SAP SuccessFactors 2H 2024 release brings over 250 innovative features, including 30 new AI capabilities designed to transform HR management. Key updates include enhanced AI-driven job recommendations, skills architecture creation, and
Product NewsNava Benefits Launches AI Assistant to Simplify Employee Benefits Management
Nava Benefits has introduced the Nava Benefits Assistant, powered by OpenAI, to transform how employees interact with their benefits. This AI-driven assistant provides real-time information on deductibles, out-of-pocket expenses, and medica
Venture CapitalZeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce
Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat
Venture CapitalSeries A Success: Thatch Secures $38M to Reinvent Health Benefits for All
Thatch , a health benefits platform, announced a $38 million Series A funding round led by General Catalyst and Index Ventures, aimed at decoupling health insurance from employment. The investment will enhance Thatch's technology and expand
Venture CapitalFleet Accelerates with $2.5M Seed Round: Driving the Future of Commuter Benefits
Fleet has announced the closure of its $2.5 million seed round led by Congruent Ventures, reaching a total of $5 million in venture capital. This funding supports Fleet's focus on enhancing its commuter benefits management platform, whic
Company NewsAlight Names Dave Guilmette as Chief Executive Officer
Alight , Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transitio
Company NewsSalesforce and Workday Form Strategic Partnership, Unveil New AI Employee Service Agent
Salesforce and Workday have announced a strategic partnership to develop an AI-powered employee service agent that enhances productivity, lowers costs, and improves employee experiences. By integrating Salesforce's CRM data with Workday's H
Company NewsAlight's $1.2 Billion Sale of Payroll and Professional Services Business to H.I.G. Capital: Introducing Strada
Alight , Inc. (NYSE: ALIT), a leading human capital technology and services provider, has completed the sale of its Professional Services and Payroll & HCM Outsourcing businesses to H.I.G. Capital for up to $1.2 billion. The newly independe
Product NewsBenefit Harbor Unveils BHAI: A Revolutionary AI Platform to Enhance HCM & Workforce Management
Benefit Harbor , a leader in Benefit Administration for over 2.8 million individuals, has announced the launch of BHAI, an AI-driven platform that revolutionizes benefits management for ERP users. This platform provides customized benefits,
Venture CapitalClasp Secures $1.5 Million in Seed Funding to Revolutionize Employee Benefits Management
Clasp has been launched with a $1.5M funding round led by Base10 Partners, aiming to revolutionize the employee benefits sector by offering an API-driven infrastructure service. Co-founded by Amar Jasarbasic and Zach Zhang, Clasp seeks to a
Venture CapitalAtlas: The Argentine Startup Revolutionizing Global Contractor Benefits with $2.75 Million in Seed Extension Funding
Karen Serfaty, Gianina Rossi, and Josefina Van Thienen, engineers from Argentina, identified a common issue for contractors working for U.S.-based companies—managing taxes and receiving payments in non-local currency. To address these chall
Company Newsbswift Launches Next-Generation Mobile App for Effortless Benefits Management
bswift , a leader in benefits administration technology, has unveiled its latest innovation: a next-generation mobile app designed to revolutionize benefits management. Catering to a diverse, multi-generational workforce, the app offers sea
Venture CapitalKota Secures €5M Seed Funding: Revolutionizing Employee Benefits Management
Kota, a Dublin-based startup previously known as Yonder, has successfully raised €5 million in Seed funding. The funding round was spearheaded by EQT Ventures and saw participation from Northzone and Frontline Ventures. Established in 2022,
Venture CapitalMicro1's Game-Changing $1.3M Raise: Revolutionizing AI in Engineering Recruitment
Micro1 , an LA-based engineering recruitment company, has successfully raised $1.3 million in a new funding round, surpassing its initial goals. Founded by Ali Ansari, a UC Berkeley alumnus and seasoned entrepreneur, Micro1 leverages AI to
Company NewsAspirion Selects PrimePay to Streamline People Management and Enhance Employee Experience
WEST CHESTER, July 25, 2023 — PrimePay , the human capital management (HCM) company for growing businesses, announced that Aspirion, a leading technology-enabled healthcare revenue cycle management provider for complex claims and revenue i
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