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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.
HR TechnologyThe Mid-Funnel Is Crowded — and Everyone's Trying to Own It
From consolidation plays to California's AI hiring crackdown, today's news circles one pressure point: who controls candidate evaluation, and under what rules.
SkillsRight acquires hellohive to fold resume tech into its skills-first talent platform
SkillsRight, a nonprofit building skills-first workforce tools, has acquired hellohive, a resume platform that helps candidates showcase skills. hellohive's technology will fold into SkillsRight's talent-intelligence ecosystem; deal terms were not disclosed.
Recruiter.com Acquires AI Hiring Platform Feenyx - Pulse 2.0
Recruiter.com has acquired Feenyx, an AI-powered hiring platform, bolstering its artificial-intelligence capabilities within its recruiting marketplace and services portfolio. Financial terms and integration timelines were not disclosed.
Hackajob Gets a New Name, UKG Adds Voice
Three HR-tech signals in one: Hackajob is reportedly operating under a new name (details undisclosed), UKG has added voice capabilities to its platform, and Linkup's August 2026 U.S. jobs report shows active listings holding nearly flat at roughly 4.96 million.
Venture CapitalMinneapolis Workforce Trust Platform Yardstik Raises $30M Series B, Bringing Total Funding to $65M
Yardstik raised $30M in Series B funding led by Harbert Growth Partners, bringing total funding to $65M. The Minneapolis HR tech company reported 149% YoY revenue growth, 98% account retention and 99.4% customer satisfaction as it expands c
Venture CapitalFlip Raises $25 Million to Bring AI to Deskless Workers at Risk of Being Left Behind by the AI Revolution
Flip has raised $25M to expand AI access for frontline and deskless workers. Existing investors Notion Capital and HV Capital increased their stakes, while L-Bank joined as a new investor. Funding will support Fusion and Frontline Identity.
Venture CapitalLattice Acquires Pando to Accelerate the Shift from Periodic Reviews to AI-Native Continuous Performance
Lattice has acquired Pando , the just-in-time performance platform. Pando founder and CEO Barbra Gago will join Lattice as Chief Marketing and Strategy Officer. The deal adds progression, evidence-based calibration and real-time performance
Venture CapitalCheckr Acquires Truv, Expanding Into a $45 Billion Identity and Verification Market
Checkr has acquired Truv, expanding its AI-powered verification platform into government benefits eligibility while strengthening mortgage verification. Truv’s network reaches 96% of the U.S. workforce; Checkr serves 140,000+ customers glob
Venture CapitalCareerminds Acquires Jobrapido, Expanding From Outplacement to a Global Workforce Transition Platform
Careerminds has acquired Jobrapido , combining career transition services, AI-powered career technology and labor market intelligence with a global independent job marketplace connecting millions of job seekers. Financial terms were not dis
Venture CapitalSan Francisco Humanoid Robotics Startup Avatar Robotics Raises $6.5M Seed Round Led by AlleyCorp
Avatar Robotics raised a $6.5M Seed round led by AlleyCorp, with a pre-seed led by defy.vc. Since launching in Dec. 2025, its humanoid robots have packed, sorted, and helped ship 900,000+ products across live warehouse environments, with 24
Company NewsADP Reports $21.95 Billion in Fiscal 2026 Revenue as AI Adoption Accelerates Across HCM, Service, and Sales
ADP closed fiscal 2026 with broad-based growth across revenue, earnings, client retention, and AI-enabled product adoption. Full-year revenue increased 7% to $21.95 billion, while net earnings rose 8% to $4.41 billion. Adjusted EBIT reached
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
Company NewsSegal Survey Projects Health Plan Cost Trend to Reach 15-Year Historic Highs Driven by GLP-1s, Inflation, AI, and Surprise Billing Arbitration
Segal’s 2027 Health Plan Cost Trend Survey projects that the median cost trend for employer-sponsored medical plans will reach 9.9%, approaching a 15-year high, while prescription drug costs are expected to rise 11.5%. Based on responses re
Product NewsPaylocity Launches Ignite AI Agents Across Payroll, Recruiting and Workforce Analytics
Paylocity launched Ignite AI, a platform-wide suite of AI agents for payroll, recruiting, time, workforce insights and data quality. A centralized Ignite AI Hub lets organizations control active agents, monitor adoption and measure producti
HR Tech and HR Executive Name the 2026 Top 100 HR Tech Influencers
The 2026 Top 100 HR Tech Influencers includes 32 new honorees—a sign that influence in HR tech is expanding beyond established analysts to executives, podcasters and community builders. Who is shaping how your organization...
Energage and Engagedly Merge to Unite AI Talent Management, Employee Engagement and Employer Brand
Energage and Engagedly have merged to create a unified platform spanning employee engagement, performance, learning, recognition, development and employer brand. Energage brings insights from 30M+ employee surveys across 80,000 organizations. EXTON, Pa.–Energage, the HR...
DecisionHR Acquires Minnesota-Based PEO Paymasters to Expand Midwest HR Outsourcing Presence
DecisionHR, a Coalesce Capital portfolio company, has acquired Minnesota-based PEO Paymasters, expanding its HR outsourcing and PEO footprint across the Midwest and strengthening its presence in the Upper Midwest. Coalesce Capital has over $1.8B...
Corestream Secures Strategic Investment from Lightyear Capital to Accelerate Product Innovation and Platform Expansion
Lightyear Capital has made a strategic investment in Corestream, a voluntary benefits and employee savings technology platform. Founded in 2006, Corestream serves over 6M employees and reconciled more than $500M in payroll premiums in...
Paychex Reaches $6.512B in FY2026 Revenue as Paycor Integration and WISE AI Engine Drive Momentum
Paychex reported FY2026 revenue of $6.512B, up 17%, with adjusted operating income rising 19% to $2.815B. Q4 revenue increased 12% to $1.606B, supported by Paycor integration and growth across Management Solutions, PEO, insurance, and...
Thrive Acquires Incentiv to Close the Compensation Data Gap for Private Equity
Thrive TRM has acquired Incentiv, an executive compensation data network built for private equity firms and portfolio companies. Incentiv provides real-time benchmarks across cash, equity and incentive structures for more than 500 PE-backed companies....
Embark Acquires Workday Consulting Firm Commit to Expand CFO and CHRO Advisory Capabilities
Embark has acquired Commit, a high-growth consulting firm specializing in the Workday ecosystem. The deal marks Embark’s first transaction and expands its HCM advisory capabilities across Workday post-go-live support, AMS, platform optimization, HR modernization,...
Singapore-Based Global Payroll and HR Platform BIPO Secures US$50M Investment from Apis Partners to Expand Across 170+ Markets
Apis Partners has invested US$50 million in BIPO to accelerate the Singapore-headquartered company’s global expansion, disciplined M&A strategy, AI roadmap, and embedded financial services capabilities. BIPO, described as Asia Pacific’s leading payroll payment processing...
Greenhouse Launches New AI Capabilities Built to Strengthen Structured Hiring, Not Shortcut It
Greenhouse announced six new AI-powered hiring capabilities across recruiting workflows, including Greenhouse MCP, Analytics Chart Agent, Notetaker, AI Report Insights, Job Kickoff Agent, and Candidate Insights Agent. The company says appli
PartsSource Acquires SkillNet to Build Unified Clinical Asset and Workforce Intelligence Platform
PartsSource has acquired SkillNet , bringing workforce intelligence into its Enterprise Clinical Technology Platform. The move combines equipment performance, technician skills, AI-powered diagnostics, workforce readiness, and compliance ma
Lattice Promotes Sophie Hurcombe to Chief People and Operations Officer to Lead People + AI Transformation
Lattice has promoted Sophie Hurcombe from SVP, People to Chief People and Operations Officer. In the expanded role, she will lead AI transformation and company operations across People, Business Systems, and IT, as Lattice advances its Peop
Workday Launches New Tools for Developers to Build, Connect, and Verify AI Agents For HR, Finance, and IT
Workday unveiled three major AI agent capabilities at DevCon 2026: Developer Agent, Agent-Ready Tools, and Agent Passport. Developers can now build HR and finance agents using natural language in Claude Code, Cursor, Codex, Cline, and Googl
ZipRecruiter Launches New AI Feature to Automate Recruiter Outreach
ZipRecruiter® has launched Smart Outreach, an AI feature inside its Resume Database that turns job descriptions into personalized candidate message sequences. The tool can send up to 3 follow-ups and is built on a database of 50M+ job seeke
Greenhouse Completes Acquisition of Ezra AI Labs, Bringing Voice AI Interviews to the Top of the Hiring Funnel
Greenhouse has completed its acquisition of Ezra AI Labs, bringing structured voice AI interviewing into the hiring process. Ezra founder Ophir Samson joins Greenhouse as Head of Voice AI, while Ezra remains available as a standalone produc
Cornerstone Launches Workforce AI to Redefine Enterprise Workforce Readiness
Cornerstone has launched Cornerstone Workforce AI™, an intelligence platform for workforce readiness powered by Cornerstone People Graph™, Cornerstone Skills Engine, 55,000+ skills, 1B+ workforce profiles, labor market intelligence, and Rea
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