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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300When AI Does the Work, Who Manages the Worker?
From banking agents to skills acquisitions, today's deals force a question HR hasn't fully answered yet.
AI & AutomationKastle Raises $24M Series A Led by Insight Partners to Build the AI Workforce for Banking Operations - PR Newswire
Kastle, a startup building autonomous AI agents for banking back-office operations, has closed a $24M Series A led by Insight Partners. The round underscores rising investor appetite for purpose-built 'AI workforce' platforms — digital workers designed to handle domain-specific operational tasks in regulated industries — and sharpens the strategic question facing HR and people-ops leaders in financial services: how to govern, integrate, and manage a workforce that increasingly blends human and AI workers.
Funding & InvestmentEarly Anthropic hire, former METR COO have found a way to rein in rogue AI agents
Artificial Intelligence Underwriting Company (AIUC), co-founded by an early Anthropic hire and the former COO of AI safety evaluator METR, has reportedly raised $40 million in a Series A led by Ribbit Capital. According to TechCrunch, the startup is building technology to detect and constrain rogue AI agents, with a business model centered on AI safety and underwriting — not HR technology.
HR Leadership & Executive MovesAscensus Appoints Edward Greene as Chief Human Resources Officer - PR Newswire
Ascensus, a retirement and benefits services firm, has named Edward Greene as its new Chief Human Resources Officer. No further details — including Greene's background, prior employer, or strategic mandate — were disclosed in the company's announcement.
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...
Korn Ferry to Acquire UK-Based AMS for Approximately £850M, Creating a Global Talent and Organizational Consulting Leader
Korn Ferry will acquire UK-headquartered AMS from OMERS Private Equity for approx. £850M / $1.1B. The combined firm will have 16,000+ colleagues, operate across 120+ countries, and place a professional in a job about...
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...
London-Based Global Employment and Payroll Platform RemotePass Raises $17.4M Series B Led by EBRD Venture Capital
RemotePass raised $17.4M in Series B funding led by EBRD Venture Capital, with participation from 500 Global, Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. The platform now supports 35,000+ workers across 150+ cou
Venture CapitalPhenom Acquires Plum to Verify What AI Can’t Fake: Human Behavior at Work
Phenom has acquired Plum , following its February 2026 acquisition of Be Applied, to complete a full-spectrum assessment stack for AI-era hiring. Plum’s Role Model™ maps behavioral blueprints against 40,000+ jobs and claims 4x greater accur
Product NewsAI Fraud Detection Platform deepidv Secures $1M Seed and Launches Deepfake Defense Suite
Toronto-founded identity verification startup deepidv has raised a $1 million seed round while expanding operations to San Francisco and launching a comprehensive AI-powered fraud detection suite designed to combat the rapidly growing threa
Venture CapitalNew England AI Hiring Startup Boomband Raises $4.0M Seed Led by Boston Seed
Boomband has raised a $4.0 million seed round to launch an AI-native talent marketplace aimed at rehumanizing the hiring process. Founded by Jeff Taylor , creator of Monster.com , the company positions itself as a structural alternative to
Venture CapitalPrinciple Raises $2M to Bring Pentagon Wargaming to Corporate Boardroom Strategy Planning
San Francisco–based Principle has raised $2 million in pre-seed funding to commercialize military-grade wargaming techniques for corporate strategy teams. The Strategic Foresight AI platform builds digital twins of companies, competitors, r
Venture CapitalBenepass Raises $40M Series B to Redesign Employer Benefits for Rising Healthcare Costs
Benepass announced a $40 million Series B funding round led by Centana Growth Partners , with participation from FoW Partners and existing investors Portage Ventures and Threshold Ventures. The New York–based benefits capital management pla
Company NewsWorkday Commits CAD $1 Billion Investment in Canada Over Five Years
Workday has announced plans to invest CAD $1 billion in Canada over the next five years, reinforcing its long-term commitment to the Canadian market and its rapidly growing customer base. The investment will focus on expanding local technol
Venture CapitalOneSource Virtual Announces Strategic, Majority Growth Investment from TA
OneSource Virtual (OSV), a leading provider of HR and payments services purpose-built for the Workday ecosystem, has announced a strategic, majority growth investment from global private equity firm TA Associates. Founded in 2008, OSV deliv
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 Capital401GO Secures $33M Series B to Scale Its Unified 401(k) Infrastructure
401GO has secured a $33 million Series B round led by Centana Growth Partners, marking a significant milestone in the fast-changing retirement technology market. As a fully-owned and vertically integrated 401(k) platform, 401GO differentiat
Venture CapitalEquifax Announces Acquisition of Vault Verify
Equifax has completed its acquisition of Vault Verify, strengthening its position as a leading provider of employment and income verification services. By integrating Vault Verify’s real-time API-driven verification technology, Equifax enha
Venture CapitalDeel Raises $300M Series E, Valued at $17.3B, Eyes Expansion into 100+ Countries
In October 2025, Deel secured a landmark $300 million Series E funding , led by Ribbit Capital alongside existing backers such as Andreessen Horowitz and Coatue, lifting its valuation to $17.3 billion . This round comes amid a period of str
Venture Capitalzvoove Acquires adata Software to Build Germany’s First Fully Integrated Cloud ERP for Facility Management
zvoove, the leading software and AI provider for staffing, security, and cleaning industries, has acquired adata Software GmbH to strengthen its presence in Germany and expand its cloud ERP offering for the facility management sector. The a
Company NewsParafin and Gusto Launch Payroll Bridge: Line of Credit to Help 400K+ SMBs Pay Staff on Time
Parafin and Gusto have partnered to launch Payroll Bridge, a payroll line of credit designed to help small businesses cover payroll during cash flow gaps. Integrated directly into Gusto’s platform, the solution ensures employees are paid on
Venture CapitalLos Angeles HR Tech Startup Welcome Tech Secures $7.5M to Expand AI-Driven Immigrant Services
Welcome Tech, a Los Angeles-based digital platform dedicated to serving immigrant workforces, has raised $7.5 million to expand its AI-powered infrastructure. With over 4.5 million registered members, the company connects immigrants to jobs
Company NewsChime and Workday Partner to Deliver a Comprehensive Employee Financial Wellness Solution to Millions
Workday has named Chime its Strategic Financial Wellness Partner, making Chime Workplace available to Workday customers via Workday Wellness. Workday serves 11,000+ organizations (including 60% of the Fortune 500), positioning this integrat
Company NewsThoma Bravo in Advanced Talks to Acquire Dayforce in $11B Take-Private Deal
Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in p
Venture CapitalWingspan Raises $24M Series B in New York to Scale Embedded Contractor Payroll Platform for the $1.4T Flexible Workforce Market
Wingspan , a modern contractor payroll platform, has raised $24 million in Series B funding led by Touring Capital, bringing its total funding to $54 million. The funding will support the rollout of Wingspan Embed—an API-first contractor ma
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
Venture CapitalCheckr Expands into Employment Verification with Acquisition of Truework
Checkr has announced its acquisition of Truework , a major player in income and employment verification. This strategic move allows Checkr to expand beyond background checks into the multi-billion dollar employment verification industry. Tr
Venture CapitalCoAdvantage & 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
Venture CapitalTalent 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
Company NewsDayforce 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
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