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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Minneapolis 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 CapitalMarsh McLennan Agency to Acquire Accel Holdings, Adding 130+ Employees and Seven Midwest Offices
Marsh McLennan Agency will acquire Iowa-based Accel Holdings, Inc. The Accel Group has 130+ employees and 7 offices across Iowa, Illinois, Missouri and Kansas, spanning insurance, employee benefits, agribusiness, wealth and retirement advis
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
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
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...
Chuhai.tips Launches HR Services in China to Help Global Companies Connect with Trusted Local HR Service Providers
Chuhai.tips has introduced HR Services in China, a dedicated service entry point helping global companies connect with trusted China-based HR service providers across EOR, payroll, recruitment, employment compliance, benefits, HR outsourcing, and workforce operations....
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...
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
ColumnADP Q3 Earnings: $5.9B Revenue Driven by AI and Client Funds Interest
ADP reported strong Q3 Fiscal 2026 results, with revenue increasing 7% to $5.9 billion and adjusted diluted EPS rising 10% to $3.37. The company also raised its full-year guidance, now expecting revenue growth of 6–7% and EPS growth of 10–1
Venture CapitalTriNet Acquires Cocoon to Strengthen Compliance-First Leave Management for SMBs
TriNet (NYSE: TNET) has entered into a definitive agreement to acquire Cocoon , a leave management platform founded in 2020. The deal adds compliance-first leave workflows, real-time leave tracking, integrated claims filing, and automated p
Venture CapitalGusto Acquires Mosey to Build End-to-End Compliance Infrastructure for SMBs
Gusto has acquired Mosey to expand its capabilities beyond payroll and HR into end-to-end compliance management for small businesses. Serving over 400,000 businesses, Gusto aims to integrate state and local registrations, filings, renewals,
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 CapitalNew York Savings Infrastructure Platform Vestwell Raises $385M to Expand AI-Native Capabilities
Vestwell has raised $385 million in Series E funding, doubling its valuation since its 2023 Series D. The round was led by Blue Owl Capital and Sixth Street Growth, with participation from major institutional investors including Neuberger B
Company NewsTriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance
TriNet reported FY2025 revenue of $5.010B (-1% YoY), with average WSEs down 5% to 333,886. Adjusted EBITDA reached $425M (8.5% margin) and Free Cash Flow rose 16% to $234M. FY2026 revenue guidance: $4.75B–$4.90B. Stock repurchase authorizat
Venture CapitalGusto Partners with zerohash to Enable Instant Global Stablecoin Payouts
Gusto has partnered with zerohash to introduce instant, global stablecoin payout capabilities across its payments platform, currently available in beta. By integrating zerohash’s regulated, enterprise-grade onchain settlement infrastructur
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
Product NewsDianaHR Deploys First Production-Grade "HR Agent" to Automate Employee Onboarding
DianaHR has announced the launch of its Agentic Onboarding system, marking what the company describes as the first production-grade AI “HR Agent” capable of executing end-to-end employee onboarding with minimal human intervention. Designed
Company NewsPaychex Delivers 18% Revenue Growth in FY2026 Q2, Accelerated by Paycor Acquisition and AI Innovation
Paychex reported strong second-quarter results for fiscal year 2026, delivering 18% year-over-year revenue growth and continued progress toward its long-term strategy of building a comprehensive, AI-enabled human capital management platform
Company NewsWorkday Announces Fiscal 2026 Third Quarter Financial Results
Workday delivered another strong quarter in fiscal 2026 Q3, underscoring both the resilience of its core subscription business and the early returns from its AI strategy. Total revenue rose 12.6% year-over-year to $2.432 billion, with subsc
Company NewsTriNet Q3 2025 Earnings — Revenue $1.2 Billion with Adjusted EBITDA of $100 Million
TriNet Group, a leading HR solutions provider for small and midsize businesses, reported Q3 2025 revenue of $1.2 billion, down 2% year over year. Net income fell to $34 million ($0.70 per share), while adjusted EBITDA reached $100 million (
Product NewsDaybright Launches AI Suite to Reinvent Employee Benefits Enrollment
Daybright Financial has introduced a new suite of AI-powered tools aimed at radically simplifying the employee benefits experience. These solutions include AI-generated benefit guides, microsites, personalized communications, decision suppo
Venture CapitalSureCo Secures $23M Series A to Expand ICHRA Platform for Large Employers
SureCo , a Santa Ana–based health benefits technology company specializing in Individual Coverage Health Reimbursement Arrangements (ICHRA) for large employers, has raised $23 million in Series A funding led by Health Velocity Capital and
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
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 CapitalDianaHR Secures $3.7M Seed to Disrupt SMB HR with AI-Powered HR-as-a-Service
DianaHR , a San Francisco–based startup founded by former Gusto Head of Engineering Upeka Bee, has raised a $3.7 million seed round led by SNR Ventures with participation from General Catalyst, Y Combinator, and unicorn founders from Mercur
Venture CapitalGusto to Acquire Guideline, Creating a Unified HR and Retirement Platform for Small Businesses
Gusto has announced an agreement to acquire Guideline , a leading retirement benefits platform serving over one million people and 65,000 small businesses. The deal, pending final approvals, aims to create a unified solution for payroll, HR
Company NewsWorkday Q2 FY26 Revenue Rises 12.6% to $2.35B, Raises Full-Year Guidance
Workday reported strong fiscal 2026 Q2 results with total revenue of $2.35 billion, up 12.6% year-over-year, driven by 14% growth in subscription revenue. Operating income more than doubled, while non-GAAP operating margin reached 29%. Net
Product NewsZipRecruiter Brings Breakroom to U.S., Delivering 1M+ Real Workplace Ratings for Frontline Jobs
ZipRecruiter has launched Breakroom in the U.S., a workplace rating platform designed for frontline industries such as retail, hospitality, and logistics. With over one million employee ratings, Breakroom offers role- and location-specific
Venture CapitalLockton Announces Acquisition of Employee Experience Company
Lockton, the world's largest privately held insurance brokerage, has announced the full acquisition of Benefits Communication Insourcing (BCI), a move that underscores its commitment to enhancing employee experience and benefits strategy so
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