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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300AI Is Rewriting Hiring From Both Ends — and the Liability Gap Is Showing
From agentic sourcing to algorithmic bias claims, today's news draws a sharp line between HR tech's ambitions and its accountability gap.
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.
Magentic raises $18M to build the AI workforce for the physical world
Magentic has raised an $18M Series A led by Felicis, with Sequoia Capital and The Westly Group participating. Its multi-agent digital workers manage procurement workflows end to end. Customers report 2–5% savings, 60% better data quality, and $4M found at one company.
Company NewsRevelio Labs Launches AI Labor Market Tracker, an Evidence-Backed, Real-Time Measure of AI's Impact on the Workforce
Revelio Labs launched its monthly AI Labor Market Tracker. Since Oct. 2022, demand for the most AI-exposed roles is down 42% versus the least-exposed, while AI-adopting firms show 27% stronger headcount growth. One external hire now require
Mercor to Acquire Deeptune, Strengthening Reinforcement Learning Environments for AI Agents
Mercor will acquire Deeptune, the New York-based creator of high-fidelity reinforcement learning environments for AI agents. Deeptune’s team, led by founder & CEO Tim Lupo, will join Mercor in NYC. The deal follows Deeptune’s...
Riviera Partners Acquires Lateral Labs to Expand AI and Machine Learning Talent Search Capabilities
Riviera Partners has acquired Lateral Labs, a specialized recruiting firm serving top AI startups. The deal expands Riviera’s AI and ML talent search capabilities from seed-stage startup through IPO, spanning research, infrastructure, engineering, product...
Company NewsOpenAI Appoints Arvind KC as Chief People Officer: Why Organizational System Design Is Now a Strategic AI Priority
OpenAI has appointed Arvind KC as its new Chief People Officer (CPO), a move that signals a decisive shift in how leading AI companies are thinking about scale, governance, and long-term competitive advantage. In an era where artificial int
Venture CapitalHandshake Acquires Cleanlab to Strengthen AI Data Quality Capabilities, Accelerating Its Shift From Recruiting Platform to AI Infrastructure Provider
Handshake, the AI data-labeling startup best known for its origins as a college recruiting platform, has acquired data auditing company Cleanlab in a talent-focused deal aimed at strengthening its research and data quality capabilities, the
Venture CapitalAI Compensation Platform Compa Secures $35M Series B for Real-Time Pay Intelligence
Compa , an AI-driven compensation intelligence platform headquartered in Newport Beach, California, has raised $35 million in Series B funding led by Jump Capital, with participation from Crosslink Capital, Storm Ventures, Permanent Capital
Company NewsOyster Announces New CEO to Scale AI-Enabled Global Employment, Impact in Emerging Markets
Oyster, a global employment platform and Employer of Record (EOR), has announced a leadership transition aimed at accelerating its next phase of AI-enabled global expansion. Founder and CEO Tony Jamous will move into the newly created role
Venture CapitalArya Health Secures $18.2M Series A to Power the Next Generation of AI Agents for Post-Acute Care Administration
Arya Health , a New York-based company, has secured a US $18.2 million Series A round to address the administrative burdens facing the post-acute care sector, which includes home health, hospice, and long-term care facilities. With regulati
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
Venture CapitalSan Francisco’s Sparrow Secures $35M Series B to Tackle Global Leave Compliance with AI
Sparrow , the first end-to-end leave management platform designed for modern, global companies, has raised $35 million in Series B funding led by SLW, bringing its total funding to $64 million. The company leverages AI and compliance expert
Venture CapitalSan Francisco’s Ashby Lands $50M Series D to Advance Enterprise Recruiting Innovation
Ashby, a San Francisco-based intelligent hiring platform, has secured a $50 million Series D round led by Alkeon Capital, doubling its valuation since the Series C. The funding follows significant growth—customer count rose from 1,300 to 2,
Venture CapitalCA-based Wisq Raises $15M to Accelerate Human-Centric AI for HR
Wisq has raised a $15 million round from Norwest, Shasta Ventures, and True Ventures to accelerate the rise of Agentic HR—where AI supports, rather than replaces, the human side of HR. With its purpose-built AI HR Generalist “Harper” and pr
Venture CapitalNew York-Based Warp Raises $18M Series A to Build AI-Driven Payroll and Compliance Platform for Startups
Warp , a New York-based HR and payroll automation startup, announced it has raised $18 million in Series A funding , bringing its total funding to $24 million . The round was led by Sound Ventures , with participation from Y Combinator , HO
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
Product NewsDarwinbox Becomes First HCM Platform Globally to Launch Its Own Model Context Protocol (MCP) Server
Darwinbox has become the first global Human Capital Management (HCM) platform to launch its own Model Context Protocol (MCP) Server, marking a major leap toward enabling secure, intelligent collaboration between AI agents and enterprise sys
Venture CapitalAI-Driven Hiring Platform Mercor Secures $100M Series B, Reaching $2B Valuation Amid Rapid Growth
Mercor , an AI-driven recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B funding round, valuing the company at $2 billion. Led by Felicis, with participation from Benchmark, General Catalyst
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
Product NewsTalkpush Unveils Sam: The AI-Powered Voice Interviewer Transforming Recruitment
Talkpush has introduced Sam, an AI-powered voice interviewer that leverages generative AI, NLP, and machine learning to offer real-time, personalized interactions with job candidates. This innovative tool processes candidate profiles inst
Product NewsRightpoint, a Genpact Company, Launches Knowledge AI and Search Function to Drive Productivity Across Enterprises
Rightpoint , a global experience leader and a Genpact company, has launched its Knowledge AI and Search solution. This solution integrates Microsoft Azure AI, Azure OpenAI Service, Azure AI Search, Copilot for Microsoft 365, and Microsoft V
Company NewsVisier's First Quarter of 2024 Marks Unprecedented Scale in Generative AI Production Use and Transformational Investment in Analytic Platform Capabilities
Visier , a leader in people analytics, announced key achievements for Q1 2024. Highlights include the launch of "Vee," a generative AI assistant, and the "Open for Builders" initiative. Visier's AI technology now serves 2.1 million Paycor e
EarningsUpwork Reports First Quarter 2024 Financial Results
Upwork Inc. reported a robust Q1 2024 with a significant increase in net income to $18.4 million and Adjusted EBITDA to $33.3 million, marking substantial improvements from the previous year. The company announced a 19% year-over-year reven
Company NewsUpwork Premieres New Partner Program to Expand Ecosystem of Companies Transforming How We Work
U pwork (NASDAQ: UPWK) has unveiled the Upwork Partners program, a new initiative designed to enhance business collaborations and increase productivity through the integration of skilled independent professionals. The program includes thre
Product NewsVisier Ships "Vee," an Industry First Generative AI Digital Assistant for People Insights
Visier has officially launched its generative AI assistant, Vee, which is now available to all customers. Powered by Microsoft Azure OpenAI Service, Vee integrates with Microsoft Teams, allowing users to obtain reliable and accurate workfor
Venture CapitalMetaview's Game-Changing $7M Series A: Pioneering the Future of AI-Driven Hiring
Metaview , an innovative startup, has raised $7M in Series A funding led by Plural, with participation from notable investors and angels. Since its 2018 inception, Metaview has aimed to transform the hiring process by leveraging unstructure
Product NewsLattice Unveils a Bold Evolution for its People Platform Powered by Artificial Intelligence, Announces AI Engagement Insights Built on OpenAI
Lattice has launched a new initiative, Lattice AI, to enhance its HR software by incorporating artificial intelligence aimed at humanizing the employee experience. This move aims to support employees, managers, and HR teams by providing A
Venture CapitalDili Raises $3.6M from Top Investors to Automate VC Due Diligence with AI Innovation, Celebrates Y Combinator Heritage
Dili , co-founded by former Coinbase team members, aims to revolutionize the due diligence and portfolio management process for private equity and VC firms through AI automation. With $3.6 million in venture funding, Dili leverages generati
EarningsUpwork Reports Fourth Quarter and Full Year 2023 Financial Results
Upwork Inc. reported significant financial achievements for the fourth quarter and full year of 2023, demonstrating robust growth and profitability. The company's fourth-quarter GAAP Net Income reached $17.4 million with an Adjusted EBITDA
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