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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Kastle 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.
Why candidate evaluation is the next frontier for talent acquisition
Eightfold AI is making the case that mid-funnel candidate screening — long overlooked in recruiting automation — is the next major opportunity for AI. The company's Interviewer product delivers asynchronous, AI-led structured interviews designed to clear bottlenecks that persist even when top-of-funnel sourcing is already automated. Eightfold argues that surging application volumes against a backdrop of flat recruiter headcount make this capability a strategic, not optional, investment for talent acquisition teams.
India’s Darwinbox Secures Follow-on Investment from TVG; Amount and Round Undisclosed
Teachers' Venture Growth has made its second investment in Darwinbox, following its 2025 entry. Darwinbox serves 1,400+ companies and 4.5 million employees globally. Its AI-native HCM platform, Darwinbox Cortex™, launched in August. Investment terms were not disclosed.
Company NewsWorkday Revenue Hits $2.649 Billion as AI Drives More Than 25% of New ACV
Workday reported fiscal 2027 second-quarter revenue of $2.649 billion, up 12.8% year over year, with subscription revenue rising 13.9% to $2.471 billion. More importantly, AI is beginning to show measurable commercial impact: CEO Aneel Bhus
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
HotNewsWorkday Surges on Reported Silver Lake Takeover Talks: A New Test for SaaS in the AI Era
A reported takeover approach has suddenly put Workday at the center of one of the largest potential enterprise software transactions in years. Reuters reported on August 13 that technology investment firm Silver Lake has been in discussi
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
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
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
August 18 Is HR Day: A Global Moment to Keep Work Human
Partner Content from HRDay.org August 18 is emerging as a global day for the human resources profession. Created around a simple connection—H is the eighth letter of the alphabet and R is the eighteenth—HR...
CoAdvantage and PrimePay Launch CoAd, Unbundling Traditional PEO Services for the First Time
CoAdvantage and PrimePay have launched CoAd, a unified payroll, HR and PEO brand serving 17,000+ clients and processing over $15B in annual payroll. Its modular model lets employers access co-employment without being required to...
Shore Capital Acquires Denver-Based ThrivePass to Accelerate Employee Benefits Technology Growth
Shore Capital Partners has acquired Denver-based ThrivePass, an employee benefits technology platform serving employers, brokers and PEOs. Financial terms were not disclosed. ThrivePass supports lifestyle spending accounts, rewards, tuition reimbursement, COBRA administration and pre-tax...
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...
Handshake Acquires AI-Native Learning Platform Uplimit to Connect Learning, Skills and Hiring
Handshake has acquired Uplimit to build a global AI learning platform connecting learning, verified skills and hiring. The company says AI use at work rose from 8% to 35% in one year, while only...
Warp Raises $60M Series B to Challenge Workday, Rippling, and ADP in AI-Native Payroll Compliance
Warp has raised $60M in Series B funding led by Battery Ventures, with Peak XV, Sound Ventures, Y Combinator, and HOF Capital participating. The AI-native startup automates payroll, onboarding, tax compliance, IT management, benefits...
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...
Cegid Acquires Shine to Build Europe’s First AI-Powered Financial and HR Hub for SMBs
Cegid has completed its acquisition of fintech unicorn Shine, creating Europe’s first fully integrated AI-driven financial hub for SMBs and accountants. The combined company now serves 1M+ SMBs, 15,000 accountants, operates across 7 Europea
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
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
Toptal Acquires Adeva to Expand Its Global IT Talent Network and Enterprise Delivery Capacity
Toptal has announced the acquisition of Adeva, a global IT talent network connecting enterprises and fast-growing companies with vetted developers, architects, and technology consultants. The deal expands Toptal’s global talent network and
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 CapitalSaile Raises $2.2M Oversubscribed Pre-Seed Round Led by Matchstick Ventures to Address Structural Gaps in Healthcare Staffing and Credentialing
Healthcare staffing startup Saile raised a $2.2M oversubscribed pre-seed led by Matchstick Ventures. The company has already onboarded 5,000+ physicians and uses AI agents to automate recruiting, credentialing, onboarding, staffing, and com
Company NewsWorkday, Anthropic, and Local Initiatives Support Corporation (LISC) Launch AI-Focused Solopreneurship Accelerator Program
Workday , Anthropic, and LISC have launched an AI-focused Solopreneurship Accelerator in the U.S. The pilot will support 15 entrepreneurs with $10,000 grants, Claude AI credits, AI skills training, and coaching support. The program focuses
Venture CapitalBarton Associates Expands Healthcare Workforce Platform with LocumsCollective Acquisition
Barton Associates has acquired LocumsCollective , a Salt Lake City-based MSP serving the locum tenens industry. The deal expands Barton’s workforce solutions platform and supports its shift from locum tenens staffing into broader healthcare
Product NewsSage Launches Sage HCM to Connect HR, Payroll, and Finance for Mid-Market
Sage launches Sage HCM for mid-market companies in North America, integrating HR, payroll, and finance via Sage Intacct. Includes AI-powered HCM Agent for payroll automation, compliance alerts, and workflow efficiency. Targets multi-entity,
Venture CapitalNew York-based workforce infrastructure company FutureFit AI secures strategic investment from Achieve Partners
FutureFit AI , announced a strategic investment from Achieve Partners to scale its AI-powered workforce infrastructure across new regions. The company says its platform supports career navigation, skills-based matching, and talent marketpla
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 CapitalRemote acquires France-based identity and device management company Bravas to strengthen global team infrastructure
Remote has acquired Bravas , a French identity and device management software company, to expand its platform beyond payroll, HR, and compliance. The move positions Remote closer to a single system for the full employee lifecycle as global
HotNewsStarbucks Announces New Incentive Rewards Program to Create More Opportunities for Partners to Share in Success
Starbucks launched a new incentive rewards program for U.S. hourly partners. Baristas and shift supervisors can earn up to $1,200 annually via quarterly bonuses tied to store performance and customer experience. Expanded tipping and weekly
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