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Intermezzo raises $10M for payroll infrastructure - Axios
Intermezzo, a payroll infrastructure startup, has secured $10 million in new funding to expand its platform. The raise highlights continued investor appetite for modernising the foundational layer of the HR-tech stack that powers workforce payments.
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
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 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 CapitalHireRight Acquires BGC Brasil, Expanding Services in Latin America’s Largest Background Screening Market
HireRight, a leading global provider of background screening and workforce risk management solutions, has acquired BGC Brasil , one of Brazil’s top background check firms. The move significantly strengthens HireRight’s presence in Latin Ame
Company NewsRecruitics Acquires Change State to Boost AI-Powered Recruitment Platform
Recruitics, a leader in AI-powered recruitment marketing and analytics, has acquired Change State, a recruitment marketing agency and HR tech consultancy founded in 2019. This acquisition enhances Recruitics’ platform with the Voice by Chan
Venture CapitalDarwinbox Secures US$40M from Teachers’ Venture Growth to Fuel North America Expansion and AI-First HCM Innovation
Darwinbox , a fast-growing AI-powered human capital management (HCM) platform, has secured US$40 million from Teachers’ Venture Growth (TVG), part of the Ontario Teachers’ Pension Plan. The funding will accelerate the company’s North Americ
Venture CapitalWorkleap Acquires Barley to Unite Performance and Compensation in One AI-Powered HR Platform
Workleap , a Montreal-based HR technology leader, announced on July 7, 2025 the acquisition of Barley , an end-to-end compensation management platform. By integrating Barley into its AI-powered Workleap Suite—already used by over 20,000 com
Venture CapitalUK’s Cronofy Raises £15M from BGF to Expand Scheduling Infrastructure
Cronofy , a UK-based embedded scheduling platform, has secured a £15 million investment from BGF to fuel its international expansion and product innovation. Trusted by over 180,000 organizations worldwide—including brands like Wise, Indeed,
Company NewsQuantum Workplace Names Joe Holland as Chief Executive Officer to Lead Next Phase of Growth and Innovation
Quantum Workplace, a leading provider of employee engagement and performance management solutions, has appointed Joe Holland as its new CEO, marking a significant leadership transition as Co-Founder Greg Harris steps into a board role after
Company NewsADP Q3 FY25 Revenue Hits $5.6B with 6% Growth, EPS Climbs to $3.06
In Q3 of fiscal 2025, ADP reported robust financial performance with a 6% year-over-year revenue increase, reaching $5.6 billion, driven by solid results across both Employer Services and PEO segments. Adjusted EBIT rose 6% to $1.6 billion
Venture CapitalNew York’s Jolly Raises $16.5M Series A to Scale AI-Driven Workforce Motivation System
Jolly , a New York-based workforce optimization platform, has secured $16.5 million in Series A funding led by former Tesla CFO Zach Kirkhorn, who also joins the board. The platform enables frontline workers to "Earn Points at Work™" by rew
Company NewsInsperity Announces Fourth Quarter and Full Year 2024 Results
Insperity (NYSE: NSP), a leading HR solutions provider, reported its Q4 2024 and full-year 2024 financial results, with revenues reaching $6.6 billion for the year, a 1% increase year-over-year. Net income stood at $91 million , while adjus
Company NewsDHI Group Reports 2024 Fourth Quarter and Full Year Financial Results
DHI Group, Inc. (NYSE: DHX) reported a 7% decline in total revenue for both Q4 2024 and full-year 2024. ClearanceJobs revenue grew by 7% in Q4 and 8% for the full year , while Dice revenue fell by 14% for both periods. Net income for Q4 202
Venture CapitalBelfry Raises $12 Million Series A to Accelerate Innovation and Growth
Belfry Software , a platform designed for physical security providers, announced it has raised $12 million in Series A funding, led by Base10 Partners, with contributions from Bienville Capital and Aglaé Ventures. The funding increases Belf
Venture CapitalCoachHub Secures €40M in Growth Financing from HSBC Innovation Banking UK to Fuel AI Innovation and Product Expansion
CoachHub , a global leader in digital coaching, has secured €40 million in growth financing from HSBC Innovation Banking UK. This funding will drive advancements in artificial intelligence (AI) and product expansion, enabling CoachHub to en
Venture CapitalFirst Advantage Completes Acquisition of Sterling Check for $2.2 Billion
First Advantage Corporation (NASDAQ: FA) has successfully completed its acquisition of Sterling Check Corp. for $2.2 billion, including assumed debt. This strategic move enhances First Advantage's global presence and product offerings in ba
Venture CapitalEQT Acquires Leading SaaS Talent Solutions Provider PageUp to Accelerate Global Expansion and Product Innovation
EQT, a global investment organization, has acquired PageUp, an Australian SaaS leader in talent acquisition and management, from Battery Ventures. This move aims to leverage EQT's expertise to accelerate PageUp's international expansion and
EarningsInsperity Announces Third Quarter Results
Insperity, Inc. reported its third-quarter 2024 results, showcasing a slight decrease in worksite employees (WSEEs) by 2% year-over-year, with a total of 309,088 WSEEs. Despite this, Q3 net income stood at $3 million with a diluted EPS of $
EarningsTriNet’s Q3 2024 Results: Strong Retention Despite Profit Challenges
TriNet, a leading provider of HR solutions for SMBs, reported its Q3 2024 financial results. Total revenues grew by 1%, reaching $1.2 billion, while net income declined to $45 million from $94 million year-over-year, reflecting increased he
Venture CapitalMPAY Expands with Web Payroll Acquisition: A Game-Changer for Texas Businesses
MPAY, a leader in payroll and human capital management solutions, completed its acquisition of Web Payroll & Tax Solutions. This move is part of MPAY’s ongoing strategic expansion, following two earlier acquisitions in 2024. Web Payroll, kn
Venture CapitalGuild Announces Acquisition of Nomadic, a Leading Capability Academy; Introduces Guild Talent Advantage
Guild has announced its acquisition of Nomadic Learning , a capability academy company, to launch Guild Academy, a product that integrates education, skilling, and AI-driven insights into a comprehensive platform. The new Guild Talent Adv
Venture CapitalJet HR Raises €12M in Seed Funding to Revolutionize Payroll Automation in Italy
Jet HR , an Italian startup, has secured €12 million in Seed funding, bringing its total funding to €16.7 million. Founded by Marco Ogliengo and Francesco Scalambrino, Jet HR aims to simplify payroll and HR processes for businesses in Italy
NewsSeekOut Releases Talent Maturity Model to Help HR Teams Address Pressing Talent Challenges
SeekOut has launched its Talent Maturity Model , an innovative assessment designed to help HR teams evaluate their organization's readiness to address talent challenges effectively. By classifying organizations into four phases—Exploring, E
Venture CapitalNYC-Based Thera Secures $4M Seed Funding to Revolutionize Global Payroll and Payments
Thera , a New York City-based payroll and payments platform, has secured $4 million in seed funding, led by Y Combinator and other prominent investors. Founded by former Amazon engineer Akhil Reddy, Thera aims to simplify global payroll man
Venture CapitalSprockets Expands Workforce Solutions with HourWork Acquisition: A New Era for Hourly Worker
Sprockets , an AI-powered hiring solution, has acquired HourWork , a leading platform specializing in post-hire engagement and retention. This acquisition aims to enhance Sprockets' product offerings, covering every stage of the employment
Company NewsInsperity Achieves 16% Gross Profit Growth in Q2 2024 Amid Economic Challenges
Insperity , Inc. reported strong financial results for Q2 2024, despite a slight decrease in the average number of worksite employees (WSEEs). Gross profit increased by 16% to $260 million due to strong pricing and lower benefits costs. Net
EarningsTriNet's Q2 2024 Highlights: Revenue Growth, Strong Sales, and Positive Customer Retention
TriNet Group, Inc. reported its financial results for the second quarter of 2024, highlighting a 1% growth in total revenues to $1.2 billion and a 5% increase in professional service revenues to $186 million. The net income per diluted shar
Venture CapitalWorkstaff closes $1.6M CAD in seed funding for the next phase of its workforce management software
Workstaff , a Montreal-based provider of workforce management tools, has secured $1.6M CAD in seed financing from Impulsion PME and Anges Québec. This investment will facilitate Workstaff’s global expansion and enhance its platform, which a
Venture CapitalTokyo's HR Tech Leader SmartHR Secures $140 Million Series E Funding
KKR and Teachers' Venture Growth (TVG) have announced a $140 million Series E investment in SmartHR , a leading cloud-native human resources management platform in Japan. This funding will drive SmartHR's growth, including new solution deve
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