Tagged Small Businesses
19 stories
The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Gusto Surpasses $1 Billion in Revenue, Serving More Than 500,000 Small Businesses
Gusto has surpassed $1B in trailing 12-month revenue, serving 500,000+ U.S. small businesses. The company added roughly 50,000 customers last quarter, achieved five consecutive quarters of ARR acceleration, and says more than half of ARR no
Product NewsU.S. startup back-office platform Every launches AI-native agents spanning payroll, benefits, HR compliance, and taxes
Every has launched new AI-native back-office agents for startups and SMBs, including AI CFO, AI Bookkeeper, and AI CHRO. The platform combines banking, payroll, benefits, HR compliance, bookkeeping, and taxes into one system, aiming to give
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
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
Company NewsPaychex Q2 FY2025: Revenue Reaches $1.32 Billion, 5% Growth Driven by HR and PEO Solutions
Paychex , Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credi
Product NewsPaychex Introduces HR Analytics Premium Plus Solution with Built-in GenAI Capabilities
Paychex has launched HR Analytics Premium Plus, an advanced solution integrating generative AI insights to empower SMBs with enterprise-level workforce analytics. This enhanced offering within the Paychex Flex platform combines benchmarking
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 CapitalTide Expands SME Services with Acquisition of Onfolk Payroll Solution
Tide , a UK-based business financial platform, has acquired Onfolk , an HMRC-recognized payroll solution for SMEs, announced on October 18, 2024. Onfolk specializes in integrating accounting, pensions, and people systems, making payroll man
Company NewsFormer Board Member Chip Pearson Steps into CEO Role at When I Work
Chip Pearson has been appointed as the new CEO of When I Work , a leading provider of workforce management software trusted by over 200,000 workplaces worldwide. With over 20 years of experience, Pearson's leadership includes roles at JAMF,
Product NewsPaychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent
Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quick
Product NewsBerniePortal Introduces New Recruiting Feature to Empower Small Businesses in the War for Talent
BerniePortal has introduced a new Recruiting feature tailored for small businesses, designed to enhance their competitive edge in attracting top talent. This feature includes API integrations with major job boards like Indeed and ZipRecru
Venture CapitalAsure Acquires HIRECLICK, Expands HCM Suite with an Intuitive, AI-Powered Applicant Tracking System
Asure (NASDAQ: ASUR), a cloud-based Human Capital Management (HCM) software provider, has acquired HireClick, an AI-powered applicant tracking system (ATS) tailored for small and mid-sized businesses. This acquisition strengthens Asure’s co
Venture CapitalLightBay Capital Makes Strategic Investment in Questco, a National Leader in Outsourced HR Services
LightBay Capital has made a strategic investment in Questco, a leading professional employer organization (PEO) specializing in outsourced HR services. This partnership aims to support Questco’s growth through direct sales efforts, acquisit
Product NewsPrimePay has unveiled HCM Essentials, an all-in-one HCM platform designed specifically for small businesses
PrimePay has unveiled HCM Essentials, an all-in-one human capital management (HCM) platform designed specifically for small businesses. Combining design, function, and affordability, this platform aims to streamline payroll, time, and HR co
Company NewsPEO Industry to Gather in Washington to Celebrate National PEO Week May 19-25
ALEXANDRIA, Va. , May 17, 2024 -- Hundreds of owners, executives and employees of professional employer organizations (PEOs) around the country will be gathering in Washington, DC next week to celebrate National PEO Week, which recogniz
Venture CapitalIndustry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams
Homebase , a leader in HR and team management applications for small businesses, announced a $60M Series D funding led by L Catterton Growth with support from Emerson Collective and others. This funding will boost R&D to expand its product
Product NewsFingercheck Launches PaisleyHR, Its New PEO Product to Help Small Businesses Grow With Confidence
A recent NAPEO report revealed that 81% of SMBs without a PEO solution express newfound interest. The data underscores the significant impact PEOs have on small- to medium-sized businesses today. Fingercheck's venture into PEO services furt
Venture CapitalJustworks Announces Merger Agreement to Acquire Via, an International Employment Platform, to Accelerate its Global Solutions for Small Businesses
NEW YORK, – Justworks, Inc. (“ Justworks ”) today announced that it has entered into a definitive merger agreement with Via Global Ventures, Inc. (“ Via ”) under which Justworks will acquire Via, an international employment platform. With
Venture CapitalCommon Trust Raises $2.6M in Seed Funding To Support Small Businesses to Exit Through Employee Ownership Buyouts
San Francisco, CA – Common Trust , an employee ownership buyout platform that enables small business owners to access liquidity by exiting to their employees, today announced $2.6 million in seed funding. Crossbeam Venture Partners led the
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