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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300UKG Unveils Agentic-powered UKG Pro Pay with Workforce AI at Payroll Congress 2026
UKG introduced UKG Pro Pay with Workforce AI at Payroll Congress 2026, bringing agentic, assistive, and generative AI into payroll operations. New capabilities include Payroll Analyst Agent, Payroll Auditing AI, and anomaly detection using
ColumnWorkday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
Workday reported strong fiscal 2026 fourth quarter and full-year results, underscoring sustained growth and expanding profitability as it accelerates its enterprise AI strategy. Q4 total revenues reached $2.532 billion, up 14.5% year-over-y
Company NewsDeel Launches The Pitch, a $15M Global Tournament to Find the Next Generation of Borderless Founders
Deel launches The Pitch, a $15M global startup tournament. 20,000+ seed-stage startups, 7 regional finals, 100 winners get $50K each, and 10 global champions receive $1M. Backed by J.P. Morgan, a16z, Stripe. Final in May 2026. A merit-based
Venture CapitalCoursera to Combine with Udemy to Empower the Global Workforce with Skills for the AI Era
Coursera and Udemy have announced a landmark merger agreement valued at approximately $2.5 billion, bringing together two of the world’s most prominent online learning platforms at a critical moment for the global workforce. Under the all-s
Venture CapitalVeroSkills Secures Funding to Scale AI-Powered Staffing Platform Addressing America's $1 Trillion Blue-Collar Labor Crisis
VeroSkills has raised US $5.3 million to scale its AI-powered staffing engine aimed at solving a US $1 trillion blue-collar labour-shortage. In the past six weeks the company contracted US $15 million in annual recurring revenue by matching
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
ColumnWorkday Announces Fiscal 2026 First Quarter Financial Results
Workday reported strong Q1 FY26 earnings with total revenue reaching $2.24 billion, a 12.6% increase year-over-year. Subscription revenue grew by 13.4%, driven by demand for its AI-powered platform. Despite a GAAP operating income dip due t
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,
ColumnWorkday Reports $8.446B Revenue in FY2025, Subscription Growth Hits 16.9%
Workday reported robust financial results for fiscal 2025, highlighting significant year-over-year growth in both total and subscription revenues. Fourth quarter total revenues reached $2.211 billion, up 15%, while subscription revenues ros
Venture CapitalTalent Intelligence Leader Loxo Raises $115M to Revolutionize AI Recruiting with Tritium Partners Investment
Loxo , a leading AI-powered talent intelligence platform, has secured a $115 million growth investment led by private equity firm Tritium Partners . This funding will accelerate AI and product development , further solidifying Loxo's positi
Company NewsUpwork Reports Fourth Quarter and Full Year 2024 Financial Results
Upwork reported record-breaking financial results for Q4 2024 and the full year 2024 , achieving all-time highs in revenue ($769.3M, up 12%) , GAAP net income ($215.6M, up 360%) , and adjusted EBITDA ($167.6M, up 129%) . The company also sa
Company NewsDayforce Reports $1.76B in Revenue for 2024, Driving HR Tech Growth
Dayforce , a leading human capital management (HCM) technology provider, reported strong financial results for Q4 and FY 2024, with total revenue reaching $1.76 billion (up 16.3% YoY) and recurring revenue climbing to $1.34 billion (up 20.6
Venture CapitalAya Healthcare to Acquire Cross Country Healthcare for Approximately $615 Million in Cash
Aya Healthcare is set to acquire Cross Country Healthcare in a $615 million all-cash transaction, offering a 67% premium per share. This strategic move will integrate Cross Country’s 40-year expertise with Aya’s market-leading technology an
EarningsAlight Reports $555M Revenue and $75M Stock Repurchase in Q3 2024
Alight , Inc., a leader in cloud-based human capital technology, reported a revenue of $555 million for Q3 2024, marking a slight decrease from the previous year. Despite a net loss of $44 million, Alight's gross profit improved, reaching $
EarningsTrueBlue Reports 19% Revenue Decline in Q3 2024 but Accelerates Digital Transformation to Drive Future Growth
TrueBlue, a leading workforce solutions provider, reported its third-quarter 2024 financial results, highlighting a 19% year-over-year revenue decline to $382 million and a net loss of $8 million. Despite challenging market conditions, the
EarningsServiceNow Reports Q3 2024 Financial Results: 23% Subscription Revenue Growth, Total Revenue Reaches $2.797 Billion
ServiceNow exceeds guidance across all Q3 2024 topline growth and profitability metrics; raises 2024 subscription revenues guidance Subscription revenues of $2,715 million in Q3 2024, representing 23% year‑over‑year growth, 22.5% in constan
Venture CapitalZeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce
Zeal , a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automat
Venture CapitalHR Path Acquires IN-RGY, Expanding Global Reach and Strengthening Canadian Market Presence
HR Path, a global HR consulting leader, has acquired IN-RGY, a Canadian HR digital transformation firm. This acquisition strengthens HR Path's presence in the Canadian market and aligns with their global expansion strategy, supported by a r
Venture CapitalTilt Raises 15M in Series B to Revolutionize Leave Management Technology
Tilt , a leader in leave management solutions, has successfully raised $15 million in Series B funding led by Bramalea Partners, with contributions from HearstLab, Firework Ventures, Origin Ventures, and Techstars. The funding will enable T
EarningsDayforce Q2 2024: Strong Growth and Exciting Future with $500M Share Repurchase
Dayforce Inc ., a leader in human capital management technology, reported strong financial results for Q2 2024, with recurring revenue up 20% and total revenue up 16%. Operating cash flow increased by 16% year-to-date, leading to a $500 mil
Venture CapitalHR Path Secures Historic €500 Million to Fuel Global Expansion and HR Innovations
HR Path , a global leader in HR consulting, has secured a record €500 million in financing from Ardian, a top private investment firm. This significant investment, the largest in the company's history, will propel HR Path's international gr
ColumnWorkday's Q1 FY2025: A Surge in Revenues and AI-Driven Growth
Workday, Inc. reported impressive fiscal 2025 first-quarter results, showcasing strong revenue growth and significant improvements in profitability. Total revenues reached $1.990 billion, an 18.1% year-over-year increase, while subscription
Venture CapitalHR Path Acquires GroupeX, leading HCM provider in North America
HR Path Group announced its acquisition of Toronto-based GroupeX Solutions, a key move to strengthen its presence in North America and enhance its HRIS consulting capabilities. GroupeX, known for its partnerships with major software vendors
Venture CapitalZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures
ZayZoon , a leader in Earned Wage Access (EWA) for SMBs, announced a $15 million raise in its Series B extension, reaching a total of $49.5 million, led by Viola Fintech and Intuit Ventures, alongside Framework Venture Partners and EDC. Thi
Product NewsSapia.ai Unveils SAIGE™: A world-first Gen AI-powered conversational intelligence engine for talent management
Sapia.ai has launched SAIGE™, an innovative generative AI model transforming global workforce management. By leveraging a unique large language model developed over six years, SAIGE™ conducts blind chat interviews to evaluate candidates, of
Venture CapitalFirst Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock
First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a
Venture CapitalEmpowerly secures $15M for its college counseling services
Empowerly, an edtech startup focusing on college counseling and career guidance, has secured $15 million in funding led by Conductive Ventures, totaling $30 million raised to date. This investment will enhance its AI-driven services and dev
Venture CapitalWork Shield raises $6 million from Ballast Point Ventures
Work Shield, a Dallas-based incident management technology firm, has secured a $6 million investment from Ballast Point Ventures. This strategic move aims to bolster Work Shield's comprehensive solution for reporting, investigating, and res
Venture CapitalGoLogiq Signs to Acquire Vietnam-Based Payroll and HR Fintech Platform, Symplefy, for $30 Million
NEW YORK, July 27, 2023 – GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive agreement to acquire Symplefy , a provider of innovative payroll and end-to-end human resource
Venture CapitalClair raises $175 million in funding to launch first free, on-demand pay solution powered by Pathward®, N.A., to help front-line workers get paid same day
July 6, 2023 – Clair , a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. Th
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