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Intermezzo Secures $10M to Revolutionize Global Payroll Infrastructure with AI-Driven Automation - FF News
Intermezzo, a Menlo Park-based AI-native global payroll infrastructure company, has raised a $10 million seed round led by Crosslink Capital, with participation from UKG Ventures, CloudPay, Character Capital, Behind Genius Ventures and other investors. Founded by former Intuit and Velocity Global technology leaders Siddharth Ram and Kumar Ramanathan, the company is building an API-first payroll infrastructure layer for HCM platforms, EOR providers and payroll bureaus.
Company NewsHireQuest Q2 Profitability Surges as Staffing Market Shows Signs of Recovery
HireQuest reported Q2 2026 revenue of $8.1M, up 6.0% YoY. Excluding the MRINetwork divestiture, revenue grew 16.6% and system-wide sales rose 6.9%. Net income reached $2.7M, while Adjusted EBITDA increased to $4.6M. GOOSE CREEK, S.C.
HR Tech and HR Executive Name the 2026 Top 100 HR Tech Influencers
The 2026 Top 100 HR Tech Influencers includes 32 new honorees—a sign that influence in HR tech is expanding beyond established analysts to executives, podcasters and community builders. Who is shaping how your organization...
HW Staffing Solutions Acquires New England Staffing Firm TPi Staffing to Strengthen Manufacturing, Technical and Commercial Talent Solutions
HW Staffing Solutions has acquired TPi Staffing, expanding its New England footprint across manufacturing, technical and commercial staffing. TPi’s leadership and staff will remain in place, while clients gain access to HW’s national network,...
Linc Raises €8.5 Million to Build the AI-Native Payroll Platform France’s Payroll Professionals Have Been Waiting For
France-based payroll software company Linc has raised €8.5M to accelerate its AI-native platform for accounting and payroll firms. Founded in 2024, Linc now reports 68 firms in production and 100+ payroll, HR, accounting and...
Embark Acquires Workday Consulting Firm Commit to Expand CFO and CHRO Advisory Capabilities
Embark has acquired Commit, a high-growth consulting firm specializing in the Workday ecosystem. The deal marks Embark’s first transaction and expands its HCM advisory capabilities across Workday post-go-live support, AMS, platform optimization, HR modernization,...
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
Venture CapitalManpowerGroup Announces Sale of Jefferson Wells U.S. to Sikich
ManpowerGroup has sold its Jefferson Wells U.S. business to Sikich for a transaction value of $100M. Jefferson Wells U.S. generated $76M in 2025 revenue and provides risk & compliance, finance & accounting, tax, project consulting, integrat
Venture CapitalPhenom Acquires Plum to Verify What AI Can’t Fake: Human Behavior at Work
Phenom has acquired Plum , following its February 2026 acquisition of Be Applied, to complete a full-spectrum assessment stack for AI-era hiring. Plum’s Role Model™ maps behavioral blueprints against 40,000+ jobs and claims 4x greater accur
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,
Product NewsSafeguard Global Launches Intelligent Workforce Tool to Transform Global Hiring and Workforce Optimization
Safeguard Global launches “Intelligent Workforce,” an AI-powered platform enabling companies to compare hiring scenarios across 187 countries in minutes. Combines real-time cost data + insights from 400+ in-country experts to optimize globa
Product NewsWorkday Launches Agentic AI to Transform Enterprise Execution Systems
Workday has introduced its next wave of Agentic AI capabilities, signaling a major shift from traditional enterprise software toward autonomous task execution. The announcement centers on the concept of the “New Work Day,” where human emplo
Venture CapitalTrayd Raises $10M to Transform Payroll for Specialty Trade Contractors with 31× Productivity Gains
Trayd raises $10M Series A led by White Star Capital, bringing total funding to $15M. Its construction payroll platform cuts processing time from 14 hours to 27 minutes while handling union rules, multi-state taxes, and compliance. Targets
Venture CapitaleTip Acquires Shiny Solutions to Expand Its End-to-End Workforce Engagement Platform for Hospitality and Service Industry
eTip has acquired Shiny Solutions to expand beyond digital tipping into a broader workforce engagement platform for hospitality and service operators. The combined offering adds recruitment, scheduling, recognition, and AI insights as labor
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
Venture CapitalSan Francisco-based Ando Raises $4M Seed to Modernize Hourly Work
San Francisco-based Ando has raised $4 million in seed financing to build what it describes as the world’s first AI infrastructure for the global hourly workforce. The round was led by Slow Ventures, with participation from Blitzscaling Ven
Venture CapitalPhiladelphia-based Phenom Acquires Be Applied to Scale Skills-First Hiring with Cognitive AI
Phenom acquires Be Applied to embed adaptive cognitive assessments into its AI hiring platform. Enterprises can now validate skills at scale, reduce mis-hires (costing 30%+ of salary), and support skills-first hiring as 63% of employers cit
Company NewsWorkday Announces CEO Transition as Co-Founder Aneel Bhusri Returns to Lead the Company's Next Chapter
Workday announced an immediate CEO transition as co-founder Aneel Bhusri returns to lead the company, replacing Carl Eschenbach , who steps down after guiding the business through global expansion and tighter operational discipline. Bhusri’
Venture CapitalToptal Acquires Graphite to Expand Global Consulting and Talent Capabilities
Toptal has announced the acquisition of Graphite , strengthening its position as a global leader in talent and consulting services. Graphite brings a curated community of more than 12,000 rigorously vetted independent experts, consultants,
Venture CapitalLettuce Financial Secures $28 Million Series A Funding to Expand Its AI-Powered Operating System for One-Person Businesses
Lettuce Financial has secured $28 million in funding to expand its AI-powered operating system for solopreneurs and has acquired benefits startup Besolo to integrate healthcare access. The platform serves businesses of one, streamlining ta
Company NewsUpwork Reports Third Quarter 2025 Financial Results
Upwork posted record Q3 2025 results with revenue of $201.7M (+4% YoY), GAAP net income of $29.3M (+6% YoY), and an all-time-high adjusted EBITDA of $59.6M (30% margin). AI work on the marketplace accelerated—AI-related GSV rose 53% YoY whi
Venture Capitalzvoove Acquires adata Software to Build Germany’s First Fully Integrated Cloud ERP for Facility Management
zvoove, the leading software and AI provider for staffing, security, and cleaning industries, has acquired adata Software GmbH to strengthen its presence in Germany and expand its cloud ERP offering for the facility management sector. The a
Venture CapitalSage Acquires Criterion HCM to Modernize Human Capital Management for Mid-Sized Businesses
Sage has acquired Criterion HCM, marking a strategic expansion of its AI-powered HR and payroll ecosystem to better serve mid-sized businesses. The acquisition brings together Criterion’s unified HCM solution—spanning Core HR, payroll, and
Company NewsHelios Rebrands as Globalli, Launching the World's First-Ever Global People Operating System
Helios has rebranded as Globalli and launched the world’s first-ever Global People Operating System (OS) , designed to unify payroll, compliance, and HR across more than 125 countries. The platform integrates employees and contractors into
Venture CapitalSan Francisco’s Alex Secures $20M to Transform Talent Acquisition with AI Agents
Alex , an AI-powered recruiting partner, has secured $20 million in funding—including a $17 million Series A led by Peak XV Partners and a $3 million Seed round by 1984 Ventures. The company leverages AI agents to automate interviews, resum
Venture CapitalHelios Acquires ConnectaVerse to Strengthen Global Expansion and Compliance Capabilities
Helios Global Payments Solutions has acquired ConnectaVerse, a marketplace technology company specializing in international expansion and compliance services across 60 countries. This acquisition enhances Helios’ AI-powered HCM and payments
Venture CapitalYC-Backed Central Secures $8.6M to Automate Payroll & HR for Startups
Central , a Y Combinator-backed startup, has raised $8.6 million in seed funding led by First Round Capital to build the first AI-native back-office platform for startups. Unlike traditional HR and finance tools, Central integrates directly
Company NewsWorkday Q2 FY26 Revenue Rises 12.6% to $2.35B, Raises Full-Year Guidance
Workday reported strong fiscal 2026 Q2 results with total revenue of $2.35 billion, up 12.6% year-over-year, driven by 14% growth in subscription revenue. Operating income more than doubled, while non-GAAP operating margin reached 29%. Net
Company NewsUpwork Inc. Introduces Lifted, a Subsidiary Serving Enterprises with Full Suite of Contingent Workforce Solutions
Upwork Inc. has launched Lifted, a wholly owned subsidiary designed to help enterprises manage the full spectrum of contingent workforce needs, including independent contractors, AOR, EOR, staff augmentation, and SOW engagements. Built on r
Venture CapitalLaurel Secures Strategic Investment from Workday Ventures to Transform AI Time Tracking in Professional Services
Laurel, the world’s first AI Time platform for professional services, has raised $100 million in Series C funding led by IVP, with participation from GV and 01A. The investment will accelerate Laurel’s mission to solve the “time intelligenc
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