Factorial, the Barcelona-based HR tech unicorn, has secured an additional $120 million in non-dilutive funding from General Catalyst, bringing its total borrowings from GC’s Customer Value fund to $200 million. This investment will fuel Factorial’s go-to-market (GTM) strategy, primarily focusing

TriNet (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D, to Arvo Tech, a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions for SMBs while enabling Clarus R+D to thrive under Arvo Tec

Alta, an AI-driven revenue workforce solutions provider, has raised a $7 million seed round and officially launched its AI agents designed to optimize sales, marketing, and RevOps functions. Its proprietary LLM for sales powers AI workforce members Katie, Luna, and Alex, automating routine tasks and

HiBob  has announced its acquisition of Mosaic, a leading Financial Planning and Analysis (FP&A) platform, to bridge the gap between HR and finance for mid-sized businesses. This integration will empower companies with real-time insights that connect workforce strategies with financial performa

Deel , a global leader in payroll and HR technology, announced that new anchor investors, including General Catalyst and a sovereign fund, have acquired $300 million in secondary shares from early investors. This is not new funding but a secondary market transaction, reflecting strong investor confi

ADP (Nasdaq: ADP) has acquired Procesamiento Externo de Información, S.C. (PEI), a Mexico-based payroll solutions provider. This acquisition strengthens ADP’s global presence in Latin America by integrating PEI’s domestic expertise with ADP’s comprehensive HCM and payroll services. Over 300 P

Employment Hero, a global leader in employment solutions, has announced the acquisition of Humi, a Canadian employment platform, in a deal worth over CAD $100 million. This strategic move strengthens Employment Hero’s global expansion while enhancing Humi’s tailored services for Canadian SMEs. T

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 journey—from recruitment to exit interviews. By integrating

Revolutionary talent assessment provider Plum has launched two innovative products: PlumThrive™ and PlumFlourish™. PlumThrive is a Talent-Drive Platform offering deep insights into role fit, skills, and cultural dynamics, combining psychometric science with data analysis. It helps organizations

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 recognizes the key role of PEOs in helping small businesses and t