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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Early Anthropic hire, former METR COO have found a way to rein in rogue AI agents
Artificial Intelligence Underwriting Company (AIUC), co-founded by an early Anthropic hire and the former COO of AI safety evaluator METR, has reportedly raised $40 million in a Series A led by Ribbit Capital. According to TechCrunch, the startup is building technology to detect and constrain rogue AI agents, with a business model centered on AI safety and underwriting — not HR technology.
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.
HotNewsWorkday Surges on Reported Silver Lake Takeover Talks: A New Test for SaaS in the AI Era
A reported takeover approach has suddenly put Workday at the center of one of the largest potential enterprise software transactions in years. Reuters reported on August 13 that technology investment firm Silver Lake has been in discussi
Paychex Reaches $6.512B in FY2026 Revenue as Paycor Integration and WISE AI Engine Drive Momentum
Paychex reported FY2026 revenue of $6.512B, up 17%, with adjusted operating income rising 19% to $2.815B. Q4 revenue increased 12% to $1.606B, supported by Paycor integration and growth across Management Solutions, PEO, insurance, and...
Singapore-Based Global Payroll and HR Platform BIPO Secures US$50M Investment from Apis Partners to Expand Across 170+ Markets
Apis Partners has invested US$50 million in BIPO to accelerate the Singapore-headquartered company’s global expansion, disciplined M&A strategy, AI roadmap, and embedded financial services capabilities. BIPO, described as Asia Pacific’s leading payroll payment processing...
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
ColumnADP Q3 Earnings: $5.9B Revenue Driven by AI and Client Funds Interest
ADP reported strong Q3 Fiscal 2026 results, with revenue increasing 7% to $5.9 billion and adjusted diluted EPS rising 10% to $3.37. The company also raised its full-year guidance, now expecting revenue growth of 6–7% and EPS growth of 10–1
Venture CapitalNew York-based workforce infrastructure company FutureFit AI secures strategic investment from Achieve Partners
FutureFit AI , announced a strategic investment from Achieve Partners to scale its AI-powered workforce infrastructure across new regions. The company says its platform supports career navigation, skills-based matching, and talent marketpla
Company NewsDailyPay Upsizes Secured Credit Facility to $960 Million
DailyPay announced a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million and pushing its total debt financing backed by On-Demand Pay receivables above $1 billion. The expanded facility
Company NewsChime and Workday Partner to Deliver a Comprehensive Employee Financial Wellness Solution to Millions
Workday has named Chime its Strategic Financial Wellness Partner, making Chime Workplace available to Workday customers via Workday Wellness. Workday serves 11,000+ organizations (including 60% of the Fortune 500), positioning this integrat
Company NewsADP Delivers Strong FY25 Results with $20.6B Revenue, Sets Confident Outlook for FY26
ADP reported strong results for fiscal year 2025, with revenue growing 7% to $20.6 billion and adjusted diluted EPS rising 9% to $10.01. Both its Employer Services and PEO Services divisions delivered 7% revenue growth, fueled by high clien
HotNewsJob Boards Are Dying—AI Is Becoming the New Hiring Front Door
In July 2025, Japanese HR services giant Recruit Holdings announced a sweeping reorganization of its HR technology division, cutting approximately 1,300 jobs , or 6% of the department’s global workforce. The restructuring directly impacts i
Company NewsFranklinCovey Reports Q3 FY2025 Results: Revenue Meets Guidance, Adjusted EBITDA Beats at $7.3M
FranklinCovey reported Q3 FY2025 revenue of $67.1 million, aligning with guidance, but down year-over-year due to macroeconomic headwinds and contract losses. The company posted a net loss of $1.4 million, including $4.7 million in restruct
Company NewsEnd of an Era: Zen JV Files for Bankruptcy, Marking the Final Chapter for CareerBuilder and Monster
Zen JV, LLC, the parent entity behind well-known recruitment brands like CareerBuilder and Monster Worldwide, has filed for Chapter 11 bankruptcy in the District of Delaware. The filing includes ten affiliated entities and initiates a forma
Company NewsTrueBlue Board of Directors Unanimously Rejects Unsolicited Proposal from HireQuest
On May 13, 2025, TrueBlue Inc. (NYSE: TBI), a leading workforce solutions provider, publicly announced its Board of Directors has unanimously rejected an unsolicited acquisition proposal from HireQuest, Inc. The all-stock offer of $7.50 per
EarningsTriNet Announces First Quarter 2025 Results
TriNet Group, a leading HR solutions provider for SMBs, reported its Q1 2025 results with $1.3 billion in total revenue, up 1% year-over-year. Despite macroeconomic challenges, the company delivered solid performance aligned with full-year
Venture CapitalSpain’s HR Tech Firm Factorial Secures $120M in Non-Dilutive Funding to Accelerate Expansion in Germany, France, and Italy
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 F
Venture CapitalAI-Driven Hiring Platform Mercor Secures $100M Series B, Reaching $2B Valuation Amid Rapid Growth
Mercor , an AI-driven recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B funding round, valuing the company at $2 billion. Led by Felicis, with participation from Benchmark, General Catalyst
Company NewsTriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook
TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record w
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
Company NewsDHI Group, Inc. Announces Strategic Reorganization Separating the Dice and ClearanceJobs Businesses to Better Capitalize on Unique Market Dynamics
DHI Group, Inc. has announced a strategic reorganization to split its operations into two distinct divisions: Dice and ClearanceJobs. This move aims to focus on the unique market demands of each brand, streamline operations, and improve pro
Product NewsZoho Launches Zoho Payroll, a Comprehensive Solution That Simplifies Payroll Processing and Compliance for Businesses in the United States
Zoho Corporation has launched the US edition of Zoho Payroll, providing an all-in-one solution for simplifying payroll management, automating tax compliance, and connecting HR and financial operations. This release enhances Zoho's robust fi
EarningsDHI Group Q3 2024 Results: $35.3M Revenue, ClearanceJobs Grows 6% Amid Tech Job Surge
DHI Group , Inc. reported its Q3 2024 financial results, noting a 6% decrease in total revenue year-over-year, while ClearanceJobs showed growth with a 6% increase in revenue. Dice revenue declined by 12%, mirroring overall challenges in bo
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
Company NewsDayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue
Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat
Company NewsFiverr Q3 2024: Revenue Hits $99.6 Million, Exceeds Expectations
Fiverr International Ltd. announced robust financial results for Q3 2024, highlighting a revenue increase to $99.6 million and a notable rise in adjusted EBITDA. The company outperformed expectations amidst a challenging macro environment,
Venture CapitalWrapbook Secures $20 Million in Funding, Valued at $750 Million: Transforming Production Finance with Innovative Solutions
Wrapbook , a leader in production finance and accounting for the entertainment industry, has secured a $20 million investment from Bessemer Venture Partners, bringing its valuation to $750 million. This investment goes beyond financial grow
Venture CapitalEvery Secures $22.5 Million Series A to Redefine HR Tech for Early-Stage Startups
Every.io has raised $22.5M in a Series A round led by Redpoint Ventures, with participation from Y Combinator, Okta Ventures, and Base10 Partners. The company's mission is to help tech founders focus on growth by simplifying and automating
Company NewsPaycor’s FY 2024 Results: 19% Revenue Surge Driven by HR Tech Innovation
Paycor announced its financial results for the fourth quarter and fiscal year 2024, showing a 19% increase in total annual revenue, reaching $654.9 million. The company introduced a new Compensation Management solution and expanded its API
Company NewsDHI Group’s Q2 2024: Resilient Performance Amid Market Challenges with $35.8M Revenue
DHI Group , Inc. reported its financial results for the second quarter of 2024, revealing a mixed performance. Total revenue was $35.8 million, a 7% decrease year-over-year, with notable differences in segment performance. ClearanceJobs sho
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