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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Kastle Raises $24M Series A Led by Insight Partners to Build the AI Workforce for Banking Operations - PR Newswire
Kastle, a startup building autonomous AI agents for banking back-office operations, has closed a $24M Series A led by Insight Partners. The round underscores rising investor appetite for purpose-built 'AI workforce' platforms — digital workers designed to handle domain-specific operational tasks in regulated industries — and sharpens the strategic question facing HR and people-ops leaders in financial services: how to govern, integrate, and manage a workforce that increasingly blends human and AI workers.
ESS Announces Acquisition of HeyTutor, Expanding K-12 Workforce Solutions with Tutoring and Academic Intervention Services - PR Newswire
ESS, a K-12 workforce solutions provider, has acquired HeyTutor, a tutoring and academic intervention services company. The deal reportedly extends ESS's managed workforce platform for school districts beyond traditional substitute and support staffing to encompass on-demand tutoring and academic intervention — addressing districts' growing need to source, vet, and deploy a broader range of educational personnel from a single provider. Financial terms were not disclosed.
Zalaris expands global payroll reach with HiBob integration, supporting HR teams across 100+ countries - People Matters - HR News
Zalaris has launched a native integration with HiBob, connecting HiBob's HRIS to Zalaris's payroll engine across more than 100 countries. The tie-up targets HR teams in multinational organizations seeking seamless HCM-to-payroll data flows without replacing either core platform.
Globalli Announces Certified Workday Marketplace App, Transforming Global Payroll Operations for Workday Customers - Yahoo Finance
Globalli has secured certification on the Workday Marketplace, launching an app aimed at simplifying global payroll for Workday's enterprise customer base. The certified status signals that the solution has met Workday's integration standards, giving HR and payroll teams a vetted pathway to extend their HCM platform with multi-country payroll capabilities.
Recruiter.com Acquires AI Hiring Platform Feenyx - Pulse 2.0
Recruiter.com has acquired Feenyx, an AI-powered hiring platform, bolstering its artificial-intelligence capabilities within its recruiting marketplace and services portfolio. Financial terms and integration timelines were not disclosed.
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.
New Data From Ashby Reveals EMEA Recruiters are Absorbing Rising Application Volume Without Slowing Hiring - PR Newswire
Ashby has published new proprietary data indicating that EMEA-based recruiters are successfully absorbing higher application volumes while maintaining consistent hiring velocity — a finding the company frames as evidence of ATS-driven efficiency gains in the region.
Main Capital Partners Acquires Majority Stake in UK-Based Orgvue in First UK Platform Investment
Main Capital Partners Acquires Majority Stake in UK-Based Orgvue in First UK Platform Investment. Main Capital Partners has acquired a majority stake in London-headquartered Orgvue, marking the software investor’s first platform investment in the UK. Orgvue provides cloud-based Strategic Workforce Management software used by close to 200 global enterprise
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
Paylocity Acquires AI-Native Leave Management Platform Aidora to Expand HCM Compliance Automation
Paylocity has acquired Aidora, an AI-native leave management compliance software company, to strengthen its HR platform with more automated, employee-friendly leave administration. Announced on July 9, 2026, the transaction adds a natural language interaction...
Company NewsHiBob expands in Canada with AI-powered Bob platform for mid-sized business growth
HiBob has opened a new Toronto office, expanding its North American footprint and deepening its commitment to Canada. The company says demand is rising from fast-growing, mid-sized businesses seeking integrated HR, payroll, finance, headcou
Venture CapitalWellfound Acquires Hirefly to Expand Agentic AI Recruiting Capabilities Across Inbound and Outbound Hiring
Wellfound acquires Hirefly, an agentic recruiting platform automating outbound sourcing and inbound application review. The move integrates Hirefly’s AI-first workflows and customer base across startups and enterprises, strengthening Wellfo
Company NewsEightfold AI Faces Proposed Class Action Over Use of AI in Hiring Decisions
An artificial intelligence hiring platform widely used by large U.S. employers is facing a proposed class action lawsuit that could have far-reaching implications for how AI tools are regulated in recruitment. On January 21, 2026, Eightfold
Company NewsWorkday Commits CAD $1 Billion Investment in Canada Over Five Years
Workday has announced plans to invest CAD $1 billion in Canada over the next five years, reinforcing its long-term commitment to the Canadian market and its rapidly growing customer base. The investment will focus on expanding local technol
Venture CapitalGusto to Acquire Guideline, Creating a Unified HR and Retirement Platform for Small Businesses
Gusto has announced an agreement to acquire Guideline , a leading retirement benefits platform serving over one million people and 65,000 small businesses. The deal, pending final approvals, aims to create a unified solution for payroll, HR
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 NewsThoma Bravo in Advanced Talks to Acquire Dayforce in $11B Take-Private Deal
Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in p
Venture CapitalWingspan Raises $24M Series B in New York to Scale Embedded Contractor Payroll Platform for the $1.4T Flexible Workforce Market
Wingspan , a modern contractor payroll platform, has raised $24 million in Series B funding led by Touring Capital, bringing its total funding to $54 million. The funding will support the rollout of Wingspan Embed—an API-first contractor ma
Venture CapitalBetterComp Secures $33M Series A to Expand into New Markets & Advance AI in Compensation Practices
BetterComp , a compensation management software provider based in Walnut Creek, California, has secured $33 million in Series A funding led by Ten Coves Capital. This marks the company’s first institutional funding after years of bootstrapp
Venture CapitalEudia Acquires Johnson Hana to Build World's First AI-Augmented Human Workforce
Eudia has acquired Johnson Hana to create the world’s first AI-augmented human workforce focused on legal services. By combining Eudia’s agentic AI platform with Johnson Hana’s elite legal consultants, the company pioneers a new model where
Venture CapitalAI-Native Platform Niural Secures $31M to Automate Payroll and Global Ops
Niural, an AI-native global PEO platform, has raised $31 million in Series A funding to reinvent financial operations for modern CFOs. By combining proprietary infrastructure with executional AI agent EMMA, Niural transforms traditional pay
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
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,
Venture CapitalWorkStep Acquires WorkHound to Strengthen Frontline Engagement Capabilities Across Logistics and Industrial Sectors
WorkStep has officially acquired WorkHound, a frontline employee feedback platform, in a strategic move to deepen its impact on frontline workforce engagement. By combining WorkStep’s data-driven insights and WorkHound’s real-time feedback
Venture CapitalCoAdvantage & PrimePay Merge to Elevate HR Tech for SMBs
Aquiline Capital Partners has announced the merger of its portfolio companies, CoAdvantage and PrimePay , to enhance human capital management (HCM) services for small- and mid-sized businesses. This strategic combination aims to offer a mor
Venture CapitalIndia’s HR SaaS Star Darwinbox Raises $140M to Expand HR Tech Disruption into the U.S.
Indian HR tech startup Darwinbox has raised $140 million in a funding round co-led by KKR and Partners Group, positioning itself to compete with Deel and Rippling. The company, which provides an all-in-one SaaS platform for hiring, onboardi
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 CapitalSelerix Acquires TBX® to Create an All-in-One Benefits Administration SaaS Platform
Selerix , a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® ( TBX® ), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a com
Venture CapitalASGN Incorporated to Acquire TopBloc, A Preferred Workday Services Partner
ASGN Incorporated (NYSE: ASGN), a leading IT services provider, has announced its acquisition of TopBloc, a high-growth Workday consultancy, for $340 million in cash and equity. This move positions ASGN as a key player in the expanding Work
Venture CapitalWorkwell Group Expands North American Presence with Acquisition of Eastridge Workforce Management
Workwell Group , a global leader in Human Capital Management (HCM) and Employer of Record (EOR) services, has acquired Eastridge Workforce Management (EWM) from Eastridge Workforce Solutions. This strategic acquisition strengthens Workwell’
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