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Amazon raises minimum starting pay for full-time core operations employees to $20/hour, with average pay reaching nearly $24/hour, and launches grocery discount and access to new lifetime banking bene
Amazon has announced it is raising the minimum starting wage for U.S. full-time core operations employees — covering warehouse and logistics roles — to $20/hour, with average pay for those workers reportedly reaching nearly $24/hour. The company is also introducing a grocery discount benefit and access to a new lifetime banking product as part of a broader effort to improve day-to-day affordability for its frontline workforce. No HR-technology or workforce-software component has been disclosed.
Funding & InvestmentEarly 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.
Corestream Secures Strategic Investment from Lightyear Capital to Accelerate Product Innovation and Platform Expansion
Lightyear Capital has made a strategic investment in Corestream, a voluntary benefits and employee savings technology platform. Founded in 2006, Corestream serves over 6M employees and reconciled more than $500M in payroll premiums in...
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...
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
London-Based Global Employment and Payroll Platform RemotePass Raises $17.4M Series B Led by EBRD Venture Capital
RemotePass raised $17.4M in Series B funding led by EBRD Venture Capital, with participation from 500 Global, Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures. The platform now supports 35,000+ workers across 150+ cou
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
Product NewsAI Fraud Detection Platform deepidv Secures $1M Seed and Launches Deepfake Defense Suite
Toronto-founded identity verification startup deepidv has raised a $1 million seed round while expanding operations to San Francisco and launching a comprehensive AI-powered fraud detection suite designed to combat the rapidly growing threa
Product NewsSan Francisco Identity Platform Persona Launches Candidate Verification to Combat Hiring Fraud
Identity platform provider Persona has launched a new Candidate Verification solution designed to help companies verify the real-world identity of job applicants during the hiring process. The product integrates directly with leading applic
Product NewsDubai-Based RemotePass Launches SpendCards Across 150+ Countries
Dubai-based RemotePass has launched SpendCards, positioning itself as the first global payroll platform to offer corporate expense cards purpose-built for distributed international teams. The new feature addresses longstanding pain points f
Venture CapitalBenepass Raises $40M Series B to Redesign Employer Benefits for Rising Healthcare Costs
Benepass announced a $40 million Series B funding round led by Centana Growth Partners , with participation from FoW Partners and existing investors Portage Ventures and Threshold Ventures. The New York–based benefits capital management pla
Venture Capital401GO Secures $33M Series B to Scale Its Unified 401(k) Infrastructure
401GO has secured a $33 million Series B round led by Centana Growth Partners, marking a significant milestone in the fast-changing retirement technology market. As a fully-owned and vertically integrated 401(k) platform, 401GO differentiat
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
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
Company NewsDailyPay Names Veteran Executive Nelson Chai as CEO
DailyPay appointed veteran executive Nelson Chai as CEO, advancing its strategy beyond earned wage access toward broader financial wellness for frontline workers. Chai—formerly Uber’s CFO and DailyPay’s Executive Chair—will lead product inn
Product NewsThe Talent Studios Launches Determined People™, Agentic AI Hiring Platform Built on 20 Years of Executive Search Expertise
The Talent Studios has launched Determined People™ , an agentic AI-enabled cognitive engine designed to transform recruitment into a precise, evidence-driven science. Built by veteran executive search consultants and technology teams across
Venture CapitalWorkday Signs $1.1B Deal to Buy Sana, Bringing AI Agents and Learning Tools to 75M Users
Workday has announced a definitive agreement to acquire Sana, an AI-driven enterprise knowledge platform, for approximately $1.1 billion . Founded in 2016, Sana is known for its AI-powered products—Sana Learn and Sana Agents—used by over on
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
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
Venture CapitalNew York-Based Warp Raises $18M Series A to Build AI-Driven Payroll and Compliance Platform for Startups
Warp , a New York-based HR and payroll automation startup, announced it has raised $18 million in Series A funding , bringing its total funding to $24 million . The round was led by Sound Ventures , with participation from Y Combinator , HO
Venture CapitalWorkWhile Secures $23 Million Series B, Fueling AI-Powered Revolution in $650B Staffing Industry
WorkWhile , an AI-driven labor platform transforming the $650B staffing industry, has raised $23 million in a Series B round led by Rethink Impact. The company leverages machine learning to match businesses with reliable hourly workers, ach
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 CapitalUK-Based Ravio Secures $12M to Disrupt Outdated Salary Practices with Live Benchmarking Tools
Ravio , a London-based compensation data platform, has secured a $12 million Series A round led by Spark Capital to transform how companies manage pay. With outdated compensation benchmarks often based on data that is over a year old, Ravio
Venture CapitalItalian-based Skillvue raises $6.3M to transform how companies discover and develop hidden talent
HR tech platform evolves from recruitment tool to comprehensive skills partner as organizations struggle to identify capabilities in both candidates and employees. Milan, May 05, 2025 -- While 70% of HR professionals desperately search for
Venture CapitalCheckr Expands into Employment Verification with Acquisition of Truework
Checkr has announced its acquisition of Truework , a major player in income and employment verification. This strategic move allows Checkr to expand beyond background checks into the multi-billion dollar employment verification industry. Tr
Product NewsJobot Launches Jax 6.0 Featuring AI Fast Track
Jobot , the AI-powered recruiting and consulting firm, has unveiled Jax 6.0, the latest version of its proprietary recruiting platform designed to accelerate hiring and enhance candidate engagement. With intelligent features like Fast Track
Venture CapitalMultiply Mortgage Raises $23.5M Series A to Make Homeownership an Employee Perk
Multiply Mortgage, a fintech innovator, has secured $23.5 million in Series A funding led by Kleiner Perkins, bringing its total funding to $27 million. The company is revolutionizing employee benefits by offering lower mortgage rates—up to
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
Venture CapitalHelios Raises $15.5M to Transform Global Payroll & Workforce Management with AI
Helios , an AI-powered workforce management platform, has secured $15.5 million in seed funding to enhance how global companies hire, manage, and pay their teams compliantly. Founded by HR tech innovator Rick Hammell, Helios integrates payr
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