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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.
HR TechnologyWhen AI Does the Work, Who Manages the Worker?
From banking agents to skills acquisitions, today's deals force a question HR hasn't fully answered yet.
AI & AutomationKastle 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.
HR TechnologyThe Mid-Funnel Is Crowded — and Everyone's Trying to Own It
From consolidation plays to California's AI hiring crackdown, today's news circles one pressure point: who controls candidate evaluation, and under what rules.
Harver Acquires Symphony Talent, Creating a Global Talent Intelligence Solution for the AI Era
Harver has acquired Symphony Talent, combining predictive assessment and reference-checking with recruitment marketing, employer branding, and candidate CRM into a single platform the company is positioning as a global, end-to-end talent intelligence solution for the AI era. Financial terms were not disclosed.
Magentic raises $18M to build the AI workforce for the physical world
Magentic has raised an $18M Series A led by Felicis, with Sequoia Capital and The Westly Group participating. Its multi-agent digital workers manage procurement workflows end to end. Customers report 2–5% savings, 60% better data quality, and $4M found at one company.
Jack & Jill Secures $40M Series A to Replace Job Applications with AI Agents
Jack & Jill, an AI-native hiring marketplace, has closed a $40M Series A led by Air Street Capital, with Creandum and Madrona participating. The company is building AI agents that replace traditional job applications by orchestrating professional introductions between candidates and employers at scale — a direct challenge to incumbent ATS-driven hiring workflows.
HR TechnologyWorkforce Readiness Is the Day's Obsession — But Evidence Is the New Ask
Three vendors launched "readiness" products on the same day, which tells you something about where HR buyer anxiety is sitting right now.
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.
BoomerangHR emerges from stealth with $12.7M to automate offboarding and alumni networks
BoomerangHR launched from stealth with $12.7M in seed funding (led by Kalos Ventures and Album Ventures) for a platform that automates offboarding compliance and builds a verified alumni network matched to open roles. Warby Parker is an early customer.
Phenom Unveils Agenda for AI Day 2026, Its Annual Technical Showcase Behind Applied AI & Agents for HR
Phenom has published the agenda for AI Day 2026, its annual technical showcase centered on applied AI and agentic capabilities for HR. The event underscores the vendor's continued investment in AI-driven hiring and talent tools, though specific product announcements or launch details have not been disclosed.
HR TechnologyNara Health Raises $14M to Reinvent Health Insurance Through AI Benefits Administration and Alternative Health Plans
Nara Health, a Chicago-based startup, has closed $14 million in combined pre-seed and seed funding led by Khosla Ventures. The company is developing an AI-native Third Party Administration platform designed to overhaul employer-sponsored health benefits, with a particular focus on offering alternative health plans that reduce premium costs for the roughly 170 million Americans covered through their employers.
Jack & Jill Raises £30M Series A For AI Hiring Agents - konsulteer.com
AI recruiting startup Jack & Jill has reportedly closed a £30M Series A to build and scale AI hiring agents, according to konsulteer.com. The round underscores continued investor appetite for agentic automation in talent acquisition. Key details — including lead investor, valuation, and founding team — have not been disclosed in available reporting.
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.
Salesforce leads $166 million investment in HiBob, valuing Israeli HR tech company at $3.2 billion - calcalistech.com
Salesforce has led a $166 million funding round in HiBob, an Israeli-founded modern HRIS platform, pushing the company's valuation to $3.2 billion. The investment represents one of the largest recent bets on next-generation core HR infrastructure and underscores growing enterprise software interest in the HR technology sector.
Venture CapitalMinneapolis Workforce Trust Platform Yardstik Raises $30M Series B, Bringing Total Funding to $65M
Yardstik raised $30M in Series B funding led by Harbert Growth Partners, bringing total funding to $65M. The Minneapolis HR tech company reported 149% YoY revenue growth, 98% account retention and 99.4% customer satisfaction as it expands c
Venture CapitalFlip Raises $25 Million to Bring AI to Deskless Workers at Risk of Being Left Behind by the AI Revolution
Flip has raised $25M to expand AI access for frontline and deskless workers. Existing investors Notion Capital and HV Capital increased their stakes, while L-Bank joined as a new investor. Funding will support Fusion and Frontline Identity.
Company NewsWorkday Introduces AI Research Team Dedicated to Advancing Reliable, Trustworthy, and Efficient Enterprise AI
Workday has launched Workday AI Research to tackle enterprise AI challenges including agent memory, explainability and multi-agent orchestration. Its latest research reports 12% higher memory precision, ~8% better quality and 5.8% higher mu
Venture CapitalDeel Surpasses $1.5B ARR With 15th Acquisition, Embedding Clarity’s Deepfake Defense Across Global Hiring
Deel has acquired AI cybersecurity company Clarity in its 15th acquisition after surpassing $1.5B in ARR. Clarity’s deepfake detection and identity verification will connect candidate screening, onboarding, device provisioning, and workforc
Company NewsADP Reports $21.95 Billion in Fiscal 2026 Revenue as AI Adoption Accelerates Across HCM, Service, and Sales
ADP closed fiscal 2026 with broad-based growth across revenue, earnings, client retention, and AI-enabled product adoption. Full-year revenue increased 7% to $21.95 billion, while net earnings rose 8% to $4.41 billion. Adjusted EBIT reached
Venture CapitalNew York-Based Harmony Raises $34M Seed Round to Reinvent Employee Support with AI Agents
Harmony , a New York-based AI platform for enterprise employee support, has raised $34 million in seed funding led by Lightspeed Venture Partners. Hitachi Ventures, Fin Capital, Mercer Ventures, Operator Partners and several angel investors
Venture CapitalU.S. Electrician Staffing Platform Buildforce Raises $10M Series A for National Expansion
Buildforce raised a $10M Series A led by Saepio Capital, with Blue Heron Capital, Revolution’s Rise of the Rest Seed Fund, S3 Ventures and Chicago Ventures participating. The electrician staffing platform reports 2M+ work hours across 2,000
Company NewsWorkday Adaptive Planning Achieves FedRAMP Moderate Authorization to Support Federal Workforce and Budget Planning
Workday Adaptive Planning has achieved FedRAMP Moderate authorization, enabling U.S. federal agencies to securely connect workforce planning, budgeting and forecasting. The solution includes audit capabilities, FIPS 140-3 compliant security
Mercor to Acquire Deeptune, Strengthening Reinforcement Learning Environments for AI Agents
Mercor will acquire Deeptune, the New York-based creator of high-fidelity reinforcement learning environments for AI agents. Deeptune’s team, led by founder & CEO Tim Lupo, will join Mercor in NYC. The deal follows Deeptune’s...
Straiker Raises $64M Series A to Secure the Agentic Workforce
Straiker raised a $64M Series A, bringing total funding to $85M. The round was led by Marathon Management Partners, Citi Ventures, Illuminate Financial, and Workday Ventures, with Bain Capital Ventures and Lightspeed continuing support....
Warp Raises $60M Series B to Challenge Workday, Rippling, and ADP in AI-Native Payroll Compliance
Warp has raised $60M in Series B funding led by Battery Ventures, with Peak XV, Sound Ventures, Y Combinator, and HOF Capital participating. The AI-native startup automates payroll, onboarding, tax compliance, IT management, benefits...
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...
New York-Based HeyMilo Raises $6 Million After Screening Over One Million Candidates
HeyMilo AI has raised $6M led by Category Ventures, with participation from Canaan Partners, Alumni Ventures, and ERA. The company has already screened over 1 million candidates and serves organizations including Randstad, WilsonHCG, and...
Madrid HR Tech Startup Orbio Raises $21 Million Series A to Reinvent Frontline Workforce Management with AI Agents
Orbio has raised $21M (£16M) in Series A funding led by Dawn Capital to automate hiring, onboarding, engagement, and retention for frontline workers. Customers include Yum! Brands, Adecco, Poke House, and AWWG. The company...
Workday Global Research Finds AI Reduces Burnout but May Deepen the Workplace Connection Deficit
Workday’s new Human Connection Workplace Index surveyed 2,150 AI-using employees across 7 countries. While 62% say AI has reduced stress or burnout risk and 86% feel more productive, 14% have taken time off due to loneliness or social isola
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