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Trayd Raises $10M to Transform Payroll for Specialty Trade Contractors with 31× Productivity Gains
Trayd raises $10M Series A led by White Star Capital, bringing total funding to $15M. Its construction payroll platform cuts processing time from 14 hours to 27 minutes while handling union rules, multi-state taxes, and compliance. Targets a $2T U.S. construction market. NEW YORK, March 25, 2
Mar 25, 2026
HR software
Viventium Acquires NYC Hiring Platform Apploi to Build National Healthcare-Exclusive HCM
Viventium has acquired Apploi to form a healthcare-exclusive HCM platform integrating recruiting, credentialing, onboarding, payroll, and workforce management. The combined system supports ~800,000 employees and 9,000+ providers across all 50 states. Deal closed Jan 30, 2026. Terms undisclosed. A
Feb 4, 2026
HR software
Thoma 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 public markets, losing 60% of its value since 2021. The acqui
Aug 19, 2025
HR software
Employee Navigator Raises $100M to Fuel AI-Powered HR and Benefits Platform Expansion
Employee Navigator, a leading U.S.-based benefits administration and HR software provider, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity. This minority investment facilitated a $120 million tender offer, providing liquidity to early shareholde
Aug 4, 2025
HR software
CoAdvantage and PrimePay Merge to Create a Comprehensive HCM Powerhouse
CoAdvantage, a leading Professional Employer Organization (PEO), has successfully merged with PrimePay, a well-established payroll and HR software provider. Backed by private equity firm Aquiline, the combined entity aims to offer a more comprehensive Human Capital Management (HCM) platform to bette
Jun 30, 2025
HR software
Paylocity Q3 FY2025 Revenue Rises 13% to $454.5M, Adjusted EBITDA Hits $197M
Paylocity reported strong third-quarter fiscal 2025 results, highlighted by double-digit revenue and earnings growth. The company posted total revenue of $454.5 million, up 13% year-over-year, with recurring revenue rising 15% to $421.1 million. GAAP net income reached $91.5 million, or $1.61 per di
May 2, 2025
HR software
Spain’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 Factorial’s go-to-market (GTM) strategy, primarily focusing
Mar 20, 2025
HR software
Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results
aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year, with a GAAP net income of $502 million (27% of total revenues). Adjusted EBITDA reached $775 million (41% of revenues). For Q4
Feb 12, 2025
HR software
Selerix 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 comprehensive SaaS platform that integrates Selerix’s administ
Feb 6, 2025
HR software
Canada-Based Borderless AI Secures $5M Seed Extension, Raising Total Funding to $32M for HR Tech Innovation
Borderless AI has introduced HRGPT, a transformative AI-powered search engine designed specifically for HR teams and employees. HRGPT enables real-time retrieval of internal HR data and external HR regulations while providing transparency through citations. Its advanced capabilities include drafting
Jan 17, 2025
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