Acorn, a Vancouver-based AI-powered performance and learning management platform, has secured $12.3 million in Series A funding led by Level Equity. The funding will accelerate product innovation and global expansion, coinciding with the launch of Capabilities AI — a new tool that maps role-specif
WedgeHR, an HR tech innovator in video interviewing, has announced a new strategic funding round led by a consortium of HR tech veterans and growth investors. The round includes BDev Ventures and several seasoned operators, with new board appointments and executive hires signaling WedgeHR’s expans
Darwinbox has become the first global Human Capital Management (HCM) platform to launch its own Model Context Protocol (MCP) Server, marking a major leap toward enabling secure, intelligent collaboration between AI agents and enterprise systems. This innovation allows MCP-compatible agents to access
Rippling has raised $450M in a Series G round, boosting its valuation to $16.8B. The round includes investors like Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator. A $200M tender offer accompanies the funding, allowing equity repurchase from employees. The
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 With outdated compensation benchmarks often based on data that is over a year old, Ravio offers real-time insights by integrating directly with HR s
On May 7, 2025, Engagedly, an AI-powered talent management platform, announced its acquisition of hiringtool.co, a GenAI-first applicant tracking system (ATS) tailored for startups and SMEs. This strategic move integrates intelligent hiring workflows with Engagedly’s broader suite for performance,
At Knowledge 2025, ServiceNow and UKG unveiled a groundbreaking partnership to integrate their AI platforms—ServiceNow's newly launched AI Agent Fabric and UKG's People Fabric—to transform HR, payroll, and workforce management. This strategic alliance aims to boost employee productivity and oper
Quantum Workplace, a leading provider of employee engagement and performance management solutions, has appointed Joe Holland as its new CEO, marking a significant leadership transition as Co-Founder Greg Harris steps into a board role after over two decades at the helm. Holland, known for scaling mi
Confirm has launched its AI-powered One-Click Performance Reviews to simplify, accelerate, and bring fairness to performance management. Built on Organizational Network Analysis (ONA), the solution auto-generates self-assessments and manager feedback using real-time data from work platforms like Jir
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 capabilities—especially strong in the trucking sector
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