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CoAdvantage & 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 more flexible and comprehensive suite of HR and payroll solution
Mar 5, 2025
HR Technology
Talent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds
Workday’s latest report, The Global State of Skills, highlights a growing concern among business leaders: 51% fear future talent shortages, and only 32% feel confident in their workforce’s skills for long-term success. As AI reshapes industries, organizations are increasingly shifting to skills-
Mar 5, 2025
HR Technology
Paychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends
Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to completion within the first half of 2025. The acquisition is
Feb 27, 2025
HR Technology
Workday and Randstad Partner to Transform Hiring with AI
Workday and Randstad have partnered to revolutionize talent acquisition by integrating Workday’s AI-powered Recruiting Agent with Randstad’s vast talent network. This collaboration streamlines the hiring process, allowing recruiters to instantly connect with top talent and make faster, data-driv
Feb 27, 2025
HR Technology
ZipRecruiter Announces Fourth Quarter and Full Year 2024 Results
ZipRecruiter reported annual revenue of $474 million, with Adjusted EBITDA reaching $78 million, representing a 16% margin. However, the company also posted a net loss of $12.9 million, resulting in a -3% net income margin. Despite macroeconomic pressures, ZipRecruiter remains resilient, with a proj
Feb 26, 2025
HR Technology
Workday 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 rose 15.9% to $2.040 billion. Annual revenues were $8.446 billi
Feb 25, 2025
HR Technology
AI-Powered Hiring: Perfect Secures $23M to Redefine Recruitment Efficiency
Perfect, an AI-driven recruitment platform, has secured $23M in Seed funding to revolutionize the hiring process through agentic AI. By automating candidate sourcing, interview scheduling, and job matching, Perfect reduces time-to-hire by 75% and increases relevant candidate matches by 90%. The fund
Feb 25, 2025
HR Technology
AI-Driven Hiring Platform Mercor Secures $100M Series B, Reaching $2B Valuation Amid Rapid Growth
Mercor , an AI-driven recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B funding round, valuing the company at $2 billion. Led by Felicis, with participation from Benchmark, General Catalyst, and DST Global, the funding marks an eightfold increase fr
Feb 20, 2025
HR Technology
Alight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth
Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue growing 9.8% to $146 million, now accounting for 21.5% of total
Feb 20, 2025
HR Technology
Talent Intelligence Leader Loxo Raises $115M to Revolutionize AI Recruiting with Tritium Partners Investment
Loxo, a leading AI-powered talent intelligence platform, has secured a $115 million growth investment led by private equity firm Tritium Partners. This funding will accelerate AI and product development, further solidifying Loxo's position in the recruiting software market. Recognized for its AI-dri
Feb 20, 2025
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