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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.
Workforce PlanningIreland’s labour market steadies but AI hiring is up, finds report - Silicon Republic
Ireland's labour market is broadly stabilising, but demand for AI-related roles is bucking the trend and climbing, according to a report covered by Silicon Republic. The divergence signals a structural reorientation of hiring priorities that HR leaders and recruiters across Ireland — and potentially the wider European market — should incorporate into near-term workforce strategies.
Why candidate evaluation is the next frontier for talent acquisition
Eightfold AI is making the case that mid-funnel candidate screening — long overlooked in recruiting automation — is the next major opportunity for AI. The company's Interviewer product delivers asynchronous, AI-led structured interviews designed to clear bottlenecks that persist even when top-of-funnel sourcing is already automated. Eightfold argues that surging application volumes against a backdrop of flat recruiter headcount make this capability a strategic, not optional, investment for talent acquisition teams.
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.
New Survey from Legion Technologies Finds Workforce Technology Is Improving Employee Flexibility and Operational Efficiency
Legion Technologies has released its 2026 State of the North American Hourly Workforce report, surveying hourly employees and managers across 11 industries. The headline finding, according to the company, is that modern workforce management (WFM) technology is enabling organizations to deliver greater schedule flexibility to workers while simultaneously improving operational efficiency — a pairing long assumed to involve painful trade-offs.
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.
ADP National Employment Report Preliminary Estimate for August 29, 2026
ADP reportedly released a preliminary estimate of its National Employment Report for August 29, 2026, according to HR Tech Feed. The feed item contains no actual employment figures or HR-technology context, making meaningful analysis impossible at this stage.
India’s Darwinbox Secures Follow-on Investment from TVG; Amount and Round Undisclosed
Teachers' Venture Growth has made its second investment in Darwinbox, following its 2025 entry. Darwinbox serves 1,400+ companies and 4.5 million employees globally. Its AI-native HCM platform, Darwinbox Cortex™, launched in August. Investment terms were not disclosed.
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.
G-P Secures #1 Position in HR Technology Advice’s (HRTA) Inaugural EOR Market Report - The Malaysian Reserve
G-P (Globalization Partners) has reportedly claimed the #1 ranking in HR Technology Advice's (HRTA) first-ever Employer of Record market report — a milestone that underscores both the company's market positioning and the growing analyst scrutiny of the EOR sector.
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.
HR Leadership & Executive MovesAscensus Appoints Edward Greene as Chief Human Resources Officer - PR Newswire
Ascensus, a retirement and benefits services firm, has named Edward Greene as its new Chief Human Resources Officer. No further details — including Greene's background, prior employer, or strategic mandate — were disclosed in the company's announcement.
ADP Partners with AWS to Accelerate AI-Powered Innovation in Human Capital Management - HRTech Series
ADP has announced a strategic partnership with Amazon Web Services (AWS) aimed at accelerating AI-powered innovation across its Human Capital Management platform. According to the source report, the alliance represents a deeper cloud-infrastructure commitment intended to speed up product development for enterprise HR buyers. Specific deal terms, financial details, and named product deliverables were not disclosed in the available information.
Main Capital Partners Acquires Majority Stake in UK-Based Orgvue in First UK Platform Investment
Main Capital Partners Acquires Majority Stake in UK-Based Orgvue in First UK Platform Investment. Main Capital Partners has acquired a majority stake in London-headquartered Orgvue, marking the software investor’s first platform investment in the UK. Orgvue provides cloud-based Strategic Workforce Management software used by close to 200 global enterprise
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 CapitalUK-Headquartered HiBob Secures $166M Investment Led by Salesforce to Build Organizational Intelligence for the AI Enterprise; Round Undisclosed
HiBob secured a $166M investment led by Salesforce, with Farallon Capital Management participating. The company is positioning Bob as an Organizational Intelligence layer, using trusted workforce context to make AI agents and enterprise dec
Company NewsWorkday Revenue Hits $2.649 Billion as AI Drives More Than 25% of New ACV
Workday reported fiscal 2027 second-quarter revenue of $2.649 billion, up 12.8% year over year, with subscription revenue rising 13.9% to $2.471 billion. More importantly, AI is beginning to show measurable commercial impact: CEO Aneel Bhus
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 CapitalLattice Acquires Pando to Accelerate the Shift from Periodic Reviews to AI-Native Continuous Performance
Lattice has acquired Pando , the just-in-time performance platform. Pando founder and CEO Barbra Gago will join Lattice as Chief Marketing and Strategy Officer. The deal adds progression, evidence-based calibration and real-time performance
HotNewsWorkday Surges on Reported Silver Lake Takeover Talks: A New Test for SaaS in the AI Era
A reported takeover approach has suddenly put Workday at the center of one of the largest potential enterprise software transactions in years. Reuters reported on August 13 that technology investment firm Silver Lake has been in discussi
Venture CapitalMarsh McLennan Agency to Acquire Accel Holdings, Adding 130+ Employees and Seven Midwest Offices
Marsh McLennan Agency will acquire Iowa-based Accel Holdings, Inc. The Accel Group has 130+ employees and 7 offices across Iowa, Illinois, Missouri and Kansas, spanning insurance, employee benefits, agribusiness, wealth and retirement advis
Company NewsPaylocity FY2026 Revenue Reaches $1.771 Billion as Net Income Rises 18.8% and AI Strategy Accelerates
Paylocity closed fiscal 2026 with double-digit growth, stronger profitability, and an expanded product strategy spanning HR, Finance, and IT. Fourth-quarter revenue rose 11.0% year over year to $444.7 million, while recurring and other reve
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 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 NewsSegal Survey Projects Health Plan Cost Trend to Reach 15-Year Historic Highs Driven by GLP-1s, Inflation, AI, and Surprise Billing Arbitration
Segal’s 2027 Health Plan Cost Trend Survey projects that the median cost trend for employer-sponsored medical plans will reach 9.9%, approaching a 15-year high, while prescription drug costs are expected to rise 11.5%. Based on responses re
Signal Labs Acquires BrassRing to Build an Enterprise System of Attention on 25 Years of Talent Data
Signal Labs has acquired BrassRing, combining SignalOS™ with 25 years of talent outcome data across 172 countries and 42 languages. The platform will flag roles likely to stall, identify promising candidates and surface internal...
CoAdvantage and PrimePay Launch CoAd, Unbundling Traditional PEO Services for the First Time
CoAdvantage and PrimePay have launched CoAd, a unified payroll, HR and PEO brand serving 17,000+ clients and processing over $15B in annual payroll. Its modular model lets employers access co-employment without being required to...
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