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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday 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
Workday Announces Fiscal 2027 First Quarter Financial Results
Workday reported fiscal 2027 first-quarter revenue of $2.542 billion, up 13.5% year over year, with subscription revenue reaching $2.354 billion, up 14.3%. The company also delivered stronger profitability, with GAAP operating income of $33
Venture CapitalLettuce Financial Secures $28 Million Series A Funding to Expand Its AI-Powered Operating System for One-Person Businesses
Lettuce Financial has secured $28 million in funding to expand its AI-powered operating system for solopreneurs and has acquired benefits startup Besolo to integrate healthcare access. The platform serves businesses of one, streamlining ta
Venture CapitalLondon-based Origin Secures $21M Series A to Revolutionize Global Benefits Intelligence
Origin today launched the world’s first Global Benefits Intelligence platform, securing $21 million in a Series A led by Felix Capital (with Acadian Ventures and Notion Capital). Powered by its AI engine Cuido™, Origin centralizes and struc
Product NewsSalary.com Unveils Agentic AI Platform for HR and Compensation
Salary.com has launched the first-ever Agentic AI platform tailored specifically for HR and compensation professionals. By integrating advanced agentic AI and large language models (LLMs), this platform automates complex workflows, enables
Company NewsCoursera Reports Fourth Quarter and Full Year 2024 Financial Results
Coursera (NYSE: COUR) announced its Q4 and full-year 2024 financial results, reporting $694.7 million in revenue for the year, a 9% increase from 2023. The company achieved positive Adjusted EBITDA of $41.5 million , marking a financial tur
Venture CapitalAtlantic International Acquires Staffing 360: Creating a Leading Human Capital Powerhouse
Atlantic International Corp. and Staffing 360 Solutions, Inc. have entered into a definitive merger agreement aiming to establish a leading company in human capital management, workforce solutions, and outsourced services. With projected co
Venture CapitalTilt Raises 15M in Series B to Revolutionize Leave Management Technology
Tilt , a leader in leave management solutions, has successfully raised $15 million in Series B funding led by Bramalea Partners, with contributions from HearstLab, Firework Ventures, Origin Ventures, and Techstars. The funding will enable T
Product NewsRightpoint, a Genpact Company, Launches Knowledge AI and Search Function to Drive Productivity Across Enterprises
Rightpoint , a global experience leader and a Genpact company, has launched its Knowledge AI and Search solution. This solution integrates Microsoft Azure AI, Azure OpenAI Service, Azure AI Search, Copilot for Microsoft 365, and Microsoft V
ColumnWorkday's Q1 FY2025: A Surge in Revenues and AI-Driven Growth
Workday, Inc. reported impressive fiscal 2025 first-quarter results, showcasing strong revenue growth and significant improvements in profitability. Total revenues reached $1.990 billion, an 18.1% year-over-year increase, while subscription
Company NewsMeBeBot Drives Digital Employee Experience Excellence in Q1 2024
Expands Compliance AI Platform, Strengthens Leadership, and Earns G2 Recognition AUSTIN, Texas , April 16, 2024 -- MeBeBot ™, the leading provider of AI-powered employee experience (EX) solutions, today announced significant milestones a
EarningsThe Adecco Group: Q4 & FULL YEAR 2023 RESULTS
In 2023, Adecco Group demonstrated strategic resilience, achieving a 3% organic revenue growth amidst challenging conditions, culminating in a record €23,957 million annual revenue. The fourth quarter showed notable performance with a 1% or
EarningsServiceNow Reports Fourth Quarter and Full-Year 2023 Financial Results
ServiceNow , a leader in digital workflow solutions, has exceeded its guidance in all top-line growth and profitability metrics for Q4 2023. The company reported a remarkable 27% year-over-year growth in subscription revenues, reaching $2,3
Product NewsSterling to Offer Market Leading Clinical Solutions Through Acquisition of Vault Workforce Screening
Sterling Check Corp (NASDAQ: STER), a distinguished leader in background screening and identity services, has strategically acquired Vault Workforce Screening, a prominent U.S. clinic management platform. This acquisition not only expands S
Venture CapitalEmpowering the Workforce: Nowsta's $35M Series C to Transform Contingent Hiring
Nowsta, a leading technology firm shaping the gig workforce's operating systems, has announced a substantial $35 million in Series C funding. This financial boost is in stride with the unveiling of Nowsta Staffing Labs, a groundbreaking ini
Venture CapitalFuturis Acquires Healthcare Staffing Business from Recruiter.com
NEW YORK, NY / August 15, 2023 / Recruiter.com Group, Inc. (NASDAQ: RCRT)(NASDAQ: RCRTW) ("Recruiter.com" or "the Company") today shares exciting news: Futuris Company (OTC: FTRS), a leader in Human Capital Management (HCM), has reached an
Venture CapitalThe Panther Group Acquires Wisconsin-Based Managed Service Provider, Enterforce
MAYNARD, Mass. , Feb. 8, 2023 -- The Panther Group (Panther) , a Massachusetts -based full-service staffing and recruiting firm, has acquired Enterforce, Inc. (EFI) , a Wisconsin -based Managed Service Provider (MSP), in a stock purchase
Venture CapitalOnit Acquires SecureDocs, Broadening Its Contract Lifecycle Management Portfolio and Market Reach
HOUSTON, January 11, 2022 – Onit, Inc. , a leading provider of enterprise workflow solutions including enterprise legal management and contract lifecycle management, today announced that it has acquired SecureDocs , a global software compa
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