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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300The 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.
Magentic raises $18M to build the AI workforce for the physical world
Magentic has raised an $18M Series A led by Felicis, with Sequoia Capital and The Westly Group participating. Its multi-agent digital workers manage procurement workflows end to end. Customers report 2–5% savings, 60% better data quality, and $4M found at one company.
Lockheed Martin Advances Workforce Transformation with SAP SuccessFactors Solutions
Lockheed Martin has gone live on a comprehensive SAP SuccessFactors cloud HCM suite — spanning Employee Central, Payroll, Recruiting, and Onboarding — consolidating HR operations for its approximately 123,000 employees and decommissioning legacy systems, with the unified data layer cited as a foundation for the company's broader AI workforce strategy.
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 CapitalFlip Raises $25 Million to Bring AI to Deskless Workers at Risk of Being Left Behind by the AI Revolution
Flip has raised $25M to expand AI access for frontline and deskless workers. Existing investors Notion Capital and HV Capital increased their stakes, while L-Bank joined as a new investor. Funding will support Fusion and Frontline Identity.
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 CapitalNew York-Based Harmony Raises $34M Seed Round to Reinvent Employee Support with AI Agents
Harmony , a New York-based AI platform for enterprise employee support, has raised $34 million in seed funding led by Lightspeed Venture Partners. Hitachi Ventures, Fin Capital, Mercer Ventures, Operator Partners and several angel investors
Company NewsWorkday Adaptive Planning Achieves FedRAMP Moderate Authorization to Support Federal Workforce and Budget Planning
Workday Adaptive Planning has achieved FedRAMP Moderate authorization, enabling U.S. federal agencies to securely connect workforce planning, budgeting and forecasting. The solution includes audit capabilities, FIPS 140-3 compliant security
Skillsoft Completes Sale of Global Knowledge Business to Focus on AI-Native Skills Management Platform
Skillsoft has completed the sale of its Global Knowledge business to an affiliate of Enduring Ventures. The deal sharpens Skillsoft’s focus on its AI-native skills management platform, while a strategic partnership preserves customer access...
Straiker Raises $64M Series A to Secure the Agentic Workforce
Straiker raised a $64M Series A, bringing total funding to $85M. The round was led by Marathon Management Partners, Citi Ventures, Illuminate Financial, and Workday Ventures, with Bain Capital Ventures and Lightspeed continuing support....
Workday Launches New Tools for Developers to Build, Connect, and Verify AI Agents For HR, Finance, and IT
Workday unveiled three major AI agent capabilities at DevCon 2026: Developer Agent, Agent-Ready Tools, and Agent Passport. Developers can now build HR and finance agents using natural language in Claude Code, Cursor, Codex, Cline, and Googl
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
Cornerstone Launches Workforce AI to Redefine Enterprise Workforce Readiness
Cornerstone has launched Cornerstone Workforce AI™, an intelligence platform for workforce readiness powered by Cornerstone People Graph™, Cornerstone Skills Engine, 55,000+ skills, 1B+ workforce profiles, labor market intelligence, and Rea
Venture CapitalGreenhouse Acquires Ezra AI Labs to Reinvent AI Interviewing with Voice Conversations
Greenhouse is acquiring Ezra AI Labs ,to bring voice-based AI interviews into its hiring platform. With applications per recruiter up 412% since 2023 and 74% of candidates using AI, the deal aims to improve early-stage screening with struct
Venture CapitalRemote acquires France-based identity and device management company Bravas to strengthen global team infrastructure
Remote has acquired Bravas , a French identity and device management software company, to expand its platform beyond payroll, HR, and compliance. The move positions Remote closer to a single system for the full employee lifecycle as global
Product NewsOracle Introduces Fusion Agentic Applications
Oracle has introduced Fusion Agentic Applications, a new class of enterprise software designed to move beyond traditional automation toward outcome-driven execution. Announced at Oracle AI World, these applications leverage coordinated team
Venture CapitalSilicon Valley-based Novaworks Raises $8M Seed to Build Agentic Workforce Operating System
Novaworks , an AI-native Human Capital Management (HCM) platform built on the ServiceNow ecosystem, has officially launched alongside an $8 million seed funding round led by Stalwart Ventures, with participation from ServiceNow Ventures and
Product NewsWorkday Launches Sana: 300+ Skill AI Agents Transform HR and Finance Workflows
Workday launches “ Sana ,” a new AI interface embedded directly into HR & finance workflows. With 300+ skills, Sana agents can find data, execute tasks, and automate workflows across systems like Salesforce, Outlook, and Google Drive—all wi
Product NewsU.S. startup back-office platform Every launches AI-native agents spanning payroll, benefits, HR compliance, and taxes
Every has launched new AI-native back-office agents for startups and SMBs, including AI CFO, AI Bookkeeper, and AI CHRO. The platform combines banking, payroll, benefits, HR compliance, bookkeeping, and taxes into one system, aiming to give
Product NewsAI Fraud Detection Platform deepidv Secures $1M Seed and Launches Deepfake Defense Suite
Toronto-founded identity verification startup deepidv has raised a $1 million seed round while expanding operations to San Francisco and launching a comprehensive AI-powered fraud detection suite designed to combat the rapidly growing threa
Product NewsSan Francisco Identity Platform Persona Launches Candidate Verification to Combat Hiring Fraud
Identity platform provider Persona has launched a new Candidate Verification solution designed to help companies verify the real-world identity of job applicants during the hiring process. The product integrates directly with leading applic
Venture CapitalNextWork Raises $4.45M Seed Round for AI Skills Verification Platform
NextWork , a platform focused on helping individuals build practical AI skills through real-world projects, has raised $4.45 million in a Seed round led by Shakti VC, with participation from Cake Ventures and returning investors including G
Company NewsICIMS Unveils Coalesce AI and New Brand Identity, Doubling Down on Responsible AI for Enterprise Hiring
iCIMS unveiled a new brand identity and introduced ICIMS Coalesce AI, its unified enterprise AI layer embedded across the platform. Serving 4,400+ companies in 200 countries, iCIMS emphasizes responsible AI, governance and human oversight a
Company NewsDHI Group Enters Direct Federal Contracting via $5.5M Acquisition
DHI Group, Inc . (NYSE: DHX) has acquired Point Solutions Group for an estimated $5.5 million, including $5.0 million in cash upfront and up to $0.5 million contingent on 2026 revenue targets. The transaction strengthens DHI’s ClearanceJobs
Venture CapitalAtlanta-Based AI Leadership Platform Huper Raises $1.5M Pre-Seed
Atlanta-based Huper has raised $1.5M in pre-seed funding from Nadia Partners, Link Ventures, and Jim Brown (Long Ridge Equity Partners) to build a security-first AI Chief of Staff. The platform launches alpha April 15 and aims to reduce the
Company NewsOpenAI Appoints Arvind KC as Chief People Officer: Why Organizational System Design Is Now a Strategic AI Priority
OpenAI has appointed Arvind KC as its new Chief People Officer (CPO), a move that signals a decisive shift in how leading AI companies are thinking about scale, governance, and long-term competitive advantage. In an era where artificial int
ColumnWorkday Announces Fiscal 2026 Fourth Quarter and Full Year Financial Results
Workday reported strong fiscal 2026 fourth quarter and full-year results, underscoring sustained growth and expanding profitability as it accelerates its enterprise AI strategy. Q4 total revenues reached $2.532 billion, up 14.5% year-over-y
Venture CapitalBerlin-Based Kombo Secures $25M to Accelerate People Data Interoperability
Kombo , a Berlin-based startup building a unified API platform for HR tech and workforce systems, announced that it has raised $25 million in a Series A financing round led by Volition Capital , with participation from existing investors Ac
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