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TriNet Q3 2025 Earnings — Revenue $1.2 Billion with Adjusted EBITDA of $100 Million
TriNet Group, a leading HR solutions provider for small and midsize businesses, reported Q3 2025 revenue of $1.2 billion, down 2% year over year. Net income fell to $34 million ($0.70 per share), while adjusted EBITDA reached $100 million (8.2% margin). Despite a 6% drop in average worksite employee
Oct 29, 2025
SMB
Gusto to Acquire Guideline, Creating a Unified HR and Retirement Platform for Small Businesses
Gusto has announced an agreement to acquire Guideline, a leading retirement benefits platform serving over one million people and 65,000 small businesses. The deal, pending final approvals, aims to create a unified solution for payroll, HR, benefits, and retirement. With regulatory momentum—25+ st
Aug 28, 2025
SMB
AI-Native Platform Niural Secures $31M to Automate Payroll and Global Ops
Niural, an AI-native global PEO platform, has raised $31 million in Series A funding to reinvent financial operations for modern CFOs. By combining proprietary infrastructure with executional AI agent EMMA, Niural transforms traditional payroll into a system of intelligence that manages compliance,
Jun 26, 2025
SMB
TriNet Announces First Quarter 2025 Results
TriNet Group, a leading HR solutions provider for SMBs, reported its Q1 2025 results with $1.3 billion in total revenue, up 1% year-over-year. Despite macroeconomic challenges, the company delivered solid performance aligned with full-year guidance. However, key metrics such as adjusted EBITDA and n
Apr 25, 2025
SMB
Paychex Completes Acquisition of Paycor
Paychex has officially acquired Paycor in an all-cash transaction valued at approximately $4.1 billion. This strategic deal merges two HCM powerhouses and aims to create the industry's most comprehensive and flexible AI-driven HR and payroll platform. The acquisition strengthens Paychex’s upmarket
Apr 14, 2025
SMB
Deel Amplifies Global HR Capabilities with Strategic Acquisition of German Tech Company Zavvy
Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. Deel, known for payroll and HR services for distributed workfo
Feb 28, 2024
SMB
TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO
TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful IPO and strategic acquisitions. Simonds, with extensive expe
Feb 15, 2024
SMB
Employee Cycle Closes $2.5M Seed Round to Automate HR Reporting Process
Employee Cycle, the leading HR analytics dashboard for small and medium-sized businesses, has closed a $2.5 million seed round of financing, led by Impellent Ventures. The round included participation from Collab Capital, Converge VC, as well as other angel investors and contributors. The use
Sep 27, 2022
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