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Magentic raises $18M to build the AI workforce for the physical world
Funding

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.

Sep 17, 2026
Product News

Ethos Launches the Readiness Engine, A Living Map of Workforce Capability

Ethos has launched the Readiness Engine, a new capability that maps organizational requirements to role-specific skills and continuously measures workforce proficiency. It links knowledge, training, assessments and operational data to surfa

Aug 11, 2026
Skillsoft Completes Sale of Global Knowledge Business to Focus on AI-Native Skills Management Platform
Company News

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...

Jul 6, 2026
Product News

Oracle 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

Mar 24, 2026
Venture Capital

Chicago-based Yourco Raises $6M Series A and Launches AI-Powered Frontline Intelligence Platform

Chicago-based workforce communication platform Yourco  has launched Frontline Intelligence , an AI-powered capability designed to transform everyday frontline employee communication into real-time operational insights. Built on the company’

Mar 9, 2026
Venture Capital

Seattle-based AI Compliance Platform Certivo Raises $4M Seed Round

Seattle-based Certivo has raised a $4 million seed round led by Suffolk Technologies, with participation from Pioneer Square Ventures and other investors, to establish a new category: AI-native compliance automation. The company positions i

Feb 17, 2026
Venture Capital

Chicago-Based Hirewell Acquires CS Recruiting, Building a Tech-Enabled Supply Chain Talent Powerhouse in North America

Hirewell has acquired CS Recruiting , a specialist firm in supply chain, logistics and transportation recruiting. The combined organization becomes one of the most comprehensive supply chain talent resources in North America, integrating CS

Dec 2, 2025
Venture Capital

Findem Raises $51 M Series C (USA) to Build World’s Largest Expert-Labelled Talent Dataset

In a significant development for HR tech, Findem  has raised $51 million in Series C funding to revolutionize talent acquisition through AI powered by expert-labeled, 3D human data. The round, led by SLW with participation from Wing Venture

Oct 21, 2025
Venture Capital

Israeli Startup Gain Introduces AI Workforce Layer, Raises $12M to Redefine Procurement

Gain , an Israel-based deeptech startup, has launched its first AI Employees designed to manage end-to-end procurement processes. The company announced a $12M seed funding round led by The Garage, with participation from BlueRed Partners an

Sep 29, 2025
Company News

Josh Bersin Company Research Reveals How Talent Acquisition Is Being Revolutionized by AI

The Josh Bersin Company has released new research, in collaboration with AMS, revealing how AI is revolutionizing talent acquisition (TA). The $850 billion global recruiting market is undergoing a seismic shift from manual, fragmented recru

Sep 16, 2025
Company News

UKG Appoints Jim Joudrey as Chief Technology Officer

UKG , a global leader in AI-first HR, payroll, and workforce management solutions, has appointed Jim Joudrey as Chief Technology Officer. With over two decades of experience at Amazon, Salesforce, and AWS, Joudrey will lead UKG’s 4,000+ eng

Aug 20, 2025
Venture Capital

SAP to Acquire SmartRecruiters: Integrating Innovative Talent Acquisition Portfolio Will Help Companies Attract and Retain Top Talent

SAP   has announced its agreement to acquire SmartRecruiters , a leading provider of AI-powered talent acquisition solutions. This strategic move aims to enhance SAP’s SuccessFactors HCM suite by integrating SmartRecruiters’ strengths in re

Aug 1, 2025
HotNews

America’s AI Action Plan: White House Charts Bold Course for Global AI Leadership

Washington, D.C., July 23, 2025 — The White House has released a sweeping 28-page blueprint titled America’s AI Action Plan , outlining over 90 federal policy directives aimed at securing U.S. dominance in artificial intelligence across inn

Jul 23, 2025
Venture Capital

WorkWhile Secures $23 Million Series B, Fueling AI-Powered Revolution in $650B Staffing Industry

WorkWhile , an AI-driven labor platform transforming the $650B staffing industry, has raised $23 million in a Series B round led by Rethink Impact. The company leverages machine learning to match businesses with reliable hourly workers, ach

Jun 16, 2025
Company News

First HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis

The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat

Mar 7, 2025
Company News

Docebo Reports $57M Q4 Revenue & $217M Annual Revenue, Driven by AI-Powered Learning

Docebo Inc. (NASDAQ: DCBO; TSX: DCBO), a leader in AI-driven learning platforms, reported strong financial results for Q4 and fiscal year 2024. The company achieved $57 million in Q4 total revenue (16% YoY growth) and $216.9 million for the

Feb 28, 2025
Venture Capital

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 positi

Feb 20, 2025
Earnings

HireQuest Reports Q3 Growth: Franchise Royalties Increase to $9M, Adjusted Net Income Rises 29%

HireQuest , Inc., a national franchisor of staffing services, reported its Q3 2024 financials, showing slight growth in key revenue streams despite market challenges. Franchise royalties grew by 0.9% to $9.0 million from $8.9 million in the

Nov 8, 2024
Venture Capital

Paylocity Announces Completion of Acquisition of Airbase Inc.

Paylocity has successfully completed the acquisition of Airbase Inc., a spend management platform. This acquisition allows Paylocity to integrate Airbase’s finance tools, including bill pay, expense management, and procurement, into its clo

Oct 1, 2024
Company News

Endera Unveils Next-Generation Continuous Evaluation Platform for Workforce Risk Management

Endera , a leader in workforce risk management, has launched its next-generation Continuous Evaluation (CE) platform to transform post-hire risk monitoring and mitigation. This innovative platform features advanced identity proofing with bl

Sep 17, 2024
Product News

Oracle Unveils 50+ AI Agents to Transform Work Across Finance, HR, and More

Oracle has announced the launch of over 50 specialized AI agents embedded within Oracle Fusion Cloud Applications, aimed at redefining business operations across various functions such as finance, HR, supply chain, sales, marketing, and cus

Sep 11, 2024
Venture Capital

Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider

Paylocity   Corporation (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll solutions, announced its definitive agreement to acquire Airbase Inc., a prominent spend management software provider. This acquisition, valued at appr

Sep 4, 2024
Venture Capital

Avionté Fortifies Market Leadership with Strategic Acquisition of AkkenCloud

Avionté has acquired AkkenCloud , strengthening its leadership in the staffing software industry. This acquisition enables AkkenCloud clients to benefit from Avionté’s comprehensive enterprise staffing platform, which includes a full front

Aug 22, 2024
Venture Capital

Wilya Secures $4 Million in Seed Funding Led by Ironspring Ventures to Bring Flexibility to the Manufacturing and Supply Chain Workforce

Wilya , previously known as Gig and Take, has secured $4 million in seed funding led by Ironspring Ventures. This funding will support Wilya's mission to transform HR practices in the manufacturing and supply chain sectors through its innov

Jun 24, 2024
Venture Capital

AI-Driven Training Platform Learn to Win Raises $30M to Scale Defense and Commercial Operations

Learn to Win , an enterprise SaaS training platform specializing in personalized, predictive, and secure training software, has successfully closed a $30 million Series A funding round led by the Westly Group, with participation from Norwes

Jun 13, 2024
Earnings

Paycor Announces Third Quarter Fiscal Year 2024 Financial Results

Paycor HCM , Inc., a leader in human capital management software, reported significant growth in its Q3 fiscal year 2024 results. Total revenues reached $187.0 million, a 16% increase year-over-year, with recurring revenue growing to $172.0

May 8, 2024
Company News

Announcing Our 2024 Workday Partner Innovation Award Winners

These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor

May 1, 2024
Product News

Oracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities

Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus

Mar 28, 2024
Product News

Oracle Adds New Generative AI Capabilities to Oracle Fusion Cloud Applications Suite

Oracle announced new generative AI capabilities within the Oracle Fusion Cloud Applications Suite, enhancing decision-making and employee/customer experiences across various domains such as finance, supply chain, HR, and marketing. These ca

Mar 14, 2024
Company News

Customer Confidence, Trust in UKG Solutions Drive Strong Results for First-Quarter Fiscal 2024

UKG reported a successful first quarter for fiscal 2024, marked by strong customer loyalty and significant business growth. The period was notable for an increase in customer migrations to modern UKG solutions, particularly among larger cli

Mar 8, 2024
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