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Venture Capital
Venture Capital
Zeal Raises $15M to Revolutionize Payroll for the Gig and Modern Workforce
Zeal, a leading payroll platform for modern workforces, has secured $15 million in a Series B funding round led by Portage, with contributions from Spark Capital and Commerce Ventures. This funding will drive innovations in payroll automation, flexibility, and worker experience. Zeal’s platform supports gig platforms, HR service providers, and staffing companies, offering customizable solutions
Oct 10, 2024
HRTech Product
Product News
Rival Announces Rival Workflow: A Scalable Solution for Automation Across the Employee Experience
Rival has launched Rival Workflow, the latest iteration of its renowned Redcarpet technology, designed to streamline the employee experience across the entire HR lifecycle, from onboarding to offboarding. The platform offers customizable workflows and real-time analytics, enabling HR teams to automate complex tasks, boost productivity, and ensure compliance without additional complexity. Rival Wor
Oct 3, 2024
Company News
Company News
HR Path, a global HR consulting leader, has acquired IN-RGY, a Canadian HR digital transformation firm. This acquisition strengthens HR Path's presence in the Canadian market and aligns with their global expansion strategy, supported by a recent €500 million fundraising round. IN-RGY is known for
Oct 9, 2024
Company News
Guild has announced its acquisition of  Nomadic Learning, a capability academy company, to launch Guild Academy, a product that integrates education, skilling, and AI-driven insights into a comprehensive platform. The new Guild Talent Advantage suite combines Nomadic’s collaborative learning with
Oct 9, 2024
Acquisition
Acquisition
ADP Acquires WorkForce Software
ADP, a leader in human capital management solutions, has announced its acquisition of WorkForce Software, a company specializing in workforce management for large global enterprises. This strategic move enhances ADP's global workforce management offerings, allowing businesses to stay compliant while
Oct 15, 2024
Earnings
Earnings
Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of the Employee Retention Tax Credit (ERTC) and one less payroll
Oct 2, 2024
Earnings
 Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased to $518 million, with a 24.9% margin. Workday’s subsc
Aug 22, 2024
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