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Venture Capital
Venture Capital
RoboForce raises $10M to deploy mobile manipulators
RoboForce, a leading AI Robotics startup, has secured $10M in early-stage funding to revolutionize industrial labor through advanced robotic workforce solutions. Targeting industries like solar, space, and mining, RoboForce's AI-powered "Robo-Labor" tackles labor shortages and hazardous work environments with 1mm precision and cutting-edge capabilities. With backing from Nobel Laureate Myron Schol
Jan 7, 2025
HRTech Product
Product News
Sense Releases Conversational Voice AI to Transform Candidate Engagement with Automated Phone Calls
Sense has unveiled its groundbreaking Conversational Voice AI, revolutionizing talent engagement by automating phone conversations for sourcing, screening, and scheduling. Integrated with Sense's powerful Recruiting Automation and Messaging suite, this AI-driven solution enhances recruiter efficiency and candidate experience, enabling personalized, multilingual engagement at scale. The technology
Dec 18, 2024
Company News
Company News
Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in driving the company's transformation and expansion, tripling it
Jan 7, 2025
Company News
Payfare Inc., a global leader in Earned Wage Access (EWA) and digital banking for workforces, has entered into a definitive agreement to be acquired by Fiserv, Inc., a leading financial services technology provider. The all-cash deal values Payfare at CA$201.5 million, representing a 90% premium on
Dec 23, 2024
Acquisition
Acquisition
Invst Acquires NS Capital, Revolutionizing Retirement Solutions for Businesses
Invst, a leading investment advisory firm, has acquired NS Capital to establish the Invst Unity Pooled Employer Plan (PEP). This strategic move revolutionizes retirement solutions for businesses, addressing challenges like fiduciary liabilities and high fees while simplifying 401(k) administration.
Jan 6, 2025
Earnings
Earnings
Paychex, Inc. reported a robust second quarter for fiscal 2025, showcasing a 5% year-over-year revenue growth, amounting to $1.32 billion, and a 6% increase in diluted earnings per share to $1.14. Excluding the Employee Retention Tax Credit (ERTC) program's expiration, revenue growth was 7%. Operati
Dec 19, 2024
Earnings
Workday has reported strong Q3 FY2025 results, with total revenues of $2.16 billion (+15.8% YoY) and subscription revenues of $1.959 billion (+15.8% YoY). Operating income rose to $165 million, and non-GAAP diluted EPS reached $1.89, showcasing profitability and momentum. Key drivers include AI-powe
Nov 26, 2024
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