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Canada-Based Borderless AI Secures $5M Seed Extension, Raising Total Funding to $32M for HR Tech Innovation
Borderless AI has introduced HRGPT, a transformative AI-powered search engine designed specifically for HR teams and employees. HRGPT enables real-time retrieval of internal HR data and external HR regulations while providing transparency through citations. Its advanced capabilities include drafting
Jan 17, 2025
HR software
Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology
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
HR software
ProProfs Acquires HR & Performance Goals Management Software PeopleGoal
ProProfs has acquired  PeopleGoal, a performance management platform known for enhancing employee engagement and productivity. This strategic acquisition broadens ProProfs’ HR solutions suite, integrating tools for goal setting, performance reviews, and 360-degree feedback. Together, ProProfs and
Nov 25, 2024
HR software
Ciphr Acquires Avantus to Revolutionize UK Employee Benefits and Enhance HR Solutions
Ciphr Group, a leading HR software provider in the UK, has acquired Avantus, an established employee benefits platform serving over 400 businesses globally. The acquisition enhances Ciphr’s offering by integrating Avantus' customizable platforms—FlexGenius and MyWorkPal—into its human capital
Nov 20, 2024
HR software
Paylocity Reports $363M Q1 Revenue with 14% Growth, Driven by Airbase Acquisition
Paylocity's first-quarter fiscal 2025 report highlights a strong start, with 14% growth in recurring and total revenue year-over-year, reaching $363 million. The recent acquisition of Airbase marks an expansion into finance and spend management, allowing for comprehensive payroll and non-payroll spe
Oct 30, 2024
HR software
Introducing Ask BambooHR: AI-Powered Solution Revolutionizing HR Efficiency and Employee Support
BambooHR, the leading cloud-based HR platform, introduces Ask BambooHR, an AI-powered chat interface designed to help HR professionals reclaim time by automating responses to routine questions about policies, benefits, and company data. Announced at BambooHR Customer Day, this new feature empowers e
Oct 17, 2024
HR software
TeamBridge Secures $28 Million in Series B Funding to Revolutionize HR Software for Hourly Workers
TeamBridge, an HR tech startup founded by former Uber executives, has secured $28 million in Series B funding, led by Mayfield with participation from General Catalyst and Abstract Ventures, raising its total funding to $41.5 million. This San Francisco-based company aims to address the specific nee
Sep 16, 2024
HR software
National Advertising Division Finds Certain Deel Payroll and HRIS Claims Supported; Recommends Others be Modified or Discontinued
The National Advertising Division (NAD) of BBB National Programs reviewed advertising claims made by Deel, Inc. regarding its Payroll and Human Resource Information System (HRIS) in response to a challenge from competitor Rippling. While NAD found that some claims, such as Deel’s cost savings and
Aug 9, 2024
HR software
Tokyo's HR Tech Leader SmartHR Secures $140 Million Series E Funding
KKR and Teachers' Venture Growth (TVG) have announced a $140 million Series E investment in SmartHR, a leading cloud-native human resources management platform in Japan. This funding will drive SmartHR's growth, including new solution development, talent acquisition, and strategic expansions. SmartH
Jul 1, 2024
HR software
Worky Raises $6 Million to Drive Growth and Accelerate Adoption of Cloud-Based HR and Payroll Solution in Mexico
Worky, an all-in-one HR and payroll software designed for Mexican companies, recently secured $6 million in Series A funding led by Atlántico and ADP Ventures. Founded in 2018, Worky aims to modernize employee recruitment, management, and payment, especially for the operative workforce. With Mexico
May 14, 2024
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