Factorial, the Barcelona-based HR tech unicorn, has secured an additional $120 million in non-dilutive funding from General Catalyst, bringing its total borrowings from GC’s Customer Value fund to $200 million. This investment will fuel Factorial’s go-to-market (GTM) strategy, primarily focusing

aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year, with a GAAP net income of $502 million (27% of total revenues). Adjusted EBITDA reached $775 million (41% of revenues). For Q4

Selerix, a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® (TBX®), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a comprehensive SaaS platform that integrates Selerix’s administ

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

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

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

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

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

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

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