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Spain’s HR Tech Firm Factorial Secures $120M in Non-Dilutive Funding to Accelerate Expansion in Germany, France, and Italy
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
Mar 20, 2025
SMBs
TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech
TriNet (NYSE: TNET) has announced the sale of its subsidiary, TriNet Clarus R+D, to Arvo Tech, a company specializing in tax strategy solutions for small businesses. This divestiture aligns with TriNet’s strategy to focus on HR solutions for SMBs while enabling Clarus R+D to thrive under Arvo Tec
Mar 6, 2025
SMBs
CoAdvantage & PrimePay Merge to Elevate HR Tech for SMBs
Aquiline Capital Partners has announced the merger of its portfolio companies, CoAdvantage and PrimePay, to enhance human capital management (HCM) services for small- and mid-sized businesses. This strategic combination aims to offer a more flexible and comprehensive suite of HR and payroll solution
Mar 5, 2025
SMBs
TriNet Launches Enhanced HR Plus Offering That Provides Exceptional Service Enabled by Advanced Technology for Small and Medium-Size Businesses
TriNet, a leader in HR solutions for small and medium-size businesses (SMBs), has launched its enhanced HR Plus offering, an Administrative Services Organization (ASO) solution. Designed to simplify HR, payroll, and benefits management, the solution combines advanced technology with expert services.
Jan 8, 2025
SMBs
OnPay Secures $100M+ in Funding to Transform SMB Payroll and HR Solutions
OnPay, a leading provider of payroll, HR, and benefits solutions for small and mid-sized businesses (SMBs), has raised over $100 million in funding. This includes a $63 million Series B round led by Carrick Capital Partners and a debt facility from MC Credit Partners. The investment will fuel OnPay�
Jan 7, 2025
SMBs
Zoho Launches Zoho Payroll, a Comprehensive Solution That Simplifies Payroll Processing and Compliance for Businesses in the United States
Zoho Corporation has launched the US edition of Zoho Payroll, providing an all-in-one solution for simplifying payroll management, automating tax compliance, and connecting HR and financial operations. This release enhances Zoho's robust finance and operations suite, including Zoho Books, Zoho Inven
Dec 12, 2024
SMBs
StretchDollar Secures $6M to Redefine Health Benefits for SMBs with ICHRA Innovation
StretchDollar, a startup revolutionizing small business health benefits, has secured $6M in seed funding led by Fika Ventures and Oscar Health. The platform simplifies complex healthcare management through an innovative Individual Coverage Health Reimbursement Arrangement (ICHRA) model, enabling sma
Dec 3, 2024
SMBs
The Best Answer, Inc. Acquires Lluna, Inc., Expanding Its AI-Powered Culture Success Platform
The Best Answer, Inc. (TBA), a leader in AI-powered culture success solutions, has acquired Lluna, Inc., a Philadelphia-based platform dedicated to building equitable workplace cultures. The acquisition aligns with TBA's mission to support small and midsize businesses (SMBs) in optimizing employee e
Oct 2, 2024
SMBs
Paychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent
Paychex has introduced a new AI-assisted recruiting tool, Recruiting Copilot, in partnership with Findem, to help small and medium-sized businesses streamline the hiring process. Using 3D data and natural-language search, the tool can quickly identify the best-matched candidates from a vast pool of
Sep 18, 2024
SMBs
Payoneer Expands Global Footprint with Strategic Acquisition of Skuad for $61 Million
Payoneer, a global leader in cross-border payment solutions, has announced its acquisition of Singapore-based HR and payroll startup Skuad for $61 million. This strategic move is aimed at strengthening Payoneer's position in the global fintech market, particularly in the rapidly expanding small and
Aug 9, 2024
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