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TriNet reported its Q2 2025 earnings, maintaining total revenue at $1.238 billion, essentially flat year-over-year. Despite a 4% decline in average WSEs and an 8% drop in professional services revenue, the company reaffirmed its full-year guidance.

Adjusted EBITDA fell 23% to $105 million, while adjusted net income dropped 29% to $55 million. However, TriNet returned $117 million to shareholders in the first half of 2025 and is optimistic about its fall growth initiatives and revised benefit offerings.

The company continues to position itself as a resilient HCM partner for SMBs navigating uncertain economic conditions.

https://t.co/uDNlKVjii0

[DHRmap @DHRmapcom]

HR Tech policy news: The White House has released America’s AI Action Plan, a comprehensive roadmap for global AI leadership.

🔹 5 strategic objectives

🔹 16 concrete actions

🔹 1-year timeline

Led by the National AI Initiative Office & CHIPS R&D

🌐 Full doc: https://t.co/7SdWDeGcwX

#AI #Policy #AIAct #HRTech

[DHRmap @DHRmapcom]

HRTech funding news: CandorIQ, an AI-powered compensation and workforce planning platform based in San Francisco, has raised $4.8 million in seed funding led by Array Ventures with participation from Y Combinator, CRV, and Switch Ventures. The platform helps HR and Finance teams align on people spend decisions through intelligent automation and real-time insights. With integrations across 100+ HR and Finance tools, CandorIQ transforms compensation from a spreadsheet-driven burden into a strategic asset, enabling faster decisions, improved equity, and cost optimization. Clients like SmartRecruiters and Fleetio have reported significant time savings and reduced employee churn, demonstrating the platform’s measurable business value.
https://t.co/HZabTXvHNZ

[DHRmap @DHRmapcom]

HRTech funding news: Ashby just raised a $50M Series D led by Alkeon Capital. In just over a year, they doubled their customer base to 2,700+, grew revenue 135% YoY, and scheduled 170% more interviews. With a burn multiple under 1x, most of their Series C cash remains untouched. https://t.co/KlmAngnYrG

[DHRmap @DHRmapcom]

HRTech funding news: @BetterComp , a compensation management software provider based in Walnut Creek, California, has secured $33 million in Series A funding led by Ten Coves Capital. This marks the company’s first institutional funding after years of bootstrapping. The capital will be used to scale operations, develop new product adjacencies, and enhance AI-powered compensation tools. Founded in 2019 by industry veterans, BetterComp serves a growing number of enterprise clients, including 38% of Fortune 500 companies. With its modern platform and domain expertise, BetterComp aims to transform how businesses manage and automate compensation practices globally.
https://t.co/oucVJexE9n

[DHRmap @DHRmapcom]

HRTech News:Chris Hyams has officially stepped down as CEO of Indeed after nearly 15 years of leading the world’s largest job platform. In a heartfelt letter to the team, Hyams reflects on his journey from VP of Product to CEO, overseeing Indeed’s exponential growth to over 300 million monthly users and 75 million hires. Effective immediately, former CEO Deko returns to lead the company.
https://t.co/o0bKIW4lY4

[DHRmap @DHRmapcom]

Cronofy, a UK-based embedded scheduling platform, has secured a £15 million investment from BGF to fuel its international expansion and product innovation. Trusted by over 180,000 organizations worldwide—including brands like Wise, Indeed, and Docplanner—Cronofy integrates scheduling capabilities directly into enterprise systems. With more than 60% of revenue generated from the US, the new funding will support its expansion into new use cases and geographies while maintaining a high standard of data privacy and EU compliance.
https://t.co/W1881yLxyI

[DHRmap @DHRmapcom]

Big news in HR tech! Rippling secures $450M in Series G funding, reaching a $16.8B valuation. With a $200M tender offer, they're rewarding employees while fueling growth. Their integrated platform is transforming HR, IT, and finance management.
https://t.co/0ExNuwRCb8

[DHRmap @DHRmapcom]

Seattle-Based Humanly, an AI-powered conversational recruiting platform, has raised a $7 million momentum funding round to accelerate growth and innovation in inclusive hiring. With a proprietary platform that screens and schedules over 250,000 candidates monthly and cuts time-to-hire from 44 to just 5 days, Humanly is transforming the hiring process for enterprise and mid-market clients. The company has now raised a total of $24 million and plans to expand its GTM strategy and product capabilities.
https://t.co/FuL1uJ7M4W

[DHRmap @DHRmapcom]

Ravio, a London-based compensation data platform, has secured a $12 million Series A round led by Spark Capital to transform how companies manage pay. With outdated compensation benchmarks often based on data that is over a year old, Ravio offers real-time insights by integrating directly with HR systems. This enables companies to make timely, fair, and competitive pay decisions. Already adopted by companies like Wise, Mollie, and Just Eat Takeaway, Ravio's tools help identify pay inequities, simplify salary banding, and benchmark compensation across more than 46 countries and 100 roles. The funding will support Ravio's global expansion and the development of advanced analytics tools for compensation leaders.
https://t.co/bgCvDzk0iE

[DHRmap @DHRmapcom]

Italy-based HR tech startup Skillvue has raised $6.3 million in a funding round led by 360 Capital to scale its AI-powered Skills Assessment Agents platform. Evolving beyond recruitment, Skillvue now enables companies to identify, assess, and develop hidden capabilities across both candidates and current employees. Amid increasing demand for reskilling and objective talent evaluation, the company’s AI-driven system breaks down traditional job roles into core skills, unlocking overlooked internal talent. Backed by Italian Founders Fund, 14Peaks Capital, and Orbita Verticale, Skillvue aims to expand globally while supporting talent decisions with psychometric precision and engaging user experiences.
https://t.co/oWAqmYZsRa

[DHRmap @DHRmapcom]

Earnings Flash: @ADP Q3 FY2025 Earnings Summary

In Q3 of fiscal 2025, ADP reported robust financial performance with a 6% year-over-year revenue increase, reaching $5.6 billion, driven by solid results across both Employer Services and PEO segments. Adjusted EBIT rose 6% to $1.6 billion with a margin of 29.3%, while adjusted diluted EPS also increased 6% to $3.06. ADP continues to show strong business momentum through record-high client satisfaction, new business bookings growth, and the expansion of its global payroll capabilities, notably with the acquisition of PEI in Mexico. The company has raised its full-year outlook for adjusted earnings and margin growth, reflecting confidence in sustained performance.
https://t.co/z1MQOrKLts

[DHRmap @DHRmapcom]

WorkStep has officially acquired WorkHound, a frontline employee feedback platform, in a strategic move to deepen its impact on frontline workforce engagement. By combining WorkStep’s data-driven insights and WorkHound’s real-time feedback capabilities—especially strong in the trucking sector—the acquisition enables expanded customer support, accelerated product development, and enhanced benchmarking across industries like logistics, retail, and manufacturing. This marks a pivotal step in WorkStep’s mission to reduce turnover, improve employee experiences, and reshape the future of frontline work.
https://t.co/6bi9tevawL

[DHRmap @DHRmapcom]

Papaya Global, a leading workforce payroll and payments platform, has announced significant leadership changes to bolster its global expansion. Erez Simha joins as CFO, bringing vast IPO and M&A expertise, while Amit Levi is promoted to CPO to steer product innovation. These appointments, alongside new leaders in revenue and workforce solutions, reflect Papaya’s ongoing commitment to scaling enterprise services. The company continues to deepen its tech stack and partnerships, including integration with SAP and collaboration with compliance provider Sumsub.
https://t.co/svjJGpAKKu

[DHRmap @DHRmapcom]

Intuit has announced its agreement to acquire GoCo, Inc., an HR and benefits platform focused on small and mid-market businesses.
This strategic acquisition aims to transform Intuit’s Payroll into a full Human Capital Management (HCM) solution by integrating GoCo’s capabilities into QuickBooks Payroll and the Intuit Enterprise Suite. The move strengthens Intuit’s commitment to serving mid-market businesses by streamlining HR processes from hiring to offboarding through automation, AI, and unified data systems.

Financial terms of the deal were not disclosed, and the transaction is expected to close in Q4 FY25.
https://t.co/Jp1orIlxCn

[DHRmap @DHRmapcom]

HRTech News: Checkr @checkr announces the acquisition of Truework, a leader in AI-powered employment and income verification. This move marks Checkr��s expansion into a multi-billion dollar verification market, enhancing its ability to serve lenders, property managers, and employers with a unified workforce data platform. Expected to close in Q2 2025.
https://t.co/kBGoXMEkrL
#Checkr #Truework #HRTech #FinTech #MergersAndAcquisitions #AI

[DHRmap @DHRmapcom]

HRTech News: @Paychex has completed its $4.1B all-cash acquisition of @PaycorInc (Nasdaq: PYCR). The deal enhances Paychex’s upmarket position and is expected to deliver $80M+ in annual cost synergies by FY2026. Combined, they’ll serve nearly 800K clients with AI-powered HCM, payroll & talent solutions. https://t.co/nL5oL6C0A5

[DHRmap @DHRmapcom]

HRTech News: @HireRight has announced the acquisition of ClearChecks, a background screening company focused on small-to-medium-sized businesses (SMBs). This move aims to enhance HireRight's self-service platform, backgroundchecks, by integrating ClearChecks’ intuitive design, ATS integration, and live support. The acquisition reflects HireRight’s ongoing investment in modernizing workforce risk management solutions for growing companies and reinforces its leadership in the SMB background screening space.
https://t.co/WfUbebeWoF

[DHRmap @DHRmapcom]

HRTech News:📢 Perceptyx @perceptyx , a global leader in AI-powered employee experience platforms, appoints Ross Wainwright as CEO. With leadership experience at SAP, Alida, and NTT, Wainwright will lead Perceptyx’s next phase of global growth. Perceptyx enables continuous employee feedback, powered by AI-driven insights and behavioral nudges. Over 600 global enterprises, including 1/3 of the Fortune 100, use its platform.
https://t.co/d1XXpWokgI

[DHRmap @DHRmapcom]

HRTech News: 💼 Spain-based Job&Talent @jobandtalent_hq raises €92M Series F at a €1.3B valuation to expand globally and scale its AI-powered workforce platform.
Its AI agent Clara has completed 180K+ interviews, enabling 7K+ hires—matching the work of thousands of recruiters. 📈 Q4 2024 US revenue up 27%.
#HRTech #FutureOfWork #AIRecruiting
https://t.co/96WolOLIG8