Human Resources news and trends

Rippling Raises $200 Million to Enhance Workforce Management Platform
Investments // April 22, 2024

Workforce management platform Rippling has raised $200 million in new financing in a Series F round that values the company at $13.5 billion. Rippling has also signed agreements with investors to repurchase up to $590 million in equity from current and former employees and early investors, Rippling...

Wagestream Raises $21.8 Million to Expand Financial Well-Being App
Investments // April 18, 2024

Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds (about $8.7 million) by British Patient Capital alongside other co-investors, including Lombard Odier Investment Managers...

Report: Rippling in Discussions on Funding Round, $13.4 Billion Valuation
Investments // April 16, 2024

Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. This round would include a $200 million injection of capital and $670 million of shares being sold by existing stockholders, TechCrunch reported Tuesday (April 16), citing unnamed sources. Reached by PYMNTS, Rippling declined...

Apax Partners Acquires HR/Payroll Firm Zellis Group
Acquisitions // April 15, 2024

Private equity group Apax Partners will acquire HR/payroll software firm Zellis from Bain Capital. “Zellis is a recognised leader in the payroll and HR software market, a sector that we know well from previous Apax Fund investments, including Paycor,” Apax Partner Roy Mackenzie said in a news release provided to PYMNTS Monday...

Quick Reads
Countsy Debuts Platform to Streamline Back-Office Management

April 23, 2024
Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and team collaboration. “We designed our new portal to streamline the often complex back office operations for our clients,” Mairtini Ni Dhomhnaill, founder of Countsy, said in a news […]

Rippling Raises $200 Million to Enhance Workforce Management Platform

April 22, 2024
Workforce management platform Rippling has raised $200 million in new financing in a Series F round that values the company at $13.5 billion. Rippling has also signed agreements with investors to repurchase...

Wagestream Raises $21.8 Million to Expand Financial Well-Being App

April 18, 2024
Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds...

Report: Rippling in Discussions on Funding Round, $13.4 Billion Valuation

April 16, 2024
Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. This round would include a $200 million injection of capital and $670 million of shares being...