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Paycor (NASDAQ: PYCR) assists human resource managers in resolving the inconvenience of coordinating multiple systems. The company simplifies complex human capital management tasks, allowing the management to drive better organizational growth through employee satisfaction. It reduces HR managers’ workload by empowering them with tools to drive workplace engagement and nurture talent for maximum productivity. Paycor’s HR software enhances organizational efficiency by eliminating tedious manual processes. Its unified database modernizes record-keeping by enabling paperless management through advanced document and form solutions, allowing companies to review, sign and store employee information at a central location. “Compete to Win. Paycor has, without question, the premier HCM platform business leaders and our mission is to offer all organizations an alternative to the overpriced and underserviced legacy providers in the HCM category,” says Raul Villar, CEO. A Fix for Every
New Level Work was born from a desire to solve a challenge that countless professionals face every day—poor workplace management. After years of working in Silicon Valley, founder Stéphane Panier saw firsthand how ineffective leadership stifled innovation and growth. As a seasoned executive, he worked with teams across various industries and noticed a recurring pattern: managers were often promoted based on their proficiency as individual contributors rather than leadership ability, leaving them ill-equipped to inspire, guide, and develop their teams. This experience inspired him to create a leadership development company that would address these gaps while making a broader social impact. Panier envisioned a solution that would not only provide executives with the tools to succeed but also help organizations foster a culture of continuous learning and high performance. The company started with a traditional coaching model, offering personalized one-on-one support to managers and executives. This approach proved highly effective, and as demand grew, the team recognized an opportunity to scale their impact across multiple organizations. The in-person coaching proved to be highly effective, so to provide scale and reach, it was integrated with technology. The result was a powerful combination of personalized human support and AI-driven solutions—meeting the demands of modern workplaces without sacrificing quality. Innovation at the Core New Level Work’s strength lies in its ability to blend human coaching, structured training, and advanced AI. This combination provides organizations with a holistic, scalable solution that delivers measurable outcomes globally. “We tailor our leadership programs to meet the specific needs of each organization, ensuring that leaders at every stage of their journey receive relevant and impactful guidance,” says Panier. At the center of this innovation is Leora, New Level Work’s AI-powered leadership development platform. Designed to complement traditional coaching, Leora offers real-time guidance, helping leaders navigate daily challenges with confidence. It enhances the overall experience by providing continuous support and delivering immediate, personalized insights to improve communication, manage teams, and make strategic decisions. The impact of this approach is reflected in the company’s high Net Promoter Scores, signaling strong customer satisfaction and tangible results. By combining human insight with AI capabilities, New Level Work empowers organizations to develop leaders who can adapt, grow, and succeed in an everchanging business environment.
Managing a modern workforce comes with increasing complexity. Businesses today must balance agility, compliance and cost efficiency while ensuring they attract and retain the right talent. Many organizations face fragmented workforce strategies, inefficient hiring processes and a lack of insights into labor trends, which makes it difficult to scale and adapt. Magnit provides a structured, data-driven approach that helps businesses address these challenges effectively, ensuring businesses remain compliant, efficient and adaptable to changing workforce needs. “The contingent workforce management market benefits from long-term secular trends, and Magnit is uniquely positioned to capitalize on this opportunity at a global scale through its client-centric approach, proven expertise, innovative technology platform and data intelligence,” says Chandra Dhandapani, CEO. Rather than relying on rigid workforce models, Magnit offers tailored strategies designed to align with specific business goals. By providing visibility into workforce operations, the company enables organizations to make informed decisions that optimize hiring, enhance efficiency and control costs. Through AI-powered insights and predictive analytics, Magnit helps businesses anticipate hiring needs, adjust workforce strategies and improve overall talent management. Its integrated approach covers contingent labor, direct sourcing and employer of record services and shift-based workforce management, which ensures organizations have the right people in place when and where they are needed. Along with it, Magnit’s AI-powered IWM platform, a data-driven workforce management solution featuring Generative AI companion Maggi, enhances workforce management by automating tasks, simplifying workflows and optimizing hiring processes. Its AI-powered platform enhances talent strategies by centralizing data, optimizing supplier networks and enabling adaptive workforce planning. Magnit also integrates Diversity, Equity and Inclusion (DE&I) solutions, helping businesses build inclusive hiring practices that adapt to evolving workforce needs. Beyond the IWM platform, Magnit offers a comprehensive suite of workforce solutions, including vendor management system (VMS) for efficient supplier management, managed services provider (MSP) to streamline contingent workforce programs and employer of record (EOR) services to simplify global talent hiring. It also provides direct sourcing and payroll solutions to ensure businesses remain agile and competitive in the growing trend of workforce management.
Mark Casady, General Partner, Vestigo Ventures
Tim Schigel, Partner, Refinery Ventures
Jeff Bussgang, Senior Lecturer, Harvard Business School and General Partner and Co-Founder, Flybridge
Michael Cardamone, CEO and Managing Partner, Forum Ventures
Colleen Berish, Director of Learning and Development, FCCI Insurance Group
Hendrik Cornelissen, Investment Team, Plug and Play Tech Center
Lior Elkan, Partner, M-Fund VC
Transforming Workplaces with the Next Wave of HR Innovation
Emerging trends in workplace technology are redefining how organizations approach talent acquisition, employee engagement and workforce management. As businesses adapt to hybrid work environments and shifting employee expectations, a new wave of HR tech startups is leading the charge—developing smarter and more intuitive tools to meet the evolving needs of today’s workforce. Reports indicate that the global HR technology market, valued at approximately $37.43 bn in 2023, is projected to reach $88.38 bn by 2033, growing at a CAGR of 8.97 percent. This remarkable growth is being fueled by the increasing demand for agile, digital-first HR solutions. From AI-powered recruitment tools to immersive learning platforms and predictive people analytics, HR tech startups are helping businesses operate with more precision, inclusivity and resilience. Artificial intelligence and machine learning are playing a central role in this transformation. Startups are deploying intelligent systems that screen resumes, assess candidates and reduce unconscious bias during hiring. In parallel, performance management platforms are becoming more dynamic, leveraging real-time feedback and continuous learning modules to foster employee growth and retention. This edition of HR Tech Outlook explores the latest innovations in HR technology and how startups are helping companies create more agile, people-focused workplaces. It features insights from Jeff Bussgang, general partner and co-founder at Flybridge, who explores the growing shift from capital to talent as a company’s most critical asset. He highlights the rising importance of interview intelligence and fair, data-driven hiring processes in building stronger, more inclusive teams. Michael Cardamone, CEO and managing partner at Forum Ventures, examines how HR is being redefined in a hybrid-remote world. He focuses on emerging tools that streamline recruitment and workforce planning, while also emphasizing the role of technology in supporting mental health initiatives and fostering equitable career development. We hope this edition helps you discover innovative solutions to elevate your talent acquisition strategies and strengthen your overall workforce management. Let us know your thoughts!
