ADP Ventures

We’re excited to introduce you to three new additions to the ADP Ventures investment / partnership team! Shawn Jung joins us as Principal and Lead Investor, bringing 15 years of experience in venture capital, private equity, and entrepreneurship. Shawn has held leadership roles at top firms, including Partner at Activant Capital and Vice President at TPG Sixth Street Partners. His diverse background in managing investments and co-founding a startup makes him an excellent addition to our growing team. Sherry Li-Frucher is our new Sr. Director of Partnerships Platform, where she will focus on building partnerships in the HR tech space. With over a decade of experience in tech, Sherry has led strategic initiatives at SAP.iO New York and played a pivotal role in supporting companies during their journey to go public while at Nasdaq. Abhi Chaki joins us as Senior Director of Strategy. Abhi’s experience as a startup founder and investor positions him well to strengthen collaborations between ADP and the startup ecosystem. His work will focus on aligning key partnerships to foster innovation and growth. We are excited to welcome Shawn, Sherry, and Abhi to the team and can’t wait to see the impact of their expertise. If you’d like to connect and learn more about what they’re working on, don’t hesitate to reach out—we’d love to hear from you!

? What an Incredible Experience at our first #SFTechWeek!?? We had a fantastic opportunity to connect and build relationships with some of the brightest minds in the Bay Area, raising awareness around our investment and partnership strategy while learning from co-founders and VCs about what's top of mind. Here are a few key highlights: ? Co-founders often feel apprehensive about working with large strategic VCs. Our panelists shed light on the unique value strategic partnerships bring and the advantages of working with ADP Ventures.? Stay tuned for the full video recap! ? Co-founders are increasingly shifting towards offering a wide range of features within their products, rather than specializing in narrow, specific solutions. This allows companies to offer comprehensive, all-in-one solutions to better meet the diverse needs of their customers. ? ? AI Trends: Will software disappear with AI??This question sparked a thought-provoking analogy—AI is currently "dating" software. The future belongs to those who can get their software to "marry" AI.? ? Evaluating AI Tools: Durability is key. While the foundation is critical, robust applications and user-friendly interfaces built on top of that foundation drive real value. A special thanks to our incredible panelists: Usman Khan, Allison Baum Gates, Cathy Gao, Victoria Treyger, Rashmi Gopinath, Anthony Maggio, Audrey Massoni, Sara Chehrazi, Ava Johnson; and to our amazing team: Shawn Jung, Arunima Raavi, Veni D., Sam Husam Nasser, Gweneth Gomez, Sherry Li-Frucher. We are so grateful for our fantastic co-hosts, SemperVirens Venture Capital , Stephen Cisarik, TECH WEEK by a16z, and our valued partners like BCapital Fund. We couldn't have done this without all of you - your support, energy, and insights made this event truly special. Thank you!

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? Reminder: If you're attending #SFTechWeek, don't miss our exciting panel discussion and networking happy hour! Join us to explore how startups can leverage ADP Marketplace partnerships, embedded solutions, and strategic collaborations that could open doors to deeper integration and sales opportunities. The panel will be moderated by Ava Johnson, Head of Marketing at ADP Ventures, and will feature insights from Anthony Maggio, VP & GM of ADP Marketplace, Audrey Massoni (VP of Sales Development), and Sara Chehrazi (Chief Partner Officer at Nayya), who will share her journey and experience working with ADP Ventures to grown their business. Can't wait to see everyone there! Seats are limited, so be sure to reserve your spot today: https://lu.ma/gik8265c. #ADPVentures #ADP #FutureofWork Special thanks to our esteemed panelists and hosts, SemperVirens Venture Capital , Stephen Cisarik , Erin M. Faverty, MA COML

Thank you to everyone who made this year’s HR Tech Conference & Exposition such a smashing success!! ?? We had an unforgettable week connecting with HR leaders and co-founders as well as proudly showing off our stellar portfolio companies. Here are a few of our event highlights! ? ADP Lyric was a hit! The excitement from our ADP partners, clients, and associates around its launch was palpable – seeing such enthusiastic reactions was a true privilege. ? We kicked off our first networking happy hour at HR Tech with Cocoon and Fringe. After meeting the founders and hearing their stories, it was clear to everyone the unlimited potential we saw in them! A particularly memorable chat with one of ADP's long-standing clients in the healthcare sector, captured the event's impact perfectly: “We've partnered with ADP for over 15 years, and this event highlighted the innovative tech we can integrate into the ADP ecosystem.” The feedback across the board was overwhelmingly positive. ? We continue to be impressed by the latest advancements in AI. One remarkable example is a tool that aggregates data from multiple sources and creates user-friendly summaries, streamlining chat-based workflows for HR teams. This is just the beginning of the exciting innovations we can expect from AI applications in the HCM space! Again, thank you to all who made this year’s conference so successful. We’re looking forward to what’s next as we continue shaping the future of work together! #ADPVentures #FutureofWork #ADP #HRTech Cocoon Fringe Usman Khan Mahima Chawla Isaiah Goodall Shawn Jung Isabel Izquierdo Sherry Li-Frucher Veni D. Sam Husam Nasser

Founders often ask us, "How can we partner with ADP Ventures to help us accelerate our growth? How can you help us scale?" It's an excellent question and we're excited to share how a partnership with ADP Ventures could help take your startup to the next level. ? Join us at SF Tech Week on October 8th to learn how ADP Ventures works with our partner companies to unlock growth by providing access to our global network of over 1 million clients and a 10,000-strong salesforce. We're delivering game-changing distribution channels for fast-growing startups. We’ve assembled a panel of industry experts to address your questions on how ADP Marketplace partnerships, embedded solutions, and strategic collaborations open doors to deeper integrations and sales opportunities for startups. The panel features Anthony Maggio, VP & GM of ADP Marketplace, Audrey Massoni, VP of Sales Development, and Sara Wajnberg, Chief Partner Officer at Nayya, who will share insights from Nayya’s journey and how ADP Ventures’ investments have fueled their growth. Ava Johnson will moderate the discussion. Stick around after the panel for a hosted networking happy hour, where you can connect with our teams across ventures marketplace and sales, as well as our portfolio companies. Register now?to secure your spot at #SFTechweek and discover how to unlock growth with ADP! https://lu.ma/gik8265c #ADPVentures #FutureofWork #HRTech Anthony Maggio, Audrey Massoni Sara Chehrazi Ava Johnson, Usman Khan SemperVirens Venture Capital and Stephen Cisarik Arunima Raavi Veni D. Sherry Li-Frucher Sam Husam Nasser

Join us at SF Tech Week for an insightful discussion on the transformative trends reshaping the workplace. We’ll separate what's truly driving change from what's overhyped, with a focus on AI adoption, emerging use cases, and the go-to-market strategies powering success. You'll also learn how Corporate VC and VC firms can collaborate to maximize the potential of their portfolios. Register now?to reserve your spot at #SFTechweek and be part of the conversation! https://lu.ma/gik8265c #ADPVentures #FutureofWork Thank you to Allison Baum Gates, Rashmi Gopinath, Victoria Treyger, Cathy Gao, Usman Khan Rose Johnson and our host Stephen Cisarik

We are excited to unveil our latest investment in Nayya. ? In a time where up to 30% of US compensation is non-cash, who is helping employees holistically manage their overall paycheck across health benefits and financial guidance? ? By connecting ADP’s employee benefits system of record with Nayya’s cutting-edge technology, we are making the employee benefits ecosystem smarter and more personalized. Employees can harness AI to help them choose, use, and claim their benefits. This venture creates a win-win scenario for everyone in the industry. Employees enjoy a tailored benefits experience, employers optimize their benefits spend, brokers can scale their guidance down to the employee level, and carriers can benefit from richer insights into customer needs. ? ADP plus Nayya is a powerful combination, setting a new benchmark for how benefits can be managed and enjoyed.?Learn more: https://lnkd.in/eTCq-Jxq ? Special thanks to our leaders who helped shape the thesis: Sreeni Kutam, Usman Khan (Oz) Khan, George Michaels, Dan Eberstein, Sam Finley, Kathryn Kravitz, Sandy Angevine, David Padron, Courtney Warren, Chris Luongo and Laura Brown. Thrilled to be working with Sina C., Sara Chehrazi, and the fantastic team at #Nayya.?#ADP, #EmployeeExperience #HRTech #FutureofWork?#AI

The HR space is innovating faster than ever, with many startups helping to reimagine the way we work. How can startups accelerate their growth and drive innovation? Senior Vice President of ADP Ventures, Usman Khan, shares some best practices for innovating through corporate partnership. For more, visit: https://bit.ly/4d1kVME

We were thrilled to partner with SemperVirens Venture Capital during New York Tech Week to bring together a vibrant community of founders, VCs, and industry professionals passionate about shaping the future of work. Discussions centered on emerging trends and technologies poised to redefine the workplace. Additionally, the event highlighted the power of collaboration between startups and investors to drive meaningful change. A big thank you to everyone who participated and contributed to making this event a success. Together, we're supporting the next wave of startups and driving the future of work forward. For more on ADP Ventures, visit: ADP.com/Ventures #ADPVentures #NYTechWeek #FutureOfWork Usman (Oz) Khan Andrew Felbinger Busayo Ogunsanya, CPA MST Chisa Egbelu Sydney Campos Raquel Scott, MBA Erin M. Faverty, MA COML Ava Johnson Veni D. Sam Husam Nasser Arunima Raavi