Phenom Achieves FedRAMP® Ready Status to Advance U.S. Government Agency Hiring with Applied AI for Human Resources

PHILADELPHIA--(BUSINESS WIRE)--May 5, 2026--

Phenom, the applied AI leader with the only AI infrastructure built specifically for HR, today announced it has achieved FedRAMP® Ready status, equipping U.S. government agencies with secure AI to attract and hire the right talent at scale.

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Despite federal modernization initiatives, human resources in government has been largely locked out of AI hiring technology which is already transforming the private sector. Compounding this, average federal hiring timelines exceed 100 days, first-year attrition continues to climb, and younger talent pipelines are shrinking. With a state, local and federal workforce of more than 21 million people, the cost of outdated hiring tools has never been higher.

To eliminate talent gaps and support regulated deployments, Phenom built a dedicated government environment aligned to FedRAMP Moderate and IL4 controls, and has achieved FedRAMP Ready classification. This will enable government organizations to leverage AI that understands their industry, functions, roles, geographies and hiring workflows, resulting in contextually personalized engagement and sourcing that gets smarter with every hire.

Phenom’s Proven Foundation for Highly Regulated Environments

Phenom’s FedRAMP Ready status builds on years of supporting hiring in regulated environments, including 21 of the top 100 federal contractors and organizations across public health, higher education and other compliance-driven industries. These customers have increased quality applicants and achieved measurable reductions in time to fill and cost per hire. Those results directly inform Phenom’s approach to government hiring.

A layered architecture enables Phenom’s government offering to sit on top of core systems of record, helping agencies orchestrate talent experiences and automate hiring processes without displacing existing HR systems. Built with Section 508 accessibility compliance and FedRAMP security standards by design, the platform equips federal agencies to:

To help agencies move quickly within federal procurement realities, Phenom’s Value Acceleration Model and AI Bootcamps replace lengthy implementation timelines with milestone-based deployment, dedicated solution architects and immersive training that rapidly builds internal AI fluency.

“Unlike their private sector counterparts, federal agencies are being asked to do something genuinely difficult: fill critical roles faster, build skills pipelines and redeploy talent, all within security and governance guardrails that most commercial vendors don’t need to navigate,” said Saumil Gandhi, Senior Vice President, Corporate Development at Phenom. “FedRAMP Ready status is how we meet them where they are and how we start closing a gap that has real consequences for citizens and communities.”

“Federal agencies have been operating with a significant disadvantage in the talent market — limited access to the modern HR technology that the private sector takes for granted,” said Karen Laughton, EVP Advisory Services at Coalfire. “Phenom’s FedRAMP Ready status changes that equation. It means agencies will soon have access to AI-driven talent intelligence within a compliant, secure environment, at a moment when federal workforce modernization is an urgent priority. When commercial innovation meets federal trust requirements, that's when real transformation becomes possible.”

Phenom is available to U.S. federal, state and local agencies and its extensive network of reseller partners and government contract vehicles. Agencies can review Phenom’s FedRAMP Ready listing directly on the FedRAMP Marketplace.

Visit the Phenom public sector page for more information.

To see Phenom’s applied AI in action, request a demo.

About Phenom

Phenom is an applied AI company with the only AI infrastructure built specifically for HR. Powered by Engines that harmonize data, Ontologies that guide every decision, X AI that hyper-personalizes experiences, and Agents that work alongside teams, Phenom’s platform uses industry and business context to automate workflows, eliminate busywork, and enhance every experience while remaining compliant. Driven by a purpose to help a billion people find the right work, no other company is as dedicated to helping organizations hire faster, develop better and retain longer.

Phenom has earned accolades including: Inc. 5000’s fastest-growing companies (6 consecutive years), Deloitte Technology's Fast 500 (5 years), 11 Brandon Hall ‘Excellence in Technology’ awards including Gold for ‘Best Advance in Generative AI for Business Impact,’ Business Intelligence Group’s Artificial Intelligence Excellence Awards (3 consecutive years), The Cloud Awards 2025/2024, The A.I. Awards 2024, and a regional Timmy Award for launching and optimizing HelpOneBillion.com (2020).

Headquartered in Greater Philadelphia, Phenom also has offices in Canada, India, Israel, the Netherlands, Germany and the United Kingdom.

For more information, please visit www.phenom.com. Connect with Phenom on LinkedIn, X, Facebook, YouTube, Instagram and TikTok.

Phenom has achieved FedRAMP® Ready status, equipping U.S. government agencies with secure AI to attract and hire the right talent at scale.

NEW YORK (AP) — The U.S. stock market is rising toward records Tuesday after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing.

The S&P 500 rose 0.6% and was on track to top its all-time high set at the end of last week. The Dow Jones Industrial Average was up 225 points, or 0.5%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.8% higher.

Stocks got a boost after oil prices gave back some of their big jumps from Monday. The price for a barrel of Brent crude, the international standard, fell 2.7% to $111.43 after briefly topping $115 on Monday, though it’s still well above its roughly $70 price from before the war with Iran.

A ceasefire in the war appears to be holding, even after the United Arab Emirates said Monday that Iran fired missiles and drones at it. The U.S. military is trying to force open a path in the Strait of Hormuz, which would allow oil tankers to resume shipments from the Persian Gulf and hopefully bring down the price of crude.

Iran’s powerful parliamentary speaker and chief negotiator, Mohammad Bagher Qalibaf, accused the United States of undermining regional security with the effort to end Iran’s stranglehold on the strait and warned that Tehran will respond.

Even with the war ongoing, the U.S. stock market has remained remarkably resilient on its record-setting run. That’s in large part due to the strong profits that U.S. companies have reported for the start of 2026 despite the rise in oil prices since the end of February.

“This has been a ‘why ask why’ market,” according to Scott Wren, senior global market strategist at Wells Fargo Investment Institute. “You just have to go with it.”

Even though many risks are still weighing on the market, “investors are looking at earnings” and how much companies are spending on AI data centers and other investments, he said.

DuPont’s stock climbed 5.5% Tuesday after the chemical giant led another cavalcade of companies reporting better-than-expected profits for the latest quarter.

DuPont said its water technologies business felt some impact because of the war with Iran due to logistics disruptions in the Middle East. But it nevertheless raised its forecasts for financial results over the full year due in part to its strong start to 2026.

Other winners included American Electric Power Co., which rose 3%, and Cummins, which added 3.2%, after they likewise made more money during the first three months of the year than analysts expected.

Pinterest soared 10% after the online bulletin board topped Wall Street’s first-quarter sales and profit targets as its number of active monthly users jumped 11% to 631 million.

AB InBev likewise topped analysts’ profit forecasts, and it credited growth for its Corona, Stella Artois and Michelob Ultra brands outside of their home markets. “Cheers to beer,” CEO Michel Doukeris said, as the company’s stock that trades in the United States rallied 7.9%.

In stock markets abroad, indexes were mixed in Europe. The CAC 40 rose 0.7% in Paris, but the FTSE 100 fell 1.3% in London. Many Asian markets were closed for holidays, as Hong Kong’s Hang Seng fell 0.8%.

Australia’s S&P/ASX 200 slipped 0.2% after the central bank raised its benchmark interest rate to 4.35%, saying conflict in the Middle East had sharply increased fuel and commodity prices that were already adding to inflation.

In the U.S. bond market, Treasury yields eased after oil prices gave back some of Monday’s gains. The yield on the 10-year Treasury fell to 4.42% from 4.45% late Monday.

That’s still well above its 3.97% level from just before the war began. That rise has made mortgages and other kinds of loans for U.S. households and businesses more expensive.

AP Writers Chan Ho-him, Matt Ott and Rod McGuirk contributed.

Specialist Patrick King works at his post on the floor of the New York Stock Exchange, Friday, May 1, 2026. (AP Photo/Richard Drew)

Options trader Anthony Spina, foreground, works on the floor of the New York Stock Exchange, Thursday, April 30, 2026. (AP Photo/Richard Drew)

A board above the floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average, Thursday, April 23, 2026. (AP Photo/Richard Drew)

FILE - A train arrives at a Wall Street subway station in New York's Financial District on Nov. 5, 2024. (AP Photo/Peter Morgan, File)