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BAYZAT - About the company

BAYZAT is a series C company based in Dubai (United Arab Emirates), founded in 2012 by Brian Habibi, Tarek Bayaa and Talal Bayaa. It operates as a Provider of hr administration, payroll management, employee benefits, and health insurances solutions. BAYZAT has raised $60M in funding from investors like BECO Capital, Silicon Badia and Precinct Partners. The company has 3286 active competitors, including 227 funded and 290 that have exited. Its top competitors include companies like Workday, Turtlemint and Kronos.

Company Details

Provider of hr administration, payroll management, employee benefits, and health insurances solutions. It offers solutions to automate the payroll and also provides companies to compare, buy and use their health insurance and also helps in process of health insurance claims.
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Email ID
*****@bayzat.com
Phone Number
+971 **********
Key Metrics
Founded Year
2012
Location
Stage
Series C
Total Funding
$60M in 7 rounds
Latest Funding Round
Ranked
Employee Count
330 as on Aug 31, 2026
Investment & Acquisitions
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BAYZAT's funding and investors

BAYZAT has raised a total funding of $60M over 7 rounds. Its first funding round was on Jun 28, 2015. Its latest funding round was a Series C round on Dec 22, 2022 for $*****. 2 investors participated in its latest round. BAYZAT has 21 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of BAYZAT:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 22, 2022
3645748
Series C
6750886
1612141
9141848
1460677
Aug 11, 2022
2444675
Conventional Debt
4231155
2573915
2695357
Oct 21, 2019
4289590
Series B
2407659
9309549
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BAYZAT's founders and board of directors

Founder? Claim Profile
The founders of BAYZAT are Brian Habibi, Tarek Bayaa and Talal Bayaa. Talal Bayaa is the CEO of BAYZAT.
Here are the details of BAYZAT's key team members:

BAYZAT's employee count trend

BAYZAT has 330 employees as of Aug 26. Here is BAYZAT's employee count trend over the years:
Employee count trend for BAYZAT
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BAYZAT's Competitors and alternates

Top competitors of BAYZAT include Workday, Turtlemint and Kronos. Here is the list of Top 10 competitors of BAYZAT, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Turtlemint
Turtlemint
2015, Mumbai (India), Public
Provider of platform for comparing and purchasing insurance, loans, and funds
$220M
82/100
3rd
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
81/100
4th
Logo for Deel
Deel
2019, San Francisco (United States), Series E
Provider of human resources and international payroll compliance software tools
$986M
79/100
5th
Logo for GreytHR
GreytHR
1994, Bengaluru (India), Acquired
Provider of cloud based human resource management system and payroll software.
$47.4M
79/100
6th
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series D
Provider of business management software for human resources and finance
$369M
78/100
7th
Logo for PeopleStrong
PeopleStrong
2005, Gurugram (India), Acquired
Provider of human capital management platform offering integrated HR solutions
$30.7M
78/100
8th
Logo for Remote
Remote
2019, Amsterdam (Netherlands), Series C
Provider of employment infrastructure for payroll compliance and contractor management
$506M
77/100
9th
Logo for Dayforce
Dayforce
2008, Toronto (Canada), Acquired
Developer of human capital management software providing HR and talent solutions
$30M
77/100
10th
Logo for Policybazaar
Policybazaar
2008, Gurugram (India), Late Stage
Online marketplace for purchasing various types of insurance policies
-
76/100
63rd
Logo for BAYZAT
BAYZAT
2012, Dubai (United Arab Emirates), Series C
Provider of hr administration, payroll management, employee benefits, and health insurances solutions
$60M
59/100
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BAYZAT's Investments and acquisitions

BAYZAT has acquired Arya Insurance Brokerage. BAYZAT has not made any investments as of now.

Reports related to BAYZAT

Here is the latest report on BAYZAT's sector:

News related to BAYZAT

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•
•
Bayzat raises $25 million Series C roundIKIGAI ENABLERS•Dec 23, 2022•DisruptAD, BAYZAT, Mubadala, Point72 Ventures and 3 others
•
Partnership between SALAMA and BayzatAtlas-Mag•Jul 13, 2022•SALAMA, BAYZAT, SALAMA
•
Bayzat raises $16m in Series B fundingKhaleej Times•Oct 19, 2021•BAYZAT, Point72 Ventures, Mubadala, Elm Street Ventures and 2 others
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