Dayforce - About the company
Dayforce is an acquired company based in Toronto (Canada), founded in 2008 by David. It operates as a Developer of human capital management software providing HR and talent solutions. Dayforce has raised $30M in funding from Bridgescale and Ceridian. The company has 2563 active competitors, including 139 funded and 171 that have exited. Its top competitors include companies like Workday, Kronos and Deel.
Company Details
Developer of human capital management software providing HR and talent solutions. The company offers a platform delivering human resources, payroll, talent management, and workforce management functionalities. The platform provides reporting and analytics, helping organizations to manage their workforce. It focuses on streamlining processes and offering insights for decision-making.
- Website
- www.dayforce.com/
- Social
- Registered Address
- RMZ Azure, 7th Floor, Bellary Road, Next to Godrej Apartments, Hebbal Kempapura, Hebbal Kempapura, Bangalore, Bangalore North, Karnataka, India, 560024
Key Metrics
Founded Year
2008
Location
Toronto, Canada
Stage
Acquired
Total Funding
$30M in 4 rounds
Latest Funding Round
Investors
Ranked
8th among 2563 active competitors
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
6,884 as on Aug 31, 2026
Exit Details
Acquired by Thoma Bravo (Aug 21, 2025)
Legal entities associated with Dayforce
Dayforce is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dayforce, Inc. CIN: 1725057 , United States, Active | $1B+ (As on Dec 31, 2024) | - | - | |
DAYFORCE INDIA PRIVATE LIMITED CIN: U74900KA2014FTC077632 , India, Active | Dec 05, 2014 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 771 (As on Aug 31, 2025) |
Dayforce's acquisition details
Dayforce got acquired by Thoma Bravo on Aug 21, 2025 at an acquisition amount of $*****.
Click here to take a look at Dayforce's acquisition in detail
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Dayforce's funding and investors
Dayforce has raised a total funding of $30M over 4 rounds. Its first funding round was on May 28, 2009. Its latest funding round was a Series B round on Feb 15, 2011 for $*****. 1 investor participated in its latest round. Dayforce has 3 institutional investors.
Here is the list of recent funding rounds of Dayforce:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 15, 2011 | 4526757 | Series B | 9941016 | 8208660 | 1980171 | 1961955 |
Jul 20, 2010 | 5121162 | Series B | 3385203 | 1369488 | 8871224 | 2323044 |
Jul 07, 2010 | 7836351 | Series B | 6165733 | 5379030 | 6660228 |
Access funding benchmarks and valuations. Sign up today!View details of Dayforce's funding rounds and investors
Dayforce's founders and board of directors
Founder? Claim ProfileThe founders of Dayforce is David.
Here are the details of Dayforce's key team members:
- David: Founder & CEO of Dayforce and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 2 email addresses
View details of Dayforce's Founder profiles and Board Members
Dayforce's employee count trend
Dayforce has 6,884 employees as of Aug 26. Here is Dayforce's employee count trend over the years:
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Dayforce's Competitors and alternates
Top competitors of Dayforce include Workday, Kronos and Deel. Here is the list of Top 10 competitors of Dayforce, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Workday 2005, Pleasanton (United States), Public | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd |  Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 81/100 | |
3rd |  Deel 2019, San Francisco (United States), Series E | Provider of human resources and international payroll compliance software tools | $986M | 79/100 | |
4th | Provider of cloud based human resource management system and payroll software. | $47.4M | 79/100 | ||
5th | Provider of business management software for human resources and finance | $369M | 78/100 | ||
6th |  PeopleStrong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $30.7M | 78/100 | |
7th | Remote 2019, Amsterdam (Netherlands), Series C | Provider of employment infrastructure for payroll compliance and contractor management | $506M | 77/100 | |
8th | Developer of human capital management software providing HR and talent solutions | $30M | 77/100 | ||
9th | Provider of a platform for human resources, payroll, and finance | $740M | 75/100 | ||
10th |  Darwinbox 2015, San Francisco (United States), Series D | Developer of human capital management software with AI capabilities | $149M | 75/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Dayforce's competitors? Click here to see the top ones
Dayforce's Investments and acquisitions
Dayforce has acquired 2 companies including eloomi and DataFuZion HCM. Dayforce has not made any investments as of now.Reports related to Dayforce
Here is the latest report on Dayforce's sector:
News related to Dayforce
Filter this listMedia has covered Dayforce for a total of 28 events in the last 1 year, 14 of them have been about company updates and 3 about partnerships.
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Dayforce Enters FedRAMP Marketplace, a Key Step in U.S. Federal ExpansionRad AI•Sep 21, 2026•Dayforce
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Dayforce Named Leader in Gartner's Inaugural Magic Quadrant for Workforce Management TechnologyChannelLife•Sep 18, 2026•Dayforce
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Dayforce Named a Leader in the 2026 Gartner® Magic Quadrant™ for HCM Suites for 1,000+ Employee Enterprises for Seventh Consecutive YearFinancial Post•Sep 02, 2026•Dayforce
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Deloitte Acquires Construction Cost Consultancy The Orange Partnership to Target Infrastructure BoomCity A.M.•Aug 04, 2026•Deloitte, BDO Canada, Dayforce
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Dayforce Partners with WorkWhile to Expand Flex Work Ecosystem for Frontline TalentGlobeNewswire•Jul 13, 2026•Dayforce, WorkWhile
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Dayforce Research: Frontline Operations Facing Strain Due to Hidden Disruption Driving Costs and RiskRad AI•May 22, 2026•Dayforce
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Dayforce Expands Partner Ecosystem with Emburse and DocusignGlobeNewswire•Mar 19, 2026•DocuSign, Emburse, Dayforce
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Dayforce Launches New Brand Campaign Highlighting AI-Powered People PlatformRad AI•Feb 19, 2026•Dayforce
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