Dayforce - About the company
Dayforce is an acquired company based in Toronto (Canada), founded in 2008 by David and Alex Kenjeev. 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 2935 active competitors, including 141 funded and 173 that have exited. Its top competitors include companies like Workday, Factorial and GreytHR.
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/
- 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
4th among 2935 active competitors
Annual Revenue
$1B+ as on Dec 31, 2024
Employee Count
6,901 as on Sep 30, 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 | Reports |
|---|---|---|---|---|
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 5 institutional investors.
Here is the list of recent funding rounds of Dayforce:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 15, 2011 | 2939089 | Series B | 1489167 | 9633734 | 6747460 | 5721110 |
Jul 20, 2010 | 5019186 | Series B | 8407390 | 6574411 | 6397353 | 5405560 |
Jul 07, 2010 | 6420066 | Series B | 3661695 | 7907433 | 9105785 |
View details of Dayforce's funding rounds and investors
Dayforce's founders and board of directors
Founder? Claim ProfileThe founders of Dayforce are David and Alex Kenjeev.
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
- Alex Kenjeev: Co-founder and VP Corporate Development of Dayforce.
View details of Dayforce's Founder profiles and Board Members
Dayforce's employee count trend
Dayforce has 6,901 employees as of Sep 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, Factorial and GreytHR. 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 | Provider of business management software for human resources and finance | $369M | 83/100 | ||
3rd | Provider of cloud based human resource management system and payroll software. | $47.4M | 79/100 | ||
4th | Developer of human capital management software providing HR and talent solutions | $30M | 78/100 | ||
5th | PeopleStrong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $28.5M | 78/100 | |
6th | Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 77/100 | |
7th | Paychex 1971, New York City (United States), Public | Cloud-based platform for HRMS suite solutions | - | 76/100 | |
8th | Bob 2015, London (United Kingdom), Series E | Provider of integrated software for managing workforce payroll and finance | $740M | 76/100 | |
9th | Darwinbox 2015, San Francisco (United States), Series D | Developer of human capital management software with AI capabilities | $144M | 75/100 | |
10th | Provider of cloud-based management solutions for retail, finance, tax, and HR | $900K | 74/100 |
Looking for more details on Dayforce's competitors? Click here to see the top ones
Dayforce's Investments and acquisitions
Dayforce has acquired 3 companies including Ribbon, eloomi and DataFuZion HCM. Dayforce has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 23, 2026 | Acquisition | 2022 | Toronto (Canada) | |
Jan 18, 2024 | Acquisition | 2015 | Copenhagen (Denmark) | |
Nov 10, 2021 | Acquisition | 2020 |
See all acquisitions by Dayforce
Reports related to Dayforce
Here is the latest report on Dayforce's sector:
News related to Dayforce
Media has covered Dayforce for a total of 34 events in the last 1 year, 19 of them have been about company updates and 4 about partnerships.
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Dayforce's Workestra Musical Performance Transforms Workplace Distractions into HarmonyRad AI•Oct 29, 2026•Dayforce
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Dayforce Expands Public Sector Access to its Agentic HCM Platform Through CarahsoftRad AI•Oct 29, 2026•Carahsoft, Dayforce
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Dayforce Introduces Dayforce Deploy to Bring Agentic AI to HCM ImplementationsRad AI•Oct 29, 2026•Dayforce
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Dayforce Launches AI-Powered Innovations for Workforce Management and PayrollRad AI•Oct 28, 2026•Dayforce
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Dayforce Expands AI Collaboration with Microsoft Across HR, Finance, and OperationsRad AI•Oct 28, 2026•Microsoft, Dayforce
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Dayforce to Acquire Ribbon AI Inc. to Enhance Agentic Recruiting CapabilitiesRad AI•Oct 23, 2026•Ribbon, Dayforce
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Deloitte and Sirion Launch Strategic Alliance for AI-Powered Global Contract Lifecycle ManagementPR Newswire•Oct 15, 2026•Deloitte, Sirion, Vertiv, Dayforce and 1 other
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Dayforce Appoints Jake Varghese as Chief Product and Technology OfficerFinancial Post•Oct 06, 2026•Dayforce
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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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