When was Immedis founded?

Immedis was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Immedis located?

Immedis is headquartered in Dublin, Ireland.

Who is the current CEO of Immedis?

Ruairi Kelleher of Immedis. They are also an angel investors in 1 startup.

Which legal entities is Immedis associated with?

Immedis is associated with IMMEDIS LIMITED.

How many employees does Immedis have?

As of Sep 30, 2026, the latest employee count at Immedis is 200.

Is Immedis a funded company?

Immedis is a funded company, having raised a total of $81.1M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on May 24, 2019.

How much is Immedis worth?

The last known valuation of Immedis was $***** as of May 10, 2023.

When was the latest funding round of Immedis?

Immedis' latest funding was a $***** Series C round on May 10, 2023, with participation from 2 investors.

Where does Immedis rank among its competitors?

Immedis ranks 332nd amongst 10742 active competitors, of which 494 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Pennylane, which secured $205M in Jan, 2026.

Who are the top competitors of Immedis?

Immedis' top competitors include Workday, Gusto and Oracle. Among them, Pennylane secured the most recent funding round in January, 2026.

Immedis - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Cloud-based payroll management software for businesses. It features solutions for employment tax management, reporting & analytics, data validation, staff management, process automation, compliance monitoring, etc. Also offers services for payroll payments & funding, and tax administration.

Website: immedis.com
Social
Email ID: *****@immedis.com
Phone Number: +35 **********

Key Metrics

Founded Year

2016

Location

Dublin, Ireland

Stage

Acquired

Total Funding

$81.1M in 3 rounds

Latest Funding Round

Series C, May 10, 2023, $*****

Last Known Valuation

$***** as on May 10, 2023

Investors

Scottish Equity Partners & 6 more

Ranked

332^nd among 10742 active competitors

Employee Count

200 as on Sep 30, 2026

Similar Companies

Gusto & 1435 more

Exit Details

Acquired by UKG (Jun 07, 2023)

View Immedis' full profile

Immedis is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
IMMEDIS LIMITED CIN: 586847 , Ireland, Active	Jul 28, 2016	-	-	-

Immedis got acquired by UKG on Jun 07, 2023.

Click here to take a look at Immedis's acquisition in detail

Immedis has raised a total funding of $81.1M over 3 rounds. Its first funding round was on May 24, 2019. Its latest funding round was a Series C round on May 10, 2023 for $*****. 2 investors participated in its latest round. Immedis has 4 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Immedis:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 10, 2023	9424399	Series C	9441732	8260333	4473039	3085519
Dec 07, 2020	4294222	Series C	1775982	2874927	9277605	6008803
May 24, 2019	9784606	Series B	1117688	4523272	Scottish Equity Partners	6272592

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Immedis' employee count trend

Immedis has 200 employees as of Sep 26. Here is Immedis's employee count trend over the years:

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Top competitors of Immedis include Workday, Gusto and Oracle. Here is the list of Top 10 competitors of Immedis, ranked by Tracxn score:

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	Greylock Partners, T. Rowe Price & 13 others	88/100
2nd	Gusto 2012, San Francisco (United States), Series E	Cloud-based payroll, benefits, and HR software for small and medium-sized businesses	$718M	T. Rowe Price, CapitalG & 85 others	84/100
3rd	Oracle 1977, Austin (United States), Public	Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management	-	Europa, National Science Foundation & 36 others	83/100
4th	Vyapar 2017, Bengaluru (India), Series B	Developer of software for business accounting and inventory management tasks	$35.9M	WestBridge Capital, India Quotient & 15 others	82/100
5th	SAP 1972, Walldorf (Germany), Public	Provider of business applications, technology, and cloud enterprise resource planning	-	Europa, Mulhacen Holding & 13 others	82/100
6th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Iris Software, SM TRUST & 23 others	80/100
7th	The Access Group 1991, Loughborough (United Kingdom), Late Stage	Provider of business management software for diverse commercial industry sectors	$1.49B	Hg, Lyceum Capital & 23 others	80/100
8th	Infor 2002, New York City (United States), Acquired	Cloud based ERP software for multi industries	$1.52B	Lyca Mobile, LC Waikiki & 18 others	80/100
9th	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Europa, Alcor Fund & 25 others	79/100
10th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	DST Global, Sequoia Capital & 9 others	78/100
332nd	Immedis 2016, Dublin (Ireland), Acquired	Cloud-based payroll management software for businesses	$81.1M	Lead Edge Capital, Scottish Equity Partners ... & 5 others	44/100

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Founders (largest shareholder) own 53.55%, Funds own 24.83%, Parent Entities own 1.33% and Enterprises own 14.11%. The net worth of Immedis's founders is INR 248M as of May 10, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.55%	248M	3161451	7139720	2205916	6495424
Fund	24.83%	115M	6072459	5206627	6132501	4585418
Scottish Equity Partners	1994123	4813891	9970127	5555132	9109480	9676428
Lead Edge Capital	9858680	4511141	1390312	3087274	8875678	4339081
Parent Entity	1.33%	6.15M	7	6	1	2
Enterprise	14.11%	65.5M	9674835	8962761	4270551	6539471
Other People	6.18%	28.7M	626404	647405	972194	472442
Total	100.00%	46.4Cr	5889194	5630282	6138180	7726584