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Justworks - About the company

Justworks is a series E company based in New York City (United States), founded in 2012 by Isaac Oates and Iris Ramos. It operates as a Benefits administration & payroll management solution for businesses. Justworks has raised $148M in funding from investors like Index Ventures, FirstMark and Redpoint Ventures, with a current valuation of $*****. The company has 1228 active competitors, including 167 funded and 157 that have exited. Its top competitors include companies like Workday, Gusto and Kronos.

Company Details

Justworks is a benefits administration and payroll management solution for businesses. It features solutions for payroll management, health insurance, dental insurance, vision insurance, and more. It also offers solutions foremployee benefits, employee-related compliance management, employee onboarding, vendor & contractor payments, HR consulting and more.
Social
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Email ID
*****@justworks.com
Phone Number
+1 **********
Registered Address
Mendham, New Jersey
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Series E
Total Funding
$148M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 24, 2025
Ranked
Employee Count
1,542 as on Mar 31, 2026
Investment & Acquisitions
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Justworks's funding and investors

Justworks has raised a total funding of $148M over 7 rounds. Its first funding round was on Oct 16, 2013. Its latest funding round was a Series E round on Jan 28, 2020 for $*****. 7 investors participated in its latest round. Justworks has 14 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Justworks:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 28, 2020
7388714
Series E
7311123
2609316
3606489
6558364
Jun 06, 2018
4553391
Series D
7542658
9975390
5853937
8286616
Mar 06, 2018
9998547
Series D
9803136
3896144
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Justworks' founders and board of directors

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The founders of Justworks are Isaac Oates and Iris Ramos. Michael Seckler is the CEO of Justworks.
Here are the details of Justworks' key team members:

Justworks' employee count trend

Justworks has 1,542 employees as of Mar 26. Here is Justworks's employee count trend over the years:
Employee count trend for Justworks
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Justworks's Competitors and alternates

Top competitors of Justworks include Workday, Gusto and Kronos. Here is the list of Top 10 competitors of Justworks, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Cloud-based financial management, EPM, and HR software provider for enterprises
$352M
86/100
2nd
Logo for Gusto
Gusto
2012, San Francisco (United States), Series E
Provider of a cloud-based platform offering payroll, benefits, and HR solutions
$718M
83/100
3rd
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
80/100
4th
Logo for Rippling
Rippling
2016, San Francisco (United States), Series G
Cloud-based suite solution for HR management
$1.85B
79/100
5th
Logo for Alight
Alight
2015, Lincolnshire (United States), Public
Provider of technology-enabled solutions for health, wealth, and human capital
$10.5M
78/100
6th
Logo for Bob
Bob
2015, Tel Aviv (Israel), Series D
Provider of a platform for human resources, payroll, and finance
$574M
78/100
7th
Logo for Paycor
Paycor
1990, Cincinnati (United States), Acquired
Cloud-based HRMS platform for SMBs
$450M
77/100
8th
Logo for Personio
Personio
2015, Munich (Germany), Series E
Cloud-based HRMS platform for SMBs
$772M
77/100
9th
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series C
Provider of business management software for human resources and finance
$300M
77/100
10th
Logo for Zoho
Zoho
1996, Chennai (India), Unfunded
Provider of cloud-based business software suite for diverse operational requirements
-
-
76/100
42nd
Logo for Justworks
Justworks
2012, New York City (United States), Series E
Benefits administration & payroll management solution for businesses
$148M
70/100
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Justworks's Investments and acquisitions

Justworks has acquired 2 companies including Via and Boomr. Justworks has not made any investments as of now.

News related to Justworks

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Justworks Add Expense Management FeatureBusiness Travel NewsJul 28, 2023Justworks
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