When was Justworks founded?

Justworks was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Justworks located?

Justworks is headquartered in New York City, United States. It is registered at Mendham, New Jersey.

How many employees does Justworks have?

As of Sep 30, 2026, the latest employee count at Justworks is 1667.

Is Justworks a funded company?

Justworks is a funded company, having raised a total of $148M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 16, 2013.

How much is Justworks worth?

The latest valuation of Justworks is $***** as of Feb 24, 2025. This marks a decline of 9% from its peak valuation of $1.09B in May, 2015. This marks a decline of 9% from its peak valuation of $1.09B in May, 2015.

When was the latest funding round of Justworks?

Justworks' latest funding was a $***** Series E round on Jan 28, 2020, with participation from 7 investors. Its primary sector is HRTech. In United States, the HRTech sector has seen $2.25B in funding in 2026 to date.

Where does Justworks rank among its competitors?

Justworks ranks 15th amongst 1195 active competitors, of which 146 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Bob, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of Justworks?

Justworks' top competitors include Workday, Gusto and Factorial. Among them, Bob secured the most recent funding round in September, 2026.

Justworks - 2026 Company Profile, Team, Funding & Competitors

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 1195 active competitors, including 146 funded and 152 that have exited. Its top competitors include companies like Workday, Gusto and Factorial.

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.

Website: www.justworks.com/
Social
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

Series E, Jan 28, 2020, $*****

Post Money Valuation

$***** as on Feb 24, 2025

Investors

Index Ventures & 16 more

Ranked

15^th among 1195 active competitors

Employee Count

1,667 as on Sep 30, 2026

Investment & Acquisitions

Via & 1 more

Similar Companies

Gusto & 2393 more

View Justworks' full profile

Justworks is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
JUSTWORKS EMPLOYMENT GROUP, LLC CIN: 462283648 , United States, Active	Dec 31, 1999	-	147007 (As on Dec 31, 2024)	-

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 16 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Justworks:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2020	1177113	Series E	5201578	4346692	7306945	6119651
Jun 06, 2018	8495613	Series D	7035713	5006016	2497953	2753724
Mar 06, 2018	8460717	Series D	5856209	6545142	FirstMark	Index Ventures & 3 more

Access funding benchmarks and valuations. Sign up today!

View details of Justworks's funding rounds and investors

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:

Isaac Oates: Co-Founder of Justworks and founder of 1 other company. They are also an angel investor in 5 startups.
Iris Ramos: Former Co-Founder of Justworks.
Contact Info: 1 email address
Michael Seckler: CEO of Justworks.
Contact Info: 1 email address

View details of Justworks's Founder profiles and Board Members

Justworks' employee count trend

Justworks has 1,667 employees as of Sep 26. Here is Justworks's employee count trend over the years:

Uncover Justworks' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Justworks include Workday, Gusto and Factorial. 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	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 & 86 others	84/100
3rd	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 11 others	83/100
4th	Rippling 2016, San Francisco (United States), Series G	Cloud-based suite solution for HR management	$1.85B	Kleiner Perkins, Greenoaks & 72 others	80/100
5th	Paychex 1971, New York City (United States), Public	Cloud-based platform for HRMS suite solutions	-	American Century, SEB & 5 others	77/100
6th	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	77/100
7th	Bob 2015, London (United Kingdom), Series E	Provider of integrated software for managing workforce payroll and finance	$740M	General Atlantic, Bessemer Venture Partners ... & 27 others	76/100
8th	Personio 2015, Munich (Germany), Series E	Cloud-based HRMS platform for SMBs	$772M	Global Founders Capital, Picus Capital & 29 others	75/100
9th	HealthEquity 2002, Draper (United States), Public	Employee benefits management platform for individuals and businesses	$15.3M	Berkley Capital, Napier Park Global Capital ... & 4 others	74/100
10th	Businessolver 1998, West Des Moines (United States), Late Stage	Cloud-based employee benefits administration solution	$65.2M	JMI Management, Warburg Pincus & 5 others	74/100
15th	Justworks 2012, New York City (United States), Series E	Benefits administration & payroll management solution for businesses	$148M	Meritech, Redpoint Ventures & 15 others	71/100