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 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/
- 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
Investors
Ranked
15th among 1195 active competitors
Employee Count
1,667 as on Sep 30, 2026
Legal entities associated with Justworks
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) | - |
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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 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Justworks:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 28, 2020 | 5843367 | Series E | 7430580 | 2833351 | 2516798 | 4307261 |
Jun 06, 2018 | 2119682 | Series D | 2427500 | 4891017 | 1374213 | 6286877 |
Mar 06, 2018 | 7610629 | Series D | 7162468 | 7055183 |
View details of Justworks's funding rounds and investors
Justworks' founders and board of directors
Founder? Claim ProfileHere 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:
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Justworks's Competitors and alternates
Top competitors of Justworks include Workday, Gusto and Factorial. Here is the list of Top 10 competitors of Justworks, 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 | Gusto 2012, San Francisco (United States), Series E | Cloud-based payroll, benefits, and HR software for small and medium-sized businesses | $718M | 84/100 | |
3rd | Provider of business management software for human resources and finance | $369M | 83/100 | ||
4th | Rippling 2016, San Francisco (United States), Series G | Cloud-based suite solution for HR management | $1.85B | 80/100 | |
5th | Paychex 1971, New York City (United States), Public | Cloud-based platform for HRMS suite solutions | - | 77/100 | |
6th | Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 77/100 | |
7th | Bob 2015, London (United Kingdom), Series E | Provider of integrated software for managing workforce payroll and finance | $740M | 76/100 | |
8th | Cloud-based HRMS platform for SMBs | $772M | 75/100 | ||
9th | HealthEquity 2002, Draper (United States), Public | Employee benefits management platform for individuals and businesses | $15.3M | 74/100 | |
10th | Businessolver 1998, West Des Moines (United States), Late Stage | Cloud-based employee benefits administration solution | $65.2M | 74/100 | |
15th | Justworks 2012, New York City (United States), Series E | Benefits administration & payroll management solution for businesses | $148M | 71/100 |
Looking for more details on Justworks's competitors? Click here to see the top ones
Justworks's Investments and acquisitions
Justworks has acquired 2 companies including Via and Boomr. Justworks has not made any investments as of now.Reports related to Justworks
Here is the latest report on Justworks's sector:
News related to Justworks
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Red Clover HR Announces Strategic Partnership with JustworksPR Newswire•Jun 10, 2024•Red Clover, Justworks
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Nominal Raises $9.2M to Automate Accounting Workflows with Generative AI and Modernize ERPAlleyWatch•Mar 27, 2024•Nominalx, Bling Capital, Incubate Fund India, Vela Partners and 7 others
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Kiksasa's Game-Changing Partnership with Justworks Empowers Startups Beyond the DesktopKiksasa•Mar 01, 2024•Kiksasa, Justworks
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Adtech startup Aleph withdraws its IPO filing a year after filing paperwork to go publicTechStartups.com•Jul 20, 2023•Aleph, WeTransfer, TypTap Insurance, Justworks
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HR Technology Company Justworks Opens First Canadian Office in Toronto, Ontario to Accelerate Product InnovationRad AI•Sep 22, 2022•Justworks
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