When was Netchex founded?

Netchex was founded in 2003 and raised its 1st funding round 13 years after it was founded.

Where is Netchex located?

Netchex is headquartered in Covington, United States. It is registered at Covington, Louisiana.

How many employees does Netchex have?

As of Oct 31, 2026, the latest employee count at Netchex is 391.

Is Netchex a funded company?

Netchex is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Mar 22, 2016.

When was the latest funding round of Netchex?

Netchex's latest funding was a $***** Series B round on Apr 04, 2016, with participation from 1 investor.

Where does Netchex rank among its competitors?

Netchex ranks 71st amongst 2775 active competitors, of which 132 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Darwinbox, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of Netchex?

Netchex's top competitors include Workday, Factorial and Kronos. Among them, Darwinbox secured the most recent funding round in September, 2026.

Netchex - 2026 Company Profile, Team, Funding & Competitors

Netchex is an acquired company based in Covington (United States), founded in 2003. It operates as a Provider of cloud-based human capital management software and related services. Netchex has raised an undisclosed amount in funding. The company has 2775 active competitors, including 132 funded and 169 that have exited. Its top competitors include companies like Workday, Factorial and Kronos.

Company Details

Provider of cloud-based human capital management software and related services. The platform delivers tools for hiring, onboarding, time and attendance, payroll, benefits, performance tracking, learning, engagement, and human resources. The software integrates various functions into a single system. It offers resources, including product demos, case studies, and a content library.

Website: netchex.com
Social
Email ID: *****@netchex.com
Phone Number: +1 **********
Registered Address: Covington, Louisiana

Key Metrics

Founded Year

2003

Location

Covington, United States

Stage

Acquired

Latest Funding Round

Series B, Apr 04, 2016, $*****

Investors

Primus Capital & 1 more

Ranked

71^st among 2775 active competitors

Employee Count

391 as on Oct 31, 2026

Similar Companies

Workday & 3236 more

Exit Details

Acquired by GrowthCurve Capital (Jun 07, 2023)

View Netchex's full profile

Netchex is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
S & W PAYROLL SERVICES, LLC CIN: 421592649 , United States, Active	Dec 31, 2002	-	330 (As on Dec 31, 2024)	-

Netchex got acquired by GrowthCurve Capital on Jun 07, 2023.

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

Netchex has raised funding over 2 rounds. Its first funding round was on Mar 22, 2016. Its latest funding round was a Series B round on Apr 04, 2016 for $*****. 1 investor participated in its latest round. Netchex has 2 institutional investors.

Here is the list of recent funding rounds of Netchex:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 04, 2016	5644437	Series B	7212700	1751373	4193701	2842388
Mar 22, 2016	6991770	Series B	9075820	7377676	2725677	Primus Capital

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View details of Netchex's funding rounds and investors

Netchex's employee count trend

Netchex has 391 employees as of Oct 26. Here is Netchex's employee count trend over the years:

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Top competitors of Netchex include Workday, Factorial and Kronos. Here is the list of Top 10 competitors of Netchex, 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 & 12 others	88/100
2nd	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 10 others	82/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	81/100
4th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
5th	PeopleStrong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	78/100
6th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 2 others	77/100
7th	Paychex 1971, New York City (United States), Public	Cloud-based platform for HRMS suite solutions	-	American Century, SEB & 5 others	75/100
8th	Bob 2015, London (United Kingdom), Series E	Provider of integrated software for managing workforce payroll and finance	$740M	General Atlantic, Bessemer Venture Partners ... & 24 others	75/100
9th	Darwinbox 2015, San Francisco (United States), Series D	Developer of human capital management software with AI capabilities	$144M	Peak XV Partners, TCV & 55 others	75/100
10th	SuccessFactors 2001, San Francisco (United States), Acquired	AI-powered human capital management solutions for workforce success and organizational agility	$79.8M	Notable Capital, Emergence Capital & 9 others	73/100
71st	Netchex 2003, Covington (United States), Acquired	Provider of cloud-based human capital management software and related services	-	Primus Capital, First Analysis	54/100