Paycor - About the company
Paycor is an acquired company based in Cincinnati (United States), founded in 1990. It operates as a Cloud-based HRMS platform for SMBs. Paycor has raised $450M in funding from investors like Qatar Investment Authority, Apax and Neuberger Berman, with last known valuation of $*****. The company has 3063 active competitors, including 200 funded and 236 that have exited. Its top competitors include companies like Workday, Gusto and People Strong.
Company Details
Cloud-based HRMS platform for SMBs. The features of the product include learning management, recruiting, onboarding, benefits and payroll administration, time management, attendance management, workforce analytics, etc. It also offers tools for employee benefits and engagement. The offering sectors include healthcare, manufacturing, retail, hospitality, etc. It is a tool available on the subscription based pricing model.
- Website
- paycor.com
- Email ID
- *****@paycor.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1990
Location
Cincinnati, United States
Stage
Acquired
Total Funding
$450M in 7 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jan 07, 2025
Investors
Ranked
13th among 3063 active competitors
Annual Revenue
$500M - $1B as on Jun 30, 2024
Employee Count
2,741 as on Jun 30, 2026
Exit Details
Acquired by Paychex (Jan 07, 2025)
Legal entities associated with Paycor
Paycor is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PAYCOR HCM, INC. CIN: 1839439 , United States, Active | Aug 23, 2018 | $500M - $1B (As on Jun 30, 2024) | - | - |
PAYCOR, INC CIN: 1138779 , United States, Active | $1 - $1M (As on Dec 23, 2015) | - | - | |
NIMBLE SOFTWARE SYSTEMS, LLC CIN: 5320021 , United States, Active | Apr 16, 2013 | - | - | - |
PAYCOR, INC. CIN: 311299990 , United States, Active | Feb 14, 2001 | - | 2615 (As on Dec 31, 2024) | - |
IDEAL WORK s.r.o. CIN: 07080875 , Czech Republic, Active | Apr 26, 2018 | - | - |
Paycor's acquisition details
Click here to take a look at Paycor's acquisition in detail
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Paycor's funding and investors
Paycor has raised a total funding of $450M over 7 rounds. Its first funding round was on Jan 16, 2007. Its latest funding round was a Series E round on Jan 04, 2021 for $*****. 6 investors participated in its latest round. Paycor has 17 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Paycor:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 04, 2021 | 1201677 | Series E | 2362580 | 2509139 | 3060637 | 3699686 |
Sep 11, 2018 | 1699352 | Series D | 1842484 | 3685164 | 2644191 | 4238564 |
Jun 20, 2016 | 2624451 | Series D | 6087613 | 8483682 | 9758787 | 7877458 |
View details of Paycor's funding rounds and investors
Paycor's founders and board of directors
Founder? Claim ProfilePaycor's employee count trend
Paycor has 2,741 employees as of Jun 26. Here is Paycor's employee count trend over the years:
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Paycor's Competitors and alternates
Top competitors of Paycor include Workday, Gusto and People Strong. Here is the list of Top 10 competitors of Paycor, 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 | People Strong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $30.7M | 83/100 | |
4th | Provider of business management software for human resources and finance | $369M | 81/100 | ||
5th | Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 80/100 | |
6th | Provider of a platform for human resources, payroll, and finance | $574M | 79/100 | ||
7th | Rippling 2016, San Francisco (United States), Series G | Cloud-based suite solution for HR management | $1.85B | 79/100 | |
8th | Employment Hero 2014, Sydney (Australia), Acquired | Provider of end to end HR, payroll and benefits management platform | $460M | 79/100 | |
9th | Provider of cloud based human resource management system and payroll software. | $47.4M | 78/100 | ||
10th | Developer of human capital management software providing HR and talent solutions | $30M | 77/100 | ||
13th | Paycor 1990, Cincinnati (United States), Acquired | Cloud-based HRMS platform for SMBs | $450M | 76/100 |
Looking for more details on Paycor's competitors? Click here to see the top ones
Paycor's Investments and acquisitions
Paycor has not made any investments yet. Paycor has made 5 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 26, 2023 | Acquisition | 2013 | Austin (United States) | |
Oct 14, 2022 | Acquisition | 2016 | Hoboken (United States) | |
Sep 29, 2020 | Acquisition | 2010 | Vancouver (Canada) |
See all acquisitions by Paycor
Reports related to Paycor
Here is the latest report on Paycor's geography:
News related to Paycor
Media has covered Paycor for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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Pantomath Raises $30M in Series B Funding Led by General Catalyst to Expand AI-Powered Data OperationsSiliconAngle•Aug 04, 2025•Pantomath, Foster Ventures, Coterie, Paycor and 7 others
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Geode Capital Management LLC Purchases 58,730 Shares of Paycor HCM, Inc. (NASDAQ:PYCR)MarketBeat•Apr 20, 2025•Paycor
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Fox Run Management L.L.C. Makes New Investment in Paycor HCM, Inc. (NASDAQ:PYCR)MarketBeat•Mar 29, 2025•Paycor
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Paychex reports earnings and sales growth in ‘transformational’ Q3Rochester Business Journal•Mar 26, 2025•Paychex, Paycor
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