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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 3272 active competitors, including 201 funded and 239 that have exited. Its top competitors include companies like Workday, Gusto and Kronos.

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
Social
XFacebook
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
Ranked
Annual Revenue
$500M - $1B as on Jun 30, 2024
Employee Count
2,747 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Paychex (Jan 07, 2025)

Paycor's acquisition details

Paycor got acquired by Paychex on Jan 07, 2025 at an acquisition amount of $*****.
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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 04, 2021
8454098
Series E
3489880
2773916
9244190
1268927
Sep 11, 2018
7171046
Series D
4242276
3909239
8229532
5992911
Jun 20, 2016
1528995
Series D
7518981
4786834
2770935
2632007
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Paycor's founders and board of directors

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Paycor's employee count trend

Paycor has 2,747 employees as of Aug 26. Here is Paycor's employee count trend over the years:
Employee count trend for Paycor
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Paycor's Competitors and alternates

Top competitors of Paycor include Workday, Gusto and Kronos. Here is the list of Top 10 competitors of Paycor, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Gusto
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
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
81/100
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 Employment Hero
Employment Hero
2014, Sydney (Australia), Acquired
Provider of end to end HR, payroll and benefits management platform
$460M
79/100
6th
Logo for Deel
Deel
2019, San Francisco (United States), Series E
Provider of human resources and international payroll compliance software tools
$986M
79/100
7th
Logo for GreytHR
GreytHR
1994, Bengaluru (India), Acquired
Provider of cloud based human resource management system and payroll software.
$47.4M
79/100
8th
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series D
Provider of business management software for human resources and finance
$369M
78/100
9th
Logo for PeopleStrong
PeopleStrong
2005, Gurugram (India), Acquired
Provider of human capital management platform offering integrated HR solutions
$30.7M
78/100
10th
Logo for Remote
Remote
2019, Amsterdam (Netherlands), Series C
Provider of employment infrastructure for payroll compliance and contractor management
$506M
77/100
12th
Logo for Paycor
Paycor
1990, Cincinnati (United States), Acquired
Cloud-based HRMS platform for SMBs
$450M
75/100
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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:lockFilter 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)
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See all acquisitions by Paycor

Reports related to Paycor

Here is the latest report on Paycor's sector:

News related to Paycor

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Media has covered Paycor for 1 event in last 1 year, It was about partnerships.
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