Top Human Resource Management Software startups
There are 6,832 Human Resource Management Software startups which include Workday, Gusto, Factorial, Kronos, Rippling. Out of these, 677 startups are funded, with 503 having secured Series A+ funding. United States has the most number of companies in Human Resource Management Software (1,321), followed by India
(1,033), and then United Kingdom (563).
2026 has seen the creation of 170 Human Resource Management Software startups. Over the past 10 years, an average of 322 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Harvard Business School and Harvard University.
Here is the list of top Human Resource Management Software Startups
1. Workday
Developer of cloud software for human resources finance and operations. The software provides tools for managing workforce planning, payroll, financial accounting, and contract lifecycle management. The platform integrates data across business functions to assist with organizational management and administrative tasks. It includes artificial intelligence capabilities designed to automate workflows and support decision-making processes for enterprise management.
Key facts about Workday
- Founded Year: 2005
- Location: Pleasanton (United States)
- Stage: Public
- Total Funding till date: $352M
- Investors: Greylock Partners, T. Rowe Price and 12 Others
- Latest Funding Round: Post IPO, May 15, 2013, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 8,064 Competitors
2. Gusto
Cloud-based payroll, benefits, and HR software for small and medium-sized businesses. Its core offering is software delivered online, with API integrations and automation features designed to help SMBs manage back-office operations more efficiently.
Key facts about Gusto
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Series E
- Total Funding till date: $718M
- Investors: T. Rowe Price, CapitalG and 85 Others
- Latest Funding Round: Series E, May 13, 2022, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 2 of 5,806 Competitors
3. Factorial
Provider of business management software for human resources and finance. The software automates repetitive tasks related to time management, talent acquisition, and payroll. It offers tools for employee performance tracking, onboarding, and training. The platform provides features for expense management, project oversight, and electronic signatures.
Key facts about Factorial
- Founded Year: 2016
- Location: Barcelona (Spain)
- Stage: Series D
- Total Funding till date: $369M
- Investors: Atomico, Tiger Global Management and 10 Others
- Latest Funding Round: Series D, Jun 03, 2026, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 2 of 3,350 Competitors
4. Kronos
Provider of HCM software solutions for enterprises. The product modules include workforce management, employee benefits administration, onboarding, shift scheduling, time tracking, data and document management, and more. It provides tools for analyzing performance, forecasting labor collaboration issues, compliance, payroll management, etc. It offers an AI interfaced API integration to connect to cloud systems for workforce experience management.
Key facts about Kronos
- Founded Year: 1977
- Location: Lowell (United States)
- Stage: Acquired
- Total Funding till date: $855M
- Investors: GIC, Blackstone and 3 Others
- Latest Funding Round: PE, Jul 18, 2019, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 3 of 3,350 Competitors
5. Rippling
Cloud-based suite solution for HR management. It offers automated onboarding and offboarding solution for the organizations. The product is an employee management software solution with features such as payroll administration, employee benefits management, headcount planning, feedback surveys, shift scheduling, learning management and more. It also offer products such as workflow studio, reporting analytics, policies management and more. It is a tool available on the subscription based pricing model.
Key facts about Rippling
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series G
- Total Funding till date: $1.85B
- Investors: Kleiner Perkins, Greenoaks and 71 Others
- Latest Funding Round: Series G, May 09, 2025, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 5 of 4,464 Competitors
