Acrede HR & Payroll

Salisbury, United Kingdom Founded: 2010 • Age: 16 yrs Acquired By Intuit
Cloud-based HR and payroll services are delivered globally.
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About Acrede HR & Payroll

Acrede HR & Payroll is a company based in Salisbury (United Kingdom) founded in 2010 was acquired by Intuit in December 2014.. The company has 9 employees as of January 31, 2013. Acrede HR & Payroll operates in a competitive market with competitors including Gusto, Payflow, Paylocity, Justworks and Earnin, among others.

  • Headquarter Salisbury, United Kingdom
  • Employees 9 as on 31 Jan, 2013
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Acrede Hr And Payroll Solutions Limited
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $1.88 M (USD)
    0
    as on Dec 31, 2014
  • Net Profit
    $88.02 K (USD)
    0
    as on Dec 31, 2014
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    9

    as on Jan 31, 2013

  • Acquired by
    Intuit

    (Dec 10, 2014)

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Funding Insights of Acrede HR & Payroll

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Acrede HR & Payroll

Acrede HR & Payroll has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Intuit. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Financial and accounting software is developed for businesses and individuals.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Acrede HR & Payroll

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Acrede HR Payroll

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acrede Hr & Payroll Comparisons

Employees
+
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Competitors of Acrede HR & Payroll

Acrede HR & Payroll operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Payflow, Paylocity, Justworks and Earnin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based HR and payroll solutions are offered for small businesses.
domain founded_year HQ Location
Payflow is recognized as a financial wellness application for employees.
domain founded_year HQ Location
Cloud-based payroll and HR solutions are provided for businesses.
domain founded_year HQ Location
Benefits administration and payroll management are provided for businesses.
domain founded_year HQ Location
Real-time access to earned wages is provided fee-free.
domain founded_year HQ Location
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acrede Hr & Payroll

Frequently Asked Questions about Acrede HR & Payroll

When was Acrede HR & Payroll founded?

Acrede HR & Payroll was founded in 2010.

Where is Acrede HR & Payroll located?

Acrede HR & Payroll is headquartered in Salisbury, United Kingdom. It is registered at Salisbury, Wiltshire, United Kingdom.

How many employees does Acrede HR & Payroll have?

As of Jan 31, 2013, the latest employee count at Acrede HR & Payroll is 9.

What is the annual revenue of Acrede HR & Payroll?

Annual revenue of Acrede HR & Payroll is $1.88M as on Dec 31, 2014.

What does Acrede HR & Payroll do?

Acrede HR Payroll was established in 2010 in Salisbury, United Kingdom, within the human resources and payroll sector. Cloud solutions are utilized by the company to centralize workforce management, process payroll, and generate reports for organizations. Acquisition by Intuit occurred on December 10, 2014. Business and financial management tools for small and medium-sized enterprises are supplied by Intuit.

Who are the top competitors of Acrede HR & Payroll?

Acrede HR & Payroll's top competitors include Payflow, Gusto and Earnin.

Who are Acrede HR & Payroll's investors?

Acrede HR & Payroll has 1 investor. Key investors include Intuit.

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