About ADP
ADP is a company based in San Francisco (United States) founded in 2018 by Orien Wu was acquired by ADP in August 2023. It operates as a SaaS (Software-as-a-Service), and Managed Services. ADP has raised $19.3 million across 3 funding rounds from investors including ADP, Two Sigma Ventures and First Round Capital. ADP offers products and services including Payroll Services, Time & Attendance, Talent Management, and Benefits & Insurance.
- Headquarter San Francisco, United States
- Founders Orien Wu
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Adp, Inc.
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Products & Services of ADP
ADP offers a comprehensive portfolio of products and services, including Payroll Services, Time & Attendance, Talent Management, and Benefits & Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Payroll processing is managed for accurate, timely payments.
Labor costs are tracked with efficient attendance tools.
Employee potential is maximized from recruitment to retirement.
Employee benefits are administered with flexible insurance plans.
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Funding Insights of ADP
ADP has successfully raised a total of $19.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $14.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Series A - ADP | Valuation | Two Sigma Ventures |
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| Jul, 2020 | Amount | Seed - ADP | Valuation | Elad Gil | |
| Sep, 2018 | Amount | Seed - ADP | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in ADP
ADP has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include ADP, Two Sigma Ventures and First Round Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments in tech sectors are managed by the firm.
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ADP
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ADP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Adp Comparisons
Competitors of ADP
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ADP
When was ADP founded?
ADP was founded in 2018.
Where is ADP located?
ADP is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of ADP?
Orien Wu is the current CEO of ADP. They have also founded this company.
Is ADP a funded company?
ADP is a funded company, having raised a total of $19.3M across 3 funding rounds to date.
What does ADP do?
ADP is engaged in delivering comprehensive payroll and HR solutions to businesses of all sizes. Services are offered across various sectors including small, midsized, and large enterprises. Solutions encompass payroll processing, time and attendance management, talent management, benefits administration, and HR outsourcing. Operations are supported in over 140 countries with integrated technology and compliance tools. Focus is placed on enhancing workforce management through innovative AI capabilities and secure systems.
What products or services does ADP offer?
ADP offers Payroll Services, Time & Attendance, Talent Management, and Benefits & Insurance.
Who are ADP's investors?
ADP has 4 investors. Key investors include ADP, Two Sigma Ventures, First Round Capital, and Elad Gil.
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