Advanced Payroll

Louisville, United States Founded: 1991 • Age: 35 yrs Acquired By Kronos
Cloud-based HR and payroll solutions are offered for SMBs.
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About Advanced Payroll

Advanced Payroll is a company based in Louisville (United States) founded in 1991 was acquired by Kronos in April 2018.. The company has 415 employees as of December 31, 2021. Advanced Payroll operates in a competitive market with competitors including Gusto, Paycor, Paychex, TriNet and Rippling, among others.

  • Headquarter Louisville, United States
  • Employees 415 as on 31 Dec, 2021
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Advanced Payroll Solutions, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    415

    as on Dec 31, 2021

  • Acquired by
    Kronos

    (Apr 13, 2018)

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Funding Insights of Advanced 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 Advanced Payroll

Advanced Payroll has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kronos. 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
HCM software solutions for enterprise workforce management are provided.
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 Advanced 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 - Advanced 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

Advanced Payroll Comparisons

Employees
+
Add Comparison
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Competitors of Advanced Payroll

Advanced 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, Paycor, Paychex, TriNet and Rippling, 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
Cloud-based HRMS platform is provided for small and medium-sized businesses.
domain founded_year HQ Location
Cloud-based HRMS solutions are delivered for payroll and employee management.
domain founded_year HQ Location
Cloud-based HRMS platform is offered for small and medium businesses.
domain founded_year HQ Location
Cloud-based HR management suite is provided for employee operations.
domain founded_year HQ Location
Cloud-based HR management solutions are offered for payroll and compliance.
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 Advanced Payroll

Frequently Asked Questions about Advanced Payroll

When was Advanced Payroll founded?

Advanced Payroll was founded in 1991.

Where is Advanced Payroll located?

Advanced Payroll is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.

How many employees does Advanced Payroll have?

As of Dec 31, 2021, the latest employee count at Advanced Payroll is 415.

What does Advanced Payroll do?

Advanced Payroll Systems was founded in 1991 in Louisville, United States, and operates in the human capital management sector. Cloud-based solutions are provided for small and medium-sized businesses, encompassing HR functions such as recruitment, onboarding, performance management, and training. Additional modules cover payroll processing, time and attendance tracking, and compliance requirements including ACA and COBRA. The company has evolved from initial payroll services to a comprehensive workforce management platform.

Who are the top competitors of Advanced Payroll?

Advanced Payroll's top competitors include Gusto, Rippling and Paycor.

Who are Advanced Payroll's investors?

Advanced Payroll has 1 investor. Key investors include Kronos.

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