Celergo

Deerfield, United States Founded: 2004 • Age: 22 yrs Acquired By ADP
Global payroll is streamlined by Celergo across nearly 90 countries.

About Celergo

Celergo is a Technology company based in Deerfield (United States) founded in 2004, and was acquired by ADP in August 2018. Global payroll is streamlined by Celergo across nearly 90 countries. Celergo has raised $15 million across 1 funding round from investors including ADP and Frontier Capital. The company has 102 employees. The company was acqui-hired. Its focus areas include FinTech, Finance & Accounting Tech, Payroll Management and Enterprise Applications. Its legal entity is Celergo LLC. Its competitors include Gusto, Justworks and Earnin; 3 of its 3 listed competitors have raised funding.

Company details

Celergo was founded in 2004 and is headquartered in Deerfield, United States. Payroll services are provided to industries including financial services, business services, technology, and oil and gas. Operations are managed through a unified system that handles compliance, calculations, funding, reporting, and process changes. Expansion to additional countries is supported, with coverage in close to 90 nations for consolidation and efficiency.

  • Headquarters Deerfield, United States
  • Employees 102
  • Stage Acquired
  • Sectors
    Technology
  • Website celergo.com
  • Social LinkedIn X Facebook
  • Acquired by ADP (Aug 2018)
  • Legal Name Celergo Llc
Key Metrics
  • Total Equity Funding
    $15M (USD)

    in 1 rounds

  • Latest Funding Round
    $15M (USD), Private Equity Round

    Mar 2011

  • Investors
    ADP

    & 1 more

  • Employee Count
    102
  • Acquired by
    ADP

    (Aug 2018)

Funding Insights of Celergo

Celergo has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $15 million completed in March 2011. 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 $15M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $15M
  • First Round $15M

    (Mar 2011)

  • Investors Count 1

All 1 funding rounds of Celergo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2011$15MPrivate Equity Round––
Valuation history

2 investors in total: 2 institutional.

Investors in Celergo

Celergo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ADP and Frontier Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
frontiercapital.com
Cloud-based HR management solutions are offered for payroll and compliance.
1949adp.comRoseland, United States
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Investor details for Celergo

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Timeline of Celergo

3 dated milestones of Celergo across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Celergo is founded.
  2. Funding First funding round of $15.0M.
  3. Exit Acquired by ADP.

Competitors of Celergo

Celergo has 3 listed competitors in our database, 3 of them funded. They include Gusto, Justworks and Earnin.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gusto.com2012San Francisco, United States$718.35M5,876
Cloud-based HR and payroll solutions are offered for small businesses.
justworks.com2012New York, United States$147.52M55,459
Benefits administration and payroll management are provided for businesses.
earnin.com2012Palo Alto, United States$190.1M242
Real-time access to earned wages is provided fee-free.
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Detailed competitors of Celergo

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Celergo

Websites that share an audience with Celergo (celergo.com).

Similar websites

Websites whose visitors overlap most with Celergo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
accuquote.com
100%
8.8K#1,202,976View details
safeguardworld.com
safeguardworld.com
91%
–
cashbacs.com
cashbacs.com
90%
–
payrollservicecomparison.com
90%
View details
payzonechecks.com
payzonechecks.com
89%
–

Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Celergo (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Celergo

ADP closes on service provider Celergo
Seekingalpha β€’ 8 years ago
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Complete news archive for Celergo

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Frequently Asked Questions about Celergo

Celergo was founded in 2004 and raised its 1st funding round 7 years after it was founded.

Celergo is headquartered in Deerfield, United States.

Celergo is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $15M, raised on Mar 2011.

Celergo has 102 employees.

Celergo was founded in 2004 and is headquartered in Deerfield, United States. Payroll services are provided to industries including financial services, business services, technology, and oil and gas. Operations are managed through a unified system that handles compliance, calculations, funding, reporting, and process changes. Expansion to additional countries is supported, with coverage in close to 90 nations for consolidation and efficiency.

Celergo's top competitors include Gusto, Earnin and Justworks.

Celergo has 2 investors. Key investors include ADP, and Frontier Capital.

Celergo operates through Celergo Llc.

Yes. Celergo was acquired by ADP in August 2018.

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