About Ceridian
Ceridian is a company based in Minneapolis (United States) founded in 1992 was acquired by Fidelity National Financial in November 2007.. Ceridian has raised $150 million across 3 funding rounds from investors including Fidelity National Financial, Ares Management and Thomas H Lee Partners. The company has 608 employees as of March 24, 2024. Ceridian has completed 11 acquisitions, including Adam HCM, Ascender HCM and Clearview Logix. Ceridian operates in a competitive market with competitors including Workday, SuccessFactors, Kronos, Justworks and Sage Group, among others.
- Headquarter Minneapolis, United States
- Employees 608 as on 24 Mar, 2024
- Stage Public
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Dayforce India Private Limited
- Date of Incorporation 05 Dec, 2014
- Jurisdiction Bangaluru, Karnataka, India
-
Annual Revenue
$15.19 M (USD)36as on Mar 31, 2023
-
Net Profit
$-2.49 M (USD)18.51as on Mar 31, 2023
-
EBITDA
$-2.17 M (USD)-63.26as on Mar 31, 2023
-
Total Equity Funding
$150 M (USD)
in 3 rounds
-
Latest Funding Round
$455.4 M (USD), Post-IPO
Nov 01, 2018
-
Investors
Fidelity National Financial
& 2 more
-
Employee Count
608
as on Mar 24, 2024
-
Investments & Acquisitions
Adam HCM
& 10 more
-
Acquired by
Fidelity National Financial
(Nov 09, 2007)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Leadership Team
181 people
Software Development Team
143 people
Product Management Team
114 people
Sales and Marketing
92 people
Senior Team
50 people
Operations Team
39 people
Human Resources and Administration
36 people
Principal Team
27 people
Unlock access to complete
Funding Insights of Ceridian
Ceridian has successfully raised a total of $150M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $455.4 million completed in November 2018. 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 Post-IPO — $455.4M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Post-IPO - Ceridian | Valuation |
investors |
|
| Apr, 2016 | Amount | Private Equity Round - Ceridian | Valuation | Thomas H Lee Partners , Fidelity National Financial |
|
| Jun, 2007 | Amount | Private Equity Round - Ceridian | Valuation |
investors |
| 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 Ceridian
Ceridian has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity National Financial, Ares Management and Thomas H Lee Partners. 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 |
|---|---|---|---|---|
|
Private equity investments are directed toward traditional industries.
|
Founded Year | Domain | Location | |
|
Alternative asset investment management firm
|
Founded Year | Domain | Location | |
|
Financial institution offering insurance & transaction services
|
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 Ceridian
Ceridian has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Adam HCM, Ascender HCM and Clearview Logix. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
The official TrueWallet game website is operated by Versult Group.
|
2022 | ||||
|
End-to-end HR services are provided to businesses nationwide.
|
2020 | ||||
|
Workforce management and payroll services are provided.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Ceridian
| 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 |
Ceridian Comparisons
Competitors of Ceridian
Ceridian 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 Workday, SuccessFactors, Kronos, Justworks and Sage Group, 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 financial software is delivered to enterprises.
|
|
| domain | founded_year | HQ Location |
Cloud-based human capital management software is delivered globally.
|
|
| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
|
|
| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
|
|
| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
|
| 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 Ceridian
Frequently Asked Questions about Ceridian
When was Ceridian founded?
Ceridian was founded in 1992 and raised its 1st funding round 15 years after it was founded.
Where is Ceridian located?
Ceridian is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Ceridian a funded company?
Ceridian is a funded company, having raised a total of $150M across 3 funding rounds to date.
How many employees does Ceridian have?
As of Mar 24, 2024, the latest employee count at Ceridian is 608.
What is the annual revenue of Ceridian?
Annual revenue of Ceridian is $15.19M as on Mar 31, 2023.
What does Ceridian do?
Ceridian was founded in 1992 and is based in Minneapolis, United States. Cloud-based human capital management software is offered by the company within the HCM sector. Dayforce serves as the primary solution for enterprises, encompassing payroll management, workforce management, talent management, and HR analytics. Further capabilities are included for benefits management, time and attendance tracking, and learning management to support operational needs.
Who are the top competitors of Ceridian?
Ceridian's top competitors include Workday, SuccessFactors and Sage Group.
How many acquisitions has Ceridian made?
Ceridian has made 11 acquisitions, including Adam HCM, Ascender HCM, and Clearview Logix.
Who are Ceridian's investors?
Ceridian has 3 investors. Key investors include Fidelity National Financial, Ares Management, and Thomas H Lee Partners.