About Employment Hero
Employment Hero is a Technology company based in Sydney (Australia) founded in 2014 by Dave Tong and Ben Thompson, and was acquired by KKR in June 2025. End-to-end HR, payroll, and benefits platform is provided. Employment Hero has raised $459.56 million across 8 funding rounds from investors including SEEK, KKR and AMP. The company has 1,884 employees. Employment Hero has completed 2 acquisitions, including Humi HR and Keypay. Employment Hero was last valued at $2.13 billion in October 2023. Its chief executive, as recorded, is Ben Thompson. Its website employmenthero.com draws about 2.1 million monthly visits. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its legal entity is EMPLOYMENT HERO PTY LTD.
Company details
Employment Hero was founded in 2014 in Sydney, Australia, as a provider of a unified HR technology platform. Operations focus on the employee lifecycle, encompassing recruitment, onboarding, payroll processing, benefits administration, compliance management, and performance tracking. Additional features include time and attendance monitoring, employee engagement tools, and learning resources. The platform automates HR tasks and centralizes employee data for mid-sized businesses in the HR software sector.
- Headquarters Sydney, Australia
- Employees 1,884
- Founders Dave Tong, Ben Thompson
- Stage Acquired
- SectorsTechnology
- Website category Finance · Financial Planning and Management
- Phone•••• ••••
- Website employmenthero.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by KKR (Jun 2025)
- Legal Name Employment Hero Pty Ltd
Apps and channels of Employment Hero
Employment Hero publishes 1 mobile app; its YouTube channel Employment Hero has 5.89K subscribers and 30 videos.
Videos from Employment Hero
The most watched videos on Employment Hero's YouTube channel, Employment Hero (5.89K subscribers). Click a video to play it here.
More on Employment Hero.
Funding Insights of Employment Hero
Employment Hero has successfully raised a total of $459.56M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $167.22 million completed in October 2023. 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 $459.56M
- Total Rounds 8
- Last Round Series F — $167.22M
- First Round $4M
(Feb 2015)
- Investors Count 11
All 8 funding rounds of Employment Hero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $167.22M | Series F | – | TCV | |
| Feb 2022 | $129.83M | Series F | $814M | SEEK | |
| Jul 2021 | $102.97M | Series E | $800M | Insight Partners | |
| Mar 2021 | $34.65M | Series D | $••••• | SEEK | |
| Jul 2019 | $15.35M | Series C | – | SEEK | |
| Mar 2018 | $6.16M | Series B | – | One Ventures | |
| Nov 2016 | $3.39M | Series A | – | One Ventures | |
| Feb 2015 | $4M | Debt – Conventional | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $814M | •••••••• |
| Jul 2021 | $800M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of Employment Hero
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $2.13B (Oct 2023). 11 investors in total: 11 institutional.
Investors in Employment Hero
Employment Hero has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include SEEK, KKR and AMP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in global technology companies by TCV. | tcv.com | Menlo Park, United States | ||
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
Investments are directed toward early-stage tech startups by AirTree. | airtree.vc | Surry Hills, Australia | ||
Venture capital firm offering growth equity and credit for technology and healthcare companies. | one-ventures.com.au | |||
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | salesforceventures.com | San Francisco, United States | ||
Private debt loans are extended by this firm to businesses. | pfgrowth.com | Tiburon, United States | ||
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
| seekinvestments.com | ||||
Jobs are matched online with users' skills across multiple industries. | 1997 | seek.com.au | Melbourne, Australia | |
A framework is provided for user-first web experiences. | 2008 | amp.dev | California, United States |
Investor details for Employment Hero
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People of Employment Hero
199 people are tracked at Employment Hero (37 in leadership, 162 in team); the tracked headcount is 1,884.
| Name | Role | Group |
|---|---|---|
Dave Tong | Co-Founder & CPTO | Leadership |
Ben Thompson | Co-Founder & CEO | Leadership |
Chase Gardner | Global Head Of Partnerships | Leadership |
Woonlye Chua | Head Of Fp&a | Leadership |
Clare Bagoly | Head Of Sales Development | Leadership |
Olivia Chaisumdet | Head Of Financial Accounting & Reporting | Leadership |
Phil Bernie | General Manager - Payroll | Leadership |
Nur Atikah Mohd | Referral Partner | Leadership |
Sophie Jensen | ANZ Partner Marketing Manager | Leadership |
Lan Marteene | Senior Partner Experience Consultant | Leadership |
Josh Butler | Head Of Process Optimisation & Automation | Leadership |
Clair Flynn | People & Culture Business Partner | Leadership |
Frank Killalea | Head Of Finance Operations | Leadership |
John Carroll | Head Of Marketing - UK | Leadership |
Charlotte Boffey | Head Of Services, UK | Leadership |
Kevin Fitzgerald | Managing Director - UK | Leadership |
Hugh Krantz | Chief Of Staff - COO | Leadership |
Zara Tonkin | Chief Of Staff | Leadership |
Karyn Xiong | People Business Partner, Canada 🇨🇦 | Leadership |
Nick Martinez | Head Of Channel Partnerships (anz) | Leadership |
179 more people are available in the full profile.
Complete people profiles for Employment Hero
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Employment Hero
Employment Hero has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Humi HR and Keypay.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based HRMS platform is utilized for enterprise HR functions. | humi.ca | Toronto, Canada | 2016 | Jan 2025 | $78.14M | |
Cloud-based payroll and workforce management platform is offered. | keypay.com.au | Sydney, Australia | 2011 | Feb 2022 | •••• |
Complete acquisition details for Employment Hero
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Employment Hero
9 dated milestones of Employment Hero across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Employment Hero is founded.
- Funding First funding round of $4.0M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Soonicorn status.
- Acquisition Acquires Keypay.
- Funding Latest funding round, Series F, of $167.2M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Humi HR.
- Exit Acquired by KKR.
Web traffic of Employment Hero
The website of Employment Hero (employmenthero.com) receives about 2.1M visits a month and ranks #25,278 among all websites worldwide, #1,626 in Financial Planning and Management.
- Monthly visits2.1M
▲ 12.6% vs previous month
- Unique visitors626.2K
per month
- Global rank#25,278
among all websites
- Category rank#1,626
Finance · Financial Planning and Management
- Bounce rate32%
- Pages per visit4.7
- Average visit3 min 51 sec
- DevicesDesktop 65% · Mobile 35%
Websites whose visitors overlap most with Employment Hero. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
paycalculator.com.au | paycalculator.com.au | 100% | #47,588 | – | |
| australiansuper.com | 98% | #26,820 | View details | ||
| aware.com.au | 81% | #57,519 | View details | ||
thesalarycalculator.co.uk | thesalarycalculator.co.uk | 77% | #21,358 | – | |
| clevergirlfinance.com | 77% | 67.9K | #574,691 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Employment Hero
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Related news about Employment Hero
Complete news archive for Employment Hero
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Frequently Asked Questions about Employment Hero
Employment Hero was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Employment Hero is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Ben Thompson is the CEO of Employment Hero, as recorded in our data. They have also founded this company.
Employment Hero is a funded company, having raised a total of $459.56M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $4M, raised on Feb 2015.
Employment Hero has 1,884 employees.
Employment Hero was founded in 2014 in Sydney, Australia, as a provider of a unified HR technology platform. Operations focus on the employee lifecycle, encompassing recruitment, onboarding, payroll processing, benefits administration, compliance management, and performance tracking. Additional features include time and attendance monitoring, employee engagement tools, and learning resources. The platform automates HR tasks and centralizes employee data for mid-sized businesses in the HR software sector.
The valuation of Employment Hero is $2.13B as of Oct 2023.
Employment Hero operates through Employment Hero Pty Ltd.
Yes. Employment Hero was acquired by KKR in June 2025.
Yes. Employment Hero publishes Employment Hero Work.