About Evolution HCM
Evolution HCM is a company based in Austin (United States) founded in 1999 was acquired by Asure Software in May 2017. Evolution HCM operates in a competitive market with competitors including Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
- Headquarter Austin, United States
- SectorsTechnology
- Email••••••••
- Website evolutionhcm.com
- Social LinkedIn X
- Acquired by Asure Software (May 2017)
- InvestorsAsure Software
& 1 more
- Acquired by
Investors in Evolution HCM
Evolution HCM has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Asure Software and Silver Oak.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A private equity firm focused on lower middle market services. | – | silveroaksp.com | Evanston, United States | |
Cloud-based HR management tools for payroll and compliance are offered. | 1985 | asuresoftware.com | Austin, United States |
Investor details for Evolution HCM
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Timeline of Evolution HCM
3 dated milestones of Evolution HCM across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Evolution HCM is founded.
- Exit Acquired by Silver Oak Services Partners.
- Exit Acquired by Asure Software.
Competitors of Evolution HCM
Evolution HCM 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, Kronos, SuccessFactors, Justworks and Sage Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| kronos.com | 1977 | Lowell, United States | $855M | 86 | HCM software solutions for enterprise workforce management are provided. | |
| successfactors.com | 2001 | San Francisco, United States | $79.84M | 18,910 | Cloud-based human capital management software is delivered globally. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| paylocity.com | 1997 | Arlington Heights, United States | $37.28M | 4,150 | Cloud-based payroll and HR solutions are provided for businesses. | |
| peoplestrong.com | 2005 | Gurugram, India | $30.68M | 998 | Cloud-based human resource management software is offered. | |
| ceridian.com | 1992 | Minneapolis, United States | $150M | 1 | Cloud-based human capital management software is provided for enterprises. | |
| zenefits.com | 2013 | Tempe, United States | $598.27M | 242 | Cloud-based HR and payroll management solutions are offered. |
Detailed competitors of Evolution HCM
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Similar companies to Evolution HCM
10 companies that operate in the same segment as Evolution HCM (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Evolution HCM
Evolution HCM was founded in 1999.
Evolution HCM is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Evolution HCM was founded in 1999 in Austin, United States, within the HR software sector. Online integrated solutions for HR, payroll, and tax management are provided through four modules: Evolution HCM, Evolution Advanced HR, Evolution Payroll, and Evolution Analytics. Services encompass applicant tracking, new hire onboarding, HR administration, employee and manager portals, leave management, analytics, ACA reporting, backup, and hosting. Operations focus on streamlined HR processes for businesses.
Evolution HCM's top competitors include Workday, SuccessFactors and Sage Group.
Evolution HCM has 2 investors. Key investors include Asure Software, and Silver Oak.
Yes. Evolution HCM was acquired by Asure Software in May 2017.