About Gevity HR
Gevity HR is a Business Services company based in Bradenton (United States) founded in 1993, and was acquired by TriNet in March 2009. Provider of HR outsourcing and support services to small and medium businesses. Its focus areas include HR Services and End to End Services. Its competitors include ADP, UKG and Bullhorn; 1 of its 3 listed competitors has raised funding.
Company details
Gevity HR was established in 1993 and is headquartered in Bradenton, United States. Human resources outsourcing and support services are delivered to small and medium-sized businesses, covering areas such as payroll processing, benefits administration, compliance management, and employee relations. The company operates within the professional services sector, with a focus on streamlining HR functions for clients across various industries in the United States.
- Headquarters Bradenton, United States
- Stage Acquired
- SectorsBusiness Services
- Website gevityhr.com
- Acquired by TriNet (Mar 2009)
Funding Insights of Gevity HR
- Total Rounds 1
- Investors Count 3
All 1 funding rounds of Gevity HR 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 |
|---|---|---|---|---|---|
| Jun 2003 | Private Equity Round | – | – |
4 investors in total: 4 institutional.
Investors in Gevity HR
Gevity HR has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include TriNet, Frontenac and Adams Street Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Frontenac is engaged in private equity investments for middle-market companies. | 1971 | frontenac.com | Chicago, United States | |
Private markets investment management with strategies in equity, credit, and secondary investments. | adamsstreetpartners.com | |||
Truist is recognized as a provider of commercial and investment banking services. | suntrustrh.com | Charlotte, United States | ||
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | trinet.com | Dublin, United States |
Investor details for Gevity HR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Gevity HR
3 dated milestones of Gevity HR across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Gevity HR is founded.
- Funding First funding round.
- Exit Acquired by TriNet.
Competitors of Gevity HR
Gevity HR has 3 listed competitors in our database, 1 of them funded. They include ADP, UKG and Bullhorn.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adp.com | 1949 | Roseland, United States | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | ||
| ukg.com | 1977 | Weston, United States | Provider of HR and payroll & workforce management solutions | |||
| bullhorn.com | 1999 | Boston, United States | $26M | 876 | Cloud-based ATS and CRM systems are offered for staffing agencies. |
Detailed competitors of Gevity HR
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Top companies in Human Resource & Staffing Services
3 companies that operate in the same segment as Gevity HR (Human Resource & Staffing Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | |||
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | USD 13.95 B | 70,000 |
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Frequently Asked Questions about Gevity HR
Gevity HR was founded in 1993 and raised its 1st funding round 10 years after it was founded.
Gevity HR is headquartered in Bradenton, United States. It is registered at Bradenton, Florida, United States.
Gevity HR was established in 1993 and is headquartered in Bradenton, United States. Human resources outsourcing and support services are delivered to small and medium-sized businesses, covering areas such as payroll processing, benefits administration, compliance management, and employee relations. The company operates within the professional services sector, with a focus on streamlining HR functions for clients across various industries in the United States.
Gevity HR has 4 investors. Key investors include TriNet, Frontenac, Adams Street Partners, and Truist.
Yes. Gevity HR was acquired by TriNet in March 2009.