About HROi
HROi is a Business Services company based in Lawrenceville (United States) founded in 2001, and was acquired by Paychex in August 2017. HR outsourcing services are provided to businesses by HROi. 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
HROi was founded in 2001 and is based in Lawrenceville, United States. HR outsourcing services are delivered to support client operations in human resources management. The company functions as a provider in the outsourcing sector, handling various administrative and compliance tasks. Access to these services is facilitated through the domain hroi.com. Geographic focus remains on the United States market.
Funding Insights of HROi
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of HROi 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 |
|---|---|---|---|---|---|
| Mar 2015 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in HROi
HROi has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Paychex and Clarion Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Clarion Capital Partners is engaged in private equity and credit investments. | clarion-capital.com | New York, United States | ||
Cloud-based HRMS solutions are delivered for payroll and employee management. | 1971 | paychex.com | New York, United States |
Investor details for HROi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of HROi
3 dated milestones of HROi across 16 years, from founding to its latest funding, stage changes and deals.
- Founded HROi is founded.
- Funding First funding round.
- Exit Acquired by Paychex.
Competitors of HROi
HROi 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 HROi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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 HROi (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 HROi
HROi was founded in 2001 and raised its 1st funding round 14 years after it was founded.
HROi is headquartered in Lawrenceville, United States.
HROi was founded in 2001 and is based in Lawrenceville, United States. HR outsourcing services are delivered to support client operations in human resources management. The company functions as a provider in the outsourcing sector, handling various administrative and compliance tasks. Access to these services is facilitated through the domain hroi.com. Geographic focus remains on the United States market.
HROi has 2 investors. Key investors include Paychex, and Clarion Capital Partners.
Yes. HROi was acquired by Paychex in August 2017.