HRsoft

Maitland, United States Founded: 1996 • Age: 30 yrs Acquired
Cloud-based compensation management software is offered for businesses.

About HRsoft

HRsoft is a Technology company based in Maitland (United States) founded in 1996. It operates as a cloud-based compensation management software is offered for businesses. HRsoft has raised $1.25 million across 4 funding rounds from investors including Rittenhouse Ventures, Bellwether Financial Group and The Riverside Company. HRsoft has completed 1 acquisition, including CompTrak. Its website hrsoft.com draws about 45 thousand monthly visits. HRsoft offers products and services including Total Compensation Management, Pay for Performance, Long Term Incentive Management, and Sales Commission Software. Its focus areas include Enterprise Applications, HRTech, Payroll Management and Compensation Planning. Its legal entity is HR SOFT USA. Its competitors include Gusto, Justworks, Earnin, Paylocity and Payflow and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

HRsoft was founded in 1996 and is headquartered in Maitland, United States. Operations focus on the human resources technology sector, where cloud-based tools for compensation planning are developed. CompView is employed to oversee and manage compensation processes, while RewardView functions as a portal for employee rewards and engagement. Services are utilized by clients including Gannett, Microsemi, and MedStar Health across various industries.

  • Headquarters Maitland, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website hrsoft.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Hr Soft Usa
Key Metrics

Products & Services of HRsoft

HRsoft offers a comprehensive portfolio of products and services, including Total Compensation Management, Pay for Performance, Long Term Incentive Management, and Sales Commission Software.

Total Compensation Management
HR Software

Manages salary, bonuses, and allocations for employee compensation.

Pay for Performance
Performance Management

Facilitates goal-setting and performance tracking for incentives.

Long Term Incentive Management
Incentive Software

Handles awards and deferred compensation lifecycle tracking.

Sales Commission Software
Commission Management

Automates precision and transparency in sales commissions.

Apps and channels of HRsoft

its YouTube channel HRSoft has 235 subscribers and 30 videos.

HRSoft
YouTube 235 subscribers 30 videos Science & Technology
Open channel

Videos from HRsoft

The most watched videos on HRsoft's YouTube channel, HRSoft (235 subscribers). Click a video to play it here.

Solve Compensation Chaos with HRSoft
640 views
How USI Insurance Services realized a 2x ROI using HRSoft
226 views
How HRSoft maximized Compensation Management for this customer
210 views
How DaVita calibrates rewards and proactively plans compensation increases using HRSoft
207 views

More on HRSoft.

Funding Insights of HRsoft

HRsoft has successfully raised a total of $1.25M across 4 strategic funding rounds. 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 $1.25M
  • Total Rounds 4
  • First Round $250,000

    (Nov 2013)

  • Investors Count 3

All 4 funding rounds of HRsoft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2022–Unspecified––
Dec 2019$1MSeries A––
Oct 2014–Unspecified––
Nov 2013$250,000Unspecified––
–
Valuation history

3 investors in total: 3 institutional.

Investors in HRsoft

HRsoft has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Rittenhouse Ventures, Bellwether Financial Group and The Riverside Company.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
-
–rittenhouseventures.com-
Bellwether Financial Group is focused on investment in dynamic companies.
1997bellwetherfinancialgroup.comNewport Beach, United States
Private equity and debt are provided to middle market companies.
–riversidecompany.com-
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Investor details for HRsoft

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People of HRsoft

1 people are tracked at HRsoft (1 in leadership).

NameRoleGroup
Greg L
Area Vice PresidentLeadership
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Investments & Acquisitions by HRsoft

HRsoft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CompTrak.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Compensation management solution provider
comptrak.comToronto, Canada2012Jun 2023β€’β€’β€’β€’
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Complete acquisition details for HRsoft

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Timeline of HRsoft

4 dated milestones of HRsoft across 27 years, from founding to its latest funding, stage changes and deals.

  1. Founded HRsoft is founded.
  2. Funding First funding round of $250K.
  3. Funding Latest funding round, Unspecified,.
  4. Acquisition Acquires CompTrak.

Competitors of HRsoft

HRsoft has 10 listed competitors in our database, 9 of them funded. They include Gusto, Justworks, Earnin, Paylocity and Payflow, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gusto.com2012San Francisco, United States$718.35M5,876
Cloud-based HR and payroll solutions are offered for small businesses.
justworks.com2012New York, United States$147.52M55,459
Benefits administration and payroll management are provided for businesses.
earnin.com2012Palo Alto, United States$190.1M242
Real-time access to earned wages is provided fee-free.
paylocity.com1997Arlington Heights, United States$37.28M4,150
Cloud-based payroll and HR solutions are provided for businesses.
payflow.es2020Alcobendas, Spain$58.23M–
Payflow is recognized as a financial wellness application for employees.
zenefits.com2013Tempe, United States$598.27M242
Cloud-based HR and payroll management solutions are offered.
papayaglobal.com2016New York, United States$438M–
Cloud-based payroll management solutions are offered for businesses.
ultimatesoftware.com1990Weston, United States–10,754
Cloud-based payroll and talent management software is offered to businesses.
pagarbook.com2018Bengaluru, India$24.84M456
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
pave.com2012San Francisco, United States$175M132
Cloud-based payroll management is enabled for compensation planning and benchmarking.
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Detailed competitors of HRsoft

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Verified entity values are shown only after access is granted.

Web traffic of HRsoft

The website of HRsoft (hrsoft.com) receives about 44.6K visits a month.

  • Monthly visits
    44.6K

    ▲ 87.9% vs previous month

Similar websites

Websites whose visitors overlap most with HRsoft. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
brassring.com
100%
5.6M#9,809View details
workday.com
100%
5.8M#10,610View details
maxhire.net
maxhire.net
66%
–––
trinet.com
66%
1.5M#39,226View details
ercdataplus.com
ercdataplus.com
66%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for HRsoft

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Top companies in HR & Workforce Technology

10 companies that operate in the same segment as HRsoft (HR & Workforce Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M––
Cloud-based LMS platform for IT industry
2004Farmington, United StatesUSD 235.41 MUSD 4.95 M260
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M––
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B20,400
Businesses are connected with freelancers via an online marketplace.
1999San Francisco, California, United StatesUSD 140 MUSD 787.78 M600
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 508.73 M––
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Cloud-based HRMS software is offered for small and medium-sized businesses.
2016Barcelona, Catalonia, SpainUSD 369.25 M––
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Related news about Hrsoft

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Complete news archive for HRsoft

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Frequently Asked Questions about HRsoft

HRsoft was founded in 1996 and raised its 1st funding round 17 years after it was founded.

HRsoft is headquartered in Maitland, United States. It is registered at Maitland, Florida, United States.

HRsoft is a funded company, having raised a total of $1.25M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $250K, raised on Nov 2013.

HRsoft was founded in 1996 and is headquartered in Maitland, United States. Operations focus on the human resources technology sector, where cloud-based tools for compensation planning are developed. CompView is employed to oversee and manage compensation processes, while RewardView functions as a portal for employee rewards and engagement. Services are utilized by clients including Gannett, Microsemi, and MedStar Health across various industries.

HRsoft's top competitors include Payflow, Gusto and Earnin.

HRsoft offers Total Compensation Management, Pay for Performance, Long Term Incentive Management, and Sales Commission Software.

HRsoft has made 1 acquisition, including CompTrak.

HRsoft has 3 investors. Key investors include Rittenhouse Ventures, Bellwether Financial Group, and The Riverside Company.

HRsoft operates through Hr Soft Usa.

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