About Justworks
Justworks is a company based in New York (United States) founded in 2012 by Isaac Oates. Justworks has raised $147.52 million across 7 funding rounds from investors including Bain Capital, FirstMark and Union Square Ventures. Justworks has completed 2 acquisitions, including Boomr and Via. Justworks operates in a competitive market with competitors including Workday, Gusto, Kronos, Payflow and Konfío, among others.
- Headquarter New York, United States
- Founders Isaac Oates
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Sectors
HealthcareFinancial Services Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Justworks Employment Group, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$147.52 M (USD)
in 7 rounds
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Latest Funding Round
$50 M (USD), Series E
Jan 28, 2020
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Investors
Bain Capital
& 8 more
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Employee Count
Not available
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Investments & Acquisitions
Boomr
& 1 more
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People of Justworks
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Funding Insights of Justworks
Justworks has successfully raised a total of $147.52M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $50 million completed in January 2020. 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.
Investors in Justworks
Justworks has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Bain Capital, FirstMark and Union Square Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Locked | Locked | Locked | |
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Venture capital fund focused on investing in multiple sectors
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Locked | Locked | Locked | |
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Venture capital investments in technology startups and entrepreneurs.
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Locked | Locked | Locked |
Investor details for Justworks
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Investments & Acquisitions by Justworks
Justworks has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Boomr and Via.
Investment portfolio details for Justworks
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Recruitment services are provided by Via to businesses and professionals.
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Locked | Locked | 2016 | Locked | |
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Cloud-based time tracking and attendance management for businesses is provided.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Justworks
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Financial Statements - Justworks
Detailed financials for Justworks
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- Profit trends
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Justworks Comparisons
Peer comparison for Justworks
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Competitors of Justworks
Justworks 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, Gusto, Kronos, Payflow and Konfío, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Cloud-based HR and financial software is delivered to enterprises.
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| Locked | Locked | Locked |
Cloud-based HR and payroll solutions are offered for small businesses.
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| Locked | Locked | Locked |
HCM software solutions for enterprise workforce management are provided.
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| Locked | Locked | Locked |
Payflow is recognized as a financial wellness application for employees.
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| Locked | Locked | Locked |
Financial solutions platform provider
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| Locked | Locked | Locked |
Cloud-based human resource management software is offered.
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Detailed competitors of Justworks
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Latest news on Justworks
Complete news archive for Justworks
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Frequently Asked Questions about Justworks
Justworks was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Justworks is headquartered in New York, United States. It is registered at New York, New York, United States.
Michael Seckler is the current CEO of Justworks.
Justworks is a funded company, having raised a total of $147.52M across 7 funding rounds to date.
Justworks was founded in 2012 in New York, United States, within the HR technology sector. Payroll processing and benefits administration are managed for small to medium-sized businesses. Services encompass health, dental, and vision insurance options, along with employee compliance tracking, onboarding processes, vendor and contractor payments, and HR consulting support. Operations focus on streamlining administrative tasks across the United States.
Justworks has 9 investors. Key investors include Bain Capital, FirstMark, Union Square Ventures, Bain Capital Ventures, and Index Ventures.