About Kronos
Kronos is a company based in Lowell (United States) founded in 1977 was acquired by Hellman & Friedman in March 2007.. Kronos has raised $855 million across 2 funding rounds from investors including Blackstone, GIC Re and Hellman & Friedman. Kronos has completed 13 acquisitions, including AD OPT, Advanced Payroll and Captor Group. Kronos operates in a competitive market with competitors including Workday, People Strong, Paylocity, Ceridian and Darwinbox, among others.
- Headquarter Lowell, United States
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$855 M (USD)
in 2 rounds
-
Latest Funding Round
$105 M (USD), Private Equity Round
Jul 18, 2019
-
Investors
Blackstone
& 3 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
AD OPT
& 12 more
-
Acquired by
Hellman & Friedman
(Mar 23, 2007)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Software Development Team
199 people
Sales and Marketing
123 people
Leadership Team
114 people
Product Management Team
90 people
Lead Team
26 people
Senior Team
25 people
Human Resources and Administration
22 people
Finance and Accounting
21 people
Unlock access to complete
Funding Insights of Kronos
Kronos has successfully raised a total of $855M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $105 million completed in July 2019. 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 Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $105.0M
-
First Round
First Round
(20 Feb 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Private Equity Round - Kronos | Valuation |
investors |
|
| Feb, 2014 | Amount | Private Equity Round - Kronos | Valuation | Blackstone , GIC |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kronos
Kronos has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone, GIC Re and Hellman & Friedman. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Diversified investment management is provided across multiple asset classes.
|
Founded Year | Domain | Location | |
|
Private equity firm focused on acquisitions
|
Founded Year | Domain | Location | |
|
Private equity firm investing in software companies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Kronos
Kronos has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include AD OPT, Advanced Payroll and Captor Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
HRMS solutions are offered to small and medium enterprises.
|
2015 | ||||
|
Contingent workforce scheduling is managed via an online platform.
|
2011 | ||||
|
HR HCM, Workforce Management & Payroll
|
2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Kronos
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kronos Comparisons
Competitors of Kronos
Kronos 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, People Strong, Paylocity, Ceridian and Darwinbox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
|
|
| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
|
|
| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based human capital management software is provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Human capital management platform is provided for HR process automation.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Kronos
Frequently Asked Questions about Kronos
When was Kronos founded?
Kronos was founded in 1977 and raised its 1st funding round 37 years after it was founded.
Where is Kronos located?
Kronos is headquartered in Lowell, United States. It is registered at Lowell, Massachusetts, United States.
Is Kronos a funded company?
Kronos is a funded company, having raised a total of $855M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $750M, raised on Feb 20, 2014.
What does Kronos do?
Kronos was founded in 1977 and is headquartered in Lowell, United States. HCM software solutions are offered to enterprises in the human capital management sector. Modules cover workforce management, employee benefits administration, onboarding, shift scheduling, time tracking, and data management. Tools for performance analysis, labor forecasting, compliance, and payroll are included. An AI-enabled API is provided for integration with cloud systems to support workforce experience management.
Who are the top competitors of Kronos?
Kronos's top competitors include Workday, SuccessFactors and GreytHR.
How many acquisitions has Kronos made?
Kronos has made 13 acquisitions, including AD OPT, Advanced Payroll, and Captor Group.
Who are Kronos's investors?
Kronos has 4 investors. Key investors include Blackstone, GIC Re, Hellman & Friedman, and JMI Management.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.