Kronos

Lowell, United States Founded: 1977 • Age: 49 yrs Acquired By Hellman & Friedman
HCM software solutions for enterprise workforce management are provided.

About Kronos

Kronos is a Technology company based in Lowell (United States) founded in 1977, and was acquired by Hellman & Friedman in March 2007. HCM software solutions for enterprise workforce management are provided. 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. Its website kronos.com draws about 243 thousand monthly visits. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its competitors include Workday, Paylocity and Ceridian; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Lowell, United States
  • Stage Acquired
  • Sectors
    Technology
  • Website category Business and Consumer Services · Business Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website kronos.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Hellman & Friedman (Mar 2007)
Key Metrics
  • Total Equity Funding
    $855M (USD)

    in 2 rounds

  • Latest Funding Round
    $105M (USD), Private Equity Round

    Jul 2019

  • Investors
    Blackstone

    & 3 more

  • Investments & Acquisitions
    AD OPT

    & 12 more

  • Acquired by

Apps and channels of Kronos

Kronos publishes 1 mobile app with over 5M+ downloads; its YouTube channel UKG has 5.34K subscribers and 10 videos.

UKG Workforce Central
Google Play Business Everyone Free 5M+ downloads
Developer: UKG, Inc.
View on Google Play
UKG
YouTube 5.34K subscribers 10 videos Howto & Style
Open channel

Videos from Kronos

The most watched videos on Kronos's YouTube channel, UKG (5.34K subscribers). Click a video to play it here.

Work Works When It Works For Everyone
1.1M views
Work works when you know how to find and keep the right talent​
189.8K views
Work Works When It Works For Everyone​
50K views
A Leader Reborn
44.9K views

More on UKG.

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 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 $855M
  • Total Rounds 2
  • Last Round Private Equity Round — $105M
  • First Round $750M

    (Feb 2014)

  • Investors Count 2

All 2 funding rounds of Kronos with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2019$105MPrivate Equity Round––
–
Feb 2014$750MPrivate Equity Round–Blackstone, GIC
–
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Diversified investment management is provided across multiple asset classes.
1985blackstone.comNew York, United States
Private equity firm focused on acquisitions
hf.comSan Francisco, United States
Private equity firm investing in software companies
jmi.comBaltimore, United States
General reinsurance services are provided by GIC Re in India.
1972gicre.inMumbai, India
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Investor details for Kronos

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Board of directors of Kronos

The boards of the 2 registered companies of Kronos currently have 5 directors; the longest-serving is Bimal Chandra Nayak, appointed in 2018. 31 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Bimal Chandra Nayak
DIN 07403467
Whole-time director28 Dec 20187 yrs 10 moKronos Solutions India Private Limited, Kronos Systems India Private Limited
Elizabeth Morehead Mc Carron
DIN 09684560
Director25 Jul 20224 yrs 3 moKronos Solutions India Private Limited, Kronos Systems India Private Limited
Nitin Chandel
DIN 08135115
Managing Director20 Dec 20241 yr 10 moKronos Solutions India Private Limited, Kronos Systems India Private Limited
Stacyann Marie Smith
DIN 11149102
Additional Director11 Jun 20251 yr 4 moKronos Solutions India Private Limited, Kronos Systems India Private Limited
Graham Taylor
DIN 11374333
Additional Director08 Nov 202511 moKronos Solutions India Private Limited, Kronos Systems India Private Limited

People of Kronos

770 people are tracked at Kronos (250 in leadership, 520 in team).

NameRoleGroup
Grace M.
DirectorLeadership
Janet Marotta
Senior Director Corporate ApplicationsLeadership
Adam Berry
Vp, Deputy General CounselLeadership
Matt Hammack
Director Strategic AlliancesLeadership
Bob DelPonte
Executive Vice President and Chief Customer Experience OfficerLeadership
John Woolley
Director Performance EngineeringLeadership
Richard Lopez
Diverse Partner Program ManagerLeadership
Ahmed Elshrif
Sales Director, Middle EastLeadership
Isabel Romero
Project Coordinator - Benefits Administration Partner Support ServicesLeadership
Scott Niblock
Vice President Of SalesLeadership
Ryan Coft
Sales Director, Western Canada (enterprise)Leadership
Nicolas Fournet
Director - Global Marketing InsightsLeadership
Kristen Collins Dever
VP Sales, SoutheastLeadership
Erin Fish
Director CompensationLeadership
Jim Joudrey
Chief Technology OfficerLeadership
Patrick Morris
Director, Trust And Funding OperationsLeadership
Prakash Kota
Chief Information OfficerLeadership
Rachel Favorite
Strategic Programs, Office Of The CMOLeadership
Venkat Venkataraman
VP Of EngineeringLeadership
Deshawn Hearn
Vice President OperationsLeadership

750 more people are available in the full profile.

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Complete people profiles for Kronos

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Financials of Kronos

Figures of Kronos Solutions India Private Limited, the primary company behind Kronos, for FY 2025. Revenue was ₹1,201 Cr (+25% year on year). Net profit was ₹112 Cr (9% margin). EBITDA was ₹203 Cr (17% margin). Revenue has grown at a compounded annual rate of +25% over three years and +25% over five years.

  • ₹1,201 CrRevenue · FY 2025 · +25% YoY
  • ₹112 CrNet profit · 9% margin
  • ₹203 CrEBITDA · 17% margin
  • ₹82.2 LakhPaid-up capital
  • 2,503Employees (provident fund records)
  • +25%Revenue CAGR, 3 years
  • +25%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Kronos Solutions India Private Limited are on its company page.

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Detailed financial statements for Kronos

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
HRMS solutions are offered to small and medium enterprises.
optimumhris.comNashville, United States2015Oct 2019••••
Cloud-based HR and payroll solutions are offered for SMBs.
advancedpayroll.comLouisville, United States1991Apr 2018••••
Cloud-based contingent workforce management is provided for financial institutions.
fmsi.comAlpharetta, United States1990Jan 2017••••
Workforce management services and timesheet tools are provided for employers.
datamaticsinc.comBranchburg, United States1966Oct 2016••••
Staff scheduling software is automated for public service and healthcare.
emlogis.comHouston, United States2004Jun 2016••••
HR HCM, Workforce Management & Payroll
empowersoftware.comOrlando, United States2007Jan 2016••••
Serves as a provider of workforce solutions.
saashr.comBranchburg, United States2002Mar 2012••••
Contingent workforce scheduling is managed via an online platform.
pdsi-software.comIrvine, United States2011May 2011••••
Workforce management solutions are provided for enterprises across industries.
stromberg.comLake Mary, United States1989Oct 2009••••
Workforce management software provider
captorgroup.comAsse, Belgium1987Jun 2007••••
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Complete acquisition details for Kronos

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of Kronos

14 dated milestones of Kronos across 42 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kronos is founded.
  2. Exit Acquired by Hellman & Friedman.
  3. Acquisition Acquires Captor Group.
  4. Acquisition Acquires Strommberg.
  5. Acquisition Acquires Principal Decision Systems International.
  6. Acquisition Acquires SaaShr.
  7. Funding First funding round of $750.0M.
  8. Acquisition Acquires Empower Software.
  9. Acquisition Acquires EmLogis.
  10. Acquisition Acquires Datamatics Inc.
  11. Acquisition Acquires FMSI.
  12. Acquisition Acquires Advanced Payroll.
  13. Funding Latest funding round, Private Equity Round, of $105.0M.
  14. Acquisition Acquires Optimum HRIS.

Competitors of Kronos

Kronos has 3 listed competitors in our database, 3 of them funded. They include Workday, Paylocity and Ceridian.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
workday.com2005Pleasanton, United States$352.3M11,805
Cloud-based HR and financial software is delivered to enterprises.
paylocity.com1997Arlington Heights, United States$37.28M4,150
Cloud-based payroll and HR solutions are provided for businesses.
ceridian.com1992Minneapolis, United States$150M1
Cloud-based human capital management software is provided for enterprises.
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Detailed competitors of Kronos

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Kronos

The website of Kronos (kronos.com) receives about 242.6K visits a month and ranks #175,437 among all websites worldwide, #4,743 in Business Services.

  • Monthly visits
    242.6K

    ▲ 8.2% vs previous month

  • Unique visitors
    61.2K

    per month

  • Global rank
    #175,437

    among all websites

  • Category rank
    #4,743

    Business and Consumer Services · Business Services

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ukg.com
100%
1.5M#42,768View details
workforceinstitute.org
workforceinstitute.org
94%
–
replicon.com
83%
1.2M#39,742View details
ctrsystems.com
ctrsystems.com
80%
–
redcort.com
77%
#101,114View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 15 similar websites and full traffic analytics for Kronos

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  • 15 similar websites
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Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Kronos (HR & Workforce Technology) in United States, 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 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Kronos

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Frequently Asked Questions about Kronos

Kronos was founded in 1977 and raised its 1st funding round 37 years after it was founded.

Kronos is headquartered in Lowell, United States. It is registered at Lowell, Massachusetts, United States.

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 2014.

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.

Kronos's top competitors include Workday, Paylocity and Ceridian.

Kronos has made 13 acquisitions, including AD OPT, Advanced Payroll, and Captor Group.

Kronos has 4 investors. Key investors include Blackstone, GIC Re, Hellman & Friedman, and JMI Management.

Kronos is associated with 2 legal entities: Kronos Solutions India Private Limited, Kronos Systems India Private Limited.

Yes. Kronos was acquired by Hellman & Friedman in March 2007.

The legal entities of Kronos currently have 5 directors, including Bimal Chandra Nayak, Elizabeth Morehead Mc Carron, Nitin Chandel and others.

Yes. Kronos publishes UKG Workforce Central, with over 5 million downloads.

The website of Kronos receives about 243 thousand visits a month and ranks #175,437 among all websites worldwide.

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