Kronos

Lowell, United States Founded: 1977 • Age: 49 yrs Acquired By Hellman & Friedman
HCM software solutions for enterprise workforce management are provided.
Annual revenue - Latest available
Total funding $855.0M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
  • Investments & Acquisitions
    AD OPT

    & 12 more

  • Acquired by
    Hellman & Friedman

    (Mar 23, 2007)

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People of Kronos

Headcount 10000+
Employee Profiles 770
Employee Profiles
People
Russell Holm Jr
Strategic Development Manager
People
Sammy Watkins
Manager, Sales Operations
People
Brittany Hosak
Enterprise, Customer Account Management | Services & Distribution
People
Thomas Keelan
Manager, Sales Finance

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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.

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
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Locked Locked Locked
Private equity firm focused on acquisitions
Locked Locked Locked
Private equity firm investing in software companies
Locked Locked Locked
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Investor details for Kronos

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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.

Investments
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Investment portfolio details for Kronos

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Acquisitions
Company Name Description Domain Location Founded Year Amount
HRMS solutions are offered to small and medium enterprises.
Locked Locked 2015 Locked
Contingent workforce scheduling is managed via an online platform.
Locked Locked 2011 Locked
HR HCM, Workforce Management & Payroll
Locked Locked 2007 Locked
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Complete acquisition details for Kronos

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Kronos

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Detailed financials for Kronos

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Kronos Comparisons

Kronos Primary company
Description
HCM software solutions for enterprise workforce management a...
Location
Lowell, United States
Founded Year
1977
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Kronos

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based HR and financial software is delivered to enterprises.
Locked Locked Locked
Cloud-based human resource management software is offered.
Locked Locked Locked
Cloud-based payroll and HR solutions are provided for businesses.
Locked Locked Locked
Cloud-based human capital management software is provided for enterprises.
Locked Locked Locked
Human capital management platform is provided for HR process automation.
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Detailed competitors of Kronos

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Latest news on Kronos

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Complete news archive for 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.

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, SuccessFactors and GreytHR.

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.

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