About Paychex HR
Paychex HR is a company based in West Palm Beach (United States) founded in 1996 was acquired by Paychex in December 2018. It operates as a SaaS (Software-as-a-Service) and Managed Services. Paychex HR has raised $3 million across 4 funding rounds from investors including Paychex, Kelso & Company and PGIM Private Capital. Paychex HR has completed 5 acquisitions, including Advantec HR, Aureon and Doherty Employment. Paychex HR offers products and services including Payroll Services, Human Resources, Professional Employer Organization (PEO), Time & Attendance, and Employee Benefits. Paychex HR operates in a competitive market with competitors including ADP, UKG, Randstad, Bullhorn and Insperity, among others.
- Headquarter West Palm Beach, United States
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Sectors
Business Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Paychex Inc.
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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
$3 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Paychex
& 4 more
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Employee Count
Not available
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Investments & Acquisitions
Advantec HR
& 4 more
- Acquired by
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Products & Services of Paychex HR
Paychex HR offers a comprehensive portfolio of products and services, including Payroll Services, Human Resources, Professional Employer Organization (PEO), Time & Attendance, and Employee Benefits.
Employees are paid efficiently through streamlined payroll processes.
HR and compliance guidance is provided to businesses.
Comprehensive HR outsourcing is offered for business support.
Time tracking solutions are provided to prevent errors.
Benefits management is simplified through an integrated platform.
People of Paychex HR
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Sales and Marketing
135 people
Software Development Team
65 people
Human Resources and Administration
36 people
Product Management Team
29 people
Leadership Team
20 people
Senior Team
16 people
Strategic Team
13 people
Operations Team
11 people
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Funding Insights of Paychex HR
Paychex HR has successfully raised a total of $3M 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.
Investors in Paychex HR
Paychex HR has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Paychex, Kelso & Company and PGIM Private Capital.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors.
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Nautic Partners is engaged in middle market private equity investments.
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Private capital is provided to middle-market companies globally.
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Investor details for Paychex HR
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Investments & Acquisitions by Paychex HR
Paychex HR has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Advantec HR, Aureon and Doherty Employment.
Investment portfolio details for Paychex HR
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Benefits management, payroll processing, and HR consulting services are provided.
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Locked | Locked | 2004 | Locked | |
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Limited information available
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Locked | Locked | 1996 | Locked | |
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Business telecom and contact center services are provided to enterprises.
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Locked | Locked | 1988 | Locked |
Complete acquisition details for Paychex HR
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Financial Statements - Paychex HR
Detailed financials for Paychex HR
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Paychex Hr Comparisons
Peer comparison for Paychex HR
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Competitors of Paychex HR
Paychex HR 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 ADP, UKG, Randstad, Bullhorn and Insperity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HR management solutions are offered for payroll and compliance.
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Provider of HR and payroll & workforce management solutions
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HR consulting, recruitment, and outsourcing services are offered worldwide.
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Cloud-based ATS and CRM systems are offered for staffing agencies.
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HR outsourcing services are provided to businesses by Insperity.
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HR, insurance, and liability services are provided by Alera Group.
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Detailed competitors of Paychex HR
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Latest news on Paychex Hr
Complete news archive for Paychex HR
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Frequently Asked Questions about Paychex HR
Paychex HR was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Paychex HR is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.
Paychex HR is a funded company, having raised a total of $3M across 4 funding rounds to date.
Paychex HR, formerly Oasis, is integrated into Paychex Inc., offering comprehensive human capital management solutions. Services provided include payroll processing, human resources support, and professional employer organization (PEO) solutions. These are tailored for businesses of varying sizes across multiple industries such as healthcare, retail, and manufacturing. Advanced technology and AI-assisted tools are utilized to streamline HR functions, enhance recruiting, and manage employee benefits. Compliance guidance and workforce planning solutions are also offered to mitigate administrative burdens for clients.
Paychex HR's top competitors include Randstad, Alera Group and UKG.
Paychex HR offers Payroll Services, Human Resources, Professional Employer Organization (PEO), Time & Attendance, and Employee Benefits.
Paychex HR has made 5 acquisitions, including Advantec HR, Aureon, and Doherty Employment.
Paychex HR has 5 investors. Key investors include Paychex, Kelso & Company, PGIM Private Capital, Nautic Partners, and H.I.G. Capital.