Optimum HRIS

Nashville, United States Founded: 2015 • Age: 11 yrs Acquired By Kronos
HRMS solutions are offered to small and medium enterprises.
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About Optimum HRIS

Optimum HRIS is a company based in Nashville (United States) founded in 2015 was acquired by Kronos in October 2019.. Optimum HRIS operates in a competitive market with competitors including Gusto, Justworks, Paycor, Paychex and ADP, among others.

  • Headquarter Nashville, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Kronos

    (Oct 02, 2019)

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Funding Insights of Optimum HRIS

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 Optimum HRIS

Optimum HRIS has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kronos. 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.

All
Institutional
Investor Description Founded Year Domain Location
HCM software solutions for enterprise workforce management are provided.
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 Optimum HRIS

Investments
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

Financial Statements - Optimum HRIS

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Optimum Hris Comparisons

Employees
+
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Competitors of Optimum HRIS

Optimum HRIS 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 Gusto, Justworks, Paycor, Paychex and ADP, 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 payroll solutions are offered for small businesses.
domain founded_year HQ Location
Benefits administration and payroll management are provided for businesses.
domain founded_year HQ Location
Cloud-based HRMS platform is provided for small and medium-sized businesses.
domain founded_year HQ Location
Cloud-based HRMS solutions are delivered for payroll and employee management.
domain founded_year HQ Location
Cloud-based HR management solutions are offered for payroll and compliance.
domain founded_year HQ Location
Real-time access to earned wages is provided fee-free.
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 Optimum Hris

Global HR player buys local software company
Nashvillepost6 years ago
Karmak, Optimum HRIS announce integration
Truckpartsandservice6 years ago

Frequently Asked Questions about Optimum HRIS

When was Optimum HRIS founded?

Optimum HRIS was founded in 2015.

Where is Optimum HRIS located?

Optimum HRIS is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.

What does Optimum HRIS do?

Optimum HRIS was established in 2015 and is headquartered in Nashville, United States. HR management system solutions are provided to small and medium-sized businesses, focusing on payroll management with compliance features, employee records, applicant tracking, self-service portals, and time and attendance tracking including leave workflows. Both on-premise and cloud-based deployments are supported.

Who are the top competitors of Optimum HRIS?

Optimum HRIS's top competitors include Gusto, Paycor and Personio.

Who are Optimum HRIS's investors?

Optimum HRIS has 1 investor. Key investors include Kronos.

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