About Paychex
Paychex is a company based in New York (United States) founded in 1971. The company has 19,000 employees as of May 31, 2024. Paychex has completed 15 acquisitions, including Advance Partners, Alterna Capital Solutions and BeneTrac. Paychex operates in a competitive market with competitors including Gusto, ADP, Paycor, TriNet and Personio, among others.
- Headquarter New York, United States
- Employees 19000 as on 31 May, 2024
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Paychex, Inc.
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Annual Revenue
$5.57 B (USD)5.56as on May 31, 2025
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Net Profit
$1.66 B (USD)-1.96as on May 31, 2025
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EBITDA
$2.58 B (USD)9.74as on May 31, 2025
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Latest Funding Round
$15.8 M (USD), Post-IPO
Nov 12, 2018
- Investors
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Employee Count
19000
as on May 31, 2024
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Investments & Acquisitions
Advance Partners
& 14 more
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IPO & Listings of Paychex
Paychex is a publicly listed company on the NASDAQ with ticker symbol PAYX in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Paychex
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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
Investors in Paychex
Paychex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Acadian Asset.
| Investor | Description | Founded Year | Domain | Location |
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Provides systematic asset management and investment strategies for clients worldwide.
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Investor details for Paychex
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Paychex
Paychex has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Advance Partners, Alterna Capital Solutions and BeneTrac.
Investment portfolio details for Paychex
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Working capital loans provider
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Locked | Locked | 2018 | Locked | |
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Automation solutions for legal case management and documents are provided.
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Locked | Locked | 2016 | Locked | |
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Provider of SaaS platform for employee benefits management
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Locked | Locked | 2015 | Locked |
Complete acquisition details for Paychex
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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Financial Statements - Paychex
Detailed financials for Paychex
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Paychex Comparisons
Peer comparison for Paychex
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Competitors of Paychex
Paychex 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, ADP, Paycor, TriNet and Personio, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HR and payroll solutions are offered for small businesses.
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Cloud-based HR management solutions are offered for payroll and compliance.
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Cloud-based HRMS platform is provided for small and medium-sized businesses.
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Cloud-based HRMS platform is offered for small and medium businesses.
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Cloud-based HRMS platform is offered for small and medium-sized businesses.
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Detailed competitors of Paychex
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Paychex
Complete news archive for Paychex
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- Brand-specific news history
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Frequently Asked Questions about Paychex
Paychex was founded in 1971 and raised its 1st funding round 45 years after it was founded.
Paychex is headquartered in New York, United States. It is registered at New York, New York, United States.
As of May 31, 2024, the latest employee count at Paychex is 19,000.
Annual revenue of Paychex is $5.57B as on May 31, 2025.
Paychex was established in 1971 in New York, United States, within the human resources management sector. A cloud-based platform is utilized to deliver HRMS solutions, encompassing payroll processing, employee profiles, tax documentation, retirement balances, and benefits tracking. Operations include onboarding support, employee development tools, HR administration, payroll integration, and compliance assistance, serving businesses across various industries.
Yes, Paychex is publicly traded on NASDAQ under the ticker symbol PAYX.
Paychex has made 15 acquisitions, including Advance Partners, Alterna Capital Solutions, and BeneTrac.
Paychex has 1 investor. Key investors include Acadian Asset.
The ticker symbol of Paychex is PAYX on NASDAQ.