About Paycor
Paycor is a company based in Cincinnati (United States) founded in 1990 was acquired by Paychex in January 2025.. Paycor has raised $449.89 million across 7 funding rounds from investors including Paychex, Franklin Templeton and Apax Partners. Paycor has completed 5 acquisitions, including 7Geese, Go Verb and Newton Software. Paycor operates in a competitive market with competitors including Gusto, ADP, Paychex, TriNet and Personio, among others.
- Headquarter Cincinnati, United States
- Stage Public
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
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
Unlock access to complete
Funding Insights of Paycor
Paycor has successfully raised a total of $449.89M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $270 million completed in January 2021. 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 Total Funding
- Total Rounds 7
- Last Round Series E — $270.0M
-
First Round
First Round
(16 Jan 2007)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series E - Paycor | Valuation | Neuberger Berman , Qatar Investment Authority | |
| Sep, 2018 | Amount | Series D - Paycor | Valuation | Apax |
|
| Jun, 2016 | Amount | Series D - Paycor | Valuation |
investors |
|
| 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 Paycor
Paycor has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Paychex, Franklin Templeton and Apax Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Secondary market fund focused on LP and direct secondary transactions
|
Founded Year | Domain | Location | |
|
Equity investments are focused on tech, services, and consumer sectors.
|
Founded Year | Domain | Location | |
|
A sovereign wealth fund backed by Qatar, managing investments and funds.
|
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 Paycor
Paycor has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 7Geese, Go Verb and Newton Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud-based AI platform for candidate engagement and recruiting is utilized.
|
2016 | ||||
|
Social entrepreneurship competitions for global ventures are organized by Verb.
|
2013 | ||||
|
Employee scheduling and time tracking are facilitated by Ximble.
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Paycor
| 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 |
Paycor Comparisons
Competitors of Paycor
Paycor 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, Paychex, TriNet and Personio, 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 |
Cloud-based HR management solutions are offered for payroll and compliance.
|
|
| domain | founded_year | HQ Location |
Cloud-based HRMS solutions are delivered for payroll and employee management.
|
|
| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium-sized businesses.
|
| 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 Paycor
Frequently Asked Questions about Paycor
When was Paycor founded?
Paycor was founded in 1990 and raised its 1st funding round 17 years after it was founded.
Where is Paycor located?
Paycor is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Is Paycor a funded company?
Paycor is a funded company, having raised a total of $449.89M across 7 funding rounds to date. The company's 1st funding round was a Series D of $45M, raised on Jan 16, 2007.
What does Paycor do?
Paycor was founded in 1990 in Cincinnati, United States. A cloud-based human resource management system is offered to small and medium-sized businesses across sectors including healthcare, manufacturing, retail, and hospitality. Core functionalities encompass learning management, recruiting, onboarding, benefits and payroll administration, time and attendance tracking, and workforce analytics. Employee benefits and engagement tools are also integrated. Operations follow a subscription-based pricing model.
Who are the top competitors of Paycor?
How many acquisitions has Paycor made?
Paycor has made 5 acquisitions, including 7Geese, Go Verb, and Newton Software.
Who are Paycor's investors?
Paycor has 8 investors. Key investors include Paychex, Franklin Templeton, Apax Partners, Neuberger Berman, and ClearBridge.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.