About Paylocity
Paylocity is a publicly listed company based in Arlington Heights (United States) founded in 1997 by Steve Sarowitz. Cloud-based payroll and HR solutions are provided for businesses. Paylocity has raised $37.28 million across 2 funding rounds from investors including Adams Street Partners. The company has 6,700 employees. Paylocity has completed 8 acquisitions, including Aidora, Airbase and Blue Marble Payroll. Its website paylocity.com draws about 22.7 million monthly visits. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its competitors include Workday, Gusto and Kronos; 3 of its 3 listed competitors have raised funding.
Company details
Paylocity was founded in 1997 and is headquartered in Arlington Heights, United States. Cloud-based platforms for payroll and human resources management are offered to support business operations. Functions such as expense tracking, payment processing, tax handling, time and attendance monitoring, compliance oversight, performance assessment, compensation planning, and budget control are included. Additional services address benefits administration and employee engagement within the HR technology sector.
- Annual Revenue$1.77 B (USD)11.04as on Jun 30, 2026
- Net Profit$269.74 M (USD)18.76as on Jun 30, 2026
- EBITDA$504.3 M (USD)21.17as on Jun 30, 2026
- Total Equity Funding$37.28M (USD)
in 2 rounds
- Latest Funding Round$27.28M (USD), Series B
Jun 2012
- Investors
- Employee Count6,700
- Investments & AcquisitionsAidora
& 7 more
Apps and channels of Paylocity
Paylocity publishes 2 mobile apps with over 5M+ downloads; its YouTube channel Paylocity has 2.83K subscribers and 30 videos.
Videos from Paylocity
The most watched videos on Paylocity's YouTube channel, Paylocity (2.83K subscribers). Click a video to play it here.
More on Paylocity.
Funding Insights of Paylocity
Paylocity has successfully raised a total of $37.28M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $27.28 million completed in June 2012. 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 $37.28M
- Total Rounds 2
- Last Round Series B — $27.28M
- First Round $10M
(May 2008)
- Investors Count 1
All 2 funding rounds of Paylocity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2012 | $27.28M | Series B | – | – | |
| May 2008 | $10M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Paylocity
Paylocity has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Adams Street Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private markets investment management with strategies in equity, credit, and secondary investments. | adamsstreetpartners.com |
Investor details for Paylocity
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People of Paylocity
218 people are tracked at Paylocity (49 in leadership, 169 in team); the tracked headcount is 6,700.
| Name | Role | Group |
|---|---|---|
Steve Sarowitz | Founder and Chairman | Leadership |
Jarett Ehas | Associate Director Engineering - Engineering Excellence | Leadership |
Cyrus Mehta | Director, Engineering | Leadership |
Nick Rost | Chief Accounting Officer & Treasurer | Leadership |
Andriy Striltschuk | Director Of Engineering | Leadership |
Ruxandra Levy | Director Of Engineering | Leadership |
Toby Williams | President & CEO | Leadership |
Amanda Hanson | Director Product Experience | Leadership |
Julie Mathers | VP of User Experience | Leadership |
Scott Jucovics | Senior Director Of Engineering | Leadership |
Ryan Glenn | Chief Financial Officer | Leadership |
Holly Fulp | Deputy CFO & Chief Strategy Officer | Leadership |
Amber Livingston | VP, General Counsel | Leadership |
Mukul Varma | Senior Director, Engineering & Product | Leadership |
Martie Burris | Head Of Product, Marketplace And Platform | Leadership |
Jimin Bhuptani | Director Of Product Management | Leadership |
Omar Ashrafi | Senior Director Of Product Strategy | Leadership |
Christine Pellini | VP, Product & Technology | Leadership |
Kurt Zarefoss | VP & Head of Engineering | Leadership |
Tatiana Jordan | Senior Director UX | Leadership |
198 more people are available in the full profile.
Complete people profiles for Paylocity
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IPO & Listings of Paylocity
Paylocity is a publicly listed company on the NASDAQ with ticker symbol PCTY 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.
- IPO date19 Mar 2014
- Listed onNASDAQ: PCTY
- Listed entityPaylocity Holding Corporation
- Exchange sectorTechnology services
- ISINUS70438V1061
- Share price$158.11 (+1.33% on the day) · 2026-10-13
- Market capitalisation$8.39B
- Price to earnings32.0
- EPS (diluted, trailing year)$4.94
- Volume (last session)527,870
Financials of Paylocity
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2026 | $1.77B | $269.7M | $504.3M |
| 2025 | $1.60B | $227.1M | $416.2M |
| 2024 | $1.40B | $206.8M | $335.9M |
| 2023 | $1.17B | $140.8M | $216.4M |
| 2022 | $852.6M | $90.8M | $137.3M |
Detailed financial statements for Paylocity
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Investments & Acquisitions by Paylocity
Paylocity has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Aidora, Airbase and Blue Marble Payroll.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based leave management solutions are offered for HR teams. | getaidora.com | San Francisco, United States | 2023 | Jul 2026 | •••• | |
Provider of AI and cloud-based platform for text recruiting | grayscaleapp.com | Atlanta, United States | 2017 | Apr 2026 | •••• | |
Procure-to-pay management software is offered for business operations. | airbase.com | San Francisco, United States | 2017 | Sep 2024 | •••• | |
Cloud-based expense analytics software is offered for business spend management. | tracehq.com | San Francisco, United States | 2006 | Dec 2023 | •••• | |
Cloud-based no-code integrations for SaaS services are provided. | cloudsnap.com | Reno, United States | 2011 | Jan 2022 | •••• | |
Cloud-based HR and payroll software is provided for small businesses. | bluemarblepayroll.com | Highland Park, United States | 2013 | Sep 2021 | $60M | |
Online collaboration platform for teams and partners is provided. | samepage.io | San Jose, United States | 2013 | Nov 2020 | •••• | |
Video communication platform for multiple industreis | vidgrid.com | Saint Paul, United States | 2012 | Apr 2020 | •••• |
Complete acquisition details for Paylocity
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Timeline of Paylocity
12 dated milestones of Paylocity across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Paylocity is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series B, of $27.3M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires VidGrid.
- Acquisition Acquires Samepage.
- Acquisition Acquires Blue Marble Payroll.
- Acquisition Acquires Cloudsnap.
- Acquisition Acquires Trace.
- Acquisition Acquires Airbase.
- Acquisition Acquires Grayscale App.
- Acquisition Acquires Aidora.
Competitors of Paylocity
Paylocity has 3 listed competitors in our database, 3 of them funded. They include Workday, Gusto and Kronos.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| kronos.com | 1977 | Lowell, United States | $855M | 86 | HCM software solutions for enterprise workforce management are provided. |
Detailed competitors of Paylocity
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Paylocity
The website of Paylocity (paylocity.com) receives about 22.7M visits a month and ranks #2,280 among all websites worldwide, #370 in Computers Electronics and Technology.
- Monthly visits22.7M
▲ 22.8% vs previous month
- Unique visitors3.3M
per month
- Global rank#2,280
among all websites
- Category rank#370
Computers Electronics and Technology
- Bounce rate20%
- Pages per visit7.4
- Average visit5 min 46 sec
- DevicesDesktop 65% · Mobile 35%
Websites whose visitors overlap most with Paylocity. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| suno.com | 100% | 72.3M | #543 | View details | |
usphonebook.com | usphonebook.com | 99% | #9,970 | – | |
| linkedin.com | 96% | 1.9B | #18 | View details | |
| expensify.com | 95% | 1.4M | #25,346 | View details | |
| fiverr.com | 95% | 44.5M | #668 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Paylocity
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Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Paylocity (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Paylocity
Complete news archive for Paylocity
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Frequently Asked Questions about Paylocity
Paylocity was founded in 1997 and raised its 1st funding round 11 years after it was founded.
Paylocity is headquartered in Arlington Heights, United States. It is registered at Arlington Heights, Illinois, United States.
Paylocity is a funded company, having raised a total of $37.28M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on May 2008.
Paylocity has 6,700 employees.
Annual revenue of Paylocity is $1.77B as on Jun 30, 2026.
Paylocity was founded in 1997 and is headquartered in Arlington Heights, United States. Cloud-based platforms for payroll and human resources management are offered to support business operations. Functions such as expense tracking, payment processing, tax handling, time and attendance monitoring, compliance oversight, performance assessment, compensation planning, and budget control are included. Additional services address benefits administration and employee engagement within the HR technology sector.
Yes, Paylocity is publicly traded on NASDAQ under the ticker symbol PCTY.
Paylocity has made 8 acquisitions, including Aidora, Airbase, and Blue Marble Payroll.
Paylocity has 1 investor. Key investors include Adams Street Partners.
Yes. Paylocity publishes Paylocity and 1 more app, with over 5 million downloads.
The website of Paylocity receives about 22.7 million visits a month and ranks #2,280 among all websites worldwide.