Total amount raised
$431.2 Millions
Latest funding date
03/01/2024
Location
Paycor provides comprehensive Human Capital Management (HCM) solutions, including HR and payroll software, talent acquisition, and workforce management. The company offers a range of services designed to streamline HR processes and enhance business efficiency.
Keep reading to explore the intricacies of Paycor's fundraising journey and the investors backing this innovative platform.
What Is Paycor?
Paycor is a prominent provider of Human Capital Management (HCM) solutions, specializing in HR and payroll software, talent acquisition, and workforce management. The company is dedicated to helping businesses streamline their HR processes and enhance overall efficiency.
Operating in the HCM and payroll solutions industry, Paycor serves nearly 800,000 customers with its innovative, AI-enabled technology. The company is known for its comprehensive, flexible, and world-class service, aiming to empower leaders and drive business success.
How Much Funding Has Paycor Raised?
- Round Name: Private Equity Round
- Amount Raised: $270M
- Date: January 2021
- Lead Investors: Neuberger Berman, Qatar Investment Authority
- Round Name: Private Equity Round
- Date: September 2018
- Lead Investors: -
- Round Name: Post-IPO Secondary
- Amount Raised: $161.2M
- Date: March 2024
- Lead Investors: -
In total, Paycor has raised $431.2M across its funding rounds.
Key Investors
- Neuberger Berman
- Details: Neuberger Berman is a private, independent, employee-owned investment management firm. Founded in 1939, it manages a range of investment strategies for institutions and individuals.
- Investment Focus Areas: Equities, fixed income, alternatives
- Notable Investments: Not publicly disclosed
- Qatar Investment Authority
- Details: Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar. Established in 2005, it aims to diversify the economy and invest in a wide range of asset classes.
- Investment Focus Areas: Real estate, infrastructure, technology
- Notable Investments: Volkswagen, Barclays, Harrods
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