How Much Did Paylocity Raise? Funding & Key Investors

Date
May 9, 2025
Paylocity

Total amount raised

$10 Million

Latest funding date

2008-05-16

Paylocity

Location

Title

LINKEDIN

http://www.paylocity.com
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Status
Verified
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Paylocity offers a unified platform that integrates HR, Finance, and IT solutions to streamline work processes and drive results across businesses. The platform includes a wide range of services such as payroll, tax services, expense management, and asset management.

Keep reading to explore the intricacies of Paylocity's fundraising journey and the investors backing this innovative platform.

What Is Paylocity?

Paylocity is a company that provides a unified platform integrating HR, Finance, and IT solutions. Their services include payroll, tax services, expense management, talent management, and benefits administration. They cater to businesses of all sizes, from small businesses to large enterprises.

Operating within the Human Capital Management (HCM) and Payroll Solutions industry, Paylocity emphasizes innovation, client partnership, and award-winning customer service. The company is based in the United States and offers various resources and support to help businesses streamline their operations and improve decision-making.

How Much Funding Has Paylocity Raised?

  1. Series Unknown
    • Amount Raised: USD 10,000,000
    • Date: May 2008
    • Lead Investors: Adams Street Partners

In total, Paylocity has raised USD 10,000,000.

Key Investors

  • Adams Street Partners
    • Details: Adams Street Partners is a global private markets investment manager with over 45 years of experience. They manage investments across primary, secondary, and co-investment strategies.
    • Investment Focus Areas: Technology, healthcare, consumer products
    • Notable Investments: Paylocity, GoPro, Magic Leap

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