Total amount raised
$10 Millions
Latest funding date
05/01/2008
Location
Paylocity offers a comprehensive suite of online HR and payroll solutions, including payroll software, benefits administration, HR management tools, and talent management. The platform is designed to simplify payroll processes, manage employee benefits efficiently, and enhance employee engagement.
Keep reading to explore the intricacies of Paylocity's fundraising journey and the investors backing this innovative platform.
What Is Paylocity?
Paylocity is a prominent provider of online HR and payroll solutions, specializing in automating and simplifying HR processes. The company operates within the HR and payroll software industry, offering a comprehensive suite of products that include payroll, benefits administration, HR software, time and attendance, talent management, and employee experience.
Headquartered in Schaumburg, IL, Paylocity emphasizes innovation, client partnership, and award-winning customer service. While specific details about the founding year and founder names are not available, the company serves a diverse range of industries and company sizes, reflecting its broad market reach and adaptability.
How Much Funding Has Paylocity Raised?
- Venture Round
- Amount Raised: $10M
- Date: May 2008
- Lead Investors: Adams Street Partners
Paylocity has raised a total of $10M in funding.
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.
- Notable Investments: Not publicly disclosed.
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