Paylocity

Paylocity

Innovative payroll services and human resource software solutions for employees and businesses across america. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues636m853m1.2b1.4b1.5b1.7b1.9b
% growth13 %34 %38 %19 %9 %11 %14 %
EBITDA101m135m216m337m540m607m726m
% EBITDA margin16 %16 %18 %24 %35 %36 %38 %
Profit70.8m90.8m141m207m249m297m352m
% profit margin11 %11 %12 %15 %16 %18 %18 %
EV / revenue16.0x11.1x8.8x5.0x5.4x4.6x3.8x
EV / EBITDA100.9x70.3x47.7x20.9x15.2x12.8x10.0x
R&D budget76.7m103m164m178m---
R&D % of revenue12 %12 %14 %13 %---
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DateInvestorsAmountRound

$10.0m

Early VC
*
N/A

$120m

Valuation: $1.3b

IPO
Total Funding€9.1m

Recent News about Paylocity

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Paylocity is a leading provider of cloud-based HR and payroll software solutions designed to streamline workforce management for businesses of all sizes. Operating primarily in the United States, Paylocity serves a diverse range of industries including financial services, healthcare, manufacturing, nonprofit and education, restaurants and hospitality, retail and wholesale, technology and professional services, and transportation and logistics. The company's core products include payroll processing, human resources management, talent management, benefits administration, employee engagement tools, and data analytics. Paylocity's business model revolves around a subscription-based service, where clients pay recurring fees for access to its comprehensive suite of HR and payroll tools. The company generates revenue through these subscriptions, as well as through additional services such as tax services, expense management, and compliance dashboards. By leveraging advanced technology and a commitment to customer success, Paylocity helps organizations improve efficiency, accuracy, and employee satisfaction.

Keywords: HR software, payroll solutions, workforce management, data analytics, employee engagement, cloud-based, subscription model, compliance, benefits administration, talent management.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Paylocity

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Cloudsnap
ACQUISITION by Paylocity Jan 2022
Samepage Labs
ACQUISITION by Paylocity Nov 2020
Blue Marble Payroll
ACQUISITION by Paylocity Sep 2021
VidGrid - Video's Most Interactive Platform
ACQUISITION by Paylocity Apr 2020
Airbase
ACQUISITION by Paylocity Sep 2024
Trace
ACQUISITION by Paylocity Dec 2023