Justworks

SoftwareSeries ENew York, USjustworks.com

Latest round

Series E

Last raised

Jan 2020

Total raised

$148M

Investors

9

About Justworks

Justworks, Inc.Founded in 2012 in New York, US, Justworks, Inc. operates as a Professional Employer Organization (PEO) that streamlines HR functions for small businesses. The co-founders, Isaac Oates, Kara Yates, and Tim Suski, have a history of entrepreneurial ventures, contributing to the company's innovative approach to HR solutions.Justworks primarily offers a comprehensive suite of HR solutions designed specifically for small businesses. Their core product is a Professional Employer Organization (PEO) service that integrates HR, payroll, benefits, and compliance management into a single platform. This service addresses the complexities of human resource management by providing small business owners with intuitive software paired with human support, thereby reducing HR-related challenges and allowing companies to focus on their core operations. Justworks serves a diverse client base that includes startups, growing businesses, and companies managing remote teams, enabling them to hire and onboard employees efficiently, manage payroll, and ensure compliance across varied regulatory landscapes.8 mn.6 bn in payroll, indicating significant transactional volume with clients relying on Justworks for their payroll processing needs. Clients engage with Justworks under a structured pricing model that aligns with the number of employees and the specific services required, which may include HR management, employee benefits administration, and compliance support. The company aims to target additional geographic markets and continue enhancing its service offerings to better serve its growing client base. These initiatives are expected to position Justworks for sustained growth in the competitive HR solution landscape.

Who invested in Justworks

9 investors across 6 rounds

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Funding rounds

  1. Series E

    Jan 16, 2020

    Amount

    $50M

    Investors

    Locked

  2. Series D

    Mar 6, 2018

    Amount

    $40M

    Investors

    Locked

  3. Series C

    Feb 25, 2016

    Amount

    $33M

    Investors

    Locked

  4. Series B

    Apr 29, 2015

    Amount

    $13M

    Investors

    Locked

  5. Series A

    Sep 30, 2014

    Amount

    $11M

    Investors

    Locked

  6. Seed

    Oct 16, 2013

    Amount

    $1M

    Investors

    Locked

Questions about Justworks

Who invested in Justworks?

Justworks has 9 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Justworks raised?

Justworks has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Justworks last raise money?

Justworks's most recent round on record is a Series E, in Jan 2020.

What does Justworks do?

Justworks is a software company.

Where is Justworks headquartered?

Justworks is headquartered in New York, US.

Which VCs invest in companies like Justworks?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Justworks's stage. Their profiles are linked below.

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