Justworks

Justworks

PEO offering HR, payroll, and compliance solutions

About Justworks

Simplify's Rating
Why Justworks is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consulting

Enterprise Software

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$155.5M

Headquarters

New York City, New York

Founded

2012

Overview

Justworks provides a platform that helps small to medium-sized businesses manage their HR and payroll needs. The platform includes features like payroll processing, HR tools, and compliance support, all designed to simplify the operational tasks that businesses face. By using Justworks, companies can access corporate-level benefits without having to deal with the complexities of administrative work themselves. Unlike many competitors, Justworks focuses on offering a single integrated solution that combines various services into one platform, making it easier for businesses to scale. The goal of Justworks is to allow businesses to concentrate on their core activities while it takes care of the administrative and regulatory tasks.

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for integrated HR and payroll solutions supports Justworks' business model.
  • Expansion into international markets increases Justworks' potential customer base and revenue streams.
  • The rise of AI-driven HR tools enhances Justworks' platform value proposition.

What critics are saying

  • Increased competition from emerging PEOs and HR tech startups may erode market share.
  • Complex regulatory environments in international markets could strain Justworks' resources.
  • Economic downturns could reduce demand from small and medium-sized businesses.

What makes Justworks unique

  • Justworks offers a comprehensive PEO platform with integrated HR, payroll, and compliance tools.
  • The company provides 24/7 human support and on-demand expertise for small to medium businesses.
  • Justworks' recent acquisition of Via expands its capabilities in international employment solutions.

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Funding

Total Funding

$155.5M

Below

Industry Average

Funded Over

7 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health - Believe in our vision. Medical and dental, too. Get support for your mental and financial health. Beta test new benefits and perks for our platform.

Workplace - Volunteer and get paid to give back. Take paid parental leave. Enjoy monthly team events that help turn coworkers into lifelong friends.

Wellness - Enjoy subsidized ClassPass memberships. Take advantage of regular yoga, meditation, and other wellness programming.

Perks - Be an owner, not an employee. Get time off whenever you need it. Take a sabbatical. Invest in your future financially and with professional learning and development opportunities.

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

2%

2 year growth

0%
PR Newswire
Feb 3rd, 2025
Entreprenista 100 Awards Now Accepting Applications From Accomplished Women Founders

The Entreprenista 100 Awards highlights the Top 100 Women Business Owners of 2024NEW YORK, Feb. 3, 2025 /PRNewswire/ -- The Entreprenista League, a leading membership community for ambitious, entrepreneurial women, is excited to announce its call for applications for its third annual Entreprenista 100 Awards

Finsmes
Nov 3rd, 2024
3 Ways To Streamline Your Payroll Process

Run a Google search for “why people hate payroll departments” and you’ll come across endless articles bashing human resources. Some of the many reasons commonly cited include overcomplicated processes, incompetence, and failure to address all but the least important problems. While not all companies lump payroll into HR, the criticisms can often still apply. Legacy software, inefficient procedures, and employee frustrations can be endemic to payroll.To solve these problems, most organizations should take a multi-pronged approach, addressing employee development, siloed or unwieldy workflows, and technology issues. Hire and train good employees, hand them well-crafted, up-to-date SOPs, and give them the tools they need to do their work quickly and accurately. Below is a look at some of the best ways to troubleshoot and optimize your payroll processes.1

TechCrunch
May 29th, 2024
Meet Visa, Mercury, Artisan, Golub Capital And More At Tc Disrupt 2024

TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! This is the startup world’s main event, and it’s where you’ll find the knowledge, tools and connections you need to grow a successful business.Helping startups reach their full potential takes a global village, and we could not bring you this world-class event without our world-class partners. Take advantage of the opportunity to leverage the expertise and resources of some of tech’s leading companies. Their participation elevates, engages and supports early-stage founders.Take a look at the latest group of companies ready to help you move your startup to the next level. Here’s what they’re doing and where you’ll find them. Pop over and hang out on the second-floor lobby with:Deep dive into a roundtable session with:Recharge over the Coffee and Espresso Bar with:Meet companies from around the world at these startup pavilions:Connect with these companies in the Exhibition Hall:• FlashIntel• Duplocloud• Remote• Justworks• Multiplier• IDC Research• DigiLion• Agile Dream Team• ZenmuTech• Establish PRThanks to Trade Travel for sponsoring our Disrupt badge lanyards and to Stastig for their support in our Space industry meetup area

U.S. Securities and Exchange Commission
Nov 3rd, 2023
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

AlleyWatch
Nov 2nd, 2023
The AlleyWatch Startup Daily Funding Report: 11/2/2023

Charm, a developer tool startup that's focused on making the command line more useful, has raised $6M in Venture funding from investors that include Gradient Ventures, Cavalry Ventures, Fuel Capital, and Firestreak.

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