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About
Justworks provides a comprehensive platform for small businesses, offering modern, user-friendly software and 24/7 human support to simplify payroll, benefits, HR management, and compliance. The product combines a PEO's capabilities with corporate-level benefits to streamline business operations.
Company Stage
M&A
Employees
1,001-5,000
Industries
Data & Analytics, Consulting, Enterprise Software, Fintech, Financial Services
Total Funding
$160M
Headquarters
N/A
Founded
2012
Simplify's Take
What believers are saying
- The acquisition of Via positions Justworks to offer more robust global solutions, potentially attracting a larger client base.
- The introduction of new tools like Expenses and International Contractor Payments demonstrates Justworks' commitment to continuous innovation and addressing SMB needs.
- Justworks' focus on providing 24/7 human support and high-quality benefits can significantly enhance employee satisfaction and retention for its clients.
What critics are saying
- The integration of Via could present challenges in aligning technologies and corporate cultures, potentially slowing down innovation.
- The competitive landscape for SMB-focused platforms is intense, with many players vying for market share, which could impact Justworks' growth.
What makes Justworks unique
- Justworks focuses on small businesses, providing a comprehensive suite of tools including payroll, tax, HR, and compliance, unlike competitors who may not offer such an integrated solution.
- The acquisition of Via enhances Justworks' capabilities in international employment, setting it apart from other SMB-focused platforms.
- Justworks' new International Contractor Payments tool allows SMBs to manage both domestic and international payments seamlessly, a feature not commonly found in similar platforms.
6 month growth
↑ 4%1 year growth
↑ 17%2 year growth
↑ 35%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.
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