Founded Year

2012

Stage

Unattributed | Alive

Total Raised

$159.8M

Last Raised

$16.8M | 2 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-85 points in the past 30 days

About Justworks

Justworks focuses on providing payroll and professional employer organization (PEO) solutions. It offers services including payroll management, human resources tools, compliance support, and access to corporate-level benefits. Its services are designed to help businesses streamline their operations, stay compliant, and take better care of their employees. It was founded in 2012 and is based in New York, New York.

Headquarters Location

Church Street Station

New York, New York, 10008,

United States

888-534-1711

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ESPs containing Justworks

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / HR Tech

The benefits administration market enables human resources teams to effectively manage their employee benefits programs. These platforms manage health insurance and wellness plans as well as other benefits programs. Providers often have features to support employee enrollment and provide participation analytics as well as comply with government regulations.

Justworks named as Leader among 15 other companies, including ADP, Benefitfocus, and PlanSource.

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Research containing Justworks

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Justworks in 1 CB Insights research brief, most recently on Jun 6, 2025.

Expert Collections containing Justworks

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Justworks is included in 7 Expert Collections, including HR Tech.

H

HR Tech

5,910 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

U

Unicorns- Billion Dollar Startups

1,276 items

S

SMB Fintech

2,003 items

P

Payments

3,198 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

F

Fintech 100

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

F

Fintech

9,653 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Latest Justworks News

Best Employer of Record companies for 2025 revealed by Employ Borderless

Jul 2, 2025

Singapore, Singapore , July 02, 2025 (GLOBE NEWSWIRE) -- The 2025 rankings highlight category specialists who perform well in distinct markets and business requirements.This report arrives as the global EOR market value is projected to grow from USD 5.23 billion in 2024 to USD 9.17 billion by 2033, according to Business Research Insights. Companies are increasingly selecting EOR providers based on specific regional expertise and business model alignment rather than generic solutions. Employ Borderless announces its annual assessment of the top Employer of Record services, identifying seven industry leaders after evaluating 25+ global employment platforms. The 2025 rankings highlight category specialists who perform well in distinct markets and business requirements. This report arrives as the global EOR market value is projected to grow from USD 5.23 billion in 2024 to USD 9.17 billion by 2033, according to Business Research Insights. Companies are increasingly selecting EOR providers based on specific regional expertise and business model alignment rather than generic solutions. "The EOR market has changed significantly with providers now specializing in distinct niches rather than offering one-size-fits-all solutions," said Robbin Schuchmann, Co-founder of Employ Borderless. "This year's analysis reveals clear category leaders who perform well in specific regions, company sizes, and operational requirements." Following months of platform analysis, pricing comparisons, and user experience testing, Employ Borderless identifies the category-leading Employer of Record services for 2025. Rippling - Best for EU operations Remote - Best for IP protection Multiplier - Best for Asia-Pacific markets Remofirst - Best for budget-conscious startups Deel - Best for worldwide coverage JustWorks - Best for US operations Oyster - Best for transparent pricing Paul Jansen, Co-founder of Employ Borderless, noted the industry's movement toward specialization. "The most successful EOR providers in 2025 have stopped trying to be everything to everyone. Instead, they've focused on specific strengths, whether that's regional compliance expertise, particular company sizes, or unique service offerings." Research highlights from the 2025 evaluation include the following findings. Rippling secured the EU operations category by establishing its European headquarters in Dublin and developing a platform that integrates HR, IT, and finance functions. Companies report improved operational efficiency when using a single system rather than managing separate platforms. Remote earned recognition in IP protection through SOC 2 certification and its Remote IP Guard technology. Organizations handling sensitive information prefer Remote's direct entity ownership model over third-party partnerships. Multiplier captured the Asia-Pacific category with focused expertise in Singapore, Australia, and Japan markets. The platform's same-day onboarding capability has attracted companies requiring rapid international expansion. Remofirst claimed the startup category by simplifying international hiring processes. Small businesses favor the platform's five-day setup timeline and absence of hidden fees during onboarding. Deel achieved worldwide coverage leadership through local entities in 120 countries. Companies frequently cite the contractor-to-employee conversion feature as a key differentiator for workforce flexibility. JustWorks captured the US operations category with its integrated approach combining EOR and domestic PEO services. Small businesses favor the platform's ability to manage both international and domestic employees from a single system, with many citing the streamlined onboarding process as a key advantage. Oyster won the transparency category through clear pricing structures and user interface design. Companies value the predictable fee model and recent addition of global payroll capabilities for existing international operations. "These providers represent the new reality of EOR services," concluded Robbin Schuchmann. "Success now depends on deep specialization rather than broad mediocrity. Companies that match their specific needs with the right category leader will see significantly better outcomes than those selecting based on name recognition alone." The shift toward specialized EOR providers reflects broader changes in how companies approach international expansion. Rather than one-size-fits-all solutions, businesses increasingly value providers who understand their particular challenges, whether regulatory, operational, or financial. For complete analysis methodology and detailed provider comparisons, including specific use cases for each category winner, visit the Employ Borderless website. About Employ Borderless Employ Borderless conducts independent research on global employment solutions, providing fact-based evaluations to help businesses make informed decisions about international workforce expansion. The organization maintains editorial independence and accepts no compensation from reviewed providers. Contact information Media inquiries and research questions. Robbin Schuchmann at robbin@employborderless.com. EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Justworks Frequently Asked Questions (FAQ)

  • When was Justworks founded?

    Justworks was founded in 2012.

  • Where is Justworks's headquarters?

    Justworks's headquarters is located at Church Street Station, New York.

  • What is Justworks's latest funding round?

    Justworks's latest funding round is Unattributed.

  • How much did Justworks raise?

    Justworks raised a total of $159.8M.

  • Who are the investors of Justworks?

    Investors of Justworks include Index Ventures, Thrive Capital, Bain Capital Ventures, Redpoint Ventures, FirstMark Capital and 6 more.

  • Who are Justworks's competitors?

    Competitors of Justworks include OnPay, Oyster, SmartHR, Hibob, Engage PEO and 7 more.

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Compare Justworks to Competitors

Gusto Logo
Gusto

Gusto provides payroll processing, benefits administration, and human resources services for businesses. They offer a platform that handles payroll, benefits, and human resource (HR) tasks, while also providing support. Gusto primarily serves the small to medium-sized business sector with its HR and financial services. Gusto was formerly known as ZenPayroll. It was founded in 2012 and is based in San Francisco, California.

BambooHR Logo
BambooHR

BambooHR is a human resource software provider that offers a cloud-based Human Resources Information System (HRIS) which centralizes employee data, payroll, time tracking, benefits administration, and performance management. BambooHR provides tools for hiring, onboarding, and enhancing employee experience. It was founded in 2008 and is based in Draper, Utah.

Rippling Logo
Rippling

Rippling is a workforce management system that operates within the HR, IT, and Finance sectors. The company offers a platform for managing HR functions, payroll, IT security, and company spending. Rippling serves various industries, including healthcare, retail, and technology. It was founded in 2016 and is based in San Francisco, California.

Flash Logo
Flash

Flash operates as a management platform. It specializes in human resources (HR) and financial services. The company offers solutions for benefits management, talent management, and corporate expense control. Flash primarily serves sectors that require integrated management solutions for HR and financial operations. It was founded in 2018 and is based in Pinheiros, Brazil.

Zuman Logo
Zuman

Zuman offers cloud-based human resources, payroll, and benefits administration services within the HR technology industry. The company provides a solution that integrates HR management, payroll processing, and benefits administration, focusing on employee needs, cost control, and compliance. Zuman serves growing companies that require HR outsourcing solutions. It was founded in 2012 and is based in Pleasanton, California.

Payday Logo
Payday

Payday provides services within the HR and payroll industry, offering solutions for HR, payroll, time and attendance, benefits, and retirement. The company serves businesses looking to improve their HR processes and payroll systems using cloud-based technology and automated tools. It was founded in 1985 and is based in Virginia Beach, Virginia. Payday operates as a subsidiary of Hilan.

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