Justworks

company

About

Justworks provides small and medium-sized businesses with simple software and expert support for payroll, benefits, HR, and compliance.

Details

Last Funding Type
Series C
Last Funding Money Raised
$33M
Industries
B2B,Compliance,Employee Benefits,Health Insurance,Human Resources,Internet,Payments,Software
Founded date
Jan 1, 2012
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Justworks, Inc.

Justworks makes it easier to start, run, and grow a business.

Founded in 2012, Justworks is a modern support system for work and life. With Justworks, entrepreneurs and their teams get access to big-company benefits, automated payroll, compliance support, and HR tools—all in one place. By combining the power of a Professional Employer Organization (PEO) with expert 24/7 customer service and a simple and intuitive platform, Justworks gives teams of all sizes the confidence to work fearlessly.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$143M
Justworks has raised a total of $143M in funding over 2 rounds. Their latest funding was raised on Jan 28, 2020 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 28, 2020 Series E $50M 8 FirstMark
Union Square Ventures
Detail
Mar 6, 2018 Series D $40M 5 FirstMark Detail
Mar 10, 2016 Series C $33M 5 Redpoint Detail
May 19, 2015 Series B $13M 3 Bain Capital Ventures Detail
Oct 8, 2014 Series A $6M 4 Thrive Capital Detail

Investments

Number of Investments
Number of Lead Investments
3
1
Justworks has made 3 investments. Their most recent investment was on Sep 29, 2022, when Airplane raised $32M.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 29, 2022 Airplane
Series B $32M Information Technology
Jul 8, 2022 Salto X
Seed €5.20M Blockchain
Jul 8, 2021 Maven Project
Grant $25K Health Care Yes

Investors

Number of Lead Investors
Number of Investors
6
15
Justworks is funded by 15 investors. FirstMark and Union Square Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
FirstMark Yes Series E
Union Square Ventures Yes Series E
Bain Capital Ventures Series E
Index Ventures Series E
Latitude Series E
Redpoint Series E
Spark Capital Series E
Thrive Capital Series E
Bain Capital Series D
Radian Capital Series C

Employee Profiles

Number of Employee Profiles
36
Justworks has 36 current employee profiles, including Executive David Feinberg
Executive
Employee
Employee
Employee

Acquisition

Justworks has acquired 1 organizations. Their most recent acquisition was Justworks Hours on Oct 6, 2020. They acquired Justworks Hours for 0.

Date Company Name
Industry Acquisition Type Price
Oct 6, 2020 Justworks Hours
Mobile acquisition Detail