Justworks

About

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

New York,New York,United States
501 - 1000
https://justworks.com

Highlights

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