Paychex

● Active

Human Capital Management · Rochester, New York · Est. 1971

Human Capital ManagementB2BSaaSDeveloper-first↗ Website

$47B

Valuation

$5.6B

Revenue

16k+

Employees

1971

Founded

Paychex is a leading American provider of human resources, payroll, benefits administration, and HCM solutions for small and mid-sized businesses, serving over 745,000 clients across the U.S. and Europe. Founded in 1971 in Rochester, New York, Paychex processes payroll for approximately 1 in 12 private-sector employees in the U.S. and expanded into the mid-market segment through the acquisition of Paycor HCM in April 2025.

Recent Press

5 items

PRESS RELEASE·2 days ago

Paychex Launches Next-Generation Human Capital Management Infrastructure Platform

The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.

FUNDING·3 weeks ago

Paychex Secures $220M Series F at $6.8B Valuation

The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.

ACQUISITION·5 weeks ago

Paychex Acquires Developer Tooling Startup Stackform for $85M

The 18-person Stackform team joins Paychex Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.

PRESS RELEASE·2 months ago

Paychex Expands Strategic Partnership with Google Cloud

The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.

EARNINGS·3 months ago

Paychex Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates

Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.

Company History

9 milestones

Paychex is established with a founding team of 6. The company sets out to reimagine human capital management infrastructure from the ground up, with its first office in Rochester, New York.

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