Employment Hero Overview
- Year Founded
-
2012

- Status
-
Private
- Employees
-
1,000

- Latest Deal Type
-
2ndary - Private
- (Announced)
- Latest Deal Amount
-
$59.5M
- Investors
-
10
Employment Hero General Information
Description
Developer of a human resource management software designed to connect employers and employees. The company's software offers employee benefits and payroll services and manages the onboarding of new employees, enabling companies to save time from preparing payrolls and performance reviews while getting various services under one roof.
Contact Information
Website
www.employmenthero.comCorporate Office
- 441 Kent Street
- Level 2
- Sydney, New South Wales 2000
- Australia
Corporate Office
- 441 Kent Street
- Level 2
- Sydney, New South Wales 2000
- Australia
Employment Hero Timeline
Employment Hero Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Secondary Transaction - Private | 17-Feb-2025 | $59.5M | Announced | Generating Revenue | ||
9. Later Stage VC (Series F) | 19-Oct-2023 | Completed | Generating Revenue | |||
8. Secondary Transaction - Private | Completed | Generating Revenue | ||||
7. Later Stage VC (Series E) | 20-Jul-2021 | Completed | Generating Revenue | |||
6. Later Stage VC (Series D) | 01-Mar-2021 | Completed | Generating Revenue | |||
5. Later Stage VC (Series C) | 08-Jul-2019 | Completed | Generating Revenue | |||
4. Later Stage VC (Series B) | 26-Mar-2018 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 15-Nov-2016 | Completed | Generating Revenue | |||
2. Debt - General | 02-Mar-2015 | $3.97M | $3.97M | Completed | Generating Revenue | |
1. Capitalization | 01-Jan-2013 | Completed | Generating Revenue |
Employment Hero Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series E | ||||||||
Series D | ||||||||
Series C | ||||||||
Series B | 4,075,833 | $1.5 | $1.5 | 1x | $1.5 | 9.65% | ||
Series A | 2,373,800 | $1 | $1 | 1x | $1 | 5.62% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Employment Hero Comparisons
Industry
Financing
Details
Employment Hero Competitors (68)
One of Employment Hero’s 68 competitors is Justworks, a Venture Capital-Backed company based in New York, NY.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Justworks | Venture Capital-Backed | New York, NY | ||||
Flare (Sydney) | Private Equity-Backed | Sydney, Australia | ||||
Bright HR | Corporation | Manchester, United Kingdom | ||||
Tanda | Venture Capital-Backed | Brisbane, Australia | ||||
Charlie (Business/Productivity Software) | Venture Capital-Backed | London, United Kingdom |
Employment Hero Signals
Employment Hero Investors (10)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Brisbane Angels | Angel Group | Minority | ||
SEEK Investments | Growth/Expansion | Minority | ||
TCV | Growth/Expansion | Minority | ||
Insight Partners (New York) | Venture Capital | Minority | ||
Sixth Street Partners | Growth/Expansion | Minority |
Employment Hero Acquisitions (3)
Employment Hero’s most recent deal was a Merger/Acquisition with Humi (Business/Productivity Softwar) for . The deal was made on 08-Jan-2025.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Humi (Business/Productivity Softwar) | 08-Jan-2025 | Merger/Acquisition | Business/Productivity Software | ||
Employment Innovations | 11-Apr-2024 | Merger/Acquisition | Business/Productivity Software | ||
Keypay | 16-Feb-2022 | Merger/Acquisition | Application Software |
Employment Hero Affiliates
Subsidiaries (3)
Name | Industry | Location | Year Founded |
---|---|---|---|
Humi (Business/Productivity Softwar) | Toronto, Canada | 2016 | |
Keypay | Sydney, Australia | 2010 | |
Employment Innovations | Sydney, Australia | 1992 |
Employment Hero FAQs
-
When was Employment Hero founded?
Employment Hero was founded in 2012.
-
Where is Employment Hero headquartered?
Employment Hero is headquartered in Sydney, Australia.
-
What is the size of Employment Hero?
Employment Hero has 1,000 total employees.
-
What industry is Employment Hero in?
Employment Hero’s primary industry is Human Capital Services.
-
Is Employment Hero a private or public company?
Employment Hero is a Private company.
-
What is Employment Hero’s current revenue?
The current revenue for Employment Hero is
. -
How much funding has Employment Hero raised over time?
Employment Hero has raised $407M.
-
Who are Employment Hero’s investors?
Brisbane Angels, SEEK Investments, TCV, Insight Partners (New York), and Sixth Street Partners are 5 of 10 investors who have invested in Employment Hero.
-
Who are Employment Hero’s competitors?
Justworks, Flare (Sydney), Bright HR, Tanda, and Charlie (Business/Productivity Software) are some of the 68 competitors of Employment Hero.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »