Employment Hero Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 1,000

Employees

  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 441 Kent Street
  • Level 2
  • Sydney, New South Wales 2000
  • Australia
+61 1300
Primary Industry
Human Capital Services
Other Industries
Business/Productivity Software
Vertical(s)
Corporate Office
  • 441 Kent Street
  • Level 2
  • Sydney, New South Wales 2000
  • Australia
+61 1300

Employment Hero Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Employment Hero’s complete valuation and funding history, request access »

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%
To view Employment Hero’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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Employment Hero Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a human resource management software designed to connect employers and employees. The company's software of
Human Capital Services
Sydney, Australia
1,000 As of 2024

New York, NY
 

Sydney, Australia
 
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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
You’re viewing 5 of 68 competitors. Get the full list »

Employment Hero Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 10 investors. Get the full list »

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
To view Employment Hero’s complete acquisitions history, request access »

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.

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