Justworks

PEO offering HR, payroll, and compliance solutions

New York City, New York, United States

About Justworks

Justworks provides a platform that helps small to medium-sized businesses manage their HR and payroll needs. The platform includes features like payroll processing, HR tools, and compliance support, all designed to simplify the operational tasks that businesses face. By using Justworks, companies can access corporate-level benefits without having to deal with the complexities of administrative work themselves. What sets Justworks apart from its competitors is its focus on subscription-based services, allowing businesses to pay a monthly fee for comprehensive support rather than dealing with multiple vendors. The goal of Justworks is to enable businesses to grow and focus on their core activities by taking care of the administrative and regulatory tasks that can slow them down.

New York City, New YorkHeadquarters
2012Year Founded
$155.5MTotal Funding
LATE_VCCompany Stage
Consulting, Enterprise SoftwareIndustries
1,001-5,000Employees

Benefits

Health - Believe in our vision. Medical and dental, too. Get support for your mental and financial health. Beta test new benefits and perks for our platform.
Workplace - Volunteer and get paid to give back. Take paid parental leave. Enjoy monthly team events that help turn coworkers into lifelong friends.
Wellness - Enjoy subsidized ClassPass memberships. Take advantage of regular yoga, meditation, and other wellness programming.
Perks - Be an owner, not an employee. Get time off whenever you need it. Take a sabbatical. Invest in your future financially and with professional learning and development opportunities.

Risks

Increased competition from new PEO market entrants like Remote and Multiplier.
Challenges in integrating Via's platform may lead to operational inefficiencies.
Currency exchange rate fluctuations could impact International Contractor Payments tool profitability.

Differentiation

Justworks offers a comprehensive PEO platform for small to medium-sized businesses.
The company provides 24/7 human support and on-demand expertise for its clients.
Justworks integrates payroll, HR, and compliance into a single, user-friendly platform.

Upsides

Acquisition of Via enhances Justworks' global service offerings and market reach.
Launch of International Contractor Payments tool caters to global workforce management needs.
Participation in TechCrunch Disrupt 2024 boosts networking and client exposure opportunities.

Funding

Total raised$155.48 M
Latest valuation$84.20 M
StageLATE_VC