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Paylocity
AddedMar 19, 2024
UpdatedJul 4, 2026
Paylocity

Paylocity

Public

Leading provider of cloud-based HR software solutions in Illinois since 1997.

HQ
Schaumburg, IL, US
Founded
2013
Overview
Compare
Fundraising
Employees
News
Website

Founded in 1997 by Steve Sarowitz, Paylocity Holding Corporation is a leading provider of cloud-based payroll and human capital management (HCM) software solutions. Headquartered in Schaumburg, Illinois, the company focuses on serving medium-sized organizations across North America. Paylocity offers a comprehensive suite of services including payroll processing, time and labor tracking, benefits administration, and talent management. Their mission is to elevate payroll and HCM processes through innovative technology, enhancing the overall efficiency and experience for their clients.

Notable figures associated with Paylocity include founder and chairman Steve Sarowitz and key executive Steve Beauchamp. The company is publicly traded on Nasdaq under the ticker symbol PCTY and is a component of the S&P 400. Over the years, Paylocity has achieved significant milestones, including expanding its presence with multiple locations across the U.S. and consistently being recognized for its robust software solutions. The impact of Paylocity's offerings has been profound, streamlining HR operations for numerous organizations and contributing to the evolution of cloud-based HCM technologies.

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Paylocity - Quick Facts

Who are Paylocity's competitors?

Companies similar to Paylocity include Paycom Software, Paycor, Inova Payroll and Namely.

When was Paylocity founded?

Paylocity was founded in 2013.

Where is Paylocity's headquarters located?

Paylocity's headquarters is located in Schaumburg, IL, US.

How much has Paylocity raised to-date?

As of Mar 19, 2014, Paylocity has raised a total of $10M (USD).

How many employees does Paylocity have?

Paylocity has 140 employees as of Feb 6, 2024.

Paylocity - Classification

Ownership
  • Public
Technology
  • Cloud
Geographic Exposure
  • North America
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
  • Small Business
Main Product
  • HCM
  • Payroll
Tags
  • HR Tech
  • SaaS
Unique IDs
  • secCik: 0001591698
  • ticker: PCTY
NAICS
  • 518000Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
  • 518200Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
  • 510000Information
  • 518210Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7379Computer Related Services, Not Elsewhere Classified
ISIC
  • 1820Reproduction of recorded media
  • 5820Software publishing
Show 20 more industry codes
NAICS
  • 334100Computer and Peripheral Equipment Manufacturing
  • 334600Manufacturing and Reproducing Magnetic and Optical Media
  • 513200Software Publishers
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 330000Manufacturing
  • 334000Computer and Electronic Product Manufacturing
  • 513000Publishing Industries
  • 541000Professional, Scientific, and Technical Services
  • 334110Computer and Peripheral Equipment Manufacturing
  • 334610Manufacturing and Reproducing Magnetic and Optical Media
  • 513210Software Publishers
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 5700Home Furniture, Furnishings, And Equipment Stores
  • 6000Depository Institutions
  • 5730Radio, Television, Consumer Electronics, And Music Stores
  • 5734Computer And Computer Software Stores
  • 7371Computer Programming Services
  • 7372Prepackaged Software