Justworks
Founded Year
2012Stage
Unattributed | AliveTotal Raised
$159.8MLast Raised
$16.8M | 2 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-111 points in the past 30 days
About Justworks
Justworks operates within the human resources and payroll services sector. The company offers a platform that provides access to benefits, payroll processing, HR tools, and compliance support, aimed at businesses in managing their workforce. Justworks primarily serves small to medium-sized businesses seeking HR and payroll solutions. It was founded in 2012 and is based in New York, New York.
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ESPs containing Justworks
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The human resource outsourcing (HRO) market offers companies the ability to outsource a variety of HR functions, including payroll, benefits administration, employee training, and compliance management. These providers deliver both technology platforms and specialized expertise to handle HR processes that may be difficult for organizations to manage internally. HRO services help businesses achieve…
Justworks named as Outperformer among 15 other companies, including Workday, Paychex, and ADP.
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Research containing Justworks
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Justworks in 2 CB Insights research briefs, most recently on Nov 3, 2025.
Nov 3, 2025 report
Tech IPO Pipeline 2026: Book of Scouting Reports
Jun 6, 2025
The SMB fintech market mapExpert Collections containing Justworks
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Justworks is included in 8 Expert Collections, including HR Tech.
HR Tech
6,260 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,309 items
SMB Fintech
2,003 items
Payments
3,277 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech 100
250 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Fintech
9,809 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Justworks News
Nov 11, 2025
Supporting data: 62% of zillennials use ChatGPT to review healthcare plans. Forward look: Prepare for AI and social platforms to reshape benefits education and enrollment. Source: Bullets generated by AI with editorial review For many young workers, picking the right healthcare plan during can be a daunting task. A new report by HR and payroll platform Justworks and The Harris Poll lays out the struggles of zillennials with "planxiety" and "choice paralysis." Zillennials fall in the microgeneration between millennials and Gen Z. A lot of it just comes down to inexperience, says David Feinberg, senior vice president of risk and insurance at Justworks. "Many of them are enrolling for the first time and rolling off their parents' plans," Feinberg said. Instead of relying on traditional resources like an increasing number of zillennials are turning to nontraditional tools such as AI and social media for advice on how to choose a healthcare plan that best suits their needs. One in five in this demographic say they lack confidence choosing health insurance, and over half say they don't know much about the process because they've never had to choose their own plan. This confusion can cost both employees and employers more money and time in the long run, says Feinberg, underscoring the Tapping into FSAs and HSAs The Justworks report also highlights the underutilization of two important healthcare benefits: Flexible spending accounts and health savings accounts. Most zillennials are aware of FSAs and HSAs but just 30% have one. Only about 20% actually use the tax-advantaged accounts and understand the benefits. Millennials are more familiar with these accounts than Gen Z — 53% to 35% — indicating a generational gap in financial literacy around health benefits. Read more: "It's challenging. I don't think anybody has cracked the code," Feinberg says of the low usage rates. He suggests that benefit managers explain the perks of HSAs and FSAs as part of a larger overview of Making people feel confident Selecting the right health care plan is a very personal decision, and Feinberg says it's important to give employees the tools they need so they feel confident in their coverage decisions. Read more: Sometimes that can be as simple as using an analogy that young people can relate to. Feinberg uses the example of renters and auto insurance — two policies that most zillennials are familiar with. A healthcare plan "upgrades very much like a deductible on a car," Feinberg says. "You're making decisions: Do I want a $250 deductible, $500 or $1,000? And so if you draw those analogies, I find that it tends to become more intuitive for people in terms of what they're picking."
Justworks Frequently Asked Questions (FAQ)
When was Justworks founded?
Justworks was founded in 2012.
Where is Justworks's headquarters?
Justworks's headquarters is located at Church Street Station, New York.
What is Justworks's latest funding round?
Justworks's latest funding round is Unattributed.
How much did Justworks raise?
Justworks raised a total of $159.8M.
Who are the investors of Justworks?
Investors of Justworks include Index Ventures, Thrive Capital, Bain Capital Ventures, Redpoint Ventures, FirstMark Capital and 11 more.
Who are Justworks's competitors?
Competitors of Justworks include Hourly, Niural, Paycor, OnPay, Oyster and 7 more.
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Compare Justworks to Competitors
BambooHR operates as a human resource software provider offering a cloud-based Human Resources Information System (HRIS), which centralizes employee data, payroll, time tracking, benefits administration, and performance management. BambooHR provides tools for hiring, onboarding, and enhancing employee experience. It was founded in 2008 and is based in Draper, Utah.
Gusto provides payroll processing, employee benefits, and human resources management services within the financial technology sector. It offers a platform that facilitates these services and provides support to businesses. Gusto was formerly known as ZenPayroll. It was founded in 2011 and is based in San Francisco, California.
Deel specializes in global payroll and human resource (HR) solutions for businesses. The company offers services that assist with onboarding, compliance, and team management, including payroll processing, contractor management, human resources information system (HRIS) integration, and immigration support. It serves sectors that require international workforce management, such as technology, finance, and professional services. Deel was formerly known as Lifeslice. It was founded in 2019 and is based in San Francisco, California.
Rippling operates as a workforce management system integrating human resources (HR), information technology (IT), and finance functions to enhance business operations. The company's main offerings include human capital management, payroll processing, IT security and device management, and corporate spend management, aimed at automating various business processes. Rippling serves sectors such as technology, healthcare, retail, and professional services, offering solutions for startups, small businesses, mid-sized companies, and enterprises. It was founded in 2016 and is based in San Francisco, California.
Zuman offers cloud-based human resources, payroll, and benefits administration services within the HR technology industry. The company provides a solution that integrates HR management, payroll processing, and benefits administration, focusing on employee needs, cost control, and compliance. Zuman serves growing companies that require HR outsourcing solutions. It was founded in 2012 and is based in Pleasanton, California.
OnPay provides cloud-based payroll, human resource (HR), and benefits services for small to mid-sized businesses across various sectors. The company offers services that handle the payroll process, tax payments and filings, and employee benefits such as health insurance, retirement plans, and workers' compensation. It serves small businesses, nonprofits, restaurants, and other organizations that require payroll and HR management. It was founded in 2011 and is based in Atlanta, Georgia.
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