Top Qs
Timeline
Chat
Perspective
Paylocity
American financial software company From Wikipedia, the free encyclopedia
Remove ads
Paylocity Holding Corporation is an American provider of cloud-based payroll and human capital management (HCM) software.[3]
 | This article contains promotional content. (March 2025) |
Remove ads
History
The company was founded by Steve Sarowitz in 1997 as Ameripay Payroll Ltd.[4] It was renamed Paylocity in December 2005.[4][5] It relocated from Franklin Park, Illinois to Elk Grove Village, and later to Arlington Heights. The company moved its headquarters into a 309,000 square foot office in the former headquarters of Zurich Insurance North America in Schaumburg, Illinois.[6]
It was one of the 5,000 fastest growing private companies according to Inc. Magazine in 2003, 2004, and from 2007 to 2014.[7] The company was also included in the Deloitte Fast 500 as one of the fastest growing technology companies in 2013,[8] 2014,[9] and 2015.[10]
Paylocity held an initial public offering in March 2014, raising about $120 million.[11]
In 2021, Paylocity was listed at #51 in Fortune's 100 Fastest Growing Companies for 2021.[12]
In September 2024, Paylocity announced that it would acquire Airbase Inc., a spending management software company.[13]
Remove ads
References
External links
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads