Paylocity Paylocity is a technology company that specializes in cloud-based human capital and payroll management. | Gusto Gusto (formerly known as ZenPayroll) is a company that develops cloud-based payroll, employee benefits, and HR management software. | |||||||
Founding Date | Founding Date 1986 | Founding Date 2019 | Founding Date 2019 | Founding Date 1992 | Founding Date 1971 | Founding Date 1997 | Founding Date 2012 | Founding Date 2000 |
Type | Type Private | Type Private | Type Subsidiary | Type Subsidiary | Type Public | Type Public | Type Private | Type Subsidiary |
Tags | ||||||||
Locations | Locations West Chester, US HQ Ontario, US Tampa, US | Locations San Francisco, US HQ Amsterdam, NL | Locations Mountain View, US HQ Sydney, AU | Locations Chicago, US HQ Lake Mary, US Louisville, US Meridian, US New York, US Oakland, US Rochester, US see more | Locations San Francisco, US HQ Denver, US New York, US | Locations Glenview, US HQ St. Petersburg, US | ||
Employees | Employees 530 | Employees 9,6744% increase | Employees 2591% decrease | Employees N/A | Employees 16,5001% decrease | Employees 6,10015% increase | Employees 3,5532% increase | Employees 304 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 1 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 46.9 b | Valuation ($) 9.8 b | Valuation ($) 3.8 b | Valuation ($) N/A |
Financial | ||||||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) $1b (FY, 2019) | Revenue (est.) $5.6b (FY, 2025) | Revenue (est.) $1.6b (FY, 2025) | Revenue (est.) $500m (FY, 2023) | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A | Cost of goods $1.5b (FY, 2025) | Cost of goods $498.2m (FY, 2025) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit N/A | Gross profit N/A | Gross profit N/A | Gross profit N/A | Gross profit $4b (FY, 2025) | Gross profit $1.1b (FY, 2025) | Gross profit N/A | Gross profit N/A |
Net income | Net income N/A | Net income N/A | Net income N/A | Net income N/A | Net income $1.7b (FY, 2025) | Net income $227.1m (FY, 2025) | Net income N/A | Net income N/A |
Operating ⚠ | ||||||||
Countries | Countries N/A | Countries N/A | Countries 8 (Mar, 2021) | Countries N/A | Countries N/A | Countries N/A | Countries 120 (Feb, 2024) | Countries N/A |
Enterprise Customers | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers 740 k (FY, 2023) | Enterprise Customers 36.2 k (FY, 2023) | Enterprise Customers 300 k (Feb, 2024) | Enterprise Customers N/A |
Product Categories | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories 8 (Jul, 2023) | Product Categories N/A | Product Categories N/A | Product Categories 3 (Feb, 2024) | Product Categories N/A |
Subscription Plans | Subscription Plans 3 (Mar, 2023) | Subscription Plans N/A | Subscription Plans N/A | Subscription Plans 4 (Jul, 2023) | Subscription Plans N/A | Subscription Plans N/A | Subscription Plans N/A | Subscription Plans N/A |
Funding | ||||||||
Latest funding round | Latest funding round N/A | Latest funding round $ 150m (almost 5 years ago) | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round $ 55m (about 4 years ago) | Latest funding round N/A |
Total funding raised | Total funding raised N/A | Total funding raised $ 195.9m | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 10m | Total funding raised $ 746.1m | Total funding raised $ 8m |

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