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Valuation

$11.3M

2020 Revenue

$3.8M

Customers

860K

Funding

$53.3M

Avg ACV

$4

Team

42

Founded

1949

How ADP CEO Phil Fauver grew ADP to $3.8M revenue and 860K customers in 2020.

Automatic Data Processing, Inc., commonly known as ADP, is an American provider of human resources management software and services.

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ADP Revenue

In 2020, ADP's revenue reached $3.8M. Since its launch in 1949, ADP has shown consistent revenue growth.

ADP Revenue GrowthReported revenue / ARR by year$0$1M$2M$3M$4M1949195119531955195719591961196319651967196919711973197519771979198119831985198719891991199319951997199920012003200520072009201120132015201720192020$0$4MSource: GetLatka.com
YearMilestone
2020ADP Hit $3.8m revenue in August 2020
1949Launched with $0 revenue

ADP Valuation, Funding Rounds

ADP's most recent disclosed valuation is $11.3M.

ADP has raised $53.3M in total funding across 4 rounds, most recently a $13.3M Series E round in 2002.

ADP Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$13M$25M$38M$50M$63M19491951195319551957195919611963196519671969197119731975197719791981198319851987198919911993199519971999200120021949 cumulative: $0 • 1949 Founded: $01999 cumulative: $10M • 1949 Founded: $0 • 1999 Venture Round: $10M2000 cumulative: $30M • 1949 Founded: $0 • 1999 Venture Round: $10M • 2000 Venture Round: $20M2001 cumulative: $40M • 1949 Founded: $0 • 1999 Venture Round: $10M • 2000 Venture Round: $20M • 2001 Series C: $10M2002 cumulative: $53M • 1949 Founded: $0 • 1999 Venture Round: $10M • 2000 Venture Round: $20M • 2001 Series C: $10M • 2002 Series E: $13M$53M1949 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2002Series E$13.3M--
2001Series C$10M--
2000Venture Round$20M--
1999Venture Round$10M--

ADP Employees & Team Size

ADP employs approximately 42 people as of 2026.

ADP has 42 total employees in different roles and functions. They have 860K customers that rely on the company's solutions.

ADP Team GrowthReported headcount over time010203040501949195119531955195719591961196319651967196919711973197519771979198119831985198719891991199319951997199920012003200520072009201120132015201720192020004242Source: GetLatka.com
YearMilestone
2020Reached 42 employees (August 2020)

Founder / CEO

Phil Fauver

For my entire career, I have been associated with the application of leading edge technologies to address the informational challenges of the business community. Along the way, it has been my good fortune to be associated with many gifted and talented people with a passion for improving the way that companies meet their informational demands.

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Customers

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Frequently Asked Questions about ADP

What is ADP's revenue?

ADP generates $3.8M in revenue.

Who founded ADP?

ADP was founded by Phil Fauver.

Who is the CEO of ADP?

The CEO of ADP is Phil Fauver.

How much funding does ADP have?

ADP raised $53.3M.

How many employees does ADP have?

ADP has 42 employees.

Where is ADP headquarters?

ADP is headquartered in United States.

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Compare ADP to the industry

ADP operates across multiple industries. Browse revenue, funding, and growth data for ADP in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

ADP Revenue 2020: $3.8M ARR, $11.3M Valuation