ADPrevenue, acquisition & funding
Core HR SoftwareUnited StatesFounded 1949
ADP was acquired.
ADP is a Core HR Software company based in the United States, founded in 1949.
ADP revenue
ADP's annual revenue was $3.8M in August 2020, its last figure before its buyer bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $3.8M | – |
– source not recorded
Who owns ADP
Another company owns ADP. The date and price of the deal are not on record.
ADP funding rounds & investors
ADP has raised $53.3M across four rounds since 1999. The latest was a $13.3M Series E in March 2002.
| Date | Round | Raised |
|---|---|---|
| Mar 2002 | Series E | $13.3M |
| Oct 2001 | Series C | $10M |
| May 2000 | Venture | $20M |
| Feb 1999 | Venture | $10M |
| Total raised | $53.3M |
ADP CEO, founders & employees
Phil Fauver founded ADP in 1949 and led it as CEO. ADP had 42 employees (August 2020).
- Phil FauverFounder & CEO
ADP FAQ
What was ADP's revenue?
Before it was acquired, ADP's annual revenue was $3.8M in August 2020 (source not recorded).
How much funding has ADP raised?
ADP raised $53.3M across four funding rounds before it was acquired. The last was a $13.3M Series E in March 2002.
How many employees does ADP have?
ADP had 42 employees in August 2020.
Who founded ADP?
Phil Fauver founded ADP in 1949.
How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun ADP? Join the podcast