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Valuation

$11.3M

2020 Revenue

$3.8M

Customers

860K

Funding

$53.3M

Avg ACV

$4

Team

42

Founded

1949

ADP Revenue, Valuation & Funding (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 over time$0$1M$2M$3M$4M1949195119531955195719591961196319651967196919711973197519771979198119831985198719891991199319951997199920012003200520072009201120132015201720192020$0$3.8MSource: GetLatka.com
YearMilestoneSource
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$0$0.2$12.5M$0.4$25M$0.6$37.5M$0.8$50M$1$62.5M1949195119531955195719591961196319651967196919711973197519771979198119831985198719891991199319951997199920012002Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2002Series E$13.3M--
2001Series C$10M--
2000Venture Round$20M--
1999Venture Round$10M--

Founder / CEO

Phil Fauver

CEO

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.

Q&A

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Advice for 20 year old self-

Customers

ADP serves 860K customers.

ADP Employees & Team Size

ADP employs approximately 42 people as of 2026. It serves 860K customers that rely on its solutions.

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

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 across 4 rounds.

How many employees does ADP have?

ADP has 42 employees.

Where is ADP headquarters?

ADP is headquartered in United States.

Compare ADP to the industry

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

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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