Employment Herorevenue, valuation & funding
Employee Intranet SoftwareSydney, New South Wales, AustraliaFounded 2014CEO Ben Thompson
Employment Hero is an Australian human resources (HR) and payroll software company that provides a cloud-based platform for small and medium-sized businesses.
- Valuation
- $1.4B
Employment Hero revenue
Employment Hero has not published its revenue. GetLatka estimates it at about $152.8M a year (October 2024).
All 7 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Jun 2016 | $1M | – |
| Aug 2020 | $13M | – |
| Feb 2021 | $19.5M | – |
| Jul 2021 | $52.7M | – |
| Nov 2022 | $84.2M | – |
| Nov 2023 | $122.9MEST. | GetLatka estimate |
| Oct 2024 | $152.8MEST. | GetLatka estimate |
– source not recorded
Employment Hero valuation
Employment Hero is privately held, so there is no Employment Hero stock to buy. Investors valued it at $1.4B.
Valuation history$901M Series E 2021$159.4M Series D 2021
Employment Hero funding rounds & investors
Employment Hero has raised $164.1M across seven rounds since 2015. The latest was a $102.7M Series E in July 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Jul 2021 | Series E | $102.7M | $901M |
| Mar 2021 | Series D | $33.7M | $159.4M |
| Jul 2019 | Series C | $15M | – |
| Mar 2018 | Series B | $8M | – |
| Nov 2016 | Series A | $1.5M | – |
| Jun 2016 | Series A | $2.2M | – |
| Feb 2015 | Debt Financing | $1M | – |
| Total raised | $164.1M |
Employment Hero competitors
Employment Hero competes most directly with Workday, Gusto, Rippling and BambooHR.
Workday
Gusto
Rippling
BambooHREmployment Hero CEO, founders & employees
Ben Thompson founded Employment Hero in 2014 and runs it as CEO. Employment Hero has 1,711 employees (November 2025, LinkedIn), up from 1,315 a year earlier.
- Ben ThompsonFounder & CEO
BoardMichelle Deaker, Adrian Bunter
All 13 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 1,711 | |
| Oct 2024 | 1,315 | |
| Nov 2023 | 770 | – |
| Sep 2023 | 770 | – |
| Jul 2023 | 635 | – |
| 2023 | 631 | – |
| Nov 2022 | 550 | – |
| 2022 | 550 | – |
| Nov 2021 | 344 | – |
| Aug 2021 | 344 | – |
| Jul 2021 | 291 | – |
| Feb 2021 | 238 | – |
| Nov 2020 | 295 | – |
Employment Hero FAQ
What is Employment Hero's revenue?
GetLatka estimates Employment Hero's revenue at about $152.8M a year (October 2024). The company hasn't published its own figure.
What is Employment Hero's valuation?
Investors valued Employment Hero at $1.4B.
How much funding has Employment Hero raised?
Employment Hero has raised $164.1M across seven funding rounds. The latest was a $102.7M Series E in July 2021.
Is Employment Hero publicly traded?
No. Employment Hero is a private company, so its shares aren't traded on a stock exchange.
How many employees does Employment Hero have?
Employment Hero has 1,711 employees as of November 2025, according to LinkedIn.
Who is the CEO of Employment Hero?
Ben Thompson is the CEO of Employment Hero and founded the company in 2014.
Who founded Employment Hero?
Ben Thompson founded Employment Hero in 2014.
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How this page is sourced
2 from public sources · 2 estimates. 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 Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun Employment Hero? Join the podcast