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How HR Cloud CEO Damir Davidovic grew HR Cloud to $10.8M revenue with a 69 person team in 2024.

Developer of human resource software and solutions intended to empower the whole team. The company is a global provider of employee-centric solutions including SaaS applications for on/off-boarding, communications, engagement for businesses while also offering custom-tailored hr solutions for various industries.

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HR Cloud Revenue

In 2024, HR Cloud's revenue reached $10.8M. The company previously reported $6.4M in 2023. Since its launch in 2012, HR Cloud has shown consistent revenue growth.

HR Cloud Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M2012201420162018202020222024$0$5M$6M$11MSource: GetLatka.com
YearMilestone
2024HR Cloud Hit $10.8m revenue in October 2024
2023HR Cloud Hit $6.4m revenue in October 2023
2021HR Cloud Hit $4.7m revenue in April 2021
2012Launched with $0 revenue

HR Cloud Valuation, Funding Rounds

HR Cloud is a bootstrapped HRMS & HCM Software startup. Founded in 2012, HR Cloud has grown to $10.8M in revenue without raising any venture capital or outside funding.

As a self-funded HRMS & HCM Software SaaS company, HR Cloud has built its business with no outside investment.

HR Cloud Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120122012 cumulative: $0 • 2012 Founded: $02012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

HR Cloud Employees & Team Size

HR Cloud employs approximately 69 people as of 2026.

HR Cloud has 69 total employees in different roles and functions and 7 sales reps that carry a quota.

HR Cloud Team GrowthReported headcount over time015304560752012201420162018202020222024006969Source: GetLatka.com
YearMilestone
2024Reached 69 employees (December 2024)
2024Reached 69 employees (October 2024)
2023Reached 69 employees (October 2023)
2022Reached 70 employees (October 2022)
2021Reached 61 employees (December 2021)
2021Reached 56 employees (April 2021)

Founder / CEO

Damir Davidovic

Damir Davidovic serves as Chief Executive Officer of NEOGOV Inc. at Sigma Data Systems, Inc. Damir Davidovic is the Chief executive officer at HR Cloud. Additionally, Damir Davidovic has had 1 past job as the Chief executive officer at NEOGOV.

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Customers

We do not have customer count information for HR Cloud yet.

Frequently Asked Questions about HR Cloud

What is HR Cloud's revenue?

HR Cloud generates $10.8M in revenue.

Who founded HR Cloud?

HR Cloud was founded by Damir Davidovic.

Who is the CEO of HR Cloud?

The CEO of HR Cloud is Damir Davidovic.

How much funding does HR Cloud have?

HR Cloud raised $0.

How many employees does HR Cloud have?

HR Cloud has 69 employees.

Where is HR Cloud headquarters?

HR Cloud is headquartered in El Segundo, California, United States.

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Compare HR Cloud to the industry

HR Cloud operates across multiple industries. Browse revenue, funding, and growth data for HR Cloud 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 .