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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.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
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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We do not have customer count information for HR Cloud yet.
HR Cloud employs approximately 69 people as of 2026, including 7 sales reps that carry a quota.
HR Cloud generates an estimated $10.8M in annual revenue.
HR Cloud was founded by Damir Davidovic.
The CEO of HR Cloud is Damir Davidovic.
HR Cloud is bootstrapped and has not raised outside funding.
HR Cloud has 69 employees.
HR Cloud is headquartered in El Segundo, California, United States.
HR Cloud operates across multiple industries. Browse revenue, funding, and growth data for HR Cloud in each sector below.
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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2024 Revenue
$10.8M(Est.)
Funding
$0
Team
69
Founded
2012
| Year | Milestone | Source |
|---|---|---|
| 2024 | HR Cloud Hit $10.8m revenue in October 2024 | Estimated |
| 2023 | HR Cloud Hit $6.4m revenue in October 2023 | Estimated |
| 2021 | HR Cloud Hit $4.7m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 69 employees (December 2024) | |
| 2024 | Reached 69 employees (October 2024) | |
| 2023 | Reached 69 employees (October 2023) | |
| 2022 | Reached 70 employees (October 2022) | |
| 2021 | Reached 61 employees (December 2021) | |
| 2021 | Reached 56 employees (April 2021) |
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