2024 Revenue
$10.8M
Funding
$0
YOY
69.3%
Team
69
Founded
2012
How HR Cloud CEO Damir Davidovic grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | HR Cloud Hit $10.8m revenue in October 2024 | |
| 2023 | HR Cloud Hit $6.4m revenue in October 2023 | |
| 2021 | HR Cloud Hit $4.7m revenue in April 2021 | |
| 2012 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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.
Q&A
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|---|---|
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Customers
We do not have customer count information for HR Cloud yet.
HR Cloud Employees & Team Size
HR Cloud employs approximately 69 people as of 2026, including 7 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 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) |
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.
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.
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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