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Top 50 Core HR Software Companies Under $1M Revenue (August 2026)

As of August 2026, Latka tracks 65 core HR software companies under $1M in annual revenue. They have combined revenues of $36M and employ 384 people. They have raised $2M and serve 1M customers combined.

Every company below sells core HR software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Core HR Software Companies do

Core HR Software is a centralized digital platform designed to manage essential human resources functions and employee data across organizations. It typically includes features such as employee record management, payroll processing, benefits administration, and compliance tracking, facilitating streamlined HR workflows and enhanced organizational efficiency. This category of software is primarily used by HR departments, enabling them to automate routine tasks, ensure regulatory compliance, and improve employee experience. Common workflows include onboarding new employees, tracking performance, managing compensation, and handling employee inquiries. Buyer personas typically include HR managers, payroll administrators, and organizational leaders seeking to optimize HR operations.

Companies
65
Revenue
$36M
Funding
$2M
Employees
384

Filters

Sorting: Highest -> Lowest

Filters

Top Core HR Software Companies Under $1M Revenue

Showing 10 of 65 companies ranked by annual revenue.

1Canopy Workforce Solutions logo
Canopy Workforce Solutions

Atlanta, Georgia, United States

Whether you're re-keying employee data across spreadsheets or trying to sync several HR systems, Canopy allows you to manage all your HR software and employee data using ONE platform. Unlike with other HCM/HRM systems, Canopy users can both view AND MODIFY their HR data in just one location. When modifying your benefits, payroll, recruiting, time, and other HR data in Canopy, changes are automatically routed back and reflected within your originating application, software, or system of record! Our solution begins with a Core package that goes beyond just addressing basic needs. When we say Core – we mean it. Our basic package provides features that can manage all of the critical areas of HR, such as Employee Tracking, Time & Attendance, PTO, Documents, Benefits, Performance, Recruiting and Payroll. As needed, you have the flexibility to add additional module or services to provide deeper functionality in any core area. HR departments have a big job, but not necessarily a big budget. There is no need to undergo expensive implementations, because the Canopy technology enables these additions seamlessly. All of our modules are priced with the HR department in mind, we have been there and understand the business. The foundation of our business is technology, but our strength lies within our people. All of our customers have a dedicated customer support person who is knowledgeable of the products, how our clients use them, and what needs to be done to make Canopy work for your business. You can contact them for help, or suggestions because they are there for you. When you become a Canopy customer, we look forward to a long relationship where our success is measured by your satisfaction in the products and services we provide.

Revenue
$990K
Year founded
2015
Team size
9
2Kronio logo
Kronio

Lewes, Delaware, United States

SaaS HR multiplatform software

Revenue
$931.4K
Year founded
2019
Team size
5
3COEXSYS logo
COEXSYS

San Diego, California, United States

Enterprise Software SaaS. HR.Projects.Payroll. Timekeeping

Revenue
$911.5K
Customers
500
Year founded
2016
Team size
9
4Paytools logo
Paytools

Melbourne, VIC, Australia

Paytools is the leading payroll management platform for de-risking operations & elevating governance for the payroll function. Reduce payroll risk by centralising operations into a secure, auditable and reportable platform that manages all activities that sit outside the payroll system.

Revenue
$880K
Year founded
2019
Team size
8
5NEOED logo
NEOED

El Segundo, California, United States

NEOED provides a high quality and easy-to-use human capital management (HCM) system to service educational institutions.

Revenue
$880K
Year founded
2020
Team size
8
6roPay logo
roPay

Yaba, Lagos, Nigeria

roPay is an HR/Payroll and Spend management software for African businesses of all sizes and stages roPay eliminates the tedious, time-consuming process of running payroll, letting you pay your staff all at once in less than 5 minutes, so you have your hours back to do more important stuff.

Revenue
$880K
Year founded
2021
Team size
8
7ICHR logo
ICHR

United States

ICHR is a cloud based HR and Payroll On-Demand Technology and Solutions Company. ICHR HR and payroll cloud solutions help clients to optimize their performance by meeting their most critical needs in human capital solutions through smarter process and more efficient cloud technology in order for them to achieve a strategic competitive advantage in managing their people. Visit www.ichr.com to find out more.

Revenue
$880K
Year founded
2010
Team size
8
8Oases Technovations Pvt. Ltd. logo
Oases Technovations Pvt. Ltd.

Ahmedabad, Gujarat, India

Oases Technovations Pvt. Ltd. operates emgage.work, a smart virtual HR management platform built for startups and small-to-medium enterprises, primarily in India. The platform handles the full post-recruitment employee lifecycle, including onboarding, leave and attendance management, payroll, appraisal coordination, and separation management, charging customers on a per-employee-per-month basis. Founded in 2018 by Surendra Varma, a 20-year HR veteran, the company reached 130 customers and 12,000 employees managed on its platform as of early 2023, generating $20,000 per month in revenue. That figure represents roughly 150 percent growth from $8,000 per month recorded one year earlier. The company raised a $100,000 pre-seed round in 2022 from two angel investors, former CEOs from Varma's prior career, selling 20 percent of the business at an implied valuation of $500,000. With a 44-person team and five quota-carrying sales representatives, emgage.work is expanding through cold outreach via LinkedIn Sales Navigator and blog content marketing targeting startup founders.

Revenue
$858K
Customers
130
Year founded
2018
Funding
$100K
Team size
52
9Caidao logo
Caidao

China

Caidao is a Chinese human resource management SaaS provider

Revenue
$840K
Year founded
2015
Team size
10
10Benme logo
Benme

Vilnius, Vilniaus Apskritis, Lithuania

Benme is the personalized employee benefits and suppliers management platform.

Revenue
$832.1K
Year founded
2021
Funding
$169.5K
Team size
5

Frequently asked questions about Core HR Software Companies Under $1M Revenue

How many core HR software companies under $1M in annual revenue are there?

Latka tracks 65 core HR software companies under $1M in annual revenue. Together they generate $36M in annual revenue and employ 384 people.

Which core HR software company under $1M in annual revenue is the largest?

Canopy Workforce Solutions is the largest, with $990K in annual revenue, founded in 2015.

How much revenue does a typical core HR software company under $1M in annual revenue make?

The average core HR software company in this list makes $554.1K a year, across 65 companies with reported revenue. They serve 1M customers combined.

Who are the leading Core HR software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are Canopy Workforce Solutions, Kronio, COEXSYS, Paytools and NEOED.

How much funding have core HR software companies under $1M in annual revenue raised?

The 65 core HR software companies under $1M in annual revenue tracked here have raised $2M in disclosed funding between them.

Related HR Software categories

Inclusion Criteria

- Must provide core functionalities such as employee data management, payroll, and benefits administration. - Should support compliance with labor laws and workplace regulations. - Must enable user-friendly self-service options for employees. - Must streamline HR workflows to improve efficiency. - Not just a recruitment tool; must also encompass broader HR capabilities like performance management and onboarding. - Should enable integration with other business systems to enhance data accessibility.