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Top 5 Employer of Record Software Companies With $10M–$100M Revenue (September 2026)

As of September 2026, Latka tracks 5 employer of record software companies with $10M–$100M in annual revenue. They have combined revenues of $274.2M and employ 2K people. They have raised $360.4M and serve 80 customers combined.

Every company below sells employer of record 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 Employer of Record Software Companies do

Employer of Record (EOR) Software is a solution that facilitates the hiring and management of employees in locations where a company does not have a legal entity. It allows businesses to hire talent internationally while effectively managing payroll, benefits, and compliance with local labor laws. By leveraging EOR services, organizations can focus on core business operations without the complexities associated with establishing local subsidiaries or navigating diverse regulatory environments. Typical features of EOR software include payroll processing, tax management, employee onboarding, and administration of benefits. Companies often use this type of software when expanding into new markets, hiring remote workers, or converting freelancers into full-time employees. Common buyers of EOR software include HR professionals, finance teams, and organizations with a global workforce looking to simplify employment processes across various jurisdictions.

Companies
5
Revenue
$274.2M
Funding
$360.4M
Employees
2K

Filters

Sorting: Highest -> Lowest

Filters

Top Employer of Record Software Companies With $10M–$100M Revenue

Showing 5 of 5 companies ranked by annual revenue.

1Oyster logo
Oyster

Wilmington, Delaware, United States

Talent without borders - Oyster makes it easy to hire, pay, and give great benefits to your distributed team around the world

Revenue
$96.6M
Customers
80
Year founded
2020
Funding
$283.2M
Team size
573
2Mercans logo
Mercans

London, England, United Kingdom

Mercans is an industry-disrupting HRO services and global mobility specialist provider. We deliver global payroll outsourcing services, multi-country PEO GEO EOR solutions, international talent management, business process outsourcing support, incorporation services, and local compliance consulting. Supported by 800+ in-country payroll and HR consultants with direct, in-depth, local knowledge, we empower businesses with timely, scalable results, bottom-line savings, and military-grade data security (zero security breaches since inception) without intermediaries. We have earned major multinational companies' trust, helping them expand abroad quickly at reduced operational costs, without the need for them to create local legal entities. We already satisfy 8,000+ clients across 160+ countries (5,000+ for global payroll only, with an average of 9M+ payslips per annum). Our proprietary payroll and HRM SaaS products HR Blizz™ and Mesaar™ are self-service tools packed with built-in features. All data are integrated into single interfaces with customizable dashboards accessible on any device. They are compatible with standard HRMS like SuccessFactors, Workday, Oracle HCM, and MS Dynamics. In all our locations, our systems and processes are GDPR compliant, ISO 9001, 20000, 27001 certified, and SOC 1 and SOC 2 audited. A registered Finpro expert, we are also a member of the Global Payroll Association (GPA) and the Global Payroll Management Institute (GPMI). Our clients include Accenture, Adidas, Airbus, ATKearney, Audi, Bayer, Bombardier, Electrolux, Ericsson, EY, Johnson & Johnson, Kärcher, McLaren, Nokia, Tesla, Uber, 3M, and more. Services offered: - Multi-Country Payroll Outsourcing Services - International HRO PEO GEO EOR RPO Solutions - Global Talent Acquisition and RPO Services - International BPO Services - Multi-Country Payroll and HR Management SaaS - Local Statutory Compliance (Tax & Legal) For support or advice, please contact us at +1-877-637-2267.

Revenue
$77M
Team size
243
3Multiplier logo
Multiplier

New York, New York, United States

Multiplier is a global employment platform designed to simplify international hiring, onboarding, payroll, compliance, and benefits management for companies. It allows businesses to hire talent across borders quickly, efficiently, and compliantly without needing to set up their own legal entities or subsidiaries.

Revenue
$55.7M
Year founded
2020
Funding
$77.2M
Team size
791
4Horizons logo
Horizons

Singapore, Singapore, Singapore

Horizons is a leading international Employer of Record (EOR) technology company, revolutionizing the way companies hire talent from around the world. With our innovative platform, you can now easily hire anyone, anywhere, with confidence. Our platform enables you to find top talent, while we handle all the compliance, payroll and payment complexities through our already-established local infrastructure in over 100 countries. Whether you're looking to hire independent contractors or full-time employees, we've got you covered. And the best part? Getting set up takes just a few minutes. With a commitment to be most customer-centric employer of record, Horizons has become a trusted partner to over 3,000 businesses, from small and medium-sized enterprises to publicly traded companies. Our diverse customer base is a testament to our ability to meet the unique needs of businesses of all sizes, making global hiring easier and more accessible for everyone.

Revenue
$22.6M
Year founded
2018
Team size
205
5WorkMotion logo
WorkMotion

United States

WorkMotion is a global HR platform enabling companies to hire & onboard their employees internationally, at the push of a button. It is our mission to create opportunities for anyone to work from anywhere. As work is becoming even more global and remote, there has never been a bigger chance to build a truly global HR-tech company.

Revenue
$22.3M
Year founded
2020
Team size
203

Frequently asked questions about Employer of Record Software Companies With $10M–$100M Revenue

How many employer of record software companies with $10M–$100M in annual revenue are there?

Latka tracks 5 employer of record software companies with $10M–$100M in annual revenue. Together they generate $274.2M in annual revenue and employ 2K people.

Which employer of record software company with $10M–$100M in annual revenue is the largest?

Oyster is the largest, with $96.6M in annual revenue, founded in 2020.

How much revenue does a typical employer of record software company with $10M–$100M in annual revenue make?

The average employer of record software company in this list makes $54.8M a year, across 5 companies with reported revenue. They serve 80 customers combined.

Who are the leading Employer of Record software vendors with $10M–$100M in annual revenue?

Ranked by annual revenue, the leaders are Oyster, Mercans, Multiplier, Horizons and WorkMotion.

How much funding have employer of record software companies with $10M–$100M in annual revenue raised?

The 5 employer of record software companies with $10M–$100M in annual revenue tracked here have raised $360.4M in disclosed funding between them.

Related HR Software categories

Inclusion Criteria

- Must provide payroll processing and compliance management functionalities - Should support multi-country employment scenarios - Needs to include features for employee benefits administration - Must offer onboarding tools for new hires - Not just for payroll; must also provide full employment administration services - Should facilitate the legal hiring of employees in jurisdictions without a local entity - Must enable reporting and analytics for employee-related metrics