Paycom
Valuation
$2.5B
2024 Revenue
$1.9B
Customers
37.5K
Funding
$0
Avg ACV
$50.2K
Team
7.3K
Profits
$1
Churn
10%
How Paycom CEO Chad Richison grew Paycom to $1.9B revenue and 37.5K customers in 2024.
Paycom Software, Inc., known simply as Paycom, is an American online payroll and human resource technology provider based in Oklahoma City, Oklahoma.
Last updated
Paycom Revenue
In 2024, Paycom's revenue reached $1.9B. The company previously reported $841.4M in 2020. Since its launch in 1998, Paycom has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Paycom Hit $1.9b revenue in December 2024Source |
| 2020 | Paycom Hit $841.4m revenue in August 2020 |
| 1998 | Launched with $0 revenue |
Paycom Valuation, Funding Rounds
Paycom's most recent disclosed valuation is $2.5B.
Paycom is a bootstrapped HRMS & HCM Software startup. Founded in 1998, Paycom has grown to $1.9B in revenue without raising any venture capital or outside funding.
As a self-funded HRMS & HCM Software SaaS company, Paycom has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Paycom Employees & Team Size
Paycom employs approximately 7.3K people as of 2026, up from 3.7K in 2020.
Paycom has 7.3K total employees in different roles and functions and 613 sales reps that carry a quota. They have 37.5K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 7.3K employees (December 2024) |
| 2020 | Reached 3.7K employees (December 2020) |
| 2020 | Reached 1K employees (August 2020) |
| 2020 | Reached 3.5K employees (June 2020) |
| 2019 | Reached 3.2K employees (December 2019) |
| 2018 | Reached 2.7K employees (December 2018) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Paycom acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Paycom
What is Paycom's revenue?
Paycom generates $1.9B in revenue.
Who founded Paycom?
Paycom was founded by Chad Richison.
Who is the CEO of Paycom?
The CEO of Paycom is Chad Richison.
How much funding does Paycom have?
Paycom raised $0.
How many employees does Paycom have?
Paycom has 7.3K employees.
Where is Paycom headquarters?
Paycom is headquartered in Oklahoma City, Oklahoma, United States.
People Also Viewed
NWN Corporation
NWN Corporation, an information technology (IT) systems integration company, provides networking services and solutions in North America.
Flexport
Platform for global logistics.
Yuanfudao
Yuanfudao is the largest online live course platform servicing primary and secondary school students in China, providing online tutoring services for Chinese students.
Huolala
Huolala is a logistics company providing intelligent freight information sharing, personal goods transportation, and enterprise freight services. It operates as an internet logistics platform offering same-city and cross-city freight transportation.
Otto Bock HealthCare
Otto Bock HealthCare is a global medical technology company specializing in prosthetics, orthotics, wheelchairs, and exoskeletons. The company focuses on enhancing personal freedom and independence for individuals with mobility challenges.
Yardi
Yardi Systems, Inc. is a private software company that owns yardi.com. The company was founded in 1984 and is headquartered in Santa Barbara, California, USA. Yardi specializes in providing software solutions for the real estate industry, including property management, accounting, investment management, and other related services. The company's software is used by real estate professionals, property managers, investors, and other stakeholders in the industry. Yardi has a global presence, with offices in North America, Europe, Asia, and Australia.
Compare Paycom to the industry
Paycom operates across multiple industries. Browse revenue, funding, and growth data for Paycom 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 .