Valuation
$2.1B
2024 Revenue
$155.7M(Est.)
Customers
5K
Funding
$448.5M
Avg ACV
$31.1K
Team · 2025
830
Founded
2015
PayFit Revenue, Valuation & Funding (2024)
PayFit is a SaaS (Software as a Service) company that provides cloud-based payroll and HR management solutions for businesses. The company was founded in 2015 in France and has since expanded to several countries in Europe, including Spain, Germany, Italy, and the UK. PayFit's platform automates administrative HR tasks such as payroll processing, employee data management, and tax reporting, allowing companies to save time and reduce errors. The company has raised several rounds of funding from investors and has grown rapidly in recent years, becoming a leader in the HR tech industry.
Last updated
PayFit Revenue
In 2024, PayFit's revenue reached $155.7M. The company previously reported $105M in 2023. Since its launch in 2015, PayFit has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | PayFit Hit $155.7m revenue in October 2024 | Estimated |
| 2023 | PayFit Hit $105m revenue in December 2023 | |
| 2022 | PayFit Hit $74m revenue in October 2022 | Estimated |
| 2021 | PayFit Hit $40.5m revenue in March 2021 | |
| 2015 | Launched with $0 revenue |
PayFit Valuation, Funding Rounds
PayFit reached a $2.1B valuation in 2022, set during its Series E round.
PayFit has raised $448.5M in total funding across 6 rounds, most recently a $287.5M Series E round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series E | $287.5M | $2.1B | 14% | |
| 2021 | Series D | $84M | - | - | |
| 2019 | Series C | $55M | $27M | 204% | |
| 2017 | Series B | $15.8M | $60M | 26% | |
| 2016 | Series A | $5.7M | $15M | 38% | |
| 2016 | Seed Round | $565.9K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
PayFit serves 5K customers.
PayFit Employees & Team Size
PayFit employs approximately 830 people as of 2026, up from 825 in 2024, including 127 sales reps that carry a quota. It serves 5K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 830 employees (November 2025) | |
| 2024 | Reached 825 employees (October 2024) | |
| 2023 | Reached 825 employees (October 2023) | |
| 2023 | Reached 970 employees (July 2023) | |
| 2022 | Reached 1K employees (October 2022) | |
| 2022 | Reached 651 employees (January 2022) | |
| 2021 | Reached 699 employees (December 2021) | |
| 2021 | Reached 330 employees (March 2021) |
Frequently Asked Questions about PayFit
What is PayFit's revenue?
PayFit generates an estimated $155.7M in annual revenue.
Who founded PayFit?
PayFit was founded by Firmin Zocchetto.
Who is the CEO of PayFit?
The CEO of PayFit is Firmin Zocchetto.
How much funding does PayFit have?
PayFit raised $448.5M across 6 rounds.
How many employees does PayFit have?
PayFit has 830 employees.
Where is PayFit headquarters?
PayFit is headquartered in Paris, France.
Compare PayFit to the industry
PayFit operates across multiple industries. Browse revenue, funding, and growth data for PayFit 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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