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PayFitrevenue, valuation & funding

Payroll SoftwareParis, FranceFounded 2015CEO Firmin Zocchetto

PayFit is a SaaS (Software as a Service) company that provides cloud-based payroll and HR management solutions for businesses.

payfit.comLinkedInUpdated Sep 10, 2026
Annual revenue
$155.7M
Oct 2024EST.
Valuation
$2.1B
Jan 2022
Total raised
$448.5M
6 rounds
Employees
830
Nov 2025

PayFit revenue

PayFit has not published its revenue. GetLatka estimates it at about $155.7M a year (October 2024).

$0
$50M
$100M
$150M
$40.5M
$74M
$105M
$155.7M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 4 revenue readings, with sources
As ofRevenueSource
Mar 2021$40.5M–
Oct 2022$74MEST.GetLatka estimate
Dec 2023$105M–
Oct 2024$155.7MEST.GetLatka estimate

– source not recorded

PayFit valuation

PayFit is privately held, so there is no PayFit stock to buy. Investors valued it at $2.1B in its January 2022 Series E.

Valuation history$2.1B Series E 2022$27M Series C 2019$60M Series B 2017$15M Series A 2016

PayFit funding rounds & investors

PayFit has raised $448.5M across six rounds since 2016. The latest was a $287.5M Series E in January 2022.

DateRoundRaisedValuation
Jan 2022Series E$287.5M$2.1B
Mar 2021Series D$84M–
Jun 2019Series C$55M$27M
Jul 2017Series B$15.8M$60M
Oct 2016Series A$5.7M$15M
Jan 2016Seed$565.9K–
Total raised$448.5M

PayFit competitors

PayFit competes most directly with Workday, Gusto, Rippling, Justworks and 1 other.

CompanyRevenueFundingEmployeesCustomersFounded
Workday$9.6B$230.6M25K10K2005
Gusto$1B$746M4,008400K2012
Rippling$1B$2.4B5,0002K2016
Justworks$350M$143M1,48212K2012
BambooHR$274M–1,62726K2008
PayFit$155.7M$448.5M8305K2015

PayFit CEO, founders & employees

Firmin Zocchetto founded PayFit in 2015 and runs it as CEO. PayFit has 830 employees (November 2025, LinkedIn).

0
500
1,000
699
1,019
825
825
830
20212022202320242025
ReportedOne figure per year; a reported figure wins over an estimate
All 8 headcount readings, with sources
As ofEmployeesSource
Nov 2025830LinkedIn
Oct 2024825LinkedIn
Oct 2023825LinkedIn
Jul 2023970–
Oct 20221,019LinkedIn
Jan 2022651–
Dec 2021699LinkedIn
Mar 2021330–

PayFit FAQ

How much money does PayFit make?

PayFit has not published its revenue. GetLatka estimates about $155.7M a year (October 2024).

How much is PayFit worth?

Companies don't publish a net worth. The closest figure is PayFit's valuation: $2.1B, set in Jan 2022.

Who owns PayFit?

PayFit is privately held by its founders, employees and investors.

Is PayFit publicly traded?

No. PayFit is a private company, so its shares are not listed on a stock exchange.

How much funding has PayFit raised?

$448.5M across 6 rounds; the latest was a $287.5M Series E in January 2022.

Who is the CEO of PayFit?

Firmin Zocchetto, a co-founder.

Who founded PayFit?

Firmin Zocchetto, in 2015.

How many employees does PayFit have?

About 830 as of November 2025 (LinkedIn).

How this page is sourced

5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun PayFit? Join the podcast