PayFit revenue hit $9.6M in 2024

PayFit generates revenue from 5000 customers

PayFit

Paris, France

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How PayFit hit $9.6M revenue and 5K customers in 2023.

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.

Founded

2015

Founded

Revenue

$9.6M

2023 Revenue

YOY

20.8%

YOY

Funding

$495.9M

Funding

PayFit Revenue

In 2023, PayFit revenue run rate hit $9.6M in revenue.

  • 2023

    PayFit hit $9.6M in revenue in 2023

  • 2021

    PayFit hit $6.7M in revenue in 2021

  • 2015

    PayFit launched in 2015 with $0 revenue

PayFit Funding History

  • 2022 Series E

    PayFit raised a Series E of in January, 2022

  • 2021 Series D

    PayFit raised a Series D of in March, 2021

  • 2019 Series C

    PayFit raised a Series C of in June, 2019

  • 2017 Series B

    PayFit raised a Series B of in July, 2017

  • 2016 Series A

    PayFit raised a Series A of in October, 2016

  • 2016 Seed Round

    PayFit raised a Seed Round of in January, 2016

FUNDING DATE ROUND AMOUNT VALUATION
January, 05 2022 Series E
March, 15 2021 Series D
June, 17 2019 Series C
July, 06 2017 Series B
October, 10 2016 Series A
January, 31 2016 Seed Round

Team

PayFit has 825 total employees and 127 sales reps that carry a quota. They have 5,000 customers an engineering team of 73 and a marketing team of 28.

DISTRIBUTION QTY
Total team size 825
Engineer 73 (9%)
Sales 127 (15%)
Marketing 28 (3%)

Founder / CEO

Firmin Zocchetto

Q&A

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Customers

Churn

PayFit Executives

Name Position Working Email Personal Email
Firmin Zocchetto CEO - -

PayFit Employees

Name Position Working Email Personal Email
Firmin Zocchetto CEO - -

Frequently Asked Questions about PayFit

  • When was PayFit founded?

    PayFit was founded in 2015.

  • How much revenue does PayFit generate?

    PayFit generates $9.6M in revenue.

  • Who is the CEO of PayFit

    The CEO of PayFit is Firmin Zocchetto.

  • How much funding does PayFit have?

    PayFit raised $495.9M.

  • How many employees does PayFit have?

    PayFit has 825 employees.

  • Where is PayFit headquarters?

    PayFit is headquartered at Paris, France

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