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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.
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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.
PayFit reached a $2.1B valuation in 2025.
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 |
|---|---|---|---|---|---|
| 2025 | - | - | $2.1B | - | |
| 2022 | Series E | $287.5M | $2.1B | 14% |
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PayFit serves 5K customers.
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.
PayFit generates an estimated $155.7M in annual revenue.
PayFit was founded by Firmin Zocchetto.
The CEO of PayFit is Firmin Zocchetto.
PayFit raised $448.5M across 6 rounds.
PayFit has 830 employees.
PayFit is headquartered in Paris, France.
PayFit operates across multiple industries. Browse revenue, funding, and growth data for PayFit in each sector below.
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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Valuation
$2.1B
2024 Revenue
$155.7M(Est.)
Customers
5K
Funding
$448.5M
Avg ACV
$31.1K
Team · 2025
830
Founded
2015
| 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 |
| 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 | - | - |
| 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) |
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