SmartHRrevenue, valuation & funding
HRMS & HCM SoftwareTokyo, JapanFounded 2013CEO Shoji Miyata
SmartHR is cloud human resources software.
SmartHR revenue
SmartHR has not published its revenue. GetLatka estimates it at about $53.6M a year (October 2024).
All 5 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Jun 2020 | $21M | – |
| Jun 2021 | $29.5M | – |
| Nov 2022 | $39M | – |
| Nov 2023 | $46.4MEST. | GetLatka estimate |
| Oct 2024 | $53.6MEST. | GetLatka estimate |
– source not recorded
SmartHR valuation
SmartHR is privately held, so there is no SmartHR stock to buy. Investors valued it at $1.6B in its June 2021 Series D.
SmartHR funding rounds & investors
SmartHR has raised $194M across five rounds since 2016. The latest was a $115M Series D in June 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Jun 2021 | Series D | $115M | $1.6B |
| Jun 2020 | Debt Financing | $4.5M | – |
| Jun 2019 | Series C | $56.5M | – |
| Jun 2018 | Series B | $13.5M | – |
| Jun 2016 | Series A | $4.5M | – |
| Total raised | $194M |
SmartHR competitors
SmartHR competes most directly with freee.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 freee | $54.6M | $146.6M | 1,966 | 70K | 2012 |
| SmartHR | $53.6M | $194M | 458 | 10K | 2013 |
SmartHR CEO, founders & employees
Shoji Miyata founded SmartHR in 2013 and runs it as CEO. SmartHR has 458 employees (November 2025, LinkedIn), up from 405 a year earlier.
- Shoji MiyataFounder & CEO
All 12 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 458 | |
| Dec 2024 | 405 | |
| Oct 2024 | 267 | |
| Nov 2023 | 267 | – |
| Sep 2023 | 267 | – |
| 2023 | 245 | – |
| Nov 2022 | 226 | – |
| 2022 | 226 | – |
| Nov 2021 | 171 | – |
| Aug 2021 | 171 | – |
| Jun 2021 | 114 | – |
| Nov 2020 | 150 | – |
SmartHR FAQ
What is SmartHR's revenue?
GetLatka estimates SmartHR's revenue at about $53.6M a year (October 2024). The company hasn't published its own figure.
What is SmartHR's valuation?
Investors valued SmartHR at $1.6B in its June 2021 Series D.
How much funding has SmartHR raised?
SmartHR has raised $194M across five funding rounds. The latest was a $115M Series D in June 2021.
Is SmartHR publicly traded?
No. SmartHR is a private company, so its shares aren't traded on a stock exchange.
How many employees does SmartHR have?
SmartHR has 458 employees as of November 2025, according to LinkedIn.
Who is the CEO of SmartHR?
Shoji Miyata is the CEO of SmartHR and founded the company in 2013.
Who founded SmartHR?
Shoji Miyata founded SmartHR in 2013.
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How this page is sourced
3 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 SmartHR? Join the podcast