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 MiyataCo-founder & 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
How much money does SmartHR make?
SmartHR has not published its revenue. GetLatka estimates about $53.6M a year (October 2024).
How much is SmartHR worth?
Companies don't publish a net worth. The closest figure is SmartHR's valuation: $1.6B, set in Jun 2021.
Who owns SmartHR?
SmartHR is privately held by its founders, employees and investors.
Is SmartHR publicly traded?
No. SmartHR is a private company, so its shares are not listed on a stock exchange.
How much funding has SmartHR raised?
$194M across 5 rounds; the latest was a $115M Series D in June 2021.
Who is the CEO of SmartHR?
Shoji Miyata, a co-founder.
Who founded SmartHR?
Shoji Miyata, in 2013.
How many employees does SmartHR have?
About 458 as of November 2025 (LinkedIn).
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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