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Top Thread HCM Alternatives, Competitors & Similar Software

Founded 2003

Find 3 competitors in the HRMS & HCM Software. Compare other SaaS such as BambooHR, Gusto and Rippling. These Thread HCM competitors have raised $3.2B and together serve more than 428K customers and employ over 10.6K team members.

Compare Thread HCM with BambooHR
1BambooHR logo
BambooHR

HRMS & HCM Software

BambooHR is an American software company that provides human resources (HR) management solutions for businesses. The company was founded in 2008 and is headquartered in Lindon, Utah. BambooHR's cloud-based platform offers features such as applicant tracking, onboarding, performance management, and benefits administration. The company serves a range of industries, including healthcare, finance, manufacturing, and technology. BambooHR has received recognition for its innovation and success in the HR software market, and has won several awards for its products and services.

Revenue
$274M
Customers
26K
Year founded
2008
Funding
-
Team size
1.6K
Location
United States
Compare Thread HCM with Gusto
2Gusto logo
Gusto

HRMS & HCM Software

The company that owns gusto.com is Gusto, formerly known as ZenPayroll, Inc. Gusto is a cloud-based payroll and human resource management software provider based in San Francisco, California, USA. The platform offers a range of services to help small businesses manage their payroll, benefits, and HR-related tasks. Gusto''s services include automated payroll processing, tax filing, employee onboarding, time and attendance tracking, and employee benefits administration. Gusto was founded in 2011 and has since grown rapidly, serving more than 100,000 businesses across the United States. The company has been recognized for its innovative approach to HR and payroll management and has won several awards for its platform and company culture.

Revenue
$735.5M
Customers
400K
Year founded
2012
Funding
$746M
Team size
4K
Location
United States
Compare Thread HCM with Rippling
3Rippling logo
Rippling

HRMS & HCM Software

Rippling is an all-in-one HR and IT platform founded in 2016 by Parker Conrad (CEO) and Prasanna Sankar (Co-founder, Board Member). The company was built on the thesis that the market needed a unified operating system to run a company, covering payroll, insurance, HR, and IT provisioning, with Conrad and Sankar drawing directly on their experience at Zenefits to map out a multi-year product roadmap from day one. As of the March 2019 interview, Rippling had approximately 2,000 paying customers, net revenue retention that had reached 300 percent at the time of its Series A, and had raised a total of roughly 65 million dollars, including a 45 million dollar round led by Kleiner Perkins in early 2018. Sankar indicated that 36 million dollars in ARR was not far away. The company has since grown substantially, reaching 1 billion dollars in revenue by 2026, with total funding of 2.4 billion dollars across 10 rounds and a latest valuation of 16.8 billion dollars as of 2025. The single most striking strategic fact from the early interview is that Rippling spent 10 million dollars and 18 months building its MVP before generating its first dollar of revenue, a deliberate bet that only a broad, fully built product could capture the winner-take-all dynamics Sankar and Conrad had observed firsthand at Zenefits.

Revenue
$1B
Customers
2K
Year founded
2016
Funding
$2.4B
Team size
5K
Location
United States
Top Thread HCM Competitors & Alternatives