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How Zimyo CEO Kumar Mayank grew Zimyo to $18.1M revenue with a 127 person team in 2023.

Zimyo HRMS, a cloud-based HR software that automates the HR processes for businesses of any scale. An end-to-end SaaS solution to streamline HR operations and manage complete employee lifecycle from hire to retire.

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Zimyo Revenue

In 2023, Zimyo's revenue reached $18.1M. The company previously reported $8.3M in 2022. Since its launch in 2018, Zimyo has shown consistent revenue growth.

Zimyo Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M201820192020202120222023$0$6M$7M$8M$18MSource: GetLatka.com
YearMilestone
2023Zimyo Hit $18.1m revenue in November 2023
2022Zimyo Hit $8.3m revenue in November 2022
2022Zimyo Hit $8.3m revenue in March 2022
2021Zimyo Hit $7m revenue in November 2021
2020Zimyo Hit $5.8m revenue in September 2020
2018Launched with $0 revenue

Zimyo Valuation, Funding Rounds

Zimyo has not publicly disclosed its valuation. The company has raised $3.7M in total funding to date.

Zimyo has raised $3.7M in total funding across 2 rounds, most recently a $2.2M Corporate Round round in 2022.

Zimyo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$2M$3M$4M201820192020202120222018 cumulative: $0 • 2018 Founded: $02020 cumulative: $2M • 2018 Founded: $0 • 2020 Seed Round: $2M2022 cumulative: $4M • 2018 Founded: $0 • 2020 Seed Round: $2M • 2022 Corporate Round: $2M$4M2018 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Corporate Round$2.2M--
2020Seed Round$1.5M--

Zimyo Employees & Team Size

Zimyo employs approximately 127 people as of 2026, down from 145 in 2023.

Zimyo has 127 total employees in different roles and functions and 6 sales reps that carry a quota.

Zimyo Team GrowthReported headcount over time04080120160201820192020202120222023202400127127Source: GetLatka.com
YearMilestone
2024Reached 127 employees (December 2024)
2023Reached 145 employees (November 2023)
2023Reached 145 employees (September 2023)
2023Reached 118 employees (January 2023)
2022Reached 69 employees (November 2022)
2022Reached 69 employees (March 2022)
2022Reached 83 employees (January 2022)
2021Reached 84 employees (November 2021)
2021Reached 84 employees (August 2021)
2020Reached 64 employees (November 2020)
2020Reached 64 employees (September 2020)

Founder / CEO

Kumar Mayank

Kumar Mayank, Co-founder & CEO, Zimyo Gurugram-based Zimyo is a unique human resources management system (HRMS) platform for SMBs that is focused on driving financial inclusion. Founded by Kumar Mayank and Ajay Kadyan, the startup aspires to bring its SaaS platform and financial solutions to over 200 million SMB employees. It has over 150 clients across India for which it manages HR and payrolls for 32,000 employees.

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Customers

We do not have customer count information for Zimyo yet.

Frequently Asked Questions about Zimyo

What is Zimyo's revenue?

Zimyo generates $18.1M in revenue.

Who founded Zimyo?

Zimyo was founded by Kumar Mayank.

Who is the CEO of Zimyo?

The CEO of Zimyo is Kumar Mayank.

How much funding does Zimyo have?

Zimyo raised $3.7M.

How many employees does Zimyo have?

Zimyo has 127 employees.

Where is Zimyo headquarters?

Zimyo is headquartered in United States.

Compare Zimyo to the industry

Zimyo operates across multiple industries. Browse revenue, funding, and growth data for Zimyo in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Zimyo Revenue 2023: $18.1M ARR, $3.7M Raised