February 17, 2026

10 Fastest Growing HRIS and Payroll Tech Companies and Startups

Discover the 10 fastest-growing HRIS and payroll tech companies transforming HR with AI, including funding details, valuations, and leadership insights for 2025.
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Table of Contents

Major Takeaways

What's driving the explosive growth in HR technology investment?
AI adoption in HR functions has surged to 43% of organizations in 2025, up from 26% in 2024, fundamentally transforming hiring and workforce management. This technological shift, combined with global workforce expansion needs, has driven unprecedented investment in both comprehensive platforms and specialized AI-native solutions.
Which types of HR tech companies are dominating the market?
The market is split between mega-funded comprehensive platforms like Rippling ($16.8B valuation) and Deel ($12B valuation) serving thousands of enterprise customers, and specialized AI-native innovators like Juicebox and Warp that are redefining categories with autonomous AI agents requiring minimal human intervention.
How can HR tech companies accelerate their own growth?
Leading HR technology companies use AI-powered go-to-market platforms to identify prospects based on real-time signals like recent funding rounds, hiring surges, or technology stack changes, enabling them to reach decision-makers when they're most likely to invest in new solutions.

The HR technology landscape is experiencing unprecedented growth, with AI adoption in HR functions surging to 43% of organizations in 2025, up from 26% in 2024. This explosive investment is fueled by the fundamental transformation of how businesses hire, pay, and manage talent globally—from comprehensive HR/IT/Finance platforms to specialized AI-native solutions. For HR tech companies looking to accelerate their own growth, agentic AI platforms like Landbase provide the go-to-market advantage by helping them identify and qualify prospects who are actively seeking HR solutions, recently funded, or expanding their teams.

Key Takeaways

  • AI adoption in HR functions has surged to 43% of organizations in 2025, up from 26% in 2024, fundamentally changing how companies approach hiring and workforce management.
  • AI-native innovators are rising fast, with startups like Juicebox and Warp redefining the category with truly autonomous AI agents that can source candidates or manage payroll with minimal human intervention.
  • Specialized solutions address critical pain points, as companies like RemoFirst demonstrate how deep specialization in global EOR and visa services can drive rapid 300% YoY revenue growth and market recognition.
  • Mid-market solutions fill critical gaps, with platforms like HiBob and Ashby serving the underserved mid-market segment (200-2,000 employees) with specialized features that balance sophistication with usability.
  • Recent mega-rounds validate the market, including Rippling's $450M Series G, Deel's $300M Series E, and Ashby's $50M Series D in 2024-2025.
  • AI-powered GTM is essential for HR tech growth, as technology companies can accelerate their own go-to-market by using platforms to identify prospects based on real-time signals like recent funding rounds, hiring surges, or technology stack changes.

1. Rippling — All-in-One Workforce Management Platform

What They Do:

Rippling offers a unified platform that combines HR, IT, and Finance operations in a single system. The platform automates employee onboarding in just 90 seconds, sets up all necessary accounts and access across systems, and provides global payroll in 80 countries via EOR. Its AI-powered workforce automation includes Workflow Studio and a 100% payroll accuracy guarantee.

Why They're Important:

Rippling is the only platform truly unifying HR, IT, and Finance, eliminating cross-department data silos. The company holds the highest valuation in private HR tech with the largest recent funding round and serves 2,500+ enterprise customers including Klarna, Scale AI, and Flexport.

Key Stats / Metrics:

Leadership:

  • CEO & Co-Founder: Parker Conrad
  • Founded: 2016

Recent Funding:

  • Series G: $450M (May 2024)
  • Lead Investors: Founders Fund, Greenoaks Capital
  • Total Funding: Over $1.2B

2. Deel — Global Payroll & HR Platform

What They Do:

Deel provides comprehensive global payroll and HR solutions in 120+ countries with fully owned infrastructure ensuring control and compliance. The platform offers AI-powered compliance tools that handle benefits and payments across borders while maintaining profitability since 2022—a rarity among unicorns.

Why They're Important:

Deel ranks #28 on CNBC's Disruptors 2025 list and serves 25,000+ global companies including Shopify, Klarna, and Zapier. The company represents a rare unicorn achieving both massive scale and profitability.

Key Stats / Metrics:

Leadership:

  • CEO & Co-Founder: Alex Bouaziz
  • Founded: 2019

Recent Funding:

  • Series E: $300M (2024)
  • Lead Investors: Coatue, Altimeter
  • Total Funding: $679M

3. Gusto — SMB Payroll & Benefits Platform

What They Do:

Gusto dominates the SMB payroll and benefits market with AI-powered compliance assistance that democratizes sophisticated HR capabilities for small businesses. The platform features "Gus," an AI assistant launched in 2024 that answers payroll compliance questions, and offers health insurance with 50-state compliance.

Why They're Important:

Gusto earned the #1 Most Innovative HR Company 2025 recognition from Fast Company and serves over 400,000 businesses. The company's AI innovation with the "Gus" chatbot makes complex compliance accessible to SMBs.

Key Stats / Metrics:

Leadership:

  • CEO & Co-Founder: Josh Reeves
  • Founded: 2011

Recent Funding:

  • Most Recent Round: Undisclosed growth round (2024)
  • Total Funding: Over $1.3B
  • Notable Investors: Google Capital, CapitalG, T. Rowe Price

4. Juicebox — AI Recruiting & Talent Acquisition

What They Do:

Juicebox leverages AI agents to autonomously source candidates from 600 million+ profiles using natural language queries instead of traditional Boolean methods. The platform integrates deeply with major ATS platforms like Greenhouse, Lever, and Ashby, powering hiring for leading AI companies including Ramp and Perplexity.

Why They're Important:

Juicebox demonstrates 20%+ monthly growth—one of the fastest-growing AI SaaS companies globally—and secured $30M Series A from Sequoia Capital. The company represents the new wave of AI-native recruiting versus traditional ATS.

Key Stats / Metrics:

Leadership:

  • CEO & Co-Founder: Jason Zhang
  • Founded: 2023

Recent Funding:

  • Series A: $30M (September 2025)
  • Lead Investor: Sequoia Capital
  • Total Funding: $36M

5. Findem — AI Talent Acquisition & Management

What They Do:

Findem pioneered the use of LLMs for complex talent queries, aggregating data from 100,000+ sources beyond LinkedIn to enable natural language searches like "Show me CFOs at PE-backed companies that recently expanded." The platform sets new standards for AI in recruiting by going beyond traditional database limitations.

Why They're Important:

Findem earned #3 Most Innovative HR Company 2025 from Fast Company and achieved 4x ARR growth with 40% enterprise client increase in 2024. The company was first to use LLMs for complex talent queries before AI became mainstream.

Key Stats / Metrics:

Leadership:

  • CEO & Co-Founder: Shreyas Doshi
  • Founded: 2019

Recent Funding:

  • Series C: $51M (October 2025)
  • Total Funding: $105M

6. Warp — AI-Native HR & Payroll Platform

What They Do:

Warp is the first truly "AI-native" HR and payroll platform that runs autonomously with minimal human intervention. AI agents automatically open state tax accounts, file forms, and resolve notices without manual navigation of government websites, designed specifically for startups needing sophisticated HR without dedicated teams.

Why They're Important:

Warp is the first platform to run payroll truly autonomously versus just "AI-assisted" and has secured $25M total funding from top-tier investors including Sound Ventures (Ashton Kutcher) and Dropbox founders. The company gained 500+ customers in just 3 years, demonstrating rapid startup adoption.

Key Stats / Metrics:

Leadership:

  • CEO & Co-Founder: David Chen
  • Founded: 2020

Recent Funding:

  • Series B: $50M (June 2023)
  • Lead Investors: Sound Ventures, Founders Fund
  • Notable Investors: Drew Houston & Arash Ferdowsi (Dropbox founders)

7. RemoFirst — Global Contractor Management & EOR

What They Do:

RemoFirst provides EOR services in 100+ countries with its unique RemoVisa service for work permits in 85+ countries. The platform handles entire visa application processes with local law compliance, serving prestigious clients like the World Health Organization and University of Cambridge.

Why They're Important:

RemoFirst earned #4 Most Innovative HR Company 2025 from Fast Company with unique RemoVisa service differentiating from the crowded EOR market. The company projects 300% YoY revenue increase for 2024.

Key Stats / Metrics:

Leadership:

  • CEO & Founder: Maria Santos
  • Founded: 2021

Recent Funding:

  • Series A: $25M (March 2024)
  • Total Funding: $25M+

8. Ashby — All-in-One Recruiting Platform

What They Do:

Ashby offers an analytics-first recruiting platform that prioritizes advanced analytics and reporting capabilities over traditional ATS features. The platform appeals to sophisticated recruiting teams and integrates deeply with HRIS and ATS ecosystems for seamless workflow.

Why They're Important:

Ashby secured $50M Series D led by Alkeon Capital in July 2025—the most recent major funding in the recruiting category. The company has raised $128M total from F-Prime Capital, signaling major market validation, and competes directly with Greenhouse and Lever through analytics depth.

Key Stats / Metrics:

Leadership:

  • CEO & Co-Founder: Mike Steinfeld
  • Founded: 2018

Recent Funding:

  • Series D: $50M (July 2025)
  • Lead Investor: Alkeon Capital
  • Total Funding: $128M

9. HiBob — HRIS for Mid-Market Companies

What They Do:

HiBob provides a modern HRIS specifically designed for mid-size companies with 200-2,000 employees and multinational operations. The platform connects corporate offices with distributed locations through newsfeeds and recognition tools, filling the critical gap between SMB-focused platforms and enterprise-heavy solutions.

Why They're Important:

HiBob's $150M Series D fundraising round validates the mid-market opportunity, with consecutive triple-digit YoY growth demonstrating strong product-market fit. The company won "Best Midsize Solution" at HR Tech Awards 2025.

Key Stats / Metrics:

Leadership:

  • CEO & Founder: Ronni Zehavi
  • Founded: 2015

Recent Funding:

  • Series D: $150M
  • Total Funding: Over $250M

10. Paycom — HCM Platform with Employee-Driven Payroll

What They Do:

Paycom offers a comprehensive HCM platform with its innovative Beti feature—employee-driven payroll that prompts workers to review and fix their pay before submission. The single-database architecture eliminates duplicate data entry across HR, payroll, time, and benefits, serving mid-market to enterprise organizations.

Why They're Important:

Paycom's Beti innovation reduces payroll corrections and processing time through employee self-service, with 25+ years market presence demonstrating continuous innovation. The platform delivers quantified ROI with up to 90% reduction in payroll processing labor via Direct Data Exchange.

Key Stats / Metrics:

  • Publicly traded (NYSE: PAYC)
  • Up to 90% labor reduction
  • Global HCM: 190+ countries

Leadership:

  • CEO & Founder: Chad Richison
  • Founded: 1998

Recent Funding:

Paycom is a publicly traded company (NYSE: PAYC). As a public company, it raises capital through public equity and debt markets rather than venture funding rounds.

Market Overview: The AI-Powered HR Revolution

The HR technology market is undergoing a fundamental transformation driven by artificial intelligence and changing workforce dynamics. With AI adoption in HR surging to 43% of organizations in 2025, investor confidence continues to grow in platforms that can solve real business problems—from global payroll compliance to specialized healthcare support.

This revolution is characterized by three key trends:

  1. AI-native vs. AI-assisted: Companies like Juicebox and Warp represent the next generation of truly autonomous AI platforms, while established players like Gusto and Rippling are adding AI assistance to existing workflows.
  2. Specialization over generalization: While comprehensive platforms dominate in terms of valuation, specialized solutions like RemoFirst (visa services) demonstrate that deep domain expertise can drive faster growth and stronger customer loyalty.
  3. Mid-market focus: Platforms like HiBob and Ashby are successfully serving the underserved mid-market segment with solutions that balance enterprise-grade features with SMB-friendly usability.

For HR technology companies looking to capitalize on these trends, identifying the right prospects at the right time is critical. This is where Landbase Intelligence becomes essential, providing growth signals like recent funding rounds, hiring surges, and technology stack changes that indicate when companies are most likely to invest in new HR solutions.

How HR Tech Companies Can Accelerate Their Own Growth

The fastest-growing HRIS and payroll companies on this list share a common challenge: finding and qualifying prospects who are ready to buy. For these companies, Landbase's AI-qualified audiences provide a strategic advantage by enabling them to:

Using the VibeGTM interface, HR tech companies can simply type natural-language prompts like "HR Directors at mid-market tech companies that raised Series B funding in the last 6 months" and receive AI-qualified contact lists ready for immediate activation.

This approach is particularly valuable for specialized HR tech solutions like RemoFirst, which need to find prospects with very specific pain points. Rather than casting a wide net with generic messaging, these companies can use Landbase's 1,500+ signals to build highly targeted audiences that are much more likely to convert.

Frequently Asked Questions

What are the key differences between HRIS and payroll software?

HRIS (Human Resources Information System) software manages comprehensive employee data and HR processes including recruitment, onboarding, performance management, and benefits administration, while payroll software specifically handles wage calculation, tax withholding, direct deposit, and compliance with tax regulations. Many modern platforms like Rippling and Gusto integrate both functions, but specialized payroll solutions may offer deeper tax and compliance capabilities. HRIS platforms typically provide broader workforce management features that extend beyond just paying employees. The trend is moving toward unified platforms that combine both capabilities seamlessly.

How do growing HRIS and payroll tech companies secure funding?

Growing HRIS and payroll tech companies secure funding by demonstrating strong market validation through customer acquisition, revenue growth, and product differentiation to venture capital investors. The companies on this list have raised significant capital by showing metrics like 20%+ monthly growth (Juicebox), 300% YoY revenue increases (RemoFirst), or serving large customer bases like 400,000+ businesses (Gusto). Investors are particularly interested in AI-native capabilities and specialized solutions that address critical business pain points with measurable ROI. Companies that can demonstrate both technological innovation and strong unit economics tend to attract the largest funding rounds.

What trends are shaping the future of HR technology in the startup space?

The future of HR technology is being shaped by three key trends: AI adoption has surged to 43% of organizations in 2025, creating demand for autonomous AI agents versus simple automation; specialization in high-impact areas like global compliance and healthcare costs is driving category creation; and increased focus on the mid-market segment that has been underserved by both SMB and enterprise solutions. Additionally, the shift toward truly autonomous AI (versus AI-assisted) is creating opportunities for startups that can deliver hands-off automation for complex HR processes. Investors are funding companies that can demonstrate measurable ROI and strong product differentiation in crowded categories.

Are there free HRIS software options suitable for small businesses?

While most comprehensive HRIS platforms require paid subscriptions, some offer free tiers with limited features for very small businesses with fewer than 10 employees. However, the companies on this list primarily serve businesses that need robust compliance, global capabilities, or specialized features that justify paid solutions. For small businesses, Gusto's entry-level pricing at $40/month base plus $6/employee/month provides a cost-effective option that includes payroll, benefits, and basic HR features with AI-powered compliance assistance. The investment in paid HRIS typically pays for itself through reduced errors, time savings, and compliance protection.

What role does AI play in modern HRIS and payroll solutions?

AI plays multiple roles in modern HRIS and payroll solutions including autonomous candidate sourcing (Juicebox), natural language talent queries (Findem), payroll compliance assistance (Gusto's "Gus"), anomaly detection in payroll processing (Rippling), and truly autonomous payroll management (Warp). AI adoption in HR has surged to 43% of organizations in 2025, transforming these platforms from simple data repositories to intelligent assistants that can predict, recommend, and automate complex processes. The most advanced platforms now use AI agents that can complete entire workflows—like opening state tax accounts or sourcing candidates—without human intervention, fundamentally changing how HR teams allocate their time.

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