Justworks
PrivateLast Round
Extension
Nov 1, 2023
Est. Valuation
$2B
Total Funding Raised
$143M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Justworks operates in Enterprise Software and is based in New York City, New York. Its latest recorded funding round was an Extension round in November 2023.
Justworks is a human resources and payroll services company that offers small and medium-sized businesses an integrated platform for managing payroll, benefits, HR, and compliance with expert support.
Sector
Enterprise Software
Verticals
HR, Compliance, Vertical SaaS, Accounting & Expense, Workflow Automation
Business Model
B2B
Customer Profile
Payment Processing Fee, Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Justworks Comparables
Compare Justworks with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Gusto | 88% | |
| CoAdvantage | 82% | |
| Rippling | 82% |
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Justworks Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Extension | Nov 1, 2023 | ||||
| IPO | Jul 13, 2022 | ||||
| Series E | Jan 28, 2020 | ||||
| Series D Extension | Jun 6, 2018 | ||||
| Series D | Mar 6, 2018 | ||||
Series C | Mar 10, 2016 |
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Key People
Founding team and executive leadership
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Justworks Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Matrix | Series C |
| Bain Capital Ventures | Series E, Series D, Series C, Series B |
| LocalGlobe | Seed |
| Union Square Ventures | Series E |
| Daring Journey Ventures | Seed |
| FirstMark Capital | Series E, Series D |
| Thrive Capital | Series E, Series B, Series D, Series C, Seed, Series A |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 23, 2026
Platform organization now supports over 300 engineers.
- Jul 23, 2026
Received ESAC accreditation.
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Recent news
Latest coverage and updates
- launchesOct 19, 2026
Justworks, Inc. launches an Applicant Tracking System that centralizes job posting, candidate tracking, onboarding transitions, and background-check management in one platform.
- partners_withSep 24, 2026
Justworks, Inc. partners with Chamber of Commerce to co-produce and release the quarterly Small Business Index, providing insights into small business health, hiring, benefits, and growth, on Sep 24th '26.
- expands_offices_toSep 22, 2026
Justworks, Inc. expands its office presence to Scottsdale, Arizona, through a 25KSF lease at Portales Corporate Center, opening with approximately 50 employees and planning to grow to approximately 150 employees within two years.
- expands_offices_toSep 16, 2026
On Sep 16th '26, Justworks, Inc. expands into Arizona with its fifth office to support West Coast customers and grow to 150+ team members.
- expands_offices_inSep 16, 2026
Justworks, Inc. expands its office presence in Arizona by opening a Phoenix office on Sep 16th '26, with the office planned to grow to over 150 team members in the next two years.
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Justworks Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Justworks's valuation, stock price, and market status.
Is Justworks a public or private company?
Justworks is a private company.
What is the current stock price of Justworks?
Justworks is a private company, so its shares have no public market price. Caplight tracks Justworks's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Justworks worth (valuation)?
Justworks's valuation is estimated at $2.0B based on funding round data.
Can I buy Justworks stock?
Justworks shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Justworks's last funding round?
Justworks's most recent funding round was Extension on November 1, 2023.
Who are the main investors in Justworks?
Key investors in Justworks include Bain Capital Ventures, Union Square Ventures, FirstMark Capital, Thrive Capital, Spark Capital.
Will Justworks IPO soon?
No public IPO plans have been announced for Justworks.
How can I track Justworks secondary market activity?
Caplight tracks bids, offers, and trades in Justworks's shares on secondary markets.