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Justworks
Justworks is a New York City-based company founded in 2012. It offers a platform for automating payroll, benefits, and compliance. The company has secured...
Justworks
Justworks is a New York City-based company founded in 2012. It offers a platform for automating payroll, benefits, and compliance. The company has secured $159.8 million in total funding.
General information
Firm type
Asset Manager
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Sector focus
Frequently asked questions
How does Justworks generate revenue?
Justworks generates revenue primarily through subscription fees charged per employee per month. These fees cover payroll processing, benefits administration, compliance support, and access to its software platform. It does not earn investment returns, management fees, carried interest, or any asset-based compensation.
What types of businesses does Justworks serve?
Justworks serves small to mid-sized businesses in the United States with between 2 and 2,000 employees. Its clients span a wide range of industries including technology, professional services, healthcare, and retail.
How is Justworks regulated?
Justworks operates as a licensed professional employer organization (PEO) and is regulated by state insurance departments and state agencies enforcing PEO requirements. It is also subject to Department of Labor regulations regarding employee benefits and tax filings.
What companies are considered competitors to Justworks?
Justworks competes with other PEO providers such as ADP TotalSource, TriNet, and Insperity, as well as all-in-one HR software platforms like Gusto and Rippling. Some competitors offer both PEO and non-PEO service models.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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