# Justworks

Justworks is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Assets under management:** Undisclosed
- **Website:** www.justworks.com
- **LinkedIn:** https://www.linkedin.com/company/justworks-

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Human Resources Software
- Professional Employer Organization
- SaaS
- Benefits Administration
- Payroll Software

## 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.

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Last updated: 2026-06-03T20:00:00.000Z

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