BambooHR

About BambooHR

Financials

Dated, source-cited figures. Estimates are marked.

Products by BambooHR

All products by BambooHR reviewed by our AI panel of experts.

BambooHRAI HR & Recruiting

HR software built for small and medium-sized businesses

From $10/mo8.0/10

How Our Review Panel Scores BambooHR

Six independent reviewer personalities assessed BambooHR's product on their own terms. They landed within 0.3 points of each other, an unusually strong consensus.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who BambooHR competes with, and how they differ.

Rippling

Rippling bundles core HR with IT device management and finance/spend tools into one system of record for tech-forward companies -- a broader, pricier platform than BambooHR's HR-and-payroll-focused suite built for traditional SMBs.

Gusto

Gusto is payroll-first with simple self-serve pricing aimed at very small businesses, while BambooHR leads with HR recordkeeping and onboarding and added payroll later as a bolt-on aimed slightly higher up the SMB range.

Personio7.6/10

Personio is a Munich-founded HR-core platform built around German/EU payroll and labor-law compliance for European SMBs, while BambooHR is US-built and strongest in onboarding and time-off tracking for US small and mid-sized teams.

1 product reviewed on TopReviewed

Paycor7.4/10

Paycor built its platform around US payroll and compliance for the 10-1,000 employee band and layers HCM modules on top of it, whereas BambooHR is HRIS-first -- onboarding, performance and people data -- with payroll added later as a bolt-on.

1 product reviewed on TopReviewed

HiBob6.8/10

HiBob (Bob) leans into employee engagement, culture surveys and a consumer-grade UI for SMB/mid-market teams, with per-seat pricing that runs higher at scale than BambooHR's more traditional HR-records-and-payroll focus.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in BambooHR's history, with sources.

1. Jul 21, 2026Launch

   Launches Bamboo AI, an embedded agentic AI platform

   BambooHR introduced Bamboo AI, a set of embedded AI agents built into its HR platform to automate tasks such as report generation, shift scheduling, payroll analysis and benefits inquiries, launching first in private beta with select customers.

   reworked.co
2. Nov 9, 2023Milestone

   Headcount reaches just over 1,200 employees

   Utah Business reported BambooHR's headcount had grown to just over 1,200 employees, the company still self-funded aside from the 2012 Sorenson Capital investment.

   utahbusiness.com
3. Apr 26, 2021Milestone

   Reports ~700 employees, ~22,000 clients; plans to add 500 more

   Deseret News reported BambooHR had grown to roughly 700 employees serving about 22,000 clients under CEO Brad Rencher -- about 18 months into his tenure -- and planned to hire 500 more employees over the following year.

   deseret.com
4. Oct 15, 2019Milestone

   Brad Rencher named CEO; co-founders become co-chairmen

   Former Adobe/Omniture marketing executive Brad Rencher was named CEO, with co-founders Ben Peterson and Ryan Sanders stepping back into co-chairman roles on the board of directors.

   bamboohr.com
5. Apr 26, 2017Launch

   Launches public apps Marketplace and ISV partner program

   BambooHR launched a public integrations marketplace and an ISV partner program, letting third-party developers build and market HR apps to its small- and medium-business customer base.

   prnewswire.com
6. 2012Funding

   Sorenson Capital invests in BambooHR (amount undisclosed)

   Utah private equity firm Sorenson Capital made its first investment in BambooHR in 2012 -- the company's first outside capital after founders Ben Peterson and Ryan Sanders had bootstrapped it from personal savings for four years. The amount was not disclosed.

   utahbusiness.com
7. 2008Founded

   Founded by Ben Peterson and Ryan Sanders in Provo, Utah

   Ben Peterson and Ryan Sanders founded the company in a small office in Provo, Utah, initially building HR software for adult daycare providers under the name Human Services HQ; it was rebranded BambooHR within about a year, after landing its first paying customer in January 2009.

   utahbusiness.com