Paycor

Paycor
Paycor
  • Headquarters

    Cincinnati, Ohio
  • Founded

    1990
  • CEO / Founder

    Raul Villar, Jr.
  • Employees

    1001-5000
  • Funding

    Acquired
  • Stock

    PYCR
  • Products

    1 product listed
  • Avg. AI Score

    7.4/10

Profile updated

Products
1
Avg AI Score
7.4/10
Founded
1990
Funding
About Paycor

Paycor HCM, Inc. is a human capital management software company founded in May 1990 by Robert Coughlin in Cincinnati, Ohio. The company provides an integrated platform covering payroll processing, HR administration, benefits enrollment, recruiting, onboarding, time tracking, and workforce analytics for small and mid-sized businesses across the United States.

Paycor's platform consolidates payroll tax compliance, applicant tracking, learning management, and employee scheduling into a single system. The company served more than 40,000 business customers as of 2024, primarily mid-market employers with 50 to 1,000 employees. Paycor went public on Nasdaq under the ticker PYCR in July 2021 and competed directly with ADP, Paylocity, and Paycom in the HCM software market.

On January 7, 2025, Paychex, Inc. announced an agreement to acquire Paycor for $22.50 per share in cash, representing an enterprise value of approximately $4.1 billion. The transaction closed on April 14, 2025, and Paycor's shares were delisted from Nasdaq. Raul Villar, Jr. served as CEO at the time of the acquisition.

Specialties
Payroll ManagementHuman Capital ManagementHuman Resources SolutionsBenefits AdministrationTime & Attendance SolutionsTax Filing & ComplianceWorkers' CompensationApplicant Tracking SystemOnboardingRecruiting
Financials

Dated, source-cited figures. Estimates are marked.

Revenue
$654.9M
globenewswire.com
Market Capest.
$4.1B
stockanalysis.com
Revenue over time
$352.8M(Jun 30, 2021)$429.4M(Jun 30, 2022)$552.7M(Jun 30, 2023)$654.9M(Jun 30, 2024)
Products by Paycor

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

How Our Review Panel Scores Paycor

Six independent reviewer personalities assessed Paycor's product on their own terms. They disagreed by 1.6 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.

The Decision Maker
7.8
The Domain Strategist
7.8
The Power User
7.8
The Domain Practitioner
7.6
The Skeptic
7.2
The Finance Lead
6.2

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

Competitive Landscape

Who Paycor competes with, and how they differ.

ADP logo
ADP7.4/10

ADP spans the full range from micro-business to enterprise on the deepest payroll-tax/compliance infrastructure in the industry (it processes pay for roughly 1 in 12 US private-sector workers), versus Paycor's tighter focus on 10-1,000-employee SMB/mid-market accounts in verticals like healthcare, manufacturing and restaurants.

1 product reviewed on TopReviewed
Gusto logo
Gusto

Gusto undercuts Paycor at the very-small-business end with self-serve pricing and contractor-friendly payroll, without Paycor's dedicated implementation and HR-advisory services aimed at the 50-1,000 employee band.

Rippling logo
Rippling

Rippling bundles IT/device management and finance/spend tools alongside HR and payroll in one system of record — a broader, pricier platform play than Paycor's payroll/HCM-centric product.

U
UKG Pro7.4/10

UKG leans harder into large-enterprise and complex workforce-management/scheduling depth (inherited from the 2020 Kronos merger), while Paycor targets the smaller end of mid-market with a lighter-weight, faster-to-deploy HR and payroll suite.

1 product reviewed on TopReviewed
BambooHR logo
BambooHR8.0/10

BambooHR is HRIS-first — onboarding, performance and people data — with US payroll as a newer bolt-on, while Paycor built payroll as its foundation and layers HCM modules on top of it.

1 product reviewed on TopReviewed
Workforce.com logo
Workforce.com7.5/10

Workforce.com is built specifically around shift scheduling and compliance for hourly/frontline workforces (retail, hospitality) with payroll layered on top, versus Paycor's broader suite covering both salaried and hourly employees.

1 product reviewed on TopReviewed
Company Timeline

Key milestones in Paycor's history, with sources.

  1. Acquisition

    Paychex completes $4.1B acquisition of Paycor

    Paychex completed its all-cash acquisition of 100% of Paycor for $22.50 per share, valuing the deal at approximately $4.1 billion; Paycor was delisted from Nasdaq.

    pymnts.com
  2. Acquisition

    Paychex agrees to acquire Paycor for $22.50/share (~$4.1B)

    Paychex, Inc. and Paycor HCM, Inc. entered a definitive merger agreement for Paychex to acquire Paycor in an all-cash deal at $22.50 per share, an enterprise value of approximately $4.1 billion.

    sec.gov
  3. Funding

    IPO on Nasdaq (PYCR) — $23.00/share, ~$425.5M raised

    Paycor priced its IPO at $23.00 per share (18.5 million shares), with shares beginning to trade on the Nasdaq Global Select Market under ticker PYCR; expected gross proceeds of approximately $425.5 million.

    paycor.com
  4. Funding

    $270M growth investment led by Neuberger Berman and QIA

    Paycor received commitments for $270 million in new investment co-led by Neuberger Berman and the Qatar Investment Authority, with participation from ClearBridge Investments, Franklin Templeton, Leumi Partners and Teca Partners, while remaining backed by Apax Partners.

    paycor.com
  5. Funding

    Apax Partners acquires majority stake for $1.3B

    Funds advised by Apax Partners LLP acquired a majority stake in Cincinnati-based Paycor for $1.3 billion, the private-equity investment that preceded Paycor's 2021 IPO.

    prnewswire.com

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Paycor — Products & AI Reviews | TopReviewed.ai