PEO and HR platform for small and medium-sized businesses
Justworks is a professional employer organization (PEO) that provides bundled payroll, benefits, HR, and compliance services to small and medium-sized businesses. The company filed to go public in 2021 at a roughly $2 billion valuation but withdrew its S-1 in early 2022 as the IPO window closed, and remains private. Revenue was approximately $350M in 2024 with the company continuing to expand into standalone payroll and international EOR following layoffs of approximately 200 employees announced by CEO Mike Seckler.
Software📍 New York, NYFounded 2012
Current Valuation
$2.0B
as of 2021-Q4
UNICORN
QL Price
$2.0B
0% vs last round
QuantLogix's current estimate for Justworks, published 2026-09-07 — in line with the last disclosed round of $2.0B (2021-Q4).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$2.0B
2021-Q4
weight 0.04
How this price has held up
No round has priced for Justworks since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Justworks, 2026-09-07 (b6c7ed156cc34bd4).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookrumored
Is Justworks going public?
An IPO is rumored, with nothing filed. Justworks remains private and the date is not the company's.
What is Justworks' valuation in 2026?
Justworks is valued at $2.0B as of 2021-Q4, set by its Series E ($50M, Jan 2021). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Justworks filed an S-1?
No public S-1 is on file for Justworks as of 09/07/2026; the IPO is rumored.
Who are Justworks' investors?
Justworks' investors include Spark Capital, Bain Capital Ventures, Index Ventures, Thrive Capital, Redpoint Ventures.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Mike Seckler
Founded
2012
HQ
New York, NY
Employees
~1500
Total Raised
$143M
Est. Revenue
$350M (2024)
Growth
Mid-double-digit YoY growth
Last Round
Series E — $50M (Jan 2021) · Lead: Spark Capital
IPO Status
rumored
Fundraising Status
Series E · $50M · 5y 8mo ago
rumoredTotal raised $143M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series E
$50M
Jan 2021
Spark Capital
—
Talent Signal
Hiring trend
▶ Hiring steady
28% of roles posted in last 30d
Open roles
98
via greenhouse
Product-build share
38%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 38% builders vs 62% go-to-market/G&A — scaling both sides.
Counted from Justworks's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Isaac Oates
Investors
Spark Capital · Bain Capital Ventures · Index Ventures · Thrive Capital · Redpoint Ventures
Products
PEO (payroll, benefits, compliance)
Justworks Payroll (standalone)
Time tracking
International EOR
HR consulting
Competitors
Gusto · Rippling · TriNet · ADP TotalSource · Deel
HR TechPEOSMBUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q4. Refreshed quarterly.