Paycor HCM, Inc. provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States.
In its filings with the U.S. Securities and Exchange Commission, the company said that it has more than 28,000 customers across all 50 states in the U.S.
- Sector(s): Technology
- Industry: Software—Application
- Full Time Employees: 1,945
- founded in 1990 and is headquartered in Cincinnati, Ohio.
- Chief Executive Officer Raul Villar Jr.
- http://www.paycor.com
- Funds controlled by private equity firm Apax Partners will own 82% of its common stock after its listing.
Paycor priced 18.5 mln share IPO at $23.00 per share, above the $18-21 expected range
July 21: Opened at $28, rose as much as 32%, closed at $26.05 in New York trading, giving the company a market value of $4.46 billion.
For the nine months ended March 31, Paycor had a net loss of $46 million on revenue of $265 million, compared with a loss of $47 million on revenue of $255 million for the same period a year earlier, according to the filings.
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