Paylocity
Paylocity Holding Corporation is an American provider of cloud-based payroll and human resource management software.
History
The company was founded by Steve Sarowitz in 1997 as Ameripay Payroll Ltd. It was renamed Paylocity in December 2005. It relocated from Franklin Park, Illinois to Elk Grove Village, and later to Arlington Heights. The company moved its headquarters into a 309,000 square foot office in the former headquarters of Zurich Insurance North America in Schaumburg, Illinois.Paylocity held an initial public offering in March 2014, raising about $120 million.
In September 2024, Paylocity announced that it would acquire Airbase Inc., a spending management software company.
Awards
- 2003, 2004, 2007-2014 - Inc. Magazine 5,000 fastest growing private companies
- 2013-2015 - Deloitte Fast 500
- 2021 - Fortune's 100 Fastest Growing Companies