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WorkForce Software
Workforce management solutions for organizations with complex policies and compliance concerns
About WorkForce Software
WorkForce Software provides cloud-based workforce management solutions designed to meet the unique time and attendance, scheduling, and compliance needs of businesses globally. The company serves a diverse range of clients, including large enterprises and small organizations across various industries. Operating in the Human Capital Management (HCM) market, WorkForce Software offers a suite of tools that streamline workforce management processes, enhance employee productivity, and ensure compliance with labor regulations. The business model is based on a subscription service, where clients pay for access to the software and its features. Revenue is generated through these subscriptions, as well as through additional services such as implementation support and training. The company's solutions include time and attendance tracking, absence management, labor forecasting, data capture, analytics, and employee self-service tools, all integrated into a single cloud platform. This allows organizations to reduce administrative overhead, improve operational efficiency, and provide a better employee experience.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1999
- Headquarters
- Livonia, United States
- Employees
- 581
- Open positions
- None listed
- Dealroom signal
- 63.3/100
- Industry
- Fintech
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Human Resources, Recruitment, Retail, Compliance, Branding, Computer, Regtech Compliance
- Client focus
- b2b
- Investment activity
- 2 companies, latest May 2021
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2024 | $0 | — | Automatic Data Processing | ↗ |
| GROWTH EQUITY VC✓Equity / VC | Jun 2019 | — | — | Elliott Management | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for WorkForce Software is 44K monthly website visits, down 47% over the last three months. WorkForce Software's team declined 18.3% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Foko RetailGatineau, CanadaMobile-first retail task management and communication software - Foko Retail
$12Mvaluation
RosterLive’s Roster SoftwareSydney, AustraliaDoing your staff roster needn’t be difficult – with RosterLive’s online rostering software the job is easy! Enquire about RosterLive’s
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
K1 Investment Management
Triangle Capital Corporation
Insight Partners
Series B and later1 investor entered at this stage
Elliott Management
Other known investors1 additional known investor
Automatic Data Processing
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about WorkForce Software on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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