Paychex

Paychex

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Investment Firm

Overview

Paychex, Inc., together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses in the United States and Germany.Go to http://www.enrollpaychex.com and sign up today. It offers payroll processing services, which include calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients' payroll obligations. The company also provides payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. Its human resource outsourcing services include payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative. In addition, the company offers retirement services administration; workers' compensation insurance services; health and benefits services; time and attendance solutions; and other human resource services and products. It also operates a professional employer organization. As of May 31, 2009, the company served approximately 554,000 clients in the United States; and 1,600 clients in Germany. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.

Highlights

Founded

1971

Industry

Software

Employees

10001+

Investment

1

Lead Investment

1

Exits

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Stages

N/A

Investor Type

N/A

Location

Rochester, New York, United States, North America

Contact Information

Social

Profile Resume

Paychex, established in 1971 and headquartered in New York, United States, North America., specializes in investments across Non Profit. Their recent investments include Feeding America. The highest investment round they participated in was $4.0M. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Martin Mucci

Martin Mucci

Chairman and CEO

imagePlace Tom Golisano

Tom Golisano

Founder

imagePlace Chirag Bhatt

Chirag Bhatt

Head of Product and Technology and GM

imagePlace Efrain Rivera

Efrain Rivera

CFO & Treasurer

imagePlace Mark Bottini

Mark Bottini

SVP Sales

imagePlace John Gibson

John Gibson

Senior Vice President

Investment portfolio

Paychex has made 1 diversity investments. Their most recent diversity investment was on May 01, 2023, when Feeding America raised $1.0M.

investments

1

Diversity investments

1

Lead investments

1

Number of exits

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Investments

1

Annouced DateOrganization NameIndustryMoney Raised
May 01, 2023
Feeding America Feeding America
Non Profit1.0M

Exits

0

Funding Timeline

Funding rounds

1

Investors

0

Funds

0

Funding Rounds

1

Paychex has raised 1 rounds. Their latest funding was raised on May 01, 2023 from a Grant - Feeding America round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
May 01, 2023
Grant - Feeding America Grant - Feeding America
-1.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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