PrismHR, founded in 1985, stands as a prominent player within the Computing, SaaS, and Human Resources industries, headquartered in the United States. With the slogan, "The leading technology platform powering payroll, benefits and HR for small and medium-sized businesses," PrismHR has firmly established itself in the marketplace by offering comprehensive software solutions tailored for human resource outsourcing service providers, notably Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs).
Its software is utilized by over 88,000 organizations, benefiting around 2.2 million worksite employees, and facilitates the processing of more than $57 billion in payroll annually. PrismHR last received investment from Accel-KKR during a Private Equity Round on 24 September 2014. As an influential entity in empowering SMBs with its scalable solutions, the company's growth trajectory poses a strategic opportunity for investors looking to capitalize on a proven leader in HR technology.