PayFit
PayFit is a cloud-based payroll and human resources (HR) management software company founded in 2016. It focuses on automating and simplifying payroll and HR processes for small and medium-sized enterprises (SMEs) across Europe. The platform integrates payroll management, workforce management, and HR functionalities to enhance productivity and reduce administrative burdens for HR managers and employers. The software automates payroll processing, including payslip generation and compliance with local regulations. It also offers tools for managing employee leave, expense reports, onboarding, and performance management. An employee self-service portal allows staff to access payslips, request leave, and manage performance interactions, promoting autonomy and reducing HR tasks. PayFit supports integrations with other business tools and provides an open API for customization, making it adaptable to existing workflows. With over 18,000 customers and a growing team of over 700 employees, PayFit is dedicated to helping SMEs streamline their payroll and HR processes.
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Headcount trend
PayFit went from 9 employees in Jul 2023 to 3 in Jun 2025. Last 6 months: 0 people joined, 2 left.
Org structure
Headcount by department
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- Jan 2022 · Series E · $289M · Eurazeo, Bpifrance’s Large Venture fund, Accel
- Mar 2021 · Series D · $90M · Eurazeo Growth, BPI France, Accel
- Jun 2019 · Series C · $79M · Eurazeo, Bpifrance, Accel
- Jul 2017 · Series B · $14M · Accel, Otium Venture
- Oct 2016 · Series A · $5M · Otium Venture, The Family
- Feb 2016 · Seed · $500K · Kima Ventures
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PayFit FAQ
How many employees does PayFit have?
PayFit has about 3 employees, unchanged over the last 3 months (as of Jun 2025).
What is PayFit's revenue per employee?
PayFit makes about $51.9M in revenue per employee, based on $155.7M annual revenue and 3 employees.
How much funding has PayFit raised?
PayFit has raised $497.45M in total funding; its latest round was Series E in Jan 2022.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles. Updated 27 Nov 2025.