Justworks provides new businesses with a solution to set up manage payroll and offer large-company benefits while ensuring legal compliance. The dashboard allows companies to make it easy to fill out forms such as the I-9 and offers direct deposit and processes payments for contractors (a free service), salaried employees and hourly workers. On the platform, companies can also offer full medical, dental and vision coverage and process payments, files required taxes, files for workers' comp and handle other legalities for its users.
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Research containing Justworks
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CB Insights Intelligence Analysts have mentioned Justworks in 3 CB Insights research briefs, most recently on Sep 28, 2020.
Expert Collections containing Justworks
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Justworks is included in 8 Expert Collections, including HR Tech.
HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.
Unicorns- Billion Dollar Startups
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Latest Justworks News
Nov 25, 2022
Advertisement There were few scenes of workers packing up their cubicles, shoving plaques in boxes and commiserating over beers. Instead, there were tweets. Hung Truong, an engineer, watched his Twitter feed fill with layoff-related posts . Friends and former colleagues were all out of work. Truong, 39, had been there. At the start of the pandemic, he’d lost his job at Lyft. And he recalled the strange relief of posting that on Twitter, knowing he wouldn’t have to give the painful update to followers one by one. That’s an experience thousands are now sharing, as Twitter, Meta and other companies slash their workforces: getting laid off in a time of extreme transparency, with social media providing an outlet for immediate processing. Elon Musk Credit:Getty Images/Nine This took on a particularly ironic twist at Twitter, where employees used a platform that had created this new era of workplace transparency to talk about their own workplace. Alternately angry and reflective tweets from laid-off Twitter workers stacked up under the hashtags #LoveWhereYouWorked and #TwitterLayoffs. “It was the most humanity-affirming moment that as each tweep was fired, we all posted,” wrote Rumman Chowdhury, who had worked in ethics and transparency at the company, adding the emoji of a salute. “We laughed and rejoiced in the decency and kindness of friends. What a send-off, Twitter.” It’s the nature of job cuts in an age where people often can’t mourn with office mates at a dive bar, but they can share their reactions with millions online. What was once an intimate experience, and often taboo, is now instantly public information. People are posting what was once private, since they are remote and cut off from friends. And platforms that ushered in a culture of transparency in other workplaces are seeing that transparency deployed to reveal their own missteps. Meta is laying off more than 11,000 workers, or 13 per cent of its staff. Credit:AP Photo/Godofredo A. Vásquez “A very quiet and somber activity is now becoming a very loud and vocal activity,” said Eugene Soltes, a professor at Harvard Business School. Advertisement The norms of candid communication that Twitter enabled have been on display at the company throughout Elon Musk’s takeover, as some former employees shared their layoff frustrations in tweets, and Musk used the platform to defend his leadership decisions (and make jokes about masturbation). Loading “The very town square that Elon Musk owns is now exposing all his flaws,” said Mary Inman, a partner at the law firm Constantine Cannon, who has worked with more than 50 whistleblowers, including Tyler Shultz, who helped expose failed blood testing startup Theranos, and Ed Pierson, who spoke up about safety hazards at Boeing. “I’m thinking about ‘The Silence of the Lambs’ — it’s like watching someone eat themselves alive.” Recently, Meta said it was laying off more than 11,000 staff, or 13 per cent of its workforce. Lyft said it was cutting 13 per cent of its employees, about 650 of 5000. Stripe cut 14 per cent of its staff, roughly 1100 people. Some Meta, Lyft and other laid-off workers joined former Twitter employees in posting. “Just found out I’ve been laid off at Meta,” wrote David Jagneaux, a former technology communications manager, on Twitter. “I’m actively seeking my next opportunity.” Viral layoff moments have surfaced throughout the pandemic. A video of Better.com CEO Vishal Garg firing more than 900 of his workers went viral in December 2021, provoking an outcry. Braden Wallake, CEO of HyperSocial, a sales and marketing company, posted a photo of himself crying on LinkedIn after laying off two of his 17 workers. Wallake called the selfie “vulnerable”; to many others, it seemed callous to highlight his own feelings when his employees were suffering. Loading But for workers, public layoff processing can provide a boost at a wrenching moment. Some people get offers to interview at other companies: One of HyperSocial’s laid-off workers, Noah Smith, said he received messages from recruiters after defending his former boss’s viral post. It can also provide a sense of community that remote layoffs undercut. And it can create a form of accountability for companies that mishandle their layoffs. “Many of these firms will be hiring again at some point in the future,” Soltes said. “Some of the best ways you evaluate a future employer is how they treated people when times were more difficult. This will come back in the future as those firms try to hire amazing people.” Erika Cartagena, who previously led human resources at Etsy and JustWorks and has overseen mass layoffs at a number of other companies, was gratified people had an outlet for processing amid job cuts that she saw as especially chaotic: “What’s helpful in these situations is when people get to own their own narrative,” she said. The Morning Edition newsletter is our guide to the day’s most important and interesting stories, analysis and insights. Sign up here .
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Justworks Frequently Asked Questions (FAQ)
When was Justworks founded?
Justworks was founded in 2012.
Where is Justworks's headquarters?
Justworks's headquarters is located at 130 7th Avenue, New York.
What is Justworks's latest funding round?
Justworks's latest funding round is Series E.
How much did Justworks raise?
Justworks raised a total of $143M.
Who are the investors of Justworks?
Investors of Justworks include Index Ventures, Thrive Capital, Bain Capital Ventures, Redpoint Ventures, FirstMark Capital and 6 more.
Who are Justworks's competitors?
Competitors of Justworks include Hourly.io, Namely, Hibob, Gusto, Rippling and 12 more.
Compare Justworks to Competitors
Spur provides an employment platform that serves as a full service HR and payroll solution to eliminate the need for third party tools. Spur's Employment-as-a-Service (EaaS) offering helps businesses simplify how they manage hourly workers while also expanding the benefits and service offerings those businesses are able to offer their workforce.
Homebase offers a platform to track timesheet hours and schedules. The company's cloud-based time clock and time sheets allow users to track hours from anywhere, and save time on preparing payroll.
Employment Hero makes online human resources software for companies. The software combines functions like payroll, employee benefits and retirement, employment contracts, accounting, and more on a single web app. The company also offers employees a marketplace for services like health and insurance, mobile phone plans, gym membership discounts, and more.
Hourly is building a platform that helps small business owners to pay, manage, and protect their hourly workers. The company connects workers' comp insurance, payrolls, and time tracking in real-time. By using Hourly, business owners can see their exact premiums and labor costs in real-time, agents can see how their clients are performing, and insurers can better predict premiums vs risk. The company was founded in 2018 and is based in Palo Alto, Calfironia.
Wagepoint provides an online payroll automation platform to manage payroll for small and medium businesses. The platform gives solutions that help complete employment tax forms. It also does deductions, tax remittances, and direct deposits, and helps generate online pay stubs, getting business owners to keep a track of employee payroll and taxes. The company was founded in 2012 and is based in Kitchener, Ontario.
Snapshift is a collaborative workforce management app specialized in the retail and hospitality sectors. It offers scheduling, payroll, and productivity tools.
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