Paycom IPO
Paycom is a leading provider of comprehensive, cloud-based human capital management software. The company serves businesses of all sizes with solutions covering payroll, talent acquisition, time and labor management, and HR management. Investors have been attracted to Paycom's strong recurring revenue model and leadership position in the competitive HCM market.
Key Facts
| Industry | Human Capital Management |
| Founded | 1998 |
| Headquarters | Oklahoma City, OK |
| Employees | ~6,000 |
| Website | paycom.com |
| Funding | Public company since 2014 |
About Paycom
Paycom is a comprehensive human capital management (HCM) software provider that offers a single platform for payroll, HR, talent acquisition, and workforce management. Unlike many competitors that grew through acquisitions, Paycom built its entire platform in-house, resulting in a more integrated user experience. The company primarily targets mid-market businesses with 50-5,000 employees, offering them enterprise-grade HR technology that was previously only available to larger organizations.
Paycom's differentiation comes from its employee self-service approach, where employees manage their own HR data, time tracking, and benefits enrollment directly. This reduces administrative burden on HR departments while improving data accuracy. The company has achieved strong growth by focusing on direct sales and maintaining high client retention rates. Paycom's cloud-native architecture and mobile-first design have helped it compete effectively against both legacy providers and newer entrants in the crowded HCM market.
IPO Status
Paycom went public in April 2014, just one month after competitor Paylocity. The company's IPO was priced at $15 per share and traded on the New York Stock Exchange under ticker PAYC. The IPO raised approximately $89 million and was well-received by investors. Since going public, Paycom has been one of the better-performing stocks in the HR technology space, experiencing significant growth in both revenue and stock price. The company has maintained strong financial performance and continued to expand its comprehensive HR platform, making it a favorite among investors seeking exposure to the digital transformation of human resources.
Competitors
Frequently Asked Questions
Does Paycom have a stock?
Yes, Paycom completed its IPO in April 2014. The company has been publicly traded on the New York Stock Exchange under ticker PAYC since then.
When is the Paycom IPO date?
Paycom's IPO took place on April 15, 2014, when shares were priced at $15 each. The company has been a public company for nearly a decade.
How can I buy Paycom stock?
You can purchase Paycom stock through any brokerage account as it trades on the NYSE under ticker PAYC. The stock is widely available through traditional brokers, online platforms, and mobile trading apps.
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