factoHR is a cloud-based Human Capital Management (HCM) and payroll software platform designed to streamline HR processes for organizations of all sizes. Its solutions are trusted by over 3,500 businesses and serve more than 2.6 million employees across 20+ countries, including industry leaders like Wipro, Siemens, Tata Steel, and Cycle Agarbatti. The platform emphasizes a mobile-first approach, robust automation, and integration capabilities to optimize the entire employee lifecycle from hire to retire.
factoHR was founded in 2016. The company was established in response to customer demand for a simple, scalable, and robust HR solution with comprehensive functionality at a reasonable price. Aniruddh Nagodra is the founder and CEO of factoHR.
The company has demonstrated significant growth:
factoHR has been entirely bootstrapped, with no external funding reported as of 2024. Revenue figures indicate strong organic growth:
2024 revenue: $5.9M (suggesting rapid scaling).
No public valuation figures are available, but the company’s customer base and revenue trajectory suggest a healthy, growing business.
factoHR offers a comprehensive, integrated HCM suite, including:
AI Features: Including factoBot (chatbot), face verification attendance, and generative AI tools for HR content creation.
The platform also boasts integrations with leading ERP and accounting systems, REST APIs, and strategic partnerships with Microsoft (Azure Marketplace) and SAP
factoHR has expanded its product suite significantly, especially with the introduction of AI-driven features and strategic partnerships with Microsoft and SAP, enhancing its reach and capabilities.
Recent innovations include:
factoHR emphasizes a culture built on core values such as teamwork, transparency, innovation, and customer-centricity. The company focuses on:
Fostering diversity and professional advancement.
Leadership is seen as central to shaping and maintaining these values, with a strong emphasis on collaboration and respect for both employees and customers
factoHR serves a diverse client base across industries such as manufacturing, IT, retail, automotive, and healthcare. Its solutions are tailored to both small businesses and large enterprises, with a notable presence in India and growing international reach.
User testimonials highlight:
Positive experiences with customer support and ease of integration.
The company’s user community is supported by a robust onboarding process, ongoing support, and continuous product updates, fostering long-term client relationships
