What is Firmo?
Firmo, founded in 1992 and headquartered in Perry, New York, operates as Complete Payroll Processing Inc (CPP). The company is a national provider of comprehensive payroll, HR, and time and attendance services. CPP also offers a sophisticated cloud-based HCM software platform designed to manage the entire employee lifecycle, from onboarding to offboarding. This dual approach of service provision and technological solutions positions Firmo as a key player in the human capital management sector.
How much funding has Firmo raised?
Firmo has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Firmo
PPP
Public-Private Partnership
What's next for Firmo?
The recent large-scale, late-stage funding indicates Firmo is poised for significant expansion and strategic initiatives. This capital injection is likely to fuel further development of its HCM platform, enhance its service delivery capabilities, and potentially drive market penetration through acquisitions or expanded sales efforts. The company's focus on managing the employee lifecycle suggests a strategic direction towards becoming a more integrated HR and payroll solutions provider.
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