Dayforce, Inc. Overview
Pro stress-test →Dayforce, Inc. operates as a human capital management (HCM) software company offering Dayforce, a cloud HCM platform that provides human resources, payroll and tax, workforce management, wallet, benefits, and talent intelligence functionalities, and Powerpay, a cloud HR and payroll solution for small businesses. The company was acquired by Thoma Bravo on February 4, 2026, taking it private for approximately $12.3 billion.
Strategic Profile
Pro stress-test →As of fiscal 2024, the Dayforce platform accounted for almost 80% of companywide revenue and served 6,876 clients representing approximately 7.62 million employees. Management and Thoma Bravo cited aims to accelerate growth, customer value, and AI leadership under private ownership, with Dayforce AI Workspace announced to be available to new customers beginning in 2026, offering a secure, collaborative AI environment that integrates people and agents on a single data model to solve workforce challenges.
Competitive Landscape
Pro stress-test →Dayforce competes in the cloud-based HCM software market against major platforms including Workday, Paycom, Paylocity, and ADP. With 6,876 clients representing 7.62 million employees on its flagship platform, Dayforce holds a strong market position, particularly among mid-to-large enterprises, though it faces intense competition from well-established vendors with deeper market penetration and broader product suites.
Industry Context
Dayforce, Inc. operates in Human Capital Management (HCM) Software / SaaS.
Key facts
Founded: 1992 · Headquarters: Minneapolis, US · Employees: 9,600 · Revenue: $1.76B