Employment Hero, the global authority on employment, has reached A$300 million in global annual recurring revenue (ARR), a tenfold increase in just over five years. The company crossed the threshold while also achieving continued EBITDA profitability on both a monthly and year-to-date basis, and accelerating growth at scale.
In the first half of 2025, Employment Hero added more than A$30 million in new ARR, alongside its strategic acquisition of Canadian HR & payroll platform Humi in January 2025. In December 2024, it recorded its first EBITDA-positive month, followed by an EBITDA positive year-to-date performance. The company is on track to deliver its first full EBITDA positive year. Few SaaS companies globally combine this level of scale with sustained profitability.
Employment Hero now supports 350,000 businesses worldwide, including in Canada, offering a world-leading Employment Operating System (eOS) that simplifies and optimizes every stage of the employment process. Its award-winning platform combines HR, payroll, recruitment and employee engagement tools.
Ben Thompson, CEO and Co-founder of Employment Hero said:
“When Dave Tong and I founded Employment Hero more than a decade ago, the goal was to create proud, confident employers who felt well equipped to employ, pay and manage their people. And we wanted to give small businesses a competitive edge. Reaching A$300 million in ARR while becoming profitable reflects the value we are delivering every day to the 350,000 businesses that use our platform. Looking ahead, our focus remains on simplifying employment and giving SMBs the infrastructure to operate at the same level as the world’s largest companies.”
Craig Blair, Partner and Founder at Australian early-stage venture capital firm Airtree said:
“Employment Hero’s growth to A$300 million in ARR, alongside its achievement of profitability, reflects both the strength of its platform and the clarity of Ben Thompson’s vision. The company has scaled to support hundreds of thousands of businesses across multiple markets and continues to expand its role as a leading employment operating system. We are pleased to continue our partnership with Employment Hero as it deepens its product offering and accelerates its global reach.”
Reinforcing its commitment to protecting sensitive customer data, Employment Hero has also achieved SOC 2 Type 2 compliance, a benchmark standard for security, availability and confidentiality. Following an independent audit by Global Compliance Certification, the certification, issued with no exceptions, confirms that Employment Hero’s systems and processes meet the standards set by the American Institute of Certified Public Accountants (AICPA).
“This is a milestone achievement,” said Kevin Kliman, President of Canadian business at Employment Hero. “Earning SOC 2 Type 2 compliance demonstrates our commitment to protecting customer data with the highest security standards. It means that Canadian businesses can trust that the processes behind our platform are secure and reliable – so they can focus on running and growing their business with confidence.”
With a global workforce, including a significant growing presence in Canada led by Kevin Kliman, Employment Hero is one of only a handful of unicorns to emerge from Australia, joining the ranks of companies such as Canva, Atlassian and Airwallex. With ARR growth continuing to accelerate, the company is reinforcing its position as a leading employment platform for small and medium-sized businesses.
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