One of the key products offered here is Adopt, which provides customized training for clients and their employees using Prism HR technology. Prism HR offers a range of products that are designed to streamline HR processes, enhance collaboration, and boost productivity.
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The company’s commitment to delivering innovative HR software solutions has earned it a reputation as a trusted partner for SMBs seeking to streamline their HR operations and better manage their workforce. Today, PrismHR serves more than 88,000 businesses and 2 million employees across the United States. Summit Partners made a majority investment in the company in 2017, while Accel-KKR made a minority growth equity investment in Davison, a leading player in the PEO industry that uses PrismHR’s industry-leading cloud-based technology platform, HRPyramid.
Stone Point Capital, a private equity firm with experience in PEO, employee benefits, and HR technology, invested in PrismHR in 2021. These investments have been instrumental in the growth and expansion of PrismHR, allowing the company to develop and expand its platform to meet the growing demands of its clients and their end customers. It has received crucial investments from leading private equity firms, including Stone Point Capital, Summit Partners, and Accel-KKR. With PrismHR’s software solutions, SMBs can improve their operational efficiency, reduce HR-related costs, and enhance their compliance and risk management efforts. Its software solutions are designed to meet the unique needs of SMBs, enabling them to automate their HR processes, such as payroll, benefits administration, time and attendance tracking, and performance management. The company caters to a wide range of industries, including healthcare, hospitality, manufacturing, retail, and technology. The company was founded in 1985 and is headquartered in Hopkinton, Massachusetts, USA. PrismHR is a leading provider of HR software solutions that empower small and medium-sized businesses (SMBs) to streamline their HR processes and better manage their workforce.
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