Paylocity, a human resources and payroll software maker, has acquired a California upstart that specializes in workplace organizational tools.
Schaumburg-based Paylocity announced Monday that it purchased Samepage for an undisclosed amount. Samepage, founded in 2017 by Scott Schreiman and Martin Viktora, sells software for workers to manage tasks, communicate with coworkers and share files. Samepage has not disclosed how much funding it has raised, but its investors include Reflex Capital, a firm based in Prague.
By acquiring Samepage, Paylocity said it can now offer its clients better workflow resources as many companies look for ways to become more efficient amid remote work during the pandemic.
"In the last year, it's become increasingly clear that HR professionals want modern and unified solutions for employee communication and collaboration as they continue to manage remote workforces," said Paylocity CEO Steve Beauchamp in a statement. "We're thrilled to add Samepage's solutions to our portfolio, as this will provide us the opportunity to offer advanced collaboration capabilities extending beyond what is currently available to our clients in our community module."
Samepage is the second company Paylocity has acquired in 2020. In April, the company purchased VidGrid, a Twin Cities tech startup that makes business software for creating and sharing video, for an undisclosed price.
Paylocity, which went public in 2014, came in No. 9 on Fortune’s 100 Fastest-Growing Companies list last month. Paylocity generated $551 million in total revenue and $70 million in profits. The company's market cap is $9.8 billion.
