We are thrilled to announce that Newton has been acquired by Paycor, a leading provider of workforce management software and payroll services!
We founded Newton in 2009 with a mission to build ATS software that we’d want to use, to sell it how we’d want to buy it and to provide the customer experiences that we’d expect as users. In 6 years, Newton was able to grow 17,000%, ship over 40 major updates, become the first mobile applicant tracking system, and be recognized as one of the fastest growing cloud apps of 2015. We did this without a dime of outside funding. As a bootstrapped company, we are proud of what our small, agile team has accomplished. It’s unprecedented, especially in a space that has attracted hundreds of millions of investment dollars in the past 24 months alone.
A NEW BEGINNING
We’re not done. In fact, this is a new beginning and a huge win for our customers (current and future), our employees, our partners and the HR industry at large. Newton + Paycor represents the HR technology industry’s most modern and thorough technology platform. Today, there is no provider with anywhere close to our robust mobile capabilities, our feature set, and our customer service expertise. Tomorrow and beyond, this merger allows us to accelerate the development of our award winning products to what we think will be the beginning of a truly special set of offerings for the mid-market HR practitioner.
As a long time partner of Paycor’s, we’ve come to know and trust an amazing organization whose associates and executives work tirelessly to make it easier for HR and recruiting professionals to hire, onboard and care for their employees. Collectively, our core values including an unwavering commitment to do the right thing are embodied in everything we do today and will continue to do in the future. Learn more about Paycor here.
THE PATH FORWARD
Newton will operate as an independent business unit of Paycor. Immediately, we’ll invest more resources to advance our product roadmap faster and to grow our team that creates amazing customer experiences. In the meantime, we’re committed to preserving the spirit, agility, and personality of Newton.