Comploy

What Comploy does

Comploy is a privately held Professional Employer Organization (PEO) and Administrative Services Organization (ASO) founded in 2015 by Chris Myers and headquartered in Denver, Colorado. The company delivers outsourced payroll, HR management, commercial insurance, employee benefits administration, talent management, and 401k services to more than 200 small and mid-market businesses across 34 U.S. states, with dedicated vertical specializations in cannabis, construction, and child care. Its go-to-market is consultative and sales-led, anchored by in-house experts across payroll, HR, insurance, and benefits, supported by a referral partner channel comprising CPAs, fractional CFOs, fractional HR firms, and financial institutions.

The underlying technology stack is the third-party isolved HRIS platform, which provides employee self-service, payroll processing, time and attendance, and benefits enrollment. Comploy layers proprietary process expertise on top of this platform, including geofenced timekeeping for construction job sites and cannabis-specific banking integrations via MRB-compliant banking partners. Pricing is quote-based and recurring (typically monthly), structured as a percentage of payroll or per-employee-per-month fees for PEO/ASO services, with additional revenue from commercial insurance commissions and benefits administration.

Comploy operates without disclosed institutional funding, is led by founder/CEO Chris Myers, and competes against national PEOs by emphasizing industry-specific regulatory expertise and personalized service rather than technology differentiation. The business model is asset-light, capital-efficient, and dependent on SMB client retention in regulated verticals.

Name

Comploy

Legal name

Comploy

Website

https://comployhr.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Comploy is a privately held Colorado-based PEO/ASO that delivers payroll, HR, benefits, commercial insurance, and talent management services to 200+ small and mid-market businesses across 34 U.S. states, with specialized offerings for the cannabis, construction, and child care industries.

Ownership category

akta.pro rank

Product category

Professional Employer Organization (PEO) and Payroll Services

NAICS

Professional Employer Organizations (561330), Professional Employer Organizations (56133)

SIC

Services-Employment Agencies (7361), Services-Engineering, Accounting, Research, Management (8700)

akta.pro industry

PRIMARYBPACAHAB

Professional Employer Organization (PEO) / Co-Employment Services

Business & Public Services/HR, Staffing & Recruitment Services/Employer of Record (EOR) & Global Employment / PEO Services

SECONDARYBPACAHAL

Onboarding, Offboarding & Employee Lifecycle Administration

Business & Public Services/HR, Staffing & Recruitment Services/Employer of Record (EOR) & Global Employment / PEO Services

SECONDARYHLAEALAA

Self-Funded Employer Plan TPA (ASO Administration)

Healthcare & Life Sciences/Health Insurance & Managed Care/Third-Party Administration (TPA) & Administrative Services Only (ASO)

SECONDARYHLAEAAAD

Administrative Services Only (ASO) for Employers

Healthcare & Life Sciences/Health Insurance & Managed Care/Commercial (Employer-Sponsored) Health Insurance

SECONDARYHLAEALAJ

Compliance, Reporting & Regulatory Administration (ERISA/ACA/No Surprises)

Healthcare & Life Sciences/Health Insurance & Managed Care/Third-Party Administration (TPA) & Administrative Services Only (ASO)

Keywords

• Payroll processing services
• Professional employer organization
• Human resources outsourcing
• Employee benefits administration
• Commercial insurance brokerage

Headquarters

HQ city

Wheat Ridge

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. PEO (Professional Employer Organization) Services: Co-employment model where Comploy becomes the employer of record for tax and insurance purposes while clients maintain operational control. Revenue generated through service fees based on employee count and services rendered.
2. ASO (Administrative Services Organization): Administrative HR services for companies that handle HR internally but need compliance support and payroll processing assistance. Provides supplementary HR coverage without co-employment.
3. Payroll Processing: Core payroll processing, tax filing, and compliance services offered as standalone or bundled with PEO/ASO services.
4. HR Management Services: Fractional HR professional services including compliance management, employee experience improvement, and HR support.
5. Commercial Insurance: Industry-specific commercial insurance plans including general liability, property, workers' compensation, business auto, and umbrella coverage.
6. Employee Benefits Administration: Benefits packages including health, dental, vision, 401k, and supplemental insurance. Revenue through administrative fees and volume-based pricing advantages from co-employment model.
7. Talent Management: Talent acquisition, electronic onboarding, continuing education, and employee engagement services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Comploy provides Professional Employer Organization (PEO) and Administrative Services Organization (ASO) solutions that bundle payroll processing, HR management, employee benefits administration, commercial insurance, and talent management for SMB and mid-market businesses. The company specializes in regulated industries — cannabis, construction, and child care — offering co-employment models with master health plan access, certified payroll reporting, and MRB-compliant banking partnerships. All services are delivered through the isolved HRIS platform supported by an in-house team of payroll, HR, insurance, and benefits experts.

Product overview

Comploy is a comprehensive HR and payroll service provider offering a modular platform solution that includes PEO (Professional Employer Organization) and ASO (Administrative Services Organization) as the primary engagement models. The core product suite encompasses Payroll Processing, HR Management, Commercial Insurance, Employee Benefits, Talent Management, Employee Self-Service, and 401k services. The company differentiates through industry-specific solutions for Cannabis, Construction, and Child Care sectors, each offering tailored versions of the core services. The platform is built on the isolved HR technology system with in-house experts providing service delivery across all modules.

Differentiator

Problem solved

Functional benefit

Products and services

• PEO (Professional Employer Organization) A fully customizable PEO package that establishes co-employment between Comploy and the client, providing shared liability, access to master health plans, and comprehensive human capital management services. Designed for businesses that want to outsource employer-of-record responsibilities for tax and insurance purposes while retaining operational control.
• ASO (Administrative Services Organization)
• Payroll Processing
• HR Management
• Commercial Insurance
• Employee Benefits (including 401k)
• Talent Management
• Cannabis Industry Solutions
• Construction Industry Solutions
• Child Care Industry Solutions

Quantifiable outcome

• 7-9% faster business growth for companies using PEO services (McBassi & Company / NAPEO study)
• +4 more outcomes

Named customers3 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Financial Institutions (Referral Partners)minorChannel Partner/ Reseller/ DistributorFinancial institutions including banks and credit unions refer business clients to Comploy for HR, payroll, benefits, and compliance services. These partners value providing comprehensive solutions to their business customers while earning referral incentives.
• CPAs (Referral Partners)minorChannel Partner/ Reseller/ DistributorCertified Public Accountants refer business clients needing payroll and HR support. CPA referral partners benefit from offering comprehensive back-office solutions to their business clients while maintaining their accounting relationships.
• Fractional HR Firms (Referral Partners)minorChannel Partner/ Reseller/ DistributorFractional HR firms that provide part-time HR leadership to SMBs refer clients needing more comprehensive PEO or ASO services. These partnerships help firms offer complete solutions to clients outgrowing fractional support.
• Fractional CFOs (Referral Partners)minorChannel Partner/ Reseller/ DistributorFractional CFO partners refer businesses needing comprehensive payroll and HR solutions. These financial leaders recognize when clients need outsourced HR infrastructure and recommend Comploy as a trusted partner.
• MRB-Compliant Banking PartnerscoreStrategic or Co-development PartnerMRB (Marijuana Revenue Bond) compliant banking partners provide essential banking services to cannabis clients. These partnerships are critical for cannabis businesses to maintain compliant banking relationships, access payroll services, and manage financial operations within regulatory requirements.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Justworks: Tech-forward PEO providing co-employment, payroll, benefits, and compliance tooling to SMBs. Comparable PEO/ASO positioning and similar target customer (small-to-mid-market), with stronger brand recognition and more modern user experience.
• ExtensisHR: PEO providing co-employment, benefits, payroll, and HR technology with vertical expertise across industries including healthcare and construction. Comparable mid-sized regional PEO positioning and similar product mix.
• Amplify PEO: PEO specializing in workers' compensation, payroll, and HR outsourcing for small businesses, with industry-specific expertise. Comparable mid-sized PEO focused on SMBs with vertical specialization similar to Comploy's industry-led go-to-market.
• Vensure Employer Services: PEO offering payroll, benefits, HR, and risk management with a focus on industry verticals including regulated industries. Highly comparable business model with vertical specialization similar to Comploy's cannabis/construction focus.
• Sequoia One: PEO/ASO provider offering payroll, benefits, HR, and compliance support with technology-forward delivery. Comparable mid-market PEO positioning with overlapping SMB customer base and similar service model.
• FrankCrum: PEO offering co-employment, payroll, benefits, and HR services with regional concentration in the Southeast U.S. Comparable mid-sized PEO with similar product mix and SMB target market.

Broad incumbents

• Insperity: Large publicly-traded PEO serving SMB and mid-market companies with co-employment, benefits, and HR technology. Direct competitor in the PEO/co-employment space, though operating at national scale versus Comploy's regional footprint.
• Paychex PEO: Paychex's PEO division offering co-employment, benefits, and HR outsourcing to SMBs. Direct competitor in the PEO space, leveraging Paychex's national payroll brand and scale advantages.
• ADP TotalSource: ADP's PEO division offering co-employment, benefits administration, HR technology, and compliance support. Largest PEO competitor by scale; competes head-to-head in the SMB-to-mid-market PEO segment Comploy serves.
• TriNet: Major PEO focused on small and mid-market businesses, offering co-employment, benefits, payroll, and HR technology. Comparable core offering to Comploy's PEO product, but with national scale and a technology-forward platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/comploy-inc
• Instagraminstagram.com/comploy_hr

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Comploy