ADP Ventures

Profile and portfolio

Parent ADPHQ Roseland, United StatesFounded 2023

ADP Ventures is the corporate venture arm of ADP, a professional services firm. It was founded in 2023 and is based in Roseland, United States. It invests from seed to Series B. Sectors it names: enterprise software, fintech, artificial intelligence.

Every figure links to its source

Snapshot

Investment stage: Seed to Series B

Data behind this graphic

Data behind this graphic
Item	Value
Stage range	Seed to Series B
Sectors	Enterprise software, Fintech, Artificial intelligence
Geography	Global, North America
Offices	Roseland, United States

Sources: S2 About ADP Ventures.

Where it invests and who leads it

Geography

Headquarters: Roseland, United States
Offices: Roseland, United States

Investment regionsS2

LeadersS4

Usman 'Oz' KhanSenior Vice President and Head of ADP VenturesFind on LinkedIn Firm page
Shawn JungPrincipal and Lead InvestorFind on LinkedIn Firm page
Sam NasserDirector, InvestmentsFind on LinkedIn Firm page
Abhi ChakiSr. Director, Investments and Strategic PartnershipsFind on LinkedIn Firm page
Veni DhirDirector, InvestmentsFind on LinkedIn Firm page

ADP Ventures on LinkedIn

Key facts

Fact	Value	Status	Source
Parent company	ADP (NASDAQ: ADP)	Single source	S3
Parent industry	Professional services	Single source	S3
Founded	2023	Single source	S3
Headquarters	Roseland, United States	Single source	S3
Status	Active	Single source	S1
Capital source	Parent company only	Single source	S3
Stages	Seed, Series A, Series B (inferred from announced rounds)	Estimate	S2

About ADP

Item	Detail	Source
Listed as	NASDAQ: ADP	S3
Headquarters	United States	S3

For founders

Item	What the firm says	Source
Stages	Seed, Series A, Series B. Inferred from announced rounds; the firm does not state a range.	S2
Leads rounds	Sometimes	S2
Pitch page	ventures.adp.com/	S2

History

2023ADP launched ADP Ventures as its corporate venture capital arm and innovation labS3

Portfolio

The firm's portfolio page lists 5 companies.S3

Shared portfolio with other corporate VCs

3 companies on the ADP Ventures portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company website, or by name where no website is published.

Firm	Shared	Companies in common
CNO Financial Group Strategic Investments	1	Nayya
Unum Ventures	1	Nayya
Workday Ventures	1	Nayya
Breed Reply	1	Cocoon
GV	1	Thatch

Companies backed by the most corporate VCs

Every company on the ADP Ventures list

5 companies, as listed on the firm's own website.S3 Read the firm's list.

Cocoon
Fringe
Nayya
Thatch
Worky

Official pages

Read the firm's own pages for current information.

Website ventures.adp.com/
Portfolio ventures.adp.com/portfolio/

Sources

S1ADP Ventures homeFirm
S2About ADP VenturesFirm
S3ADP launches corporate venture capital fund (ADP press release)Parent company
S4ADP Ventures investment teamFirm

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by ADP Ventures or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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