Company History
Dayforce History: Founding, Growth & Key Milestones
Founded 1992
When was Dayforce founded?
Dayforce was founded in 1992 by David Ossip and Ceridian Roots, making it 34 years old.
- Founded
- 1992
- Founders
- David Ossip and Ceridian Roots
- Milestones documented
- 12 (1992–2025)
- Current CEO
- David Ossip
- Acquisitions
- 4
| Year | Event |
|---|---|
| 1992 | Ceridian Corporation Origins |
| 2007 | Thomas H. Lee Partners Buyout |
| 2012 | Dayforce Acquisition |
| 2015 | Launch of Dayforce HCM |
| 2018 | Successful IPO |
| 2019 | Introduction of Dayforce Wallet |
| 2020 | Excelity Global Acquisition |
| 2021 | Ascender Acquisition |
| 2022 | Surpasses $1 Billion Revenue |
| 2023 | Global Expansion Milestone |
| 2024 | Official Rebrand to Dayforce, Inc. |
| 2025 | eloomi Acquisition Integration |
- Who founded Dayforce?
- Dayforce was founded by David Ossip and Ceridian Roots.
- When did Dayforce start?
- Dayforce was founded in 1992.
- How old is Dayforce?
- Dayforce is 34 years old as of 2026.
Founding Story
Founded in 1992 with Ceridian's payroll roots and supercharged by the 2012 acquisition of David Ossip's Dayforce startup.
Founders
David Ossip
Serial tech entrepreneur and software architect who created Dayforce in 2008 before selling to Ceridian in 2012 and taking the helm as CEO.
Ceridian Roots
Founded in 1992 as Comdata Network / Ceridian Corporation, providing foundational payroll and payment services before pivoting fully to cloud HCM.
Key Milestones
Ceridian Corporation Origins
Ceridian establishes its footprint in payroll processing and payment solutions.
Thomas H. Lee Partners Buyout
THL takes Ceridian private in a $5.3 billion leveraged buyout.
Dayforce Acquisition
Ceridian acquires Dayforce, bringing David Ossip on board and laying the groundwork for cloud HCM.
Launch of Dayforce HCM
Ceridian releases the fully unified, single-database Dayforce cloud platform.
Successful IPO
Ceridian HCM Holding Inc. goes public on the NYSE and TSX under ticker DAY.
Introduction of Dayforce Wallet
Pioneering earned wage access product launched, transforming employee financial wellness.
Excelity Global Acquisition
Expands Asia-Pacific payroll capabilities significantly.
Ascender Acquisition
Further solidifies leadership in Asia-Pacific cloud payroll and HCM.
Surpasses $1 Billion Revenue
Reaches major financial milestone reflecting rapid enterprise adoption.
Global Expansion Milestone
Expands continuous payroll coverage to over 160 countries.
Official Rebrand to Dayforce, Inc.
Ceridian HCM Holding Inc. officially changes its name and ticker brand to Dayforce, Inc.
eloomi Acquisition Integration
Integrates eloomi to supercharge learning management and talent development capabilities.
Major Acquisitions
Dayforce Corporation
2012Excelity Global
2020Ascender
2021eloomi
2024Keep researching Dayforce
Dayforce Company History FAQ
When was undefined founded and who started it?
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Related Strategic History
Compare founding milestones and corporate evolution
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