Pyrion runs a staffing firm’s entire Deal-to-Cash lifecycle & beyond on one agentic platform, recovering ~$5.4M a year for a typical $200M firm in leakage, re-keys & trapped cash. Built for the underserved mid-market of the $230B US staffing market today — the complete revenue-management & human-capital platform for the decades ahead.
hello@pyrion.com · pyrion.com
US staffing — and the underserved mid-market center Pyrion is built for:
SIA 2025. Mid-market ($50M–$500M) holds the largest share of independent staffing revenue.
IT contract alone — the most stitched, mixed-workforce, MSP-heavy slice. Pyrion’s primary wedge.
$50M–$500M firms — the underserved center. Workday/SAP are enterprise-only; Crelate/PCRecruiter SMB-only.
3,400 firms × ~$200K blended ACV at full penetration — before services, training & connector revenue.
Of US contingent labor now flows through a VMS/MSP — up from 28% in 2018 (SIA Buyer Survey).
Mid-market staffing; net-60 terms plus VMS-portal & late-pay tail. MSP-managed books push 80–95.
Thin — every basis point of leakage is a percentage point of profit at this scale.
2021–24: Bullhorn $3B, Magnit $2B+, Beeline $1B+, VNDLY $510M, JobDiva ~$300M. Capital is flowing in.
Sources: Staffing Industry Analysts (US Market Forecast 2025; Buyer Survey; Financial Benchmarks); public mid-cap 10-Ks; announced M&A 2021–2024.
A mid-sized firm runs Deal-to-Cash across 5–7 disconnected systems, stitched together by people re-keying data — the front office and the back office never share a source of truth:
The front-office ATS/CRM never talks to the payroll & GL that fulfill the deal. The middle (onboarding, contracts, timecards, invoicing) is glued by hand — and postings, accruals, reconciliations, period close and reporting are ignored entirely.
Of staffing dollars now flow through a VMS — Fieldglass, Beeline, Magnit, VNDLY — yet most stacks can’t speak it. Only continuous, native feeds from every VMS/MSP collapse 7–8 disconnected systems into one source of truth.
Across seven systems — and 50–70% of back-office effort is moving data between them, not serving clients.
Multi-state tax, EDI 834, I-9/E-Verify, COIs & 1099s on checklists no single system owns — a standing audit risk.
Adds 5–10 days to DSO per dispute; >10% adds 20+ days — on payroll obligations that never wait.
The incumbents each made one box better. Nobody owns the wiring between them — the orchestration layer. Sources: SIA; AR/DSO benchmarks, CreditPulse / industry.
What running on stitched systems costs a typical $200M-revenue firm, every year — and it scales with revenue.
Of revenue, annually — pay/bill mismatches, unbilled OT, missed markups, expired rate cards. The silent EBITDA killer no dashboard surfaces in time.
Moving data between ATS, VMS, payroll, AP, benefits & GL. Pyrion compresses this to 5–20 FTEs — a 50–70% structural cut.
Signed contract to collected cash. A ~3–4 week unbilled lag (onboarding, first timecards, billing setup) sits ahead of an industry DSO of ~65 days — net-60 terms plus the VMS-portal & late-pay tail; MSP-managed books push 80–95. At $200M revenue, AR alone ties up ~$35M — and every 5 days shaved frees ≈ $2.7M of working capital.
Calendar days from cut to close — roughly half spent reconciling stitched systems and chasing the manual GL accrual spreadsheet.
Annual spend across seven point apps Pyrion replaces: ATS add-ons, timekeeping, AP automation, benefits, expense, AR collections, BI.
Carry an undocumented override, missing compliance artifact, or mis-classified worker — SOC 2, ACA & DOL exposure no spreadsheet defends.
Figures for a $200M firm from published benchmarks (SIA, TechServe Alliance / ASA, industry AR/DSO studies). Pyrion seals all six at once.
The mid-market gap is widening as three structural forces converge — and Pyrion sits squarely at their intersection:
~59M Americans freelance today; contingent labor heads toward ~50% by 2050 — more placements, more complexity to run.
Recruiter productivity +60% and ~27% profit uplift where AI runs the admin — the agentic shift Pyrion is built on.
What ~3,400 mid-market & mid-enterprise firms will spend on the human-capital & revenue stack — growing double digits, Pyrion’s runway beyond its ~$700M staffing-OS core.
Current opportunity: own the orchestration layer for the ~3,400 mid-sized & mid-enterprise firms ($50M–$500M). Future opportunity: the full human-capital stack for all ~25,000 US firms and beyond.
Sources: SHRM State of AI in HR 2026; Bullhorn 2026 Trends; freelance/contingent data (Upwork, Statista, ASA); HCM market growing ~10% CAGR (Mordor, Fortune Business Insights, TBRC). Segment HCM spend = ~3,400 firms × Pyrion ACV (core ~$185K; higher as the platform deepens into full HCM).
That gap is exactly what Pyrion fills. One agentic operating system orchestrates — and now runs — every signed deal from contract to collected cash: 11 lifecycles, 13 modules, zero stitching. “Where talent ignites revenues.”
At $200M revenue — leakage, re-keys & trapped cash, sealed.
Payback in under six months — the CFO math.
Every facet of staffing operations, fused into one engine.
At the orchestration-architecture layer for mid-market staffing.
| Recovered / yr | How Pyrion captures it | At $200M firm |
|---|---|---|
| Margin leakage sealed | Pay/bill matched, OT & markups billed, early-end caught | $2.0–4.0M |
| Re-key labor redeployed | 50–70% of data-movement headcount onto clients | $1.2–2.0M |
| Cash freed from DSO | Same-cycle invoicing & automated collections | $0.8–1.2M |
| Compliance & audit | Tax, COIs, EDI & 1099 locked into the cascade | $0.3–0.6M |
| Stack consolidated | 5–7 point apps retired | $0.2–0.5M |
| Total recovered | Every year, scaling with revenue | ~$5.4M+ |
The single command layer — nothing moves without its signal.
Every flow — Deal-to-Cash, New-Hire-to-Retire, Procure-to-Pay — as one.
Binds every module natively — no middleware, no silos.
One signal, ten reactions, zero re-keying. Stop it and every flow flatlines; pulse it and the whole firm beats in time.
One change ripples platform-wide — one signal, ten reactions.
Sees the miss while you can still prevent it — foresight, not forensics.
Self-driving Work Orders — set policy, clear exceptions.
The CEO Fireplace is where the numbers, the fire and the call all meet — a live operating screen for the CEO who runs the firm, not the one who reads about it three weeks later. Proof the platform is a running product, not a mockup.
Real-time KPIs over a rolling four-year trend. You see whether the team hits target this month or quarter — while you can still act, not in a post-mortem three weeks later.
One screen for the CEO who runs the firm. Drill from any tile straight into the underlying lifecycle — the deals, Work Orders and records behind the number — in two clicks.
A live operating system, not a BI dashboard. It doesn’t summarize what happened — it runs what’s happening. Approve a deal, escalate an aging WO, redirect a CRO, and it fires back into the cascade immediately.
| Capability | What it does | Bullhorn One | Avionté | CEIPAL | JobDiva | TempWorks | Pyrion |
|---|---|---|---|---|---|---|---|
| ATS & CRM | Applicant Tracking + Customer Relationship Mgmt — out-of-scope; Pyrion integrates, not replaces | ● | ● | ● | ● | ● | ○ |
| Unified Workforce Engine | W-2, 1099 & C2C consultants on one Work Order; three economies, one engine | ◐ | ◐ | ◐ | ◐ | ○ | ● |
| Native VMS | Works directly with Fieldglass, Beeline, Magnit and VNDLY, so rate limits and terms stay set on the Work Order | ◐ | ○ | ◐ | ● | ○ | ● |
| Vendor-Out Engine | Pays C2C subcontractors with 3-way match and committed vendor POs | ◐ | ○ | ○ | ◐ | ○ | ● |
| Accrual Engine | Native GL accruals post automatically at every cut; no spreadsheet bridge | ○ | ○ | ○ | ○ | ◐ | ● |
| Continuous Close | Month-end drops from 10–20 days to mostly automatic | ○ | ○ | ○ | ○ | ◐ | ● |
| Automated Reconciliation | VMS, HRMS and accounting auto-reconciled — line-by-line, every cycle | ○ | ○ | ○ | ○ | ◐ | ● |
| Engagement Cascade Engine | One Work Order save fires onboarding, payroll, invoicing, benefits, assets and GL | ○ | ○ | ○ | ◐ | ○ | ● |
| Unified Lifecycles | All 11 lifecycles, Deal to Cash, in one unbroken motion | ○ | ○ | ○ | ◐ | ○ | ● |
| Predictive Radar | Fires before the month is lost — foresight, not forensics | ◐ | ○ | ○ | ○ | ○ | ● |
| MSA Precedence + Audit Trail | Contract terms govern automatically, with a full override audit trail | ◐ | ○ | ○ | ◐ | ○ | ● |
| EDI 834 Benefits Enrollment | Automated carrier enrollment — Aetna, BCBS, Cigna | ◐ | ◐ | ○ | ○ | ○ | ● |
| Live CEO Fireplace | Run the firm from one live operating screen, not a BI dashboard | ○ | ○ | ○ | ○ | ○ | ● |
Source: public product docs, customer interviews & SIA buyer-evaluation guides, 2026. ATS/CRM is deliberately out-of-scope for Pyrion — it integrates with the incumbent rather than replacing it.
| Payrolled Employees | Base / mo | Per-Emp / mo | Connectors / mo | Total / mo | ACV (annual) | % of Cust. Spend |
|---|---|---|---|---|---|---|
| 500 | $2,000 | $10.00 | $2,400 | $9,400 | $112,800 | 0.23% |
| 750 | $2,000 | $9.00 | $2,400 | $11,150 | $133,800 | 0.18% |
| 1,000 | $2,000 | $8.00 | $2,400 | $12,400 | $148,800 | 0.15% |
| 1,500 | $2,000 | $7.00 | $2,400 | $14,900 | $178,800 | 0.12% |
| 2,000 | $2,000 | $6.50 | $2,400 | $17,400 | $208,800 | 0.10% |
| 3,000 | $2,000 | $6.00 | $2,400 | $22,400 | $268,800 | 0.09% |
| 4,000 | $2,000 | $5.50 | $2,400 | $26,400 | $316,800 | 0.08% |
| 5,000 | $2,000 | $5.00 | $2,400 | $29,400 | $352,800 | 0.07% |
Vertical-SaaS economics — cost scales far slower than ARR.
High-value, low-friction — defensible in any CFO procurement.
Existing customers pay ~20% more each year as they grow — no new sales needed.
Base $2,000/mo + per-employee tier; connectors flat across tiers — MSP/VMS $1,200 · HRIS $600 · benefits $400 · accounting $200 ($2,400/mo). Source: Pyrion Subscription Revenue Model.
| Year | Logos | Revenue | YoY | Exit ARR |
|---|---|---|---|---|
| 2027 | 25 | $1.6M | — | $3.0M |
| 2028 | 50 | $5.2M | +225% | $7.5M |
| 2029 | 75 | $9.6M | +85% | $12.5M |
| 2030 | 111 | $15.4M | +60% | $20.0M |
| 2031 | 146 | $23.6M | +53% | $27.0M |
Logos cumulative · revenue recognized · Exit ARR = end-of-year run-rate. Pyrion projections, illustrative; $270M base = 10× exit ARR.
Three forces make this the moment the orchestration layer gets built — and won by whoever moves first.
Software can finally run the cross-system cascade end-to-end, not just record it. 53% of organizations plan to increase AI use in hiring over two years.
Enterprise suites are too heavy; point tools solve one box. ~3,400 mid-market & mid-enterprise firms have no platform built for them — and the incumbents can’t scale down to serve them.
A contingent workforce heading to ~50% means more placements, more compliance, more complexity — and more pain Pyrion removes.
First mover at the architecture layer sets the defaults the rest of the market inherits. Sources: SHRM 2026; ASA; Upwork/Statista.
A category-defining wedge into a $230B market, a credible path to a $30B+ HCM platform, a real product live day one, and an entry priced at the floor — before the pilots prove it. The risk is structured out; the upside is structured in.
Priced before pilot proof — the cheapest Pyrion will ever be.
No one owns the mid-market orchestration layer. A category to define.
On the $270M base exit; 22× on the $465M upside.
Downside protected by a real, runnable platform — not a slide.
You’re buying a working product at pre-revenue pricing, in an uncontested category, with a decade-long expansion path — and, for the right partner, the platform’s own ROI on top.
Raising a $3.0M seed to fund the pilots, the integration build, and the first recurring revenue — the floor price, before pilot proof re-prices the next round upward. Here is where the capital goes.
Build & ship the VMS / payroll / HRMS / GL connectors with the first firms.
Land the first paying customers and the five charter partners.
Core engineering to harden the platform in production.
~18 months to a milestone-gated, higher-priced Series A.
at a $13.5M post-money — and three ways to come in, on the next slide.
The same $3.0M round, three ways to participate — each built for a different kind of backer. Be a strategic partner, the sole investor, or stage your conviction. One of these is yours.
Multiples on the $270M base unless noted. The Charter seat adds the platform’s own operating ROI on top of the equity. Full terms in the “Three Ways In” options deck.
On the lead position, at the same $13.5M entry. Three exit scenarios — and no scenario is a loss at this price.
Even the downside returns nearly 5× at this entry.
The central case — a low-double-digit multiple.
The category-winner case — before HCM + FCM expansion.
Illustrative; final pricing set at close. The Charter seat adds the platform’s operating ROI on top of the equity multiple.
Everything in this pitch — the 14-step cascade, the thirteen modules, the CEO Fireplace command center — is a running product, not a mockup. The demo that follows shows it firing on real workflows.
Live demo · CEO Fireplace & the full Deal-to-Cash flow
A $230B market today, a $30B+ human-capital platform ahead, no rival at the architecture layer, all thirteen modules live day one, and a $3.0M seed priced at the floor.
hello@pyrion.com · pyrion.com