Justworks aims at a $2 billion valuation

New York-based HR management platform Justworks is aiming to offer 7 million shares at between US$28 and US$32 per share in its public debut in the United States. The start-up can raise up to $224 million at over $2 billion valuation at the top end of the price range. The company be listed on the Nasdaq under the symbol "JW".

Backed by Bain Capital, Thrive Capital, and Index Ventures, Justworks raised $148 million to date and was last valued at $590 million after closing a $50 million Series E round in January last year.