Payroll

Maturing
Megatrend

Real Economy
Opportunity

Summary

77

Featured Companies

$10,006M

Total Raised In Trend

2

B10 Portfolio Companies

Hiring and Funding Speed

Slowest

Fastest

Trend Maturity

Early

Growth

Market

Growth

Trend growth is a proprietary composite score based on the speed of hiring and fundraising. Base11 benchmarks trend growth against the growth of other trends analysed through the Base11 platform.

Avg Trend Benchmark

Payroll

06/1604/1702/1812/1810/1908/2006/2104/22

Month Of

Yearly Financing

The total amount raised by companies in the trend by year.

$1,000M$2,000M$3,000M$4,000M'19'20'21'22

Funding by Segment

Integrated HRIS & Payroll28%
Payroll Advance22%
International Payroll18%
Multi-Jurisdiction Payroll17%
Compensation Management6%

Segments & Companies

Locations

Select...

Stages

Select...

Investors

Select...

Sort by

Compensation Management

Software and data to determine compensation strategy

Company

Founded

Stage

Raised

Employees (est)

HQ Location

Founder

Investors

PayScale

2002

Acquired

$33M

735

Seattle, United States

Sapphire Ventures, Trinity Ventures, Madrona, Allen & Company, Corporate Executive Board (CEB), and 2 others

Forma Ai

2016

Series B

$58M

165

Toronto, Canada

Golden Ventures, Crosslink Capital, Gaingels, Uncork Capital, ACME Capital, and 2 others

QuotaPath

2018

Series B

$71M

91

Philadelphia, United States

ATX Venture Partners, Insight Partners, Tribe Capital, HubSpot Ventures, Stage 2 Capital, and 1 others

Beqom

2008

Private Equity

$359M

145

Fribourg, Switzerland

Goldman Sachs, Sumeru Equity Partners, Swisscom Ventures, Renaissance, Eurazeo, and 6 others

PayAnalytics

2017

Series A

$4M

23

Reykjavík, Iceland

New Business Venture Fund, Eyrir Venture Management

Spiff

2017

Series B

$62M

255

Sandy, United States

Lightspeed Venture Partners, Norwest Venture Partners, Kickstart, Stripes, Album VC, and 13 others

Compaas

2017

Seed

$5M

14

San Francisco, United States

Core Ventures, Kapor Capital, Precursor Ventures, Bloomberg Beta, Forum Ventures, and 9 others

Spktral

2019

Seed

-

12

Edinburgh, United Kingdom

John Hall, Paul Atkinson, Philip Pritchard

Concert Finance

2017

Acquired

$2M

9

New York, United States

RTP Global, Techstars, Techstars New York City Accelerator

Integrated HRIS & Payroll

Payroll software and services bundled with other HR management software

Company

Founded

Stage

Raised

Employees (est)

HQ Location

Founder

Investors

Rippling

2016

Series D

$697M

1700

San Francisco, United States

Founders Fund, Kleiner Perkins, Bedrock Capital, Initialized Capital, Y Combinator, and 30 others

Justworks

2012

Series E

$143M

1100

New York, United States

FirstMark, Bain Capital Ventures, Thrive Capital, Union Square Ventures, Redpoint, and 10 others

BambooHR

2008

Other

-

1333

Lindon, United States

Sorenson Capital

Gusto

2011

Series E

$746M

2450

San Francisco, United States

General Catalyst, T. Rowe Price, Y Combinator, CapitalG, Fidelity Management and Research Company, and 112 others

OnPay

2011

Series A

$6M

110

Atlanta, United States

Paycor

1990

IPO

$270M

2472

Cincinnati, United States

Neuberger Berman Group, Qatar Investment Authority, Franklin Templeton Investments, Apax Partners, Canada Pension Plan Investment Board, and 3 others

Hourly

2018

Series A

$39M

112

Palo Alto, United States

S Capital, Glilot Capital Partners, J-Ventures, Inovia Capital, MS&AD Ventures, and 7 others

Fingercheck

2013

Other

-

95

Brooklyn, United States

Zenefits

2013

Acquired

$584M

493

San Francisco, United States

Andreessen Horowitz, TPG, Maverick Ventures, Fidelity, Venrock, and 29 others

GoCo.io Inc

2015

Series B

$28M

114

Houston, United States

ATX Venture Partners, Salesforce Ventures, Guardian Life, Digital Insurance, GIS Strategic Ventures, and 2 others

Finsync

2011

Other

-

61

Atlanta, United States

Namely

2012

Acquired

$218M

328

New York, United States

Sequoia Capital, Matrix Partners, True Ventures, GGV Capital, Scale Venture Partners, and 21 others

PeopleGuru

2016

Other

$4M

35

Tampa, United States

CF Holdings

SyncHR

2010

Acquired

$46M

57

Denver, United States

New Enterprise Associates, EPIC Ventures, Boulder Ventures, Service Provider Capital, Grayhawk Capital, and 3 others

Spur

2002

Other

-

2

San Diego, United States

International Payroll

Payroll automation designed to meet the needs of unique regions and geographies

Company

Founded

Stage

Raised

Employees (est)

HQ Location

Founder

Investors

Factorial

2016

Series C

$220M

833

Barcelona, Spain

Tiger Global Management, Creandum, Atomico, CRV, Ischyros New York, and 6 others

PayFit

2015

Series E

$496M

901

Paris, France

Eurazeo, Bpifrance, Accel, Kima Ventures, Otium Capital, and 11 others

Personio

2015

Series E

$724M

1625

München, Germany

Index Ventures, Accel, Northzone, Global Founders Capital, Greenoaks, and 15 others

GreytHR

1994

Series D

$17M

699

Bangalore, India

Blume Ventures, MegaDelta Capital, Info Edge, New Enterprise Associates

Bayzat

2013

Other

$29M

328

Dubai, United Arab Emirates

BECO Capital, Point72 Ventures, Mubadala Capital Ventures, Silicon Badia, Mohammed Bin Rashid Innovation Fund (MBRIF), and 8 others

NiYO Solutions

2015

Other

$164M

509

Bangalore, India

Horizons Ventures, Prime Venture Partners, Tencent, Accel, Lightrock, and 4 others

Wagepoint

2012

Acquired

$15M

106

Kitchener, Canada

TIMIA Capital, Extreme Venture Partners, Business Development Bank of Canada, Providence Strategic Growth, Atlantic Canada Opportunities Agency

dopay

2014

Series A

$24M

71

London, United Kingdom

FMO, Techstars Ventures, Kube VC, Force Over Mass Capital, NN Group, and 10 others

Humi

2016

Series B

$47M

149

Toronto, Canada

Drew Millington, Kevin Kliman, Kevin Kliman

more

Tribe Capital, FedDev, Kensington Capital Partners Limited, Y Combinator, Struck Capital, and 14 others

Roubler

2016

Acquired

$3M

57

Milton, Australia

Carthona Capital

Runa HR

2017

Other

$4M

168

Polanco, Mexico

Y Combinator, Susa Ventures, Salesforce Ventures, VU Venture Partners, Scribble Ventures, and 10 others

Worky

2017

Seed

$3M

72

Mexico City, Mexico

QED Investors, ARC Group Ventures, Outbound Ventures, LEAP Global Partners, STARTegy Ventures

Pento

2017

Series B

$54M

75

London, United Kingdom

Seedcamp, General Catalyst, Tiger Global Management, Point Nine, PreSeed Ventures, and 17 others

Vara

2020

Seed

$5M

-

Singapore, Singapore

Surge, Alpha JWC Ventures, Go-Ventures, RTP Global, FEBE Ventures, and 1 others

Multi-Jurisdiction Payroll

Payroll automation for multi-national organizations

Company

Founded

Stage

Raised

Employees (est)

HQ Location

Founder

Investors

Oyster

2020

Series C

$224M

636

Charlotte, United States

Stripes, Emergence, Connect Ventures, Georgian, LinkedIn, and 19 others

Papaya Global

2016

Series D

$445M

736

New York, United States

Insight Partners, Tiger Global Management, Group 11, Scale Venture Partners, Greenoaks, and 11 others

CloudPay

1996

Private Equity

$255M

874

Andover, United Kingdom

The Olayan Group, Runway Growth Capital, Rho Ventures, Pinnacle Ventures, Hercules Capital, and 2 others

Payslip

2016

Series A

$14M

91

Mayo, Ireland

Frontline Ventures, Mouro Capital, Middlegame Ventures, Allied Irish Banks, Phillip Chambers, and 6 others

Immedis

2016

Other

$78M

303

Dublin, Ireland

Scottish Equity Partners, Lead Edge Capital

Certino

2017

Other

-

23

London, United Kingdom

RemoteTeam.com

2019

Acquired

-

10

San Francisco, United States

Active Capital, Flex Capital, Jude Gomila, CapitalX, Firat Isbecer, and 14 others

Deel

2019

Other

$679M

-

San Francisco, United States

Andreessen Horowitz, Y Combinator, Coatue, Spark Capital, Ischyros New York, and 40 others

Payroll API

Payroll processing engine, or payroll data, provided as an API

Company

Founded

Stage

Raised

Employees (est)

HQ Location

Founder

Investors

Truv

2020

Series A

$29M

60

San Francisco, United States

Kleiner Perkins, Abstract Ventures, Soma Capital, Lachy Groom, Chapter One Ventures, and 12 others

Merge

2020

Series B

$75M

57

San Francisco, United States

Addition, New Enterprise Associates, Accel, Mischief, The Twenty Minute VC, and 7 others

Finch

2020

Series A

$19M

38

San Francisco, United States

Ansel Parikh, Ansel Parikh, Jeremy Zhang

more

Y Combinator, General Catalyst, Menlo Ventures, Chang Corporation, Bossanova Investimentos, and 7 others

atomic

2019

Series B

$69M

110

Salt Lake City, United States

Core Innovation Capital, Greylock, Mercato Partners, The FIS FinTech Accelerator in Partnership with The Venture Center, ATX Venture Partners, and 2 others

Pinwheel

2018

Series B

$77M

98

New York, United States

Coatue, GGV Capital, Edward Lando, Indeed, Upfront Ventures, and 18 others

Wage

2018

Seed

$5M

7

San Francisco, United States

Gradient Ventures, SoFi, 8VC, Pear VC, Bloomberg Beta, and 2 others

Check Technologies

2019

Series C

$119M

115

New York, United States

Stripe, Bedrock Capital, Index Ventures, Moving Capital, Contrary, and 4 others

Zeal

2013

Other

-

-

San Francisco, United States

more

Argyle

2018

Series B

$78M

-

New York, United States

Bain Capital Ventures, Checkr, F-Prime Capital, SignalFire, Operator Partners, and 1 others

Payroll Advance

Lending to enable faster access to employee payroll

Company

Founded

Stage

Raised

Employees (est)

HQ Location

Founder

Investors

Rain

2019

Series A

$13M

373

Santa Monica, United States

QED Investors, VentureSouq, Christian Edler, Fritz Lanman, Ethos VC, and 4 others

Wagestream

2018

Series C

$254M

209

London, United Kingdom

Northzone, BlackRock, QED Investors, Ascension, Balderton Capital, and 11 others

DailyPay

2015

Series D

$814M

760

New York, United States

Barclays Corporate Banking, RPM Ventures, Carrick Capital Partners, Fin Capital, Hard Yaka, and 10 others

Salary Finance

2015

Series D

$289M

272

London, United Kingdom

Legal & General, Blenheim Chalcot, Community Investment Management, Brightbridge Ventures, Future Fifty, and 1 others

Earnin

2012

Series C

$190M

257

Palo Alto, United States

Andreessen Horowitz, Felicis Ventures, Matrix Partners, Spark Capital, DST Global, and 7 others

Branch International

2015

Series C

$274M

215

San Francisco, United States

Andreessen Horowitz, Visa, Foundation Capital, Trinity Ventures, Barium Capital, and 10 others

Everee

2018

Series A

$14M

48

Salt Lake City, United States

Origin Ventures, Signal Peak Ventures, Service Provider Capital, Rainfall Ventures, Aura Ventures, and 2 others

minu

2019

Series A

$27M

124

Mexico City, Mexico

FinTech Collective, Village Global, Banco Sabadell Mexico, QED Investors, VEF, and 7 others

Instant Financial

2015

Corporate Round

$15M

52

Alpharetta, United States

Real Ventures, TTV Capital, Kinetic Ventures, InComm, ITC Capital Partners, and 7 others

Hastee

2017

Other

$276M

37

London, United Kingdom

KG Investments, Umbra Capital Partners, IDC Ventures, ID8 Investments

Vertical Payroll

Payroll automation for a specific end market

Company

Founded

Stage

Raised

Employees (est)

HQ Location

Founder

Investors

Squire

2015

Series D

$167M

228

New York, United States

Tiger Global Management, CRV, Trinity Ventures, 43North, ICONIQ Capital, and 19 others

Wrapbook

2018

Series B

$131M

206

New York, United States

Andreessen Horowitz, Equal Ventures, Tiger Global Management, Uncork Capital, WndrCo, and 5 others

Nowsta

2015

Series B

$55M

100

Brooklyn, United States

Armand Patella, Nicholas Lillios

more

GreatPoint Ventures, Green Visor Capital, Ulu Ventures, Tribe Capital, Mastercard Start Path, and 9 others

Push Technologies

2013

Other

-

77

Vancouver, Canada

Right Side Capital Management

Homebase

2014

Series C

$99M

504

San Francisco, United States

Khosla Ventures, Bain Capital Ventures, GGV Capital, Cowboy Ventures, Bedrock Capital, and 11 others

LASSO

2014

Series A

$7M

98

Nashville, United States

Clay Sifford

more

McCarthy Capital

GreenSlate

2004

Private Equity

-

190

New York, United States

Veronis Suhler Stevenson

Wurk

2015

Series A

$24M

78

Denver, United States

Poseidon Asset Management, Arcview Group, CanopyBoulder, ARCADIAN Fund, Wurk, and 4 others

Hotel Effectiveness Solutions

2007

Acquired

-

53

Roswell, United States

Growth Street Partners

Paybook

2011

Seed

$2M

33

Austin, United States

Avalancha Ventures, Texas Venture Labs

Ganaz

2017

Series A

$10M

34

Seattle, United States

Trilogy Equity Partners, Founders' Co-op, The Helm, Bessemer Venture Partners, Script Capital, and 9 others

Miter

2021

Other

-

-

San Francisco, United States

Financing

Top Investors

Investor

Companies Backed

Rounds Participated In

Rounds Led

Companies

Andreessen Horowitz

5

21

13.0

Earnin, Zenefits, Branch International, Wrapbook, Deel

Tiger Global Management

5

8

5.0

Squire, Factorial, Papaya Global, Wrapbook, Pento

Bedrock Capital

5

10

3.0

Rippling, Check Technologies, Homebase, Finch, Argyle

Salesforce Ventures

5

8

0.0

Oyster, Gusto, GoCo.io Inc, Spiff, Runa HR

Trinity Ventures

4

16

5.0

Squire, Earnin, Branch International, PayScale

Accel

4

12

5.0

Merge, Personio, PayFit, NiYO Solutions

QED Investors

4

8

4.0

Rain, Wagestream, minu, Worky

Coatue

4

6

2.0

Earnin, Rippling, Pinwheel, Deel

Altimeter Capital

4

5

1.0

Gusto, Personio, Namely, Deel

Bossanova Investimentos

4

4

0.0

Squire, Bayzat, Humi, Finch

ATX Venture Partners

3

17

9.0

GoCo.io Inc, QuotaPath, atomic

Bain Capital Ventures

3

13

6.0

Justworks, Homebase, Argyle

Kleiner Perkins

3

9

5.0

Rippling, Truv, Gusto

Insight Partners

3

11

5.0

Zenefits, Papaya Global, QuotaPath

General Catalyst

3

11

5.0

Gusto, Finch, Pento

Recent Rounds

Largest Rounds

Company

Segment

Round Date

Round Size

Round Stage

Investors

LASSO

Vertical Payroll

11/22

$5M

Series A

McCarthy Capital

CloudPay

Multi-Jurisdiction Payroll

10/22

$50M

Private Equity

The Olayan Group, Runway Growth Capital

Merge

Payroll API

10/22

$55M

Series B

Accel, Addition, New Enterprise Associates, Evening Fund

Factorial

International Payroll

10/22

$120M

Series C

Atomico, Tiger Global Management, Ischyros New York, Creandum, GIC, and 2 others

LASSO

Vertical Payroll

09/22

$0M

Other

GoCo.io Inc

Integrated HRIS & Payroll

09/22

$15M

Series B

ATX Venture Partners

Bayzat

International Payroll

08/22

$0M

Other

Mohammed Bin Rashid Innovation Fund (MBRIF)

NiYO Solutions

International Payroll

07/22

$30M

Other

Multiples

Personio

International Payroll

06/22

$200M

Series E

Greenoaks, Accel, Lightspeed Venture Partners, Northzone, Global Founders Capital, and 4 others

Finch

Payroll API

06/22

$15M

Series A

Menlo Ventures, Y Combinator, General Catalyst, Bedrock Capital, SemperVirens Venture Capital

PeopleGuru

Integrated HRIS & Payroll

06/22

$4M

Other

CF Holdings

Hourly

Integrated HRIS & Payroll

06/22

$32M

Series A

Glilot Capital Partners, J-Ventures, MS&AD Ventures, S Capital, Vintage Investment Partners, and 2 others

Personio

International Payroll

05/22

$0M

Other

Humi

International Payroll

05/22

$20M

Series B

Kensington Capital Partners Limited, Tribe Capital, Struck Capital, Flex Capital, TELUS Ventures, and 3 others

Humi

International Payroll

05/22

$5M

Debt

Forma Ai

Compensation Management

05/22

$45M

Series B

ACME Capital, Gaingels, Uncork Capital, Golden Ventures, Crosslink Capital, and 1 others

Gusto

Integrated HRIS & Payroll

05/22

$55M

Series E

Friends & Family Capital

Deel

Multi-Jurisdiction Payroll

05/22

$50M

Other

Andreessen Horowitz, Ischyros New York, Y Combinator, Emerson Collective, Spark Capital

Rippling

Integrated HRIS & Payroll

05/22

$250M

Series D

Bedrock Capital, Kleiner Perkins, Sequoia Capital, Y Combinator, Empede Capital

Worky

International Payroll

05/22

$0M

Note

ARC Group Ventures, Outbound Ventures

QuotaPath

Compensation Management

04/22

$41M

Series B

Tribe Capital, Insight Partners, ATX Venture Partners, Stage 2 Capital, ‎Integr8d Capital

Oyster

Multi-Jurisdiction Payroll

04/22

$150M

Series C

Georgian, LinkedIn, Stripes, PayPal Ventures, Emergence, and 8 others

Wagestream

Payroll Advance

04/22

$60M

Series C

BlackRock, Silicon Valley Bank, Smash Capital, Ischyros New York, Village Global, and 6 others

Wagestream

Payroll Advance

04/22

$115M

Debt

Silicon Valley Bank

Beqom

Compensation Management

04/22

$300M

Private Equity

Sumeru Equity Partners

DailyPay

Payroll Advance

03/22

$300M

Debt

Barclays Corporate Banking

Argyle

Payroll API

03/22

$55M

Series B

SignalFire, Checkr, Bain Capital Ventures, Bedrock Capital

atomic

Payroll API

03/22

$40M

Series B

Greylock, Mercato Partners, ATX Venture Partners, Core Innovation Capital, Portage Ventures

Truv

Payroll API

03/22

$25M

Series A

Kleiner Perkins, Soma Capital, Nyca Partners, Abstract Ventures, Elefund, and 2 others

NiYO Solutions

International Payroll

02/22

$85M

Series C

Accel, Lightrock, Prime Venture Partners, Beams FinTech Fund, JSCapital

Check Technologies

Payroll API

02/22

$75M

Series C

Stripe, Moving Capital, Index Ventures, Contrary, Bedrock Capital, and 2 others

Nowsta

Vertical Payroll

01/22

$41M

Series B

GreatPoint Ventures, Tribe Capital, Compound, VMG Partners, Rally Ventures, and 2 others

Pinwheel

Payroll API

01/22

$50M

Series B

GGV Capital, Coatue, Indeed, Franklin Templeton Investments, American Express Ventures, and 5 others

PayFit

International Payroll

01/22

$287M

Series E

General Atlantic, Eurazeo, Bpifrance, Accel

PayAnalytics

Compensation Management

12/21

$3M

Series A

Eyrir Venture Management, New Business Venture Fund

Pento

International Payroll

12/21

$35M

Series B

Tiger Global Management, Avid Ventures, Seedcamp, General Catalyst, LocalGlobe

Rain

Payroll Advance

12/21

$0M

Series A

VentureSouq

GreytHR

International Payroll

11/21

$7M

Series D

Info Edge, MegaDelta Capital

Wrapbook

Vertical Payroll

11/21

$100M

Series B

Tiger Global Management, Andreessen Horowitz, Uncork Capital, Equal Ventures, WndrCo

Merge

Payroll API

11/21

$15M

Series A

Addition, New Enterprise Associates, Mischief, The Twenty Minute VC, Not Boring

Rippling

Integrated HRIS & Payroll

10/21

$250M

Series C

Sequoia Capital Global Equities, Y Combinator, Founders Fund, Initialized Capital, Kleiner Perkins, and 2 others

Deel

Multi-Jurisdiction Payroll

10/21

$425M

Series D

Coatue, Andreessen Horowitz, Neo, Y Combinator Continuity Fund, Spark Capital, and 6 others

atomic

Payroll API

10/21

$22M

Series A

Core Innovation Capital, Portage Ventures, Greylock Capital Management

Personio

International Payroll

10/21

$270M

Series E

Greenoaks, Accel, Lightspeed Venture Partners, Northzone, Global Founders Capital, and 4 others

Runa HR

International Payroll

09/21

$0M

Other

VU Venture Partners

dopay

International Payroll

09/21

$18M

Series A

FMO, Kube VC, Force Over Mass Capital, NN Group, Alder, and 1 others

Papaya Global

Multi-Jurisdiction Payroll

09/21

$250M

Series D

Tiger Global Management, Insight Partners, Bessemer Venture Partners, IVP, Group 11, and 5 others

Factorial

International Payroll

09/21

$80M

Series B

Tiger Global Management, Creandum, CRV, Point Nine, K Fund, and 1 others

CloudPay

Multi-Jurisdiction Payroll

08/21

$58M

Other

The Olayan Group, Rho Capital Partners, Pinnacle Investment

Beqom

Compensation Management

08/21

$0M

Other

Golub Capital

Rain

Payroll Advance

08/21

$0M

Other

Ethos VC

Gusto

Integrated HRIS & Payroll

08/21

$175M

Series E

T. Rowe Price, General Catalyst, Fidelity Management and Research Company, Emerson Collective, Generation Investment Management, and 10 others

Rain

Payroll Advance

08/21

$0M

Seed

Christian Edler

Homebase

Vertical Payroll

07/21

$71M

Series C

GGV Capital, Cowboy Ventures, Khosla Ventures, Bain Capital Ventures, Bedrock Capital, and 10 others

QuotaPath

Compensation Management

07/21

$21M

Series A

Insight Partners, ATX Venture Partners, Stage 2 Capital, HubSpot Ventures, ‎Integr8d Capital

Squire

Vertical Payroll

07/21

$60M

Series D

Tiger Global Management, CRV, Trinity Ventures, ICONIQ Capital

Instant Financial

Payroll Advance

07/21

$0M

Corporate Round

InComm

Vara

International Payroll

07/21

$5M

Seed

Surge, Alpha JWC Ventures, Go-Ventures, RTP Global, Taurus Ventures, and 1 others

Oyster

Multi-Jurisdiction Payroll

06/21

$50M

Series B

Stripes, Emergence, Slack Fund, Avid Ventures

atomic

Payroll API

06/21

$0M

Seed

The FIS FinTech Accelerator in Partnership with The Venture Center

Pinwheel

Payroll API

06/21

$20M

Series A

Coatue, Pareto Holdings, Upfront Ventures, First Round Capital, Gokul Rajaram, and 9 others

Ganaz

Vertical Payroll

06/21

$7M

Series A

Trilogy Equity Partners, Techstars, Bessemer Venture Partners, Ascend, AgFunder, and 2 others

Spiff

Compensation Management

06/21

$46M

Series B

Lightspeed Venture Partners, Norwest Venture Partners, Stripes, Kickstart, Salesforce Ventures, and 8 others

RemoteTeam.com

Multi-Jurisdiction Payroll

06/21

$0M

Pre-Seed

Active Capital, Flex Capital, Jude Gomila, CapitalX, Firat Isbecer, and 14 others

Pento

International Payroll

05/21

$15M

Series A

General Catalyst, Seedcamp, Matt Robinson, Hustle Fund, Moonfire Ventures, and 10 others

Payslip

Multi-Jurisdiction Payroll

05/21

$10M

Series A

Mouro Capital, Middlegame Ventures, Frontline Ventures, Phillip Chambers, Tribal.vc, and 2 others

DailyPay

Payroll Advance

05/21

$175M

Series D

Carrick Capital Partners, Sand Hill Angels, RPM Ventures, Red Hook Capital

DailyPay

Payroll Advance

05/21

$325M

Debt

Merge

Payroll API

05/21

$5M

Seed

New Enterprise Associates, Matthew Prince, Ben Herman, Tim Junio, Matt Kraning, and 1 others

Wurk

Vertical Payroll

04/21

$4M

Series A

Wurk, Arcview Group, Poseidon Asset Management, Salveo Capital

Deel

Multi-Jurisdiction Payroll

04/21

$156M

Series C

Andreessen Horowitz, Y Combinator Continuity Fund, Spark Capital, Lachy Groom, Cem Garih, and 6 others

Wage

Payroll API

04/21

$5M

Seed

Gradient Ventures, SoFi, 8VC, Pear VC, Bloomberg Beta, and 2 others

Nowsta

Vertical Payroll

04/21

$0M

Other

Ulu Ventures

LASSO

Vertical Payroll

04/21

$0M

Seed

Humi

International Payroll

03/21

$2M

Debt

FedDev

Salary Finance

Payroll Advance

03/21

$150M

Debt

Community Investment Management

PayFit

International Payroll

03/21

$107M

Series D

Eurazeo, Bpifrance, Accel, Xavier Niel, Frst

Forma Ai

Compensation Management

03/21

$10M

Series A

Crosslink Capital, Uncork Capital, Panache Ventures, Golden Ventures, Xfund

Wrapbook

Vertical Payroll

03/21

$27M

Series A

Andreessen Horowitz, Uncork Capital, Equal Ventures, WndrCo, Michael Ovitz

Papaya Global

Multi-Jurisdiction Payroll

03/21

$100M

Series C

Greenoaks, Insight Partners, Bessemer Venture Partners, IVP, Access Ventures, and 6 others

minu

Payroll Advance

03/21

$14M

Series A

FinTech Collective, Village Global, VEF, FJ Labs, QED Investors, and 4 others

minu

Payroll Advance

03/21

$3M

Debt

Banco Sabadell Mexico

Truv

Payroll API

02/21

$4M

Seed

Abstract Ventures, Soma Capital, Lachy Groom, Chapter One Ventures, Worklife, and 9 others

Oyster

Multi-Jurisdiction Payroll

02/21

$20M

Series A

Emergence, Connect Ventures, Slack Fund, Joe Thomas, s16vc, and 1 others

Check Technologies

Payroll API

01/21

$35M

Series B

Stripe, Thrive Capital

Personio

International Payroll

01/21

$125M

Series D

Index Ventures, Meritech Capital Partners, Accel, Lightspeed Venture Partners, Northzone, and 2 others

Paycor

Integrated HRIS & Payroll

01/21

$270M

Private Equity

Neuberger Berman Group, Qatar Investment Authority, Franklin Templeton Investments, ClearBridge Investments, Leumi Partners, and 1 others

Hastee

Payroll Advance

01/21

$0M

Other

KG Investments

Rain

Payroll Advance

12/20

$9M

Seed

QED Investors, VentureSouq, Fritz Lanman, CM Ventures, Russell Cook, and 2 others

Salary Finance

Payroll Advance

12/20

$27M

Series D

Wage

Payroll API

12/20

$0M

Seed

Squire

Vertical Payroll

12/20

$15M

Debt

Squire

Vertical Payroll

12/20

$45M

Series C

ICONIQ Capital, Tiger Global Management, Bossanova Investimentos, CRV, Trinity Ventures, and 10 others

Finch

Payroll API

12/20

$4M

Seed

General Catalyst, Chang Corporation, Y Combinator, Menlo Ventures, Bossanova Investimentos, and 5 others

Immedis

Multi-Jurisdiction Payroll

12/20

$50M

Other

Lead Edge Capital

QuotaPath

Compensation Management

12/20

$4M

Series A

HubSpot Ventures

minu

Payroll Advance

11/20

$4M

Seed

Salkantay Ventures

Argyle

Payroll API

10/20

$20M

Series A

Bain Capital Ventures, F-Prime Capital, Operator Partners, Checkr, Bedrock Capital

Papaya Global

Multi-Jurisdiction Payroll

09/20

$40M

Series B

Scale Venture Partners, Insight Partners, Bessemer Venture Partners, Group 11, Access Industries, and 4 others

Deel

Multi-Jurisdiction Payroll

09/20

$30M

Series B

Spark Capital, Y Combinator, Deel, Alexis Ohanian, Ryan Petersen, and 5 others