Hourly
Latest round
- Series A
Last raised
- Apr 2022
Total raised
- $34M
Investors
- 8
About Hourly
Hourly, Inc.Founded in 2019, Hourly, Inc. is based in Palo Alto, US. The company specializes in an integrated platform for payroll and workforce management. Shay Remembrance and Tom S founded the company.Hourly, Inc. specializes in providing an integrated platform that combines payroll, workers' compensation insurance, time tracking, human resources (HR), and GPS features into a single solution. Tailored for various industries, its offerings serve business owners needing efficient workforce management. The platform's real-time wage data minimizes unexpected expenses, ensuring clients only pay for necessary coverage.Hourly generates revenue primarily through a subscription-based model that integrates payroll processing and workers' compensation insurance. Clients pay a set fee based on their chosen plan, which may include varying service levels tailored to meet specific business needs. This model enhances cash flow management for Hourly while providing clients predictable budgeting for payroll and insurance costs.In November 2022, Hourly, Inc. The company plans to expand its offerings into new geographic regions, aiming for growth in the construction and logistics sectors across major urban areas in the United States by 2024.
Who invested in Hourly
8 investors across 3 rounds
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Questions about Hourly
Who invested in Hourly?
Hourly has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hourly raised?
Hourly has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Hourly last raise money?
Hourly's most recent round on record is a Series A, in Apr 2022.
What does Hourly do?
Hourly is a software company.
Where is Hourly headquartered?
Hourly is headquartered in Palo Alto, US.
Which VCs invest in companies like Hourly?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Hourly's stage. Their profiles are linked below.
VCs backing software startups at Series A
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