OnPay
Latest round
- Series B
Last raised
- Jan 2025
Total raised
- $63M
Investors
- 2
About OnPay
OnPay, Inc.Founded in 2011 in Atlanta, US, OnPay, Inc. specializes in providing payroll and HR solutions for businesses.OnPay provides comprehensive payroll, human resources (HR), and benefits administration services designed to streamline business operations for companies of all sizes. The core offerings include a user-friendly payroll platform that allows businesses to pay employees and contractors efficiently, manage payroll taxes, and handle related calculations seamlessly. In addition to payroll processing, OnPay’s HR features facilitate hiring, onboarding, and employee management, ensuring that organizations remain compliant with relevant regulations. The platform also supports employee benefits administration, including health insurance, workers' compensation, and retirement plans like 401(k)s.OnPay operates on a subscription-based revenue model, offering tiered pricing plans that cater to different business needs and sizes.00 per month, providing access to its suite of payroll and HR services. The transaction structure primarily involves B2B interactions, where businesses utilize OnPay's platform to streamline their payroll processes and manage HR tasks. Services such as direct deposit payroll, benefits management, and compliance tools are included in these subscriptions, ensuring that clients receive comprehensive support.In January 2025, OnPay, Inc. OnPay is focusing on expanding its product offerings and entering new markets, although specific new products and regions have yet to be disclosed.
Who invested in OnPay
2 investors across 1 round
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Funding rounds
Series B
Jan 7, 2025
Amount
$63M
Investors
Questions about OnPay
Who invested in OnPay?
OnPay has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OnPay raised?
OnPay has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did OnPay last raise money?
OnPay's most recent round on record is a Series B, in Jan 2025.
What does OnPay do?
OnPay is a software company.
Where is OnPay headquartered?
OnPay is headquartered in Atlanta, US.
Which VCs invest in companies like OnPay?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at OnPay's stage. Their profiles are linked below.
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