# PayrollHero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/payrollhero

- Industry: Telecoms
- Headquarters: San Francisco, US
- Website: www.payrollhero.com
- Total disclosed funding: $1M
- Latest round: Seed (Feb 1, 2013)
- Investors on record: 3

## About

PayrollHero offers innovative time and attendance management solutions designed to enhance workforce productivity through cloud technology. Their services focus on streamlining employee clocking processes and operational efficiency in various businesses.PayrollHero provides cloud-based time and attendance management solutions primarily for businesses in the Philippines and Singapore. Founded by Adam Baechler, Bryan Garcia, Mike S., Mike Stephenson, and Stephen Jagger, the company has its headquarters in San Francisco, US. In February 2013, PayrollHero raised CAD 1 million in Seed funding from investors including 500 Global, Mobio Technologies, and The Futura Corporation. The total amount raised by the company to date is CAD 1 million, and the current CEO is Mike S.PayrollHero specializes in time and attendance management solutions that leverage cloud technology to streamline workforce productivity. Its core offerings include the Selfie Clock In/Out feature, which enables employees to clock in and out using facial recognition, along with scheduling tools that can be created in seconds due to their interconnected system. The platform aims to minimize time theft and reduce manual reconciliation, providing accurate data and analytics to businesses. PayrollHero offers scalable solutions accessible from any device with an internet connection, targeting organizations looking to enhance operational efficiency through modern technology.PayrollHero operates on a subscription-based revenue model, where clients pay for access to the platform's suite of services. Pricing plans are tailored to the size and needs of the business, allowing companies to select the level of service that meets their operational requirements. Clients with a paid account benefit from features like time tracking, analytics, and scheduling without requiring additional hardware. This model generates predictable revenue streams for PayrollHero, supported by a client-centric approach that boosts customer retention and financial stability.PayrollHero plans to leverage the recent CAD 1 million Seed financing raised in February 2013 to support product development and market expansion. The company is focused on designing new features for its platform, particularly enhancing its cloud services. Plans for expansion include targeting additional markets in Southeast Asia by the end of 2024, alongside efforts to optimize existing offerings to better serve its client base.

## Funding rounds

- Seed, Feb 1, 2013, $1M — 500 Global, Mobio Technologies, The Futura Corporation

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Mobio Technologies — Seed
- The Futura Corporation (https://capitalatlas.ai/funds/the-futura-corporation) — Seed