Thera
Latest round
- Seed
Last raised
- Aug 2024
Total raised
- $4M
Investors
- 5
About Thera
, doing business as Thera, provides a comprehensive solution that allows companies to hire, pay, and manage employees and contractors worldwide while ensuring compliance with local laws and regulations. Thera offers a platform to streamline payroll processes while ensuring compliance with US regulations. The platform automates tax compliance, tax registrations, and the generation and distribution of W-2 forms, simplifying year-end processes for businesses. The platform also offers advanced payment solutions with features like AI-driven transfers and comprehensive reporting tools. The company also provides a platform that allows businesses to manage contractor payments, contracts, and compliance across 150+ countries. The tool supports multiple payout methods, including local bank transfers, SWIFT, and services like Wise and Payoneer, offering contractors flexibility in how they receive their payments. Additionally, Thera’s EOR platform facilitates the onboarding of international employees, manages payroll across different jurisdictions, and ensures compliance with local labor laws. The firm provides 24/7 dedicated customer support and leverages local HR expertise to assist clients in navigating complex regulations. The business offers a platform that enables users to manage bill payments and receivables from a single interface. The company provides seamless integration with over 40 accounting tools, allowing businesses to consolidate payments and handle transactions in various currencies. Thera generates revenue through a subscription-based model, which costs USD 199 for employer-of-record.
Who invested in Thera
5 investors across 2 rounds
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Questions about Thera
Who invested in Thera?
Thera has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Thera raised?
Thera has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Thera last raise money?
Thera's most recent round on record is a Seed, in Aug 2024.
What does Thera do?
, doing business as Thera, provides a comprehensive solution that allows companies to hire, pay, and manage employees and contractors worldwide while ensuring compliance with local laws and regulations.
Where is Thera headquartered?
Thera is headquartered in New York, US.
Which VCs invest in companies like Thera?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Thera's stage. Their profiles are linked below.
VCs backing software startups at Seed
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