Wagepoint
Latest round
- Seed
Last raised
- Dec 2014
Total raised
- $2M
Investors
- 3
About Wagepoint
Founded in 2012 and based in Calgary, Canada, Wagepoint Inc. develops cloud-based payroll software for businesses., a portfolio company of Providence Equity Partners, acquired KinHR, LLC. The company offers a platform that allows employers to manage direct deposits, automate payroll taxes, and provide online access to paystubs, reducing administrative overhead and compliance risks. The features include direct deposit, automated tax calculations and remittances, the generation of paystubs, and support for employee self-service. The People by Wagepoint platform offers functionalities like employee onboarding, data management, performance reviews, time-off tracking, and electronic signatures. Wagepoint Inc. allows businesses to streamline employee scheduling, time tracking, and attendance management through an intuitive, mobile-friendly interface. This accessibility extends to both administrators and on-the-go employees, facilitating real-time updates and seamless communication. Additionally, Wagepoint handles year-end tax forms (T4/T4A) and record of employment (ROE) generation. The company employs a subscription-based revenue model, with pricing plans of CAD 20 per month (plus USD 4 per employee/contractor) for solo and CAD 40 per month (plus USD 5 per employee/contractor). The August 2022 acquisition will allow Wagepoint Inc. to complete its stack of small business products, and offer CEOs and founders take care of their people upon hiring.
Who invested in Wagepoint
3 investors across 1 round
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Funding rounds
Seed
Dec 9, 2014
Amount
$2M
Investors
Questions about Wagepoint
Who invested in Wagepoint?
Wagepoint has 3 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 Wagepoint raised?
Wagepoint has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Wagepoint last raise money?
Wagepoint's most recent round on record is a Seed, in Dec 2014.
What does Wagepoint do?
Founded in 2012 and based in Calgary, Canada, Wagepoint Inc.
Where is Wagepoint headquartered?
Wagepoint is headquartered in Calgary, Canada.
Which VCs invest in companies like Wagepoint?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Wagepoint's stage. Their profiles are linked below.
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