OnPay Secures $6M in Series A Funding
Summary
OnPay, an Atlanta, GA-based payroll service provider for small businesses and accountants, completed a $6m Series A funding round. The backers were not disclosed. As part of the round, Tony Catalfano, former CEO of Worldpay US, has joined OnPay’s board of directors. The company intends to use the funds to focus on product-led development, grow its team, expand its marketing efforts, and further enhance its customer experience. Led by Jesse Burgess, founder and CEO, and Mark McKee, president and COO, OnPay provides payroll, HR, and benefits services to more than 10,000 clients across the United States.
Funding
Amount
$6.0M
Total raised
Date
January 20, 2020
Announcement date
Investors
-
Lead investors
Company
onpay.com
Funded company
Classifications
industries
InsurTech
applications
Accounting and Taxes
AskAI Classifications
Labels
Payroll Software
HR Software
Benefits Administration Software
Linked Companies
OnPay
$10M to $25M