CloudPay provides global payroll, treasury, and on-demand pay solutions to multinational organizations.
CloudPay provides managed global payroll services to multinational organizations through a single, unified SaaS solution. By delivering end-to-end managed payroll services through an innovative platform, CloudPay ensures consistent and compliant payroll around the globe while reducing operating costs and minimizing manual processes. CloudPay’s services and technology standardize the payroll function across geographies, helping organizations increase efficiency, streamline compliance, and achieve greater visibility into payroll performance and costs. The CloudPay solution is backed by deep industry expertise earned over twenty-plus years of delivering services to over 2,500 multinational entities. CloudPay’s solution guarantees accurate payroll processing across 130+ countries in more than twenty-five languages. Positioned as a Leader in NelsonHall’s 2019 Payroll Outsourcing NEAT assessment and as an Achiever in Everest Group’s 2019 Multi-Country Payroll Platform report, CloudPay has won multiple awards for its technology and service, including Global Payroll Transformation Project of the Year Award (2017), Payroll Software Product of the Year (2018) and the prestigious Global Payroll Supplier of the Year (2019). To learn more, visit www.cloudpay.net.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 27, 2022 | Series Unknown | $50M | 2 | Runway Growth Capital The Olayan Group | — | Detail |
Aug 18, 2021 | Series Unknown | $58M | 3 | The Olayan Group | — | Detail |
Aug 4, 2020 | Series D | $35M | 1 | Runway Growth Capital | — | Detail |
Jan 1, 2020 | Debt Financing | $30M | — | — | — | Detail |
May 3, 2018 | Series C | $25M | 3 | Rho Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Runway Growth Capital | Yes | Series Unknown |
The Olayan Group | Yes | Series Unknown |
Rho Ventures | Yes | Series C |
Pinnacle Investment | — | Series Unknown |
Rho Capital Partners | — | Series Unknown |
Hercules Capital | — | Series C |
Pinnacle Ventures | — | Series C |