OnPay, a U.S.-based payroll service provider for small businesses and accountants, announced on Monday it secured $6 million through its Series A funding round. Founded in 2011, OnPay describes itself as a software company that offers small businesses and accountants payroll, HR and benefits services.
“Whether business owners have three employees or 1,000, OnPay makes payroll fast and easy. We also serve nonprofits, restaurants, religious organizations, and ag businesses without skipping a beat.Fair pricing without hidden costs has always been one of our hallmarks. OnPay may have gotten more powerful over the years, but our clients still get unlimited pay runs for hourly, salaried, tipped workers, and contractors for one low fee. Pay employees, automate tax payments and filings, and rely on OnPay’s guarantee that everything will be error-free.”
Speaking about the company’s growth and development, Jesse Burgess, Founder and CEO of OnPay, stated:
“Our rapid growth over the past year signals a significant demand for high-quality payroll services. With this funding, we will continue to scale and exceed the expectations of our clients, while focusing on innovative product-led development.”
In addition to product development, OnPay added it will use the investment to grow its team, expand its marketing efforts, and further enhance its award-winning customer experience.