OnPay
PrivateLast Round
Series B
Jan 7, 2025
Total Funding Raised
$69M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
OnPay is a payroll management and compliance software company that offers cloud-based solutions for small and medium-sized businesses, featuring employee self-onboarding, automated payroll taxes, unlimited pay runs, direct deposit, and tax payments.
Sector
Enterprise Software
Verticals
HR, Accounting & Expense, Compliance, Workflow Automation
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
OnPay Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
OnPay Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Jan 7, 2025 | ||||
| Debt | Jan 7, 2025 | ||||
| Series A | Jan 20, 2020 |
OnPay Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| AllianceBernstein | Series B |
| Bernstein Research | Series B |
| MC Credit Partners | Debt, Series B |
| Carrick Capital Partners | Series B |
| AB Private Credit Investors | Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 23, 2026
Added Carolina Diving Academy LLC as a customer.
- Feb 23, 2026
Launched expanded HR capabilities to streamline back-office tasks.
OnPay Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about OnPay's valuation, stock price, and market status.