Workpay

Workpay

Private
KenyaEnterprise Softwarehttps://www.myworkpay.com

Last Round

Series A

Aug 22, 2024

Total Funding Raised

$18.77M

Momentum Score

25 /100

Company Overview

Workpay is a technology company that provides cloud-based employee management and payment software to help businesses efficiently manage and pay their employees on time.

Sector

Enterprise Software

Verticals

HR, Accounting & Expense, Compliance

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Non-AI

Keywords

payroll platformHR platformEmployer of RecordEORHR techmulti-country payrollHRISworkforce managementpayroll softwareHR softwaretax complianceoutsourced payrollemployee benefits administrationtime and attendancecontractor managementpayroll API

Historical Pricing

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Caplight Momentum Score

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Workpay Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Workpay Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series AAug 22, 2024
Series AJun 12, 2024
Early FundingFeb 21, 2023
SeedAug 13, 2020
AcceleratorMar 16, 2020

Key People

Founding team and executive leadership

Paul Kimani

Chief Executive Officer

Executive Team

Jackson Kibigo

COO CFO

Executive Team

Workpay Investors

Notable investors and investment history

InvestorRounds
Norrsken22Series A
Kara VenturesEarly Funding
ProparcoEarly Funding
Plug and Play Tech CenterSeries A
Acadian VenturesSeries A, Early Funding
Verod-Kepple Africa VenturesSeries A
P1 VenturesSeed, Early Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 1, 2026

    Added Actriv Healthcare Inc as a customer.

  • Jan 1, 2026

    Now operating in over 30 African countries.

Workpay Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Workpay Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Workpay's valuation, stock price, and market status.

Firmographic Details

HeadquartersKenya
Employee Range132
Year Founded2019
Last FundingAug 22, 2024

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