OnPay, a payroll, HR, and advantages platform primarily based in Atlanta, has secured over $100 million in funding.
This contains $63 million in Sequence B funding led by Carrick Capital Companions, with contributions from AB Non-public Credit score Buyers and current backers, plus further funding from MC Credit score Companions.
The brand new funds will assist OnPay enhance its merchandise, develop its partnerships, improve buyer help, and develop its providers for small and mid-sized companies throughout the U.S.
“This funding is an enormous step ahead and can assist us ship much more worth to the companies that rely upon us,”
mentioned OnPay CEO, Jesse Burgess.
Jim Madden, Co-CEO of Carrick Capital Companions, added,
“OnPay’s wonderful product and repair mannequin make it completely suited to fulfill the wants of small companies.”
FT Companions served because the advisor for this funding spherical.
Featured picture credit score: Edited from OnPay
