OnPay

OnPay is a software company that offers cloud-based payroll, benefits and HR services to small businesses and accountants across 50 states in the US. Key platform features include unlimited payroll runs, capabilities in handling complex payroll structures, automated tax filing and onboarding tools. Notably, the company offers automated tax filing features for a range of clients, including restaurants, farms, and churches.

In November 2022, the company doubled its employee headcount since the summer of 2021, as part of its strategy to scale its team and operations to support customers growing payroll needs.

The platform operates a fixed fee plus subscription pricing model starting at USD 6 per month per user with a base fee of USD 40 per month.

Key customers and partnerships

As of January 2020, the platform offered services to over 10,000 customers across the US, and has integrations with accounting softwares Quickbooks and Xero.

Funding and financials

In January 2020, the company raised USD 6 million in an oversubscribed Series A funding round. Funds were earmarked to scale its product offerings, grow its team and expand its marketing initiatives. As part of the round, Tony Catalfano, former CEO of Worldpay US, joined OnPay’s board of directors.