OnPay logo — Top-rated payroll, HR, and benefits services for small busin...

OnPay

Top-rated payroll, HR, and benefits services for small businesses and their accountants.

Founded 2011 United States Atlanta, United States 176 employees Series B Total: $106.00M

General Information

Company Name OnPay
Founded Year 2011
Location United States Atlanta, United States
Employees 176
Funding Stage Series B
Business Model SaaS, B2B, B2B2B
Revenue Model Subscription, Usage Based, Service Fee

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About OnPay

OnPay, a growing player in the cloud-based payroll industry, is making its mark by providing streamlined payroll, HR, and benefits services specifically tailored for small businesses and accountants. Founded in 2011 and headquartered in the United States, the company prides itself on its expert-backed services, developed from more than 30 years of industry experience. Just as importantly, it offers transparent pricing that includes unlimited pay runs for varied worker types.

Critically acclaimed, OnPay has received high marks from both PC Magazine and Entrepreneur, underscoring its user-friendly and powerful capabilities. Beyond payroll, the company is also a licensed health insurance broker and offers integrated financial planning services such as 401(k) administration.

This strategy has attracted investor confidence, leading to a $63.00M Series B investment in January 2025 from Carrick Capital Partners and AB Private Credit Investors. The funds are directed towards advancing customer experience and expansion, positioning OnPay as a robust ally for small businesses.

Business keywords: Payroll Software, HR Services, Benefits Administration, Cloud Solutions, Small Business Solutions, Nonprofit Services, Restaurant Payroll, Ag Business Solutions, Tax Automation, Insurance Brokerage, 401(k) Plans, Workers' Compensation, Customer Support, Business Software, Digital Tax Filing

Services & Products

Payroll Processing
HR Automation
Benefits Administration
Employee Self-service
Compliance Management

Target Customers

Small Businesses Mid-size Businesses Nonprofits Restaurants Farms and Agriculture Retail Dentists Healthcare Providers Religious Organizations Gyms and Fitness Centers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $37.00M 1
MC Credit Partners
01 Jan 2025
Series B $63.00M 2
AllianceBernstein, Carrick Capital Partners
01 Aug 2024
Series A $6.00M -
01 Jan 2020

OnPay Alternatives & Competitors

View All Alternatives
OnPay vs
SurePayroll
SurePayroll United States

Giving Our Customers the Freedom to Succeed.

Acquired
289 employees
OnPay vs
Gusto
Gusto United States

On a mission to grow the small business economy with technology and heart. Trusted by 500K+ business...

Venture round
4494 employees
Enterprise Software, Financial Services
OnPay vs
Worklio
Worklio United States

Embedded Payroll + PEO Software Products

Series A
46 employees
Human Resources

FAQ About OnPay

Top-rated payroll, HR, and benefits services for small businesses and their accountants.
OnPay was founded in 2011.
OnPay is headquartered in Atlanta, United States.
OnPay has a SaaS, B2B and B2B2B business model. Its revenue comes from Subscription, Usage Based and Service Fee.
OnPay has approximately 176 employees.
OnPay has completed 3 funding rounds, raising a total of $106.00M. The latest funding stage is Series B.
OnPay offers: Payroll Processing, HR Automation, Benefits Administration, Employee Self-service, Compliance Management.
Top alternatives and competitors to OnPay include SurePayroll, Gusto, Worklio, Hooker & Holcombe (Acquired by USI Consulting Group), FreeAgent. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OnPay and SurePayroll are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for OnPay, https://bouncewatch.com/company/onpay, updated 1 April 2026. When citing, please name BounceWatch and link this page.

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