PaidRight

PaidRight

Protect your organisation from wage underpayments using technology with PaidRight.

Founded 2020

Australia 30 employees Series A Total: $6.00M Financial Services, Human Resources

PaidRight is an Australian startup offering a payroll compliance system that enables payroll, finance, and HR teams to review their entire payroll swiftly before pay is processed. The company's slogan, "Identify and fix payroll errors before they happen - for every employee, at every pay run," encapsulates its core mission. With the demanding nature of Australian payroll processes, errors can easily occur within the tight 72-hour timeframe for payroll disbursement. PaidRight's rapid review and workflow tools empower teams to address payroll issues proactively, ensuring all employees are correctly compensated every time. Established in 2020, PaidRight initially emerged as a collaborative venture with CSIROs Data 61 before transitioning into an independent entity in July 2020. The Sydney-based company has garnered attention for its commitment to enhancing trust between employees and employers regarding pay. Notably, the startup secured a Series A investment from Clinton Capital Partners on 01 September 2023, marking a significant milestone in its growth trajectory. Overall, PaidRight's innovative approach to payroll compliance aligns with the increasing need for streamlined and error-free payroll processes, making it a compelling venture for potential investors to consider.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$5.00M	1	Clinton Capital Partners	01 Sep 2023
Seed Round	$1.00M	1	Clinton Capital Partners	01 Jul 2020

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$5.00M

Clinton Capital Partners

01 Sep 2023

Seed Round

$1.00M

Clinton Capital Partners

01 Jul 2020

FAQ About PaidRight

Protect your organisation from wage underpayments using technology with PaidRight.

PaidRight was founded in 2020.

PaidRight is headquartered in Australia.

PaidRight operates in Financial Services and Human Resources. Its work centres on payroll compliance, payroll system, finance and HR.

PaidRight has approximately 30 employees.

PaidRight has completed 2 funding rounds, raising a total of $6.00M. The latest funding stage is Series A.

Top alternatives and competitors to PaidRight include CHS Payroll, Payroll Solutions, Workpay, Abhi, activpayroll. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

PaidRight and CHS Payroll 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.

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