PayCycle (Enterprise Software, Financial Services) — Funding, Investors & Signals 2026

PayCycle

Founded 1999

Palo Alto, United States 13 employees Series D Total: $29.30M Enterprise Software, Financial Services +1

PayCycle is a leader in on-demand payroll for small businesses and the accounting professionals who serve them. Headquartered in Palo Alto, California, with a second location in Schaumburg, Illinois, the company was founded in 1999 by René Lacerte and Martin Gates, both of whom previously worked at Intuit and were instrumental in leading QuickBooks into the payroll services area. PayCycle's mission is to make paper-based payroll obsolete, offering a unique Do-It-With-You℠(DIWY℠) technology platform that guides users through the entire payroll process online, from setup to paychecks to W-2s. The last investment of $8.50M in a Series D round took place on 27 April 2005 and involved notable investors such as August Capital, Doll Capital Management, TTV Capital, Conning Capital Partners, and Irwin Ventures. With a focus on Enterprise Software and Payments industries, PayCycle remains at the forefront of providing small businesses with a more accessible and affordable way to manage their payroll processes.

Funding Stage	Amount	Investors	Lead Investors	Date
Series D	••••••	5	•••• ••••	27 Apr 2005
Series C	••••••	1		09 Dec 2002
Series B	••••••	1		01 Jan 2001
Series A	••••••	-		27 Sep 2000

Funding Stage

Amount

Investors

Lead Investors

Date

Series D

••••••

•••• ••••

27 Apr 2005

Series C

••••••

09 Dec 2002

Series B

••••••

01 Jan 2001

Series A

••••••

27 Sep 2000

FAQ About PayCycle

PayCycle is the leader in on-demand payroll for small businesses and for the accounting professionals who serve them. Our company is headquartered in Palo Alto, California, with a second location in Schaumburg, Illinois. PayCycle was founded in 1999 by René Lacerte and Martin Gates, who worked to...

PayCycle was founded in 1999.

PayCycle is headquartered in Palo Alto, United States.

PayCycle operates in the following industries: Enterprise Software, Financial Services, Payments.

PayCycle has approximately 13 employees.

PayCycle has completed 4 funding rounds, raising a total of $29.30M. The latest funding stage is Series D.

Top alternatives and competitors to PayCycle include CheckMark, Inc., The Payroll Site Ltd, PADGETT®, Peters & Associates, P.C., Farrow & Associates. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

PayCycle and CheckMark, Inc. 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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