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PayCycle logo — company profile

PayCycle

Founded 1999 United States Palo Alto, United States 13 employees Series D Total: $29.30M Enterprise Software, Financial Services +1

General Information

Company Name PayCycle
Founded Year 1999
Location United States Palo Alto, United States
Employees 13
Industries Enterprise Software, Financial Services, Payments
Funding Stage Series D
Social

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About PayCycle

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.

Business keywords: On-demand payroll, Accounting professionals, Small businesses, DIWY technology platform, Payroll management, Online payroll services, Palo Alto, California, Illinois, René Lacerte, Martin Gates, QuickBooks, W-2s, Small business payroll

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $8.50M 5
August Capital Doll Capital Management TTV Capital
August Capital, Doll Capital Management +3
27 Apr 2005
Series C $11.50M 1
August Capital
August Capital
09 Dec 2002
Series B $8.00M 1
August Capital
August Capital
01 Jan 2001
Series A $1.30M -
27 Sep 2000

PayCycle Alternatives & Competitors

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PayCycle vs
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PayCycle vs
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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 Enterprise Software, Financial Services and Payments. Its work centres on On-demand payroll, Accounting professionals, Small businesses and DIWY technology platform.
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 Deskera, Saasu, Slash, PayMint, Autobooks. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PayCycle and Deskera 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 PayCycle, https://bouncewatch.com/company/paycycle, updated 17 November 2024. When citing, please name BounceWatch and link this page.

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