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CloudPay - About the company

CloudPay is a series G company based in Andover (United Kingdom), founded in 1996. It operates as a Provider of managed payroll processing and automated salary payment services. CloudPay has raised $334M in funding from investors like The Olayan Group, Runway Growth Capital and Rho Capital Partners. The company has 9877 active competitors, including 528 funded and 549 that have exited. Its top competitors include companies like Workday, Gusto and Intuit.

Company Details

Provider of managed payroll processing and automated salary payment services. This business offers cloud-based systems to handle employee compensation, tax compliance, and payment distribution. The platform integrates with human capital management software to synchronize workforce data and automate financial workflows. It facilitates salary disbursements and provides tools for managing payroll operations across various regulatory environments.
Social
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Email ID
*****@cloudpay.net
Phone Number
+44 **********
Key Metrics
Founded Year
1996
Location
Andover, United Kingdom
Stage
Series G
Total Funding
$334M in 8 rounds
Latest Funding Round
Ranked
Annual Revenue
£10M - £50M as on Dec 31, 2019
Employee Count
1,482 as on Jul 31, 2026
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CloudPay's funding and investors

CloudPay has raised a total funding of $334M over 8 rounds. Its first funding round was on Dec 17, 2008. Its latest funding round was a Series G round on Aug 08, 2024 for $*****. 4 investors participated in its latest round. CloudPay has 8 institutional investors.

Here is the list of recent funding rounds of CloudPay:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 08, 2024
9189304
Series G
3845350
8239241
7313115
4685694
Oct 27, 2022
5882478
Series F
6827429
2139230
5023628
7650682
Aug 13, 2021
9007764
Series E
6102444
9069783
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CloudPay's founders and board of directors

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Here are the details of CloudPay's key team members:

CloudPay's Board of Directors

CloudPay's board has 3 active members. John Brian Pearce and Roland Manfred Folz are part of team and Leon Roger Daniel is independent board member.
Here is the list of CloudPay's board of directors:
Name
Type
Representing
Status
Duration
zekwsdt
Team
-
Current
1y 6m
hf{{eyc
Team
-
Current
4y 1m
Independent board member
-
Current
0y 11m

CloudPay's employee count trend

CloudPay has 1,482 employees as of Jul 26. Here is CloudPay's employee count trend over the years:
Employee count trend for CloudPay
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CloudPay's Competitors and alternates

Top competitors of CloudPay include Workday, Gusto and Intuit. Here is the list of Top 10 competitors of CloudPay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Gusto
Gusto
2012, San Francisco (United States), Series E
Cloud-based payroll, benefits, and HR software for small and medium-sized businesses
$718M
84/100
3rd
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
4th
Logo for Oracle
Oracle
1977, Austin (United States), Public
Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management
-
83/100
5th
Logo for The Access Group
The Access Group
1991, Loughborough (United Kingdom), Acquired
Developer of business management software for finance human resources payroll
$1.49B
82/100
6th
Logo for Visma
Visma
1996, Oslo (Norway), Acquired
Developer of cloud software for business management and accounting tasks
$198M
82/100
7th
Logo for SAP
SAP
1972, Germany, Public
Provider of business applications, technology, and cloud enterprise resource planning
-
81/100
8th
Logo for Deltek
Deltek
1983, Herndon (United States), Acquired
Cloud based enterprise resource planning software provider for multi industries
$107M
81/100
9th
Logo for Infor
Infor
2002, New York City (United States), Acquired
Cloud based ERP software for multi industries
$1.52B
79/100
10th
Logo for Deel
Deel
2019, San Francisco (United States), Series E
Provider of global payroll, compliance, and human resources solutions
$982M
79/100
75th
Logo for CloudPay
CloudPay
1996, Andover (United Kingdom), Series G
Provider of managed payroll processing and automated salary payment services
$334M
63/100
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CloudPay's Investments and acquisitions

CloudPay has made no investments or acquisitions yet.

Reports related to CloudPay

Here is the latest report on CloudPay's sector:

News related to CloudPay

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Media has covered CloudPay for a total of 4 events in the last 1 year, 2 of them have been about company updates.
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