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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 9492 active competitors, including 484 funded and 523 that have exited. Its top competitors include companies like Workday, Gusto and Oracle.

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
1,497 as on Aug 31, 2026
Investment & Acquisitions
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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
5203143
Series G
9517133
2364744
5355086
7974412
Oct 27, 2022
5622204
Series F
3084786
9038319
6704726
8043280
Aug 13, 2021
7515582
Series E
2257326
4654934
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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
jeppgoq
Team
-
Current
4y 5m
txndyqg
Team
-
Current
5y 5m
Independent board member
-
Current
1y 1m

CloudPay's employee count trend

CloudPay has 1,497 employees as of Aug 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 Oracle. 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 Oracle
Oracle
1977, Austin (United States), Public
Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management
-
83/100
4th
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
5th
Logo for SAP
SAP
1972, Walldorf (Germany), Public
Provider of business applications, technology, and cloud enterprise resource planning
-
80/100
6th
Logo for The Access Group
The Access Group
1991, Loughborough (United Kingdom), Late Stage
Developer of cloud software for payroll and human resources management
$1.49B
79/100
7th
Logo for Infor
Infor
2002, New York City (United States), Acquired
Cloud based ERP software for multi industries
$1.52B
79/100
8th
Logo for Sage
Sage
1981, Newcastle Upon Tyne (United Kingdom), Public
Provider of cloud-based enterprise software solutions for accounting, finance, and people management
-
78/100
9th
Logo for Xoxoday
Xoxoday
2012, Bengaluru (India), Acquired
Cloud-based platform providing digitized rewards, incentives, loyalty, and payouts solutions for businesses worldwide
$101M
78/100
10th
Logo for Deltek
Deltek
1983, Herndon (United States), Acquired
Cloud based enterprise resource planning software provider for multi industries
$107M
77/100
48th
Logo for CloudPay
CloudPay
1996, Andover (United Kingdom), Series G
Provider of managed payroll processing and automated salary payment services
$334M
66/100
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CloudPay's Investments and acquisitions

CloudPay has a total of 1 investment in Intermezzo. CloudPay has not made any acquisitions as of now.

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 1 event in last 1 year, It was about company updates.
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FAQs about CloudPay

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