ConnectPay - About the company
ConnectPay is a series A company based in Grosse Pointe (United States), founded in 2008 by Michael Young. It operates as a Payroll and HR solution provider. ConnectPay has raised $8.36M in funding. The company has 9478 active competitors, including 485 funded and 523 that have exited. Its top competitors include companies like Workday, Gusto and Oracle.
Company Details
Payroll and HR solution provider for SMBs. The solutions include online payroll, time/attendance management, worker's compensation, staff records, benefits management, and retirement plans. Industries served to include retail stores, business services, Medical practitioners, auto shops, manufacturers, and builders. Also provides custom reporting based on different modules.
- Website
- connectpayusa.com
- Email ID
- *****@connectpayusa.com
- Registered Address
- Troy, Michigan
Key Metrics
Founded Year
2008
Location
Grosse Pointe, United States
Stage
Series A
Total Funding
$8.36M in 2 rounds
Latest Funding Round
Ranked
720th among 9478 active competitors
Employee Count
182 as on Aug 31, 2026
Legal entities associated with ConnectPay
ConnectPay is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CONNECTPAY PAYROLL SERVICES CIN: 262314725 , United States, Active | Dec 31, 1999 | - | 188 (As on Dec 31, 2024) | - |
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ConnectPay's funding and investors
ConnectPay has raised a total funding of $8.36M over 2 rounds. Its first funding round was on Nov 15, 2016.
Here is the list of recent funding rounds of ConnectPay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 16, 2019 | 4641913 | Series A | 5475510 | 9300046 | 8760003 | 4341293 |
Nov 15, 2016 | 8631195 | Series A | 7326036 | 2316678 | 9546525 | 5485898 |
View details of ConnectPay's funding rounds and investors
ConnectPay's founders and board of directors
Founder? Claim ProfileThe founders of ConnectPay is Michael Young.
Here are the details of ConnectPay's key team members:
- Michael Young: Co-Founder & CEO of ConnectPay. Contact Info: 1 email address
View details of ConnectPay's Founder profiles and Board Members
ConnectPay's employee count trend
ConnectPay has 182 employees as of Aug 26. Here is ConnectPay's employee count trend over the years:
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ConnectPay's Competitors and alternates
Top competitors of ConnectPay include Workday, Gusto and Oracle. Here is the list of Top 10 competitors of ConnectPay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Workday 2005, Pleasanton (United States), Public | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd | 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 | Oracle 1977, Austin (United States), Public | Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management | - | 83/100 | |
4th | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
5th | Provider of business applications, technology, and cloud enterprise resource planning | - | 80/100 | ||
6th | The Access Group 1991, Loughborough (United Kingdom), Late Stage | Developer of cloud software for payroll and human resources management | $1.49B | 79/100 | |
7th | Infor 2002, New York City (United States), Acquired | Cloud based ERP software for multi industries | $1.52B | 79/100 | |
8th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 78/100 | |
9th | Cloud-based platform providing digitized rewards, incentives, loyalty, and payouts solutions for businesses worldwide | $101M | 78/100 | ||
10th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 77/100 | |
720th | ConnectPay 2008, Grosse Pointe (United States), Series A | Payroll and HR solution provider | $8.36M | - | 35/100 |
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ConnectPay's Investments and acquisitions
ConnectPay has made no investments or acquisitions yet.
Reports related to ConnectPay
Here is the latest report on ConnectPay's sector:
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