Inova Payroll - About the company
Inova Payroll is an acquired company based in Nashville (United States), founded in 2011 by Dario Pennacchietti. It operates as a Payroll, HR and Tax solutions. Inova Payroll has raised $4.22M in funding. The company has 9749 active competitors, including 528 funded and 545 that have exited. Its top competitors include companies like Workday, Gusto and Intuit.
Company Details
Inova Payroll provide HR solutions for enterprises. Solutions involve payroll services, HR, tax filing and other ancillary solutions such as benefits administration, compliance etc.
- Website
- inovapayroll.com
- Social
- Registered Address
- Nashville, Tennessee
Key Metrics
Founded Year
2011
Location
Nashville, United States
Stage
Acquired
Total Funding
$4.22M in 1 round
Latest Funding Round
Investors
Ranked
111th among 9749 active competitors
Employee Count
190 as on Jun 30, 2026
Investment & Acquisitions
Exit Details
Acquired by UKG (Dec 12, 2025)
Legal entities associated with Inova Payroll
Inova Payroll is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INOVA PAYROLL, INC. CIN: 275141646 , United States, Active | Feb 22, 2011 | - | 258 (As on Dec 31, 2024) | - |
Inova Payroll's acquisition details
Inova Payroll got acquired by UKG on Dec 12, 2025.
Click here to take a look at Inova Payroll's acquisition in detail
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Inova Payroll's funding and investors
Inova Payroll has raised a total funding of $4.22M over 1 round. Its latest funding round was a Series A round on Jul 07, 2011 for $*****. 2 investors participated in its latest round. Inova Payroll has 3 institutional investors.
Here is the list of recent funding rounds of Inova Payroll:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2011 | 4151076 | Series A | 2818606 | 7578605 | 4754169 | 3660870 |
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Inova Payroll's founders and board of directors
Founder? Claim ProfileThe founders of Inova Payroll is Dario Pennacchietti.
Here are the details of Inova Payroll's key team members:
- Dario Pennacchietti: Co-Founder & CTO of Inova Payroll and founder of 1 other company.
View details of Inova Payroll's Founder profiles and Board Members
Inova Payroll's employee count trend
Inova Payroll has 190 employees as of Jun 26. Here is Inova Payroll's employee count trend over the years:
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Inova Payroll's Competitors and alternates
Top competitors of Inova Payroll include Workday, Gusto and Intuit. Here is the list of Top 10 competitors of Inova Payroll, 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 | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
4th | Oracle 1977, Austin (United States), Public | Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management | - | 83/100 | |
5th | The Access Group 1991, Loughborough (United Kingdom), Acquired | Developer of business management software for finance human resources payroll | $1.49B | 82/100 | |
6th | Developer of cloud software for business management and accounting tasks | $198M | 82/100 | ||
7th | Provider of business applications, technology, and cloud enterprise resource planning | - | 81/100 | ||
8th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 81/100 | |
9th | Provider of GST billing, inventory, and accounting software for small businesses | $35.9M | 80/100 | ||
10th | Infor 2002, New York City (United States), Acquired | Cloud based ERP software for multi industries | $1.52B | 79/100 | |
111th | Inova Payroll 2011, Nashville (United States), Acquired | Payroll, HR and Tax solutions | $4.22M | 59/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Inova Payroll's competitors? Click here to see the top ones
Inova Payroll's Investments and acquisitions
Inova Payroll has acquired One Source Payroll. Inova Payroll has not made any investments as of now.Reports related to Inova Payroll
Here is the latest report on Inova Payroll's geography:
News related to Inova Payroll
Filter this listMedia has covered Inova Payroll for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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Inova Announces a New Integration with Sage IntacctPR Newswire•Mar 30, 2022•Inova Payroll, Sage Intacct
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