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Opolis - About the company

Opolis is a series A company based in Denver (United States), founded in 2016 by Eddie Pastore and John Paller. It operates as a Member owned employment cooperative providing infrastructure for independent professional workers. Opolis has raised $10.4M in funding from Greenfield Capital, with a current valuation of $*****. The company has 913 active competitors, including 66 funded and 62 that have exited. Its top competitors include companies like Deel, Oyster and Multiplier.

Company Details

Member owned employment cooperative providing infrastructure for independent professional workers. This entity operates a cooperative model designed to offer self-employed individuals access to employment benefits, tax compliance services, and automated payroll systems. Through shared purchasing power, the organization facilitates group health, dental, and disability insurance coverage, alongside retirement plan administration. The cooperative structure allows members to participate in governance, earn equity tokens, and receive dividends. By functioning as an employer of record, the organization enables independent professionals to maintain status as W-2 employees while managing their own businesses. Membership options range from community participation to full administrative support for payroll and HR requirements. The cooperative serves independent contractors and solo business operators by centralizing essential administrative and professional resources.
Key Metrics
Founded Year
2016
Location
Denver, United States
Stage
Series A
Total Funding
$10.4M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 13, 2023
Ranked
Employee Count
25 as on Aug 31, 2026
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Opolis's funding and investors

Opolis has raised a total funding of $10.4M over 3 rounds. Its first funding round was on May 05, 2021. Its latest funding round was a Series A round on Jul 13, 2023 for $*****. 4 investors participated in its latest round. Opolis has 6 institutional investors.

Here is the list of recent funding rounds of Opolis:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 13, 2023
7243882
Series A
6550604
4532646
6413149
9619967
Sep 14, 2022
1158424
Seed
3265829
2158673
9799706
6947139
May 05, 2021
5203004
Seed
7547445
4419532
1663964
7614001
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Opolis' founders and board of directors

Founder? Claim Profile
The founders of Opolis are Eddie Pastore and John Paller.
Here are the details of Opolis' key team members:

Opolis' employee count trend

Opolis has 25 employees as of Aug 26. Here is Opolis's employee count trend over the years:
Employee count trend for Opolis
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Opolis's Competitors and alternates

Top competitors of Opolis include Deel, Oyster and Multiplier. Here is the list of Top 10 competitors of Opolis, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Deel
Deel
2019, San Francisco (United States), Series E
Provider of human resources and international payroll compliance software tools
$986M
79/100
2nd
Logo for Oyster
Oyster
2019, Charlotte (United States), Series D
Provider of employment software for managing payroll and personnel administration
$291M
72/100
3rd
Logo for Multiplier
Multiplier
2020, Singapore (Singapore), Series B
Cloud-based payroll and compliance platform provider
$77.2M
67/100
4th
Logo for Ramco
Ramco
1997, Chennai (India), Public
Provider of enterprise resource planning, payroll, and logistics software solutions
-
67/100
5th
Logo for Globalization Partners
Globalization Partners
2012, Boston (United States), Late Stage
AI-based hiring platform for taxable & legal purpose enterprises
$350M
66/100
6th
Logo for CloudPay
CloudPay
1996, Andover (United Kingdom), Series G
Provider of managed payroll processing and automated salary payment services
$334M
66/100
7th
Logo for Bitwage
Bitwage
2013, San Francisco (United States), Acquired
Payroll and invoicing solutions for cryptocurrencies
$2.26M
66/100
8th
Logo for JetPay
JetPay
2011, Carrollton (United States), Acquired
Payment processor
$18.3M
62/100
9th
Logo for OnPay
OnPay
2011, Atlanta (United States), Series B
Payroll management solution provider
$128M
62/100
10th
Logo for Humi HR
Humi HR
2016, Toronto (Canada), Acquired
Provider of human resources, payroll, benefits, and hiring software solutions
$33.2M
60/100
61st
Logo for Opolis
Opolis
2016, Denver (United States), Series A
Member owned employment cooperative providing infrastructure for independent professional workers
$10.4M
41/100
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Opolis's Investments and acquisitions

Opolis has made no investments or acquisitions yet.

Reports related to Opolis

Here is the latest report on Opolis's sector:

News related to Opolis

•
•
Opolis Employment Commons Launches $Work TokenCalgary Herald•Apr 22, 2021•Opolis
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