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
Investors
Ranked
61st among 913 active competitors
Employee Count
25 as on Aug 31, 2026
Sign up to download Opolis' company profile
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 |
View details of Opolis's funding rounds and investors
Opolis' founders and board of directors
Founder? Claim ProfileThe founders of Opolis are Eddie Pastore and John Paller.
Here are the details of Opolis' key team members:
- Eddie Pastore: Co-Founder of Opolis. Contact Info: 1 email address
- John Paller: Co-Founder of Opolis and founder of 1 other company. Contact Info: 1 email address
View details of Opolis's Founder profiles and Board Members
Opolis' employee count trend
Opolis has 25 employees as of Aug 26. Here is Opolis's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Deel 2019, San Francisco (United States), Series E | Provider of human resources and international payroll compliance software tools | $986M | 79/100 | |
2nd | Oyster 2019, Charlotte (United States), Series D | Provider of employment software for managing payroll and personnel administration | $291M | 72/100 | |
3rd | Multiplier 2020, Singapore (Singapore), Series B | Cloud-based payroll and compliance platform provider | $77.2M | 67/100 | |
4th | Provider of enterprise resource planning, payroll, and logistics software solutions | - | 67/100 | ||
5th | Globalization Partners 2012, Boston (United States), Late Stage | AI-based hiring platform for taxable & legal purpose enterprises | $350M | 66/100 | |
6th | CloudPay 1996, Andover (United Kingdom), Series G | Provider of managed payroll processing and automated salary payment services | $334M | 66/100 | |
7th | Bitwage 2013, San Francisco (United States), Acquired | Payroll and invoicing solutions for cryptocurrencies | $2.26M | 66/100 | |
8th | JetPay 2011, Carrollton (United States), Acquired | Payment processor | $18.3M | 62/100 | |
9th | OnPay 2011, Atlanta (United States), Series B | Payroll management solution provider | $128M | 62/100 | |
10th | Provider of human resources, payroll, benefits, and hiring software solutions | $33.2M | 60/100 | ||
61st | Opolis 2016, Denver (United States), Series A | Member owned employment cooperative providing infrastructure for independent professional workers | $10.4M | 41/100 |
Looking for more details on Opolis's competitors? Click here to see the top ones
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 Partners with Bench to Streamline Financial Management for Independent Workers & FreelancersPR Newswire•Sep 10, 2024•Opolis, Bench
•
Opolis Announces New Partnership with Freelancers Union, Offering Payroll and Benefits to Their 500K MembersBusiness Wire•Oct 19, 2023•Opolis, Freelancers Union
•
Denver-based digital employment platform raises $6.6M at $50M valuationThe Business Journals•Jul 14, 2023•Opolis
•
Blockchain Employment Platform Opolis Raises $6.6M in Bridge RoundBusiness Wire•Jul 13, 2023•Opolis, Greenfield Capital, NEAR, Draper and 1 other
•
•
Decentralized Employment Ecosystem Opolis to Integrate MakerDAO’s Dai CryptocurrencyCoinDesk•Sep 18, 2019•MakerDAO, Opolis
Are you a Founder ?
FAQs about Opolis
Explore our recently published companies
- Social Consulting - Greece based, Unfunded company
- Surfside PPC - Murrells Inlet based, 2017 founded, Unfunded company
- Innovative Management - United States based, 2012 founded, Unfunded company
- REJAG Technologies - India based, 2015 founded, Unfunded company
- JoliBrain - Toulouse based, 2016 founded, Unfunded company
- Ammo Grips - Hyderabad based, 2024 founded, Unfunded company
_1569221344930.png?format=webp&height=120&width=120)