When was Pinwheel founded?

Pinwheel was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Pinwheel located?

Pinwheel is headquartered in New York City, United States. It is registered at 335 Madison Avenue, Floor 16, New York, NY 10017, US.

How many employees does Pinwheel have?

As of Jun 30, 2026, the latest employee count at Pinwheel is 73.

Is Pinwheel a funded company?

Pinwheel is a funded company, having raised a total of $84M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2020.

How much is Pinwheel worth?

The latest valuation of Pinwheel is $***** as of Jan 18, 2022.

When was the latest funding round of Pinwheel?

Pinwheel's latest funding was a $***** Series B round on Jan 18, 2022, with participation from 9 investors.

Where does Pinwheel rank among its competitors?

Pinwheel ranks 9th amongst 1034 active competitors, of which 108 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Payflow, which secured $2.35M in Oct, 2025.

Who are the top competitors of Pinwheel?

Pinwheel's top competitors include Gusto, Payflow and Earnin. Among them, Payflow secured the most recent funding round in October, 2025.

Pinwheel - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cloud-based payroll API solution for enterprises. Its products are direct deposit switching for enabling customers to switch deposits, income and employment data for verifying source and payroll accounts, and paycheck-linked lending for enabling clients to pay back loans from the paychecks. It automates the process of converting raw income data into actionable insights.

Website: www.pinwheelapi.com/
Social
Email ID: *****@pinwheelapi.com
Registered Address: 335 Madison Avenue, Floor 16, New York, NY 10017, US

Key Metrics

Founded Year

2018

Location

New York City, United States

Stage

Series B

Total Funding

$84M in 4 rounds

Latest Funding Round

Series B, Jan 18, 2022, $*****

Post Money Valuation

$***** as on Jan 18, 2022

Investors

GGV Capital & 24 more

Ranked

9^th among 1034 active competitors

Employee Count

73 as on Jun 30, 2026

Similar Companies

Gusto & 1008 more

View Pinwheel's full profile

Pinwheel is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
UNDERDOG TECHNOLOGIES, INC. CIN: 20221348032 , United States, Active	Apr 01, 2022	-	-	-

Pinwheel has raised a total funding of $84M over 4 rounds. Its first funding round was on 2020. Its latest funding round was a Series B round on Jan 18, 2022 for $*****. 9 investors participated in its latest round. Pinwheel has 15 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Pinwheel:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 18, 2022	2965416	Series B	5431958	2150116	4186309	6758153
Jun 02, 2021	3196628	Series A	2908584	5034817	2928302	Primary Venture Partner & 13 more
Jun 10, 2020	1592312	Seed	2079951	7591316	5724825	3961034

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View details of Pinwheel's funding rounds and investors

The founders of Pinwheel are Curtis Lee and Anish Basu.

Here are the details of Pinwheel's key team members:

Curtis Lee: Co-Founder of Pinwheel and founder of 1 other company.
Anish Basu: Former Co-Founder & CTO of Pinwheel.
Contact Info: 1 email address

View details of Pinwheel's Founder profiles and Board Members

Pinwheel's employee count trend

Pinwheel has 73 employees as of Jun 26. Here is Pinwheel's employee count trend over the years:

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Top competitors of Pinwheel include Gusto, Payflow and Earnin. Here is the list of Top 10 competitors of Pinwheel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Gusto 2012, San Francisco (United States), Series E	Cloud-based payroll, benefits, and HR software for small and medium-sized businesses	$718M	T. Rowe Price, CapitalG & 84 others	84/100
2nd	Payflow 2020, Madrid (Spain), Acquired	Online financial services platform for on-demand pay and savings	$41.3M	Cathay Innovation, Wayra & 34 others	77/100
3rd	Earnin 2012, Palo Alto (United States), Series C	Provider of a platform for accessing earned wages and financial tools	$190M	Spark Capital, DST Global & 16 others	76/100
4th	PayScale 2002, Seattle (United States), Acquired	Offers payroll compensation management software	$118M	Mercer, Sapphire Ventures & 11 others	74/100
5th	Argyle 2018, New York City (United States), Series B	Provider of consumer-permissioned income, employment, and asset verification data services	$111M	Bain Capital Ventures, SignalFire & 14 others	71/100
6th	Justworks 2012, New York City (United States), Series E	Benefits administration & payroll management solution for businesses	$148M	FirstMark, Index Ventures & 13 others	69/100
7th	Zenefits 2013, Tempe (United States), Acquired	Cloud-based platform for HR and payroll management solutions	$598M	Andreessen Horowitz, Fidelity Investments ... & 49 others	69/100
8th	PagarBook 2018, Bengaluru (India), Series A	Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises	$24.8M	India Quotient, Peak XV Partners & 11 others	68/100
9th	Pinwheel 2018, New York City (United States), Series B	Cloud-based payroll API solution for enterprises	$84M	Notable Capital, Franklin Templeton Investments ... & 23 others	68/100
10th	Hourly 2018, Palo Alto (United States), Series A	Cloud-based payroll management for enterprises	$34.2M	Glilot Capital Partners, Vintage Investment Partners ... & 14 others	67/100