WorkPay - About the company
WorkPay is a series A company based in Nairobi (Kenya), founded in 2017 by Paul Kimani. It operates as a Cloud-based payroll management solution provider. WorkPay has raised $13.9M in funding from investors like Kepple Africa Ventures, Y Combinator and Proparco. The company has 9641 active competitors, including 543 funded and 531 that have exited. Its top competitors include companies like Workday, Razorpay and Gusto.
Company Details
Cloud-based HRMS suite solutions for SMBs.It offers features such as employee attendance tracking, claiming expenses, performance management, an employee self-service portal, payroll administration, time tracking, employee wellness benefits, etc. It is a tool available on the subscription based pricing model.
- Website
- myworkpay.com
- Email ID
- *****@myworkpay.com
- Phone Number
- +254 **********
Key Metrics
Founded Year
2017
Location
Nairobi, Kenya
Stage
Series A
Total Funding
$13.9M in 6 rounds
Latest Funding Round
Investors
Ranked
174th among 9641 active competitors
Employee Count
134 as on May 31, 2026
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WorkPay's funding and investors
WorkPay has raised a total funding of $13.9M over 6 rounds. Its first funding round was on Jun 21, 2018. Its latest funding round was a Series A round on Jun 12, 2024 for $*****. 8 investors participated in its latest round. WorkPay has 21 institutional investors.
Here is the list of recent funding rounds of WorkPay:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 12, 2024 | 7239754 | Series A | 6007256 | 9363925 | 3644914 | 9663427 |
Feb 21, 2023 | 7955659 | Seed | 9613572 | 5018719 | 6195096 | |
Aug 13, 2020 | 3699026 | Seed | 1497436 | 4620166 |
View details of WorkPay's funding rounds and investors
WorkPay's founders and board of directors
Founder? Claim ProfileThe founders of WorkPay is Paul Kimani. Paul Kimani is the CEO of WorkPay.
Here are the details of WorkPay's key team members:
- Paul Kimani: Founder & CEO of WorkPay and founder of 2 other companies, WorkPay and TozzaPlus. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of WorkPay's Founder profiles and Board Members
WorkPay's employee count trend
WorkPay has 134 employees as of May 26. Here is WorkPay's employee count trend over the years:
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WorkPay's Competitors and alternates
Top competitors of WorkPay include Workday, Razorpay and Gusto. Here is the list of Top 10 competitors of WorkPay, 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 | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
3rd | Gusto 2012, San Francisco (United States), Series E | Cloud-based payroll, benefits, and HR software for small and medium-sized businesses | $718M | 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 | - | 83/100 | ||
6th | Oracle 1977, Austin (United States), Public | Hybrid cloud infrastructure platform | - | 83/100 | |
7th | The Access Group 1991, Loughborough (United Kingdom), Acquired | Developer of business management software for finance human resources payroll | $1.49B | 82/100 | |
8th | Developer of cloud software for business management and accounting tasks | $198M | 82/100 | ||
9th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 81/100 | |
10th | Provider of GST billing, inventory, and accounting software for small businesses | $35.9M | 80/100 | ||
174th | Cloud-based payroll management solution provider | $13.9M | 54/100 |
Looking for more details on WorkPay's competitors? Click here to see the top ones
WorkPay's Investments and acquisitions
WorkPay has made no investments or acquisitions yet.
News related to WorkPay
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Visa Invests in Four African Startups Graduating from Its Africa Fintech AcceleratorTech Labari•Nov 07, 2024•, Oze, WorkPay, OkHi and 3 others
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Workpay Secures $5M Funding from Visa and Partners to Boost HR and Payroll SolutionsTech In Africa•Oct 01, 2024•WorkPay, Norrsken22, Y Combinator, Saviu Ventures and 4 others
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Form3, a quiet giant in UK fintech, raises $60M at a $570M valuationTechCrunch+•Sep 10, 2024•Form3, Visa, Goldman Sachs, Mastercard and 7 others
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Kenyan startup, Workpay raises $5m series A to expand payroll platform across AfricaCoinMarketCap•Aug 22, 2024•WorkPay, Norrsken22, Visa, Y Combinator and 7 others
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Kenyan HR and payroll startup Workpay lands Visa as investor in $5M roundTechCrunch+•Aug 22, 2024•WorkPay, Rippling, Gusto, Visa and 7 others
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Kenyan HR Startup WorkPay Raises $2.7 Seed Funding Million to Expand OperationsTekedia•Feb 21, 2023•WorkPay, Launch Africa, Saviu Ventures, Acadian Ventures and 9 others
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Workpay partners with Kwara to offer streamlined HR & Payroll services to SACCOs in KenyaREGTECH AFRICA•Dec 07, 2021•WorkPay, Kwara
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Workpay expands to Nigeria for Core HR, Payroll, and Employer of record servicesIBS Intelligence•Nov 01, 2021•WorkPay
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