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Atlanta software firm OnPay raises $100 million in funding for expansion and growth
Contract Type
partnership
AtlantaSoftwareDescription
OnPay, an Atlanta-based payroll software provider, has successfully raised about $100 million in funding to drive impactful growth for businesses that rely on its payroll and HR solutions. The funding, which includes a $63 million Series B funding round led by Carrick Capital Partners and participation from other investors, represents a transformative milestone for OnPay. The company plans to utilize the funds for product development, scale capabilities, expansion of partnerships, changes to customer success teams, and go-to-market strategies.