Amount Raised
$2.7 Million
Round Type
Seed
NairobiFinanceVenture CapitalAngel InvestmentHuman ResourcesInvestors
Description
The HR payroll market across the world is expected to record a compound annual growth rate (CAGR) of 9.2% reaching a $14.31 billion valuation by the close of this decade, buoyed by the increased demand for payroll and other HR solutions.
Quick answer
Workpay raised $2.7 Million in a Seed round, dated February 21, 2023. Investors: Norrsken, P1 Ventures, Axian, Kara Ventures, Fondation Botnar, Proparco, Acadian Ventures and Saviu Ventures. Workpay is based in Nairobi, Nairobi County, Kenya.
- How much did Workpay raise?
- Workpay raised $2.7 Million in a Seed round on February 21, 2023.
- Who invested in Workpay?
- Norrsken, P1 Ventures, Axian, Kara Ventures, Fondation Botnar, Proparco, Acadian Ventures and Saviu Ventures are named as investors in this round.
- What does Workpay do?
- Workpay is an end-to-end HR and payroll system offering time tracking, payroll management, Remote Teams Payroll (EOR), insurance, and payouts to banks and mobile money in Africa.
- Where is Workpay based and how big is it?
- Workpay is based in Nairobi, Nairobi County, Kenya.
- Who are the decision-makers at Workpay?
- Fundz holds 1 contact at Workpay, including the Vice President Operations. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Venture Capital around the same time
Companies in the same sectors as Workpay that raised within 45 days of this round, from Fundz verified event records.
- QuadSAT raised $9.5M (Funding Round) on March 16, 2023.
- Fraud Protection Network raised $1.3M (Seed) on April 7, 2023.
- Tapcheck raised $18M on April 4, 2023.
- Avanti Finance raised $24M (Funding Round) on April 3, 2023.
- Yendo raised $31M on April 3, 2023.
- Valuation Research Corporation raised $462K (Seed) on April 1, 2023.
Who to call at Workpay, and when
A new round usually means Workpay is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Workpay raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Workpay, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Workpay. With Fundz connected, it knows.
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Fundz sees it the moment Workpay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Workpay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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