OnPay Secures Over $100 Million Funding to Expand Payroll Solutions

OnPay Secures Over $100 Million Funding to Expand Payroll Solutions
OnPay, a payroll software startup founded by Jesse Burgess, has successfully raised over $100 million in new funding, including a $63 million Series B round led by Carrick Capital Partners. The company, which launched in 2011, focuses on streamlining payroll and HR processes through innovative software solutions. With the global HR payroll software market expected to exceed $55 billion by 2031, OnPay aims to enhance its product development and accelerate market outreach. Burgess emphasized that this funding milestone will empower OnPay to better serve businesses reliant on payroll and HR services.