CloudPay

CloudPay

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Organization

Contact Information

Overview

CloudPay provides managed global payroll services to multinational organizations through a single, unified SaaS solution. By delivering end-to-end managed payroll services through an innovative platform, CloudPay ensures consistent and compliant payroll around the globe while reducing operating costs and minimizing manual processes. CloudPay’s services and technology standardize the payroll function across geographies, helping organizations increase efficiency, streamline compliance, and achieve greater visibility into payroll performance and costs. The CloudPay solution is backed by deep industry expertise earned over twenty-plus years of delivering services to over 2,500 multinational entities. CloudPay’s solution guarantees accurate payroll processing across 130+ countries in more than twenty-five languages.

Positioned as a Leader in NelsonHall’s 2019 Payroll Outsourcing NEAT assessment and as an Achiever in Everest Group’s 2019 Multi-Country Payroll Platform report, CloudPay has won multiple awards for its technology and service, including Global Payroll Transformation Project of the Year Award (2017), Payroll Software Product of the Year (2018) and the prestigious Global Payroll Supplier of the Year (2019). To learn more, visit www.cloudpay.net.

About

Industries

Information Technology, Financial Services, FinTech, Big Data, SaaS, Technical Support, Human Resources, Payments, Cloud Infrastructure, Bookkeeping and Payroll

Founded

1996

Employees

1001-5000

Headquarters locations

Europe

Social

N/A

Profile Resume

CloudPay headquartered in Europe, operates in the Information Technology, Financial Services, FinTech, Big Data, SaaS, Technical Support, Human Resources, Payments, Cloud Infrastructure, Bookkeeping and Payroll sector. The company focuses on Information Technology and has secured $150.2B in funding across 400 round(s). With a team of 1001-5000 employees, CloudPay is actively contributing to advancements in Information Technology. Their latest funding round, Series B - CloudPay, raised $16.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace David Barak

David Barak

SVP, Strategic Alliances & Marketing

imagePlace Andy Thomson

Andy Thomson

Chief Financial Officer

imagePlace Roland Folz

Roland Folz

Chief Executive Officer

Funding Rounds

Funding rounds

10

Investors

2

Lead Investors

0

Total Funding Amount

$375.4M

Details

5

CloudPay has raised a total of $375.4M in funding over 5 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2020Late Stage Venture35.0M
2021Late Stage Venture58.0M
2008Early Stage Venture30.0M
2012Early Stage Venture16.0M

Investors

CloudPay is funded by 27 investors.

Investor NameLead InvestorFunding RoundPartners
CloudPay-FUNDING ROUND - CloudPay120.0M
The Olayan Group-FUNDING ROUND - The Olayan Group120.0M
CloudPay-FUNDING ROUND - CloudPay6.5M
Rho Capital Partners-FUNDING ROUND - Rho Capital Partners6.5M

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