About Canadian Payroll Services
Canadian Payroll Services is a company based in Etobicoke (Canada) founded in 2014 by Afifa Siddiqui was acquired by Vensure in December 2023.. Canadian Payroll Services offers products and services including Employer of Record Service, Payroll Processing, and Benefits Management. Canadian Payroll Services operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.
- Headquarter Etobicoke, Canada
- Founders Afifa Siddiqui
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Canadian Payroll Services
Canadian Payroll Services offers a comprehensive portfolio of products and services, including Employer of Record Service, Payroll Processing, and Benefits Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates hiring and managing remote employees in Canada.
Handles payroll and tax compliance for Canadian workers.
Provides health insurance and retirement options for staff.
Funding Insights of Canadian Payroll Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Canadian Payroll Services
Canadian Payroll Services has secured backing from 1 investor. Prominent investors backing the company include Vensure. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Human resource management services are provided by Vensure.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Canadian Payroll Services
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Canadian Payroll Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canadian Payroll Services Comparisons
Competitors of Canadian Payroll Services
Canadian Payroll Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Randstad, ADP, Alera Group, UKG and Insperity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
|
|
| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
|
|
| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
|
|
| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
|
|
| domain | founded_year | HQ Location |
HR management, recruitment, and staffing services are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Canadian Payroll Services
When was Canadian Payroll Services founded?
Canadian Payroll Services was founded in 2014.
Where is Canadian Payroll Services located?
Canadian Payroll Services is headquartered in Etobicoke, Canada. It is registered at Etobicoke, Ontario, Canada.
Who is the current CEO of Canadian Payroll Services?
Afifa Siddiqui is the current CEO of Canadian Payroll Services. They have also founded this company.
What does Canadian Payroll Services do?
Canadian Payroll Services was established in 2014 in Etobicoke, Canada. Comprehensive payroll processing, human resources management, and employment support are offered to employers operating internationally. The company functions within the professional services sector, ensuring compliance and administrative efficiency across various jurisdictions. Services are tailored for global clients, with operations based in Canada to handle cross-border needs.
Who are the top competitors of Canadian Payroll Services?
Canadian Payroll Services's top competitors include Randstad, CIEL HR and Alera Group.
What products or services does Canadian Payroll Services offer?
Canadian Payroll Services offers Employer of Record Service, Payroll Processing, and Benefits Management.
Who are Canadian Payroll Services's investors?
Canadian Payroll Services has 1 investor. Key investors include Vensure.