CloudPay

Andover, United Kingdom Founded: 1996 • Age: 30 yrs
Cloud-based payroll software is offered for business management.
Annual revenue - Latest available
Total funding $334.0M 8 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About CloudPay

CloudPay is a company based in Andover (United Kingdom) founded in 1996. CloudPay has raised $334 million across 8 funding rounds from investors including Hercules Capital, Pinnacle and Blue Owl. CloudPay operates in a competitive market with competitors including Gusto, Payflow, Paylocity, Justworks and Earnin, among others.

  • Headquarter Andover, United Kingdom
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Cloudpay Holdings Limited
  • Date of Incorporation 23 Sep, 2003
  • Jurisdiction ANDOVER, HAMPSHIRE
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $334 M (USD)

    in 8 rounds

  • Latest Funding Round
    $120 M (USD), Series G

    Aug 08, 2024

  • Investors
  • Employee Count
    Not available
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Funding Insights of CloudPay

CloudPay has successfully raised a total of $334M across 8 strategic funding rounds. The most recent funding activity was a Series G round of $120 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in CloudPay

CloudPay has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Hercules Capital, Pinnacle and Blue Owl.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage tech startups are invested in by Rho Capital Partners.
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Global investments in equities, real estate, private equity, and fixed income, with a focus on partnerships.
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Venture debt financing is provided to companies across multiple sectors.
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Investor details for CloudPay

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  • Investor domains
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Investments & Acquisitions by CloudPay

Investments
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Investment portfolio details for CloudPay

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  • Portfolio identities
  • Transaction dates
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Financial Statements - CloudPay

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Detailed financials for CloudPay

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  • Historical revenue
  • Profit trends
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Cloudpay Comparisons

CloudPay Primary company
Description
Cloud-based payroll software is offered for business managem...
Location
Andover, United Kingdom
Founded Year
1996
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CloudPay

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Competitors of CloudPay

CloudPay 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 Gusto, Payflow, Paylocity, Justworks and Earnin, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based HR and payroll solutions are offered for small businesses.
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Payflow is recognized as a financial wellness application for employees.
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Cloud-based payroll and HR solutions are provided for businesses.
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Benefits administration and payroll management are provided for businesses.
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Real-time access to earned wages is provided fee-free.
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Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
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Detailed competitors of CloudPay

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Latest news on Cloudpay

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Complete news archive for CloudPay

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Frequently Asked Questions about CloudPay

CloudPay was founded in 1996 and raised its 1st funding round 12 years after it was founded.

CloudPay is headquartered in Andover, United Kingdom.

Paul Bartlett is the current CEO of CloudPay.

CloudPay is a funded company, having raised a total of $334M across 8 funding rounds to date.

CloudPay was founded in 1996 and is headquartered in Andover, United Kingdom. Payroll management solutions are provided through a cloud platform, encompassing automation for processing payrolls, tracking costs and compliance, generating reports, and enabling on-demand wage access for employees. Operations focus on delivering data visibility and control in the financial services sector, supporting businesses with integrated tools for spending trends and performance analysis.

CloudPay's top competitors include Payflow, Gusto and Earnin.

CloudPay has 7 investors. Key investors include Hercules Capital, Pinnacle, Blue Owl, Runway Growth Capital, and Hollyport Capital.

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