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
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cloudpay Holdings Limited
- Date of Incorporation 23 Sep, 2003
- Jurisdiction ANDOVER, HAMPSHIRE
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$334 M (USD)
in 8 rounds
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Latest Funding Round
$120 M (USD), Series G
Aug 08, 2024
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Investors
Hercules Capital
& 6 more
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Employee Count
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series G — $120.0M
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First Round
First Round
(17 Dec 2008)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series G - CloudPay | Valuation | Blue Owl | |
| Oct, 2022 | Amount | Series F - CloudPay | Valuation | Runway Growth Capital , The Olayan Group |
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| Aug, 2021 | Amount | Series E - CloudPay | Valuation | The Olayan Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
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Early-stage tech startups are invested in by Rho Capital Partners.
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Founded Year | Domain | Location | |
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Global investments in equities, real estate, private equity, and fixed income, with a focus on partnerships.
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Founded Year | Domain | Location | |
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Venture debt financing is provided to companies across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CloudPay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CloudPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cloudpay Comparisons
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. 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 |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cloudpay
Frequently Asked Questions about CloudPay
When was CloudPay founded?
CloudPay was founded in 1996 and raised its 1st funding round 12 years after it was founded.
Where is CloudPay located?
CloudPay is headquartered in Andover, United Kingdom.
Who is the current CEO of CloudPay?
Paul Bartlett is the current CEO of CloudPay.
Is CloudPay a funded company?
CloudPay is a funded company, having raised a total of $334M across 8 funding rounds to date. The company's 1st funding round was a Series E of $58M, raised on Dec 17, 2008.
What does CloudPay do?
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.
Who are the top competitors of CloudPay?
Who are CloudPay's investors?
CloudPay has 7 investors. Key investors include Hercules Capital, Pinnacle, Blue Owl, Runway Growth Capital, and Hollyport Capital.
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