About Inova Payroll
Inova Payroll is a Technology company based in Nashville (United States) founded in 2011, and was acquired by UKG in December 2025. HR solutions for payroll, tax filing, and compliance are offered. Inova Payroll has raised $4.22 million across 1 funding round from investors including UKG, Nashville Capital Network and Chattanooga Renaissance Fund. Inova Payroll has completed 1 acquisition, including One Source Payroll. Inova Payroll offers products and services including Unified HCM Platform, Payroll Software, Benefits Administration, and Learning Management. Its focus areas include Enterprise Applications, HRTech, Payroll Management and FinTech. Its legal entity is INOVA PAYROLL, INC. Its competitors include Gusto, Justworks and Earnin; 3 of its 3 listed competitors have raised funding.
Company details
Inova Payroll was founded in 2011 and is based in Nashville, United States. Services in the HR and payroll sector are provided to enterprises, encompassing payroll processing, tax filing, benefits administration, and compliance management. Operations focus on integrated solutions to support business HR functions, with a domain presence at inovapayroll.com.
- Headquarters Nashville, United States
- Stage Acquired
- SectorsTechnology
- Website inovapayroll.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Tritium Partners (Nov 2017)
- Legal Name Inova Payroll, Inc.
- Total Equity Funding$4.22M (USD)
in 1 rounds
- Latest Funding Round$4.22M (USD), Series A
Jul 2011
- InvestorsUKG
& 3 more
- Investments & Acquisitions
- Acquired by
Products & Services of Inova Payroll
Inova Payroll offers a comprehensive portfolio of products and services, including Unified HCM Platform, Payroll Software, Benefits Administration, and Learning Management.
Integrated system for streamlining HR tasks and ensuring compliance.
Handles accurate payroll and tax filing for businesses.
Simplifies enrollment and management of employee benefits programs.
Tracks skills and supports employee development and performance.
Apps and channels of Inova Payroll
its YouTube channel Inova has 75 subscribers and 30 videos.
Videos from Inova Payroll
The most watched videos on Inova Payroll's YouTube channel, Inova (75 subscribers). Click a video to play it here.
More on Inova.
Funding Insights of Inova Payroll
Inova Payroll has successfully raised a total of $4.22M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.22 million completed in July 2011. 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 $4.22M
- Total Rounds 1
- Last Round Series A — $4.22M
- First Round $4.22M
(Jul 2011)
- Investors Count 2
All 1 funding rounds of Inova Payroll with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2011 | $4.22M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Inova Payroll
Inova Payroll has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include UKG, Nashville Capital Network and Chattanooga Renaissance Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are facilitated for US-based companies by angel network members. | 2003 | nashvillecapital.com | Nashville, United States | |
Seed and early-stage VC investments are made in the US. | chattanoogarenaissancefund.com | Chattanooga, United States | ||
Private equity firm focused on acquiring businesses in supply chain, logistics, fintech, and multiple sectors | tritiumpartners.com | Austin, United States | ||
Provider of HR and payroll & workforce management solutions | 1977 | ukg.com | Weston, United States |
Investor details for Inova Payroll
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- Investor portfolios
- Co-investor network
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People of Inova Payroll
27 people are tracked at Inova Payroll (14 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Charlie Wood | COO | Leadership |
Farsheed Ferdowsi | CEO | Leadership |
Kathey Palmer | Chief Growth Officer | Leadership |
Anthony L. Myers | Senior Vice President | Leadership |
Mike Mckeown | CFO | Leadership |
Shelly Mueller | Regional Sales Director | Leadership |
Rick Henry | Chief Technology Officer | Leadership |
Lisa Laurer | Vice President HCM Operations | Leadership |
John Volhein | Vp, Information Systems | Leadership |
John Thompson | Vice President Of Corporate Development And Compliance | Leadership |
Breanna Boyd | Director Of Sales And Marketing | Leadership |
Matthew Higgins | Chief Financial Officer | Leadership |
Jordan Rush | VP, Sales | Leadership |
Karen Luciano | Vice President Of Payroll Operations At Inova Payroll | Leadership |
Sean Shannon | Senior Sales Consultant | Team |
Mary Leveridge | EVP, HRExperts | Team |
Amy Cameron | Sr. Accountant | Team |
Laura Frieden | Senior Marketing & Communications Manager | Team |
Ron Eubanks | Senior Financial Analyst | Team |
Nick Wilcox | Accounting Manager | Team |
7 more people are available in the full profile.
Complete people profiles for Inova Payroll
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Investments & Acquisitions by Inova Payroll
Inova Payroll has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include One Source Payroll.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Payroll management services are provided to businesses nationwide. | onesourcepayroll.com | Irving, United States | 2004 | Feb 2019 | •••• |
Complete acquisition details for Inova Payroll
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Timeline of Inova Payroll
5 dated milestones of Inova Payroll across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Inova Payroll is founded.
- Funding First funding round of $4.2M.
- Exit Acquired by Tritium Partners.
- Acquisition Acquires One Source Payroll.
- Exit Acquired by UKG.
Competitors of Inova Payroll
Inova Payroll has 3 listed competitors in our database, 3 of them funded. They include Gusto, Justworks and Earnin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| earnin.com | 2012 | Palo Alto, United States | $190.1M | 242 | Real-time access to earned wages is provided fee-free. |
Detailed competitors of Inova Payroll
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- Full competitor set
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Web traffic of Inova Payroll
The website of Inova Payroll (inovapayroll.com) receives about 9.7K visits a month.
- Monthly visits9.7K
▲ 6.9% vs previous month
Websites whose visitors overlap most with Inova Payroll. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| payrollservicecomparison.com | 100% | View details | |||
| paycor.com | 98% | 7.8M | #7,534 | View details | |
abcopayroll.com | abcopayroll.com | 89% | – | ||
| adp.com | 87% | 99.2M | #460 | View details | |
| gtm.com | 86% | #630,852 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Inova Payroll
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- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Inova Payroll (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Inova Payroll
Complete news archive for Inova Payroll
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Frequently Asked Questions about Inova Payroll
Inova Payroll was founded in 2011.
Inova Payroll is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Inova Payroll is a funded company, having raised a total of $4.22M across 1 funding round to date. The company's 1st funding round was a Series A of $4.22M, raised on Jul 2011.
Inova Payroll was founded in 2011 and is based in Nashville, United States. Services in the HR and payroll sector are provided to enterprises, encompassing payroll processing, tax filing, benefits administration, and compliance management. Operations focus on integrated solutions to support business HR functions, with a domain presence at inovapayroll.com.
Inova Payroll offers Unified HCM Platform, Payroll Software, Benefits Administration, and Learning Management.
Inova Payroll has made 1 acquisition, including One Source Payroll.
Inova Payroll has 4 investors. Key investors include UKG, Nashville Capital Network, Chattanooga Renaissance Fund, and Tritium Partners.
Inova Payroll operates through Inova Payroll, Inc..
Yes. Inova Payroll was acquired by Tritium Partners in November 2017.