About KarbonPay
KarbonPay is a company based in Dallas (United States) founded in 2019 by Brad Price. KarbonPay has raised $540.14 thousand across 1 funding round. KarbonPay has completed 1 acquisition, including XmartClock. KarbonPay offers products and services including Payroll Platform, Global Reporting, Managed Payroll Services, and Direct Payments. KarbonPay operates in a competitive market with competitors including Gusto, Payflow, Paylocity, Justworks and Earnin, among others.
- Headquarter Dallas, United States
- Founders Brad Price
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$540.14 K (USD)
in 1 rounds
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Latest Funding Round
$540.14 K (USD), Seed
Jun 24, 2021
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Investors
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of KarbonPay
KarbonPay offers a comprehensive portfolio of products and services, including Payroll Platform, Global Reporting, Managed Payroll Services, and Direct Payments.
Unified system for multicountry payroll and compliance management.
Provides customizable reports for global payroll insights.
Outsourced services for automated payroll processing.
Integrated features for secure global payment handling.
People of KarbonPay
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Funding Insights of KarbonPay
KarbonPay has successfully raised a total of $540.14K through 1 strategic funding round. The most recent funding activity was a Seed round of $540.14 thousand completed in June 2021. 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.
Investments & Acquisitions by KarbonPay
KarbonPay has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include XmartClock.
Investment portfolio details for KarbonPay
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Mobile-based time and attendance management system
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Locked | Locked | 2017 | Locked |
Complete acquisition details for KarbonPay
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Financial Statements - KarbonPay
Detailed financials for KarbonPay
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Karbonpay Comparisons
Peer comparison for KarbonPay
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Competitors of KarbonPay
KarbonPay 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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| Locked | Locked | Locked |
Cloud-based payroll and HR solutions are provided for businesses.
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| Locked | Locked | Locked |
Benefits administration and payroll management are provided for businesses.
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| Locked | Locked | Locked |
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 KarbonPay
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Latest news on Karbonpay
Complete news archive for KarbonPay
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Frequently Asked Questions about KarbonPay
KarbonPay was founded in 2019 and raised its 1st funding round 2 years after it was founded.
KarbonPay is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Brad Price is the current CEO of KarbonPay. They have also founded this company.
KarbonPay is a funded company, having raised a total of $540.14K across 1 funding round to date.
KarbonPay was founded in 2019 in Dallas, United States, as a provider in the payroll management sector. A cloud-based platform is operated to handle enterprise payroll processes, including a calculation engine and customized reporting tools. Integrations are supported with Xero for accounting, Slack for communication, ADP for HR, and Expensify for expenses. Revenue is generated through a subscription-based pricing model.
KarbonPay offers Payroll Platform, Global Reporting, Managed Payroll Services, and Direct Payments.
KarbonPay has made 1 acquisition, including XmartClock.