About Onfolk
Onfolk is a Technology company based in London (United Kingdom) founded in 2021 by Charlie Thomas and Naz Malik, and was acquired by Tide in October 2024. Online HR and payroll management is provided for enterprises. Onfolk has raised $125 thousand across 2 funding rounds from investors including Tide, Y Combinator and ACE & Company. The company has 2 employees. Onfolk offers products and services including Payroll Software and HR Tools. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its legal entity is ONFOLK LIMITED.
Company details
Onfolk was founded in 2021 in London, United Kingdom, as a SaaS platform in the HR technology sector. Core operations focus on enterprise-level solutions for payroll processing, time tracking, pension and benefits administration, and employee onboarding. Integration with Xero and Nest is supported to enhance functionality. Revenue is generated through a subscription-based pricing model.
- Headquarters London, United Kingdom
- Employees 2
- Founders Charlie Thomas, Naz Malik
- Stage Acquired
- SectorsTechnology
- Website onfolk.com
- Social LinkedIn
- Acquired by Tide (Oct 2024)
- Legal Name Onfolk Limited
- Date of Incorporation 16 Jul, 2020
- Jurisdiction LONDON, UNITED KINGDOM
Products & Services of Onfolk
Onfolk offers a comprehensive portfolio of products and services, including Payroll Software and HR Tools.
Automates UK payroll processing and tax handling for businesses
Manages employee data and time-off tracking efficiently
Funding Insights of Onfolk
Onfolk has successfully raised a total of $125K across 2 strategic funding rounds. 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 $125,000
- Total Rounds 2
- First Round $125,000
(Sep 2021)
- Investors Count 3
All 2 funding rounds of Onfolk 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 |
|---|---|---|---|---|---|
| Sep 2021 | Seed | – | – | ||
| Sep 2021 | $125,000 | Seed | – | Y Combinator | – |
4 investors in total: 3 institutional and 1 angel.
Investors in Onfolk
Onfolk has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tide, Y Combinator and ACE & Company.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Multiple sectors are invested in by the private equity firm. | aceandcompany.com | Geneva, Switzerland | ||
Tide is recognized as a digital banking platform for businesses. | 2015 | tide.co | London, United Kingdom | |
WN Will Neale | UK-based angel investor in Indian startups, focused on tech and innovation. | unknown_bfa63898bc6346dd9 |
Investor details for Onfolk
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Onfolk
2 people are tracked at Onfolk (2 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Charlie Thomas | Co-Founder | Leadership |
Naz Malik | Co-Founder | Leadership |
Complete people profiles for Onfolk
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Onfolk
4 dated milestones of Onfolk across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Onfolk is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed,.
- Exit Acquired by Tide.
Web traffic of Onfolk
The website of Onfolk (onfolk.com) receives about 3.9K visits a month.
- Monthly visits3.9K
▼ 21.6% vs previous month
Websites whose visitors overlap most with Onfolk. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| docuphase.com | 100% | 11K | #2,041,336 | View details | |
| secfi.com | 88% | 39.8K | #729,199 | View details | |
| timetastic.co.uk | 83% | #98,503 | View details | ||
| quartzpayroll.co.uk | 46% | 2.6K | #6,603,046 | View details | |
artema.co.uk | artema.co.uk | 42% | #5,740,841 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Onfolk
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Onfolk
Complete news archive for Onfolk
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Frequently Asked Questions about Onfolk
Onfolk was founded in 2021.
Onfolk is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Onfolk is a funded company, having raised a total of $125K across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Sep 2021.
Onfolk has 2 employees.
Onfolk was founded in 2021 in London, United Kingdom, as a SaaS platform in the HR technology sector. Core operations focus on enterprise-level solutions for payroll processing, time tracking, pension and benefits administration, and employee onboarding. Integration with Xero and Nest is supported to enhance functionality. Revenue is generated through a subscription-based pricing model.
Onfolk offers Payroll Software and HR Tools.
Onfolk has 4 investors. Key investors include Tide, Y Combinator, ACE & Company, and Will Neale.
Onfolk operates through Onfolk Limited.
Yes. Onfolk was acquired by Tide in October 2024.