SurePayroll

Glenview, United States Founded: 2000 • Age: 26 yrs Acquired By Paychex
Online payroll services are offered to U.S. small businesses.

About SurePayroll

SurePayroll is a company based in Glenview (United States) founded in 2000 was acquired by Paychex in December 2010.. SurePayroll offers products and services including Online Payroll, HR Services, and Tax Management. SurePayroll operates in a competitive market with competitors including Gusto, Justworks, Paylocity, Earnin and Payflow, among others.

  • Headquarter Glenview, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Surepayroll Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Paychex

    (Dec 09, 2010)

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Products & Services of SurePayroll

SurePayroll offers a comprehensive portfolio of products and services, including Online Payroll, HR Services, and Tax Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automates payroll processing and tax calculations for businesses

Manages benefits, reporting, and employee support tools

Handles federal, state, and local tax filing and payments

People of SurePayroll
Headcount 200-500
Employee Profiles 27
Employee Profiles
People
Michael Karmazinas
District Sales Manager
People
Sara Webeck
Sr. Manager, Enterprise PMO
People
Rajeev Patel
Software Development Manager
People
Joshua Walter
District Sales Manager

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Funding Insights of SurePayroll

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SurePayroll

SurePayroll has secured backing from 1 investor. Prominent investors backing the company include Paychex. 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.

All
Investor Description Founded Year Domain Location
Cloud-based HRMS solutions are delivered for payroll and employee management.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SurePayroll

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SurePayroll

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Surepayroll Comparisons

Employees
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Competitors of SurePayroll

SurePayroll 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, Justworks, Paylocity, Earnin and Payflow, 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.
domain founded_year HQ Location
Benefits administration and payroll management are provided for businesses.
domain founded_year HQ Location
Cloud-based payroll and HR solutions are provided for businesses.
domain founded_year HQ Location
Real-time access to earned wages is provided fee-free.
domain founded_year HQ Location
Payflow is recognized as a financial wellness application for employees.
domain founded_year HQ Location
Cloud-based HR and payroll management solutions are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Surepayroll

Frequently Asked Questions about SurePayroll

When was SurePayroll founded?

SurePayroll was founded in 2000.

Where is SurePayroll located?

SurePayroll is headquartered in Glenview, United States. It is registered at Glenview, Illinois, United States.

What does SurePayroll do?

SurePayroll was founded in 2000 in Glenview, United States, focusing on the payroll services sector. Full-service online payroll solutions are provided to U.S.-based small and medium-sized businesses, including management of 401(k) plans, health insurance, workers compensation, and employee screening. Private-label and co-branded options are available for accountants and banking partners. Approximately 30,000 small businesses are served, with acquisition by Paychex occurring in 2010.

Who are the top competitors of SurePayroll?

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

What products or services does SurePayroll offer?

SurePayroll offers Online Payroll, HR Services, and Tax Management.

Who are SurePayroll's investors?

SurePayroll has 1 investor. Key investors include Paychex.

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