Raised $746M across disclosed rounds.[2][8]

Series E extension closed May 2022.[3][4]

post-money valuation is not publicly disclosed.

Tender offer (secondary) was $200M on Jun 2025.[1][8]

Named investors include T. Rowe Price, Fidelity Management & Research, Franklin Templeton, General Catalyst, Kleiner Perkins, CapitalG, Emergence Capital, Generation Investment Management, Dragoneer Investment Group, Sands Capital, Durable Capital Partners, Emerson Collective, Ontario Teachers' Pension Plan.[1][4][5][8]

Joshua Reeves, Co-founder and CEO[2][9][10][14]

Edward Kim, Co-founder and Head of Technology[2][9][10][14]

Tomer London, Co-founder and CPO[2][9][10][14]

Mike Taylor, CFO[6][14]

ADP RUN · adp.com · Same buyer and same job to be done: small business payroll and HR, with ADP RUN competing directly on usability and AI features for the same SMB payroll budget.[8]

Paychex · paychex.com · Same buyer and same budget line: small business payroll and HR, with Paychex competing on its 745,000-client base and AI benchmarking tools.[8]

Rippling · rippling.com · Same buyer and same workflow: modern integrated HR and payroll suites, with Rippling competing on breadth across HR, IT, and finance functions.[8]

Intuit QuickBooks Payroll · quickbooks.intuit.com · Same buyer and same job: small business payroll, with QuickBooks leveraging its accounting customer base and data sync as the competitive wedge.[8]

Justworks · justworks.com · Same buyer and same budget: very small businesses choosing between direct-service payroll and a PEO model for the same employment administration job.[8]

The customer proof is company-sourced only. No independent source in this ledger confirms it.[6]

Ask for one referenceable production customer.

Not a recommendation. The first thing this ledger cannot answer.

Filled in the side panel for invited readers. This card carries sourced facts only.