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Valuation

$115.2M

2024 Revenue

$38.4M

Funding

$0

Team

146

Founded

2008

How ConnectPay CEO Michael Young grew to $38.4M revenue with a 146 person team in 2024.

Payroll processing company for small businesses offering tailored connections and optimization, as well as HR and worker's compensation insurance

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ConnectPay Revenue

In 2024, ConnectPay's revenue reached $38.4M. Since its launch in 2008, ConnectPay has shown consistent revenue growth.

ConnectPay Revenue GrowthReported revenue / ARR over time$0$10M$20M$30M$40M$50M200820102012201420162018202020222024$0$38.4MSource: GetLatka.com
YearMilestoneQuote
2024ConnectPay Hit $38.4m revenue in June 2024
2008Launched with $0 revenue

ConnectPay Valuation, Funding Rounds

ConnectPay's most recent disclosed valuation is $115.2M.

ConnectPay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12008Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Michael Young

CEO

Michael Young is listed as CEO at ConnectPay.

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Customers

We do not have customer count information for ConnectPay yet.

ConnectPay Employees & Team Size

ConnectPay employs approximately 146 people as of 2026.

ConnectPay Team GrowthReported headcount over time0408012016020082010201220142016201820202022202400146146Source: GetLatka.com
YearMilestone
2024Reached 146 employees (November 2024)

Frequently Asked Questions about ConnectPay

What is ConnectPay's revenue?

ConnectPay generates an estimated $38.4M in annual revenue.

Who founded ConnectPay?

ConnectPay was founded by Michael Young.

Who is the CEO of ConnectPay?

The CEO of ConnectPay is Michael Young.

How much funding does ConnectPay have?

ConnectPay raised $0.

How many employees does ConnectPay have?

ConnectPay has 146 employees.

Where is ConnectPay headquarters?

ConnectPay is headquartered in Foxborough, Massachusetts, United States.

Compare ConnectPay to the industry

ConnectPay operates across multiple industries. Browse revenue, funding, and growth data for ConnectPay in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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