2020 Revenue
$49M
Customers
3.9K
Funding
$127.5M
Avg ACV
$12.6K
Team · 2024
1.4K
Founded
1996
CloudPay Revenue & Funding (2020)
CloudPay generated $49M in revenue in 2020.
CloudPay is a cloud-based payroll management platform that helps businesses manage their global payroll processes. The platform provides tools for managing payroll data, calculating employee pay, and ensuring compliance with local regulations and tax laws in various countries. With features such as automated data integration, multi-currency payroll, and real-time reporting, CloudPay aims to simplify the complex process of managing payroll across multiple countries and jurisdictions. The platform also offers HR and benefits administration tools to help businesses manage their employee data and compensation packages.
Last updated
CloudPay Revenue
In 2020, CloudPay's revenue reached $49M.
| Year | Milestone | Source |
|---|---|---|
| 2020 | CloudPay Hit $49m revenue in August 2020 | Not recorded |
| 1996 | Launched with $0 revenue |
CloudPay Valuation, Funding Rounds
CloudPay has not publicly disclosed its valuation. The company has raised $127.5M in total funding to date.
CloudPay has raised $127.5M in total funding across 6 rounds, most recently a $35M Series D round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Series D | $35M | - | - | Not recorded |
| 2018 | Series C | $25M | - | - | Not recorded |
| 2017 | Venture | $5M | - | - | Not recorded |
| 2012 | Series B | $16M | - | - | Not recorded |
| 2011 | Venture | $16.5M | - | - | Not recorded |
| 2008 | Series A | $30M | - | - | Not recorded |
Founder / CEO
Customers
CloudPay serves 3.9K customers.
CloudPay Employees & Team Size
CloudPay employs approximately 1.4K people as of 2026, up from 1.1K in 2023, including 26 sales reps that carry a quota. It serves 3.9K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 1.4K employees (December 2024) | Not recorded |
| 2024 | Reached 1.3K employees (October 2024) | Not recorded |
| 2023 | Reached 1.1K employees (September 2023) | Not recorded |
| 2023 | Reached 1.1K employees (September 2023) | Not recorded |
| 2023 | Reached 1.1K employees (September 2023) | Not recorded |
| 2023 | Reached 1K employees (July 2023) | Not recorded |
| 2023 | Reached 1.1K employees (January 2023) | Not recorded |
| 2022 | Reached 897 employees (January 2022) | Not recorded |
| 2021 | Reached 686 employees (August 2021) | Not recorded |
| 2020 | Reached 469 employees (December 2020) | Not recorded |
| 2020 | Reached 500 employees (August 2020) | Not recorded |
| 2020 | Reached 412 employees (June 2020) | Not recorded |
| 2019 | Reached 349 employees (December 2019) | Not recorded |
| 2018 | Reached 311 employees (December 2018) | Not recorded |
Frequently Asked Questions about CloudPay
What is CloudPay's revenue?
As of 2020, CloudPay generated $49M in revenue.
Who is the CEO of CloudPay?
The CEO of CloudPay is Roland Folz.
How much funding does CloudPay have?
CloudPay raised $127.5M across 6 rounds.
How many employees does CloudPay have?
As of 2024, CloudPay had 1.4K employees.
Where is CloudPay headquartered?
CloudPay is headquartered in Andover, England, United Kingdom.
Compare CloudPay to the industry
CloudPay operates across multiple industries. Browse revenue, funding, and growth data for CloudPay 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.
Claim this profilePeople Also Viewed
Newton
Buy and sell Bitcoin & Ethereum instantly.
Channel
Financial institution providing equipment finance and working capital funding solutions for small...
XDuce
XDuce is a leading enterprise App and AI development company that specializes in building...
SimplePractice
SimplePractice is the leading practice management software for behavioral health, helping you...
Rapidops Inc.
Rapidops Inc. is a technology, transformation, and analytics company. We help clients design...
Ycharts
YCharts Enables Smarter Investment Decisions