CloudPayrevenue & funding
Multi-Country Payroll SoftwareAndover, England, United KingdomFounded 1996CEO Roland Folz
CloudPay is a cloud-based payroll management platform that helps businesses manage their global payroll processes.
- Customers
- 3.9K
CloudPay revenue
CloudPay's annual revenue was $49M in August 2020 (source not recorded), the most recent figure on record.
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $49M | – |
– source not recorded
CloudPay funding rounds & investors
CloudPay has raised $127.5M across six rounds since 2008. The latest was a $35M Series D in August 2020.
| Date | Round | Raised |
|---|---|---|
| Aug 2020 | Series D | $35M |
| May 2018 | Series C | $25M |
| May 2017 | Venture | $5M |
| Dec 2012 | Series B | $16M |
| Oct 2011 | Venture | $16.5M |
| Dec 2008 | Series A | $30M |
| Total raised | $127.5M |
CloudPay competitors
CloudPay competes most directly with Gusto and Papaya Global. It is the smallest of the three by revenue.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Gusto | $1B | $746M | 4,008 | 400K | 2012 |
 Papaya Global | $100M | $439.5M | 795 | 1K | 2016 |
| CloudPay | $49M | $127.5M | 1,386 | 3.9K | 1996 |
#12 of 45 Multi-Country Payroll Software companies by revenue · category median $6.4M · See the ranking
CloudPay CEO & employees
Roland Folz is CEO of CloudPay. CloudPay had 1,386 employees (December 2024, LinkedIn), up from 1,139 a year earlier.
- Roland FolzCEO
InvestorsBrian Sapp, Nick Briody, Joshua Ruch
Also at CloudPayMichael Patsalos-Fox
All 12 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 1,386 | |
| Oct 2024 | 1,346 | |
| Sep 2023 | 1,139 | – |
| Jul 2023 | 1,043 | – |
| 2023 | 1,064 | – |
| 2022 | 897 | – |
| Aug 2021 | 686 | – |
| Dec 2020 | 469 | – |
| Aug 2020 | 500 | – |
| Jun 2020 | 412 | – |
| Dec 2019 | 349 | – |
| Dec 2018 | 311 | – |
CloudPay FAQ
What is CloudPay's revenue?
CloudPay's annual revenue was $49M in August 2020 (source not recorded). No later figure is on record.
How much funding has CloudPay raised?
CloudPay has raised $127.5M across six funding rounds. The latest was a $35M Series D in August 2020.
How many employees does CloudPay have?
CloudPay had 1,386 employees in December 2024, according to LinkedIn.
Who is the CEO of CloudPay?
Roland Folz is the CEO of CloudPay.
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How this page is sourced
2 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun CloudPay? Join the podcast