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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.

CloudPay Revenue GrowthReported revenue / ARR over time$0$12.5M$25M$37.5M$50M$62.5M1996199820002002200420062008201020122014201620182020$0$49MSource: GetLatka.com
YearMilestoneSource
2020CloudPay Hit $49m revenue in August 2020Not recorded
1996Launched 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.

CloudPay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$30M$0.4$60M$0.6$90M$0.8$120M$1$150M1996199820002002200420062008201020122014201620182020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Series D$35M--Not recorded
2018Series C$25M--Not recorded
2017Venture$5M--Not recorded
2012Series B$16M--Not recorded
2011Venture$16.5M--Not recorded
2008Series A$30M--Not recorded

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.

CloudPay Team GrowthReported headcount over time03006009001,2001,500199619982000200220042006200820102012201420162018202020222024001,3861,386Source: GetLatka.com
YearMilestoneSource
2024Reached 1.4K employees (December 2024)Not recorded
2024Reached 1.3K employees (October 2024)Not recorded
2023Reached 1.1K employees (September 2023)Not recorded
2023Reached 1.1K employees (September 2023)Not recorded
2023Reached 1.1K employees (September 2023)Not recorded
2023Reached 1K employees (July 2023)Not recorded
2023Reached 1.1K employees (January 2023)Not recorded
2022Reached 897 employees (January 2022)Not recorded
2021Reached 686 employees (August 2021)Not recorded
2020Reached 469 employees (December 2020)Not recorded
2020Reached 500 employees (August 2020)Not recorded
2020Reached 412 employees (June 2020)Not recorded
2019Reached 349 employees (December 2019)Not recorded
2018Reached 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.

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