CloudPay
Valuation
$147M
2020 Revenue
$49M
Customers
3.9K
Funding
$127.5M
Avg ACV
$12.6K
Team
1.4K
Founded
1996
How CloudPay CEO Roland Folz grew CloudPay to $49M revenue and 3.9K customers 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. Since its launch in 1996, CloudPay has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2020 | CloudPay Hit $49m revenue in August 2020 |
| 1996 | Launched with $0 revenue |
CloudPay Valuation, Funding Rounds
CloudPay's most recent disclosed valuation is $147M.
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 |
|---|---|---|---|---|
| 2020 | Series D | $35M | - | - |
| 2018 | Series C | $25M | - | - |
| 2017 | Venture Round | $5M | - | - |
| 2012 | Series B | $16M | - | - |
| 2011 | Venture Round | $16.5M | - | - |
| 2008 | Series A | $30M | - | - |
CloudPay Employees & Team Size
CloudPay employs approximately 1.4K people as of 2026, up from 1.1K in 2023.
CloudPay has 1.4K total employees in different roles and functions and 26 sales reps that carry a quota. They have 3.9K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 1.4K employees (December 2024) |
| 2024 | Reached 1.3K employees (October 2024) |
| 2023 | Reached 1.1K employees (September 2023) |
| 2023 | Reached 1.1K employees (September 2023) |
| 2023 | Reached 1.1K employees (September 2023) |
| 2023 | Reached 1K employees (July 2023) |
| 2023 | Reached 1.1K employees (January 2023) |
| 2022 | Reached 897 employees (January 2022) |
| 2021 | Reached 686 employees (August 2021) |
| 2020 | Reached 469 employees (December 2020) |
| 2020 | Reached 500 employees (August 2020) |
| 2020 | Reached 412 employees (June 2020) |
| 2019 | Reached 349 employees (December 2019) |
| 2018 | Reached 311 employees (December 2018) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how CloudPay acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about CloudPay
What is CloudPay's revenue?
CloudPay generates $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.
How many employees does CloudPay have?
CloudPay has 1.4K employees.
Where is CloudPay headquarters?
CloudPay is headquartered in Andover, England, United Kingdom.
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Compare CloudPay to the industry
CloudPay operates across multiple industries. Browse revenue, funding, and growth data for CloudPay in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .