00d:00h:00m:00s
AI Growth Summit: 9 Tactics to Add $10m FastJune 30
121/150seats takenSave Your Seat
Latka logo

Valuation

$147M

2020 Revenue

$49M

Customers

3.9K

Funding

$127.5M

Avg ACV

$12.6K

Team · 2024

1.4K

Founded

1996

CloudPay Revenue, Valuation & Funding (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.

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 2020
1996Launched 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.

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--
2018Series C$25M--
2017Venture Round$5M--
2012Series B$16M--
2011Venture Round$16.5M--
2008Series A$30M--

Founder / CEO

Roland Folz

CEO

Roland Folz is listed as CEO at CloudPay.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

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)
2024Reached 1.3K employees (October 2024)
2023Reached 1.1K employees (September 2023)
2023Reached 1.1K employees (September 2023)
2023Reached 1.1K employees (September 2023)
2023Reached 1K employees (July 2023)
2023Reached 1.1K employees (January 2023)
2022Reached 897 employees (January 2022)
2021Reached 686 employees (August 2021)
2020Reached 469 employees (December 2020)
2020Reached 500 employees (August 2020)
2020Reached 412 employees (June 2020)
2019Reached 349 employees (December 2019)
2018Reached 311 employees (December 2018)

Frequently 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 across 6 rounds.

How many employees does CloudPay have?

CloudPay has 1.4K employees.

Where is CloudPay headquarters?

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 profile
CloudPay Revenue 2020: $49M ARR, $147M Valuation