CloudPayrevenue & funding
Accounting & Finance 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 |
#49 of 820 Accounting & Finance Software companies by revenue · category median $2.3M · See the ranking
CloudPay CEO & employees
Roland Folz is CEO of CloudPay. CloudPay has 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
How much money does CloudPay make?
The most recent figure is $49M in annual revenue, from August 2020 (source not recorded).
How much funding has CloudPay raised?
$127.5M across 6 rounds; the latest was a $35M Series D in August 2020.
Who is the CEO of CloudPay?
Roland Folz.
How many employees does CloudPay have?
About 1,386 as of December 2024 (LinkedIn).
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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 Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun CloudPay? Join the podcast