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How iPayroll grew iPayroll to $5.9M revenue with a 54 person team in 2025.

iPayroll is a proven cloud-based payroll solution developed in New Zealand, for businesses from one employee up to several hundred. We make it simple to run each pay and manage leave, tax and employee records. Your employees can view their payslips, pay history, tax summaries and apply for leave through our Employee App. We provide an easy-to-use, feature-rich payroll solution, so your focus can be your business.

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iPayroll Revenue

In 2025, iPayroll's revenue reached $5.9M. Since its launch in 2001, iPayroll has shown consistent revenue growth.

iPayroll Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2001200320052007200920112013201520172019202120232025$0$6MSource: GetLatka.com
YearMilestone
2025iPayroll Hit $5.9m revenue in September 2025
2001Launched with $0 revenue

iPayroll Valuation, Funding Rounds

iPayroll's most recent disclosed valuation is $17.8M.

iPayroll is a bootstrapped Payroll Software startup. Founded in 2001, iPayroll has grown to $5.9M in revenue without raising any venture capital or outside funding.

As a self-funded Payroll Software SaaS company, iPayroll has built its business with no outside investment.

iPayroll Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120012001 cumulative: $0 • 2001 Founded: $02001 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

iPayroll Employees & Team Size

iPayroll employs approximately 54 people as of 2026.

iPayroll has 54 total employees in different roles and functions.

iPayroll Team GrowthReported headcount over time013253850632001200320052007200920112013201520172019202120232025005454Source: GetLatka.com
YearMilestone
2025Reached 54 employees (September 2025)

Customers

We do not have customer count information for iPayroll yet.

Frequently Asked Questions about iPayroll

What is iPayroll's revenue?

iPayroll generates $5.9M in revenue.

How much funding does iPayroll have?

iPayroll raised $0.

How many employees does iPayroll have?

iPayroll has 54 employees.

Where is iPayroll headquarters?

iPayroll is headquartered in New Zealand.

Compare iPayroll to the industry

iPayroll operates across multiple industries. Browse revenue, funding, and growth data for iPayroll 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 .

iPayroll Revenue 2025: $5.9M ARR, $17.8M Valuation