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How PayCycle grew PayCycle to $1.4M revenue with a 13 person team in 2025.

PayCycle is the leader in on-demand payroll for small businesses and for the accounting professionals who serve them. Our company is headquartered in Palo Alto, California, with a second location in Schaumburg, Illinois. PayCycle was founded in 1999 by René Lacerte and Martin Gates, who worked together at Intuit. After leading QuickBooks into the payroll services area, they decided to start their own company. They envisioned an easier, more affordable way to manage payroll for small businesses. PayCycle's mission is to make paper-based payroll obsolete. Using our unique Do-It-With-You℠(DIWY℠) technology platform, PayCycle guides users through the entire payroll process online, from setup to paychecks to W-2s. There's no other service like it, whether you're comparing PayCycle to fully-outsourced payroll companies or in-house accounting software.

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PayCycle Revenue

In 2025, PayCycle's revenue reached $1.4M. Since its launch in 1999, PayCycle has shown consistent revenue growth.

PayCycle Revenue GrowthReported revenue / ARR by year$0$400K$800K$1M$2M19992001200320052007200920112013201520172019202120232025$0$1MSource: GetLatka.com
YearMilestone
2025PayCycle Hit $1.4m revenue in September 2025
1999Launched with $0 revenue

PayCycle Valuation, Funding Rounds

PayCycle's most recent disclosed valuation is $4.3M.

PayCycle is a bootstrapped Payroll Software startup. Founded in 1999, PayCycle has grown to $1.4M in revenue without raising any venture capital or outside funding.

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

PayCycle Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119991999 cumulative: $0 • 1999 Founded: $01999 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

PayCycle Employees & Team Size

PayCycle employs approximately 13 people as of 2026.

PayCycle has 13 total employees in different roles and functions.

PayCycle Team GrowthReported headcount over time0369121519992001200320052007200920112013201520172019202120232025001313Source: GetLatka.com
YearMilestone
2025Reached 13 employees (September 2025)

Customers

We do not have customer count information for PayCycle yet.

Frequently Asked Questions about PayCycle

What is PayCycle's revenue?

PayCycle generates $1.4M in revenue.

How much funding does PayCycle have?

PayCycle raised $0.

How many employees does PayCycle have?

PayCycle has 13 employees.

Where is PayCycle headquarters?

PayCycle is headquartered in Palo Alto, California, United States.

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Compare PayCycle to the industry

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

PayCycle Revenue 2025: $1.4M ARR, $4.3M Valuation