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Valuation

$3.4M

2021 Revenue

$1.1M

Funding

$0

Team

13

Founded

2019

How Simplypag CEO Carlos Alvarez grew to $1.1M revenue with a 13 person team in 2021.

Developer of payroll management platform intended to improve the relationship between employers and household employees in Brazil. The company's platform offers calculating taxes and managing payroll payments, it also offers employees payroll loans, enabling them to access a credit market, previously underserved by usual financial institutions and minimizing labor risks.

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Simplypag Revenue

In 2021, Simplypag's revenue reached $1.1M. Since its launch in 2019, Simplypag has shown consistent revenue growth.

Simplypag Revenue GrowthReported revenue / ARR over time$0$250K$500K$750K$1M$1M201920202021$0$1MSource: GetLatka.com
YearMilestoneQuote
2021Simplypag Hit $1.1m revenue in April 2021
2019Launched with $0 revenue

Simplypag Valuation, Funding Rounds

Simplypag's most recent disclosed valuation is $3.4M.

Simplypag is a bootstrapped Payroll Software startup. Founded in 2019, Simplypag has grown to $1.1M in revenue without raising any venture capital or outside funding.

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

Simplypag Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12019Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Carlos Alvarez

Fintech entrepreneur and operator with international background and executive experience in general management with focus on strategy, product and risk management

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Customers

We do not have customer count information for Simplypag yet.

Simplypag Employees & Team Size

Simplypag employs approximately 13 people as of 2026.

Simplypag Team GrowthReported headcount over time03691215201920202021001313Source: GetLatka.com
YearMilestone
2021Reached 13 employees (April 2021)

Frequently Asked Questions about Simplypag

What is Simplypag's revenue?

Simplypag generates $1.1M in revenue.

Who founded Simplypag?

Simplypag was founded by Carlos Alvarez.

Who is the CEO of Simplypag?

The CEO of Simplypag is Carlos Alvarez.

How much funding does Simplypag have?

Simplypag raised $0.

How many employees does Simplypag have?

Simplypag has 13 employees.

Where is Simplypag headquarters?

Simplypag is headquartered in Sao Paulo, Brazil.

Compare Simplypag to the industry

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

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Simplypag Revenue 2021: $1.1M ARR, $3.4M Valuation