logo
logo

SumoPayroll revenue is $1.4 million

SumoPayroll team size is 22 employees


logo

SumoPayroll

- London, England, United Kingdom

linkedintwitterwebsite

How SumoPayroll hit $1.4M Revenue with 100 customers in 2022.

SumoPayroll being India’s best cloud-based HR & Payroll software provides all the functionalities like the security of the data as well as payroll management with a great interface. It matches a top class user experience with convincing and quite fitting reliable and credible software which meets all the parameters to process the payroll. SumoPayroll is quick, accurate, easy-to-use cloud-based HR & Payroll software and is among the top of India’s best cloud-based HR & Payroll software companies. It's packed with features that will help streamline the HR, Payroll and TDS filings. SumoPayroll Top 10 Features Include: 1. Enhanced Company Setup. 2. Post Payroll Process Actions. 3. Enhanced Payroll reports in PDF / Excel formats. 4. Customization of Pay Period. 5. Enhanced Payroll Process. 6. Customized Payroll settlement options. 7. Configurable Salary & Expense Reports. 8. Time & Expenses Tracking. 9. Employee Self Service & Management. 10. Enhanced Employee Compensation No Trials, N

Founded

2015

Founded

Revenue

$1.4M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


SumoPayroll Revenue

In 2022, SumoPayroll revenue run rate hit $1.4M in revenue.

  • 2021

    SumoPayroll hit $1.4M in revenue in 2021

  • 2015

    SumoPayroll launched in 2015 with $0 revenue

$1.4M

SumoPayroll Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    SumoPayroll has 22 total employees and 5 sales reps that carry a quota. They have 100 customers an engineering team of 2

    2021
    DISTRIBUTIONQTY
    Total team size
    22
    Engineer
    2(9%)
    Sales
    5(23%)
    Marketing
    0(0%)

    CEO/Founder

    Steve Lokam

    Over 26 years of consulting experience. Steve is the Co-Founder and Sr. Principal at OpenLogix. Recently, Steve Co-Founded a Cloud-based Payroll company in India called SumoPayroll. SumoPayroll is primarily a Payroll and HR product on the cloud for businesses in India. OpenLogix is partnered with leading integration vendors like MuleSoft, IBM, Apigee among others with focus on providing Enterprise Integration Solutions to customers in the US, UK and Asia-Pacific and an authorized reseller of various technology products. SPECIALTIES: Integration/APIs, Hybird Cloud, Mobile, Enterprise Mobility, Enterprise Digital Experiences, e-Commerce, Robotic Process Automation. TECHNICAL EXPERTISE: MuleSoft, Salesforce, IBM Cloud (Softlayer, Bluemix), Google Cloud Platform, IBM Mobile First (aka IBM Worklight), IBM DataPower, IBM BPM, RPA, WebSphere ESB, WebSphere TX, WebSphere Message Broker (Now IIB - IBM Integration Broker) among other integration technologies. He is always looking to network with energetic, enthusiastic people in the areas of API-Led Integration, Partner Integration, RPA.

    Q&A

    What`s your age?

    -

    Favorite online tool?

    -

    Favorite book?

    -

    Favorite CEO?

    -

    Advice for 20 year old self

    -


    Customers

    SumoPayroll has 100 customers.

    Lifetime Months

    -

    x

    Monthly ARPU

    -

    =

    Lifetime Dollar

    -

    Acquisition Cost

    -

    Average Annual Price

    -

    $0$0024681012
    $0$0024681012

    Churn

    SumoPayroll has an annual churn rate of 0.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -0.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    0.00%


    About SumoPayroll

    Monthly Revenue

    $119.9K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    SumoPayroll Board of Directors

    NamePosition

    SumoPayroll Executives

    NamePosition
    Steve Lokam CEO

    SumoPayroll Employees

    NamePosition
    Steve Lokam CEO

    Frequently Asked Questions about SumoPayroll

    When was SumoPayroll founded?

    SumoPayroll was founded in 2015.

    How much revenue does SumoPayroll generate?

    SumoPayroll generates $1.4M in revenue.

    Who is the CEO of SumoPayroll?

    The CEO of SumoPayroll is Steve Lokam.

    How much funding does SumoPayroll have?

    SumoPayroll was raised $0.

    How many employees does SumoPayroll have?

    SumoPayroll has raised 22 employees.

    Where is SumoPayroll headquarters?

    SumoPayroll headquater is at United Kingdom