SumoPayroll revenue hit $2.4M in 2024

SumoPayroll generates revenue from 100 customers

SumoPayroll

Vizag, Andhra Pradesh, India

About Company RevenueTeamFounder/CEOCustomersCEO Net Worth

How SumoPayroll hit $2.4M revenue and 100 customers in 2023.

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

$2.4M

2023 Revenue

YOY

32.2%

YOY

Funding

$0

Funding

SumoPayroll Revenue

In 2023, SumoPayroll revenue run rate hit $2.4M in revenue.

  • 2023

    SumoPayroll hit $2.4M in revenue in 2023

  • 2021

    SumoPayroll hit $1.4M in revenue in 2021

  • 2015

    SumoPayroll launched in 2015 with $0 revenue

SumoPayroll Funding History


No funding has been reported for SumoPayroll yet.

Team

SumoPayroll has 26 total employees and 5 sales reps that carry a quota. They have 100 customers an engineering team of 2

DISTRIBUTION QTY
Total team size 26
Engineer 2 (8%)
Sales 5 (19%)

Founder / CEO

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

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Customers

Churn

SumoPayroll Executives

Name Position Working Email Personal Email
Steve Lokam CEO [email protected] -

SumoPayroll Employees

Name Position Working Email Personal Email
Steve Lokam CEO [email protected] -

Frequently Asked Questions about SumoPayroll

  • When was SumoPayroll founded?

    SumoPayroll was founded in 2015.

  • How much revenue does SumoPayroll generate?

    SumoPayroll generates $2.4M in revenue.

  • Who is the CEO of SumoPayroll

    The CEO of SumoPayroll is Steve Lokam.

  • How much funding does SumoPayroll have?

    SumoPayroll raised $0.

  • How many employees does SumoPayroll have?

    SumoPayroll has 26 employees.

  • Where is SumoPayroll headquarters?

    SumoPayroll is headquartered at Vizag, Andhra Pradesh, India

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