SumoPayroll revenue is $1.4 million
SumoPayroll team size is 22 employees
SumoPayroll
- London, England, United Kingdom
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
2015
Founded
$1.4M
2022 Revenue
YOY
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
SumoPayroll Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|
Team
SumoPayroll has 22 total employees and 5 sales reps that carry a quota. They have 100 customers an engineering team of 2
| DISTRIBUTION | QTY |
|---|---|
| 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
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Customers
SumoPayroll has 100 customers.
Lifetime Months
-
x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
-
Churn
SumoPayroll has an annual churn rate of 0.00%.
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
| Name | Position |
|---|
SumoPayroll Executives
| Name | Position |
|---|---|
| Steve Lokam | CEO |
SumoPayroll Employees
| Name | Position |
|---|---|
| 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