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Volopay is a financial technology company that provides a smart corporate card and expense management solution for businesses. Their platform helps businesses streamline their expense management processes and gain better control and visibility over their spending.
Last updated
In 2024, Volopay's revenue reached $77.3M. The company previously reported $24.5M in 2024. Since its launch in 2019, Volopay has shown consistent revenue growth.
Volopay has not publicly disclosed its valuation. The company has raised $31.2M in total funding to date.
Volopay has raised $31.2M in total funding across 3 rounds, most recently a $29M Series A round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series A | $29M | - | - | |
| 2021 | Seed Round | $2.1M | - | - | |
| 2020 | Seed Round | $125K | - | - |
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We do not have customer count information for Volopay yet.
Volopay employs approximately 140 people as of 2026, down from 179 in 2023, including 54 sales reps that carry a quota.
Volopay generates $77.3M in revenue.
Volopay was founded by Rajesh Raikwar.
The CEO of Volopay is Rajesh Raikwar.
Volopay raised $31.2M across 3 rounds.
Volopay has 140 employees.
Volopay is headquartered in Singapore, Singapore.
Volopay operates across multiple industries. Browse revenue, funding, and growth data for Volopay in each sector below.
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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2024 Revenue
$77.3M
Funding
$31.2M
Team
140
Founded
2019
| Year | Milestone | Source |
|---|---|---|
| 2024 | Volopay Hit $77.3m revenue in November 2024 | rocketreach.co |
| 2024 | Volopay Hit $24.5m revenue in October 2024 | Estimated |
| 2023 | Volopay Hit $21.4m revenue in December 2023 | Estimated |
| 2021 | Volopay Hit $13.5m revenue in September 2021 | |
| 2019 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 140 employees (December 2024) | |
| 2024 | Reached 135 employees (October 2024) | |
| 2023 | Reached 179 employees (December 2023) | |
| 2023 | Reached 179 employees (September 2023) | |
| 2023 | Reached 177 employees (January 2023) | |
| 2022 | Reached 175 employees (December 2022) | |
| 2022 | Reached 139 employees (February 2022) | |
| 2022 | Reached 172 employees (January 2022) | |
| 2021 | Reached 136 employees (December 2021) | |
| 2021 | Reached 58 employees (August 2021) | |
| 2020 | Reached 22 employees (December 2020) |
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